Defined Benefit (Pension) · DOL Form 5500 · 2024

Hubbell Inc. & Subsidiaries Pension Plan

Data updated 2026-07-24

$130M
Total assets
610
Participants
92nd
Percentile by assets
$212,702
Avg per participant
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Official DOL plan name: Hubbell Pension Plan F/K/a Hubbell Inc. for Collectively Bargained Hourly Employees · Sponsored by Hubbell Inc. & Subsidiaries · Connecticut · Manufacturing

$130M in assets, 610 participants

Hubbell Inc. & Subsidiaries's Hubbell Pension Plan F/K/a Hubbell Inc. for Collectively Bargained Hourly Employees reported $130M in total assets and 610 participants in its 2024 DOL Form 5500 filing, ranking in the 92nd 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.

  • 92nd percentile by assets (of 116,472 plans)

Where Hubbell Pension Plan F/K/a Hubbell Inc. for Collectively Bargained Hourly Employees sits by assets

Hubbell Pension Plan F/K/a Hubbell Inc. for Collectively Bargained Hourly Employees sits in the top 10% of all filed plans by assets, $130M for 610 participants (~$212,702/participant), down 6.0% in 2024.

$130M
total plan assets (2024 EOY)
610
covered participants
92nd
percentile by assets (of 116,472 plans)
$212,702
avg assets per participant

The plan reported a net loss of $8M 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

  • Hubbell Pension Plan F/K/a Hubbell Inc. for Collectively Bargained Hourly Employees reported net income fell from $5M in the plan year 2023 filing to -$8M in the plan year 2024 filing.
  • Hubbell Pension Plan F/K/a Hubbell Inc. for Collectively Bargained Hourly Employees reported participants fell from 694 in the plan year 2023 filing to 610 in the plan year 2024 filing.
  • Hubbell Pension Plan F/K/a Hubbell Inc. for Collectively Bargained Hourly Employees end-of-year assets fell from $138M in the plan year 2023 filing to $130M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Hubbell Pension Plan F/K/a Hubbell Inc. for Collectively Bargained Hourly Employees vs the 2024 asset distribution

By assets, Hubbell Pension Plan F/K/a Hubbell Inc. for Collectively Bargained Hourly Employees outranks 92% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.3x the national average plan size of $100M (730 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$138M
Net Assets (End of Year)$130M
Net Income-$8M
Employer EIN060397030
Plan Effective Date1959-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hubbell Inc. & Subsidiaries)

$1.4B$1.5B$1.6B$1.7B$1.8B 202220232024 $1.49B $1.75B ▲ +17.4%
Total plan assets by year, all Hubbell Inc. & Subsidiaries plans on file
Year Plans Participants Total Assets
2022 4 11,361 $1.5B
2023 4 10,580 $1.7B
2024 4 11,525 $1.7B

Nearby Defined Benefit (Pension) Plans in Connecticut

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

Hubbell Pension Plan F/K/a Hubbell Inc. for Collectively Bargained Hourly Employees vs. nearby Defined Benefit (Pension) plans in Connecticut, assets vs. participants

Hubbell Pension Plan F/K/a Hubbell Inc. for Collectively Bargained Hourly Employees vs. nearby Defined Benefit (Pension) plans in Connecticut, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -1001020304050 Total assets ($B) Participants Hubbell Pension Plan…Rtx Consolidated Pen…The Citigroup Pensio…Eversource Pension P…Retirement Plan for …The Hartford Retirem…
Hubbell Pension Plan F/K/a Hubbell Inc. for Collectively Bargained Hourly Employees vs. nearby Defined Benefit (Pension) plans in Connecticut, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Hubbell Pension Plan F/K/a Hubbell Inc. for Collectively Bargained Hourly Employees by total assets, not by location.

Frequently Asked Questions

How did Hubbell Pension Plan F/K/a Hubbell Inc. for Collectively Bargained Hourly Employees assets move in 2024?
Hubbell Pension Plan F/K/a Hubbell Inc. for Collectively Bargained Hourly Employees pulled back noticeably - down 6.0% during 2024, from $138M to $130M. Reported net income was -$8M.
How have Hubbell Inc. & Subsidiaries plan assets changed over time?
Across 3 plan years on file (2022-2024), Hubbell Inc. & Subsidiaries's sponsor-wide assets grew 17.4%, from $1.5B to $1.7B.
Where does Hubbell Pension Plan F/K/a Hubbell Inc. for Collectively Bargained Hourly Employees rank by assets among Form 5500 filers?
Hubbell Pension Plan F/K/a Hubbell Inc. for Collectively Bargained Hourly Employees ranks in the 92nd percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Hubbell Pension Plan F/K/a Hubbell Inc. for Collectively Bargained Hourly Employees?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Ti Group Automotive Systems Retirement Plan in MI ($130M, 292 participants).

Next read for Hubbell Pension Plan F/K/a Hubbell Inc. …

Scale reading

Ways to act on Hubbell Pension Plan F/K/a Hubbell Inc. for Collectively Bargained Hourly Employees's numbers.

  • By total assets, Hubbell Pension Plan F/K/a Hubbell Inc. for Collectively Bargained Hourly Employees ranks in the top 10% 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
  • Hubbell Inc. & Subsidiaries's sponsor-wide assets have grown 17.4% 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 060397030.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.