Money Purchase · DOL Form 5500 · 2023
Board of Trustees Studio Mechanics Local 476 Annuity Fund Money Purchase Plan
Data updated 2026-08-25
- $38M
- Total assets Below avg plan size
- 1,732
- Participants Near avg headcount
- 82nd
- Percentile by assets National rank
- $21,923
- Avg per participant Low balance/head
Official DOL plan name: Studio Mechanics Local 476 Annuity Plan · Sponsored by Board of Trustees Studio Mechanics Local 476 Annuity Fund · Illinois · Other Services
$38M in assets, 1,732 participants
Board of Trustees Studio Mechanics Local 476 Annuity Fund's Studio Mechanics Local 476 Annuity Plan reported $38M in total assets and 1,732 participants in its 2023 DOL Form 5500 filing, ranking in the 82nd 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.
- #7,209 in Other Services (7,857 peers)
Coverage in Illinois
Studio Mechanics Local 476 Annuity Plan covers 1,732 participants in Illinois, 2.2x the typical Illinois plan (state average ~779 per filing). Assets: $38M.
- #7,209
- in Other Services (7,857 peers)
- +6.0%
- assets growth YoY
- 0.4×
- vs typical plan assets (national mean)
Studio Mechanics Local 476 Annuity Plan's outsized position by total assets
Studio Mechanics Local 476 Annuity Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$37,971,067 Top 18% higher than 82% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Studio Mechanics Local 476 Annuity Plan's large-plan peer group by participant headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Studio Mechanics Local 476 Annuity Plan lands in the large band (1,732 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Studio Mechanics Local 476 Annuity Plan reported net income rose from -$2M in the plan year 2022 filing to $2M in the plan year 2023 filing.
- Studio Mechanics Local 476 Annuity Plan reported participants fell from 2,126 in the plan year 2022 filing to 1,732 in the plan year 2023 filing.
- Studio Mechanics Local 476 Annuity Plan end-of-year assets rose from $36M in the plan year 2022 filing to $38M in the plan year 2023 filing.
Plan-year Form 5500 strip
Filing strip 363828094 · Board of Trustees Studio Mechanics Local 476 Annuity Fund PY 2023 · Money Purchase
Studio Mechanics Local 476 Annuity Plan · $38M · 1,732 · 82nd
- IND $38M
- EOY 1,732
- 5500 82nd
- ASSETS Money Purchase
- PCT near Southern California Bricklayers Pension Fund
- EIN ind #7209
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 Other Services retirement plans → · Plans in Illinois →
Studio Mechanics Local 476 Annuity Plan in the asset neighbourhood
Illinois filing particulars
| Total Assets (Beginning of Year) | $36M |
|---|---|
| Net Assets (End of Year) | $38M |
| Net Income | $2M |
| Employer EIN | 363828094 |
| Plan Effective Date | 1992-06-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees Studio Mechanics Local 476 Annuity Fund)
Sponsor-wide plan assets over time
All Board of Trustees Studio Mechanics Local 476 Annuity Fund plans reported in each filing year
- Latest sponsor-wide plan assets
- $41M 14.852884727072983% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 2,126 | $36M |
| 2023 | 1 | 1,732 | $38M |
| 2024 | 1 | 1,330 | $41M |
Nearby Money Purchase Plans in Illinois
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
- Retirement Plan for Employees of Fermi Research Alliance, LLC $751M · 1,685
- NECA-IBEW Local 176 Pension Trust Fund $678M · 2,263
- NECA-IBEW Local 364 Defined Contribution Plan $468M · 763
- International Association of Heat and Frost Insulators Local 17 Annuity Fund $194M · 1,187
- Sheet Metal Workers Local 219 Retirement Savings Fund $184M · 907
Studio Mechanics Local 476 Annuity Plan's out-of-state Money Purchase peers by assets and headcount
Outside Illinois, the nearest Money Purchase by assets is Southern California Bricklayers Pension Fund in CA ($38M); by covered participants it is Millwright L.U. No. 1554 Supplemental Pension Plan in TN (1,734 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($38M here).
Similar participant headcount
Nearest other-state filings by covered participants (1,732 participants); asset peers above are excluded.
- Millwright L.U. No. 1554 Supplemental Pension Plan (TN) 1,734 · 2 off
- Bozeman Health Retirement Plan (MT) 1,750 · 18 off
- I.B.E.W. Local Union No. 728 Annuity Fund (FL) 1,712 · 20 off
- IBEW Local 595 Money Purchase Pension Plan (CA) 1,709 · 23 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.