Defined Benefit (Pension) · DOL Form 5500 · 2023

Bd of Trustees Local 705 I.B. of T. Pension Trust Fund Pension Plan

Data updated 2026-08-06

$1.7B
Total assets: 5,722
Participants: 99th
Percentile by assets: $303,782
Avg per participant

Official DOL plan name: Local 705 Int'l Brotherhood of Teamsters Pension Tr. Fd. · Sponsored by Bd of Trustees Local 705 I.B. of T. Pension Trust Fund · Illinois · Transportation & Warehousing

$1.7B in assets, 5,722 participants

Bd of Trustees Local 705 I.B. of T. Pension Trust Fund's Local 705 Int'l Brotherhood of Teamsters Pension Tr. Fd. reported $1.7B in total assets and 5,722 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.

99th percentile by assets (of 126,618 plans)
#3,294 in Transportation & Warehousing (3,344 peers)

Coverage in Illinois

Local 705 Int'l Brotherhood of Teamsters Pension Tr. Fd. covers 5,722 participants in Illinois, 7.5x the typical Illinois plan (state average ~768 per filing). Assets: $1.7B.

$1.7B
total plan assets (2023 EOY): 5,722
covered participants: 99th
percentile by assets (of 126,618 plans): $303,782
avg assets per participant

State

Illinois

Industry

Transportation & Warehousing

Participants vs Illinois filers

In Illinois, the average filing covers about 768 participants across 5,440 plans. Local 705 Int'l Brotherhood of Teamsters Pension Tr. Fd. reports 5,722 participants - 7.5x that state average ($1.7B EOY assets).

Illinois filing particulars

Total Assets (Beginning of Year)	$1.6B
Net Assets (End of Year)	$1.7B
Net Income	$177M
Employer EIN	366492502
Plan Effective Date	1955-01-05
Filing Status	FILING RECEIVED

Sponsor Plan History (Bd of Trustees Local 705 I.B. of T. Pension Trust Fund)

Total plan assets by year, all Bd of Trustees Local 705 I.B. of T. Pension Trust Fund plans on file

Year	Plans	Participants	Total Assets
2023	1	5,722	$1.7B
2024	1	5,346	$1.9B

Nearby Defined Benefit (Pension) Plans in Illinois

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

Local 705 Int'l Brotherhood of Teamsters Pension Tr. Fd. vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants

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

Compare Local 705 Int'l Brotherhood of Teamsters… side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Local 705 Int'l Brotherhood of Teamsters Pension Tr. Fd. by total assets, not by location.

Automatic Data Processing Inc Pension Retirement Plan (NJ) $1.7B · 10,502
Unisys Pension Plan (PA) $1.7B · 387
American Federation of Musicians and Employers' Pension Fund and Subsidiary (NY) $1.8B · 18,826
Ecolab Pension Plan (MN) $1.7B · 18,541

Frequently Asked Questions

How did Local 705 Int'l Brotherhood of Teamsters Pension Tr. Fd. assets move in 2023? ▼

Local 705 Int'l Brotherhood of Teamsters Pension Tr. Fd. grew at a solid clip - up 11.3% during 2023, from $1.6B to $1.7B. Reported net income was $177M.

How have Bd of Trustees Local 705 I.B. of T. Pension Trust Fund plan assets changed over time? ▼

Across 2 plan years on file (2023-2024), Bd of Trustees Local 705 I.B. of T. Pension Trust Fund's sponsor-wide assets grew 9.1%, from $1.7B to $1.9B.

Where does Local 705 Int'l Brotherhood of Teamsters Pension Tr. Fd. rank by assets among Form 5500 filers? ▼

Local 705 Int'l Brotherhood of Teamsters Pension Tr. Fd. ranks in the 99th percentile by end-of-year assets among 126,618 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).

Which Defined Benefit (Pension) plans are similar in size to Local 705 Int'l Brotherhood of Teamsters Pension Tr. Fd.? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is Automatic Data Processing Inc Pension Retirement Plan in NJ ($1.7B, 10,502 participants).

Next read for Local 705 Int'l Brotherhood of Teamsters…

Filing takeaways

Ways to act on Local 705 Int'l Brotherhood of Teamsters Pension Tr. Fd.'s numbers.

By total assets, Local 705 Int'l Brotherhood of Teamsters Pension Tr. Fd. ranks among the largest 1% of all filed plans. See the largest plans
Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Illinois. Compare plans
Bd of Trustees Local 705 I.B. of T. Pension Trust Fund's sponsor-wide assets have grown 9.1% since 2023 across 2 plan years on file. More Transportation & Warehousing plans

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 366492502.