Profit Sharing · DOL Form 5500 · 2022

Trustee of Local 1 Retirement Savings Trust Fund Profit Sharing Plan

Data updated 2026-08-11

$11M
Total assets
1,715
Participants
67th
Percentile by assets
$6,447
Avg per participant
PlainRetire home → About this data

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

$11M in assets, 1,715 participants

Trustee of Local 1 Retirement Savings Trust Fund's Local No. 1 Retirement Savings Trust Fund reported $11M in total assets and 1,715 participants in its 2022 DOL Form 5500 filing, ranking in the 67th 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.

  • 67th percentile by assets (of 139,126 plans)
  • #4,109 in Administrative & Support Services (4,927 peers)

Coverage in Illinois

Local No. 1 Retirement Savings Trust Fund covers 1,715 participants in Illinois, 2.2x the typical Illinois plan (state average ~779 per filing). Assets: $11M.

$11M
total plan assets (2022 EOY)
1,715
covered participants
67th
percentile by assets (of 139,126 plans)
$6,447
avg assets per participant

Participants vs Illinois filers

In Illinois, the average filing covers about 779 participants across 5,745 plans. Local No. 1 Retirement Savings Trust Fund reports 1,715 participants - 2.2x that state average ($11M EOY assets).

Illinois filing particulars

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$11M
Net Income$1M
Employer EIN467241306
Plan Effective Date2013-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Trustee of Local 1 Retirement Savings Trust Fund)

$10M$11M$12M$13M$14M$15M 20222023 $11.1M $13.8M ▲ +24.8%
Total plan assets by year, all Trustee of Local 1 Retirement Savings Trust Fund plans on file
Year Plans Participants Total Assets
2022 1 1,715 $11M
2023 1 1,292 $14M

Nearby Profit Sharing Plans in Illinois

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Local No. 1 Retirement Savings Trust Fund vs. nearby Profit Sharing plans in Illinois, assets vs. participants

Local No. 1 Retirement Savings Trust Fund vs. nearby Profit Sharing plans in Illinois, assets vs. participants Scatter plot of 6 data points. 0500010000150002000025000 -101234 Total assets ($B) Participants Local No. 1 Retireme…W. W. Grainger, Inc.…Electrical Contracto…Mcmaster-Carr Supply…Mid-America Carpente…Accenture United Sta…
Local No. 1 Retirement Savings Trust Fund vs. nearby Profit Sharing plans in Illinois, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Local No. 1 Retirement Savings Trust Fund by total assets, not by location.

Frequently Asked Questions

How did Local No. 1 Retirement Savings Trust Fund assets move in 2022?
Local No. 1 Retirement Savings Trust Fund grew at a solid clip - up 12.1% during 2022, from $10M to $11M. Reported net income was $1M.
How have Trustee of Local 1 Retirement Savings Trust Fund plan assets changed over time?
Across 2 plan years on file (2022-2023), Trustee of Local 1 Retirement Savings Trust Fund's sponsor-wide assets grew 24.9%, from $11M to $14M.
Which Profit Sharing plans are similar in size to Local No. 1 Retirement Savings Trust Fund?
Among Profit Sharing plans in other states, the closest by assets is Bernstein Litowitz Berger & Grossmann LLP Profit Sharing Plan in NY ($11M, 93 participants).

Next read for Local No. 1 Retirement Savings Trust Fun…

Filing takeaways

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