Defined Benefit (Pension) · DOL Form 5500 · 2024

New Castle Stainless Plate, LLC Pension Plan

Data updated 2026-08-11

$15M
Total assets
42
Participants
64th
Percentile by assets
$346,303
Avg per participant
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Official DOL plan name: New Castle Stainless Plate, LLC. Wage Retirement Income Plan for Members of UAW Local 729 · Sponsored by New Castle Stainless Plate, LLC · Indiana · Manufacturing

$15M in assets, 42 participants

New Castle Stainless Plate, LLC's New Castle Stainless Plate, LLC. Wage Retirement Income Plan for Members of UAW Local 729 reported $15M in total assets and 42 participants in its 2024 DOL Form 5500 filing, ranking in the 64th 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.

  • 64th percentile by assets (of 123,622 plans)
  • #9,167 in Manufacturing (17,777 peers)

What the 2024 filing shows

New Castle Stainless Plate, LLC. Wage Retirement Income Plan for Members of UAW Local 729 holds $15M for 42 participants - about $346,303 per participant, above the median plan by assets.

$15M
total plan assets (2024 EOY)
42
covered participants
64th
percentile by assets (of 123,622 plans)
$346,303
avg assets per participant

The plan reported a net loss of $378K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where New Castle Stainless Plate, LLC. Wage Retirement Income Plan for Members of UAW Local 729 sits by total assets

New Castle Stainless Plate, LLC. Wage Retirement Income Plan for Members of UAW Local 729 vs every filed plan by assets

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

$14,544,710 Top 36% higher than 64% of 123,620 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • New Castle Stainless Plate, LLC. Wage Retirement Income Plan for Members of UAW Local 729 reported net income fell from $406K in the plan year 2023 filing to -$378K in the plan year 2024 filing.
  • New Castle Stainless Plate, LLC. Wage Retirement Income Plan for Members of UAW Local 729 reported participants fell from 46 in the plan year 2023 filing to 42 in the plan year 2024 filing.
  • New Castle Stainless Plate, LLC. Wage Retirement Income Plan for Members of UAW Local 729 end-of-year assets fell from $15M in the plan year 2023 filing to $15M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Defined Benefit (Pension) filing for New Castle Stainless Plate, LLC. Wage Retirement Income Plan for Members of UAW Local 729

Defined Benefit (Pension) filing for plan year 2024: EIN 351580158 ; effective since 1950-10-01 ; filing status FILING RECEIVED. Verify the certified figures on DOL EFAST2.

Filing particulars (2024)

Total Assets (Beginning of Year)$15M
Net Assets (End of Year)$15M
Net Income-$378K
Employer EIN351580158
Plan Effective Date1950-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (New Castle Stainless Plate, LLC)

$35M$36M$37M$38M$39M$40M 202220232024 $36M $38.1M ▲ +6.1%
Total plan assets by year, all New Castle Stainless Plate, LLC plans on file
Year Plans Participants Total Assets
2022 3 131 $36M
2023 3 129 $39M
2024 3 124 $38M

Nearby Defined Benefit (Pension) Plans in Indiana

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

New Castle Stainless Plate, LLC. Wage Retirement Income Plan for Members of UAW Local 729 vs. nearby Defined Benefit (Pension) plans in Indiana, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -5051015 Total assets ($B) Participants New Castle Stainless…, Total assets ($B): 0.01454471 · Participants: 42New Castle Stainless…The Lilly Retirement…, Total assets ($B): 11.79293888 · Participants: 19897The Lilly Retirement…Cummins Pension Plan, Total assets ($B): 3.225499056 · Participants: 30640Cummins Pension PlanIndiana Laborers Pen…, Total assets ($B): 1.815373164 · Participants: 11039Indiana Laborers Pen…Elevance Health Cash…, Total assets ($B): 1.237231976 · Participants: 7552Elevance Health Cash…Nisource Pension Plan, Total assets ($B): 1.003483487 · Participants: 2133Nisource Pension Plan
New Castle Stainless Plate, LLC. Wage Retirement Income Plan for Members of UAW Local 729 vs. nearby Defined Benefit (Pension) plans in Indiana, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to New Castle Stainless Plate, LLC. Wage Retirement Income Plan for Members of UAW Local 729 by total assets, not by location.

Frequently Asked Questions

How did New Castle Stainless Plate, LLC. Wage Retirement Income Plan for Members of UAW Local 729 assets move in 2024?
New Castle Stainless Plate, LLC. Wage Retirement Income Plan for Members of UAW Local 729 edged down modestly - down 2.5% during 2024, from $15M to $15M. Reported net income was -$378K.
How have New Castle Stainless Plate, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), New Castle Stainless Plate, LLC's sponsor-wide assets grew 6.1%, from $36M to $38M.
Which Defined Benefit (Pension) plans are similar in size to New Castle Stainless Plate, LLC. Wage Retirement Income Plan for Members of UAW Local 729?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Local 177 Union Pension Plan in NJ ($15M, 17 participants).

Next read for New Castle Stainless Plate, LLC. Wage Re…

Filing takeaways

Ways to act on New Castle Stainless Plate, LLC. Wage Retirement Income Plan for Members of UAW Local 729's numbers.

  • By total assets, New Castle Stainless Plate, LLC. Wage Retirement Income Plan for Members of UAW Local 729 ranks above the median plan by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Indiana. Compare plans
  • New Castle Stainless Plate, LLC's sponsor-wide assets have grown 6.1% since 2022 across 3 plan years on file. More Manufacturing plans