Defined Benefit (Pension) · DOL Form 5500 · 2022

Local No. 731, I.B. of T., Pension Fund Pension Plan

Data updated 2026-08-11

$830M
Total assets
3,312
Participants
99th
Percentile by assets
$250,587
Avg per participant
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Official DOL plan name: Local No. 731, I.B. of T., Pension Fund · Sponsored by Local No. 731, I.B. of T., Pension Fund · Illinois · Administrative & Support Services

$830M in assets, 3,312 participants

Local No. 731, I.B. of T., Pension Fund's Local No. 731, I.B. of T., Pension Fund reported $830M in total assets and 3,312 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.

  • 99th percentile by assets (of 139,126 plans)
  • #4,904 in Administrative & Support Services (4,927 peers)

Coverage in Illinois

Local No. 731, I.B. of T., Pension Fund covers 3,312 participants in Illinois, 4.2x the typical Illinois plan (state average ~779 per filing). Assets: $830M.

$830M
total plan assets (2022 EOY)
3,312
covered participants
99th
percentile by assets (of 139,126 plans)
$250,587
avg assets per participant

Participants vs Illinois filers

In Illinois, the average filing covers about 779 participants across 5,745 plans. Local No. 731, I.B. of T., Pension Fund reports 3,312 participants - 4.2x that state average ($830M EOY assets).

Illinois filing particulars

Total Assets (Beginning of Year)$745M
Net Assets (End of Year)$829M
Net Income$85M
Employer EIN366513567
Plan Effective Date1962-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Local No. 731, I.B. of T., Pension Fund)

$0.8B$0.9B$1B$1.1B$1.2B 202220232024 $0.83B $1.1B ▲ +32.5%
Total plan assets by year, all Local No. 731, I.B. of T., Pension Fund plans on file
Year Plans Participants Total Assets
2022 1 3,312 $830M
2023 1 3,289 $985M
2024 1 3,248 $1.1B

Nearby Defined Benefit (Pension) Plans in Illinois

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

Local No. 731, I.B. of T., Pension Fund vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants

Local No. 731, I.B. of T., Pension 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. 731, I.B. …Central States, Sout…State Farm Insurance…United Food & Commer…John Deere Pension P…Abbott Laboratories …
Local No. 731, I.B. of T., Pension 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. 731, I.B. of T., Pension Fund by total assets, not by location.

Frequently Asked Questions

How did Local No. 731, I.B. of T., Pension Fund assets move in 2022?
Local No. 731, I.B. of T., Pension Fund grew at a solid clip - up 11.4% during 2022, from $745M to $830M. Reported net income was $85M.
How have Local No. 731, I.B. of T., Pension Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Local No. 731, I.B. of T., Pension Fund's sponsor-wide assets grew 32.4%, from $830M to $1.1B.
Where does Local No. 731, I.B. of T., Pension Fund rank by assets among Form 5500 filers?
Local No. 731, I.B. of T., Pension Fund ranks in the 99th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to Local No. 731, I.B. of T., Pension Fund?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Pension Plan of L'oreal USA, Inc. in NJ ($829M, 6,050 participants).

Filing takeaways

Ways to act on Local No. 731, I.B. of T., Pension Fund's numbers.