Defined Benefit (Pension) · DOL Form 5500 · 2024

Tempel Steel Company, LLC Pension Plan

Data updated 2026-08-25

$40M
Total assets Below avg plan size
126
Participants Small participant base
81st
Percentile by assets National rank
$314,213
Avg per participant High balance/head
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Official DOL plan name: Tempel Employees Pension Plan · Sponsored by Tempel Steel Company, LLC · Illinois · Manufacturing

$40M in assets, 126 participants

Tempel Steel Company, LLC's Tempel Employees Pension Plan reported $40M in total assets and 126 participants in its 2024 DOL Form 5500 filing, ranking in the 81st percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #13,119 in Manufacturing (17,777 peers)

Coverage in Illinois

Tempel Employees Pension Plan covers 126 participants in Illinois, about 16% of the average Illinois filer (state average ~779 per filing). Assets: $40M.

#13,119
in Manufacturing (17,777 peers)
-29.4%
assets change YoY
0.4×
vs typical plan assets (national mean)

The plan reported a net loss of $16M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Tempel Employees Pension Plan's outsized position by total assets

Tempel Employees Pension Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$39,590,812 Top 19% higher than 81% of 123,620 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

Tempel Employees Pension Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Tempel Employees Pension Plan sits mid-pack in the medium band (126 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Tempel Employees Pension Plan reported net income fell from $1M in the plan year 2023 filing to -$16M in the plan year 2024 filing.
  • Tempel Employees Pension Plan end-of-year assets fell from $56M in the plan year 2023 filing to $40M in the plan year 2024 filing.
  • Tempel Employees Pension Plan reported participants fell from 144 in the plan year 2023 filing to 126 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 202122127 · Tempel Steel Company, LLC PY 2024 · Defined Benefit (Pension)

Tempel Employees Pension Plan · $40M · 126 · 81st

  • BOY $40M
  • BOY 126
  • BOY 81st
  • BOY Defined Benefit (Pension)
  • BOY near Cyprus Federal Credit Union Cash Balance Defined Benefit Plan and Trust
  • BOY ind #13119

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in Illinois →

Tempel Employees Pension Plan in the asset neighbourhood

Belco Community Credit Union Cash Balance Defined Benefit Plan and TrustBelco Community Credit Union…$40MRoofers Local No. 241 Pension FundRoofers Local No. 241 Pensio…$40MCyprus Federal Credit Union Cash Balance Defined Benefit Plan and TrustCyprus Federal Credit Union …$40MTempel Employees Pension Plan$40MDechert LLP Pension Plan for Staff EmployeesDechert LLP Pension Plan for…$40M
End-of-year total assets ($M) among Tempel Employees Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Illinois filing particulars

Total Assets (Beginning of Year)$56M
Net Assets (End of Year)$40M
Net Income-$16M
Employer EIN202122127
Plan Effective Date1984-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Tempel Steel Company, LLC)

Sponsor-wide plan assets over time

All Tempel Steel Company, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$40M 62.7743533361276% vs 2022
2024 filing year
$0M$50M$100M$150M 202220232024 $106M $39.6M ▼ -62.8%
Year Plans Participants Total Assets
2022 2 454 $106M
2023 2 482 $56M
2024 1 126 $40M

Nearby Defined Benefit (Pension) Plans in Illinois

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Tempel Employees Pension Plan vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000001000020000300004000050000 -200204060 Total assets ($B) Participants Tempel Employees Pension Plan, Total assets ($B): 0.039590812 · Participants: 126Tempel Employees Pension PlanCentral States, Southeast & Southwest Areas Pension Plan, Total assets ($B): 48.22071058 · Participants: 36799Central States, Southeast & Southwest Areas Pension PlanState Farm Insurance Companies Retirement Plan for United States Employees, Total assets ($B): 37.736369487 · Participants: 41619State Farm Insurance Companies Retirement Plan for United States EmployeesGE Healthcare Pension Plan, Total assets ($B): 13.74052931 · Participants: 5554GE Healthcare Pension PlanAbbott Laboratories Annuity Retirement Plan, Total assets ($B): 8.591907247 · Participants: 17875Abbott Laboratories Annuity Retirement PlanUnited Food & Commercial Workers Intl Union - Industry Pension Fund, Total assets ($B): 8.17675965 · Participants: 20984United Food & Commercial Workers Intl Union - Industry Pension Fund
Tempel Employees Pension Plan vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants

Tempel Employees Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Illinois, the nearest Defined Benefit (Pension) by assets is Cyprus Federal Credit Union Cash Balance Defined Benefit Plan and Trust in UT ($40M); by covered participants it is Local 153-Ghi Pension Plan in NY (126 participants). Same-state nearby plans are listed separately above.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Tempel Employees Pension Plan assets move in 2024?
Tempel Employees Pension Plan declined sharply - down 29.4% during 2024, from $56M to $40M. Reported net income was -$16M.
How have Tempel Steel Company, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Tempel Steel Company, LLC's sponsor-wide assets declined 62.8%, from $106M to $40M.
Where does Tempel Employees Pension Plan rank by assets among Form 5500 filers?
Tempel Employees Pension Plan ranks in the 81st percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Tempel Employees Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Cyprus Federal Credit Union Cash Balance Defined Benefit Plan and Trust in UT ($40M, 404 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Tempel Employees Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Local 153-Ghi Pension Plan in NY (126 participants, $237M in assets).