Defined Benefit (Pension) · DOL Form 5500 · 2024

Flexible Steel Lacing Company Pension Plan

Data updated 2026-08-25

$80M
Total assets Below avg plan size
436
Participants Below avg headcount
89th
Percentile by assets National rank
$184,513
Avg per participant Above avg balance/head
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Official DOL plan name: Flexco Pension Plan · Sponsored by Flexible Steel Lacing Company · Illinois · Manufacturing

$80M in assets, 436 participants

Flexible Steel Lacing Company's Flexco Pension Plan reported $80M in total assets and 436 participants in its 2024 DOL Form 5500 filing, ranking in the 89th 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.

  • #14,836 in Manufacturing (17,777 peers)

Where Flexco Pension Plan sits by assets

Flexco Pension Plan sits in the top quartile of all filed plans by assets, $80M for 436 participants (~$184,513/participant), up 1.4% in 2024.

#14,836
in Manufacturing (17,777 peers)
+1.4%
assets growth YoY
0.8×
vs typical plan assets (national mean)

Flexco Pension Plan's outsized position by total assets

Flexco Pension Plan vs every filed plan by assets

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

$80,447,825 Top 11% higher than 89% 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

Flexco Pension 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. Flexco Pension Plan sits mid-pack in the medium band (436 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Flexco Pension Plan reported net income fell from $5M in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • Flexco Pension Plan reported participants rose from 408 in the plan year 2023 filing to 436 in the plan year 2024 filing.
  • Flexco Pension Plan end-of-year assets rose from $79M in the plan year 2023 filing to $80M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 361085010 · Flexible Steel Lacing Company PY 2024 · Defined Benefit (Pension)

Flexco Pension Plan · $80M · 436 · 89th

  • EBSA $80M
  • PART 436
  • TYPE 89th
  • NET Defined Benefit (Pension)
  • BOOK near Sheet Metal Workers Local Pension Plan
  • VS-ST ind #14836

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 Illinois →

Flexco Pension Plan in the asset neighbourhood

IBEW Local No. 143 Pension PlanIBEW Local No. 143 Pension P…$80MSheet Metal Workers Local Pension PlanSheet Metal Workers Local Pe…$80MFlexco Pension Plan$80MMajor League Baseball Pension Plan for Non-Uniformed PersonnelMajor League Baseball Pensio…$80MFirst Merchants Corporation Retirement Pension PlanFirst Merchants Corporation …$80M
End-of-year total assets ($M) among Flexco Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$79M
Net Assets (End of Year)$80M
Net Income$1M
Employer EIN361085010
Plan Effective Date1943-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Flexible Steel Lacing Company)

Sponsor-wide plan assets over time

All Flexible Steel Lacing Company plans reported in each filing year

Latest sponsor-wide plan assets
$185M 18.02017851857362% vs 2022
2024 filing year
$150M$160M$170M$180M$190M 202220232024 $157M $185M ▲ +18.0%
Year Plans Participants Total Assets
2022 2 834 $157M
2023 2 889 $175M
2024 2 904 $185M

Nearby Defined Benefit (Pension) Plans in Illinois

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

Flexco Pension Plan vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000001000020000300004000050000 -200204060 Total assets ($B) Participants Flexco Pension Plan, Total assets ($B): 0.080447825 · Participants: 436Flexco Pension PlanCentral States, Southeast & Southwest Areas Pension Plan, Total assets ($B): 48.22071058 · Participants: 36799Central States, Southeast & Southwest Areas Pension PlanState Farm Insurance Companies Retirement Plan for United States Employees, Total assets ($B): 37.736369487 · Participants: 41619State Farm Insurance Companies Retirement Plan for United States EmployeesGE Healthcare Pension Plan, Total assets ($B): 13.74052931 · Participants: 5554GE Healthcare Pension PlanAbbott Laboratories Annuity Retirement Plan, Total assets ($B): 8.591907247 · Participants: 17875Abbott Laboratories Annuity Retirement PlanUnited Food & Commercial Workers Intl Union - Industry Pension Fund, Total assets ($B): 8.17675965 · Participants: 20984United Food & Commercial Workers Intl Union - Industry Pension Fund
Flexco Pension Plan vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants

Flexco Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Illinois, the nearest Defined Benefit (Pension) by assets is Sheet Metal Workers Local Pension Plan in OH ($80M); by covered participants it is Front Porch Retirement Income Plan in CA (436 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (436 participants); asset peers above are excluded.

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 Flexco Pension Plan assets move in 2024?
Flexco Pension Plan edged up modestly - up 1.4% during 2024, from $79M to $80M. Reported net income was $1M.
How have Flexible Steel Lacing Company plan assets changed over time?
Across 3 plan years on file (2022-2024), Flexible Steel Lacing Company's sponsor-wide assets grew 18.0%, from $157M to $185M.
Where does Flexco Pension Plan rank by assets among Form 5500 filers?
Flexco Pension Plan ranks in the 89th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Flexco Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Sheet Metal Workers Local Pension Plan in OH ($80M, 670 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Flexco Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Front Porch Retirement Income Plan in CA (436 participants, $54M in assets).