Defined Benefit (Pension) · DOL Form 5500 · 2024
US Magnesium LLC Pension Plan
Data updated 2026-08-25
- $24M
- Total assets Small plan by assets
- 36
- Participants Small participant base
- 74th
- Percentile by assets National rank
- $680,180
- Avg per participant High balance/head
Official DOL plan name: US Magnesium LLC Hourly Defined Benefit Pension Plan · Sponsored by US Magnesium LLC · Utah · Manufacturing
$24M in assets, 36 participants
US Magnesium LLC's US Magnesium LLC Hourly Defined Benefit Pension Plan reported $24M in total assets and 36 participants in its 2024 DOL Form 5500 filing, ranking in the 74th 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.
- #11,436 in Manufacturing (17,777 peers)
US Magnesium LLC multi-year trail
US Magnesium LLC's plans moved -18.5% in assets from 2022 to 2024; this filing shows US Magnesium LLC Hourly Defined Benefit Pension Plan at $24M / 36 participants.
- #11,436
- in Manufacturing (17,777 peers)
- -13.1%
- assets change YoY
The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
US Magnesium LLC Hourly Defined Benefit Pension Plan's outsized position by total assets
US Magnesium LLC Hourly Defined Benefit Pension Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$24,486,473 Top 26% higher than 74% 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
US Magnesium LLC Hourly Defined Benefit 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. US Magnesium LLC Hourly Defined Benefit Pension Plan is a small filing (36 participants) on this national headcount ladder.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- US Magnesium LLC Hourly Defined Benefit Pension Plan reported net income rose from -$6M in the plan year 2023 filing to -$4M in the plan year 2024 filing.
- US Magnesium LLC Hourly Defined Benefit Pension Plan reported participants fell from 48 in the plan year 2023 filing to 36 in the plan year 2024 filing.
- US Magnesium LLC Hourly Defined Benefit Pension Plan end-of-year assets fell from $28M in the plan year 2023 filing to $24M in the plan year 2024 filing.
EBSA filing schedule strip
Filing strip 010705446 · US Magnesium LLC PY 2024 · Defined Benefit (Pension)
US Magnesium LLC Hourly Defined Benefit Pension Plan · $24M · 36 · 74th
- BOY $24M
- BOY 36
- BOY 74th
- BOY Defined Benefit (Pension)
- BOY near Defined Benefit Pension Plan of Nyack Hospital
- BOY ind #11436
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 Utah →
US Magnesium LLC Hourly Defined Benefit Pension Plan in the asset neighbourhood
US Magnesium LLC multi-year asset trail
Sponsor-wide plan assets over time
All US Magnesium LLC plans reported in each filing year
- Latest sponsor-wide plan assets
- $66M 18.495045563043472% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 487 | $80M |
| 2023 | 3 | 371 | $76M |
| 2024 | 3 | 309 | $66M |
US Magnesium LLC filing trail (2024)
| Total Assets (Beginning of Year) | $28M |
|---|---|
| Net Assets (End of Year) | $24M |
| Net Income | -$4M |
| Employer EIN | 010705446 |
| Plan Effective Date | 1980-11-01 |
| Filing Status | FILING RECEIVED |
Nearby Defined Benefit (Pension) Plans in Utah
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- Deseret Mutual Master Retirement Plan $7.1B · 10,478
- Intermountain Healthcare Pension Plan $3.4B · 26,724
- Rio Tinto America Inc. Retirement Plan $916M · 1,564
- America First Credit Union Pension Plan $600M · 2,645
- Retail Food Employers & Ufcw Local 711 Pension $367M · 8,046
US Magnesium LLC Hourly Defined Benefit Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Utah, the nearest Defined Benefit (Pension) by assets is Defined Benefit Pension Plan of Nyack Hospital in NY ($24M); by covered participants it is Defined Benefit Plan for Employees of Epic in IL (36 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($24M here).
Similar participant headcount
Nearest other-state filings by covered participants (36 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.