Other
2023 plan-year Other DOL Form 5500

Local 705 Int'l Brotherhood of Teamsters Pension Tr. Fd.

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Bd of Trustees Local 705 I.B. of T. Pension Trust Fund · Illinois · Transportation & Warehousing

What the 2023 filing shows

Local 705 Int'l Brotherhood of Teamsters Pension Tr. Fd. holds $1.7B for 5,722 participants — about $303,782 per participant, up 11.3% over the 2023 plan year.

$1.7B
total plan assets (2023 EOY)
5,722
covered participants
$303,782
avg assets per participant
+11.3%
assets growth YoY
Total Assets (2023)
$1.7B
Participants
5,722
State
Industry
Transportation & Warehousing

What the Filing Says About Local 705 Int'l Brotherhood of Teamsters Pension Tr. Fd.

Local 705 Int'l Brotherhood of Teamsters Pension Tr. Fd. is a Other retirement plan sponsored by Bd of Trustees Local 705 I.B. of T. Pension Trust Fund, headquartered in Illinois. As of the 2023 Form 5500 filing, the plan reports $1.7B in total end-of-year assets and covers 5,722 participants across the Transportation & Warehousing industry. The sponsor's EIN on file with the U.S. Department of Labor is 366492502, and the plan has been effective since 1955-01-05. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $1.6B at the beginning of 2023 to $1.7B at year-end — a gain of 11.3%. Net assets (after liabilities) closed the year at $1.7B, with reported net income of $177M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 1 prior plan-year filing from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$1.6B
Total Assets (End of Year)$1.7B
Net Assets (End of Year)$1.7B
Net Income$177M
Plan TypeOther
Employer EIN366492502
Plan Effective Date1955-01-05
Filing StatusFILING RECEIVED

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

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

Nearby Other Plans in Illinois

Peer Other plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the Local 705 Int'l Brotherhood of Teamsters Pension Tr. Fd.?
As of the 2023 Form 5500 filing, Local 705 Int'l Brotherhood of Teamsters Pension Tr. Fd. holds $1.7B in total assets with 5,722 participants. It is sponsored by Bd of Trustees Local 705 I.B. of T. Pension Trust Fund.
What type of plan is Local 705 Int'l Brotherhood of Teamsters Pension Tr. Fd.?
Local 705 Int'l Brotherhood of Teamsters Pension Tr. Fd. is a Other plan. It has been effective since 1955-01-05. The plan is filed with the U.S. Department of Labor under EIN 366492502.
Who sponsors the Local 705 Int'l Brotherhood of Teamsters Pension Tr. Fd.?
Local 705 Int'l Brotherhood of Teamsters Pension Tr. Fd. is sponsored by Bd of Trustees Local 705 I.B. of T. Pension Trust Fund, located in Illinois. The sponsor's EIN is 366492502 and the plan operates in the Transportation & Warehousing industry.
How did Local 705 Int'l Brotherhood of Teamsters Pension Tr. Fd. perform in 2023?
Local 705 Int'l Brotherhood of Teamsters Pension Tr. Fd. grew by 11.3% during 2023, moving from $1.6B to $1.7B in total assets. Net income was $177M.
Where can I find official filings for Local 705 Int'l Brotherhood of Teamsters Pension Tr. Fd.?
Official Form 5500 filings for Local 705 Int'l Brotherhood of Teamsters Pension Tr. Fd. are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 366492502 or plan name at efast.dol.gov.
How does Local 705 Int'l Brotherhood of Teamsters Pension Tr. Fd. compare to other plans?
You can compare Local 705 Int'l Brotherhood of Teamsters Pension Tr. Fd. against other Other plans on the plan type page, or view plans in Illinois on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

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