Defined Benefit (Pension) · DOL Form 5500 · 2023
Trustees of Local 703, I.B. of T., Grocery & Food Employees' Pension P Pension Plan
Data updated 2026-08-25
- $153M
- Total assets Near avg plan size
- 215
- Participants Below avg headcount
- 94th
- Percentile by assets National rank
- $710,053
- Avg per participant High balance/head
Official DOL plan name: Local 703, I.B of T., Grocery & Food Employees' Pension Plan · Sponsored by Trustees of Local 703, I.B. of T., Grocery & Food Employees' Pension P · Illinois · Wholesale Trade
$153M in assets, 215 participants
Trustees of Local 703, I.B. of T., Grocery & Food Employees' Pension P's Local 703, I.B of T., Grocery & Food Employees' Pension Plan reported $153M in total assets and 215 participants in its 2023 DOL Form 5500 filing, ranking in the 94th 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.
- #6,000 in Wholesale Trade (6,309 peers)
Coverage in Illinois
Local 703, I.B of T., Grocery & Food Employees' Pension Plan covers 215 participants in Illinois, about 28% of the average Illinois filer (state average ~779 per filing). Assets: $153M.
- #6,000
- in Wholesale Trade (6,309 peers)
- +15.1%
- assets growth YoY
- 1.5×
- vs typical plan assets (national mean)
Local 703, I.B of T., Grocery & Food Employees' Pension Plan's outsized position by total assets
Local 703, I.B of T., Grocery & Food Employees' Pension Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$152,661,490 Top 6% higher than 94% 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 703, I.B of T., Grocery & Food Employees' Pension Plan among mid-size filed plans by headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Local 703, I.B of T., Grocery & Food Employees' Pension Plan sits mid-pack in the medium band (215 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Local 703, I.B of T., Grocery & Food Employees' Pension Plan reported net income rose from $3M in the plan year 2022 filing to $20M in the plan year 2023 filing.
- Local 703, I.B of T., Grocery & Food Employees' Pension Plan end-of-year assets rose from $133M in the plan year 2022 filing to $153M in the plan year 2023 filing.
- Local 703, I.B of T., Grocery & Food Employees' Pension Plan reported participants rose from 206 in the plan year 2022 filing to 215 in the plan year 2023 filing.
DOL schedule card
Filing strip 366491473 · Trustees of Local 703, I.B. of T., Grocery & Food Employees' Pension P PY 2023 · Defined Benefit (Pension)
Local 703, I.B of T., Grocery & Food Employees' Pension Plan · $153M · 215 · 94th
- ASSETS $153M
- ASSETS 215
- ASSETS 94th
- ASSETS Defined Benefit (Pension)
- ASSETS near Solano-Napa Counties Electrical Workers Pension Plan
- ASSETS ind #6000
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 703, I.B of T., Grocery & Food Employees' Pension Plan in the asset neighbourhood
Illinois filing particulars
| Total Assets (Beginning of Year) | $133M |
|---|---|
| Net Assets (End of Year) | $152M |
| Net Income | $20M |
| Employer EIN | 366491473 |
| Plan Effective Date | 1950-08-31 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Trustees of Local 703, I.B. of T., Grocery & Food Employees' Pension P)
Sponsor-wide plan assets over time
All Trustees of Local 703, I.B. of T., Grocery & Food Employees' Pension P plans reported in each filing year
- Latest sponsor-wide plan assets
- $153M 15.119088765822076% vs 2022
- 2023 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 206 | $133M |
| 2023 | 1 | 215 | $153M |
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 703, I.B of T., Grocery & Food Employees' Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Illinois, the nearest Defined Benefit (Pension) by assets is Solano-Napa Counties Electrical Workers Pension Plan in CA ($153M); by covered participants it is American & Efird Employees' Pension Plan in NC (215 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($153M here).
- Solano-Napa Counties Electrical Workers Pension Plan (CA) $153M · 378
- Woodward Hrt Pension Plan (CO) $153M · 247
- Eastern Shore Teamsters Pension Fund (MD) $152M · 330
- Cincinnati Bell Pension Plan (OH) $153M · 216
Similar participant headcount
Nearest other-state filings by covered participants (215 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.