Defined Benefit (Pension) · DOL Form 5500 · 2024

Illinois Mutual Life Insurance Co. Pension Plan

Data updated 2026-07-24

$48M
Total assets
56
Participants
84th
Percentile by assets
$856,016
Avg per participant
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Official DOL plan name: Retirement Plan for Employees of Illinois Mutual Life Insurance Company · Sponsored by Illinois Mutual Life Insurance Co. · Illinois · Finance & Insurance

$48M in assets, 56 participants

Illinois Mutual Life Insurance Co.'s Retirement Plan for Employees of Illinois Mutual Life Insurance Company reported $48M in total assets and 56 participants in its 2024 DOL Form 5500 filing, ranking in the 84th 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.

  • 84th percentile by assets (of 116,472 plans)

Where Retirement Plan for Employees of Illinois Mutual Life Insurance Company sits by assets

Retirement Plan for Employees of Illinois Mutual Life Insurance Company sits in the top quartile of all filed plans by assets, $48M for 56 participants (~$856,016/participant), down 3.3% in 2024.

$48M
total plan assets (2024 EOY)
56
covered participants
84th
percentile by assets (of 116,472 plans)
$856,016
avg assets per participant

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Retirement Plan for Employees of Illinois Mutual Life Insurance Company reported net income fell from $2M in the plan year 2023 filing to -$2M in the plan year 2024 filing.
  • Retirement Plan for Employees of Illinois Mutual Life Insurance Company reported participants fell from 61 in the plan year 2023 filing to 56 in the plan year 2024 filing.
  • Retirement Plan for Employees of Illinois Mutual Life Insurance Company end-of-year assets fell from $50M in the plan year 2023 filing to $48M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Retirement Plan for Employees of Illinois Mutual Life Insurance Company vs the 2024 asset distribution

By assets, Retirement Plan for Employees of Illinois Mutual Life Insurance Company outranks 84% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.5x the national average plan size of $100M (730 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$50M
Net Assets (End of Year)$48M
Net Income-$2M
Employer EIN370344290
Plan Effective Date1959-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Illinois Mutual Life Insurance Co.)

$70M$72M$74M$76M$78M 202220232024 $70.9M $75.6M ▲ +6.7%
Total plan assets by year, all Illinois Mutual Life Insurance Co. plans on file
Year Plans Participants Total Assets
2022 2 272 $71M
2023 2 259 $77M
2024 2 259 $76M

Nearby Defined Benefit (Pension) Plans in Illinois

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

Retirement Plan for Employees of Illinois Mutual Life Insurance Company vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants

Retirement Plan for Employees of Illinois Mutual Life Insurance Company vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000001000020000300004000050000 -200204060 Total assets ($B) Participants Retirement Plan for …Central States, Sout…State Farm Insurance…GE Healthcare Pensio…Abbott Laboratories …Exelon Corporation R…
Retirement Plan for Employees of Illinois Mutual Life Insurance Company vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Retirement Plan for Employees of Illinois Mutual Life Insurance Company by total assets, not by location.

Frequently Asked Questions

How did Retirement Plan for Employees of Illinois Mutual Life Insurance Company assets move in 2024?
Retirement Plan for Employees of Illinois Mutual Life Insurance Company edged down modestly - down 3.3% during 2024, from $50M to $48M. Reported net income was -$2M.
How have Illinois Mutual Life Insurance Co. plan assets changed over time?
Across 3 plan years on file (2022-2024), Illinois Mutual Life Insurance Co.'s sponsor-wide assets grew 6.7%, from $71M to $76M.
Where does Retirement Plan for Employees of Illinois Mutual Life Insurance Company rank by assets among Form 5500 filers?
Retirement Plan for Employees of Illinois Mutual Life Insurance Company ranks in the 84th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Retirement Plan for Employees of Illinois Mutual Life Insurance Company?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Atlas Copco Pension Plan in NJ ($48M, 269 participants).

Next read for Retirement Plan for Employees of Illinoi…

Scale reading

Ways to act on Retirement Plan for Employees of Illinois Mutual Life Insurance Company's numbers.

  • By total assets, Retirement Plan for Employees of Illinois Mutual Life Insurance Company ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Illinois. Compare plans
  • Illinois Mutual Life Insurance Co.'s sponsor-wide assets have grown 6.7% since 2022 across 3 plan years on file. More Finance & Insurance 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 370344290.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.