Defined Benefit (Pension) · DOL Form 5500 · 2024
Ideal Industries, Inc. Pension Plan
Data updated 2026-08-11
- $45M
- Total assets
- 433
- Participants
- 83rd
- Percentile by assets
- $104,353
- Avg per participant
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.
- 83rd percentile by assets (of 123,622 plans)
- #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.
- $45M
- total plan assets (2024 EOY)
- 433
- covered participants
- 83rd
- percentile by assets (of 123,622 plans)
- $104,353
- 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
- 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.
Ideal Industries, Inc. Retirement Plan vs the 2024 asset distribution
By assets, Ideal Industries, Inc. Retirement Plan outranks 83% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.5x the national average plan size of $100M (721 average participants).
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.)
| 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.
Ideal Industries, Inc. Retirement Plan vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants
- 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
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Ideal Industries, Inc. Retirement Plan by total assets, not by location.
Frequently Asked Questions
How did Ideal Industries, Inc. Retirement Plan assets move in 2024? ▼
How have Ideal Industries, Inc. plan assets changed over time? ▼
Where does Ideal Industries, Inc. Retirement Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Ideal Industries, Inc. Retirement Plan? ▼
Next read for Ideal Industries, Inc. Retirement Plan
Scale reading
Ways to act on Ideal Industries, Inc. Retirement Plan's numbers.
- By total assets, Ideal Industries, Inc. Retirement Plan 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
- Ideal Industries, Inc.'s sponsor-wide assets have declined 8.5% since 2022 across 3 plan years on file. More Manufacturing plans