Defined Benefit (Pension) · DOL Form 5500 · 2024

Board of Trustees - Midwest Pension Plan Pension Plan

Data updated 2026-08-25

$123M
Total assets Near avg plan size
1,725
Participants Near avg headcount
92nd
Percentile by assets National rank
$71,386
Avg per participant Below avg balance/head
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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.

  • #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.

#15,601
in Manufacturing (17,777 peers)
-3.2%
assets change YoY
1.2×
vs typical plan assets (national mean)

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.

Midwest Pension Plan's outsized position by total assets

Midwest Pension Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$123,141,638 Top 8% higher than 92% of 123,620 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 2024

Midwest Pension Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Midwest Pension Plan lands in the large band (1,725 participants).

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.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 366512748 · Board of Trustees - Midwest Pension Plan PY 2024 · Defined Benefit (Pension)

Midwest Pension Plan · $123M · 1,725 · 92nd

  • TYPE $123M
  • TYPE 1,725
  • TYPE 92nd
  • TYPE Defined Benefit (Pension)
  • TYPE near Cement Masons - Employers Pension Plan
  • TYPE ind #15601

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 Manufacturing retirement plans → · Plans in Illinois →

Midwest Pension Plan in the asset neighbourhood

Banco Santander USA Offices Retirement PlanBanco Santander USA Offices …$123MPlumbers Local No. 8 Pension PlanPlumbers Local No. 8 Pension…$123MCement Masons - Employers Pension PlanCement Masons - Employers Pe…$123MMidwest Pension Plan$123MLocal 522 Pension Fund$123M
End-of-year total assets ($M) among Midwest Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Illinois filing particulars

Total Assets (Beginning of Year)$127M
Net Assets (End of Year)$122M
Net Income-$4M
Employer EIN366512748
Plan Effective Date1967-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees - Midwest Pension Plan)

Sponsor-wide plan assets over time

All Board of Trustees - Midwest Pension Plan plans reported in each filing year

Latest sponsor-wide plan assets
$123M 6.767052447620403% vs 2022
2024 filing year
$120M$125M$130M$135M 202220232024 $132M $123M ▼ -6.8%
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 Scatter plot of 6 data points. -1000001000020000300004000050000 -200204060 Total assets ($B) Participants Midwest Pension Plan, Total assets ($B): 0.123141638 · Participants: 1725Midwest Pension PlanCentral States, Southeast & Southwest Areas Pension Plan, Total assets ($B): 48.22071058 · Participants: 36799Central States, Southeast & Southwest Areas Pension PlanState Farm Insurance Companies Retirement Plan for United States Employees, Total assets ($B): 37.736369487 · Participants: 41619State Farm Insurance Companies Retirement Plan for United States EmployeesGE Healthcare Pension Plan, Total assets ($B): 13.74052931 · Participants: 5554GE Healthcare Pension PlanAbbott Laboratories Annuity Retirement Plan, Total assets ($B): 8.591907247 · Participants: 17875Abbott Laboratories Annuity Retirement PlanUnited Food & Commercial Workers Intl Union - Industry Pension Fund, Total assets ($B): 8.17675965 · Participants: 20984United Food & Commercial Workers Intl Union - Industry Pension Fund
Midwest Pension Plan vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants

Midwest Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Illinois, the nearest Defined Benefit (Pension) by assets is Cement Masons - Employers Pension Plan in OR ($123M); by covered participants it is Local 153 Pension Fund in NY (1,722 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($123M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,725 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Midwest Pension Plan assets move in 2024? ▼
Midwest Pension Plan edged down modestly - down 3.2% during 2024, from $127M to $123M. Reported net income was -$4M.
How have Board of Trustees - Midwest Pension Plan plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees - Midwest Pension Plan's sponsor-wide assets declined 6.8%, from $132M to $123M.
Where does Midwest Pension Plan rank by assets among Form 5500 filers? ▼
Midwest Pension Plan ranks in the 92nd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Midwest Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Cement Masons - Employers Pension Plan in OR ($123M, 445 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Midwest Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Local 153 Pension Fund in NY (1,722 participants, $130M in assets).