Money Purchase · DOL Form 5500 · 2022
Board of Trustees Studio Mechanics Local 476 Annuity Fund Money Purchase Plan
Data updated 2026-08-11
- $36M
- Total assets
- 2,126
- Participants
- 85th
- Percentile by assets
- $16,854
- Avg per participant
Official DOL plan name: Studio Mechanics Local 476 Annuity Plan · Sponsored by Board of Trustees Studio Mechanics Local 476 Annuity Fund · Illinois · Other Services
$36M in assets, 2,126 participants
Board of Trustees Studio Mechanics Local 476 Annuity Fund's Studio Mechanics Local 476 Annuity Plan reported $36M in total assets and 2,126 participants in its 2022 DOL Form 5500 filing, ranking in the 85th 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.
- 85th percentile by assets (of 139,126 plans)
- #7,795 in Other Services (8,398 peers)
Coverage in Illinois
Studio Mechanics Local 476 Annuity Plan covers 2,126 participants in Illinois, 2.7x the typical Illinois plan (state average ~779 per filing). Assets: $36M.
- $36M
- total plan assets (2022 EOY)
- 2,126
- covered participants
- 85th
- percentile by assets (of 139,126 plans)
- $16,854
- avg assets per participant
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.
Participants vs Illinois filers
In Illinois, the average filing covers about 779 participants across 5,745 plans. Studio Mechanics Local 476 Annuity Plan reports 2,126 participants - 2.7x that state average ($36M EOY assets).
Illinois filing particulars
| Total Assets (Beginning of Year) | $38M |
|---|---|
| Net Assets (End of Year) | $36M |
| Net Income | -$2M |
| Employer EIN | 363828094 |
| Plan Effective Date | 1992-06-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees Studio Mechanics Local 476 Annuity Fund)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 2,126 | $36M |
| 2023 | 1 | 1,732 | $38M |
| 2024 | 1 | 1,330 | $41M |
Nearby Money Purchase Plans in Illinois
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
Studio Mechanics Local 476 Annuity Plan vs. nearby Money Purchase plans in Illinois, assets vs. participants
- Retirement Plan for Employees of Fermi Research Alliance, LLC $669M · 1,625
- NECA-IBEW Local 176 Pension Trust Fund $616M · 2,741
- NECA-IBEW Local 364 Defined Contribution Plan $418M · 320
- Smart Local 265 Supplemental Retirement Savings Plan $302M · 2,526
- International Association of Heat and Frost Insulators Local 17 Annuity Fund $173M · 1,223
Similar-Sized Money Purchase Plans Nationally
Money Purchase plans in other states closest to Studio Mechanics Local 476 Annuity Plan by total assets, not by location.
Frequently Asked Questions
How did Studio Mechanics Local 476 Annuity Plan assets move in 2022? ▼
How have Board of Trustees Studio Mechanics Local 476 Annuity Fund plan assets changed over time? ▼
Where does Studio Mechanics Local 476 Annuity Plan rank by assets among Form 5500 filers? ▼
Which Money Purchase plans are similar in size to Studio Mechanics Local 476 Annuity Plan? ▼
Next read for Studio Mechanics Local 476 Annuity Plan
Filing takeaways
Ways to act on Studio Mechanics Local 476 Annuity Plan's numbers.
- By total assets, Studio Mechanics Local 476 Annuity Plan ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Money Purchase plans in Illinois. Compare plans
- Board of Trustees Studio Mechanics Local 476 Annuity Fund's sponsor-wide assets have grown 14.9% since 2022 across 3 plan years on file. More Other Services plans