Defined Benefit (Pension) · DOL Form 5500 · 2024

The Gorman-Rupp Company Pension Plan

Data updated 2026-08-25

$56M
Total assets Below avg plan size
231
Participants Below avg headcount
85th
Percentile by assets National rank
$242,730
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: The Gorman-Rupp Company Retirement Plan · Sponsored by The Gorman-Rupp Company · Ohio · Manufacturing

$56M in assets, 231 participants

The Gorman-Rupp Company's The Gorman-Rupp Company Retirement Plan reported $56M in total assets and 231 participants in its 2024 DOL Form 5500 filing, ranking in the 85th 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.

  • #14,071 in Manufacturing (17,777 peers)

Coverage in Ohio

The Gorman-Rupp Company Retirement Plan covers 231 participants in Ohio, about 30% of the average Ohio filer (state average ~765 per filing). Assets: $56M.

#14,071
in Manufacturing (17,777 peers)
+4.3%
assets growth YoY
0.6×
vs typical plan assets (national mean)

The Gorman-Rupp Company Retirement Plan's outsized position by total assets

The Gorman-Rupp Company Retirement Plan vs every filed plan by assets

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

$56,070,738 Top 15% higher than 85% 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

The Gorman-Rupp Company Retirement 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. The Gorman-Rupp Company Retirement Plan sits mid-pack in the medium band (231 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • The Gorman-Rupp Company Retirement Plan reported net income fell from $5M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • The Gorman-Rupp Company Retirement Plan end-of-year assets rose from $54M in the plan year 2023 filing to $56M in the plan year 2024 filing.
  • The Gorman-Rupp Company Retirement Plan reported participants fell from 236 in the plan year 2023 filing to 231 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 340253990 · The Gorman-Rupp Company PY 2024 · Defined Benefit (Pension)

The Gorman-Rupp Company Retirement Plan · $56M · 231 · 85th

  • SCH $56M
  • EBSA 231
  • PART 85th
  • TYPE Defined Benefit (Pension)
  • NET near Landmark Credit Union Defined Benefit Plan
  • BOOK ind #14071

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 →

The Gorman-Rupp Company Retirement Plan in the asset neighbourhood

Lifespire Retirement Plan$56MHapo Community Credit Union Cash Balance Defined Benefit Plan and TrustHapo Community Credit Union …$56MDC 37 Local 389 Home Care Employees Pension FundDC 37 Local 389 Home Care Em…$56MLandmark Credit Union Defined Benefit PlanLandmark Credit Union Define…$56MThe Gorman-Rupp Company Retirement PlanThe Gorman-Rupp Company Reti…$56M
End-of-year total assets ($M) among The Gorman-Rupp Company Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Ohio filing particulars

Total Assets (Beginning of Year)$54M
Net Assets (End of Year)$56M
Net Income$2M
Employer EIN340253990
Plan Effective Date1982-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Gorman-Rupp Company)

Sponsor-wide plan assets over time

All The Gorman-Rupp Company plans reported in each filing year

Latest sponsor-wide plan assets
$179M 41.119054388347614% vs 2022
2024 filing year
$120M$140M$160M$180M$200M 202220232024 $127M $179M ▲ +41.1%
Year Plans Participants Total Assets
2022 3 1,342 $127M
2023 3 1,545 $152M
2024 3 1,667 $179M

Nearby Defined Benefit (Pension) Plans in Ohio

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

The Gorman-Rupp Company Retirement Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -505101520 Total assets ($B) Participants The Gorman-Rupp Company Retirement Plan, Total assets ($B): 0.056070738 · Participants: 231The Gorman-Rupp Company Retirement PlanGE Aerospace Pension Plan, Total assets ($B): 19.026079363 · Participants: 9637GE Aerospace Pension PlanFirstenergy Corp. Master Pension Plan, Total assets ($B): 6.474467697 · Participants: 12187Firstenergy Corp. Master Pension PlanAmerican Electric Power System Retirement Plan, Total assets ($B): 4.085797504 · Participants: 16073American Electric Power System Retirement PlanOhio Operating Engineers Pension Plan, Total assets ($B): 3.912834719 · Participants: 10387Ohio Operating Engineers Pension PlanParker Defined Benefit Pension Plan, Total assets ($B): 3.496388263 · Participants: 8120Parker Defined Benefit Pension Plan
The Gorman-Rupp Company Retirement Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants
Compare The Gorman-Rupp Company Retirement Plan side-by-side with 3 peers →

The Gorman-Rupp Company Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Ohio, the nearest Defined Benefit (Pension) by assets is Landmark Credit Union Defined Benefit Plan in WI ($56M); by covered participants it is Woodward Hrt Pension Plan in CO (231 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (231 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.

Frequently Asked Questions

How did The Gorman-Rupp Company Retirement Plan assets move in 2024? ▼
The Gorman-Rupp Company Retirement Plan edged up modestly - up 4.3% during 2024, from $54M to $56M. Reported net income was $2M.
How have The Gorman-Rupp Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The Gorman-Rupp Company's sponsor-wide assets grew 41.1%, from $127M to $179M.
Where does The Gorman-Rupp Company Retirement Plan rank by assets among Form 5500 filers? ▼
The Gorman-Rupp Company Retirement Plan ranks in the 85th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to The Gorman-Rupp Company Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Landmark Credit Union Defined Benefit Plan in WI ($56M, 444 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to The Gorman-Rupp Company Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Woodward Hrt Pension Plan in CO (231 participants, $150M in assets).

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 340253990.

Read our methodology - how this data is sourced, computed, and verified.

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