Defined Benefit (Pension) · DOL Form 5500 · 2022

Trustees of Local 1 Pension Fund Pension Plan

Data updated 2026-08-11

$287M
Total assets
3,739
Participants
97th
Percentile by assets
$76,882
Avg per participant
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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.

  • 97th percentile by assets (of 139,126 plans)
  • #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.

$287M
total plan assets (2022 EOY)
3,739
covered participants
97th
percentile by assets (of 139,126 plans)
$76,882
avg assets per participant

Participants vs Illinois filers

In Illinois, the average filing covers about 779 participants across 5,745 plans. Local No. 1 Pension Trust Fund reports 3,739 participants - 4.8x that state average ($287M EOY assets).

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)

$280M$300M$320M$340M$360M 202220232024 $287M $346M ▲ +20.4%
Total plan assets by year, all Trustees of Local 1 Pension Fund plans on file
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

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 …Central States, Sout…State Farm Insurance…United Food & Commer…John Deere Pension P…Abbott Laboratories …
Local No. 1 Pension Trust Fund vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Local No. 1 Pension Trust Fund by total assets, not by location.

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).

Filing takeaways

Ways to act on Local No. 1 Pension Trust Fund's numbers.