Defined Benefit (Pension) · DOL Form 5500 · 2024
Schindler Elevator Corporation Pension Plan
Data updated 2026-08-11
- $109M
- Total assets
- 217
- Participants
- 91st
- Percentile by assets
- $502,557
- Avg per participant
Official DOL plan name: Schindler Elevator Corporation Retirement Plan · Sponsored by Schindler Elevator Corporation · New Jersey · Manufacturing
$109M in assets, 217 participants
Schindler Elevator Corporation's Schindler Elevator Corporation Retirement Plan reported $109M in total assets and 217 participants in its 2024 DOL Form 5500 filing, ranking in the 91st 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.
- 91st percentile by assets (of 123,622 plans)
- #15,419 in Manufacturing (17,777 peers)
Coverage in New Jersey
Schindler Elevator Corporation Retirement Plan covers 217 participants in New Jersey, about 26% of the average New Jersey filer (state average ~844 per filing). Assets: $109M.
- $109M
- total plan assets (2024 EOY)
- 217
- covered participants
- 91st
- percentile by assets (of 123,622 plans)
- $502,557
- avg assets per participant
The plan reported a net loss of $15M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Schindler Elevator Corporation Retirement Plan reported net income fell from -$7M in the plan year 2023 filing to -$15M in the plan year 2024 filing.
- Schindler Elevator Corporation Retirement Plan end-of-year assets fell from $124M in the plan year 2023 filing to $109M in the plan year 2024 filing.
- Schindler Elevator Corporation Retirement Plan reported participants fell from 226 in the plan year 2023 filing to 217 in the plan year 2024 filing.
Participants vs New Jersey filers
In New Jersey, the average filing covers about 844 participants across 4,145 plans. Schindler Elevator Corporation Retirement Plan reports 217 participants - about 26% of that state average ($109M EOY assets).
New Jersey filing particulars
| Total Assets (Beginning of Year) | $124M |
|---|---|
| Net Assets (End of Year) | $109M |
| Net Income | -$15M |
| Employer EIN | 341270056 |
| Plan Effective Date | 1989-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Schindler Elevator Corporation)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 4 | 2,612 | $504M |
| 2023 | 3 | 2,590 | $591M |
| 2024 | 3 | 2,493 | $639M |
Nearby Defined Benefit (Pension) Plans in New Jersey
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Schindler Elevator Corporation Retirement Plan vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants
- Retirement Plan of Johnson and Johnson $21.1B · 37,882
- JPMorgan Chase Retirement Plan $16.1B · 83,812
- Nokia Retirement Income Plan $12.9B · 7,280
- The Prudential Merged Retirement Plan $12.0B · 16,233
- Merck US Pension Plan $10.1B · 26,843
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Schindler Elevator Corporation Retirement Plan by total assets, not by location.
- Post Holdings, Inc. Retirement Plan (MO) $109M · 302
- Operative Plasterers & Cement Masons Officers & Employees Pension Fund (MD) $109M · 325
- Sheet Metal Workers' Local 46 Pension Fund (NY) $109M · 362
- Tower International Pension Plan (MI) $109M · 308
Frequently Asked Questions
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How have Schindler Elevator Corporation plan assets changed over time? ▼
Where does Schindler Elevator Corporation Retirement Plan rank by assets among Form 5500 filers? ▼
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Next read for Schindler Elevator Corporation Retiremen…
Filing takeaways
Ways to act on Schindler Elevator Corporation Retirement Plan's numbers.
- By total assets, Schindler Elevator Corporation Retirement Plan ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in New Jersey. Compare plans
- Schindler Elevator Corporation's sponsor-wide assets have grown 26.8% since 2022 across 3 plan years on file. More Manufacturing plans