Barnes Group Inc. Pension Plan For Hourly Rate Employees - Milwaukee Division — Form 5500 plan (Barnes Group Inc.)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Barnes Group Inc. Pension Plan For Hourly Rate Employees - Milwaukee Division is a benefit plan reported by Barnes Group Inc. under EIN 06-0247840 and plan number 004. The latest loaded filing year is 2023. The filing reports 76 participants and $4,617,004 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$4.6MPlan net assets, end of year$4,615,377
Participants76Covered participants reported
Assets / participant$60.8KComputed: assets ÷ participants$60,750 (computed)
Provider compensationNone reported
Plan sponsor
Barnes Group Inc.
EIN
06-0247840
Plan number
004
Plan type
2
Location
Bristol, CT
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202376I20241010141229NAL0011576595001
Schedule I · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$4.6M total assets
Net assets$4.6MLiabilities$1.6K
Money in vs. money out
Total income / additions$919.4K
Total expenses$350K
Benefits paid / distributions$239.5K
Contributions
Employer$411.1K
ParticipantNot reported
Full reported line items

Net assets

Total assets (EOY)
$4,617,004
Total liabilities (EOY)
$1,627
Net assets (EOY)
$4,615,377
Net assets (BOY)
$4,045,928

Income & contributions

Employer contributions
$411,108
Total income / additions
$919,416

Expenses & distributions

Benefits paid
$239,547
Total expenses
$349,967
Net increase / (decrease)
$569,449
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Total expenses ÷ net assets8%Computed ratio
Benefits paid ÷ total income26%Computed ratio

Service provider compensation (Schedule C)

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages