Defined Benefit (Pension) · DOL Form 5500 · 2024
Coats American, Inc. Pension Plan
Data updated 2026-08-11
- $98M
- Total assets
- 166
- Participants
- 90th
- Percentile by assets
- $589,938
- Avg per participant
Official DOL plan name: Coats North America Pension Plan · Sponsored by Coats American, Inc. · North Carolina · Manufacturing
$98M in assets, 166 participants
Coats American, Inc.'s Coats North America Pension Plan reported $98M in total assets and 166 participants in its 2024 DOL Form 5500 filing, ranking in the 90th 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.
- 90th percentile by assets (of 123,622 plans)
- #15,222 in Manufacturing (17,777 peers)
Coverage in North Carolina
Coats North America Pension Plan covers 166 participants in North Carolina, about 20% of the average North Carolina filer (state average ~819 per filing). Assets: $98M.
- $98M
- total plan assets (2024 EOY)
- 166
- covered participants
- 90th
- percentile by assets (of 123,622 plans)
- $589,938
- avg assets per participant
The plan reported a net loss of $3M 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
- Coats North America Pension Plan reported net income fell from $3M in the plan year 2023 filing to -$3M in the plan year 2024 filing.
- Coats North America Pension Plan reported participants fell from 238 in the plan year 2023 filing to 166 in the plan year 2024 filing.
- Coats North America Pension Plan end-of-year assets fell from $101M in the plan year 2023 filing to $98M in the plan year 2024 filing.
Participants vs North Carolina filers
In North Carolina, the average filing covers about 819 participants across 3,515 plans. Coats North America Pension Plan reports 166 participants - about 20% of that state average ($98M EOY assets).
North Carolina filing particulars
| Total Assets (Beginning of Year) | $101M |
|---|---|
| Net Assets (End of Year) | $98M |
| Net Income | -$3M |
| Employer EIN | 510371432 |
| Plan Effective Date | 1928-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Coats American, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 194 | $98M |
| 2023 | 1 | 238 | $101M |
| 2024 | 1 | 166 | $98M |
Nearby Defined Benefit (Pension) Plans in North Carolina
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Coats North America Pension Plan vs. nearby Defined Benefit (Pension) plans in North Carolina, assets vs. participants
- Honeywell Retirement Earnings Plan $16.6B · 9,923
- Truist Financial Corporation Pension Plan $14.7B · 38,548
- Duke Energy Retirement Cash Balance Plan $4.7B · 13,576
- Employees' Retirement Plan of Duke University $2.8B · 22,655
- The Hearst Corporation Retirement Plan $2.4B · 1,745
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Coats North America Pension Plan by total assets, not by location.
Frequently Asked Questions
How did Coats North America Pension Plan assets move in 2024? ▼
How have Coats American, Inc. plan assets changed over time? ▼
Where does Coats North America Pension Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Coats North America Pension Plan? ▼
Next read for Coats North America Pension Plan
Filing takeaways
Ways to act on Coats North America Pension Plan's numbers.
- By total assets, Coats North America Pension 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 North Carolina. Compare plans
- Coats American, Inc.'s sponsor-wide assets have grown 0.1% since 2022 across 3 plan years on file. More Manufacturing plans