Defined Benefit (Pension) · DOL Form 5500 · 2024
Stepan Company Pension Plan
Data updated 2026-08-11
- $3M
- Total assets
- 16
- Participants
- 34th
- Percentile by assets
- $188,860
- Avg per participant
Official DOL plan name: Stepan Company Retirement Plan for Maywood Hourly Employees · Sponsored by Stepan Company · Illinois · Manufacturing
$3M in assets, 16 participants
Stepan Company's Stepan Company Retirement Plan for Maywood Hourly Employees reported $3M in total assets and 16 participants in its 2024 DOL Form 5500 filing, ranking in the 34th 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.
- 34th percentile by assets (of 123,622 plans)
- #3,152 in Manufacturing (17,777 peers)
What the 2024 filing shows
Stepan Company Retirement Plan for Maywood Hourly Employees holds $3M for 16 participants - about $188,860 per participant, in the lower half of filed plans by assets.
- $3M
- total plan assets (2024 EOY)
- 16
- covered participants
- 34th
- percentile by assets (of 123,622 plans)
- $188,860
- avg assets per participant
The plan reported a net loss of $139K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Where Stepan Company Retirement Plan for Maywood Hourly Employees sits by total assets
Stepan Company Retirement Plan for Maywood Hourly Employees vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$3,021,755 34th percentile higher than 34% 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
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Stepan Company Retirement Plan for Maywood Hourly Employees reported net income fell from -$66K in the plan year 2023 filing to -$139K in the plan year 2024 filing.
- Stepan Company Retirement Plan for Maywood Hourly Employees end-of-year assets fell from $3M in the plan year 2023 filing to $3M in the plan year 2024 filing.
Defined Benefit (Pension) filing for Stepan Company Retirement Plan for Maywood Hourly Employees
Defined Benefit (Pension) filing for plan year 2024: EIN 361823834 ; effective since 1962-01-01 ; filing status FILING RECEIVED. Verify the certified figures on DOL EFAST2.
Filing particulars (2024)
| Total Assets (Beginning of Year) | $3M |
|---|---|
| Net Assets (End of Year) | $3M |
| Net Income | -$139K |
| Employer EIN | 361823834 |
| Plan Effective Date | 1962-01-01 |
| 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 Maywood Hourly 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
- 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 Stepan Company Retirement Plan for Maywood Hourly Employees by total assets, not by location.
Frequently Asked Questions
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Filing takeaways
Ways to act on Stepan Company Retirement Plan for Maywood Hourly Employees's numbers.
- By total assets, Stepan Company Retirement Plan for Maywood Hourly Employees ranks in the lower half of 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