401(k) · DOL Form 5500 · 2024
Illinois Tool Works Inc. 401(k) Plan
Data updated 2026-08-25
- $20M
- Total assets Small plan by assets
- 362
- Participants Below avg headcount
- 70th
- Percentile by assets National rank
- $54,577
- Avg per participant Low balance/head
Official DOL plan name: Itw Bargaining Savings and Investment Plan · Sponsored by Illinois Tool Works Inc. · Illinois · Management of Enterprises
$20M in assets, 362 participants
Illinois Tool Works Inc.'s Itw Bargaining Savings and Investment Plan reported $20M in total assets and 362 participants in its 2024 DOL Form 5500 filing, ranking in the 70th 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.
- #585 in Management of Enterprises (1,133 peers)
Coverage in Illinois
Itw Bargaining Savings and Investment Plan covers 362 participants in Illinois, about 46% of the average Illinois filer (state average ~779 per filing). Assets: $20M.
- #585
- in Management of Enterprises (1,133 peers)
- +4.7%
- assets growth YoY
Itw Bargaining Savings and Investment Plan's outsized position by total assets
Itw Bargaining Savings and Investment Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$19,756,943 Top 30% higher than 70% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Itw Bargaining Savings and Investment Plan among mid-size filed plans by headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Itw Bargaining Savings and Investment Plan sits mid-pack in the medium band (362 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Itw Bargaining Savings and Investment Plan reported net income fell from $2M in the plan year 2023 filing to $1M in the plan year 2024 filing.
- Itw Bargaining Savings and Investment Plan end-of-year assets rose from $19M in the plan year 2023 filing to $20M in the plan year 2024 filing.
- Itw Bargaining Savings and Investment Plan reported participants fell from 368 in the plan year 2023 filing to 362 in the plan year 2024 filing.
EBSA filing schedule strip
Filing strip 361258310 · Illinois Tool Works Inc. PY 2024 · 401(k)
Itw Bargaining Savings and Investment Plan · $20M · 362 · 70th
- EIN $20M
- RANK 362
- PHOTO 70th
- IND 401(k)
- EOY near Ubg 401(k) - Frontier Cooperative
- 5500 ind #585
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 Management of Enterprises retirement plans → · Plans in Illinois →
Itw Bargaining Savings and Investment Plan in the asset neighbourhood
Illinois filing particulars
| Total Assets (Beginning of Year) | $19M |
|---|---|
| Net Assets (End of Year) | $20M |
| Net Income | $1M |
| Employer EIN | 361258310 |
| Plan Effective Date | 1991-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Illinois Tool Works Inc.)
Sponsor-wide plan assets over time
All Illinois Tool Works Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $5.5B 9.090523144238006% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 5 | 20,148 | $5.0B |
| 2023 | 5 | 20,227 | $5.4B |
| 2024 | 5 | 19,189 | $5.5B |
Nearby 401(k) Plans in Illinois
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Accenture United States 401(k) Match and Savings Plan $21.3B · 66,965
- State Farm 401(k) Savings Plan $19.0B · 63,297
- United Airlines Pilot Retirement Account Plan $16.8B · 16,659
- Abbott Laboratories Stock Retirement Plan $15.8B · 38,229
- Walgreens Retirement Savings Plan $14.5B · 233,635
Itw Bargaining Savings and Investment Plan's out-of-state 401(k) peers by assets and headcount
Outside Illinois, the nearest 401(k) by assets is Ubg 401(k) - Frontier Cooperative in NE ($20M); by covered participants it is Prosek LLC 401(k) Pension Plan in CT (362 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($20M here).
- Ubg 401(k) - Frontier Cooperative (NE) $20M · 421
- Potts Welding & Boiler Repair Co., Inc. Employee Savings Plan (DE) $20M · 89
- Jewish Home Family 401(k) Plan (NJ) $20M · 368
- Transforce, Inc. 401(k) Plan (VA) $20M · 2,195
Similar participant headcount
Nearest other-state filings by covered participants (362 participants); asset peers above are excluded.
- Prosek LLC 401(k) Pension Plan (CT) 362 · 0 off
- Stallergenes Greer 401(k) Plan (NC) 362 · 0 off
- Bnp Media 401(k) Plan (MI) 362 · 0 off
- Howard Energy Partners 401(k) Plan (TX) 362 · 0 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.