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
1
Participants Small participant base
43rd
Percentile by assets National rank
$4.7M
Avg per participant High balance/head
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Official DOL plan name: Progress Rail Locomotive Inc. Pension Plan for Hourly-Rate Legacy Employees · Sponsored by Progress Rail Locomotive Inc. · Illinois · Manufacturing

$5M in assets, 1 participants

Progress Rail Locomotive Inc.'s Progress Rail Locomotive Inc. Pension Plan for Hourly-Rate Legacy Employees reported $5M in total assets and 1 participant 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.

  • #4,935 in Manufacturing (18,722 peers)

What the 2023 filing shows

Progress Rail Locomotive Inc. Pension Plan for Hourly-Rate Legacy Employees holds $5M for 1 participant - about $4.7M per participant, in the lower half of filed plans by assets.

#4,935
in Manufacturing (18,722 peers)
+1.9%
assets growth YoY

Progress Rail Locomotive Inc. Pension Plan for Hourly-Rate Legacy Employees's mid-pack asset rank among Manufacturing and all filers

Progress Rail Locomotive Inc. Pension Plan for Hourly-Rate Legacy Employees vs every filed plan by assets

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

$4,688,928 43rd percentile higher than 43% 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

Progress Rail Locomotive Inc. Pension Plan for Hourly-Rate Legacy Employees among micro filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Progress Rail Locomotive Inc. Pension Plan for Hourly-Rate Legacy Employees is a micro filing (1 participant), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Progress Rail Locomotive Inc. Pension Plan for Hourly-Rate Legacy Employees reported net income rose from -$2M in the plan year 2022 filing to $76K in the plan year 2023 filing.
  • Progress Rail Locomotive Inc. Pension Plan for Hourly-Rate Legacy Employees reported participants fell from 2 in the plan year 2022 filing to 1 in the plan year 2023 filing.
  • Progress Rail Locomotive Inc. Pension Plan for Hourly-Rate Legacy Employees end-of-year assets rose from $5M in the plan year 2022 filing to $5M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 201932740 · Progress Rail Locomotive Inc. PY 2023 · Defined Benefit (Pension)

Progress Rail Locomotive Inc. Pension Plan for Hourly-Rate Legacy Employees · $5M · 1 · 43rd

  • 5500 $5M
  • 5500 1
  • 5500 43rd
  • 5500 Defined Benefit (Pension)
  • 5500 near Oneida Molded Plastics Corporation Employee Retirement Plan
  • 5500 ind #4935

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 →

Progress Rail Locomotive Inc. Pension Plan for Hourly-Rate Legacy Employees in the asset neighbourhood

Progress Rail Locomotive Inc. Pension Plan for Hourly-Rate Legacy EmployeesProgress Rail Locomotive Inc…$5MOneida Molded Plastics Corporation Employee Retirement PlanOneida Molded Plastics Corpo…$5MTrace International Holdings, Inc. Retirement Plan for Salaried EmployeesTrace International Holdings…$5MStephen K. Kwan, M.D., Inc. Defined Benefit Pension PlanStephen K. Kwan, M.D., Inc. …$5MCountry Select Catfish Pension Plan for Salaried EmployeesCountry Select Catfish Pensi…$5M
End-of-year total assets ($M) among Progress Rail Locomotive Inc. Pension Plan for Hourly-Rate Legacy Employees and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Filing particulars (2023)

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$5M
Net Income$76K
Employer EIN201932740
Plan Effective Date2005-09-15
Filing StatusFILING 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
$24.5M$25M$25.5M$26M$26.5M$27M 202220232024 $26.5M $25.1M ▼ -5.4%
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.

Progress Rail Locomotive Inc. Pension Plan for Hourly-Rate Legacy Employees vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -200204060 Total assets ($B) Participants Progress Rail Locomotive Inc. Pension Plan for Hourly-Rate Legacy Employees, Total assets ($B): 0.004688928 · Participants: 1Progress Rail Locomotive Inc. Pension Plan for Hourly-Rate Legacy EmployeesCentral 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
Progress Rail Locomotive Inc. Pension Plan for Hourly-Rate Legacy Employees vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants

Progress Rail Locomotive Inc. Pension Plan for Hourly-Rate Legacy Employees's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Illinois, the nearest Defined Benefit (Pension) by assets is Oneida Molded Plastics Corporation Employee Retirement Plan in WI ($5M); by covered participants it is Retirement Plan for Employees of American Institute of Marine Underwriters in NY (1 participant). Same-state nearby plans are listed separately above.

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 Progress Rail Locomotive Inc. Pension Plan for Hourly-Rate Legacy Employees assets move in 2023?
Progress Rail Locomotive Inc. Pension Plan for Hourly-Rate Legacy Employees edged up modestly - up 1.9% during 2023, from $5M to $5M. Reported net income was $76K.
How have Progress Rail Locomotive Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Progress Rail Locomotive Inc.'s sponsor-wide assets declined 5.4%, from $26M to $25M.
Which Defined Benefit (Pension) plans are similar in size to Progress Rail Locomotive Inc. Pension Plan for Hourly-Rate Legacy Employees?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Oneida Molded Plastics Corporation Employee Retirement Plan in WI ($5M, N/A participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Progress Rail Locomotive Inc. Pension Plan for Hourly-Rate Legacy Employees?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Retirement Plan for Employees of American Institute of Marine Underwriters in NY (1 participant, N/A in assets).