Defined Benefit (Pension) · DOL Form 5500 · 2023
Trustees of Local Union 786 Ibt Material Pension Pension Plan
Data updated 2026-08-25
- $376M
- Total assets Above avg plan size
- 1,031
- Participants Near avg headcount
- 97th
- Percentile by assets National rank
- $364,426
- Avg per participant High balance/head
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.
- #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.
- #6,171
- in Wholesale Trade (6,309 peers)
- +10.2%
- assets growth YoY
- 3.8×
- vs typical plan assets (national mean)
Local Union 786 Building Material Pension Fund's outsized position by total assets
Local Union 786 Building Material Pension Fund vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$375,722,986 Top 3% higher than 97% 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 Union 786 Building Material Pension 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 Union 786 Building Material Pension Fund lands in the large band (1,031 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- 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.
Published 5500 schedule card
Filing strip 516067400 · Trustees of Local Union 786 Ibt Material Pension PY 2023 · Defined Benefit (Pension)
Local Union 786 Building Material Pension Fund · $376M · 1,031 · 97th
- IND $376M
- EOY 1,031
- 5500 97th
- ASSETS Defined Benefit (Pension)
- PCT near Kaiser Permanente Physicians and Employees Retirement Plan
- EIN ind #6171
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 Wholesale Trade retirement plans → · Plans in Illinois →
Local Union 786 Building Material Pension Fund in the asset neighbourhood
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)
Sponsor-wide plan assets over time
All Trustees of Local Union 786 Ibt Material Pension plans reported in each filing year
- Latest sponsor-wide plan assets
- $394M 15.634782540822375% vs 2022
- 2024 filing year
| 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.
- 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
Local Union 786 Building Material Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Illinois, the nearest Defined Benefit (Pension) by assets is Kaiser Permanente Physicians and Employees Retirement Plan in CA ($376M); by covered participants it is Sundstrand De Puerto Rico Pension Plan in CT (1,030 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($376M here).
- 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
Similar participant headcount
Nearest other-state filings by covered participants (1,031 participants); asset peers above are excluded.
- Sundstrand De Puerto Rico Pension Plan (CT) 1,030 · 1 off
- Southwest Retirement and Cash Balance Plan (OH) 1,032 · 1 off
- First-Citizens Bank & Trust Company and Adopting Related Employers Pension Plan (NC) 1,030 · 1 off
- National Fuel Gas Company Retirement Plan (NY) 1,029 · 2 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.