Defined Benefit (Pension) · DOL Form 5500 · 2023
Progress Rail Locomotive Inc. Pension Plan
Data updated 2026-08-25
- $5M
- Total assets Small plan by assets
- 35
- Participants Small participant base
- 43rd
- Percentile by assets National rank
- $133,040
- Avg per participant Near avg balance/head
Official DOL plan name: Individual Retirement Plan for Hourly Employees of Progress Rail Locomotive Inc. · Sponsored by Progress Rail Locomotive Inc. · Illinois · Manufacturing
$5M in assets, 35 participants
Progress Rail Locomotive Inc.'s Individual Retirement Plan for Hourly Employees of Progress Rail Locomotive Inc. reported $5M in total assets and 35 participants in its 2023 DOL Form 5500 filing, ranking in the 43rd 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.
- #4,905 in Manufacturing (18,722 peers)
What the 2023 filing shows
Individual Retirement Plan for Hourly Employees of Progress Rail Locomotive Inc. holds $5M for 35 participants - about $133,040 per participant, in the lower half of filed plans by assets.
- #4,905
- in Manufacturing (18,722 peers)
- -0.4%
- assets change YoY
The plan reported a net loss of $29K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Individual Retirement Plan for Hourly Employees of Progress Rail Locomotive Inc.'s mid-pack asset rank among Manufacturing and all filers
Individual Retirement Plan for Hourly Employees of Progress Rail Locomotive Inc. vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$4,656,411 43rd percentile higher than 43% 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
Individual Retirement Plan for Hourly Employees of Progress Rail Locomotive Inc. among smaller filed plans by headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Individual Retirement Plan for Hourly Employees of Progress Rail Locomotive Inc. is a small filing (35 participants) on this national headcount ladder.
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Individual Retirement Plan for Hourly Employees of Progress Rail Locomotive Inc. reported net income rose from -$2M in the plan year 2022 filing to -$29K in the plan year 2023 filing.
- Individual Retirement Plan for Hourly Employees of Progress Rail Locomotive Inc. reported participants fell from 38 in the plan year 2022 filing to 35 in the plan year 2023 filing.
DOL schedule card
Filing strip 201932740 · Progress Rail Locomotive Inc. PY 2023 · Defined Benefit (Pension)
Individual Retirement Plan for Hourly Employees of Progress Rail Locomotive Inc. · $5M · 35 · 43rd
- PART $5M
- PART 35
- PART 43rd
- PART Defined Benefit (Pension)
- PART near Bipinchandra V. Bhagat. M.D., Inc. Defined Benefit Pension Plan
- PART ind #4905
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 Manufacturing retirement plans → · Plans in Illinois →
Individual Retirement Plan for Hourly Employees of Progress Rail Locomotive Inc. in the asset neighbourhood
Filing particulars (2023)
| Total Assets (Beginning of Year) | $5M |
|---|---|
| Net Assets (End of Year) | $5M |
| Net Income | -$29K |
| Employer EIN | 201932740 |
| Plan Effective Date | 2005-04-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Progress Rail Locomotive Inc.)
Sponsor-wide plan assets over time
All Progress Rail Locomotive Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $25M 5.3544967100560665% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 98 | $26M |
| 2023 | 3 | 93 | $26M |
| 2024 | 3 | 90 | $25M |
Nearby Defined Benefit (Pension) Plans in Illinois
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- Central States, Southeast & Southwest Areas Pension Plan $49.7B · 48,538
- State Farm Insurance Companies Retirement Plan for United States Employees $35.2B · 45,001
- United Food & Commercial Workers Intl Union - Industry Pension Fund $8.0B · 20,680
- John Deere Pension Plan for Salaried Employees $8.0B · 16,346
- Abbott Laboratories Annuity Retirement Plan $7.8B · 17,382
Individual Retirement Plan for Hourly Employees of Progress Rail Locomotive Inc.'s out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Illinois, the nearest Defined Benefit (Pension) by assets is Bipinchandra V. Bhagat. M.D., Inc. Defined Benefit Pension Plan in CA ($5M); by covered participants it is Pension Plan for Salaried Employees of Timber Products Company & Affiliates in OR (35 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($5M here).
Similar participant headcount
Nearest other-state filings by covered participants (35 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.