Defined Benefit (Pension) · DOL Form 5500 · 2024

Flowserve Corporation Pension Plan

Data updated 2026-08-06

$362M
Total assets
4,630
Participants
96th
Percentile by assets
$78,288
Avg per participant
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Official DOL plan name: Flowserve Corporation Pension Plan · Sponsored by Flowserve Corporation · Texas · Manufacturing

$362M in assets, 4,630 participants

Flowserve Corporation's Flowserve Corporation Pension Plan reported $362M in total assets and 4,630 participants in its 2024 DOL Form 5500 filing, ranking in the 96th 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.

  • 96th percentile by assets (of 116,472 plans)

Coverage in Texas

Flowserve Corporation Pension Plan covers 4,630 participants in Texas, 6.6x the typical Texas plan (state average ~704 per filing). Assets: $362M.

$362M
total plan assets (2024 EOY)
4,630
covered participants
96th
percentile by assets (of 116,472 plans)
$78,288
avg assets per participant

The plan reported a net loss of $19M 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

  • Flowserve Corporation Pension Plan reported net income fell from $14M in the plan year 2023 filing to -$19M in the plan year 2024 filing.
  • Flowserve Corporation Pension Plan end-of-year assets fell from $381M in the plan year 2023 filing to $362M in the plan year 2024 filing.
  • Flowserve Corporation Pension Plan reported participants rose from 4,514 in the plan year 2023 filing to 4,630 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs Texas filers

In Texas, the average filing covers about 704 participants across 9,718 plans. Flowserve Corporation Pension Plan reports 4,630 participants - 6.6x that state average ($362M EOY assets).

Texas filing particulars

Total Assets (Beginning of Year)$381M
Net Assets (End of Year)$362M
Net Income-$19M
Employer EIN310267900
Plan Effective Date1950-12-31
Filing StatusFILING RECEIVED

Sponsor Plan History (Flowserve Corporation)

$1.3B$1.4B$1.5B$1.6B 202220232024 $1.36B $1.55B ▲ +14.0%
Total plan assets by year, all Flowserve Corporation plans on file
Year Plans Participants Total Assets
2022 2 8,513 $1.4B
2023 2 9,080 $1.5B
2024 2 9,306 $1.5B

Nearby Defined Benefit (Pension) Plans in Texas

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

Flowserve Corporation Pension Plan vs. nearby Defined Benefit (Pension) plans in Texas, assets vs. participants

Flowserve Corporation Pension Plan vs. nearby Defined Benefit (Pension) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -100102030 Total assets ($B) Participants Flowserve Corporatio…AT&T Pension Benefit…Exxonmobil Pension P…Chevron Retirement P…Shell Pension PlanCaterpillar Inc. Ret…
Flowserve Corporation Pension Plan vs. nearby Defined Benefit (Pension) plans in Texas, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Flowserve Corporation Pension Plan by total assets, not by location.

Frequently Asked Questions

How did Flowserve Corporation Pension Plan assets move in 2024?
Flowserve Corporation Pension Plan edged down modestly - down 4.9% during 2024, from $381M to $362M. Reported net income was -$19M.
How have Flowserve Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Flowserve Corporation's sponsor-wide assets grew 14.1%, from $1.4B to $1.5B.
Where does Flowserve Corporation Pension Plan rank by assets among Form 5500 filers?
Flowserve Corporation Pension Plan ranks in the 96th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Flowserve Corporation Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Foot Locker Retirement Plan in NY ($363M, 3,486 participants).

Next read for Flowserve Corporation Pension Plan

Filing takeaways

Ways to act on Flowserve Corporation Pension Plan's numbers.

  • By total assets, Flowserve Corporation Pension Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Texas. Compare plans
  • Flowserve Corporation's sponsor-wide assets have grown 14.1% 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 310267900.

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