Defined Benefit (Pension) · DOL Form 5500 · 2024

Libbey Glass LLC Pension Plan

Data updated 2026-08-25

$56M
Total assets Below avg plan size
113
Participants Small participant base
85th
Percentile by assets National rank
$491,850
Avg per participant High balance/head
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Official DOL plan name: Libbey Salaried Cash Balance Pension Plan · Sponsored by Libbey Glass LLC · Ohio · Manufacturing

$56M in assets, 113 participants

Libbey Glass LLC's Libbey Salaried Cash Balance Pension Plan reported $56M in total assets and 113 participants in its 2024 DOL Form 5500 filing, ranking in the 85th 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.

  • #14,050 in Manufacturing (17,777 peers)

Coverage in Ohio

Libbey Salaried Cash Balance Pension Plan covers 113 participants in Ohio, about 15% of the average Ohio filer (state average ~765 per filing). Assets: $56M.

#14,050
in Manufacturing (17,777 peers)
-7.2%
assets change YoY
0.6×
vs typical plan assets (national mean)

The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Libbey Salaried Cash Balance Pension Plan's outsized position by total assets

Libbey Salaried Cash Balance Pension Plan vs every filed plan by assets

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

$55,578,998 Top 15% higher than 85% 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

Libbey Salaried Cash Balance Pension 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. Libbey Salaried Cash Balance Pension Plan sits mid-pack in the medium band (113 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Libbey Salaried Cash Balance Pension Plan reported net income fell from -$3M in the plan year 2023 filing to -$4M in the plan year 2024 filing.
  • Libbey Salaried Cash Balance Pension Plan end-of-year assets fell from $60M in the plan year 2023 filing to $56M in the plan year 2024 filing.
  • Libbey Salaried Cash Balance Pension Plan reported participants fell from 120 in the plan year 2023 filing to 113 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 222784107 · Libbey Glass LLC PY 2024 · Defined Benefit (Pension)

Libbey Salaried Cash Balance Pension Plan · $56M · 113 · 85th

  • TYPE $56M
  • TYPE 113
  • TYPE 85th
  • TYPE Defined Benefit (Pension)
  • TYPE near Blaze Credit Union Defined Benefit Plan and Trust
  • TYPE ind #14050

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 Ohio →

Libbey Salaried Cash Balance Pension Plan in the asset neighbourhood

First United Corporation Pension PlanFirst United Corporation Pen…$56MBlaze Credit Union Defined Benefit Plan and TrustBlaze Credit Union Defined B…$56MSumitomo Machinery Corporation of America Pension PlanSumitomo Machinery Corporati…$56MLibbey Salaried Cash Balance Pension PlanLibbey Salaried Cash Balance…$56MNew York Backstretch Employees Pension PlanNew York Backstretch Employe…$55M
End-of-year total assets ($M) among Libbey Salaried Cash Balance Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Ohio filing particulars

Total Assets (Beginning of Year)$60M
Net Assets (End of Year)$56M
Net Income-$4M
Employer EIN222784107
Plan Effective Date1993-06-24
Filing StatusFILING RECEIVED

Sponsor Plan History (Libbey Glass LLC)

Sponsor-wide plan assets over time

All Libbey Glass LLC plans reported in each filing year

Latest sponsor-wide plan assets
$407M 1.7326824666294478% vs 2022
2024 filing year
$395M$400M$405M$410M$415M$420M 202220232024 $400M $407M ▲ +1.7%
Year Plans Participants Total Assets
2022 4 1,694 $400M
2023 4 1,642 $414M
2024 4 1,464 $407M

Nearby Defined Benefit (Pension) Plans in Ohio

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

Libbey Salaried Cash Balance Pension Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -505101520 Total assets ($B) Participants Libbey Salaried Cash Balance Pension Plan, Total assets ($B): 0.055578998 · Participants: 113Libbey Salaried Cash Balance Pension PlanGE Aerospace Pension Plan, Total assets ($B): 19.026079363 · Participants: 9637GE Aerospace Pension PlanFirstenergy Corp. Master Pension Plan, Total assets ($B): 6.474467697 · Participants: 12187Firstenergy Corp. Master Pension PlanAmerican Electric Power System Retirement Plan, Total assets ($B): 4.085797504 · Participants: 16073American Electric Power System Retirement PlanOhio Operating Engineers Pension Plan, Total assets ($B): 3.912834719 · Participants: 10387Ohio Operating Engineers Pension PlanParker Defined Benefit Pension Plan, Total assets ($B): 3.496388263 · Participants: 8120Parker Defined Benefit Pension Plan
Libbey Salaried Cash Balance Pension Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants

Libbey Salaried Cash Balance Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Ohio, the nearest Defined Benefit (Pension) by assets is Blaze Credit Union Defined Benefit Plan and Trust in MN ($56M); by covered participants it is Hawthorn Bancshares, Inc. Retirement Plan in MO (113 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (113 participants); asset peers above are excluded.

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 Libbey Salaried Cash Balance Pension Plan assets move in 2024?
Libbey Salaried Cash Balance Pension Plan pulled back noticeably - down 7.2% during 2024, from $60M to $56M. Reported net income was -$4M.
How have Libbey Glass LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Libbey Glass LLC's sponsor-wide assets grew 1.7%, from $400M to $407M.
Where does Libbey Salaried Cash Balance Pension Plan rank by assets among Form 5500 filers?
Libbey Salaried Cash Balance Pension Plan ranks in the 85th 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 Libbey Salaried Cash Balance Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Blaze Credit Union Defined Benefit Plan and Trust in MN ($56M, 150 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Libbey Salaried Cash Balance Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Hawthorn Bancshares, Inc. Retirement Plan in MO (113 participants, $41M in assets).