Defined Benefit (Pension) · DOL Form 5500 · 2024

Security Lock Distributors, Inc. Pension Plan

Data updated 2026-08-25

$12M
Total assets Small plan by assets
236
Participants Below avg headcount
60th
Percentile by assets National rank
$51,126
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Security Lock Distributors, Inc. Cash Balance Plan · Sponsored by Security Lock Distributors, Inc. · Massachusetts · Professional & Technical Services

$12M in assets, 236 participants

Security Lock Distributors, Inc.'s Security Lock Distributors, Inc. Cash Balance Plan reported $12M in total assets and 236 participants in its 2024 DOL Form 5500 filing, ranking in the 60th 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.

  • #11,773 in Professional & Technical Services (20,173 peers)

Coverage in Massachusetts

Security Lock Distributors, Inc. Cash Balance Plan covers 236 participants in Massachusetts, about 36% of the average Massachusetts filer (state average ~659 per filing). Assets: $12M.

#11,773
in Professional & Technical Services (20,173 peers)
+10.3%
assets growth YoY

Security Lock Distributors, Inc. Cash Balance Plan's mid-pack asset rank among Professional & Technical Services and all filers

Security Lock Distributors, Inc. Cash Balance Plan vs every filed plan by assets

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

$12,065,726 Top 40% higher than 60% 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

Security Lock Distributors, Inc. Cash Balance Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Security Lock Distributors, Inc. Cash Balance Plan sits mid-pack in the medium band (236 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Security Lock Distributors, Inc. Cash Balance Plan reported net income rose from $769K in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • Security Lock Distributors, Inc. Cash Balance Plan reported participants rose from 165 in the plan year 2023 filing to 236 in the plan year 2024 filing.
  • Security Lock Distributors, Inc. Cash Balance Plan end-of-year assets rose from $11M in the plan year 2023 filing to $12M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 042456930 · Security Lock Distributors, Inc. PY 2024 · Defined Benefit (Pension)

Security Lock Distributors, Inc. Cash Balance Plan · $12M · 236 · 60th

  • EBSA $12M
  • PART 236
  • TYPE 60th
  • NET Defined Benefit (Pension)
  • BOOK near Retirement Plan for Bargaining Unit Employees of Warren General Hospital
  • VS-ST ind #11773

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 Professional & Technical Services retirement plans → · Plans in Massachusetts →

Security Lock Distributors, Inc. Cash Balance Plan in the asset neighbourhood

Retirement Fund of Local 1482 Paint and Allied Products ManufacturersRetirement Fund of Local 148…$12MDefined Benefit Pension Plan for Employees of United Way of Central Alabama, Inc.Defined Benefit Pension Plan…$12MSecurity Lock Distributors, Inc. Cash Balance PlanSecurity Lock Distributors, …$12MRetirement Plan for Bargaining Unit Employees of Warren General HospitalRetirement Plan for Bargaini…$12MPension Plan for Hourly Employees of Clarion Sintered Metals, Inc.Pension Plan for Hourly Empl…$12M
End-of-year total assets ($M) among Security Lock Distributors, Inc. Cash Balance Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Massachusetts filing particulars

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$12M
Net Income$1M
Employer EIN042456930
Plan Effective Date2007-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Security Lock Distributors, Inc.)

Sponsor-wide plan assets over time

All Security Lock Distributors, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$49M 30.421999180774517% vs 2022
2024 filing year
$35M$40M$45M$50M 202220232024 $37.3M $48.7M ▲ +30.4%
Year Plans Participants Total Assets
2022 2 382 $37M
2023 2 415 $43M
2024 2 506 $49M

Nearby Defined Benefit (Pension) Plans in Massachusetts

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

Security Lock Distributors, Inc. Cash Balance Plan vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Security Lock Distributors, Inc. Cash Balance Plan, Total assets ($B): 0.012065726 · Participants: 236Security Lock Distributors, Inc. Cash Balance PlanConsolidated Cash Balance Program of Mass General Brigham and Member Organizations, Total assets ($B): 11.586293172 · Participants: 60621Consolidated Cash Balance Program of Mass General Brigham and Member OrganizationsNew England Teamsters Pension Fund, Total assets ($B): 9.093299462 · Participants: 21577New England Teamsters Pension FundLiberty Mutual Retirement Benefit Plan, Total assets ($B): 6.250686483 · Participants: 34910Liberty Mutual Retirement Benefit PlanMassachusetts Institute of Technology Basic Retirement Plan, Total assets ($B): 5.888715533 · Participants: 12533Massachusetts Institute of Technology Basic Retirement PlanN. Atlantic States Carp. Pension Fund, Total assets ($B): 5.086051556 · Participants: 16946N. Atlantic States Carp. Pension Fund
Security Lock Distributors, Inc. Cash Balance Plan vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants

Security Lock Distributors, Inc. Cash Balance Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Massachusetts, the nearest Defined Benefit (Pension) by assets is Retirement Plan for Bargaining Unit Employees of Warren General Hospital in PA ($12M); by covered participants it is Preformed Line Products Company Hourly Employees Retirement Plan in OH (236 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 Security Lock Distributors, Inc. Cash Balance Plan assets move in 2024?
Security Lock Distributors, Inc. Cash Balance Plan grew at a solid clip - up 10.3% during 2024, from $11M to $12M. Reported net income was $1M.
How have Security Lock Distributors, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Security Lock Distributors, Inc.'s sponsor-wide assets grew 30.4%, from $37M to $49M.
Which Defined Benefit (Pension) plans are similar in size to Security Lock Distributors, Inc. Cash Balance Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Retirement Plan for Bargaining Unit Employees of Warren General Hospital in PA ($12M, 82 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Security Lock Distributors, Inc. Cash Balance Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Preformed Line Products Company Hourly Employees Retirement Plan in OH (236 participants, $29M in assets).