Defined Benefit (Pension) · DOL Form 5500 · 2024

Peerless Pump Company Pension Plan

Data updated 2026-08-11

$41M
Total assets
115
Participants
82nd
Percentile by assets
$356,645
Avg per participant
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Official DOL plan name: Peerless Pump Retirement Income Plan · Sponsored by Peerless Pump Company · Indiana · Manufacturing

$41M in assets, 115 participants

Peerless Pump Company's Peerless Pump Retirement Income Plan reported $41M in total assets and 115 participants in its 2024 DOL Form 5500 filing, ranking in the 82nd 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.

  • 82nd percentile by assets (of 123,622 plans)
  • #13,236 in Manufacturing (17,777 peers)

Coverage in Indiana

Peerless Pump Retirement Income Plan covers 115 participants in Indiana, about 21% of the average Indiana filer (state average ~541 per filing). Assets: $41M.

$41M
total plan assets (2024 EOY)
115
covered participants
82nd
percentile by assets (of 123,622 plans)
$356,645
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Peerless Pump Retirement Income Plan reported net income fell from $3M in the plan year 2023 filing to $96K in the plan year 2024 filing.
  • Peerless Pump Retirement Income Plan reported participants fell from 117 in the plan year 2023 filing to 115 in the plan year 2024 filing.
  • Peerless Pump Retirement Income Plan end-of-year assets rose from $41M in the plan year 2023 filing to $41M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs Indiana filers

In Indiana, the average filing covers about 541 participants across 2,302 plans. Peerless Pump Retirement Income Plan reports 115 participants - about 21% of that state average ($41M EOY assets).

Indiana filing particulars

Total Assets (Beginning of Year)$41M
Net Assets (End of Year)$41M
Net Income$96K
Employer EIN050596578
Plan Effective Date2007-11-30
Filing StatusFILING RECEIVED

Sponsor Plan History (Peerless Pump Company)

$37M$38M$39M$40M$41M$42M 202220232024 $38.1M $41M ▲ +7.6%
Total plan assets by year, all Peerless Pump Company plans on file
Year Plans Participants Total Assets
2022 1 133 $38M
2023 1 117 $41M
2024 1 115 $41M

Nearby Defined Benefit (Pension) Plans in Indiana

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

Peerless Pump Retirement Income Plan vs. nearby Defined Benefit (Pension) plans in Indiana, assets vs. participants

Peerless Pump Retirement Income Plan vs. nearby Defined Benefit (Pension) plans in Indiana, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -5051015 Total assets ($B) Participants Peerless Pump Retire…The Lilly Retirement…Cummins Pension PlanIndiana Laborers Pen…Elevance Health Cash…Nisource Pension Plan
Peerless Pump Retirement Income Plan vs. nearby Defined Benefit (Pension) plans in Indiana, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Peerless Pump Retirement Income Plan by total assets, not by location.

Frequently Asked Questions

How did Peerless Pump Retirement Income Plan assets move in 2024?
Peerless Pump Retirement Income Plan held essentially flat - up 0.3% during 2024, from $41M to $41M. Reported net income was $96K.
How have Peerless Pump Company plan assets changed over time?
Across 3 plan years on file (2022-2024), Peerless Pump Company's sponsor-wide assets grew 7.6%, from $38M to $41M.
Where does Peerless Pump Retirement Income Plan rank by assets among Form 5500 filers?
Peerless Pump Retirement Income Plan ranks in the 82nd 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 Peerless Pump Retirement Income Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Sbera Pension Plan as Adopted by the Bank of Canton in MA ($41M, 101 participants).

Next read for Peerless Pump Retirement Income Plan

Filing takeaways

Ways to act on Peerless Pump Retirement Income Plan's numbers.

  • By total assets, Peerless Pump Retirement Income Plan ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Indiana. Compare plans
  • Peerless Pump Company's sponsor-wide assets have grown 7.6% since 2022 across 3 plan years on file. More Manufacturing plans