Profit Sharing · DOL Form 5500 · 2023

Board of Trustees of Local 786 I.B. of T. Severance Trust Fund Profit Sharing Plan

Data updated 2026-08-25

$34M
Total assets Below avg plan size
1,374
Participants Near avg headcount
81st
Percentile by assets National rank
$24,801
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Local 786 I.B. of T. Severance Trust Fund · Sponsored by Board of Trustees of Local 786 I.B. of T. Severance Trust Fund · Illinois · Retail Trade

$34M in assets, 1,374 participants

Board of Trustees of Local 786 I.B. of T. Severance Trust Fund's Local 786 I.B. of T. Severance Trust Fund reported $34M in total assets and 1,374 participants in its 2023 DOL Form 5500 filing, ranking in the 81st 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.

  • #7,483 in Retail Trade (8,414 peers)

Where Local 786 I.B. of T. Severance Trust Fund sits by assets

Local 786 I.B. of T. Severance Trust Fund sits in the top quartile of all filed plans by assets, $34M for 1,374 participants (~$24,801/participant), up 30.7% in 2023.

#7,483
in Retail Trade (8,414 peers)
+30.7%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Local 786 I.B. of T. Severance Trust Fund's outsized position by total assets

Local 786 I.B. of T. Severance Trust Fund vs every filed plan by assets

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

$34,075,898 Top 19% higher than 81% 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

Local 786 I.B. of T. Severance Trust Fund'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. Local 786 I.B. of T. Severance Trust Fund lands in the large band (1,374 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Local 786 I.B. of T. Severance Trust Fund reported net income rose from $5M in the plan year 2022 filing to $8M in the plan year 2023 filing.
  • Local 786 I.B. of T. Severance Trust Fund end-of-year assets rose from $26M in the plan year 2022 filing to $34M in the plan year 2023 filing.
  • Local 786 I.B. of T. Severance Trust Fund reported participants rose from 1,288 in the plan year 2022 filing to 1,374 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 363319994 · Board of Trustees of Local 786 I.B. of T. Severance Trust Fund PY 2023 · Profit Sharing

Local 786 I.B. of T. Severance Trust Fund · $34M · 1,374 · 81st

  • EBSA $34M
  • PART 1,374
  • TYPE 81st
  • NET Profit Sharing
  • BOOK near Edges Electrical Group Profit Sharing Plan
  • VS-ST ind #7483

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 Retail Trade retirement plans → · Plans in Illinois →

Local 786 I.B. of T. Severance Trust Fund in the asset neighbourhood

The Corning Museum of Glass Defined Contribution Retirement PlanThe Corning Museum of Glass …$34MOperating Engineers Local 139 Defined Contribution Annuity FundOperating Engineers Local 13…$34MEdges Electrical Group Profit Sharing PlanEdges Electrical Group Profi…$34MLocal 786 I.B. of T. Severance Trust FundLocal 786 I.B. of T. Severan…$34MAmerican Student Assistance 403(b) Retirement PlanAmerican Student Assistance …$34M
End-of-year total assets ($M) among Local 786 I.B. of T. Severance Trust Fund and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$26M
Net Assets (End of Year)$34M
Net Income$8M
Employer EIN363319994
Plan Effective Date1984-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees of Local 786 I.B. of T. Severance Trust Fund)

Sponsor-wide plan assets over time

All Board of Trustees of Local 786 I.B. of T. Severance Trust Fund plans reported in each filing year

Latest sponsor-wide plan assets
$41M 57.401907047417296% vs 2022
2024 filing year
$20M$25M$30M$35M$40M$45M 202220232024 $26.1M $41M ▲ +57.4%
Year Plans Participants Total Assets
2022 1 1,288 $26M
2023 1 1,374 $34M
2024 1 1,155 $41M

Nearby Profit Sharing Plans in Illinois

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

Local 786 I.B. of T. Severance Trust Fund vs. nearby Profit Sharing plans in Illinois, assets vs. participants Scatter plot of 6 data points. 0500010000150002000025000 -101234 Total assets ($B) Participants Local 786 I.B. of T. Severance Trust Fund, Total assets ($B): 0.034075898 · Participants: 1374Local 786 I.B. of T. Severance Trust FundW. W. Grainger, Inc. Retirement Savings Plan, Total assets ($B): 3.454274218 · Participants: 18524W. W. Grainger, Inc. Retirement Savings PlanElectrical Contractors Assoc. of the City of Chgo Union 134, IBEW Joint Pension Trust of Chgo Plan 5, Total assets ($B): 3.245353634 · Participants: 23108Electrical Contractors Assoc. of the City of Chgo Union 134, IBEW Joint Pension Trust of Chgo Plan 5Mcmaster-Carr Supply Company Profit Sharing Trust, Total assets ($B): 2.733520068 · Participants: 4366Mcmaster-Carr Supply Company Profit Sharing TrustMid-America Carpenters Regional Council Supplemental Retirement Plan, Total assets ($B): 1.788799198 · Participants: 16214Mid-America Carpenters Regional Council Supplemental Retirement PlanCarle Foundation Hospital and Affiliates Matching Tsa Plan, Total assets ($B): 1.173752843 · Participants: 15604Carle Foundation Hospital and Affiliates Matching Tsa Plan
Local 786 I.B. of T. Severance Trust Fund vs. nearby Profit Sharing plans in Illinois, assets vs. participants
Compare Local 786 I.B. of T. Severance Trust Fund side-by-side with 3 peers →

Local 786 I.B. of T. Severance Trust Fund's out-of-state Profit Sharing peers by assets and headcount

Outside Illinois, the nearest Profit Sharing by assets is Edges Electrical Group Profit Sharing Plan in CA ($34M); by covered participants it is 401(a) Valley Presbyterian Hospital Defined Contribution Plan in CA (1,374 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,374 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 Local 786 I.B. of T. Severance Trust Fund assets move in 2023? ▼
Local 786 I.B. of T. Severance Trust Fund surged - up 30.7% during 2023, from $26M to $34M. Reported net income was $8M.
How have Board of Trustees of Local 786 I.B. of T. Severance Trust Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees of Local 786 I.B. of T. Severance Trust Fund's sponsor-wide assets grew 57.4%, from $26M to $41M.
Where does Local 786 I.B. of T. Severance Trust Fund rank by assets among Form 5500 filers? ▼
Local 786 I.B. of T. Severance Trust Fund ranks in the 81st 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 Profit Sharing plans are similar in size to Local 786 I.B. of T. Severance Trust Fund? ▼
Among Profit Sharing plans in other states, the closest by assets is Edges Electrical Group Profit Sharing Plan in CA ($34M, 326 participants).
Which Profit Sharing plans cover a similar participant headcount to Local 786 I.B. of T. Severance Trust Fund? ▼
Among Profit Sharing plans in other states, the closest by covered participants is 401(a) Valley Presbyterian Hospital Defined Contribution Plan in CA (1,374 participants, $71M 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 363319994.

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.