Defined Benefit (Pension) · DOL Form 5500 · 2024
Thomas Steel Strip Corp. Pension Plan
Data updated 2026-08-11
- $21M
- Total assets
- 10
- Participants
- 72nd
- Percentile by assets
- $2.1M
- Avg per participant
Official DOL plan name: Thomas Steel Strip Corp. Retirement Income Plan · Sponsored by Thomas Steel Strip Corp. · Ohio · Manufacturing
$21M in assets, 10 participants
Thomas Steel Strip Corp.'s Thomas Steel Strip Corp. Retirement Income Plan reported $21M in total assets and 10 participants in its 2024 DOL Form 5500 filing, ranking in the 72nd 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.
- 72nd percentile by assets (of 123,622 plans)
- #10,913 in Manufacturing (17,777 peers)
2024 asset change
Thomas Steel Strip Corp. Retirement Income Plan pulled back noticeably 8.1% in 2024 ($23M → $21M) for 10 participants.
- $21M
- total plan assets (2024 EOY)
- 10
- covered participants
- 72nd
- percentile by assets (of 123,622 plans)
- $2.1M
- avg assets per participant
The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Where Thomas Steel Strip Corp. Retirement Income Plan sits by total assets
Thomas Steel Strip Corp. Retirement Income Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$21,400,429 Top 28% higher than 72% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Thomas Steel Strip Corp. Retirement Income Plan reported net income fell from -$140K in the plan year 2023 filing to -$2M in the plan year 2024 filing.
- Thomas Steel Strip Corp. Retirement Income Plan reported participants fell from 11 in the plan year 2023 filing to 10 in the plan year 2024 filing.
- Thomas Steel Strip Corp. Retirement Income Plan end-of-year assets fell from $23M in the plan year 2023 filing to $21M in the plan year 2024 filing.
2024 asset move for Thomas Steel Strip Corp. Retirement Income Plan
Year over year, total assets pulled back noticeably from $23M at the start of 2024 to $21M at year-end (down 8.1%). Net assets closed at $21M; reported net income -$2M.
Thomas Steel Strip Corp. years around the 2024 move
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 316 | $124M |
| 2023 | 3 | 304 | $128M |
| 2024 | 3 | 320 | $125M |
2024 asset-move particulars
| Total Assets (Beginning of Year) | $23M |
|---|---|
| Net Assets (End of Year) | $21M |
| Net Income | -$2M |
| Employer EIN | 132799255 |
| Plan Effective Date | 1975-06-01 |
| Filing Status | FILING RECEIVED |
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. Retirement Income Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants
- GE Aerospace Pension Plan $19.0B · 9,637
- Firstenergy Corp. Master Pension Plan $6.5B · 12,187
- American Electric Power System Retirement Plan $4.1B · 16,073
- Ohio Operating Engineers Pension Plan $3.9B · 10,387
- Parker Defined Benefit Pension Plan $3.5B · 8,120
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Thomas Steel Strip Corp. Retirement Income Plan by total assets, not by location.
Frequently Asked Questions
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2024 change
Ways to act on Thomas Steel Strip Corp. Retirement Income Plan's numbers.
- By total assets, Thomas Steel Strip Corp. Retirement Income Plan ranks above the median plan by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Ohio. Compare plans
- Thomas Steel Strip Corp.'s sponsor-wide assets have grown 0.2% since 2022 across 3 plan years on file. More Manufacturing plans