Defined Benefit (Pension) · DOL Form 5500 · 2023
Trustees of Automobile Mechanics' Local No. 701 Pension Fund Pension Plan
Data updated 2026-08-25
- $1.1B
- Total assets Very large vs avg
- 3,964
- Participants Above avg headcount
- 99th
- Percentile by assets National rank
- $281,743
- Avg per participant High balance/head
Official DOL plan name: Automobile Mechanics' Local No. 701 Pension Fund · Sponsored by Trustees of Automobile Mechanics' Local No. 701 Pension Fund · Illinois · Other Services
$1.1B in assets, 3,964 participants
Trustees of Automobile Mechanics' Local No. 701 Pension Fund's Automobile Mechanics' Local No. 701 Pension Fund reported $1.1B in total assets and 3,964 participants in its 2023 DOL Form 5500 filing, ranking in the 99th 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.
- #7,839 in Other Services (7,857 peers)
Coverage in Illinois
Automobile Mechanics' Local No. 701 Pension Fund covers 3,964 participants in Illinois, 5.1x the typical Illinois plan (state average ~779 per filing). Assets: $1.1B.
- #7,839
- in Other Services (7,857 peers)
- +9.1%
- assets growth YoY
- 11×
- vs typical plan assets (national mean)
Automobile Mechanics' Local No. 701 Pension Fund's outsized position by total assets
Automobile Mechanics' Local No. 701 Pension Fund vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$1,116,827,381 Top 1% higher than 99% 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
Automobile Mechanics' Local No. 701 Pension Fund'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. Automobile Mechanics' Local No. 701 Pension Fund lands in the large band (3,964 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Automobile Mechanics' Local No. 701 Pension Fund reported net income rose from -$211M in the plan year 2022 filing to $91M in the plan year 2023 filing.
- Automobile Mechanics' Local No. 701 Pension Fund end-of-year assets rose from $1.0B in the plan year 2022 filing to $1.1B in the plan year 2023 filing.
- Automobile Mechanics' Local No. 701 Pension Fund reported participants fell from 4,330 in the plan year 2022 filing to 3,964 in the plan year 2023 filing.
Published 5500 schedule card
Filing strip 366042061 · Trustees of Automobile Mechanics' Local No. 701 Pension Fund PY 2023 · Defined Benefit (Pension)
Automobile Mechanics' Local No. 701 Pension Fund · $1.1B · 3,964 · 99th
- VS-ST $1.1B
- VS-ST 3,964
- VS-ST 99th
- VS-ST Defined Benefit (Pension)
- VS-ST near Fmc Corporation Employees' Retirement Program
- VS-ST ind #7839
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 Other Services retirement plans → · Plans in Illinois →
Automobile Mechanics' Local No. 701 Pension Fund in the asset neighbourhood
Illinois filing particulars
| Total Assets (Beginning of Year) | $1.0B |
|---|---|
| Net Assets (End of Year) | $1.1B |
| Net Income | $91M |
| Employer EIN | 366042061 |
| Plan Effective Date | 1958-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Trustees of Automobile Mechanics' Local No. 701 Pension Fund)
Sponsor-wide plan assets over time
All Trustees of Automobile Mechanics' Local No. 701 Pension Fund plans reported in each filing year
- Latest sponsor-wide plan assets
- $1.2B 19.94649614184556% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 4,330 | $1.0B |
| 2023 | 1 | 3,964 | $1.1B |
| 2024 | 1 | 3,962 | $1.2B |
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
Automobile Mechanics' Local No. 701 Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Illinois, the nearest Defined Benefit (Pension) by assets is Fmc Corporation Employees' Retirement Program in PA ($1.1B); by covered participants it is Retirement Accumulation Plan for Partners of Pwc in FL (3,967 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($1.1B here).
- Fmc Corporation Employees' Retirement Program (PA) $1.1B · 142
- Employees' Retirement Plan of Consolidated Electrical Distributors, Inc. (TX) $1.1B · 1,943
- Retirement System of the American National Red Cross (DC) $1.1B · 4,531
- Ua Local 290 Plumber, Steamfitter & Shipfitter Pension Plan (OR) $1.1B · 3,351
Similar participant headcount
Nearest other-state filings by covered participants (3,964 participants); asset peers above are excluded.
- Retirement Accumulation Plan for Partners of Pwc (FL) 3,967 · 3 off
- Johnson Controls Pension Plan (WI) 3,999 · 35 off
- Lockheed Martin Aerospace Hourly Pension Plan (MD) 4,011 · 47 off
- Wisconsin Laborers' Pension Fund (WI) 3,908 · 56 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.