Defined Benefit (Pension) · DOL Form 5500 · 2023

Trustees of Local 3 Tire and Plastic Division Pension Fund Pension Plan

Data updated 2026-08-11

$25K
Total assets: N/A
Participants: 2nd
Percentile by assets

Official DOL plan name: Local 3 Tire and Plastic Division Pension Fund · Sponsored by Trustees of Local 3 Tire and Plastic Division Pension Fund · Illinois · Manufacturing

$25K in assets, N/A participants

Trustees of Local 3 Tire and Plastic Division Pension Fund's Local 3 Tire and Plastic Division Pension Fund reported $25K in total assets and N/A participants in its 2023 DOL Form 5500 filing, ranking in the 2nd 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.

2nd percentile by assets (of 127,072 plans)
#183 in Manufacturing (18,722 peers)

2023 asset change

Local 3 Tire and Plastic Division Pension Fund pulled back noticeably 11.0% in 2023 ($28K → $25K) for N/A participants.

$25K
total plan assets (2023 EOY): N/A
covered participants: 2nd
percentile by assets (of 127,072 plans): -11.0%
assets change YoY

The plan reported a net loss of $65K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Local 3 Tire and Plastic Division Pension Fund reported net income rose from -$75K in the plan year 2022 filing to -$65K in the plan year 2023 filing.
Local 3 Tire and Plastic Division Pension Fund end-of-year assets fell from $28K in the plan year 2022 filing to $25K in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Illinois

Industry

Manufacturing

2023 asset move for Local 3 Tire and Plastic Division Pension Fund

Year over year, total assets pulled back noticeably from $28K at the start of 2023 to $25K at year-end (down 11.0%). Net assets closed at -$116K; reported net income -$65K.

Trustees of Local 3 Tire and Plastic Division Pension Fund years around the 2023 move

Total plan assets by year, all Trustees of Local 3 Tire and Plastic Division Pension Fund plans on file

Year	Plans	Participants	Total Assets
2022	1	N/A	$28K
2023	1	N/A	$25K
2024	1	N/A	$25K

2023 asset-move particulars

Total Assets (Beginning of Year)	$28K
Net Assets (End of Year)	-$116K
Net Income	-$65K
Employer EIN	366514936
Plan Effective Date	1968-01-01
Filing Status	FILING RECEIVED

Nearby Defined Benefit (Pension) Plans in Illinois

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

Local 3 Tire and Plastic Division Pension Fund vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants

Central States, Southeast & Southwest Areas Pension Plan $49.7B · 48,538
State Farm Insurance Companies Retirement Plan for United States Employees $35.2B · 45,001
United Food & Commercial Workers Intl Union - Industry Pension Fund $8.0B · 20,680
John Deere Pension Plan for Salaried Employees $8.0B · 16,346
Abbott Laboratories Annuity Retirement Plan $7.8B · 17,382

Compare Local 3 Tire and Plastic Division Pensio… side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Local 3 Tire and Plastic Division Pension Fund by total assets, not by location.

Destination Xl Group, Inc. Retirement Plan (MA) $24K · 31
Dickson Housing Authority Money Purchase Pension Plan (TN) $27K · 1
The Milwaukee Motion Picture Projectionists' Local 164 Retirement Plan (WI) $27K · N/A
Ducks Unlimited, Inc. Pension Plan (TN) $22K · 225

Frequently Asked Questions

How did Local 3 Tire and Plastic Division Pension Fund assets move in 2023? ▼

Local 3 Tire and Plastic Division Pension Fund pulled back noticeably - down 11.0% during 2023, from $28K to $25K. Reported net income was -$65K.

How have Trustees of Local 3 Tire and Plastic Division Pension Fund plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Trustees of Local 3 Tire and Plastic Division Pension Fund's sponsor-wide assets declined 9.2%, from $28K to $25K.

Where does Local 3 Tire and Plastic Division Pension Fund rank by assets among Form 5500 filers? ▼

Local 3 Tire and Plastic Division Pension Fund ranks in the 2nd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the smaller plans by assets on file).

Which Defined Benefit (Pension) plans are similar in size to Local 3 Tire and Plastic Division Pension Fund? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is Destination Xl Group, Inc. Retirement Plan in MA ($24K, 31 participants).

Next read for Local 3 Tire and Plastic Division Pensio…

2023 change

Ways to act on Local 3 Tire and Plastic Division Pension Fund's numbers.

By total assets, Local 3 Tire and Plastic Division Pension Fund ranks among the smaller plans by assets on file. See the largest plans
Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Illinois. Compare plans
Trustees of Local 3 Tire and Plastic Division Pension Fund's sponsor-wide assets have declined 9.2% since 2022 across 3 plan years on file. More Manufacturing plans

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 366514936.