Defined Benefit (Pension) · DOL Form 5500 · 2022

Trustees of Local 1 Pension Fund Pension Plan

Data updated 2026-08-25

$287M
Total assets Near avg plan size
3,739
Participants Above avg headcount
97th
Percentile by assets National rank
$76,882
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Local No. 1 Pension Trust Fund · Sponsored by Trustees of Local 1 Pension Fund · Illinois · Administrative & Support Services

$287M in assets, 3,739 participants

Trustees of Local 1 Pension Fund's Local No. 1 Pension Trust Fund reported $287M in total assets and 3,739 participants in its 2022 DOL Form 5500 filing, ranking in the 97th 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.

  • #4,858 in Administrative & Support Services (4,927 peers)

Coverage in Illinois

Local No. 1 Pension Trust Fund covers 3,739 participants in Illinois, 4.8x the typical Illinois plan (state average ~779 per filing). Assets: $287M.

#4,858
in Administrative & Support Services (4,927 peers)
+7.8%
assets growth YoY
2.9×
vs typical plan assets (national mean)

Local No. 1 Pension Trust Fund's outsized position by total assets

Local No. 1 Pension Trust Fund vs every filed plan by assets

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

$287,462,250 Top 3% higher than 97% 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

Local No. 1 Pension Trust 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. Local No. 1 Pension Trust Fund lands in the large band (3,739 participants).

Plan-year Form 5500 strip

Filing strip 516055057 · Trustees of Local 1 Pension Fund PY 2022 · Defined Benefit (Pension)

Local No. 1 Pension Trust Fund · $287M · 3,739 · 97th

  • EBSA $287M
  • PART 3,739
  • TYPE 97th
  • NET Defined Benefit (Pension)
  • BOOK near Bronson Healthcare Retirement Plan
  • VS-ST ind #4858

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 Administrative & Support Services retirement plans → · Plans in Illinois →

Local No. 1 Pension Trust Fund in the asset neighbourhood

Nordson Corporation Salaried Employees Pension PlanNordson Corporation Salaried…$288MBronson Healthcare Retirement PlanBronson Healthcare Retiremen…$287MLocal No. 1 Pension Trust FundLocal No. 1 Pension Trust Fu…$287MNon-Contributory Retirement Program for Certain Employees of Wellmark, Inc.Non-Contributory Retirement …$287MRetirement Plan for Pilots of Hawaiian Airlines, Inc.Retirement Plan for Pilots o…$287M
End-of-year total assets ($M) among Local No. 1 Pension Trust Fund and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Illinois filing particulars

Total Assets (Beginning of Year)$267M
Net Assets (End of Year)$287M
Net Income$21M
Employer EIN516055057
Plan Effective Date1967-01-04
Filing StatusFILING RECEIVED

Sponsor Plan History (Trustees of Local 1 Pension Fund)

Sponsor-wide plan assets over time

All Trustees of Local 1 Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$346M 20.439186362731107% vs 2022
2024 filing year
$280M$300M$320M$340M$360M 202220232024 $287M $346M ▲ +20.4%
Year Plans Participants Total Assets
2022 1 3,739 $287M
2023 1 3,813 $318M
2024 1 3,911 $346M

Nearby Defined Benefit (Pension) Plans in Illinois

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

Local No. 1 Pension Trust Fund vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -1001020304050 Total assets ($B) Participants Local No. 1 Pension Trust Fund, Total assets ($B): 0.28746225 · Participants: 3739Local No. 1 Pension Trust FundCentral 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
Local No. 1 Pension Trust Fund vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants

Local No. 1 Pension Trust Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Illinois, the nearest Defined Benefit (Pension) by assets is Bronson Healthcare Retirement Plan in MI ($287M); by covered participants it is Wa-Id-Mt Carpenters Employers Retirement Trust in WA (3,732 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (3,739 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 Local No. 1 Pension Trust Fund assets move in 2022? ▼
Local No. 1 Pension Trust Fund grew at a solid clip - up 7.8% during 2022, from $267M to $287M. Reported net income was $21M.
How have Trustees of Local 1 Pension Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Trustees of Local 1 Pension Fund's sponsor-wide assets grew 20.4%, from $287M to $346M.
Where does Local No. 1 Pension Trust Fund rank by assets among Form 5500 filers? ▼
Local No. 1 Pension Trust Fund ranks in the 97th 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 Local No. 1 Pension Trust Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Bronson Healthcare Retirement Plan in MI ($287M, 2,518 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Local No. 1 Pension Trust Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Wa-Id-Mt Carpenters Employers Retirement Trust in WA (3,732 participants, $124M in assets).