Defined Benefit (Pension) · DOL Form 5500 · 2023

Board of Trustees - Midwest Pension Plan Pension Plan

Data updated 2026-08-25

$127M
Total assets Near avg plan size
1,707
Participants Near avg headcount
93rd
Percentile by assets National rank
$74,594
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Midwest Pension Plan · Sponsored by Board of Trustees - Midwest Pension Plan · Illinois · Manufacturing

$127M in assets, 1,707 participants

Board of Trustees - Midwest Pension Plan's Midwest Pension Plan reported $127M in total assets and 1,707 participants in its 2023 DOL Form 5500 filing, ranking in the 93rd 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.

  • #16,635 in Manufacturing (18,722 peers)

Coverage in Illinois

Midwest Pension Plan covers 1,707 participants in Illinois, 2.2x the typical Illinois plan (state average ~779 per filing). Assets: $127M.

#16,635
in Manufacturing (18,722 peers)
-3.6%
assets change YoY
1.3×
vs typical plan assets (national mean)

The plan reported a net loss of $5M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Midwest Pension Plan's outsized position by total assets

Midwest Pension Plan vs every filed plan by assets

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

$127,331,218 Top 7% higher than 93% 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

Midwest Pension Plan'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. Midwest Pension Plan lands in the large band (1,707 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Midwest Pension Plan reported net income rose from -$16M in the plan year 2022 filing to -$5M in the plan year 2023 filing.
  • Midwest Pension Plan end-of-year assets fell from $132M in the plan year 2022 filing to $127M in the plan year 2023 filing.
  • Midwest Pension Plan reported participants fell from 1,758 in the plan year 2022 filing to 1,707 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 366512748 · Board of Trustees - Midwest Pension Plan PY 2023 · Defined Benefit (Pension)

Midwest Pension Plan · $127M · 1,707 · 93rd

  • BOY $127M
  • SCH 1,707
  • EBSA 93rd
  • PART Defined Benefit (Pension)
  • TYPE near Graco Employee Retirement Plan - Blue
  • NET ind #16635

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 Manufacturing retirement plans → · Plans in Illinois →

Midwest Pension Plan in the asset neighbourhood

Infineum Pension Plan$127MGraco Employee Retirement Plan - BlueGraco Employee Retirement Pl…$127MMidwest Pension Plan$127MRetirement Income Plan for Employees of Eisenhower Medical CenterRetirement Income Plan for E…$127MKaiser Permanente Optometrists Retirement PlanKaiser Permanente Optometris…$127M
End-of-year total assets ($M) among Midwest Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Illinois filing particulars

Total Assets (Beginning of Year)$132M
Net Assets (End of Year)$127M
Net Income-$5M
Employer EIN366512748
Plan Effective Date1967-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees - Midwest Pension Plan)

Sponsor-wide plan assets over time

All Board of Trustees - Midwest Pension Plan plans reported in each filing year

Latest sponsor-wide plan assets
$123M 6.767052447620403% vs 2022
2024 filing year
$120M$125M$130M$135M 202220232024 $132M $123M ▼ -6.8%
Year Plans Participants Total Assets
2022 1 1,758 $132M
2023 1 1,707 $127M
2024 1 1,725 $123M

Nearby Defined Benefit (Pension) Plans in Illinois

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

Midwest Pension Plan vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -200204060 Total assets ($B) Participants Midwest Pension Plan, Total assets ($B): 0.127331218 · Participants: 1707Midwest Pension PlanCentral 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
Midwest Pension Plan vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants
Compare Midwest Pension Plan side-by-side with 3 peers →

Midwest Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Illinois, the nearest Defined Benefit (Pension) by assets is Graco Employee Retirement Plan - Blue in MN ($127M); by covered participants it is Windstream Pension Plan in AR (1,704 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($127M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,707 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 Midwest Pension Plan assets move in 2023? ▼
Midwest Pension Plan edged down modestly - down 3.6% during 2023, from $132M to $127M. Reported net income was -$5M.
How have Board of Trustees - Midwest Pension Plan plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees - Midwest Pension Plan's sponsor-wide assets declined 6.8%, from $132M to $123M.
Where does Midwest Pension Plan rank by assets among Form 5500 filers? ▼
Midwest Pension Plan ranks in the 93rd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Midwest Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Graco Employee Retirement Plan - Blue in MN ($127M, 400 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Midwest Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Windstream Pension Plan in AR (1,704 participants, $415M 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 366512748.

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.