GREER RETIREMENT PLAN
ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.
GREER INDUSTRIES, INC.
This Defined Benefit (Pension) plan holds $44M in total assets and serves 157 participants as of 2024. It is sponsored by GREER INDUSTRIES, INC. in West Virginia. The plan reported a net loss of $14M for the year.
What the Filing Says About GREER RETIREMENT PLAN
GREER RETIREMENT PLAN is a Defined Benefit (Pension) retirement plan sponsored by GREER INDUSTRIES, INC., headquartered in West Virginia. As of the 2024 Form 5500 filing, the plan reports $44M in total end-of-year assets and covers 157 participants across the Management of Enterprises industry. The sponsor's EIN on file with the U.S. Department of Labor is 340737241, and the plan has been effective since 1976-12-01. Its filing status is currently FILING RECEIVED.
Year over year, total assets moved from $58M at the beginning of 2024 to $44M at year-end — a decline of 24.4%. Net assets (after liabilities) closed the year at $43M, with reported net income of $-14,084,523 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.
Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.
Financial Summary (2023)
| Total Assets (Beginning of Year) | $58M |
| Total Assets (End of Year) | $44M |
| Net Assets (End of Year) | $43M |
| Net Income | $-14,084,523 |
| Plan Type | Defined Benefit (Pension) |
| Employer EIN | 340737241 |
| Plan Effective Date | 1976-12-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (GREER INDUSTRIES, INC.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 841 | $93M |
| 2023 | 2 | 824 | $103M |
| 2024 | 2 | 847 | $95M |
Nearby Defined Benefit (Pension) Plans in West Virginia
Peer Defined Benefit (Pension) plans — same state, same plan type — ranked by total assets.
- UNITED MINE WORKERS OF AMERICA 1985 CONSTRUCTION WORKERS PENSION PLAN $447M · 234
- MARYLAND ELECTRICAL INDUSTRY PENSION PLAN $268M · 1,667
- HOPE GAS PENSION PLAN $207M · 269
- CABELL HUNTINGTON HOSPITAL, INC. NON-UNION EMPLOYEES' RETIREMENT PLAN $184M · 349
- WESBANCO, INC. DEFINED BENEFIT PENSION PLAN $183M · 293
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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 340737241.
Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.
Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.
Read our methodology — how this data is sourced, computed, and verified.