Defined Benefit (Pension) · DOL Form 5500 · 2024

Trustage Financial Group, Inc. Pension Plan

Data updated 2026-08-11

$187M
Total assets: 489
Participants: 94th
Percentile by assets: $382,403
Avg per participant

Official DOL plan name: Trustage Pension Plan for Represented Employees · Sponsored by Trustage Financial Group, Inc. · Wisconsin · Management of Enterprises

$187M in assets, 489 participants

Trustage Financial Group, Inc.'s Trustage Pension Plan for Represented Employees reported $187M in total assets and 489 participants in its 2024 DOL Form 5500 filing, ranking in the 94th 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.

94th percentile by assets (of 123,622 plans)
#938 in Management of Enterprises (1,133 peers)

Where Trustage Pension Plan for Represented Employees sits by assets

Trustage Pension Plan for Represented Employees sits in the top 10% of all filed plans by assets, $187M for 489 participants (~$382,403/participant), down 5.4% in 2024.

$187M
total plan assets (2024 EOY): 489
covered participants: 94th
percentile by assets (of 123,622 plans): $382,403
avg assets per participant

The plan reported a net loss of $11M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Trustage Pension Plan for Represented Employees reported net income fell from $7M in the plan year 2023 filing to -$11M in the plan year 2024 filing.
Trustage Pension Plan for Represented Employees reported participants rose from 455 in the plan year 2023 filing to 489 in the plan year 2024 filing.
Trustage Pension Plan for Represented Employees end-of-year assets fell from $198M in the plan year 2023 filing to $187M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Wisconsin

Industry

Management of Enterprises

Trustage Pension Plan for Represented Employees vs the 2024 asset distribution

By assets, Trustage Pension Plan for Represented Employees outranks 94% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.9x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)	$198M
Net Assets (End of Year)	$187M
Net Income	-$11M
Employer EIN	454418520
Plan Effective Date	1958-09-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Trustage Financial Group, Inc.)

Total plan assets by year, all Trustage Financial Group, Inc. plans on file

Year	Plans	Participants	Total Assets
2022	4	6,237	$1.7B
2023	2	2,729	$803M
2024	2	2,596	$778M

Nearby Defined Benefit (Pension) Plans in Wisconsin

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Trustage Pension Plan for Represented Employees vs. nearby Defined Benefit (Pension) plans in Wisconsin, assets vs. participants

Building Trades United Pension Trust Fund Milwaukee and Vicinity $3.5B · 10,236
The Northwestern Mutual Employee Retirement Plan $3.3B · 8,254
The Northwestern Mutual Life Insurance Company Agents Retirement Plan $2.1B · 7,653
Harley-Davidson Retirement Plan $1.9B · 1,414
North Central States Regional Council of Carpenters Pension Fund $1.8B · 5,105

Compare Trustage Pension Plan for Represented Em… side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Trustage Pension Plan for Represented Employees by total assets, not by location.

Covington Portfolio Pension Plan (DC) $187M · 308
Local Union 400 I.B.E.W. Pension Plan (NJ) $187M · 553
Pension Plan for Employees of Central Service Association (MS) $187M · 473
Sheet Metal Workers Local 85 Pension Fund (TN) $187M · 1,055

Frequently Asked Questions

How did Trustage Pension Plan for Represented Employees assets move in 2024? ▼

Trustage Pension Plan for Represented Employees pulled back noticeably - down 5.4% during 2024, from $198M to $187M. Reported net income was -$11M.

How have Trustage Financial Group, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Trustage Financial Group, Inc.'s sponsor-wide assets declined 55.3%, from $1.7B to $778M.

Where does Trustage Pension Plan for Represented Employees rank by assets among Form 5500 filers? ▼

Trustage Pension Plan for Represented Employees ranks in the 94th 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 Trustage Pension Plan for Represented Employees? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is Covington Portfolio Pension Plan in DC ($187M, 308 participants).

Next read for Trustage Pension Plan for Represented Em…

Scale reading

Ways to act on Trustage Pension Plan for Represented Employees's numbers.

By total assets, Trustage Pension Plan for Represented Employees 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 Wisconsin. Compare plans
Trustage Financial Group, Inc.'s sponsor-wide assets have declined 55.3% since 2022 across 3 plan years on file. More Management of Enterprises plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 454418520.