Defined Benefit (Pension)
2022 plan-year Defined Benefit (Pension) DOL Form 5500

MG RETIREMENT PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

GEA NORTH AMERICA, INC.

This Defined Benefit (Pension) plan holds $12M in total assets and serves N/A participants as of 2022. It is sponsored by GEA NORTH AMERICA, INC. in Maryland. The plan reported a net loss of $3M for the year.

Total Assets (2023)
$12M
Participants
N/A
State
Industry
Finance & Insurance

What the Filing Says About MG RETIREMENT PLAN

MG RETIREMENT PLAN is a Defined Benefit (Pension) retirement plan sponsored by GEA NORTH AMERICA, INC., headquartered in Maryland. As of the 2022 Form 5500 filing, the plan reports $12M in total end-of-year assets and covers N/A participants across the Finance & Insurance industry. The sponsor's EIN on file with the U.S. Department of Labor is 510386399, and the plan has been effective since 1958-09-29. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $15M at the beginning of 2022 to $12M at year-end — a decline of 21.8%. Net assets (after liabilities) closed the year at $12M, with reported net income of $-3,249,439 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.

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.

Financial Summary (2023)

Total Assets (Beginning of Year)$15M
Total Assets (End of Year)$12M
Net Assets (End of Year)$12M
Net Income$-3,249,439
Plan TypeDefined Benefit (Pension)
Employer EIN510386399
Plan Effective Date1958-09-29
Filing StatusFILING RECEIVED

Sponsor Plan History (GEA NORTH AMERICA, INC.)

Year Plans Participants Total Assets
2022 2 1,207 $12M
2023 1 N/A $12M
2024 1 N/A $12M

Nearby Defined Benefit (Pension) Plans in Maryland

Peer Defined Benefit (Pension) plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the MG RETIREMENT PLAN?
As of the 2022 Form 5500 filing, MG RETIREMENT PLAN holds $12M in total assets with N/A participants. It is sponsored by GEA NORTH AMERICA, INC..
What type of plan is MG RETIREMENT PLAN?
MG RETIREMENT PLAN is a Defined Benefit (Pension) plan. It has been effective since 1958-09-29. The plan is filed with the U.S. Department of Labor under EIN 510386399.
Who sponsors the MG RETIREMENT PLAN?
MG RETIREMENT PLAN is sponsored by GEA NORTH AMERICA, INC., located in Maryland. The sponsor's EIN is 510386399 and the plan operates in the Finance & Insurance industry.
How did MG RETIREMENT PLAN perform in 2022?
MG RETIREMENT PLAN declined by 21.8% during 2022, moving from $15M to $12M in total assets. Net income was $-3,249,439.
Where can I find official filings for MG RETIREMENT PLAN?
Official Form 5500 filings for MG RETIREMENT PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 510386399 or plan name at efast.dol.gov.
How does MG RETIREMENT PLAN compare to other plans?
You can compare MG RETIREMENT PLAN against other Defined Benefit (Pension) plans on the plan type page, or view plans in Maryland on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 510386399.

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.

Data sourced from official public datasets. See our methodology for details.