Defined Benefit (Pension) · DOL Form 5500 · 2022

Progress Rail Locomotive Inc. Pension Plan

Data updated 2026-08-25

$5M
Total assets Small plan by assets
38
Participants Small participant base
49th
Percentile by assets National rank
$123,050
Avg per participant Near avg balance/head
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Official DOL plan name: Individual Retirement Plan for Hourly Employees of Progress Rail Locomotive Inc. · Sponsored by Progress Rail Locomotive Inc. · Illinois · Manufacturing

$5M in assets, 38 participants

Progress Rail Locomotive Inc.'s Individual Retirement Plan for Hourly Employees of Progress Rail Locomotive Inc. reported $5M in total assets and 38 participants in its 2022 DOL Form 5500 filing, ranking in the 49th 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.

  • #6,745 in Manufacturing (20,602 peers)

2022 asset change

Individual Retirement Plan for Hourly Employees of Progress Rail Locomotive Inc. contracted severely 33.9% in 2022 ($7M → $5M) for 38 participants.

#6,745
in Manufacturing (20,602 peers)
-33.9%
assets change YoY

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Individual Retirement Plan for Hourly Employees of Progress Rail Locomotive Inc.'s mid-pack asset rank among Manufacturing and all filers

Individual Retirement Plan for Hourly Employees of Progress Rail Locomotive Inc. vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$4,675,904 49th percentile higher than 49% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Individual Retirement Plan for Hourly Employees of Progress Rail Locomotive Inc. among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Individual Retirement Plan for Hourly Employees of Progress Rail Locomotive Inc. is a small filing (38 participants) on this national headcount ladder.

Form 5500 schedule snapshot

Filing strip 201932740 · Progress Rail Locomotive Inc. PY 2022 · Defined Benefit (Pension)

Individual Retirement Plan for Hourly Employees of Progress Rail Locomotive Inc. · $5M · 38 · 49th

  • PHOTO $5M
  • IND 38
  • EOY 49th
  • 5500 Defined Benefit (Pension)
  • ASSETS near Retirement Plan for Employees of Whitman, Requardt and Associates
  • PCT ind #6745

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in Illinois →

Individual Retirement Plan for Hourly Employees of Progress Rail Locomotive Inc. in the asset neighbourhood

Individual Retirement Plan for Hourly Employees of Progress Rail Locomotive Inc.Individual Retirement Plan f…$5MRetirement Plan for Employees of Whitman, Requardt and AssociatesRetirement Plan for Employee…$5MSpecification Rubber Products Inc. Hourly Defined Benefit PlanSpecification Rubber Product…$5MLorraine E. Schwartz Inc. Defined Benefit PlanLorraine E. Schwartz Inc. De…$5MThe Youngstown Newspaper Guild -Vindicator Printing Co Empls Retirement PlanThe Youngstown Newspaper Gui…$5M
End-of-year total assets ($M) among Individual Retirement Plan for Hourly Employees of Progress Rail Locomotive Inc. and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Progress Rail Locomotive Inc. years around the 2022 move

Sponsor-wide plan assets over time

All Progress Rail Locomotive Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$25M 5.3544967100560665% vs 2022
2024 filing year
$24.5M$25M$25.5M$26M$26.5M$27M 202220232024 $26.5M $25.1M ▼ -5.4%
Year Plans Participants Total Assets
2022 3 98 $26M
2023 3 93 $26M
2024 3 90 $25M

2022 asset-move particulars

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$5M
Net Income-$2M
Employer EIN201932740
Plan Effective Date2005-04-01
Filing StatusFILING RECEIVED

Nearby Defined Benefit (Pension) Plans in Illinois

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

Individual Retirement Plan for Hourly Employees of Progress Rail Locomotive Inc. vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -1001020304050 Total assets ($B) Participants Individual Retirement Plan for Hourly Employees of Progress Rail Locomotive Inc., Total assets ($B): 0.004675904 · Participants: 38Individual Retirement Plan for Hourly Employees of Progress Rail Locomotive Inc.Central States, Southeast & Southwest Areas Pension Plan, Total assets ($B): 42.629770802 · Participants: 50096Central States, Southeast & Southwest Areas Pension PlanState Farm Insurance Companies Retirement Plan for United States Employees, Total assets ($B): 32.129102809 · Participants: 49052State Farm Insurance Companies Retirement Plan for United States EmployeesUnited Food & Commercial Workers Intl Union - Industry Pension Fund, Total assets ($B): 7.958716532 · Participants: 20170United Food & Commercial Workers Intl Union - Industry Pension FundJohn Deere Pension Plan for Salaried Employees, Total assets ($B): 7.304502684 · Participants: 0John Deere Pension Plan for Salaried EmployeesAbbott Laboratories Annuity Retirement Plan, Total assets ($B): 6.770339506 · Participants: 16809Abbott Laboratories Annuity Retirement Plan
Individual Retirement Plan for Hourly Employees of Progress Rail Locomotive Inc. vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants

Individual Retirement Plan for Hourly Employees of Progress Rail Locomotive Inc.'s out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Illinois, the nearest Defined Benefit (Pension) by assets is Retirement Plan for Employees of Whitman, Requardt and Associates in MD ($5M); by covered participants it is The People's Credit Union Defined Benefit Plan and Trust in RI (38 participants). Same-state nearby plans are listed separately above.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Individual Retirement Plan for Hourly Employees of Progress Rail Locomotive Inc. assets move in 2022?
Individual Retirement Plan for Hourly Employees of Progress Rail Locomotive Inc. contracted severely - down 33.9% during 2022, from $7M to $5M. Reported net income was -$2M.
How have Progress Rail Locomotive Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Progress Rail Locomotive Inc.'s sponsor-wide assets declined 5.4%, from $26M to $25M.
Which Defined Benefit (Pension) plans are similar in size to Individual Retirement Plan for Hourly Employees of Progress Rail Locomotive Inc.?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Retirement Plan for Employees of Whitman, Requardt and Associates in MD ($5M, 21 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Individual Retirement Plan for Hourly Employees of Progress Rail Locomotive Inc.?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is The People's Credit Union Defined Benefit Plan and Trust in RI (38 participants, $13M in assets).