Defined Benefit (Pension) · DOL Form 5500 · 2024

Fluor Marine Propulsion, LLC Pension Plan

Data updated 2026-08-06

$127M
Total assets
141
Participants
92nd
Percentile by assets
$899,210
Avg per participant
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Official DOL plan name: Pension Plan for Kapl Employees in Participating Bargaining Units · Sponsored by Fluor Marine Propulsion, LLC · Pennsylvania · Professional & Technical Services

$127M in assets, 141 participants

Fluor Marine Propulsion, LLC's Pension Plan for Kapl Employees in Participating Bargaining Units reported $127M in total assets and 141 participants in its 2024 DOL Form 5500 filing, ranking in the 92nd 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.

  • 92nd percentile by assets (of 116,472 plans)
  • #18,222 in Professional & Technical Services (19,542 peers)

Coverage in Pennsylvania

Pension Plan for Kapl Employees in Participating Bargaining Units covers 141 participants in Pennsylvania, about 17% of the average Pennsylvania filer (state average ~824 per filing). Assets: $127M.

$127M
total plan assets (2024 EOY)
141
covered participants
92nd
percentile by assets (of 116,472 plans)
$899,210
avg assets per participant

The plan reported a net loss of $1M 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

  • Pension Plan for Kapl Employees in Participating Bargaining Units reported net income fell from $7M in the plan year 2023 filing to -$1M in the plan year 2024 filing.
  • Pension Plan for Kapl Employees in Participating Bargaining Units reported participants fell from 162 in the plan year 2023 filing to 141 in the plan year 2024 filing.
  • Pension Plan for Kapl Employees in Participating Bargaining Units end-of-year assets fell from $128M in the plan year 2023 filing to $127M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Participants vs Pennsylvania filers

In Pennsylvania, the average filing covers about 824 participants across 5,360 plans. Pension Plan for Kapl Employees in Participating Bargaining Units reports 141 participants - about 17% of that state average ($127M EOY assets).

Pennsylvania filing particulars

Total Assets (Beginning of Year)$128M
Net Assets (End of Year)$127M
Net Income-$1M
Employer EIN824281125
Plan Effective Date1995-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Fluor Marine Propulsion, LLC)

$2.1B$2.2B$2.3B$2.4B 202220232024 $2.19B $2.37B ▲ +8.2%
Total plan assets by year, all Fluor Marine Propulsion, LLC plans on file
Year Plans Participants Total Assets
2022 3 2,878 $2.2B
2023 3 2,595 $2.4B
2024 3 2,404 $2.4B

Nearby Defined Benefit (Pension) Plans in Pennsylvania

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

Pension Plan for Kapl Employees in Participating Bargaining Units vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants

Pension Plan for Kapl Employees in Participating Bargaining Units vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -202468 Total assets ($B) Participants Pension Plan for Kap…Steelworkers Pension…The PNC Financial Se…The Bank of New York…Constellation Retire…Eastern Atlantic Sta…
Pension Plan for Kapl Employees in Participating Bargaining Units vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Pension Plan for Kapl Employees in Participating Bargaining Units by total assets, not by location.

Frequently Asked Questions

How did Pension Plan for Kapl Employees in Participating Bargaining Units assets move in 2024?
Pension Plan for Kapl Employees in Participating Bargaining Units held essentially flat - down 1.0% during 2024, from $128M to $127M. Reported net income was -$1M.
How have Fluor Marine Propulsion, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Fluor Marine Propulsion, LLC's sponsor-wide assets grew 8.3%, from $2.2B to $2.4B.
Where does Pension Plan for Kapl Employees in Participating Bargaining Units rank by assets among Form 5500 filers?
Pension Plan for Kapl Employees in Participating Bargaining Units ranks in the 92nd percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Pension Plan for Kapl Employees in Participating Bargaining Units?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Willkie Farr & Gallagher LLP Partner Pension Plan in NY ($127M, 261 participants).

Next read for Pension Plan for Kapl Employees in Parti…

Filing takeaways

Ways to act on Pension Plan for Kapl Employees in Participating Bargaining Units's numbers.