Defined Benefit (Pension) · DOL Form 5500 · 2024

Sears Manufacturing Company Pension Plan

Data updated 2026-08-11

$15M
Total assets: 79
Participants: 64th
Percentile by assets: $188,664
Avg per participant

Official DOL plan name: Sears Manufacturing Company Defined Benefit Retirement Plan · Sponsored by Sears Manufacturing Company · Iowa · Manufacturing

$15M in assets, 79 participants

Sears Manufacturing Company's Sears Manufacturing Company Defined Benefit Retirement Plan reported $15M in total assets and 79 participants in its 2024 DOL Form 5500 filing, ranking in the 64th 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.

64th percentile by assets (of 123,622 plans)
#9,283 in Manufacturing (17,777 peers)

Sears Manufacturing Company multi-year trail

Sears Manufacturing Company's plans moved +12.2% in assets from 2022 to 2024; this filing shows Sears Manufacturing Company Defined Benefit Retirement Plan at $15M / 79 participants.

$15M
total plan assets (2024 EOY): 79
covered participants: 64th
percentile by assets (of 123,622 plans): $188,664
avg assets per participant

Where Sears Manufacturing Company Defined Benefit Retirement Plan sits by total assets

Sears Manufacturing Company Defined Benefit Retirement Plan vs every filed plan by assets

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

$14,904,493 Top 36% higher than 64% of 123,620 filed plans

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

Sears Manufacturing Company Defined Benefit Retirement Plan reported net income fell from $1M in the plan year 2023 filing to $699K in the plan year 2024 filing.
Sears Manufacturing Company Defined Benefit Retirement Plan reported participants fell from 92 in the plan year 2023 filing to 79 in the plan year 2024 filing.
Sears Manufacturing Company Defined Benefit Retirement Plan end-of-year assets rose from $14M in the plan year 2023 filing to $15M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Iowa

Industry

Manufacturing

Sears Manufacturing Company across 3 plan years on file

Across the 3 plan years Sears Manufacturing Company has on file (2022-2024), sponsor-wide plan assets have moved from $53M to $60M, a gain of 12.2%, while reported participants moved from 736 to 708 (-3.8%). Peak year by sponsor assets: 2024 ($60M); trough: 2022 ($53M).

Sears Manufacturing Company multi-year asset trail

Total plan assets by year, all Sears Manufacturing Company plans on file

Year	Plans	Participants	Total Assets
2022	3	736	$53M
2023	3	825	$58M
2024	3	708	$60M

Sears Manufacturing Company filing trail (2024)

Total Assets (Beginning of Year)	$14M
Net Assets (End of Year)	$15M
Net Income	$699K
Employer EIN	420712643
Plan Effective Date	1975-01-01
Filing Status	FILING RECEIVED

Nearby Defined Benefit (Pension) Plans in Iowa

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

Sears Manufacturing Company Defined Benefit Retirement Plan vs. nearby Defined Benefit (Pension) plans in Iowa, assets vs. participants

Transamerica Pension Plan $2.2B · 7,170
Principal Cash Balance Plan $1.5B · 11,945
Midamerican Energy Company Retirement Plan $521M · 2,805
Employers Mutual Casualty Company Retirement Plan $362M · 1,908
Pension Plan of the Plumbers and Steamfitters Local Union No. 33 Retirement Trust $331M · 1,233

Compare Sears Manufacturing Company Defined Bene… side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Sears Manufacturing Company Defined Benefit Retirement Plan by total assets, not by location.

Apex Tool Group, LLC Pension Plan for Apex Bargaining Unit Employees in Dayton, Oh (MD) $15M · 109
Natural Gas Solutions North America Pension Plan (TX) $15M · 34
New Bedford Fishermen's Pension Fund (MA) $15M · N/A
Quarryville Presbyterian Retirement Community Pension Plan (PA) $15M · 40

Frequently Asked Questions

How did Sears Manufacturing Company Defined Benefit Retirement Plan assets move in 2024? ▼

Sears Manufacturing Company Defined Benefit Retirement Plan edged up modestly - up 4.9% during 2024, from $14M to $15M. Reported net income was $699K.

How have Sears Manufacturing Company plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Sears Manufacturing Company's sponsor-wide assets grew 12.2%, from $53M to $60M.

Which Defined Benefit (Pension) plans are similar in size to Sears Manufacturing Company Defined Benefit Retirement Plan? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is Apex Tool Group, LLC Pension Plan for Apex Bargaining Unit Employees in Dayton, Oh in MD ($15M, 109 participants).

Next read for Sears Manufacturing Company Defined Bene…

Multi-year trail

Ways to act on Sears Manufacturing Company Defined Benefit Retirement Plan's numbers.

By total assets, Sears Manufacturing Company Defined Benefit Retirement Plan ranks above the median plan by assets. See the largest plans
Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Iowa. Compare plans
Sears Manufacturing Company's sponsor-wide assets have grown 12.2% since 2022 across 3 plan years on file. More Manufacturing plans

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 420712643.