Defined Benefit (Pension) · DOL Form 5500 · 2023

Local No. 731, I.B. of T., Pension Fund Pension Plan

Data updated 2026-08-25

$985M
Total assets Above avg plan size
3,289
Participants Above avg headcount
99th
Percentile by assets National rank
$299,612
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Local No. 731, I.B. of T., Pension Fund · Sponsored by Local No. 731, I.B. of T., Pension Fund · Illinois · Administrative & Support Services

$985M in assets, 3,289 participants

Local No. 731, I.B. of T., Pension Fund's Local No. 731, I.B. of T., Pension Fund reported $985M in total assets and 3,289 participants in its 2023 DOL Form 5500 filing, ranking in the 99th 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.

  • #4,350 in Administrative & Support Services (4,372 peers)

Coverage in Illinois

Local No. 731, I.B. of T., Pension Fund covers 3,289 participants in Illinois, 4.2x the typical Illinois plan (state average ~779 per filing). Assets: $985M.

#4,350
in Administrative & Support Services (4,372 peers)
+18.7%
assets growth YoY
9.9×
vs typical plan assets (national mean)

Local No. 731, I.B. of T., Pension Fund's outsized position by total assets

Local No. 731, I.B. of T., Pension Fund vs every filed plan by assets

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

$985,424,521 Top 1% higher than 99% 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 No. 731, I.B. of T., 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 No. 731, I.B. of T., Pension Fund lands in the large band (3,289 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Local No. 731, I.B. of T., Pension Fund reported net income rose from $85M in the plan year 2022 filing to $156M in the plan year 2023 filing.
  • Local No. 731, I.B. of T., Pension Fund end-of-year assets rose from $830M in the plan year 2022 filing to $985M in the plan year 2023 filing.
  • Local No. 731, I.B. of T., Pension Fund reported participants fell from 3,312 in the plan year 2022 filing to 3,289 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 366513567 · Local No. 731, I.B. of T., Pension Fund PY 2023 · Defined Benefit (Pension)

Local No. 731, I.B. of T., Pension Fund · $985M · 3,289 · 99th

  • IND $985M
  • EOY 3,289
  • 5500 99th
  • ASSETS Defined Benefit (Pension)
  • PCT near International UAW Staff Retirement Income Plan
  • EIN ind #4350

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 Administrative & Support Services retirement plans → · Plans in Illinois →

Local No. 731, I.B. of T., Pension Fund in the asset neighbourhood

Snap-on Incorporated Retirement PlanSnap-on Incorporated Retirem…$986MInternational UAW Staff Retirement Income PlanInternational UAW Staff Reti…$985MLocal No. 731, I.B. of T., Pension FundLocal No. 731, I.B. of T., P…$985MHormel Foods Corporation Pension PlanHormel Foods Corporation Pen…$985MAshland Hercules Pension Plan$984M
End-of-year total assets ($M) among Local No. 731, I.B. of T., Pension Fund and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Illinois filing particulars

Total Assets (Beginning of Year)$830M
Net Assets (End of Year)$984M
Net Income$156M
Employer EIN366513567
Plan Effective Date1962-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Local No. 731, I.B. of T., Pension Fund)

Sponsor-wide plan assets over time

All Local No. 731, I.B. of T., Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$1.1B 32.43773931725926% vs 2022
2024 filing year
$0.8B$0.9B$1B$1.1B$1.2B 202220232024 $0.83B $1.1B ▲ +32.5%
Year Plans Participants Total Assets
2022 1 3,312 $830M
2023 1 3,289 $985M
2024 1 3,248 $1.1B

Nearby Defined Benefit (Pension) Plans in Illinois

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

Local No. 731, I.B. of T., Pension Fund vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants Scatter plot of 6 data points. 0100002000030000400005000060000 -200204060 Total assets ($B) Participants Local No. 731, I.B. of T., Pension Fund, Total assets ($B): 0.985424521 · Participants: 3289Local No. 731, I.B. of T., Pension FundCentral States, Southeast & Southwest Areas Pension Plan, Total assets ($B): 49.680270595 · Participants: 48538Central States, Southeast & Southwest Areas Pension PlanState Farm Insurance Companies Retirement Plan for United States Employees, Total assets ($B): 35.242945747 · Participants: 45001State Farm Insurance Companies Retirement Plan for United States EmployeesUnited Food & Commercial Workers Intl Union - Industry Pension Fund, Total assets ($B): 7.965094339 · Participants: 20680United Food & Commercial Workers Intl Union - Industry Pension FundJohn Deere Pension Plan for Salaried Employees, Total assets ($B): 7.960744597 · Participants: 16346John Deere Pension Plan for Salaried EmployeesAbbott Laboratories Annuity Retirement Plan, Total assets ($B): 7.819798504 · Participants: 17382Abbott Laboratories Annuity Retirement Plan
Local No. 731, I.B. of T., Pension Fund vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants
Compare Local No. 731, I.B. of T., Pension Fund side-by-side with 3 peers →

Local No. 731, I.B. of T., Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Illinois, the nearest Defined Benefit (Pension) by assets is International UAW Staff Retirement Income Plan in MI ($985M); by covered participants it is Cfg Pension Plan in RI (3,296 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($985M here).

Similar participant headcount

Nearest other-state filings by covered participants (3,289 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 No. 731, I.B. of T., Pension Fund assets move in 2023? ▼
Local No. 731, I.B. of T., Pension Fund grew sharply - up 18.7% during 2023, from $830M to $985M. Reported net income was $156M.
How have Local No. 731, I.B. of T., Pension Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Local No. 731, I.B. of T., Pension Fund's sponsor-wide assets grew 32.4%, from $830M to $1.1B.
Where does Local No. 731, I.B. of T., Pension Fund rank by assets among Form 5500 filers? ▼
Local No. 731, I.B. of T., Pension Fund ranks in the 99th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to Local No. 731, I.B. of T., Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is International UAW Staff Retirement Income Plan in MI ($985M, 512 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Local No. 731, I.B. of T., Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Cfg Pension Plan in RI (3,296 participants, $1.1B 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 366513567.

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.