Defined Benefit (Pension) · DOL Form 5500 · 2023

Trustage Financial Group, Inc. Pension Plan

Data updated 2026-08-25

$198M
Total assets Near avg plan size
455
Participants Below avg headcount
95th
Percentile by assets National rank
$434,548
Avg per participant High balance/head
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Official DOL plan name: Trustage Pension Plan for Represented Employees · Sponsored by Trustage Financial Group, Inc. · Wisconsin · Management of Enterprises

$198M in assets, 455 participants

Trustage Financial Group, Inc.'s Trustage Pension Plan for Represented Employees reported $198M in total assets and 455 participants in its 2023 DOL Form 5500 filing, ranking in the 95th 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.

  • #944 in Management of Enterprises (1,137 peers)

Where Trustage Pension Plan for Represented Employees sits by assets

Trustage Pension Plan for Represented Employees sits in the top 5% of all filed plans by assets, $198M for 455 participants (~$434,548/participant), up 3.3% in 2023.

#944
in Management of Enterprises (1,137 peers)
+3.3%
assets growth YoY
2.0×
vs typical plan assets (national mean)

Trustage Pension Plan for Represented Employees's outsized position by total assets

Trustage Pension Plan for Represented Employees vs every filed plan by assets

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

$197,719,352 Top 5% higher than 95% 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

Trustage Pension Plan for Represented Employees among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Trustage Pension Plan for Represented Employees sits mid-pack in the medium band (455 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Trustage Pension Plan for Represented Employees reported net income rose from -$70M in the plan year 2022 filing to $7M in the plan year 2023 filing.
  • Trustage Pension Plan for Represented Employees end-of-year assets rose from $191M in the plan year 2022 filing to $198M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 454418520 · Trustage Financial Group, Inc. PY 2023 · Defined Benefit (Pension)

Trustage Pension Plan for Represented Employees · $198M · 455 · 95th

  • PCT $198M
  • PCT 455
  • PCT 95th
  • PCT Defined Benefit (Pension)
  • PCT near Twu-Westchester Private Bus Lines Pension Trust
  • PCT ind #944

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 Management of Enterprises retirement plans → · Plans in Wisconsin →

Trustage Pension Plan for Represented Employees in the asset neighbourhood

Alaska United Food & Commercial Workers Pension FundAlaska United Food & Commerc…$198MTrustage Pension Plan for Represented EmployeesTrustage Pension Plan for Re…$198MTwu-Westchester Private Bus Lines Pension TrustTwu-Westchester Private Bus …$198MUnited Association General Officers and Employees Pension FundUnited Association General O…$197MPlan for Retirement Allowances for Non Represented EmployeesPlan for Retirement Allowanc…$197M
End-of-year total assets ($M) among Trustage Pension Plan for Represented Employees and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$191M
Net Assets (End of Year)$198M
Net Income$7M
Employer EIN454418520
Plan Effective Date1958-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Trustage Financial Group, Inc.)

Sponsor-wide plan assets over time

All Trustage Financial Group, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$778M 55.30174070805901% vs 2022
2024 filing year
$0.5B$1B$1.5B$2B 202220232024 $1.74B $0.78B ▼ -55.2%
Year Plans Participants Total Assets
2022 4 6,237 $1.7B
2023 2 2,729 $803M
2024 2 2,596 $778M

Nearby Defined Benefit (Pension) Plans in Wisconsin

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

Trustage Pension Plan for Represented Employees vs. nearby Defined Benefit (Pension) plans in Wisconsin, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 01234 Total assets ($B) Participants Trustage Pension Plan for Represented Employees, Total assets ($B): 0.197719352 · Participants: 455Trustage Pension Plan for Represented EmployeesThe Northwestern Mutual Employee Retirement Plan, Total assets ($B): 3.298151091 · Participants: 8348The Northwestern Mutual Employee Retirement PlanBuilding Trades United Pension Trust Fund Milwaukee and Vicinity, Total assets ($B): 3.267131995 · Participants: 9960Building Trades United Pension Trust Fund Milwaukee and VicinityThe Northwestern Mutual Life Insurance Company Agents Retirement Plan, Total assets ($B): 2.08393057 · Participants: 7368The Northwestern Mutual Life Insurance Company Agents Retirement PlanHarley-Davidson Retirement Plan, Total assets ($B): 1.912240682 · Participants: 1560Harley-Davidson Retirement PlanRockwell Automation Pension Plan, Total assets ($B): 1.77661124 · Participants: 2136Rockwell Automation Pension Plan
Trustage Pension Plan for Represented Employees vs. nearby Defined Benefit (Pension) plans in Wisconsin, assets vs. participants
Compare Trustage Pension Plan for Represented Employees side-by-side with 3 peers →

Trustage Pension Plan for Represented Employees's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Wisconsin, the nearest Defined Benefit (Pension) by assets is Twu-Westchester Private Bus Lines Pension Trust in NJ ($198M); by covered participants it is Hawkeye Pension Plan in IA (455 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (455 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 Trustage Pension Plan for Represented Employees assets move in 2023? ▼
Trustage Pension Plan for Represented Employees edged up modestly - up 3.3% during 2023, from $191M to $198M. Reported net income was $7M.
How have Trustage Financial Group, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Trustage Financial Group, Inc.'s sponsor-wide assets declined 55.3%, from $1.7B to $778M.
Where does Trustage Pension Plan for Represented Employees rank by assets among Form 5500 filers? ▼
Trustage Pension Plan for Represented Employees ranks in the 95th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Trustage Pension Plan for Represented Employees? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Twu-Westchester Private Bus Lines Pension Trust in NJ ($198M, 743 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Trustage Pension Plan for Represented Employees? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Hawkeye Pension Plan in IA (455 participants, $115M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 454418520.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.