Albany International 401(k) and pension plans

Albany International Corp., Rochester, NH. EIN 14-0462060. Annual reports 2009–2024. Also filed as Albany International Corp.

Albany International Corp. has 2 active retirement plans on file. The largest is the Albany International Corp. Prosperity Plus Savings Plan, with 3,074 participants and $481 million in assets in 2024. Vanguard has been its recordkeeper since 2009.

Active plans
2
Participants
3,074
Plan assets
$483 million
401(k) recordkeeper
Vanguard
Plans on file
3
Industry
Manufacturing

All 3 plans

Active plans first

Albany International Corp. Prosperity Plus Savings Plan

401(k) with ESOPActive

Active. The plan filed its annual report for the 2024 plan year.

Plan number
025Employer EIN 14-0462060
Participants (2024)
3,074
Net assets (2024)
$481 million
Recordkeeper
Vanguard2009–2024
Plan administrator
Albany International Corp. Employee Benefits Committee
216 Airport Drive
Rochester, NH 03867
(518) 445-2200As filed for 2024
In effect since
July 1, 1998

Plans merged into this one: Texas Composite, Inc. Employees' 401(k) Profit Sharing Plan and Trust (2009).

Earlier plan names: Albany International Corp Prosperity Plus Savings Plan; Albany International Corp. Prosperity Plus Savings.

Year by year, 2009 to 2024
Plan yearParticipantsNet assetsRecordkeeper
20243,074$481 millionVanguard
20232,948$448 millionVanguard
20222,792$398 millionVanguard
20212,646$468 millionVanguard
20202,990$422 millionVanguard
20193,020$384 millionVanguard
20182,858$323 millionVanguard
20172,711$342 millionVanguard
20162,596$293 millionVanguard
20152,057$279 millionVanguard
20142,033$284 millionVanguard
20132,092$273 millionVanguard
20122,016$231 millionVanguard
20112,097$228 millionVanguard
20102,035$229 millionVanguard
20092,159$222 millionVanguard

Albany International Corp. Pension Plus Plan

Pension (defined benefit), frozenActive

Active. The plan filed its annual report for the 2024 plan year.

Plan number
001Employer EIN 14-0462060
Participants (2024)
0
Net assets (2024)
$1.7 million
Last listed administrator
Briggs and Morgan2011–2017
Plan administrator
Compensation Committee of the Board of Directors Albany International
216 Airport Drive
Rochester, NH 03867
(603) 330-5800As filed for 2024
In effect since
January 1, 1971
Year by year, 2009 to 2024
Plan yearParticipantsNet assetsRecordkeeper
20240$1.7 millionnot listed
20230$629,550not listed
20220$506,376not listed
2021913$110 millionnot listed
2020909$106 millionnot listed
2019911$95.9 millionnot listed
2018918$82.1 millionnot listed
2017920$91.0 millionBriggs and Morgan
2016920$79.7 millionBriggs and Morgan
2015923$76.9 millionBriggs and Morgan
2014922$81.4 millionBriggs and Morgan
20131,363$74.9 millionBriggs and Morgan
20121,346$83.1 millionBriggs and Morgan
20112,857$236 millionBriggs and Morgan
20102,899$183 millionnot listed
20092,928$174 millionnot listed

Texas Composite, Inc. Employees' 401(k) Profit Sharing Plan and Trust

401(k)Merged

Merged. In 2009 its assets moved to the Albany International Corp Prosperity Plus Savings Plan, sponsored by Albany International Corp. (EIN 14-0462060, plan 025). Accounts moved with them, so that plan is the one to contact.

Plan number
026Employer EIN 14-0462060
Plan administrator
Compensation Committee of the Board of Directors Albany International
P.O. Box 1907
Albany, NY 12201
(518) 445-2200As filed for 2009
In effect since
January 1, 1996

If you had money in one of these plans

  1. Call Vanguard (investor.vanguard.com), which runs the Albany International Corp. Prosperity Plus Savings Plan. With your Social Security number and the plan name, it can tell you whether you still have a balance and, if not, where it went.
  2. Or call the plan administrator listed on the plan below ((518) 445-2200). That number was filed for 2024; ask for the benefits or retirement plan office.
  3. If your plan was merged, your account moved with it. Follow the link on the plan to the plan it went into, and contact that one.
  4. Still stuck? The Department of Labor's benefits advisers help for free: askebsa.dol.gov or 1-866-444-3272. Never pay anyone to find your own money.

What these numbers are

Sources: U.S. Department of Labor, Form 5500 datasets and PBGC trusteed plans. How we read them.

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