Defined Benefit (Pension) Β· DOL Form 5500 Β· 2024
Avx Pension Plan for Bargaining Unit and Hourly Employees
Data updated 2026-05-15
- $25M
- Total assets
- 128
- Participants
- 74th
- Percentile by assets
- $195,493
- Avg per participant
Sponsored by Kyocera Avx Components Corporation Β· South Carolina Β· Manufacturing
What the 2024 filing shows
Avx Pension Plan for Bargaining Unit and Hourly Employees holds $25M for 128 participants - about $195,493 per participant, above the median plan by assets, down 6.9% over the 2024 plan year.
- $25M
- total plan assets (2024 EOY)
- 128
- covered participants
- 74th
- percentile by assets (of 116,472 plans)
- $195,493
- avg assets per participant
The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Defined Benefit (Pension) Β· DOL Form 5500 Β· 2024
What the Filing Says About Avx Pension Plan for Bargaining Unit and Hourly Employees
Avx Pension Plan for Bargaining Unit and Hourly Employees is a Defined Benefit (Pension) retirement plan sponsored by Kyocera Avx Components Corporation, headquartered in South Carolina. According to the U.S. Department of Labor's 2024 Form 5500 filing, the plan reports $25M in total end-of-year assets and covers 128 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 330379007, and the plan has been effective since 1975-07-01. Its filing status is currently FILING RECEIVED.
Year over year, total assets pulled back noticeably from $27M at the beginning of 2024 to $25M at year-end - down 6.9%. Net assets (after liabilities) closed the year at $25M, with reported net income of -$2M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.
Across the 3 plan years Kyocera Avx Components Corporation has on file with PlainRetire (2022-2024), sponsor-wide plan assets have moved from $219M to $260M, a gain of 18.6%, while reported participants moved from 1,482 to 1,571 (+6.0%). The strongest year on file by total sponsor assets was 2024 at $260M; the softest was 2022 at $219M. Year-by-year, sponsor-wide filings show: 2022 - $219M in assets across 3 plans covering 1,482 participants; 2023 - $240M in assets across 3 plans covering 1,379 participants; 2024 - $260M in assets across 3 plans covering 1,571 participants.
Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows, a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.
How the percentile is calculated: we count every plan that filed a 2024 Form 5500 with a reported end-of-year asset figure (116,472 plans), rank Avx Pension Plan for Bargaining Unit and Hourly Employees against all of them by total assets, and report the share of those plans it outranks. A plan reporting no asset figure for the year is excluded from the ranking rather than assumed to be zero.
Financial Summary (2024)
| Total Assets (Beginning of Year) | $27M |
|---|---|
| Total Assets (End of Year) | $25M |
| Net Assets (End of Year) | $25M |
| Net Income | -$2M |
| Plan Type | Defined Benefit (Pension) |
| Employer EIN | 330379007 |
| Plan Effective Date | 1975-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Kyocera Avx Components Corporation)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 1,482 | $219M |
| 2023 | 3 | 1,379 | $240M |
| 2024 | 3 | 1,571 | $260M |
Nearby Defined Benefit (Pension) Plans in South Carolina
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- The Savannah River Nuclear Solutions, LLC Multiple Employer Pension Plan $3.7B Β· 1,749
- Non-Contributory Retirement Program for Certain Empl of Bcbssc $1.2B Β· 4,087
- Kennametal Inc. Retirement Income Plan $511M Β· 495
- Devro Employees Pension Plan $60M Β· 56
- The Spirax Sarco, Inc. Pension Plan $58M Β· 189
Frequently Asked Questions
How much money is in the Avx Pension Plan for Bargaining Unit and Hourly Employees? ▼
What type of plan is Avx Pension Plan for Bargaining Unit and Hourly Employees? ▼
Who sponsors the Avx Pension Plan for Bargaining Unit and Hourly Employees? ▼
How did Avx Pension Plan for Bargaining Unit and Hourly Employees perform in 2024? ▼
What this filing means
Ways to act on Avx Pension Plan for Bargaining Unit and Hourly Employees's numbers.
- By total assets, Avx Pension Plan for Bargaining Unit and Hourly Employees ranks above the median plan by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in South Carolina. Compare plans
- Kyocera Avx Components Corporation's sponsor-wide assets have grown 18.6% since 2022 across 3 plan years on file. More Manufacturing plans
- A Defined Benefit (Pension) plan works differently from other retirement plan types, understand the structural differences before comparing. Compare plan types
Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.
Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 330379007.
Reference: IRS Publication 560, Retirement Plans for Small Business, contribution-limit rules.
Reference: IRS Publication 590-B, Distributions from IRAs, RMD rules under SECURE Act 2.0.
Read our methodology - how this data is sourced, computed, and verified.
Every figure on PlainRetire is rendered directly from the Department of Labor's Form 5500 annual return filings, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-05-15.