Defined Benefit (Pension) · DOL Form 5500 · 2024
Channellock, Inc. Pension Plan
Data updated 2026-08-11
- $47M
- Total assets
- 78
- Participants
- 83rd
- Percentile by assets
- $597,195
- Avg per participant
Official DOL plan name: Retirement Plan for Employees of Channellock, Inc · Sponsored by Channellock, Inc. · Pennsylvania · Manufacturing
$47M in assets, 78 participants
Channellock, Inc.'s Retirement Plan for Employees of Channellock, Inc reported $47M in total assets and 78 participants in its 2024 DOL Form 5500 filing, ranking in the 83rd 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.
- 83rd percentile by assets (of 123,622 plans)
- #13,573 in Manufacturing (17,777 peers)
Where Retirement Plan for Employees of Channellock, Inc sits by assets
Retirement Plan for Employees of Channellock, Inc sits in the top quartile of all filed plans by assets, $47M for 78 participants (~$597,195/participant), up 11.0% in 2024.
- $47M
- total plan assets (2024 EOY)
- 78
- covered participants
- 83rd
- percentile by assets (of 123,622 plans)
- $597,195
- avg assets per participant
Where Retirement Plan for Employees of Channellock, Inc sits by total assets
Retirement Plan for Employees of Channellock, Inc vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$46,581,208 Top 17% higher than 83% 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
- Retirement Plan for Employees of Channellock, Inc reported net income rose from $2M in the plan year 2023 filing to $5M in the plan year 2024 filing.
- Retirement Plan for Employees of Channellock, Inc reported participants fell from 89 in the plan year 2023 filing to 78 in the plan year 2024 filing.
- Retirement Plan for Employees of Channellock, Inc end-of-year assets rose from $42M in the plan year 2023 filing to $47M in the plan year 2024 filing.
Retirement Plan for Employees of Channellock, Inc vs the 2024 asset distribution
By assets, Retirement Plan for Employees of Channellock, Inc outranks 83% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.5x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $42M |
|---|---|
| Net Assets (End of Year) | $47M |
| Net Income | $5M |
| Employer EIN | 250399850 |
| Plan Effective Date | 1950-11-24 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Channellock, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 4 | 684 | $70M |
| 2023 | 4 | 652 | $72M |
| 2024 | 4 | 585 | $79M |
Nearby Defined Benefit (Pension) Plans in Pennsylvania
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- National Elevator Industry Pension Plan $12.2B · 28,308
- Steelworkers Pension Trust $7.2B · 46,110
- The PNC Financial Services Group, Inc. Pension Plan $5.5B · 58,779
- The Bank of New York Mellon Corporation Pension Plan $5.2B · 6,387
- Constellation Retirement Program $5.0B · 4,809
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Retirement Plan for Employees of Channellock, Inc by total assets, not by location.
Frequently Asked Questions
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Ways to act on Retirement Plan for Employees of Channellock, Inc's numbers.
- By total assets, Retirement Plan for Employees of Channellock, Inc ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Pennsylvania. Compare plans
- Channellock, Inc.'s sponsor-wide assets have grown 12.6% since 2022 across 3 plan years on file. More Manufacturing plans