Defined Benefit (Pension) · DOL Form 5500 · 2024

Itg Brands, LLC Pension Plan

Data updated 2026-08-06

$331M
Total assets: 283
Participants: 96th
Percentile by assets: $1.2M
Avg per participant

Official DOL plan name: Itg Brands, LLC Retirement Allowance Plan for Hourly Rated and/or Piecework Employees · Sponsored by Itg Brands, LLC · North Carolina · Manufacturing

$331M in assets, 283 participants

Itg Brands, LLC's Itg Brands, LLC Retirement Allowance Plan for Hourly Rated and/or Piecework Employees reported $331M in total assets and 283 participants in its 2024 DOL Form 5500 filing, ranking in the 96th 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.

96th percentile by assets (of 116,472 plans)

Coverage in North Carolina

Itg Brands, LLC Retirement Allowance Plan for Hourly Rated and/or Piecework Employees covers 283 participants in North Carolina, about 33% of the average North Carolina filer (state average ~846 per filing). Assets: $331M.

$331M
total plan assets (2024 EOY): 283
covered participants: 96th
percentile by assets (of 116,472 plans): $1.2M
avg assets per participant

The plan reported a net loss of $107M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Itg Brands, LLC Retirement Allowance Plan for Hourly Rated and/or Piecework Employees reported net income fell from -$1M in the plan year 2023 filing to -$107M in the plan year 2024 filing.
Itg Brands, LLC Retirement Allowance Plan for Hourly Rated and/or Piecework Employees end-of-year assets fell from $437M in the plan year 2023 filing to $331M in the plan year 2024 filing.
Itg Brands, LLC Retirement Allowance Plan for Hourly Rated and/or Piecework Employees reported participants fell from 317 in the plan year 2023 filing to 283 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

North Carolina

Industry

Manufacturing

Participants vs North Carolina filers

In North Carolina, the average filing covers about 846 participants across 3,325 plans. Itg Brands, LLC Retirement Allowance Plan for Hourly Rated and/or Piecework Employees reports 283 participants - about 33% of that state average ($331M EOY assets).

North Carolina filing particulars

Total Assets (Beginning of Year)	$437M
Net Assets (End of Year)	$330M
Net Income	-$107M
Employer EIN	942994213
Plan Effective Date	1952-11-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Itg Brands, LLC)

Total plan assets by year, all Itg Brands, LLC plans on file

Year	Plans	Participants	Total Assets
2022	3	2,526	$875M
2023	3	2,061	$907M
2024	2	1,785	$729M

Nearby Defined Benefit (Pension) Plans in North Carolina

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

Itg Brands, LLC Retirement Allowance Plan for Hourly Rated and/or Piecework Employees 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
The Hearst Corporation Retirement Plan $2.4B · 1,745
Duke Energy Legacy Pension Plan $2.4B · 300

Compare Itg Brands, LLC Retirement Allowance Pla… side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Itg Brands, LLC Retirement Allowance Plan for Hourly Rated and/or Piecework Employees by total assets, not by location.

Pension Plan of the Plumbers and Steamfitters Local Union No. 33 Retirement Trust (IA) $331M · 1,233
Retirement Plan for Employees of Intermountain Power Service Corporation (UT) $330M · 315
Valeo, Inc. Pension Plan (MI) $330M · 244
Pipe Fitters Local No 533 Pension Plan (MO) $330M · 1,171

Frequently Asked Questions

How did Itg Brands, LLC Retirement Allowance Plan for Hourly Rated and/or Piecework Employees assets move in 2024? ▼

Itg Brands, LLC Retirement Allowance Plan for Hourly Rated and/or Piecework Employees declined sharply - down 24.3% during 2024, from $437M to $331M. Reported net income was -$107M.

How have Itg Brands, LLC plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Itg Brands, LLC's sponsor-wide assets declined 16.7%, from $875M to $729M.

Where does Itg Brands, LLC Retirement Allowance Plan for Hourly Rated and/or Piecework Employees rank by assets among Form 5500 filers? ▼

Itg Brands, LLC Retirement Allowance Plan for Hourly Rated and/or Piecework Employees ranks in the 96th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).

Which Defined Benefit (Pension) plans are similar in size to Itg Brands, LLC Retirement Allowance Plan for Hourly Rated and/or Piecework Employees? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is Pension Plan of the Plumbers and Steamfitters Local Union No. 33 Retirement Trust in IA ($331M, 1,233 participants).

Next read for Itg Brands, LLC Retirement Allowance Pla…

Filing takeaways

Ways to act on Itg Brands, LLC Retirement Allowance Plan for Hourly Rated and/or Piecework Employees's numbers.

By total assets, Itg Brands, LLC Retirement Allowance Plan for Hourly Rated and/or Piecework Employees ranks in the top 5% 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
Itg Brands, LLC's sponsor-wide assets have declined 16.7% 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 942994213.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.