Profit Sharing · DOL Form 5500 · 2024
Trustees of Local 743 Ib of T Profit Sharing Plan
Data updated 2026-07-24
- $15M
- Total assets
- 2,931
- Participants
- 64th
- Percentile by assets
- $4,981
- Avg per participant
Official DOL plan name: Local 743 Severance and Retirement Plan · Sponsored by Trustees of Local 743 Ib of T · Illinois · Transportation & Warehousing
$15M in assets, 2,931 participants
Trustees of Local 743 Ib of T's Local 743 Severance and Retirement Plan reported $15M in total assets and 2,931 participants in its 2024 DOL Form 5500 filing, ranking in the 64th 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.
- 64th percentile by assets (of 116,472 plans)
Coverage in Illinois
Local 743 Severance and Retirement Plan covers 2,931 participants in Illinois, 3.8x the typical Illinois plan (state average ~768 per filing). Assets: $15M.
- $15M
- total plan assets (2024 EOY)
- 2,931
- covered participants
- 64th
- percentile by assets (of 116,472 plans)
- $4,981
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Local 743 Severance and Retirement Plan reported net income rose from -$69K in the plan year 2023 filing to $947K in the plan year 2024 filing.
- Local 743 Severance and Retirement Plan end-of-year assets rose from $14M in the plan year 2023 filing to $15M in the plan year 2024 filing.
- Local 743 Severance and Retirement Plan reported participants fell from 3,144 in the plan year 2023 filing to 2,931 in the plan year 2024 filing.
Participants vs Illinois filers
In Illinois, the average filing covers about 768 participants across 5,440 plans. Local 743 Severance and Retirement Plan reports 2,931 participants - 3.8x that state average ($15M EOY assets).
Illinois filing particulars
| Total Assets (Beginning of Year) | $14M |
|---|---|
| Net Assets (End of Year) | $15M |
| Net Income | $947K |
| Employer EIN | 366523353 |
| Plan Effective Date | 1973-05-16 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Trustees of Local 743 Ib of T)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 3,072 | $14M |
| 2023 | 1 | 3,144 | $14M |
| 2024 | 1 | 2,931 | $15M |
Nearby Profit Sharing Plans in Illinois
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
Local 743 Severance and Retirement Plan vs. nearby Profit Sharing plans in Illinois, assets vs. participants
- W. W. Grainger, Inc. Retirement Savings Plan $3.8B · 18,584
- Mcmaster-Carr Supply Company Profit Sharing Trust $3.0B · 4,364
- Midwest Operating Engineers Retirement Enhancement $758M · 16,506
- Structural Iron Workers Local #1 Annuity Plan $444M · 3,530
- Sidley Austin LLP Retirement Plan for Partners $435M · 638
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Local 743 Severance and Retirement Plan by total assets, not by location.
- First Palmetto Bank Retirement Plan (SC) $15M · 157
- Medinatura, Inc. Retirement Plan (NM) $15M · 31
- Selfhelp Community Services, Inc. 403(b) Plan (NY) $15M · 1,767
- Sager & Sager Associates Profit Sharing Plan (PA) $15M · 4
Frequently Asked Questions
How did Local 743 Severance and Retirement Plan assets move in 2024? ▼
How have Trustees of Local 743 Ib of T plan assets changed over time? ▼
Which Profit Sharing plans are similar in size to Local 743 Severance and Retirement Plan? ▼
Next read for Local 743 Severance and Retirement Plan
Filing takeaways
Ways to act on Local 743 Severance and Retirement Plan's numbers.
- By total assets, Local 743 Severance and Retirement Plan ranks above the median plan by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in Illinois. Compare plans
- Trustees of Local 743 Ib of T's sponsor-wide assets have grown 6.4% since 2022 across 3 plan years on file. More Transportation & Warehousing plans
Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.
Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 366523353.
Read our methodology - how this data is sourced, computed, and verified.