Profit Sharing · DOL Form 5500 · 2023

Board of Trustees Local No. 1 Suburban 401(k) Savings Plan Profit Sharing Plan

Data updated 2026-08-11

$8M
Total assets: 3,505
Participants: 54th
Percentile by assets: $2,266
Avg per participant

Official DOL plan name: Local No. 1 Suburban 401(k) Savings Plan · Sponsored by Board of Trustees Local No. 1 Suburban 401(k) Savings Plan · Illinois · Administrative & Support Services

$8M in assets, 3,505 participants

Board of Trustees Local No. 1 Suburban 401(k) Savings Plan's Local No. 1 Suburban 401(k) Savings Plan reported $8M in total assets and 3,505 participants in its 2023 DOL Form 5500 filing, ranking in the 54th 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.

54th percentile by assets (of 127,072 plans)
#3,221 in Administrative & Support Services (4,372 peers)

Coverage in Illinois

Local No. 1 Suburban 401(k) Savings Plan covers 3,505 participants in Illinois, 4.5x the typical Illinois plan (state average ~779 per filing). Assets: $8M.

$8M
total plan assets (2023 EOY): 3,505
covered participants: 54th
percentile by assets (of 127,072 plans): $2,266
avg assets per participant

Where Local No. 1 Suburban 401(k) Savings Plan sits by total assets

Local No. 1 Suburban 401(k) Savings Plan vs every filed plan by assets

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

$7,942,199 Top 46% higher than 54% of 127,068 filed plans

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Local No. 1 Suburban 401(k) Savings Plan end-of-year assets rose from $5M in the plan year 2022 filing to $8M in the plan year 2023 filing.
Local No. 1 Suburban 401(k) Savings Plan reported net income rose from $2M in the plan year 2022 filing to $3M in the plan year 2023 filing.
Local No. 1 Suburban 401(k) Savings Plan reported participants rose from 2,988 in the plan year 2022 filing to 3,505 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Illinois

Industry

Administrative & Support Services

Participants vs Illinois filers

In Illinois, the average filing covers about 779 participants across 5,745 plans. Local No. 1 Suburban 401(k) Savings Plan reports 3,505 participants - 4.5x that state average ($8M EOY assets).

Illinois filing particulars

Total Assets (Beginning of Year)	$5M
Net Assets (End of Year)	$8M
Net Income	$3M
Employer EIN	843791959
Plan Effective Date	2019-11-12
Filing Status	FILING RECEIVED

Sponsor Plan History (Board of Trustees Local No. 1 Suburban 401(k) Savings Plan)

Total plan assets by year, all Board of Trustees Local No. 1 Suburban 401(k) Savings Plan plans on file

Year	Plans	Participants	Total Assets
2022	1	2,988	$5M
2023	1	3,505	$8M
2024	1	4,390	$11M

Nearby Profit Sharing Plans in Illinois

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

Local No. 1 Suburban 401(k) Savings Plan vs. nearby Profit Sharing plans in Illinois, assets vs. participants

W. W. Grainger, Inc. Retirement Savings Plan $3.5B · 18,524
Electrical Contractors Assoc. of the City of Chgo Union 134, IBEW Joint Pension Trust of Chgo Plan 5 $3.2B · 23,108
Mcmaster-Carr Supply Company Profit Sharing Trust $2.7B · 4,366
Mid-America Carpenters Regional Council Supplemental Retirement Plan $1.8B · 16,214
Carle Foundation Hospital and Affiliates Matching Tsa Plan $1.2B · 15,604

Compare Local No. 1 Suburban 401(k) Savings Plan side-by-side with 3 peers →

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Local No. 1 Suburban 401(k) Savings Plan by total assets, not by location.

Interfaith 403(b) Retirement Plan (TX) $8M · 298
Forest Hill Capital, LLC Profit Sharing Plan (AR) $8M · 4
American Funds Basic Profit Sharing (HI) $8M · 2
Metropolitan Homes, Inc. Profit Sharing Plan (NY) $8M · 7

Frequently Asked Questions

How did Local No. 1 Suburban 401(k) Savings Plan assets move in 2023? ▼

Local No. 1 Suburban 401(k) Savings Plan surged - up 70.2% during 2023, from $5M to $8M. Reported net income was $3M.

How have Board of Trustees Local No. 1 Suburban 401(k) Savings Plan plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Board of Trustees Local No. 1 Suburban 401(k) Savings Plan's sponsor-wide assets grew 133.9%, from $5M to $11M.

Which Profit Sharing plans are similar in size to Local No. 1 Suburban 401(k) Savings Plan? ▼

Among Profit Sharing plans in other states, the closest by assets is Interfaith 403(b) Retirement Plan in TX ($8M, 298 participants).

Next read for Local No. 1 Suburban 401(k) Savings Plan

Filing takeaways

Ways to act on Local No. 1 Suburban 401(k) Savings Plan's numbers.

By total assets, Local No. 1 Suburban 401(k) Savings Plan ranks above the median plan by assets. See the largest plans
Compare it side-by-side against 3 similar Profit Sharing plans in Illinois. Compare plans
Board of Trustees Local No. 1 Suburban 401(k) Savings Plan's sponsor-wide assets have grown 133.9% since 2022 across 3 plan years on file. More Administrative & Support Services 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 843791959.