Defined Benefit (Pension) · DOL Form 5500 · 2024

Corvac Composites, LLC Pension Plan

Data updated 2026-07-24

$192K
Total assets
71
Participants
10th
Percentile by assets
$2,709
Avg per participant
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Official DOL plan name: Corvac Composites, LLC Portable Pension Plan · Sponsored by Corvac Composites, LLC · Michigan · Manufacturing

$192K in assets, 71 participants

Corvac Composites, LLC's Corvac Composites, LLC Portable Pension Plan reported $192K in total assets and 71 participants in its 2024 DOL Form 5500 filing, ranking in the 10th 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.

  • 10th percentile by assets (of 116,472 plans)

Corvac Composites, LLC multi-year trail

Corvac Composites, LLC's plans moved +26.3% in assets from 2022 to 2024; this filing shows Corvac Composites, LLC Portable Pension Plan at $192K / 71 participants.

$192K
total plan assets (2024 EOY)
71
covered participants
10th
percentile by assets (of 116,472 plans)
$2,709
avg assets per participant

The plan reported a net loss of $85K 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

  • Corvac Composites, LLC Portable Pension Plan reported net income fell from $19K in the plan year 2023 filing to -$85K in the plan year 2024 filing.
  • Corvac Composites, LLC Portable Pension Plan end-of-year assets fell from $278K in the plan year 2023 filing to $192K in the plan year 2024 filing.
  • Corvac Composites, LLC Portable Pension Plan reported participants fell from 87 in the plan year 2023 filing to 71 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Corvac Composites, LLC across 3 plan years on file

Across the 3 plan years Corvac Composites, LLC has on file (2022-2024), sponsor-wide plan assets have moved from $2M to $3M, a gain of 26.3%, while reported participants moved from 183 to 197 (+7.7%). Peak year by sponsor assets: 2024 ($3M); trough: 2022 ($2M).

Corvac Composites, LLC multi-year asset trail

$1.8M$2M$2.2M$2.4M$2.6M 202220232024 $1.99M $2.52M ▲ +26.6%
Total plan assets by year, all Corvac Composites, LLC plans on file
Year Plans Participants Total Assets
2022 2 183 $2M
2023 2 216 $2M
2024 2 197 $3M

Corvac Composites, LLC filing trail (2024)

Total Assets (Beginning of Year)$278K
Net Assets (End of Year)$192K
Net Income-$85K
Employer EIN202485456
Plan Effective Date2001-05-18
Filing StatusFILING RECEIVED

Nearby Defined Benefit (Pension) Plans in Michigan

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

Corvac Composites, LLC Portable Pension Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants

Corvac Composites, LLC Portable Pension Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -505101520 Total assets ($B) Participants Corvac Composites, L…Ford Motor Company U…Ford Motor Company G…Dow Employees' Pensi…Fca US LLC UAW Pensi…Fca US LLC Pension P…
Corvac Composites, LLC Portable Pension Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Corvac Composites, LLC Portable Pension Plan by total assets, not by location.

Frequently Asked Questions

How did Corvac Composites, LLC Portable Pension Plan assets move in 2024?
Corvac Composites, LLC Portable Pension Plan contracted severely - down 30.7% during 2024, from $278K to $192K. Reported net income was -$85K.
How have Corvac Composites, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Corvac Composites, LLC's sponsor-wide assets grew 26.3%, from $2M to $3M.
Where does Corvac Composites, LLC Portable Pension Plan rank by assets among Form 5500 filers?
Corvac Composites, LLC Portable Pension Plan ranks in the 10th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (among the smaller plans by assets on file).
Which Defined Benefit (Pension) plans are similar in size to Corvac Composites, LLC Portable Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Sherwin Alumina Company Pension Plan for Hourly Employees in NY ($193K, N/A participants).

Next read for Corvac Composites, LLC Portable Pension …

Multi-year trail

Ways to act on Corvac Composites, LLC Portable Pension Plan's numbers.

  • By total assets, Corvac Composites, LLC Portable Pension Plan ranks among the smaller plans by assets on file. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Michigan. Compare plans
  • Corvac Composites, LLC's sponsor-wide assets have grown 26.3% since 2022 across 3 plan years on file. More Manufacturing plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 202485456.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.