Defined Benefit (Pension) · DOL Form 5500 · 2024
Illinois Tool Works Inc. Pension Plan
Data updated 2026-08-25
- N/A
- Total assets —
- 96
- Participants Small participant base
Official DOL plan name: Itw Bargaining Retirement Plan · Sponsored by Illinois Tool Works Inc. · Illinois · Management of Enterprises
N/A in assets, 96 participants
Illinois Tool Works Inc.'s Itw Bargaining Retirement Plan reported N/A in total assets and 96 participants in its 2024 DOL Form 5500 filing. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
What the 2024 filing shows
Itw Bargaining Retirement Plan holds N/A for 96 participants.
- -$3M
- reported net income
The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Itw Bargaining Retirement Plan among smaller filed plans by headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Itw Bargaining Retirement Plan is a small filing (96 participants) on this national headcount ladder.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Itw Bargaining Retirement Plan reported net income fell from $3M in the plan year 2023 filing to -$3M in the plan year 2024 filing.
- Itw Bargaining Retirement Plan reported participants fell from 113 in the plan year 2023 filing to 96 in the plan year 2024 filing.
DOL schedule card
Filing strip 361258310 · Illinois Tool Works Inc. PY 2024 · Defined Benefit (Pension)
Itw Bargaining Retirement Plan · N/A · 96
- TYPE N/A
- NET 96
- BOOK PY 2024
- VS-ST Defined Benefit (Pension)
- BOY near Asmoc Pension Plan
- SCH -$3M
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 Management of Enterprises retirement plans → · Plans in Illinois →
Filing particulars (2024)
| Total Assets (Beginning of Year) | $98M |
|---|---|
| Net Assets (End of Year) | N/A |
| Net Income | -$3M |
| Employer EIN | 361258310 |
| Plan Effective Date | 1987-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Illinois Tool Works Inc.)
Sponsor-wide plan assets over time
All Illinois Tool Works Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $5.5B 9.090523144238006% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 5 | 20,148 | $5.0B |
| 2023 | 5 | 20,227 | $5.4B |
| 2024 | 5 | 19,189 | $5.5B |
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
Itw Bargaining Retirement Plan's closest out-of-state Defined Benefit (Pension) peers by headcount
Outside Illinois, the nearest Defined Benefit (Pension) by covered participants is Asmoc Pension Plan in AL (96 participants; this filing: 96 participants).
Similar participant headcount
Nearest other-state filings by covered participants (96 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.