Other · DOL Form 5500 · 2023

Board of Trustees Chicago Area Ibt Severance and Retirement Trust Fund Retirement Plan

Data updated 2026-08-11

$52M
Total assets
1,277
Participants
86th
Percentile by assets
$40,474
Avg per participant
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Official DOL plan name: Chicago Area Ib of T Severance and Retirement Plan · Sponsored by Board of Trustees Chicago Area Ibt Severance and Retirement Trust Fund · Illinois · Wholesale Trade

$52M in assets, 1,277 participants

Board of Trustees Chicago Area Ibt Severance and Retirement Trust Fund's Chicago Area Ib of T Severance and Retirement Plan reported $52M in total assets and 1,277 participants in its 2023 DOL Form 5500 filing, ranking in the 86th 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.

  • 86th percentile by assets (of 127,072 plans)
  • #5,505 in Wholesale Trade (6,309 peers)

Where Chicago Area Ib of T Severance and Retirement Plan sits by assets

Chicago Area Ib of T Severance and Retirement Plan sits in the top quartile of all filed plans by assets, $52M for 1,277 participants (~$40,474/participant), up 2.7% in 2023.

$52M
total plan assets (2023 EOY)
1,277
covered participants
86th
percentile by assets (of 127,072 plans)
$40,474
avg assets per participant

Where Chicago Area Ib of T Severance and Retirement Plan sits by total assets

Chicago Area Ib of T Severance and Retirement Plan vs every filed plan by assets

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

$51,684,825 Top 14% higher than 86% of 127,068 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Chicago Area Ib of T Severance and Retirement Plan reported net income rose from -$4M in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • Chicago Area Ib of T Severance and Retirement Plan reported participants rose from 1,144 in the plan year 2022 filing to 1,277 in the plan year 2023 filing.
  • Chicago Area Ib of T Severance and Retirement Plan end-of-year assets rose from $50M in the plan year 2022 filing to $52M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Chicago Area Ib of T Severance and Retirement Plan vs the 2023 asset distribution

By assets, Chicago Area Ib of T Severance and Retirement Plan outranks 86% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 0.5x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$50M
Net Assets (End of Year)$52M
Net Income$1M
Employer EIN363296789
Plan Effective Date1984-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees Chicago Area Ibt Severance and Retirement Trust Fund)

$48M$50M$52M$54M$56M 202220232024 $50.3M $54.9M ▲ +9.1%
Total plan assets by year, all Board of Trustees Chicago Area Ibt Severance and Retirement Trust Fund plans on file
Year Plans Participants Total Assets
2022 1 1,144 $50M
2023 1 1,277 $52M
2024 1 1,377 $55M

Nearby Other Plans in Illinois

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

Chicago Area Ib of T Severance and Retirement Plan vs. nearby Other plans in Illinois, assets vs. participants

Chicago Area Ib of T Severance and Retirement Plan vs. nearby Other plans in Illinois, assets vs. participants Scatter plot of 6 data points. 050001000015000 -1012345 Total assets ($B) Participants Chicago Area Ib of T…Northwestern Univers…The University of Ch…Endeavor Health Lega…The University of Ch…Argonne National Lab…
Chicago Area Ib of T Severance and Retirement Plan vs. nearby Other plans in Illinois, assets vs. participants

Similar-Sized Other Plans Nationally

Other plans in other states closest to Chicago Area Ib of T Severance and Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Chicago Area Ib of T Severance and Retirement Plan assets move in 2023?
Chicago Area Ib of T Severance and Retirement Plan edged up modestly - up 2.7% during 2023, from $50M to $52M. Reported net income was $1M.
How have Board of Trustees Chicago Area Ibt Severance and Retirement Trust Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees Chicago Area Ibt Severance and Retirement Trust Fund's sponsor-wide assets grew 9.1%, from $50M to $55M.
Where does Chicago Area Ib of T Severance and Retirement Plan rank by assets among Form 5500 filers?
Chicago Area Ib of T Severance and Retirement Plan ranks in the 86th 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 Other plans are similar in size to Chicago Area Ib of T Severance and Retirement Plan?
Among Other plans in other states, the closest by assets is St. Mark's School Retirement Savings Plan in MA ($52M, 162 participants).

Next read for Chicago Area Ib of T Severance and Retir…

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Ways to act on Chicago Area Ib of T Severance and Retirement Plan's numbers.

  • By total assets, Chicago Area Ib of T Severance and Retirement Plan ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Other plans in Illinois. Compare plans
  • Board of Trustees Chicago Area Ibt Severance and Retirement Trust Fund's sponsor-wide assets have grown 9.1% since 2022 across 3 plan years on file. More Wholesale Trade plans