Defined Benefit (Pension) · DOL Form 5500 · 2022
Trustees of Automobile Mechanics' Local No. 701 Pension Fund Pension Plan
Data updated 2026-08-25
- $1.0B
- Total assets Very large vs avg
- 4,330
- Participants Above avg headcount
- 99th
- Percentile by assets National rank
- $236,495
- Avg per participant Above avg balance/head
Official DOL plan name: Automobile Mechanics' Local No. 701 Pension Fund · Sponsored by Trustees of Automobile Mechanics' Local No. 701 Pension Fund · Illinois · Other Services
$1.0B in assets, 4,330 participants
Trustees of Automobile Mechanics' Local No. 701 Pension Fund's Automobile Mechanics' Local No. 701 Pension Fund reported $1.0B in total assets and 4,330 participants in its 2022 DOL Form 5500 filing, ranking in the 99th 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.
- #8,381 in Other Services (8,398 peers)
Coverage in Illinois
Automobile Mechanics' Local No. 701 Pension Fund covers 4,330 participants in Illinois, 5.6x the typical Illinois plan (state average ~779 per filing). Assets: $1.0B.
- #8,381
- in Other Services (8,398 peers)
- -17.1%
- assets change YoY
- 10×
- vs typical plan assets (national mean)
The plan reported a net loss of $211M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Automobile Mechanics' Local No. 701 Pension Fund's outsized position by total assets
Automobile Mechanics' Local No. 701 Pension Fund vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$1,024,024,844 Top 1% higher than 99% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Automobile Mechanics' Local No. 701 Pension Fund's large-plan peer group by participant headcount
Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Automobile Mechanics' Local No. 701 Pension Fund lands in the large band (4,330 participants).
DOL schedule card
Filing strip 366042061 · Trustees of Automobile Mechanics' Local No. 701 Pension Fund PY 2022 · Defined Benefit (Pension)
Automobile Mechanics' Local No. 701 Pension Fund · $1.0B · 4,330 · 99th
- EBSA $1.0B
- EBSA 4,330
- EBSA 99th
- EBSA Defined Benefit (Pension)
- EBSA near The General Pension Plan of the International Union of Operating Engineers
- EBSA ind #8381
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 Other Services retirement plans → · Plans in Illinois →
Automobile Mechanics' Local No. 701 Pension Fund in the asset neighbourhood
Illinois filing particulars
| Total Assets (Beginning of Year) | $1.2B |
|---|---|
| Net Assets (End of Year) | $1.0B |
| Net Income | -$211M |
| Employer EIN | 366042061 |
| Plan Effective Date | 1958-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Trustees of Automobile Mechanics' Local No. 701 Pension Fund)
Sponsor-wide plan assets over time
All Trustees of Automobile Mechanics' Local No. 701 Pension Fund plans reported in each filing year
- Latest sponsor-wide plan assets
- $1.2B 19.94649614184556% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 4,330 | $1.0B |
| 2023 | 1 | 3,964 | $1.1B |
| 2024 | 1 | 3,962 | $1.2B |
Nearby Defined Benefit (Pension) Plans in Illinois
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- Central States, Southeast & Southwest Areas Pension Plan $42.6B · 50,096
- State Farm Insurance Companies Retirement Plan for United States Employees $32.1B · 49,052
- United Food & Commercial Workers Intl Union - Industry Pension Fund $8.0B · 20,170
- John Deere Pension Plan for Salaried Employees $7.3B · N/A
- Abbott Laboratories Annuity Retirement Plan $6.8B · 16,809
Automobile Mechanics' Local No. 701 Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Illinois, the nearest Defined Benefit (Pension) by assets is The General Pension Plan of the International Union of Operating Engineers in DC ($1.0B); by covered participants it is Dte Energy Company Retirement Plan in MI (4,321 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($1.0B here).
Similar participant headcount
Nearest other-state filings by covered participants (4,330 participants); asset peers above are excluded.
- Dte Energy Company Retirement Plan (MI) 4,321 · 9 off
- United Food & Commercial Workers Union - Employer Pension Fund (OH) 4,343 · 13 off
- San Diego Gas & Electric Company Cash Balance Plan (CA) 4,360 · 30 off
- Edison Pension Plan (OR) 4,287 · 43 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.