Defined Benefit (Pension) · DOL Form 5500 · 2023

Trustees of the Smart Local 265 Pension Fund Pension Plan

Data updated 2026-08-11

$566M
Total assets: 1,201
Participants: 98th
Percentile by assets: $471,441
Avg per participant

Official DOL plan name: Smart Local 265 Pension Fund · Sponsored by Trustees of the Smart Local 265 Pension Fund · Illinois · Construction

$566M in assets, 1,201 participants

Trustees of the Smart Local 265 Pension Fund's Smart Local 265 Pension Fund reported $566M in total assets and 1,201 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.

98th percentile by assets (of 127,072 plans)
#8,808 in Construction (9,030 peers)

Where Smart Local 265 Pension Fund sits by assets

Smart Local 265 Pension Fund sits in the top 5% of all filed plans by assets, $566M for 1,201 participants (~$471,441/participant), up 7.5% in 2023.

$566M
total plan assets (2023 EOY): 1,201
covered participants: 98th
percentile by assets (of 127,072 plans): $471,441
avg assets per participant

Smart Local 265 Pension Fund reported net income rose from $31M in the plan year 2022 filing to $40M in the plan year 2023 filing.
Smart Local 265 Pension Fund end-of-year assets rose from $527M in the plan year 2022 filing to $566M in the plan year 2023 filing.
Smart Local 265 Pension Fund reported participants rose from 1,134 in the plan year 2022 filing to 1,201 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Illinois

Industry

Construction

Smart Local 265 Pension Fund vs the 2023 asset distribution

By assets, Smart Local 265 Pension Fund outranks 98% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 5.7x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)	$527M
Net Assets (End of Year)	$565M
Net Income	$40M
Employer EIN	366168611
Plan Effective Date	1962-07-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Trustees of the Smart Local 265 Pension Fund)

Total plan assets by year, all Trustees of the Smart Local 265 Pension Fund plans on file

Year	Plans	Participants	Total Assets
2022	1	1,134	$527M
2023	1	1,201	$566M
2024	1	1,224	$607M

Nearby Defined Benefit (Pension) Plans in Illinois

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

Smart Local 265 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 Smart Local 265 Pension Fund side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Smart Local 265 Pension Fund by total assets, not by location.

St Louis Painters Pension Plan (MO) $566M · 1,345
Nestle Hourly Retirement Plan (OH) $567M · 3,185
Blue Shield of California Employees Retirement Plan (CA) $566M · 2,766
Arconic Corp. Pension Plan B (PA) $565M · 3,877

Frequently Asked Questions

How did Smart Local 265 Pension Fund assets move in 2023? ▼

Smart Local 265 Pension Fund grew at a solid clip - up 7.5% during 2023, from $527M to $566M. Reported net income was $40M.

How have Trustees of the Smart Local 265 Pension Fund plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Trustees of the Smart Local 265 Pension Fund's sponsor-wide assets grew 15.4%, from $527M to $607M.

Where does Smart Local 265 Pension Fund rank by assets among Form 5500 filers? ▼

Smart Local 265 Pension Fund ranks in the 98th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).

Which Defined Benefit (Pension) plans are similar in size to Smart Local 265 Pension Fund? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is St Louis Painters Pension Plan in MO ($566M, 1,345 participants).

Next read for Smart Local 265 Pension Fund

Scale reading

Ways to act on Smart Local 265 Pension Fund's numbers.

By total assets, Smart Local 265 Pension Fund ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Illinois. Compare plans
Trustees of the Smart Local 265 Pension Fund's sponsor-wide assets have grown 15.4% since 2022 across 3 plan years on file. More Construction 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 366168611.