Defined Benefit (Pension) · DOL Form 5500 · 2024

Trimas Corporation Pension Plan

Data updated 2026-08-25

$11M
Total assets Small plan by assets
105
Participants Small participant base
57th
Percentile by assets National rank
$101,896
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Trimas Corporation Union Employees Pension Plan · Sponsored by Trimas Corporation · Michigan · Manufacturing

$11M in assets, 105 participants

Trimas Corporation's Trimas Corporation Union Employees Pension Plan reported $11M in total assets and 105 participants in its 2024 DOL Form 5500 filing, ranking in the 57th 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.

  • #7,704 in Manufacturing (17,777 peers)

Coverage in Michigan

Trimas Corporation Union Employees Pension Plan covers 105 participants in Michigan, about 16% of the average Michigan filer (state average ~638 per filing). Assets: $11M.

#7,704
in Manufacturing (17,777 peers)
+9.6%
assets growth YoY

Trimas Corporation Union Employees Pension Plan's mid-pack asset rank among Manufacturing and all filers

Trimas Corporation Union Employees Pension Plan vs every filed plan by assets

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

$10,699,130 Top 43% higher than 57% 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

Trimas Corporation Union 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. Trimas Corporation Union Employees Pension Plan sits mid-pack in the medium band (105 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Trimas Corporation Union Employees Pension Plan reported net income fell from $1M in the plan year 2023 filing to $941K in the plan year 2024 filing.
  • Trimas Corporation Union Employees Pension Plan end-of-year assets rose from $10M in the plan year 2023 filing to $11M in the plan year 2024 filing.
  • Trimas Corporation Union Employees Pension Plan reported participants fell from 107 in the plan year 2023 filing to 105 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 382687639 · Trimas Corporation PY 2024 · Defined Benefit (Pension)

Trimas Corporation Union Employees Pension Plan · $11M · 105 · 57th

  • PHOTO $11M
  • PHOTO 105
  • PHOTO 57th
  • PHOTO Defined Benefit (Pension)
  • PHOTO near Newspapers of New England, Inc. Pension Plan
  • PHOTO ind #7704

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 Michigan →

Trimas Corporation Union Employees Pension Plan in the asset neighbourhood

Gentek Building Products, Inc. Woodbridge Hourly Pension PlanGentek Building Products, In…$11MTrimas Corporation Union Employees Pension PlanTrimas Corporation Union Emp…$11MNewspapers of New England, Inc. Pension PlanNewspapers of New England, I…$11MLockheed Martin Corporation New Retirement Income Plan for Employees in Puerto RicoLockheed Martin Corporation …$11MSypris Technologies Marion, LLC Restated Pension Plan for Union EmployeesSypris Technologies Marion, …$11M
End-of-year total assets ($M) among Trimas Corporation Union Employees Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Michigan filing particulars

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$11M
Net Income$941K
Employer EIN382687639
Plan Effective Date2002-06-06
Filing StatusFILING RECEIVED

Sponsor Plan History (Trimas Corporation)

Sponsor-wide plan assets over time

All Trimas Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$217M 34.11365171515535% vs 2022
2024 filing year
$140M$160M$180M$200M$220M$240M 202220232024 $162M $217M ▲ +34.1%
Year Plans Participants Total Assets
2022 3 1,735 $162M
2023 3 1,784 $192M
2024 3 2,167 $217M

Nearby Defined Benefit (Pension) Plans in Michigan

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

Trimas Corporation Union Employees Pension Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -1001020304050 Total assets ($B) Participants Trimas Corporation Union Employees Pension Plan, Total assets ($B): 0.01069913 · Participants: 105Trimas Corporation Union Employees Pension PlanGeneral Motors Hourly-Rate Employees Pension Plan, Total assets ($B): 42.453822995 · Participants: 15648General Motors Hourly-Rate Employees Pension PlanFord Motor Company UAW Retirement Plan, Total assets ($B): 17.842898898 · Participants: 25742Ford Motor Company UAW Retirement PlanFord Motor Company General Retirement Plan, Total assets ($B): 12.116125366 · Participants: 8585Ford Motor Company General Retirement PlanDow Employees' Pension Plan, Total assets ($B): 10.930410978 · Participants: 6888Dow Employees' Pension PlanFca US LLC UAW Pension Agreement, Total assets ($B): 10.255300049 · Participants: 12752Fca US LLC UAW Pension Agreement
Trimas Corporation Union Employees Pension Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants

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

Outside Michigan, the nearest Defined Benefit (Pension) by assets is Newspapers of New England, Inc. Pension Plan in NH ($11M); by covered participants it is Floridacentral Credit Union Cash Balance Retirement Pension Plan in FL (105 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 Trimas Corporation Union Employees Pension Plan assets move in 2024?
Trimas Corporation Union Employees Pension Plan grew at a solid clip - up 9.6% during 2024, from $10M to $11M. Reported net income was $941K.
How have Trimas Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Trimas Corporation's sponsor-wide assets grew 34.1%, from $162M to $217M.
Which Defined Benefit (Pension) plans are similar in size to Trimas Corporation Union Employees Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Newspapers of New England, Inc. Pension Plan in NH ($11M, 31 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Trimas Corporation Union Employees Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Floridacentral Credit Union Cash Balance Retirement Pension Plan in FL (105 participants, $19M in assets).