Defined Benefit (Pension) · DOL Form 5500 · 2024
Barnes Group Inc. Pension Plan
Data updated 2026-08-11
- $295M
- Total assets
- 104
- Participants
- 96th
- Percentile by assets
- $2.8M
- Avg per participant
Official DOL plan name: Barnes Group Inc. Consolidated Pension Plan · Sponsored by Barnes Group Inc. · Connecticut · Manufacturing
$295M in assets, 104 participants
Barnes Group Inc.'s Barnes Group Inc. Consolidated Pension Plan reported $295M in total assets and 104 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 123,622 plans)
- #16,593 in Manufacturing (17,777 peers)
Coverage in Connecticut
Barnes Group Inc. Consolidated Pension Plan covers 104 participants in Connecticut, about 14% of the average Connecticut filer (state average ~718 per filing). Assets: $295M.
- $295M
- total plan assets (2024 EOY)
- 104
- covered participants
- 96th
- percentile by assets (of 123,622 plans)
- $2.8M
- avg assets per participant
The plan reported a net loss of $6M 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
- Barnes Group Inc. Consolidated Pension Plan reported net income fell from $9M in the plan year 2023 filing to -$6M in the plan year 2024 filing.
- Barnes Group Inc. Consolidated Pension Plan end-of-year assets rose from $226M in the plan year 2023 filing to $295M in the plan year 2024 filing.
- Barnes Group Inc. Consolidated Pension Plan reported participants fell from 125 in the plan year 2023 filing to 104 in the plan year 2024 filing.
Participants vs Connecticut filers
In Connecticut, the average filing covers about 718 participants across 1,906 plans. Barnes Group Inc. Consolidated Pension Plan reports 104 participants - about 14% of that state average ($295M EOY assets).
Connecticut filing particulars
| Total Assets (Beginning of Year) | $226M |
|---|---|
| Net Assets (End of Year) | $295M |
| Net Income | -$6M |
| Employer EIN | 060247840 |
| Plan Effective Date | 1950-12-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Barnes Group Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 7 | 2,050 | $618M |
| 2023 | 7 | 2,261 | $652M |
| 2024 | 5 | 237 | $300M |
Nearby Defined Benefit (Pension) Plans in Connecticut
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Barnes Group Inc. Consolidated Pension Plan vs. nearby Defined Benefit (Pension) plans in Connecticut, assets vs. participants
- Rtx Consolidated Pension Plan $41.6B · 36,180
- The Citigroup Pension Plan $10.0B · 15,906
- Eversource Pension Plan $5.8B · 3,428
- Retirement Plan for Employees of Aetna Inc. $5.2B · 9,682
- The Hartford Retirement Plan for U.S. Employees $3.4B · 7,034
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Barnes Group Inc. Consolidated Pension Plan by total assets, not by location.
- Plumbers & Steamfitters Local 21 Pension Fund (NY) $295M · 669
- I.B.E.W. Pacific Coast Pension Fund (WA) $295M · 738
- Plumbers Local No 98 Defined Benefit Pension Fund (MI) $296M · 814
- Employees Pension Plan of Credit Suisse (NY) $296M · 183
Frequently Asked Questions
How did Barnes Group Inc. Consolidated Pension Plan assets move in 2024? ▼
How have Barnes Group Inc. plan assets changed over time? ▼
Where does Barnes Group Inc. Consolidated Pension Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Barnes Group Inc. Consolidated Pension Plan? ▼
Next read for Barnes Group Inc. Consolidated Pension P…
Filing takeaways
Ways to act on Barnes Group Inc. Consolidated Pension Plan's numbers.
- By total assets, Barnes Group Inc. Consolidated 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 Connecticut. Compare plans
- Barnes Group Inc.'s sponsor-wide assets have declined 51.4% since 2022 across 3 plan years on file. More Manufacturing plans