Defined Benefit (Pension) · DOL Form 5500 · 2024
Board of Trustees - Midwest Pension Plan Pension Plan
Data updated 2026-08-11
- $123M
- Total assets
- 1,725
- Participants
- 92nd
- Percentile by assets
- $71,386
- Avg per participant
Official DOL plan name: Midwest Pension Plan · Sponsored by Board of Trustees - Midwest Pension Plan · Illinois · Manufacturing
$123M in assets, 1,725 participants
Board of Trustees - Midwest Pension Plan's Midwest Pension Plan reported $123M in total assets and 1,725 participants in its 2024 DOL Form 5500 filing, ranking in the 92nd 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.
- 92nd percentile by assets (of 123,622 plans)
- #15,601 in Manufacturing (17,777 peers)
Coverage in Illinois
Midwest Pension Plan covers 1,725 participants in Illinois, 2.2x the typical Illinois plan (state average ~779 per filing). Assets: $123M.
- $123M
- total plan assets (2024 EOY)
- 1,725
- covered participants
- 92nd
- percentile by assets (of 123,622 plans)
- $71,386
- avg assets per participant
The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Midwest Pension Plan reported net income rose from -$5M in the plan year 2023 filing to -$4M in the plan year 2024 filing.
- Midwest Pension Plan end-of-year assets fell from $127M in the plan year 2023 filing to $123M in the plan year 2024 filing.
- Midwest Pension Plan reported participants rose from 1,707 in the plan year 2023 filing to 1,725 in the plan year 2024 filing.
Participants vs Illinois filers
In Illinois, the average filing covers about 779 participants across 5,745 plans. Midwest Pension Plan reports 1,725 participants - 2.2x that state average ($123M EOY assets).
Illinois filing particulars
| Total Assets (Beginning of Year) | $127M |
|---|---|
| Net Assets (End of Year) | $122M |
| Net Income | -$4M |
| Employer EIN | 366512748 |
| Plan Effective Date | 1967-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees - Midwest Pension Plan)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 1,758 | $132M |
| 2023 | 1 | 1,707 | $127M |
| 2024 | 1 | 1,725 | $123M |
Nearby Defined Benefit (Pension) Plans in Illinois
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Midwest Pension Plan vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants
- Central States, Southeast & Southwest Areas Pension Plan $48.2B · 36,799
- State Farm Insurance Companies Retirement Plan for United States Employees $37.7B · 41,619
- GE Healthcare Pension Plan $13.7B · 5,554
- Abbott Laboratories Annuity Retirement Plan $8.6B · 17,875
- United Food & Commercial Workers Intl Union - Industry Pension Fund $8.2B · 20,984
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Midwest Pension Plan by total assets, not by location.
- Cement Masons - Employers Pension Plan (OR) $123M · 445
- Local 522 Pension Fund (NY) $123M · 844
- Plumbers Local No. 8 Pension Plan (MO) $123M · 710
- Banco Santander USA Offices Retirement Plan (NY) $123M · 282
Frequently Asked Questions
How did Midwest Pension Plan assets move in 2024? ▼
How have Board of Trustees - Midwest Pension Plan plan assets changed over time? ▼
Where does Midwest Pension Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Midwest Pension Plan? ▼
Next read for Midwest Pension Plan
Filing takeaways
Ways to act on Midwest Pension Plan's numbers.
- By total assets, Midwest Pension Plan ranks in the top 10% 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
- Board of Trustees - Midwest Pension Plan's sponsor-wide assets have declined 6.8% since 2022 across 3 plan years on file. More Manufacturing plans