Defined Benefit (Pension) · DOL Form 5500 · 2024
Stepan Company Pension Plan
Data updated 2026-08-06
- $98M
- Total assets
- 150
- Participants
- 90th
- Percentile by assets
- $650,634
- Avg per participant
Official DOL plan name: Stepan Company Retirement Plan for Salaried Employees · Sponsored by Stepan Company · Illinois · Manufacturing
$98M in assets, 150 participants
Stepan Company's Stepan Company Retirement Plan for Salaried Employees reported $98M in total assets and 150 participants in its 2024 DOL Form 5500 filing, ranking in the 90th 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.
- 90th percentile by assets (of 116,472 plans)
- #14,419 in Manufacturing (16,886 peers)
Coverage in Illinois
Stepan Company Retirement Plan for Salaried Employees covers 150 participants in Illinois, about 20% of the average Illinois filer (state average ~768 per filing). Assets: $98M.
- $98M
- total plan assets (2024 EOY)
- 150
- covered participants
- 90th
- percentile by assets (of 116,472 plans)
- $650,634
- avg assets per participant
The plan reported a net loss of $10M 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
- Stepan Company Retirement Plan for Salaried Employees reported net income fell from $2M in the plan year 2023 filing to -$10M in the plan year 2024 filing.
- Stepan Company Retirement Plan for Salaried Employees reported participants fell from 208 in the plan year 2023 filing to 150 in the plan year 2024 filing.
- Stepan Company Retirement Plan for Salaried Employees end-of-year assets fell from $107M in the plan year 2023 filing to $98M in the plan year 2024 filing.
Participants vs Illinois filers
In Illinois, the average filing covers about 768 participants across 5,440 plans. Stepan Company Retirement Plan for Salaried Employees reports 150 participants - about 20% of that state average ($98M EOY assets).
Illinois filing particulars
| Total Assets (Beginning of Year) | $107M |
|---|---|
| Net Assets (End of Year) | $98M |
| Net Income | -$10M |
| Employer EIN | 361823834 |
| Plan Effective Date | 1943-12-15 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Stepan Company)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 5 | 2,847 | $562M |
| 2023 | 5 | 2,836 | $595M |
| 2024 | 5 | 2,748 | $564M |
Nearby Defined Benefit (Pension) Plans in Illinois
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Stepan Company Retirement Plan for Salaried Employees 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
- Exelon Corporation Retirement Program $6.1B · 8,898
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Stepan Company Retirement Plan for Salaried Employees by total assets, not by location.
Frequently Asked Questions
How did Stepan Company Retirement Plan for Salaried Employees assets move in 2024? ▼
How have Stepan Company plan assets changed over time? ▼
Where does Stepan Company Retirement Plan for Salaried Employees rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Stepan Company Retirement Plan for Salaried Employees? ▼
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Filing takeaways
Ways to act on Stepan Company Retirement Plan for Salaried Employees's numbers.
- By total assets, Stepan Company Retirement Plan for Salaried Employees 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 Illinois. Compare plans
- Stepan Company's sponsor-wide assets have grown 0.4% since 2022 across 3 plan years on file. More Manufacturing plans