Defined Benefit (Pension) · DOL Form 5500 · 2024
Payroll & Insurance Group, Inc. Pension Plan
Data updated 2026-08-25
- $200M
- Total assets Near avg plan size
- 394
- Participants Below avg headcount
- 94th
- Percentile by assets National rank
- $508,246
- Avg per participant High balance/head
Official DOL plan name: Metal Companies Multi-Employer Pension Plan · Sponsored by Payroll & Insurance Group, Inc. · Illinois · Professional & Technical Services
$200M in assets, 394 participants
Payroll & Insurance Group, Inc.'s Metal Companies Multi-Employer Pension Plan reported $200M in total assets and 394 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.
- #19,245 in Professional & Technical Services (20,173 peers)
Where Metal Companies Multi-Employer Pension Plan sits by assets
Metal Companies Multi-Employer Pension Plan sits in the top 10% of all filed plans by assets, $200M for 394 participants (~$508,246/participant), up 1.6% in 2024.
- #19,245
- in Professional & Technical Services (20,173 peers)
- +1.6%
- assets growth YoY
- 2.0×
- vs typical plan assets (national mean)
Metal Companies Multi-Employer Pension Plan's outsized position by total assets
Metal Companies Multi-Employer Pension Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$200,249,113 Top 6% higher than 94% 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
Metal Companies Multi-Employer Pension 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. Metal Companies Multi-Employer Pension Plan sits mid-pack in the medium band (394 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Metal Companies Multi-Employer Pension Plan reported net income fell from $11M in the plan year 2023 filing to $3M in the plan year 2024 filing.
- Metal Companies Multi-Employer Pension Plan reported participants fell from 413 in the plan year 2023 filing to 394 in the plan year 2024 filing.
- Metal Companies Multi-Employer Pension Plan end-of-year assets rose from $197M in the plan year 2023 filing to $200M in the plan year 2024 filing.
DOL schedule card
Filing strip 010606601 · Payroll & Insurance Group, Inc. PY 2024 · Defined Benefit (Pension)
Metal Companies Multi-Employer Pension Plan · $200M · 394 · 94th
- BOY $200M
- SCH 394
- EBSA 94th
- PART Defined Benefit (Pension)
- TYPE near Sheet Metal Workers' Local No. 33 Cleveland District Pension Plan
- NET ind #19245
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 Professional & Technical Services retirement plans → · Plans in Illinois →
Metal Companies Multi-Employer Pension Plan in the asset neighbourhood
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $197M |
|---|---|
| Net Assets (End of Year) | $200M |
| Net Income | $3M |
| Employer EIN | 010606601 |
| Plan Effective Date | 1998-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Payroll & Insurance Group, Inc.)
Sponsor-wide plan assets over time
All Payroll & Insurance Group, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $359M 21.558277258693117% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 1,573 | $296M |
| 2023 | 2 | 1,577 | $329M |
| 2024 | 2 | 1,594 | $359M |
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
Metal Companies Multi-Employer Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Illinois, the nearest Defined Benefit (Pension) by assets is Sheet Metal Workers' Local No. 33 Cleveland District Pension Plan in OH ($200M); by covered participants it is Hollow Metal Pension Fund in NY (394 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($200M here).
- Sheet Metal Workers' Local No. 33 Cleveland District Pension Plan (OH) $200M · 472
- Zurn Pension Plan (WI) $200M · 109
- Kern County Electrical Workers Pension Fund (CA) $201M · 689
- Carmax, Inc. Pension Plan (VA) $199M · 2,563
Similar participant headcount
Nearest other-state filings by covered participants (394 participants); asset peers above are excluded.
- Hollow Metal Pension Fund (NY) 394 · 0 off
- Rayonier Advanced Materials Inc. Retirement Plan (FL) 394 · 0 off
- The Methodist Hospitals, Inc. Retirement Plan (IN) 394 · 0 off
- Western Lake Superior Piping Industry Pension Plan (MN) 394 · 0 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.