Defined Benefit (Pension) · DOL Form 5500 · 2024
Kloeckner Metals Corporation Pension Plan
Data updated 2026-08-11
- $184M
- Total assets
- 415
- Participants
- 94th
- Percentile by assets
- $443,048
- Avg per participant
Official DOL plan name: Kloeckner Metals Defined Benefit Plan · Sponsored by Kloeckner Metals Corporation · Georgia · Manufacturing
$184M in assets, 415 participants
Kloeckner Metals Corporation's Kloeckner Metals Defined Benefit Plan reported $184M in total assets and 415 participants in its 2024 DOL Form 5500 filing, ranking in the 94th 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.
- 94th percentile by assets (of 123,622 plans)
- #16,139 in Manufacturing (17,777 peers)
Coverage in Georgia
Kloeckner Metals Defined Benefit Plan covers 415 participants in Georgia, about 38% of the average Georgia filer (state average ~1,096 per filing). Assets: $184M.
- $184M
- total plan assets (2024 EOY)
- 415
- covered participants
- 94th
- percentile by assets (of 123,622 plans)
- $443,048
- avg assets per participant
The plan reported a net loss of $13M 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
- Kloeckner Metals Defined Benefit Plan reported net income fell from $7M in the plan year 2023 filing to -$13M in the plan year 2024 filing.
- Kloeckner Metals Defined Benefit Plan end-of-year assets fell from $197M in the plan year 2023 filing to $184M in the plan year 2024 filing.
- Kloeckner Metals Defined Benefit Plan reported participants fell from 440 in the plan year 2023 filing to 415 in the plan year 2024 filing.
Participants vs Georgia filers
In Georgia, the average filing covers about 1,096 participants across 3,635 plans. Kloeckner Metals Defined Benefit Plan reports 415 participants - about 38% of that state average ($184M EOY assets).
Georgia filing particulars
| Total Assets (Beginning of Year) | $197M |
|---|---|
| Net Assets (End of Year) | $184M |
| Net Income | -$13M |
| Employer EIN | 382046626 |
| Plan Effective Date | 1972-04-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Kloeckner Metals Corporation)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 2,307 | $432M |
| 2023 | 2 | 495 | $214M |
| 2024 | 3 | 2,424 | $489M |
Nearby Defined Benefit (Pension) Plans in Georgia
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Kloeckner Metals Defined Benefit Plan vs. nearby Defined Benefit (Pension) plans in Georgia, assets vs. participants
- UPS Retirement Plan $21.2B · 43,465
- The Southern Company Pension Plan $15.3B · 25,843
- UPS/Ibt Full-Time Employee Pension Plan $12.2B · 69,627
- UPS Pension Plan $9.3B · 157,587
- Delta Retirement Plan $7.3B · 15,222
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Kloeckner Metals Defined Benefit Plan by total assets, not by location.
- Plumbers & Pipefitters Local Union No. 74 Pension Fund (PA) $184M · 491
- F.N.B. Corporation Retirement Income Plan (PA) $184M · 315
- Summa Health Retirement Income Plan and Trust (OH) $184M · 1,418
- Xcel Energy Inc. Non-Bargaining Pension Plan (South) (MN) $184M · 903
Frequently Asked Questions
How did Kloeckner Metals Defined Benefit Plan assets move in 2024? ▼
How have Kloeckner Metals Corporation plan assets changed over time? ▼
Where does Kloeckner Metals Defined Benefit Plan rank by assets among Form 5500 filers? ▼
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Next read for Kloeckner Metals Defined Benefit Plan
Filing takeaways
Ways to act on Kloeckner Metals Defined Benefit Plan's numbers.
- By total assets, Kloeckner Metals Defined Benefit Plan 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 Georgia. Compare plans
- Kloeckner Metals Corporation's sponsor-wide assets have grown 13.1% since 2022 across 3 plan years on file. More Manufacturing plans