Defined Benefit (Pension) · DOL Form 5500 · 2024

Barnes Group Inc. Pension Plan

Data updated 2026-08-25

$5M
Total assets Small plan by assets
N/A
Participants Small participant base
43rd
Percentile by assets National rank
PlainRetire home → About this data RSS: change history

Official DOL plan name: Kar Products Retirement Income Plan · Sponsored by Barnes Group Inc. · Connecticut · Manufacturing

$5M in assets, N/A participants

Barnes Group Inc.'s Kar Products Retirement Income Plan reported $5M in total assets and N/A participants in its 2024 DOL Form 5500 filing, ranking in the 43rd 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.

  • #4,579 in Manufacturing (17,777 peers)

Barnes Group Inc. multi-year trail

Barnes Group Inc.'s plans moved -51.4% in assets from 2022 to 2024; this filing shows Kar Products Retirement Income Plan at $5M / N/A participants.

#4,579
in Manufacturing (17,777 peers)
-7.6%
assets change YoY

The plan reported a net loss of $436K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Kar Products Retirement Income Plan's mid-pack asset rank among Manufacturing and all filers

Kar Products Retirement Income Plan vs every filed plan by assets

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

$5,189,302 43rd percentile higher than 43% 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

Filed plans by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Kar Products Retirement Income Plan reported net income fell from -$145K in the plan year 2023 filing to -$436K in the plan year 2024 filing.
  • Kar Products Retirement Income Plan end-of-year assets fell from $6M in the plan year 2023 filing to $5M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 060247840 · Barnes Group Inc. PY 2024 · Defined Benefit (Pension)

Kar Products Retirement Income Plan · $5M · N/A · 43rd

  • PHOTO $5M
  • PHOTO N/A
  • PHOTO 43rd
  • PHOTO Defined Benefit (Pension)
  • PHOTO near Air Express International USA, Inc. Chicago Clerical Employees
  • PHOTO ind #4579

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 Connecticut →

Kar Products Retirement Income Plan in the asset neighbourhood

Kar Products Retirement Income PlanKar Products Retirement Inco…$5MAir Express International USA, Inc. Chicago Clerical EmployeesAir Express International US…$5MC & C Jewelry, Mfg., Inc. Defined Benefit Pension PlanC & C Jewelry, Mfg., Inc. De…$5MPension Plan for Union Employees of Johanna Foods, Inc., Lacto Milk Products DivisionPension Plan for Union Emplo…$5MSolov and Teitell, a Professional Corporation Pension PlanSolov and Teitell, a Profess…$5M
End-of-year total assets ($M) among Kar Products Retirement Income Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Barnes Group Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Barnes Group Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$300M 51.41966266463092% vs 2022
2024 filing year
$200M$400M$600M$800M 202220232024 $618M $300M ▼ -51.4%
Year Plans Participants Total Assets
2022 7 2,050 $618M
2023 7 2,261 $652M
2024 5 237 $300M

Barnes Group Inc. filing trail (2024)

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$5M
Net Income-$436K
Employer EIN060247840
Plan Effective Date1964-05-01
Filing StatusFILING RECEIVED

Nearby Defined Benefit (Pension) Plans in Connecticut

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

Kar Products Retirement Income Plan vs. nearby Defined Benefit (Pension) plans in Connecticut, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -1001020304050 Total assets ($B) Participants Kar Products Retirement Income Plan, Total assets ($B): 0.005189302 · Participants: 0Kar Products Retirement Income PlanRtx Consolidated Pension Plan, Total assets ($B): 41.643558189 · Participants: 36180Rtx Consolidated Pension PlanThe Citigroup Pension Plan, Total assets ($B): 9.993084827 · Participants: 15906The Citigroup Pension PlanEversource Pension Plan, Total assets ($B): 5.763055773 · Participants: 3428Eversource Pension PlanRetirement Plan for Employees of Aetna Inc., Total assets ($B): 5.242514983 · Participants: 9682Retirement Plan for Employees of Aetna Inc.The Hartford Retirement Plan for U.S. Employees, Total assets ($B): 3.395288837 · Participants: 7034The Hartford Retirement Plan for U.S. Employees
Kar Products Retirement Income Plan vs. nearby Defined Benefit (Pension) plans in Connecticut, assets vs. participants

Kar Products Retirement Income Plan's closest out-of-state Defined Benefit (Pension) peers by assets

Outside Connecticut, the nearest Defined Benefit (Pension) by end-of-year assets is Air Express International USA, Inc. Chicago Clerical Employees in FL at $5M (this filing: $5M).

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 Kar Products Retirement Income Plan assets move in 2024?
Kar Products Retirement Income Plan pulled back noticeably - down 7.6% during 2024, from $6M to $5M. Reported net income was -$436K.
How have Barnes Group Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Barnes Group Inc.'s sponsor-wide assets declined 51.4%, from $618M to $300M.
Which Defined Benefit (Pension) plans are similar in size to Kar Products Retirement Income Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Air Express International USA, Inc. Chicago Clerical Employees in FL ($5M, 5 participants).