Profit Sharing · DOL Form 5500 · 2022
Trustees of Local 743 Ib of T Profit Sharing Plan
Data updated 2026-08-11
- $14M
- Total assets
- 3,072
- Participants
- 71st
- Percentile by assets
- $4,465
- Avg per participant
Official DOL plan name: Local 743 Severance and Retirement Plan · Sponsored by Trustees of Local 743 Ib of T · Illinois · Transportation & Warehousing
$14M in assets, 3,072 participants
Trustees of Local 743 Ib of T's Local 743 Severance and Retirement Plan reported $14M in total assets and 3,072 participants in its 2022 DOL Form 5500 filing, ranking in the 71st 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.
- 71st percentile by assets (of 139,126 plans)
- #2,810 in Transportation & Warehousing (3,876 peers)
Coverage in Illinois
Local 743 Severance and Retirement Plan covers 3,072 participants in Illinois, 3.9x the typical Illinois plan (state average ~779 per filing). Assets: $14M.
- $14M
- total plan assets (2022 EOY)
- 3,072
- covered participants
- 71st
- percentile by assets (of 139,126 plans)
- $4,465
- avg assets per participant
The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs Illinois filers
In Illinois, the average filing covers about 779 participants across 5,745 plans. Local 743 Severance and Retirement Plan reports 3,072 participants - 3.9x that state average ($14M EOY assets).
Illinois filing particulars
| Total Assets (Beginning of Year) | $17M |
|---|---|
| Net Assets (End of Year) | $14M |
| Net Income | -$3M |
| Employer EIN | 366523353 |
| Plan Effective Date | 1973-05-16 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Trustees of Local 743 Ib of T)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 3,072 | $14M |
| 2023 | 1 | 3,144 | $14M |
| 2024 | 1 | 2,931 | $15M |
Nearby Profit Sharing Plans in Illinois
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
Local 743 Severance and Retirement Plan vs. nearby Profit Sharing plans in Illinois, assets vs. participants
- W. W. Grainger, Inc. Retirement Savings Plan $3.0B · 17,181
- Electrical Contractors Assoc. of the City of Chgo Union 134, IBEW Joint Pension Trust of Chgo Plan 5 $2.9B · 21,985
- Mcmaster-Carr Supply Company Profit Sharing Trust $2.5B · 4,327
- Mid-America Carpenters Regional Council Supplemental Retirement Plan $1.4B · 16,140
- Accenture United States Discretionary Profit Sharing Plan $893M · 10,992
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Local 743 Severance and Retirement Plan by total assets, not by location.
Frequently Asked Questions
How did Local 743 Severance and Retirement Plan assets move in 2022? ▼
How have Trustees of Local 743 Ib of T plan assets changed over time? ▼
Which Profit Sharing plans are similar in size to Local 743 Severance and Retirement Plan? ▼
Next read for Local 743 Severance and Retirement Plan
Filing takeaways
Ways to act on Local 743 Severance and Retirement Plan's numbers.
- By total assets, Local 743 Severance and Retirement Plan ranks above the median plan by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in Illinois. Compare plans
- Trustees of Local 743 Ib of T's sponsor-wide assets have grown 6.4% since 2022 across 3 plan years on file. More Transportation & Warehousing plans