Defined Benefit (Pension) · DOL Form 5500 · 2024

Hubbell Inc., and Subsidiaries Pension Plan

Data updated 2026-07-24

$318M
Total assets
346
Participants
96th
Percentile by assets
$918,125
Avg per participant
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Official DOL plan name: Hubbell Incorporated Retirement Plan for Salaried and Hourly Employees · Sponsored by Hubbell Inc., and Subsidiaries · Connecticut · Manufacturing

$318M in assets, 346 participants

Hubbell Inc., and Subsidiaries's Hubbell Incorporated Retirement Plan for Salaried and Hourly Employees reported $318M in total assets and 346 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 116,472 plans)

Coverage in Connecticut

Hubbell Incorporated Retirement Plan for Salaried and Hourly Employees covers 346 participants in Connecticut, about 47% of the average Connecticut filer (state average ~740 per filing). Assets: $318M.

$318M
total plan assets (2024 EOY)
346
covered participants
96th
percentile by assets (of 116,472 plans)
$918,125
avg assets per participant

The plan reported a net loss of $10M 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 Incorporated Retirement Plan for Salaried and Hourly Employees reported net income fell from $21M in the plan year 2023 filing to -$10M in the plan year 2024 filing.
  • Hubbell Incorporated Retirement Plan for Salaried and Hourly Employees end-of-year assets fell from $328M in the plan year 2023 filing to $318M in the plan year 2024 filing.
  • Hubbell Incorporated Retirement Plan for Salaried and Hourly Employees reported participants fell from 357 in the plan year 2023 filing to 346 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs Connecticut filers

In Connecticut, the average filing covers about 740 participants across 1,756 plans. Hubbell Incorporated Retirement Plan for Salaried and Hourly Employees reports 346 participants - about 47% of that state average ($318M EOY assets).

Connecticut filing particulars

Total Assets (Beginning of Year)$328M
Net Assets (End of Year)$317M
Net Income-$10M
Employer EIN060397030
Plan Effective Date1972-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hubbell Inc., and Subsidiaries)

$1.4B$1.5B$1.6B$1.7B$1.8B 202220232024 $1.49B $1.75B â–˛ +17.4%
Total plan assets by year, all Hubbell Inc., and 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 Incorporated Retirement Plan for Salaried and Hourly Employees vs. nearby Defined Benefit (Pension) plans in Connecticut, assets vs. participants

Hubbell Incorporated Retirement Plan for Salaried and 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 Incorporated…Rtx Consolidated Pen…The Citigroup Pensio…Eversource Pension P…Retirement Plan for …The Hartford Retirem…
Hubbell Incorporated Retirement Plan for Salaried and 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 Incorporated Retirement Plan for Salaried and Hourly Employees by total assets, not by location.

Frequently Asked Questions

How did Hubbell Incorporated Retirement Plan for Salaried and Hourly Employees assets move in 2024?
Hubbell Incorporated Retirement Plan for Salaried and Hourly Employees edged down modestly - down 3.2% during 2024, from $328M to $318M. Reported net income was -$10M.
How have Hubbell Inc., and Subsidiaries plan assets changed over time?
Across 3 plan years on file (2022-2024), Hubbell Inc., and Subsidiaries's sponsor-wide assets grew 17.4%, from $1.5B to $1.7B.
Where does Hubbell Incorporated Retirement Plan for Salaried and Hourly Employees rank by assets among Form 5500 filers?
Hubbell Incorporated Retirement Plan for Salaried and Hourly Employees ranks in the 96th percentile by end-of-year assets among 116,472 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 Hubbell Incorporated Retirement Plan for Salaried and Hourly Employees?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Valley Health System Merged Defined Benefit Plan in VA ($318M, 1,340 participants).

Next read for Hubbell Incorporated Retirement Plan for…

Filing takeaways

Ways to act on Hubbell Incorporated Retirement Plan for Salaried and Hourly Employees's numbers.

  • By total assets, Hubbell Incorporated Retirement Plan for Salaried and Hourly Employees 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
  • Hubbell Inc., and 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.