Defined Benefit (Pension) · DOL Form 5500 · 2023

Trustees of Local Union 786 Ibt Material Pension Pension Plan

Data updated 2026-08-11

$376M
Total assets: 1,031
Participants: 97th
Percentile by assets: $364,426
Avg per participant

Official DOL plan name: Local Union 786 Building Material Pension Fund · Sponsored by Trustees of Local Union 786 Ibt Material Pension · Illinois · Wholesale Trade

$376M in assets, 1,031 participants

Trustees of Local Union 786 Ibt Material Pension's Local Union 786 Building Material Pension Fund reported $376M in total assets and 1,031 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.

97th percentile by assets (of 127,072 plans)
#6,171 in Wholesale Trade (6,309 peers)

Where Local Union 786 Building Material Pension Fund sits by assets

Local Union 786 Building Material Pension Fund sits in the top 5% of all filed plans by assets, $376M for 1,031 participants (~$364,426/participant), up 10.2% in 2023.

$376M
total plan assets (2023 EOY): 1,031
covered participants: 97th
percentile by assets (of 127,072 plans): $364,426
avg assets per participant

Local Union 786 Building Material Pension Fund reported net income rose from $18M in the plan year 2022 filing to $35M in the plan year 2023 filing.
Local Union 786 Building Material Pension Fund end-of-year assets rose from $341M in the plan year 2022 filing to $376M in the plan year 2023 filing.
Local Union 786 Building Material Pension Fund reported participants rose from 995 in the plan year 2022 filing to 1,031 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Illinois

Industry

Wholesale Trade

Local Union 786 Building Material Pension Fund vs the 2023 asset distribution

By assets, Local Union 786 Building Material Pension Fund outranks 97% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 3.8x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)	$341M
Net Assets (End of Year)	$376M
Net Income	$35M
Employer EIN	516067400
Plan Effective Date	1961-04-25
Filing Status	FILING RECEIVED

Sponsor Plan History (Trustees of Local Union 786 Ibt Material Pension)

Total plan assets by year, all Trustees of Local Union 786 Ibt Material Pension plans on file

Year	Plans	Participants	Total Assets
2022	1	995	$341M
2023	1	1,031	$376M
2024	1	995	$394M

Nearby Defined Benefit (Pension) Plans in Illinois

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

Local Union 786 Building Material 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 Union 786 Building Material Pensio… side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Local Union 786 Building Material Pension Fund by total assets, not by location.

Kaiser Permanente Physicians and Employees Retirement Plan (CA) $376M · 1,185
Ironworkers Local 11 Pension Fund (NJ) $376M · 1,159
Foster Farms Group Pension Plan (CA) $375M · 2,691
Smart Local Unions and Councils Pension Fund (VA) $375M · 938

Frequently Asked Questions

How did Local Union 786 Building Material Pension Fund assets move in 2023? ▼

Local Union 786 Building Material Pension Fund grew at a solid clip - up 10.2% during 2023, from $341M to $376M. Reported net income was $35M.

How have Trustees of Local Union 786 Ibt Material Pension plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Trustees of Local Union 786 Ibt Material Pension's sponsor-wide assets grew 15.6%, from $341M to $394M.

Where does Local Union 786 Building Material Pension Fund rank by assets among Form 5500 filers? ▼

Local Union 786 Building Material Pension Fund ranks in the 97th 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 Local Union 786 Building Material Pension Fund? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is Kaiser Permanente Physicians and Employees Retirement Plan in CA ($376M, 1,185 participants).

Next read for Local Union 786 Building Material Pensio…

Scale reading

Ways to act on Local Union 786 Building Material Pension Fund's numbers.

By total assets, Local Union 786 Building Material 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 Local Union 786 Ibt Material Pension's sponsor-wide assets have grown 15.6% since 2022 across 3 plan years on file. More Wholesale 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 516067400.