Defined Benefit (Pension) · DOL Form 5500 · 2023

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

Data updated 2026-08-25

$1.7B
Total assets Very large vs avg
5,722
Participants Above avg headcount
99th
Percentile by assets National rank
$303,782
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

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.

  • #3,312 in Transportation & Warehousing (3,362 peers)

Coverage in Illinois

Local 705 Int'l Brotherhood of Teamsters Pension Tr. Fd. covers 5,722 participants in Illinois, 7.3x the typical Illinois plan (state average ~779 per filing). Assets: $1.7B.

#3,312
in Transportation & Warehousing (3,362 peers)
+11.3%
assets growth YoY
17×
vs typical plan assets (national mean)

Local 705 Int'l Brotherhood of Teamsters Pension Tr. Fd.'s outsized position by total assets

Local 705 Int'l Brotherhood of Teamsters Pension Tr. Fd. vs every filed plan by assets

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

$1,738,237,900 Top 1% higher than 99% 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

Local 705 Int'l Brotherhood of Teamsters Pension Tr. Fd.'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. Local 705 Int'l Brotherhood of Teamsters Pension Tr. Fd. lands in the large band (5,722 participants).

DOL schedule card

Filing strip 366492502 · Bd of Trustees Local 705 I.B. of T. Pension Trust Fund PY 2023 · Defined Benefit (Pension)

Local 705 Int'l Brotherhood of Teamsters Pension Tr. Fd. · $1.7B · 5,722 · 99th

  • PHOTO $1.7B
  • PHOTO 5,722
  • PHOTO 99th
  • PHOTO Defined Benefit (Pension)
  • PHOTO near Automatic Data Processing Inc Pension Retirement Plan
  • PHOTO ind #3312

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 Transportation & Warehousing retirement plans → · Plans in Illinois →

Local 705 Int'l Brotherhood of Teamsters Pension Tr. Fd. in the asset neighbourhood

American Federation of Musicians and Employers' Pension Fund and SubsidiaryAmerican Federation of Music…$1.8BLocal 705 Int'l Brotherhood of Teamsters Pension Tr. Fd.Local 705 Int'l Brotherhood …$1.7BAutomatic Data Processing Inc Pension Retirement PlanAutomatic Data Processing In…$1.7BUnisys Pension Plan$1.7BEcolab Pension Plan$1.7B
End-of-year total assets ($B) among Local 705 Int'l Brotherhood of Teamsters Pension Tr. Fd. and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Illinois filing particulars

Total Assets (Beginning of Year)$1.6B
Net Assets (End of Year)$1.7B
Net Income$177M
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)

Sponsor-wide plan assets over time

All Bd of Trustees Local 705 I.B. of T. Pension Trust Fund plans reported in each filing year

Latest sponsor-wide plan assets
$1.9B 9.085328653805098% vs 2023
2024 filing year
$1.7B$1.75B$1.8B$1.85B$1.9B$1.95B 20232024 $1.74B $1.9B ▲ +9.2%
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 Scatter plot of 6 data points. 0100002000030000400005000060000 -200204060 Total assets ($B) Participants Local 705 Int'l Brotherhood of Teamsters Pension Tr. Fd., Total assets ($B): 1.7382379 · Participants: 5722Local 705 Int'l Brotherhood of Teamsters Pension Tr. Fd.Central 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
Local 705 Int'l Brotherhood of Teamsters Pension Tr. Fd. vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants
Compare Local 705 Int'l Brotherhood of Teamsters Pension Tr. Fd. side-by-side with 3 peers →

Local 705 Int'l Brotherhood of Teamsters Pension Tr. Fd.'s out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Illinois, the nearest Defined Benefit (Pension) by assets is Automatic Data Processing Inc Pension Retirement Plan in NJ ($1.7B); by covered participants it is United Food & Commercial Workers Union Local 880 - Retail Food Employers Joint Pension Fund in OH (5,701 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1.7B here).

Similar participant headcount

Nearest other-state filings by covered participants (5,722 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 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 127,072 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).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Local 705 Int'l Brotherhood of Teamsters Pension Tr. Fd.? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is United Food & Commercial Workers Union Local 880 - Retail Food Employers Joint Pension Fund in OH (5,701 participants, $444M 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 366492502.

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.