Defined Benefit (Pension) · DOL Form 5500 · 2023

Ideal Industries, Inc. Pension Plan

Data updated 2026-08-25

$47M
Total assets Below avg plan size
1,100
Participants Near avg headcount
85th
Percentile by assets National rank
$42,797
Avg per participant Low balance/head
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Official DOL plan name: Ideal Industries, Inc. Retirement Plan · Sponsored by Ideal Industries, Inc. · Illinois · Manufacturing

$47M in assets, 1,100 participants

Ideal Industries, Inc.'s Ideal Industries, Inc. Retirement Plan reported $47M in total assets and 1,100 participants in its 2023 DOL Form 5500 filing, ranking in the 85th 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.

  • #14,648 in Manufacturing (18,722 peers)

Where Ideal Industries, Inc. Retirement Plan sits by assets

Ideal Industries, Inc. Retirement Plan sits in the top quartile of all filed plans by assets, $47M for 1,100 participants (~$42,797/participant), up 14.3% in 2023.

#14,648
in Manufacturing (18,722 peers)
+14.3%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Ideal Industries, Inc. Retirement Plan's outsized position by total assets

Ideal Industries, Inc. Retirement Plan vs every filed plan by assets

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

$47,076,965 Top 15% higher than 85% 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

Ideal Industries, Inc. Retirement 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. Ideal Industries, Inc. Retirement Plan lands in the large band (1,100 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Ideal Industries, Inc. Retirement Plan reported net income rose from -$16M in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • Ideal Industries, Inc. Retirement Plan end-of-year assets rose from $41M in the plan year 2022 filing to $47M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 362048768 · Ideal Industries, Inc. PY 2023 · Defined Benefit (Pension)

Ideal Industries, Inc. Retirement Plan · $47M · 1,100 · 85th

  • EOY $47M
  • 5500 1,100
  • ASSETS 85th
  • PCT Defined Benefit (Pension)
  • EIN near Local 1964 Ila Retirement Fund
  • RANK ind #14648

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 →

Ideal Industries, Inc. Retirement Plan in the asset neighbourhood

Ideal Industries, Inc. Retirement PlanIdeal Industries, Inc. Retir…$47MLocal 1964 Ila Retirement FundLocal 1964 Ila Retirement Fu…$47MNew Orleans Electrical Pension FundNew Orleans Electrical Pensi…$47MCollins Pine Company Retirement PlanCollins Pine Company Retirem…$47MActors' Equity Association Staff Pension PlanActors' Equity Association S…$47M
End-of-year total assets ($M) among Ideal Industries, Inc. Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$41M
Net Assets (End of Year)$47M
Net Income$6M
Employer EIN362048768
Plan Effective Date1944-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Ideal Industries, Inc.)

Sponsor-wide plan assets over time

All Ideal Industries, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$160M 8.526304344433091% vs 2022
2024 filing year
$150M$160M$170M$180M 202220232024 $175M $160M ▼ -8.5%
Year Plans Participants Total Assets
2022 2 2,317 $175M
2023 2 2,260 $153M
2024 2 1,775 $160M

Nearby Defined Benefit (Pension) Plans in Illinois

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

Ideal Industries, Inc. Retirement Plan vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -200204060 Total assets ($B) Participants Ideal Industries, Inc. Retirement Plan, Total assets ($B): 0.047076965 · Participants: 1100Ideal Industries, Inc. Retirement 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
Ideal Industries, Inc. Retirement Plan vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants

Ideal Industries, Inc. Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Illinois, the nearest Defined Benefit (Pension) by assets is Local 1964 Ila Retirement Fund in NJ ($47M); by covered participants it is Indiana Teamsters Pension Plan in IN (1,100 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($47M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,100 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 Ideal Industries, Inc. Retirement Plan assets move in 2023?
Ideal Industries, Inc. Retirement Plan grew at a solid clip - up 14.3% during 2023, from $41M to $47M. Reported net income was $6M.
How have Ideal Industries, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Ideal Industries, Inc.'s sponsor-wide assets declined 8.5%, from $175M to $160M.
Where does Ideal Industries, Inc. Retirement Plan rank by assets among Form 5500 filers?
Ideal Industries, Inc. Retirement Plan ranks in the 85th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Ideal Industries, Inc. Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Local 1964 Ila Retirement Fund in NJ ($47M, 368 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Ideal Industries, Inc. Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Indiana Teamsters Pension Plan in IN (1,100 participants, $89M in assets).