Defined Benefit (Pension) · DOL Form 5500 · 2024
Ideal Industries, Inc. Pension Plan
Data updated 2026-08-25
- $45M
- Total assets Below avg plan size
- 433
- Participants Below avg headcount
- 83rd
- Percentile by assets National rank
- $104,353
- Avg per participant Below avg balance/head
Official DOL plan name: Ideal Industries, Inc. Retirement Plan · Sponsored by Ideal Industries, Inc. · Illinois · Manufacturing
$45M in assets, 433 participants
Ideal Industries, Inc.'s Ideal Industries, Inc. Retirement Plan reported $45M in total assets and 433 participants in its 2024 DOL Form 5500 filing, ranking in the 83rd 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.
- #13,507 in Manufacturing (17,777 peers)
Where Ideal Industries, Inc. Retirement Plan sits by assets
Ideal Industries, Inc. Retirement Plan sits in the top quartile of all filed plans by assets, $45M for 433 participants (~$104,353/participant), down 4.0% in 2024.
- #13,507
- in Manufacturing (17,777 peers)
- -4.0%
- assets change YoY
- 0.5×
- vs typical plan assets (national mean)
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.
Ideal Industries, Inc. Retirement Plan's outsized position by total assets
Ideal Industries, Inc. Retirement Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$45,184,808 Top 17% higher than 83% 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
Ideal Industries, Inc. Retirement 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. Ideal Industries, Inc. Retirement Plan sits mid-pack in the medium band (433 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Ideal Industries, Inc. Retirement Plan reported net income fell from $6M in the plan year 2023 filing to -$2M in the plan year 2024 filing.
- Ideal Industries, Inc. Retirement Plan reported participants fell from 1,100 in the plan year 2023 filing to 433 in the plan year 2024 filing.
- Ideal Industries, Inc. Retirement Plan end-of-year assets fell from $47M in the plan year 2023 filing to $45M in the plan year 2024 filing.
EBSA filing schedule strip
Filing strip 362048768 · Ideal Industries, Inc. PY 2024 · Defined Benefit (Pension)
Ideal Industries, Inc. Retirement Plan · $45M · 433 · 83rd
- PHOTO $45M
- PHOTO 433
- PHOTO 83rd
- PHOTO Defined Benefit (Pension)
- PHOTO near Arizona Laborers & Teamsters Pension Trust Fund
- PHOTO ind #13507
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 Manufacturing retirement plans → · Plans in Illinois →
Ideal Industries, Inc. Retirement Plan in the asset neighbourhood
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $47M |
|---|---|
| Net Assets (End of Year) | $45M |
| Net Income | -$2M |
| Employer EIN | 362048768 |
| Plan Effective Date | 1944-04-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Ideal Industries, Inc.)
Sponsor-wide plan assets over time
All Ideal Industries, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $160M 8.526304344433091% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 2,317 | $175M |
| 2023 | 2 | 2,260 | $153M |
| 2024 | 2 | 1,775 | $160M |
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
Ideal Industries, Inc. Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Illinois, the nearest Defined Benefit (Pension) by assets is Arizona Laborers & Teamsters Pension Trust Fund in AZ ($45M); by covered participants it is Sheet Metal Workers Local No. 4 Pension Plan in TN (433 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($45M here).
Similar participant headcount
Nearest other-state filings by covered participants (433 participants); asset peers above are excluded.
- Sheet Metal Workers Local No. 4 Pension Plan (TN) 433 · 0 off
- Local 309 Wiremans Pension Trust (MO) 433 · 0 off
- Shell Federal Credit Union Retirement Pension Plan (TX) 432 · 1 off
- Paper Products, Misc. Chauffeurs, Warehousemen, Helpers, Messengers, Production & Office Workers Pension Fund (NY) 432 · 1 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.