Defined Benefit (Pension) · DOL Form 5500 · 2024
Gea Farm Technologies, Inc. Pension Plan
Data updated 2026-08-11
- $22M
- Total assets
- 34
- Participants
- 72nd
- Percentile by assets
- $639,096
- Avg per participant
Official DOL plan name: Babson Bros. Co. Pension Plan · Sponsored by Gea Farm Technologies, Inc. · Illinois · Wholesale Trade
$22M in assets, 34 participants
Gea Farm Technologies, Inc.'s Babson Bros. Co. Pension Plan reported $22M in total assets and 34 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)
- #4,152 in Wholesale Trade (6,080 peers)
What the 2024 filing shows
Babson Bros. Co. Pension Plan holds $22M for 34 participants - about $639,096 per participant, above the median plan by assets.
- $22M
- total plan assets (2024 EOY)
- 34
- covered participants
- 72nd
- percentile by assets (of 123,622 plans)
- $639,096
- avg assets per participant
The plan reported a net loss of $210K 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
- Babson Bros. Co. Pension Plan reported net income fell from $397K in the plan year 2023 filing to -$210K in the plan year 2024 filing.
- Babson Bros. Co. Pension Plan reported participants fell from 39 in the plan year 2023 filing to 34 in the plan year 2024 filing.
- Babson Bros. Co. Pension Plan end-of-year assets fell from $22M in the plan year 2023 filing to $22M in the plan year 2024 filing.
Defined Benefit (Pension) filing for Babson Bros. Co. Pension Plan
Defined Benefit (Pension) filing for plan year 2024: EIN 364037707 ; effective since 1965-11-01 ; filing status FILING RECEIVED. Verify the certified figures on DOL EFAST2.
Filing particulars (2024)
| Total Assets (Beginning of Year) | $22M |
|---|---|
| Net Assets (End of Year) | $22M |
| Net Income | -$210K |
| Employer EIN | 364037707 |
| Plan Effective Date | 1965-11-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Gea Farm Technologies, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 47 | $22M |
| 2023 | 1 | 39 | $22M |
| 2024 | 1 | 34 | $22M |
Nearby Defined Benefit (Pension) Plans in Illinois
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Babson Bros. Co. Pension Plan vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants
- Central States, Southeast & Southwest Areas Pension Plan $48.2B · 36,799
- State Farm Insurance Companies Retirement Plan for United States Employees $37.7B · 41,619
- GE Healthcare Pension Plan $13.7B · 5,554
- Abbott Laboratories Annuity Retirement Plan $8.6B · 17,875
- United Food & Commercial Workers Intl Union - Industry Pension Fund $8.2B · 20,984
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Babson Bros. Co. Pension Plan by total assets, not by location.
- Heritage Family Federal Credit Union Defined Benefit Plan and Trust (VT) $22M · 104
- National Western Life Insurance Company Pension Plan (TX) $22M · 54
- American Farm Bureau Federation and Affiliated Companies Employees' Retirement Plan (DC) $22M · 99
- The Fiesta Tableware Company Salaried Employees Pension Plan (WV) $22M · 66
Frequently Asked Questions
How did Babson Bros. Co. Pension Plan assets move in 2024? ▼
How have Gea Farm Technologies, Inc. plan assets changed over time? ▼
Which Defined Benefit (Pension) plans are similar in size to Babson Bros. Co. Pension Plan? ▼
Next read for Babson Bros. Co. Pension Plan
Filing takeaways
Ways to act on Babson Bros. Co. Pension Plan's numbers.
- By total assets, Babson Bros. Co. Pension 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 Illinois. Compare plans
- Gea Farm Technologies, Inc.'s sponsor-wide assets have grown 0.9% since 2022 across 3 plan years on file. More Wholesale Trade plans