Defined Benefit (Pension) · DOL Form 5500 · 2023

Board of Trustees Studio Mechanics Local 476 Iatse Retiremen Pension Plan

Data updated 2026-08-25

$87M
Total assets Below avg plan size
1,404
Participants Near avg headcount
90th
Percentile by assets National rank
$61,876
Avg per participant Low balance/head
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Official DOL plan name: Studio Mechanics Local 476 Iatse Retirement Plan · Sponsored by Board of Trustees Studio Mechanics Local 476 Iatse Retiremen · Illinois · Information & Media

$87M in assets, 1,404 participants

Board of Trustees Studio Mechanics Local 476 Iatse Retiremen's Studio Mechanics Local 476 Iatse Retirement Plan reported $87M in total assets and 1,404 participants in its 2023 DOL Form 5500 filing, ranking in the 90th 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.

  • #2,430 in Information & Media (2,818 peers)

Where Studio Mechanics Local 476 Iatse Retirement Plan sits by assets

Studio Mechanics Local 476 Iatse Retirement Plan sits in the top 10% of all filed plans by assets, $87M for 1,404 participants (~$61,876/participant), up 15.0% in 2023.

#2,430
in Information & Media (2,818 peers)
+15.0%
assets growth YoY
0.9×
vs typical plan assets (national mean)

Studio Mechanics Local 476 Iatse Retirement Plan's outsized position by total assets

Studio Mechanics Local 476 Iatse Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$86,874,038 Top 10% higher than 90% of 127,068 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 2023

Studio Mechanics Local 476 Iatse Retirement 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 Iatse Retirement Plan lands in the large band (1,404 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Studio Mechanics Local 476 Iatse Retirement Plan reported net income rose from -$6M in the plan year 2022 filing to $11M in the plan year 2023 filing.
  • Studio Mechanics Local 476 Iatse Retirement Plan reported participants fell from 1,794 in the plan year 2022 filing to 1,404 in the plan year 2023 filing.
  • Studio Mechanics Local 476 Iatse Retirement Plan end-of-year assets rose from $76M in the plan year 2022 filing to $87M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 366552588 · Board of Trustees Studio Mechanics Local 476 Iatse Retiremen PY 2023 · Defined Benefit (Pension)

Studio Mechanics Local 476 Iatse Retirement Plan · $87M · 1,404 · 90th

  • TYPE $87M
  • NET 1,404
  • BOOK 90th
  • VS-ST Defined Benefit (Pension)
  • BOY near Northwest Glass, Molders, Pottery, Plastics and Allied Workers Pension Plan
  • SCH ind #2430

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 Information & Media retirement plans → · Plans in Illinois →

Studio Mechanics Local 476 Iatse Retirement Plan in the asset neighbourhood

The Isuzu Companies' Retirement PlanThe Isuzu Companies' Retirem…$87MJourneymen & Apprentices of Local 188 Pension FundJourneymen & Apprentices of …$87MNorthwest Glass, Molders, Pottery, Plastics and Allied Workers Pension PlanNorthwest Glass, Molders, Po…$87MStudio Mechanics Local 476 Iatse Retirement PlanStudio Mechanics Local 476 I…$87MEmployees Retirement Plan of St. Barnabas Hospital and AffiliatesEmployees Retirement Plan of…$87M
End-of-year total assets ($M) among Studio Mechanics Local 476 Iatse Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$76M
Net Assets (End of Year)$87M
Net Income$11M
Employer EIN366552588
Plan Effective Date1967-01-02
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees Studio Mechanics Local 476 Iatse Retiremen)

Sponsor-wide plan assets over time

All Board of Trustees Studio Mechanics Local 476 Iatse Retiremen plans reported in each filing year

Latest sponsor-wide plan assets
$103M 35.78652603611955% vs 2022
2024 filing year
$70M$80M$90M$100M$110M 202220232024 $75.5M $103M ▲ +35.8%
Year Plans Participants Total Assets
2022 1 1,794 $76M
2023 1 1,404 $87M
2024 1 1,110 $103M

Nearby Defined Benefit (Pension) Plans in Illinois

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

Studio Mechanics Local 476 Iatse Retirement Plan vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -200204060 Total assets ($B) Participants Studio Mechanics Local 476 Iatse Retirement Plan, Total assets ($B): 0.086874038 · Participants: 1404Studio Mechanics Local 476 Iatse Retirement PlanCentral States, Southeast & Southwest Areas Pension Plan, Total assets ($B): 49.680270595 · Participants: 48538Central States, Southeast & Southwest Areas Pension PlanState Farm Insurance Companies Retirement Plan for United States Employees, Total assets ($B): 35.242945747 · Participants: 45001State Farm Insurance Companies Retirement Plan for United States EmployeesUnited Food & Commercial Workers Intl Union - Industry Pension Fund, Total assets ($B): 7.965094339 · Participants: 20680United Food & Commercial Workers Intl Union - Industry Pension FundJohn Deere Pension Plan for Salaried Employees, Total assets ($B): 7.960744597 · Participants: 16346John Deere Pension Plan for Salaried EmployeesAbbott Laboratories Annuity Retirement Plan, Total assets ($B): 7.819798504 · Participants: 17382Abbott Laboratories Annuity Retirement Plan
Studio Mechanics Local 476 Iatse Retirement Plan vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants

Studio Mechanics Local 476 Iatse Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Illinois, the nearest Defined Benefit (Pension) by assets is Northwest Glass, Molders, Pottery, Plastics and Allied Workers Pension Plan in WA ($87M); by covered participants it is Lennox International Inc. 2008 Consolidated Pension Plan in TX (1,403 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,404 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Studio Mechanics Local 476 Iatse Retirement Plan assets move in 2023?
Studio Mechanics Local 476 Iatse Retirement Plan grew at a solid clip - up 15.0% during 2023, from $76M to $87M. Reported net income was $11M.
How have Board of Trustees Studio Mechanics Local 476 Iatse Retiremen plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees Studio Mechanics Local 476 Iatse Retiremen's sponsor-wide assets grew 35.8%, from $76M to $103M.
Where does Studio Mechanics Local 476 Iatse Retirement Plan rank by assets among Form 5500 filers?
Studio Mechanics Local 476 Iatse Retirement Plan ranks in the 90th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Studio Mechanics Local 476 Iatse Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Northwest Glass, Molders, Pottery, Plastics and Allied Workers Pension Plan in WA ($87M, 799 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Studio Mechanics Local 476 Iatse Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Lennox International Inc. 2008 Consolidated Pension Plan in TX (1,403 participants, $73M in assets).