Defined Benefit (Pension) · DOL Form 5500 · 2024
Schlage Lock Company LLC Pension Plan
Data updated 2026-08-25
- $228M
- Total assets Near avg plan size
- 1,210
- Participants Near avg headcount
- 95th
- Percentile by assets National rank
- $188,301
- Avg per participant Above avg balance/head
Official DOL plan name: Schlage Lock Company LLC Pension Plan · Sponsored by Schlage Lock Company LLC · Indiana · Manufacturing
$228M in assets, 1,210 participants
Schlage Lock Company LLC's Schlage Lock Company LLC Pension Plan reported $228M in total assets and 1,210 participants in its 2024 DOL Form 5500 filing, ranking in the 95th 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.
- #16,351 in Manufacturing (17,777 peers)
Coverage in Indiana
Schlage Lock Company LLC Pension Plan covers 1,210 participants in Indiana, 2.2x the typical Indiana plan (state average ~541 per filing). Assets: $228M.
- #16,351
- in Manufacturing (17,777 peers)
- -6.6%
- assets change YoY
- 2.3×
- vs typical plan assets (national mean)
The plan reported a net loss of $16M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Schlage Lock Company LLC Pension Plan's outsized position by total assets
Schlage Lock Company LLC Pension Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$227,843,787 Top 5% higher than 95% 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
Schlage Lock Company LLC Pension Plan's large-plan peer group by participant headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Schlage Lock Company LLC Pension Plan lands in the large band (1,210 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Schlage Lock Company LLC Pension Plan reported net income fell from $2M in the plan year 2023 filing to -$16M in the plan year 2024 filing.
- Schlage Lock Company LLC Pension Plan reported participants fell from 1,360 in the plan year 2023 filing to 1,210 in the plan year 2024 filing.
- Schlage Lock Company LLC Pension Plan end-of-year assets fell from $244M in the plan year 2023 filing to $228M in the plan year 2024 filing.
DOL schedule card
Filing strip 542139412 · Schlage Lock Company LLC PY 2024 · Defined Benefit (Pension)
Schlage Lock Company LLC Pension Plan · $228M · 1,210 · 95th
- EBSA $228M
- PART 1,210
- TYPE 95th
- NET Defined Benefit (Pension)
- BOOK near Non-Contributory Retirement Program for Certain Employees of Blue Cross and Blue Shield of Arizona Inc.
- VS-ST ind #16351
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 Manufacturing retirement plans → · Plans in Indiana →
Schlage Lock Company LLC Pension Plan in the asset neighbourhood
Indiana filing particulars
| Total Assets (Beginning of Year) | $244M |
|---|---|
| Net Assets (End of Year) | $228M |
| Net Income | -$16M |
| Employer EIN | 542139412 |
| Plan Effective Date | 2013-12-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Schlage Lock Company LLC)
Sponsor-wide plan assets over time
All Schlage Lock Company LLC plans reported in each filing year
- Latest sponsor-wide plan assets
- $1.2B 29.495325276916656% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 5,485 | $941M |
| 2023 | 3 | 6,988 | $1.1B |
| 2024 | 3 | 6,992 | $1.2B |
Nearby Defined Benefit (Pension) Plans in Indiana
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- The Lilly Retirement Plan $11.8B · 19,897
- Cummins Pension Plan $3.2B · 30,640
- Indiana Laborers Pension Fund $1.8B · 11,039
- Elevance Health Cash Balance Plan a $1.2B · 7,552
- Nisource Pension Plan $1.0B · 2,133
Schlage Lock Company LLC Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Indiana, the nearest Defined Benefit (Pension) by assets is Non-Contributory Retirement Program for Certain Employees of Blue Cross and Blue Shield of Arizona Inc. in AZ ($228M); by covered participants it is Volvo Group North America New River Valley Pension Plan in NC (1,209 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($228M here).
- Non-Contributory Retirement Program for Certain Employees of Blue Cross and Blue Shield of Arizona Inc. (AZ) $228M · N/A
- Michiana Area Electrical Workers Pension Fund (MI) $228M · 838
- Odyssey Reinsurance Company Restated Employees Retirement Plan (CT) $228M · 201
- Consumers Credit Union Defined Benefit Plan and Trust (IL) $227M · 470
Similar participant headcount
Nearest other-state filings by covered participants (1,210 participants); asset peers above are excluded.
- Volvo Group North America New River Valley Pension Plan (NC) 1,209 · 1 off
- Ims Health Incorporated Retirement Plan (CT) 1,213 · 3 off
- Michigan Bac Pension Fund (MI) 1,207 · 3 off
- Domtar US Hourly Pension Plan () 1,206 · 4 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.