Defined Benefit (Pension) · DOL Form 5500 · 2024
Progress Rail Locomotive Inc. Pension Plan
Data updated 2026-08-25
- $4M
- Total assets Small plan by assets
- 34
- Participants Small participant base
- 38th
- Percentile by assets National rank
- $114,120
- Avg per participant Below avg balance/head
Official DOL plan name: Individual Retirement Plan for Hourly Employees of Progress Rail Locomotive Inc. · Sponsored by Progress Rail Locomotive Inc. · Illinois · Manufacturing
$4M in assets, 34 participants
Progress Rail Locomotive Inc.'s Individual Retirement Plan for Hourly Employees of Progress Rail Locomotive Inc. reported $4M in total assets and 34 participants in its 2024 DOL Form 5500 filing, ranking in the 38th 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.
- #3,733 in Manufacturing (17,777 peers)
2024 asset change
Individual Retirement Plan for Hourly Employees of Progress Rail Locomotive Inc. declined sharply 16.7% in 2024 ($5M → $4M) for 34 participants.
- #3,733
- in Manufacturing (17,777 peers)
- -16.7%
- assets change YoY
The plan reported a net loss of $780K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Individual Retirement Plan for Hourly Employees of Progress Rail Locomotive Inc.'s mid-pack asset rank among Manufacturing and all filers
Individual Retirement Plan for Hourly Employees of Progress Rail Locomotive Inc. vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$3,880,082 38th percentile higher than 38% 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
Individual Retirement Plan for Hourly Employees of Progress Rail Locomotive Inc. among smaller filed plans by headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Individual Retirement Plan for Hourly Employees of Progress Rail Locomotive Inc. is a small filing (34 participants) on this national headcount ladder.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Individual Retirement Plan for Hourly Employees of Progress Rail Locomotive Inc. reported net income fell from -$29K in the plan year 2023 filing to -$780K in the plan year 2024 filing.
- Individual Retirement Plan for Hourly Employees of Progress Rail Locomotive Inc. end-of-year assets fell from $5M in the plan year 2023 filing to $4M in the plan year 2024 filing.
- Individual Retirement Plan for Hourly Employees of Progress Rail Locomotive Inc. reported participants fell from 35 in the plan year 2023 filing to 34 in the plan year 2024 filing.
DOL schedule card
Filing strip 201932740 · Progress Rail Locomotive Inc. PY 2024 · Defined Benefit (Pension)
Individual Retirement Plan for Hourly Employees of Progress Rail Locomotive Inc. · $4M · 34 · 38th
- PART $4M
- PART 34
- PART 38th
- PART Defined Benefit (Pension)
- PART near Retirement Plan for the Hourly Union Employees of GE Aviation Systems, Sterling, Va Division
- PART ind #3733
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 →
Individual Retirement Plan for Hourly Employees of Progress Rail Locomotive Inc. in the asset neighbourhood
Progress Rail Locomotive Inc. years around the 2024 move
Sponsor-wide plan assets over time
All Progress Rail Locomotive Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $25M 5.3544967100560665% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 98 | $26M |
| 2023 | 3 | 93 | $26M |
| 2024 | 3 | 90 | $25M |
2024 asset-move particulars
| Total Assets (Beginning of Year) | $5M |
|---|---|
| Net Assets (End of Year) | $4M |
| Net Income | -$780K |
| Employer EIN | 201932740 |
| Plan Effective Date | 2005-04-01 |
| Filing Status | FILING RECEIVED |
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 $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
Individual Retirement Plan for Hourly Employees of Progress Rail Locomotive Inc.'s out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Illinois, the nearest Defined Benefit (Pension) by assets is Retirement Plan for the Hourly Union Employees of GE Aviation Systems, Sterling, Va Division in OH ($4M); by covered participants it is The People's Credit Union Defined Benefit Plan and Trust in RI (34 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($4M here).
- Retirement Plan for the Hourly Union Employees of GE Aviation Systems, Sterling, Va Division (OH) $4M · 13
- Famous Uni Corporation Pension Plan (NJ) $4M · 1
- Sarasota Emergency Associates, PA Cash Balance Plan (FL) $4M · 119
- Southwestern Community Action Council, Inc. Retirement Income Plan (WV) $4M · 80
Similar participant headcount
Nearest other-state filings by covered participants (34 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.