Defined Benefit (Pension) · DOL Form 5500 · 2024

Ohio Aluminum Industries, Inc. Pension Plan

Data updated 2026-07-24

$7M
Total assets: 120
Participants: 48th
Percentile by assets: $57,223
Avg per participant

Official DOL plan name: Ohio Aluminum Industries, Inc. Union Employees Defined Benefit Pension Plan · Sponsored by Ohio Aluminum Industries, Inc. · Ohio · Manufacturing

$7M in assets, 120 participants

Ohio Aluminum Industries, Inc.'s Ohio Aluminum Industries, Inc. Union Employees Defined Benefit Pension Plan reported $7M in total assets and 120 participants in its 2024 DOL Form 5500 filing, ranking in the 48th 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.

48th percentile by assets (of 116,472 plans)

Coverage in Ohio

Ohio Aluminum Industries, Inc. Union Employees Defined Benefit Pension Plan covers 120 participants in Ohio, about 15% of the average Ohio filer (state average ~787 per filing). Assets: $7M.

$7M
total plan assets (2024 EOY): 120
covered participants: 48th
percentile by assets (of 116,472 plans): $57,223
avg assets per participant

The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Ohio Aluminum Industries, Inc. Union Employees Defined Benefit Pension Plan reported net income fell from $648K in the plan year 2023 filing to -$4M in the plan year 2024 filing.
Ohio Aluminum Industries, Inc. Union Employees Defined Benefit Pension Plan end-of-year assets fell from $11M in the plan year 2023 filing to $7M in the plan year 2024 filing.
Ohio Aluminum Industries, Inc. Union Employees Defined Benefit Pension Plan reported participants fell from 125 in the plan year 2023 filing to 120 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Ohio

Industry

Manufacturing

Participants vs Ohio filers

In Ohio, the average filing covers about 787 participants across 4,840 plans. Ohio Aluminum Industries, Inc. Union Employees Defined Benefit Pension Plan reports 120 participants - about 15% of that state average ($7M EOY assets).

Ohio filing particulars

Total Assets (Beginning of Year)	$11M
Net Assets (End of Year)	$7M
Net Income	-$4M
Employer EIN	341052514
Plan Effective Date	1981-11-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Ohio Aluminum Industries, Inc.)

Total plan assets by year, all Ohio Aluminum Industries, Inc. plans on file

Year	Plans	Participants	Total Assets
2022	1	107	$11M
2023	1	125	$11M
2024	1	120	$7M

Nearby Defined Benefit (Pension) Plans in Ohio

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

Ohio Aluminum Industries, Inc. Union Employees Defined Benefit Pension Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants

GE Aerospace Pension Plan $19.0B · 9,637
Firstenergy Corp. Master Pension Plan $6.5B · 12,187
American Electric Power System Retirement Plan $4.1B · 16,073
Parker Defined Benefit Pension Plan $3.5B · 8,120
Nationwide Retirement Plan - Final Average Pay $3.5B · 5,058

Compare Ohio Aluminum Industries, Inc. Union Emp… side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Ohio Aluminum Industries, Inc. Union Employees Defined Benefit Pension Plan by total assets, not by location.

Bally North America, Inc. Pension Plan (CA) $7M · 2
Transtar, LLC Pension Plan (PA) $7M · 172
Medical Extrusion Technologies, Inc. Defined Benefit Plan (CA) $7M · 103
H&n Group, Inc. Defined Benefit Pension Plan (CA) $7M · 38

Frequently Asked Questions

How did Ohio Aluminum Industries, Inc. Union Employees Defined Benefit Pension Plan assets move in 2024? ▼

Ohio Aluminum Industries, Inc. Union Employees Defined Benefit Pension Plan contracted severely - down 38.9% during 2024, from $11M to $7M. Reported net income was -$4M.

How have Ohio Aluminum Industries, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Ohio Aluminum Industries, Inc.'s sponsor-wide assets declined 35.1%, from $11M to $7M.

Which Defined Benefit (Pension) plans are similar in size to Ohio Aluminum Industries, Inc. Union Employees Defined Benefit Pension Plan? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is Bally North America, Inc. Pension Plan in CA ($7M, 2 participants).

Next read for Ohio Aluminum Industries, Inc. Union Emp…

Filing takeaways

Ways to act on Ohio Aluminum Industries, Inc. Union Employees Defined Benefit Pension Plan's numbers.

By total assets, Ohio Aluminum Industries, Inc. Union Employees Defined Benefit Pension Plan ranks in the lower half of filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Ohio. Compare plans
Ohio Aluminum Industries, Inc.'s sponsor-wide assets have declined 35.1% 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 341052514.

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.