Defined Benefit (Pension) · DOL Form 5500 · 2024
Park Ohio Industries Inc Pension Plan
Data updated 2026-08-06
- $159M
- Total assets
- 2,699
- Participants
- 93rd
- Percentile by assets
- $58,830
- Avg per participant
Official DOL plan name: Park Ohio Industries and Subsidiaries Pension Plan · Sponsored by Park Ohio Industries Inc · Ohio · Manufacturing
$159M in assets, 2,699 participants
Park Ohio Industries Inc's Park Ohio Industries and Subsidiaries Pension Plan reported $159M in total assets and 2,699 participants in its 2024 DOL Form 5500 filing, ranking in the 93rd 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.
- 93rd percentile by assets (of 116,472 plans)
- #15,137 in Manufacturing (16,886 peers)
Coverage in Ohio
Park Ohio Industries and Subsidiaries Pension Plan covers 2,699 participants in Ohio, 3.4x the typical Ohio plan (state average ~787 per filing). Assets: $159M.
- $159M
- total plan assets (2024 EOY)
- 2,699
- covered participants
- 93rd
- percentile by assets (of 116,472 plans)
- $58,830
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Park Ohio Industries and Subsidiaries Pension Plan reported net income fell from $15M in the plan year 2023 filing to $8M in the plan year 2024 filing.
- Park Ohio Industries and Subsidiaries Pension Plan end-of-year assets rose from $151M in the plan year 2023 filing to $159M in the plan year 2024 filing.
- Park Ohio Industries and Subsidiaries Pension Plan reported participants rose from 2,622 in the plan year 2023 filing to 2,699 in the plan year 2024 filing.
Participants vs Ohio filers
In Ohio, the average filing covers about 787 participants across 4,840 plans. Park Ohio Industries and Subsidiaries Pension Plan reports 2,699 participants - 3.4x that state average ($159M EOY assets).
Ohio filing particulars
| Total Assets (Beginning of Year) | $151M |
|---|---|
| Net Assets (End of Year) | $156M |
| Net Income | $8M |
| Employer EIN | 346520107 |
| Plan Effective Date | 1964-12-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Park Ohio Industries Inc)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 5,584 | $279M |
| 2023 | 2 | 5,692 | $312M |
| 2024 | 2 | 5,772 | $327M |
Nearby Defined Benefit (Pension) Plans in Ohio
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Park Ohio Industries and Subsidiaries Pension 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
- Parker Defined Benefit Pension Plan $3.5B · 8,120
- Nationwide Retirement Plan - Final Average Pay $3.5B · 5,058
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Park Ohio Industries and Subsidiaries Pension Plan by total assets, not by location.
- Beam Pension Plan (IL) $159M · 295
- Henry Crown and Company Pension Plan (IL) $159M · 288
- Pension Plan of the Plumbers & Pipefitters Local Union No. 630 Pension - Annuity Trust Fund (FL) $159M · 737
- Local 360 Labor-Management Pension Fund (NJ) $158M · 1,290
Frequently Asked Questions
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Filing takeaways
Ways to act on Park Ohio Industries and Subsidiaries Pension Plan's numbers.
- By total assets, Park Ohio Industries and Subsidiaries 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 Ohio. Compare plans
- Park Ohio Industries Inc's sponsor-wide assets have grown 17.0% since 2022 across 3 plan years on file. More Manufacturing plans