Defined Benefit (Pension) · DOL Form 5500 · 2024
Cone Drive Operations, Inc. Pension Plan
Data updated 2026-08-25
- $11M
- Total assets Small plan by assets
- 16
- Participants Small participant base
- 58th
- Percentile by assets National rank
- $693,535
- Avg per participant High balance/head
Official DOL plan name: Cone Drive Hourly Union Pension Plan (UAW Local 21 - Traverse City, Mi) · Sponsored by Cone Drive Operations, Inc. · Ohio · Manufacturing
$11M in assets, 16 participants
Cone Drive Operations, Inc.'s Cone Drive Hourly Union Pension Plan (UAW Local 21 - Traverse City, Mi) reported $11M in total assets and 16 participants in its 2024 DOL Form 5500 filing, ranking in the 58th 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.
- #7,888 in Manufacturing (17,777 peers)
What the 2024 filing shows
Cone Drive Hourly Union Pension Plan (UAW Local 21 - Traverse City, Mi) holds $11M for 16 participants - about $693,535 per participant, above the median plan by assets.
- #7,888
- in Manufacturing (17,777 peers)
- -7.6%
- assets change YoY
The plan reported a net loss of $924K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Cone Drive Hourly Union Pension Plan (UAW Local 21 - Traverse City, Mi)'s mid-pack asset rank among Manufacturing and all filers
Cone Drive Hourly Union Pension Plan (UAW Local 21 - Traverse City, Mi) vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$11,096,561 Top 42% higher than 58% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Cone Drive Hourly Union Pension Plan (UAW Local 21 - Traverse City, Mi) among smaller filed plans by headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Cone Drive Hourly Union Pension Plan (UAW Local 21 - Traverse City, Mi) is a small filing (16 participants) on this national headcount ladder.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Cone Drive Hourly Union Pension Plan (UAW Local 21 - Traverse City, Mi) reported net income fell from -$4K in the plan year 2023 filing to -$924K in the plan year 2024 filing.
- Cone Drive Hourly Union Pension Plan (UAW Local 21 - Traverse City, Mi) reported participants fell from 18 in the plan year 2023 filing to 16 in the plan year 2024 filing.
- Cone Drive Hourly Union Pension Plan (UAW Local 21 - Traverse City, Mi) end-of-year assets fell from $12M in the plan year 2023 filing to $11M in the plan year 2024 filing.
EBSA filing schedule strip
Filing strip 050425787 · Cone Drive Operations, Inc. PY 2024 · Defined Benefit (Pension)
Cone Drive Hourly Union Pension Plan (UAW Local 21 - Traverse City, Mi) · $11M · 16 · 58th
- IND $11M
- IND 16
- IND 58th
- IND Defined Benefit (Pension)
- IND near Cash Balance Pension Plan for Staff Employees of Mount Holyoke College
- IND ind #7888
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 Ohio →
Cone Drive Hourly Union Pension Plan (UAW Local 21 - Traverse City, Mi) in the asset neighbourhood
Filing particulars (2024)
| Total Assets (Beginning of Year) | $12M |
|---|---|
| Net Assets (End of Year) | $11M |
| Net Income | -$924K |
| Employer EIN | 050425787 |
| Plan Effective Date | 1955-09-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Cone Drive Operations, Inc.)
Sponsor-wide plan assets over time
All Cone Drive Operations, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $16M 4.335220620140935% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 101 | $15M |
| 2023 | 2 | 121 | $16M |
| 2024 | 2 | 115 | $16M |
Nearby Defined Benefit (Pension) Plans in Ohio
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- GE Aerospace Pension Plan $19.0B · 9,637
- Firstenergy Corp. Master Pension Plan $6.5B · 12,187
- American Electric Power System Retirement Plan $4.1B · 16,073
- Ohio Operating Engineers Pension Plan $3.9B · 10,387
- Parker Defined Benefit Pension Plan $3.5B · 8,120
Cone Drive Hourly Union Pension Plan (UAW Local 21 - Traverse City, Mi)'s out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Ohio, the nearest Defined Benefit (Pension) by assets is Cash Balance Pension Plan for Staff Employees of Mount Holyoke College in MA ($11M); by covered participants it is Pension Plan of the Genesee Valley Presbyterian Nursing Center in NY (16 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($11M here).
- Cash Balance Pension Plan for Staff Employees of Mount Holyoke College (MA) $11M · 77
- Reser's Fine Foods, Inc. Restated Employees' Pension Plan (OR) $11M · 51
- Local 464a Finast Full Time Employees Pension Plan (NJ) $11M · 192
- General Refractories Company Pension Plan for Salaried Employees (PA) $11M · 2
Similar participant headcount
Nearest other-state filings by covered participants (16 participants); asset peers above are excluded.
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.