Profit Sharing · DOL Form 5500 · 2023

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

Data updated 2026-08-11

$34M
Total assets: 1,374
Participants: 81st
Percentile by assets: $24,801
Avg per participant

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.

81st percentile by assets (of 127,072 plans)
#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.

$34M
total plan assets (2023 EOY): 1,374
covered participants: 81st
percentile by assets (of 127,072 plans): $24,801
avg assets per participant

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 →

State

Illinois

Industry

Retail Trade

Local 786 I.B. of T. Severance Trust Fund vs the 2023 asset distribution

By assets, Local 786 I.B. of T. Severance Trust Fund outranks 81% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 0.3x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)	$26M
Net Assets (End of Year)	$34M
Net Income	$8M
Employer EIN	363319994
Plan Effective Date	1984-06-01
Filing Status	FILING RECEIVED

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

Total plan assets by year, all Board of Trustees of Local 786 I.B. of T. Severance Trust Fund plans on file

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

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 786 I.B. of T. Severance Trust Fun… side-by-side with 3 peers →

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Local 786 I.B. of T. Severance Trust Fund by total assets, not by location.

Edges Electrical Group Profit Sharing Plan (CA) $34M · 326
Operating Engineers Local 139 Defined Contribution Annuity Fund (WI) $34M · 6,242
The Corning Museum of Glass Defined Contribution Retirement Plan (NY) $34M · 155
American Student Assistance 403(b) Retirement Plan (MA) $34M · 79

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).

Next read for Local 786 I.B. of T. Severance Trust Fun…

Scale reading

Ways to act on Local 786 I.B. of T. Severance Trust Fund's numbers.

By total assets, Local 786 I.B. of T. Severance Trust Fund ranks in the top quartile of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Profit Sharing plans in Illinois. Compare plans
Board of Trustees of Local 786 I.B. of T. Severance Trust Fund's sponsor-wide assets have grown 57.4% since 2022 across 3 plan years on file. More Retail Trade 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 363319994.