Defined Benefit (Pension) · DOL Form 5500 · 2024

Smiths Group Services Corporation Pension Plan

Data updated 2026-08-11

$236M
Total assets
535
Participants
95th
Percentile by assets
$441,838
Avg per participant
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Official DOL plan name: Smiths Group Pension Plan · Sponsored by Smiths Group Services Corporation · District of Columbia · Manufacturing

$236M in assets, 535 participants

Smiths Group Services Corporation's Smiths Group Pension Plan reported $236M in total assets and 535 participants in its 2024 DOL Form 5500 filing, ranking in the 95th 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.

  • 95th percentile by assets (of 123,622 plans)
  • #16,386 in Manufacturing (17,777 peers)

Coverage in District of Columbia

Smiths Group Pension Plan covers 535 participants in District of Columbia, about 37% of the average District of Columbia filer (state average ~1,456 per filing). Assets: $236M.

$236M
total plan assets (2024 EOY)
535
covered participants
95th
percentile by assets (of 123,622 plans)
$441,838
avg assets per participant

The plan reported a net loss of $22M 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

  • Smiths Group Pension Plan reported net income fell from $18M in the plan year 2023 filing to -$22M in the plan year 2024 filing.
  • Smiths Group Pension Plan reported participants fell from 587 in the plan year 2023 filing to 535 in the plan year 2024 filing.
  • Smiths Group Pension Plan end-of-year assets fell from $258M in the plan year 2023 filing to $236M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Participants vs District of Columbia filers

In District of Columbia, the average filing covers about 1,456 participants across 881 plans. Smiths Group Pension Plan reports 535 participants - about 37% of that state average ($236M EOY assets).

District of Columbia filing particulars

Total Assets (Beginning of Year)$258M
Net Assets (End of Year)$236M
Net Income-$22M
Employer EIN223015350
Plan Effective Date1970-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Smiths Group Services Corporation)

$1B$1.1B$1.2B$1.3B 202220232024 $1.06B $1.24B ▲ +17.0%
Total plan assets by year, all Smiths Group Services Corporation plans on file
Year Plans Participants Total Assets
2022 2 6,607 $1.1B
2023 2 5,969 $1.2B
2024 2 5,085 $1.2B

Nearby Defined Benefit (Pension) Plans in District of Columbia

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

Smiths Group Pension Plan vs. nearby Defined Benefit (Pension) plans in District of Columbia, assets vs. participants

Smiths Group Pension Plan vs. nearby Defined Benefit (Pension) plans in District of Columbia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -100102030 Total assets ($B) Participants Smiths Group Pension…Central Pension Fund…Iam National Pension…United Mine Workers …Liuna Staff and Affi…Bricklayers & Trowel…
Smiths Group Pension Plan vs. nearby Defined Benefit (Pension) plans in District of Columbia, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

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

Frequently Asked Questions

How did Smiths Group Pension Plan assets move in 2024?
Smiths Group Pension Plan pulled back noticeably - down 8.5% during 2024, from $258M to $236M. Reported net income was -$22M.
How have Smiths Group Services Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Smiths Group Services Corporation's sponsor-wide assets grew 16.4%, from $1.1B to $1.2B.
Where does Smiths Group Pension Plan rank by assets among Form 5500 filers?
Smiths Group Pension Plan ranks in the 95th percentile by end-of-year assets among 123,622 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 Smiths Group Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Electrician's Retirement Fund in NY ($236M, 835 participants).

Filing takeaways

Ways to act on Smiths Group Pension Plan's numbers.

  • By total assets, Smiths Group 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 District of Columbia. Compare plans
  • Smiths Group Services Corporation's sponsor-wide assets have grown 16.4% since 2022 across 3 plan years on file. More Manufacturing plans