Defined Benefit (Pension) · DOL Form 5500 · 2024

Libbey Glass LLC Pension Plan

Data updated 2026-08-25

$203M
Total assets Near avg plan size
255
Participants Below avg headcount
94th
Percentile by assets National rank
$794,542
Avg per participant High balance/head
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Official DOL plan name: Libbey Hourly Retirement Plan · Sponsored by Libbey Glass LLC · Ohio · Manufacturing

$203M in assets, 255 participants

Libbey Glass LLC's Libbey Hourly Retirement Plan reported $203M in total assets and 255 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.

  • #16,240 in Manufacturing (17,777 peers)

Coverage in Ohio

Libbey Hourly Retirement Plan covers 255 participants in Ohio, about 33% of the average Ohio filer (state average ~765 per filing). Assets: $203M.

#16,240
in Manufacturing (17,777 peers)
-6.8%
assets change YoY
2.0×
vs typical plan assets (national mean)

The plan reported a net loss of $15M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Libbey Hourly Retirement Plan's outsized position by total assets

Libbey Hourly Retirement Plan vs every filed plan by assets

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

$202,608,174 Top 6% higher than 94% 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 Hourly 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. Libbey Hourly Retirement Plan sits mid-pack in the medium band (255 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Libbey Hourly Retirement Plan reported net income fell from $6M in the plan year 2023 filing to -$15M in the plan year 2024 filing.
  • Libbey Hourly Retirement Plan reported participants fell from 368 in the plan year 2023 filing to 255 in the plan year 2024 filing.
  • Libbey Hourly Retirement Plan end-of-year assets fell from $217M in the plan year 2023 filing to $203M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

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

Libbey Hourly Retirement Plan · $203M · 255 · 94th

  • BOY $203M
  • SCH 255
  • EBSA 94th
  • PART Defined Benefit (Pension)
  • TYPE near Kansas Construction Trades Open End Pension Trust Fund
  • NET ind #16240

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 Hourly Retirement Plan in the asset neighbourhood

Operating Engineers Pension Trust Fund of Washington D.C. and VicinityOperating Engineers Pension …$203MLibbey Hourly Retirement Plan$203MKansas Construction Trades Open End Pension Trust FundKansas Construction Trades O…$203MPension Plan for Employees of Broadcast Music IncPension Plan for Employees o…$203MWwec Local 863 Pension Plan$202M
End-of-year total assets ($M) among Libbey Hourly Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Ohio filing particulars

Total Assets (Beginning of Year)$217M
Net Assets (End of Year)$203M
Net Income-$15M
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 Hourly Retirement Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -505101520 Total assets ($B) Participants Libbey Hourly Retirement Plan, Total assets ($B): 0.202608174 · Participants: 255Libbey Hourly Retirement 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 Hourly Retirement Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants

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

Outside Ohio, the nearest Defined Benefit (Pension) by assets is Kansas Construction Trades Open End Pension Trust Fund in KS ($203M); by covered participants it is Concrete Block Employers Pension Plan in CA (255 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (255 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 Hourly Retirement Plan assets move in 2024?
Libbey Hourly Retirement Plan pulled back noticeably - down 6.8% during 2024, from $217M to $203M. Reported net income was -$15M.
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 Hourly Retirement Plan rank by assets among Form 5500 filers?
Libbey Hourly Retirement Plan ranks in the 94th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Libbey Hourly Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Kansas Construction Trades Open End Pension Trust Fund in KS ($203M, 790 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Libbey Hourly Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Concrete Block Employers Pension Plan in CA (255 participants, $23M in assets).