Defined Benefit (Pension) · DOL Form 5500 · 2024
Master Lock Company LLC Pension Plan
Data updated 2026-08-25
- $51M
- Total assets Below avg plan size
- 79
- Participants Small participant base
- 84th
- Percentile by assets National rank
- $642,100
- Avg per participant High balance/head
Official DOL plan name: Master Lock Pension Plan · Sponsored by Master Lock Company LLC · Wisconsin · Manufacturing
$51M in assets, 79 participants
Master Lock Company LLC's Master Lock Pension Plan reported $51M in total assets and 79 participants in its 2024 DOL Form 5500 filing, ranking in the 84th 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.
- #13,809 in Manufacturing (17,777 peers)
Where Master Lock Pension Plan sits by assets
Master Lock Pension Plan sits in the top quartile of all filed plans by assets, $51M for 79 participants (~$642,100/participant), down 74.7% in 2024.
- #13,809
- in Manufacturing (17,777 peers)
- -74.7%
- assets change YoY
- 0.5×
- vs typical plan assets (national mean)
The plan reported a net loss of $150M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Master Lock Pension Plan's outsized position by total assets
Master Lock Pension Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$50,725,914 Top 16% higher than 84% 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
Master Lock Pension Plan among smaller filed plans by headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Master Lock Pension Plan is a small filing (79 participants) on this national headcount ladder.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Master Lock Pension Plan reported net income fell from -$7M in the plan year 2023 filing to -$150M in the plan year 2024 filing.
- Master Lock Pension Plan end-of-year assets fell from $201M in the plan year 2023 filing to $51M in the plan year 2024 filing.
- Master Lock Pension Plan reported participants fell from 97 in the plan year 2023 filing to 79 in the plan year 2024 filing.
EBSA filing schedule strip
Filing strip 391142433 · Master Lock Company LLC PY 2024 · Defined Benefit (Pension)
Master Lock Pension Plan · $51M · 79 · 84th
- BOOK $51M
- BOOK 79
- BOOK 84th
- BOOK Defined Benefit (Pension)
- BOOK near Vesuvius USA Corporation Pension Plan
- BOOK ind #13809
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 Wisconsin →
Master Lock Pension Plan in the asset neighbourhood
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $201M |
|---|---|
| Net Assets (End of Year) | $51M |
| Net Income | -$150M |
| Employer EIN | 391142433 |
| Plan Effective Date | 1959-06-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Master Lock Company LLC)
Sponsor-wide plan assets over time
All Master Lock Company LLC plans reported in each filing year
- Latest sponsor-wide plan assets
- $51M 77.3952963238539% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 427 | $225M |
| 2023 | 3 | 402 | $218M |
| 2024 | 3 | 207 | $51M |
Nearby Defined Benefit (Pension) Plans in Wisconsin
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- Building Trades United Pension Trust Fund Milwaukee and Vicinity $3.5B · 10,236
- The Northwestern Mutual Employee Retirement Plan $3.3B · 8,254
- The Northwestern Mutual Life Insurance Company Agents Retirement Plan $2.1B · 7,653
- Harley-Davidson Retirement Plan $1.9B · 1,414
- North Central States Regional Council of Carpenters Pension Fund $1.8B · 5,105
Master Lock Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Wisconsin, the nearest Defined Benefit (Pension) by assets is Vesuvius USA Corporation Pension Plan in NC ($51M); by covered participants it is Glasgow, Inc. Pension Plan in PA (79 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($51M here).
Similar participant headcount
Nearest other-state filings by covered participants (79 participants); asset peers above are excluded.
- Glasgow, Inc. Pension Plan (PA) 79 · 0 off
- Fulton Financial Affiliates Defined Benefit Pension Plan (PA) 79 · 0 off
- The Steinway Musical Pension Plan (NY) 79 · 0 off
- Interstate Batteries Employees Pension Plan (TX) 79 · 0 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.