Defined Benefit (Pension) · DOL Form 5500 · 2024
Trustees of Automobile Mechanics' Local No. 701 Pension Fund Pension Plan
Data updated 2026-08-25
- $1.2B
- Total assets Very large vs avg
- 3,962
- Participants Above avg headcount
- 99th
- Percentile by assets National rank
- $310,016
- Avg per participant High balance/head
Official DOL plan name: Automobile Mechanics' Local No. 701 Pension Fund · Sponsored by Trustees of Automobile Mechanics' Local No. 701 Pension Fund · Illinois · Other Services
$1.2B in assets, 3,962 participants
Trustees of Automobile Mechanics' Local No. 701 Pension Fund's Automobile Mechanics' Local No. 701 Pension Fund reported $1.2B in total assets and 3,962 participants in its 2024 DOL Form 5500 filing, ranking in the 99th 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.
- #7,702 in Other Services (7,719 peers)
Coverage in Illinois
Automobile Mechanics' Local No. 701 Pension Fund covers 3,962 participants in Illinois, 5.1x the typical Illinois plan (state average ~779 per filing). Assets: $1.2B.
- #7,702
- in Other Services (7,719 peers)
- +10.0%
- assets growth YoY
- 12×
- vs typical plan assets (national mean)
Automobile Mechanics' Local No. 701 Pension Fund's outsized position by total assets
Automobile Mechanics' Local No. 701 Pension Fund vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$1,228,281,920 Top 1% higher than 99% 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
Automobile Mechanics' Local No. 701 Pension Fund'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. Automobile Mechanics' Local No. 701 Pension Fund lands in the large band (3,962 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Automobile Mechanics' Local No. 701 Pension Fund reported net income rose from $91M in the plan year 2023 filing to $113M in the plan year 2024 filing.
- Automobile Mechanics' Local No. 701 Pension Fund end-of-year assets rose from $1.1B in the plan year 2023 filing to $1.2B in the plan year 2024 filing.
Published 5500 schedule card
Filing strip 366042061 · Trustees of Automobile Mechanics' Local No. 701 Pension Fund PY 2024 · Defined Benefit (Pension)
Automobile Mechanics' Local No. 701 Pension Fund · $1.2B · 3,962 · 99th
- SCH $1.2B
- EBSA 3,962
- PART 99th
- TYPE Defined Benefit (Pension)
- NET near The General Pension Plan of the International Union of Operating Engineers
- BOOK ind #7702
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 Other Services retirement plans → · Plans in Illinois →
Automobile Mechanics' Local No. 701 Pension Fund in the asset neighbourhood
Illinois filing particulars
| Total Assets (Beginning of Year) | $1.1B |
|---|---|
| Net Assets (End of Year) | $1.2B |
| Net Income | $113M |
| Employer EIN | 366042061 |
| Plan Effective Date | 1958-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Trustees of Automobile Mechanics' Local No. 701 Pension Fund)
Sponsor-wide plan assets over time
All Trustees of Automobile Mechanics' Local No. 701 Pension Fund plans reported in each filing year
- Latest sponsor-wide plan assets
- $1.2B 19.94649614184556% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 4,330 | $1.0B |
| 2023 | 1 | 3,964 | $1.1B |
| 2024 | 1 | 3,962 | $1.2B |
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
Automobile Mechanics' Local No. 701 Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Illinois, the nearest Defined Benefit (Pension) by assets is The General Pension Plan of the International Union of Operating Engineers in DC ($1.2B); by covered participants it is Wisconsin Laborers' Pension Fund in WI (3,956 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($1.2B here).
- The General Pension Plan of the International Union of Operating Engineers (DC) $1.2B · 2,205
- Hanford Multi-Employer Pension Plan (WA) $1.2B · 1,432
- Pension Plan of Local 464a (NJ) $1.2B · 7,229
- Elevance Health Cash Balance Plan a (IN) $1.2B · 7,552
Similar participant headcount
Nearest other-state filings by covered participants (3,962 participants); asset peers above are excluded.
- Wisconsin Laborers' Pension Fund (WI) 3,956 · 6 off
- Retirement Accumulation Plan for Partners of Pwc (FL) 3,950 · 12 off
- Mid-Atlantic Regional Council of Carpenters' Pension Plan (MD) 3,948 · 14 off
- Jm Family Associates' Retirement Plan (FL) 3,992 · 30 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.