Defined Benefit (Pension) · DOL Form 5500 · 2024

Shenango, LLC Pension Plan

Data updated 2026-08-25

$13M
Total assets Small plan by assets
N/A
Participants Small participant base
61st
Percentile by assets National rank
PlainRetire home → About this data RSS: change history

Official DOL plan name: Shenango Incorporated Pension Plan · Sponsored by Shenango, LLC · Michigan · Manufacturing

$13M in assets, N/A participants

Shenango, LLC's Shenango Incorporated Pension Plan reported $13M in total assets and N/A participants in its 2024 DOL Form 5500 filing, ranking in the 61st 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.

  • #8,638 in Manufacturing (17,777 peers)

What the 2024 filing shows

Shenango Incorporated Pension Plan holds $13M for N/A participants, above the median plan by assets.

#8,638
in Manufacturing (17,777 peers)
-5.6%
assets change YoY

The plan reported a net loss of $756K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Shenango Incorporated Pension Plan's mid-pack asset rank among Manufacturing and all filers

Shenango Incorporated Pension Plan vs every filed plan by assets

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

$13,031,908 Top 39% higher than 61% 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

Filed plans by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Shenango Incorporated Pension Plan reported net income fell from -$108K in the plan year 2023 filing to -$756K in the plan year 2024 filing.
  • Shenango Incorporated Pension Plan end-of-year assets fell from $14M in the plan year 2023 filing to $13M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 251104158 · Shenango, LLC PY 2024 · Defined Benefit (Pension)

Shenango Incorporated Pension Plan · $13M · N/A · 61st

  • EIN $13M
  • RANK N/A
  • PHOTO 61st
  • IND Defined Benefit (Pension)
  • EOY near Horace Mann Pension Plan
  • 5500 ind #8638

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 →

Shenango Incorporated Pension Plan in the asset neighbourhood

Profusion Industries Marietta Plant Pension PlanProfusion Industries Mariett…$13MLocal 868 I. B. of T. Pension FundLocal 868 I. B. of T. Pensio…$13MDairy Employees Union Local 17 Pension PlanDairy Employees Union Local …$13MShenango Incorporated Pension PlanShenango Incorporated Pensio…$13MHorace Mann Pension Plan$13M
End-of-year total assets ($M) among Shenango Incorporated Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Filing particulars (2024)

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$13M
Net Income-$756K
Employer EIN251104158
Plan Effective Date1950-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Shenango, LLC)

Sponsor-wide plan assets over time

All Shenango, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$13M 6.439985443245493% vs 2022
2024 filing year
$12.5M$13M$13.5M$14M$14.5M 202220232024 $13.9M $13M ▼ -6.5%
Year Plans Participants Total Assets
2022 1 N/A $14M
2023 1 N/A $14M
2024 1 N/A $13M

Nearby Defined Benefit (Pension) Plans in Michigan

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

Shenango Incorporated Pension Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -1001020304050 Total assets ($B) Participants Shenango Incorporated Pension Plan, Total assets ($B): 0.013031908 · Participants: 0Shenango Incorporated 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
Shenango Incorporated Pension Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants

Shenango Incorporated Pension Plan's closest out-of-state Defined Benefit (Pension) peers by assets

Outside Michigan, the nearest Defined Benefit (Pension) by end-of-year assets is Horace Mann Pension Plan in IL at $13M (this filing: $13M).

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($13M here).

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 Shenango Incorporated Pension Plan assets move in 2024?
Shenango Incorporated Pension Plan pulled back noticeably - down 5.6% during 2024, from $14M to $13M. Reported net income was -$756K.
How have Shenango, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Shenango, LLC's sponsor-wide assets declined 6.4%, from $14M to $13M.
Which Defined Benefit (Pension) plans are similar in size to Shenango Incorporated Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Horace Mann Pension Plan in IL ($13M, 103 participants).