Defined Benefit (Pension) · DOL Form 5500 · 2024
Bd of Trustees Local 705 I.B. of T. Pension Trust Fund Pension Plan
Data updated 2026-08-25
- $1.9B
- Total assets Very large vs avg
- 5,346
- Participants Above avg headcount
- 99th
- Percentile by assets National rank
- $354,688
- Avg per participant High balance/head
Official DOL plan name: Local 705 Int'l Brotherhood of Teamsters Pension Tr. Fd. · Sponsored by Bd of Trustees Local 705 I.B. of T. Pension Trust Fund · Illinois · Transportation & Warehousing
$1.9B in assets, 5,346 participants
Bd of Trustees Local 705 I.B. of T. Pension Trust Fund's Local 705 Int'l Brotherhood of Teamsters Pension Tr. Fd. reported $1.9B in total assets and 5,346 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.
- #3,250 in Transportation & Warehousing (3,299 peers)
Coverage in Illinois
Local 705 Int'l Brotherhood of Teamsters Pension Tr. Fd. covers 5,346 participants in Illinois, 6.9x the typical Illinois plan (state average ~779 per filing). Assets: $1.9B.
- #3,250
- in Transportation & Warehousing (3,299 peers)
- +9.1%
- assets growth YoY
- 19×
- vs typical plan assets (national mean)
Local 705 Int'l Brotherhood of Teamsters Pension Tr. Fd.'s outsized position by total assets
Local 705 Int'l Brotherhood of Teamsters Pension Tr. Fd. vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$1,896,162,526 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
Local 705 Int'l Brotherhood of Teamsters Pension Tr. Fd.'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. Local 705 Int'l Brotherhood of Teamsters Pension Tr. Fd. lands in the large band (5,346 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Local 705 Int'l Brotherhood of Teamsters Pension Tr. Fd. reported net income fell from $177M in the plan year 2023 filing to $157M in the plan year 2024 filing.
- Local 705 Int'l Brotherhood of Teamsters Pension Tr. Fd. end-of-year assets rose from $1.7B in the plan year 2023 filing to $1.9B in the plan year 2024 filing.
- Local 705 Int'l Brotherhood of Teamsters Pension Tr. Fd. reported participants fell from 5,722 in the plan year 2023 filing to 5,346 in the plan year 2024 filing.
DOL schedule card
Filing strip 366492502 · Bd of Trustees Local 705 I.B. of T. Pension Trust Fund PY 2024 · Defined Benefit (Pension)
Local 705 Int'l Brotherhood of Teamsters Pension Tr. Fd. · $1.9B · 5,346 · 99th
- RANK $1.9B
- RANK 5,346
- RANK 99th
- RANK Defined Benefit (Pension)
- RANK near John Hancock Pension Plan
- RANK ind #3250
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 Transportation & Warehousing retirement plans → · Plans in Illinois →
Local 705 Int'l Brotherhood of Teamsters Pension Tr. Fd. in the asset neighbourhood
Illinois filing particulars
| Total Assets (Beginning of Year) | $1.7B |
|---|---|
| Net Assets (End of Year) | $1.9B |
| Net Income | $157M |
| Employer EIN | 366492502 |
| Plan Effective Date | 1955-01-05 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Bd of Trustees Local 705 I.B. of T. Pension Trust Fund)
Sponsor-wide plan assets over time
All Bd of Trustees Local 705 I.B. of T. Pension Trust Fund plans reported in each filing year
- Latest sponsor-wide plan assets
- $1.9B 9.085328653805098% vs 2023
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2023 | 1 | 5,722 | $1.7B |
| 2024 | 1 | 5,346 | $1.9B |
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
Local 705 Int'l Brotherhood of Teamsters Pension Tr. Fd.'s out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Illinois, the nearest Defined Benefit (Pension) by assets is John Hancock Pension Plan in MA ($1.9B); by covered participants it is Auto-Owners Insurance Company Retirement Income Plan in MI (5,331 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($1.9B here).
- John Hancock Pension Plan (MA) $1.9B · 5,193
- Danaher Corporation & Subsidiaries Pension Plan (DC) $1.9B · 2,599
- Celanese Americas Retirement Pension Plan (TX) $1.9B · 1,096
- Cbs Combined Pension Plan (NY) $1.9B · 948
Similar participant headcount
Nearest other-state filings by covered participants (5,346 participants); asset peers above are excluded.
- Auto-Owners Insurance Company Retirement Income Plan (MI) 5,331 · 15 off
- Shaws Supermarkets, Inc. Pension Plan for Union Employees (ID) 5,378 · 32 off
- Sheet Metal Workers' Pension Plan of Southern California Arizona and Nevada (CA) 5,402 · 56 off
- Operating Engineers Local No. 825 Pension Fund (NJ) 5,422 · 76 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.