Defined Benefit (Pension) · DOL Form 5500 · 2024

Hickory Springs Manufacturing Co Pension Plan

Data updated 2026-08-25

$62M
Total assets Below avg plan size
327
Participants Below avg headcount
86th
Percentile by assets National rank
$188,776
Avg per participant Above avg balance/head
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Official DOL plan name: Hickory Springs Retirement Plan · Sponsored by Hickory Springs Manufacturing Co · North Carolina · Manufacturing

$62M in assets, 327 participants

Hickory Springs Manufacturing Co's Hickory Springs Retirement Plan reported $62M in total assets and 327 participants in its 2024 DOL Form 5500 filing, ranking in the 86th 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.

  • #14,283 in Manufacturing (17,777 peers)

Coverage in North Carolina

Hickory Springs Retirement Plan covers 327 participants in North Carolina, about 40% of the average North Carolina filer (state average ~819 per filing). Assets: $62M.

#14,283
in Manufacturing (17,777 peers)
+1.1%
assets growth YoY
0.6×
vs typical plan assets (national mean)

Hickory Springs Retirement Plan's outsized position by total assets

Hickory Springs Retirement Plan vs every filed plan by assets

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

$61,729,845 Top 14% higher than 86% 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

Hickory Springs Retirement Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Hickory Springs Retirement Plan sits mid-pack in the medium band (327 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Hickory Springs Retirement Plan reported net income rose from -$66M in the plan year 2023 filing to $694K in the plan year 2024 filing.
  • Hickory Springs Retirement Plan reported participants fell from 359 in the plan year 2023 filing to 327 in the plan year 2024 filing.
  • Hickory Springs Retirement Plan end-of-year assets rose from $61M in the plan year 2023 filing to $62M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 560494395 · Hickory Springs Manufacturing Co PY 2024 · Defined Benefit (Pension)

Hickory Springs Retirement Plan · $62M · 327 · 86th

  • NET $62M
  • NET 327
  • NET 86th
  • NET Defined Benefit (Pension)
  • NET near The Woodbridge Group U.S. Salaried Employees' Pension Plan
  • NET ind #14283

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 North Carolina →

Hickory Springs Retirement Plan in the asset neighbourhood

Century Aluminum Sebree Hourly Pension PlanCentury Aluminum Sebree Hour…$62MAmerican Legion Retirement Plan for Employees of the National Headquarters & Subordinate Groups ThereofAmerican Legion Retirement P…$62MThe Woodbridge Group U.S. Salaried Employees' Pension PlanThe Woodbridge Group U.S. Sa…$62MHickory Springs Retirement PlanHickory Springs Retirement P…$62MEmployees' Retirement Plan of American Kennel ClubEmployees' Retirement Plan o…$62M
End-of-year total assets ($M) among Hickory Springs Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

North Carolina filing particulars

Total Assets (Beginning of Year)$61M
Net Assets (End of Year)$62M
Net Income$694K
Employer EIN560494395
Plan Effective Date1970-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hickory Springs Manufacturing Co)

Sponsor-wide plan assets over time

All Hickory Springs Manufacturing Co plans reported in each filing year

Latest sponsor-wide plan assets
$137M 28.162835370495433% vs 2022
2024 filing year
$120M$140M$160M$180M$200M 202220232024 $190M $137M ▼ -28.2%
Year Plans Participants Total Assets
2022 2 2,720 $190M
2023 2 2,524 $132M
2024 2 2,254 $137M

Nearby Defined Benefit (Pension) Plans in North Carolina

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

Hickory Springs Retirement Plan vs. nearby Defined Benefit (Pension) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -1000001000020000300004000050000 -505101520 Total assets ($B) Participants Hickory Springs Retirement Plan, Total assets ($B): 0.061729845 · Participants: 327Hickory Springs Retirement PlanHoneywell Retirement Earnings Plan, Total assets ($B): 16.577892612 · Participants: 9923Honeywell Retirement Earnings PlanTruist Financial Corporation Pension Plan, Total assets ($B): 14.698665729 · Participants: 38548Truist Financial Corporation Pension PlanDuke Energy Retirement Cash Balance Plan, Total assets ($B): 4.678 · Participants: 13576Duke Energy Retirement Cash Balance PlanEmployees' Retirement Plan of Duke University, Total assets ($B): 2.784844379 · Participants: 22655Employees' Retirement Plan of Duke UniversityThe Hearst Corporation Retirement Plan, Total assets ($B): 2.397551709 · Participants: 1745The Hearst Corporation Retirement Plan
Hickory Springs Retirement Plan vs. nearby Defined Benefit (Pension) plans in North Carolina, assets vs. participants

Hickory Springs Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside North Carolina, the nearest Defined Benefit (Pension) by assets is The Woodbridge Group U.S. Salaried Employees' Pension Plan in MI ($62M); by covered participants it is Iubac - Local Union Officers & Employees Pension Plan in DC (327 participants). Same-state nearby plans are listed separately above.

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 Hickory Springs Retirement Plan assets move in 2024?
Hickory Springs Retirement Plan edged up modestly - up 1.1% during 2024, from $61M to $62M. Reported net income was $694K.
How have Hickory Springs Manufacturing Co plan assets changed over time?
Across 3 plan years on file (2022-2024), Hickory Springs Manufacturing Co's sponsor-wide assets declined 28.2%, from $190M to $137M.
Where does Hickory Springs Retirement Plan rank by assets among Form 5500 filers?
Hickory Springs Retirement Plan ranks in the 86th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Hickory Springs Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is The Woodbridge Group U.S. Salaried Employees' Pension Plan in MI ($62M, 177 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Hickory Springs Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Iubac - Local Union Officers & Employees Pension Plan in DC (327 participants, $147M in assets).