Defined Benefit (Pension) · DOL Form 5500 · 2024

Thomas Steel Strip Corp. Pension Plan

Data updated 2026-08-25

$66M
Total assets Below avg plan size
60
Participants Small participant base
87th
Percentile by assets National rank
$1.1M
Avg per participant High balance/head
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Official DOL plan name: Thomas Steel Strip Corp. Pension Plan · Sponsored by Thomas Steel Strip Corp. · Ohio · Manufacturing

$66M in assets, 60 participants

Thomas Steel Strip Corp.'s Thomas Steel Strip Corp. Pension Plan reported $66M in total assets and 60 participants in its 2024 DOL Form 5500 filing, ranking in the 87th 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.

  • #14,444 in Manufacturing (17,777 peers)

Where Thomas Steel Strip Corp. Pension Plan sits by assets

Thomas Steel Strip Corp. Pension Plan sits in the top quartile of all filed plans by assets, $66M for 60 participants (~$1.1M/participant), down 7.2% in 2024.

#14,444
in Manufacturing (17,777 peers)
-7.2%
assets change YoY
0.7×
vs typical plan assets (national mean)

The plan reported a net loss of $5M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Thomas Steel Strip Corp. Pension Plan's outsized position by total assets

Thomas Steel Strip Corp. Pension Plan vs every filed plan by assets

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

$65,947,868 Top 13% higher than 87% 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

Thomas Steel Strip Corp. Pension Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Thomas Steel Strip Corp. Pension Plan is a small filing (60 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Thomas Steel Strip Corp. Pension Plan reported net income fell from $70K in the plan year 2023 filing to -$5M in the plan year 2024 filing.
  • Thomas Steel Strip Corp. Pension Plan reported participants fell from 66 in the plan year 2023 filing to 60 in the plan year 2024 filing.
  • Thomas Steel Strip Corp. Pension Plan end-of-year assets fell from $71M in the plan year 2023 filing to $66M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 132799255 · Thomas Steel Strip Corp. PY 2024 · Defined Benefit (Pension)

Thomas Steel Strip Corp. Pension Plan · $66M · 60 · 87th

  • VS-ST $66M
  • VS-ST 60
  • VS-ST 87th
  • VS-ST Defined Benefit (Pension)
  • VS-ST near Iowa Ironworkers Heavy Highway Defined Benefit Pension Plan
  • VS-ST ind #14444

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 →

Thomas Steel Strip Corp. Pension Plan in the asset neighbourhood

Major League Baseball Pension Plan for Non-Uniformed PersonnelMajor League Baseball Pensio…$66MThomas Steel Strip Corp. Pension PlanThomas Steel Strip Corp. Pen…$66MIowa Ironworkers Heavy Highway Defined Benefit Pension PlanIowa Ironworkers Heavy Highw…$66MY-12 Federal Credit Union Cash Balance Retirement Pension PlanY-12 Federal Credit Union Ca…$66MRetirement Plan for Employees of King KullenRetirement Plan for Employee…$66M
End-of-year total assets ($M) among Thomas Steel Strip Corp. Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$71M
Net Assets (End of Year)$66M
Net Income-$5M
Employer EIN132799255
Plan Effective Date1975-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Thomas Steel Strip Corp.)

Sponsor-wide plan assets over time

All Thomas Steel Strip Corp. plans reported in each filing year

Latest sponsor-wide plan assets
$125M 0.22263417951001457% vs 2022
2024 filing year
$124M$126M$128M$130M 202220232024 $124M $125M ▲ +0.2%
Year Plans Participants Total Assets
2022 3 316 $124M
2023 3 304 $128M
2024 3 320 $125M

Nearby Defined Benefit (Pension) Plans in Ohio

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

Thomas Steel Strip Corp. Pension Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -505101520 Total assets ($B) Participants Thomas Steel Strip Corp. Pension Plan, Total assets ($B): 0.065947868 · Participants: 60Thomas Steel Strip Corp. 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
Thomas Steel Strip Corp. Pension Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants

Thomas Steel Strip Corp. Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Ohio, the nearest Defined Benefit (Pension) by assets is Iowa Ironworkers Heavy Highway Defined Benefit Pension Plan in IA ($66M); by covered participants it is Burke & Herbert Bank & Trust Company Retirement Plan in VA (60 participants). Same-state nearby plans are listed separately above.

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 Thomas Steel Strip Corp. Pension Plan assets move in 2024?
Thomas Steel Strip Corp. Pension Plan pulled back noticeably - down 7.2% during 2024, from $71M to $66M. Reported net income was -$5M.
How have Thomas Steel Strip Corp. plan assets changed over time?
Across 3 plan years on file (2022-2024), Thomas Steel Strip Corp.'s sponsor-wide assets grew 0.2%, from $124M to $125M.
Where does Thomas Steel Strip Corp. Pension Plan rank by assets among Form 5500 filers?
Thomas Steel Strip Corp. Pension Plan ranks in the 87th 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 Thomas Steel Strip Corp. Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Iowa Ironworkers Heavy Highway Defined Benefit Pension Plan in IA ($66M, 210 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Thomas Steel Strip Corp. Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Burke & Herbert Bank & Trust Company Retirement Plan in VA (60 participants, $31M in assets).