Defined Benefit (Pension) · DOL Form 5500 · 2024
Land Newco, Inc. Pension Plan
Data updated 2026-08-11
- $136M
- Total assets
- 188
- Participants
- 92nd
- Percentile by assets
- $720,786
- Avg per participant
Official DOL plan name: Pmc Business Pension Plan · Sponsored by Land Newco, Inc. · Wisconsin · Manufacturing
$136M in assets, 188 participants
Land Newco, Inc.'s Pmc Business Pension Plan reported $136M in total assets and 188 participants in its 2024 DOL Form 5500 filing, ranking in the 92nd 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.
- 92nd percentile by assets (of 123,622 plans)
- #15,744 in Manufacturing (17,777 peers)
Coverage in Wisconsin
Pmc Business Pension Plan covers 188 participants in Wisconsin, about 33% of the average Wisconsin filer (state average ~563 per filing). Assets: $136M.
- $136M
- total plan assets (2024 EOY)
- 188
- covered participants
- 92nd
- percentile by assets (of 123,622 plans)
- $720,786
- avg assets per participant
The plan reported a net loss of $14M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Pmc Business Pension Plan reported net income fell from $6M in the plan year 2023 filing to -$14M in the plan year 2024 filing.
- Pmc Business Pension Plan reported participants fell from 221 in the plan year 2023 filing to 188 in the plan year 2024 filing.
- Pmc Business Pension Plan end-of-year assets fell from $149M in the plan year 2023 filing to $136M in the plan year 2024 filing.
Participants vs Wisconsin filers
In Wisconsin, the average filing covers about 563 participants across 2,940 plans. Pmc Business Pension Plan reports 188 participants - about 33% of that state average ($136M EOY assets).
Wisconsin filing particulars
| Total Assets (Beginning of Year) | $149M |
|---|---|
| Net Assets (End of Year) | $136M |
| Net Income | -$14M |
| Employer EIN | 862641661 |
| Plan Effective Date | 2021-09-02 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Land Newco, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 242 | $143M |
| 2023 | 1 | 221 | $149M |
| 2024 | 1 | 188 | $136M |
Nearby Defined Benefit (Pension) Plans in Wisconsin
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Pmc Business Pension Plan vs. nearby Defined Benefit (Pension) plans in Wisconsin, assets vs. participants
- Building Trades United Pension Trust Fund Milwaukee and Vicinity $3.5B · 10,236
- The Northwestern Mutual Employee Retirement Plan $3.3B · 8,254
- The Northwestern Mutual Life Insurance Company Agents Retirement Plan $2.1B · 7,653
- Harley-Davidson Retirement Plan $1.9B · 1,414
- North Central States Regional Council of Carpenters Pension Fund $1.8B · 5,105
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Pmc Business Pension Plan by total assets, not by location.
- Atlanta Ironworkers Local #387 Pension Plan (TN) $136M · 723
- Seaboard Corporation Pension Plan (KS) $136M · 351
- Dairy Industry - Union Pension Plan for Philadelphia and Vicinity (NJ) $136M · 350
- Northern Mn-Wi Area Retail Clerks Pension Fund (MN) $136M · 1,668
Frequently Asked Questions
How did Pmc Business Pension Plan assets move in 2024? ▼
How have Land Newco, Inc. plan assets changed over time? ▼
Where does Pmc Business Pension Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Pmc Business Pension Plan? ▼
Next read for Pmc Business Pension Plan
Filing takeaways
Ways to act on Pmc Business Pension Plan's numbers.
- By total assets, Pmc Business Pension Plan ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Wisconsin. Compare plans
- Land Newco, Inc.'s sponsor-wide assets have declined 5.3% since 2022 across 3 plan years on file. More Manufacturing plans