Defined Benefit (Pension) · DOL Form 5500 · 2022

Payroll & Insurance Group, Inc. Pension Plan

Data updated 2026-08-25

$186M
Total assets Near avg plan size
435
Participants Below avg headcount
95th
Percentile by assets National rank
$427,584
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Metal Companies Multi-Employer Pension Plan · Sponsored by Payroll & Insurance Group, Inc. · Illinois · Professional & Technical Services

$186M in assets, 435 participants

Payroll & Insurance Group, Inc.'s Metal Companies Multi-Employer Pension Plan reported $186M in total assets and 435 participants in its 2022 DOL Form 5500 filing, ranking in the 95th 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.

  • #20,798 in Professional & Technical Services (21,562 peers)

Where Metal Companies Multi-Employer Pension Plan sits by assets

Metal Companies Multi-Employer Pension Plan sits in the top 5% of all filed plans by assets, $186M for 435 participants (~$427,584/participant), down 4.0% in 2022.

#20,798
in Professional & Technical Services (21,562 peers)
-4.0%
assets change YoY
1.9×
vs typical plan assets (national mean)

The plan reported a net loss of $8M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Metal Companies Multi-Employer Pension Plan's outsized position by total assets

Metal Companies Multi-Employer Pension Plan vs every filed plan by assets

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

$185,999,202 Top 5% higher than 95% 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

Metal Companies Multi-Employer Pension Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Metal Companies Multi-Employer Pension Plan sits mid-pack in the medium band (435 participants).

EBSA filing schedule strip

Filing strip 010606601 · Payroll & Insurance Group, Inc. PY 2022 · Defined Benefit (Pension)

Metal Companies Multi-Employer Pension Plan · $186M · 435 · 95th

  • BOOK $186M
  • BOOK 435
  • BOOK 95th
  • BOOK Defined Benefit (Pension)
  • BOOK near Operating Engineers Pension Trust Fund of Washington D.C. and Vicinity
  • BOOK ind #20798

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 Professional & Technical Services retirement plans → · Plans in Illinois →

Metal Companies Multi-Employer Pension Plan in the asset neighbourhood

Ironworkers Local No 55 Pension PlanIronworkers Local No 55 Pens…$187MCrozer-Keystone Health System Employees Retirement PlanCrozer-Keystone Health Syste…$186MOperating Engineers Pension Trust Fund of Washington D.C. and VicinityOperating Engineers Pension …$186MMetal Companies Multi-Employer Pension PlanMetal Companies Multi-Employ…$186MTransit Management of Southeast Louisiana, Inc. Retirement Income PlanTransit Management of Southe…$186M
End-of-year total assets ($M) among Metal Companies Multi-Employer Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$194M
Net Assets (End of Year)$186M
Net Income-$8M
Employer EIN010606601
Plan Effective Date1998-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Payroll & Insurance Group, Inc.)

Sponsor-wide plan assets over time

All Payroll & Insurance Group, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$359M 21.558277258693117% vs 2022
2024 filing year
$280M$300M$320M$340M$360M$380M 202220232024 $296M $359M ▲ +21.6%
Year Plans Participants Total Assets
2022 2 1,573 $296M
2023 2 1,577 $329M
2024 2 1,594 $359M

Nearby Defined Benefit (Pension) Plans in Illinois

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

Metal Companies Multi-Employer Pension Plan vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -1001020304050 Total assets ($B) Participants Metal Companies Multi-Employer Pension Plan, Total assets ($B): 0.185999202 · Participants: 435Metal Companies Multi-Employer Pension PlanCentral 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
Metal Companies Multi-Employer Pension Plan vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants
Compare Metal Companies Multi-Employer Pension Plan side-by-side with 3 peers →

Metal Companies Multi-Employer Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Illinois, the nearest Defined Benefit (Pension) by assets is Operating Engineers Pension Trust Fund of Washington D.C. and Vicinity in MD ($186M); by covered participants it is T.D. Williamson, Inc. Pension Plan in OK (435 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (435 participants); asset peers above are excluded.

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 Metal Companies Multi-Employer Pension Plan assets move in 2022? ▼
Metal Companies Multi-Employer Pension Plan edged down modestly - down 4.0% during 2022, from $194M to $186M. Reported net income was -$8M.
How have Payroll & Insurance Group, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Payroll & Insurance Group, Inc.'s sponsor-wide assets grew 21.6%, from $296M to $359M.
Where does Metal Companies Multi-Employer Pension Plan rank by assets among Form 5500 filers? ▼
Metal Companies Multi-Employer Pension Plan ranks in the 95th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Metal Companies Multi-Employer Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Operating Engineers Pension Trust Fund of Washington D.C. and Vicinity in MD ($186M, 1,281 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Metal Companies Multi-Employer Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is T.D. Williamson, Inc. Pension Plan in OK (435 participants, $627K in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 010606601.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.