Defined Benefit (Pension) · DOL Form 5500 · 2022
Illinois Tool Works Inc. Pension Plan
Data updated 2026-08-25
- $1.2B
- Total assets Very large vs avg
- 3,623
- Participants Above avg headcount
- 99th
- Percentile by assets National rank
- $342,277
- Avg per participant High balance/head
Official DOL plan name: Itw Retirement Accumulation Plan · Sponsored by Illinois Tool Works Inc. · Illinois · Manufacturing
$1.2B in assets, 3,623 participants
Illinois Tool Works Inc.'s Itw Retirement Accumulation Plan reported $1.2B in total assets and 3,623 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.
- #20,263 in Manufacturing (20,602 peers)
Coverage in Illinois
Itw Retirement Accumulation Plan covers 3,623 participants in Illinois, 4.6x the typical Illinois plan (state average ~779 per filing). Assets: $1.2B.
- #20,263
- in Manufacturing (20,602 peers)
- -24.5%
- assets change YoY
- 12×
- vs typical plan assets (national mean)
The plan reported a net loss of $403M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Itw Retirement Accumulation Plan's outsized position by total assets
Itw Retirement Accumulation Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$1,240,069,368 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
Itw Retirement Accumulation Plan'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. Itw Retirement Accumulation Plan lands in the large band (3,623 participants).
EBSA filing schedule strip
Filing strip 361258310 · Illinois Tool Works Inc. PY 2022 · Defined Benefit (Pension)
Itw Retirement Accumulation Plan · $1.2B · 3,623 · 99th
- TYPE $1.2B
- TYPE 3,623
- TYPE 99th
- TYPE Defined Benefit (Pension)
- TYPE near Nyu Langone Hospitals Retirement Plan
- TYPE ind #20263
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 →
Itw Retirement Accumulation Plan in the asset neighbourhood
Illinois filing particulars
| Total Assets (Beginning of Year) | $1.6B |
|---|---|
| Net Assets (End of Year) | $1.2B |
| Net Income | -$403M |
| Employer EIN | 361258310 |
| Plan Effective Date | 1950-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Illinois Tool Works Inc.)
Sponsor-wide plan assets over time
All Illinois Tool Works Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $5.5B 9.090523144238006% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 5 | 20,148 | $5.0B |
| 2023 | 5 | 20,227 | $5.4B |
| 2024 | 5 | 19,189 | $5.5B |
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
Itw Retirement Accumulation Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Illinois, the nearest Defined Benefit (Pension) by assets is Nyu Langone Hospitals Retirement Plan in NY ($1.2B); by covered participants it is Pension Plan of the Chubb Corporation in PA (3,618 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($1.2B here).
- Nyu Langone Hospitals Retirement Plan (NY) $1.2B · 3,227
- Kinder Morgan Retirement Plan a (TX) $1.2B · 3,720
- Kellogg Company Pension Plan (MI) $1.2B · 3,604
- Constellation Employee Pension Plan (PA) $1.2B · 1,041
Similar participant headcount
Nearest other-state filings by covered participants (3,623 participants); asset peers above are excluded.
- Pension Plan of the Chubb Corporation (PA) 3,618 · 5 off
- Building Service Pension Plan (WA) 3,638 · 15 off
- Indiana State Council of Carpenters Pension Fund (MI) 3,639 · 16 off
- Keycorp Consolidated Cash Balance Plan (OH) 3,640 · 17 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.