Defined Benefit (Pension) · DOL Form 5500 · 2024
Trustees of Teamsters Local 301 Pension Plan
Data updated 2026-08-11
- $452M
- Total assets
- 763
- Participants
- 97th
- Percentile by assets
- $592,995
- Avg per participant
Official DOL plan name: Teamsters' Local 301 Pension Plan · Sponsored by Trustees of Teamsters Local 301 · Illinois · Transportation & Warehousing
$452M in assets, 763 participants
Trustees of Teamsters Local 301's Teamsters' Local 301 Pension Plan reported $452M in total assets and 763 participants in its 2024 DOL Form 5500 filing, ranking in the 97th 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.
- 97th percentile by assets (of 123,622 plans)
- #3,151 in Transportation & Warehousing (3,299 peers)
Where Teamsters' Local 301 Pension Plan sits by assets
Teamsters' Local 301 Pension Plan sits in the top 5% of all filed plans by assets, $452M for 763 participants (~$592,995/participant), up 5.4% in 2024.
- $452M
- total plan assets (2024 EOY)
- 763
- covered participants
- 97th
- percentile by assets (of 123,622 plans)
- $592,995
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Teamsters' Local 301 Pension Plan reported net income fell from $25M in the plan year 2023 filing to $23M in the plan year 2024 filing.
- Teamsters' Local 301 Pension Plan end-of-year assets rose from $429M in the plan year 2023 filing to $452M in the plan year 2024 filing.
- Teamsters' Local 301 Pension Plan reported participants rose from 743 in the plan year 2023 filing to 763 in the plan year 2024 filing.
Teamsters' Local 301 Pension Plan vs the 2024 asset distribution
By assets, Teamsters' Local 301 Pension Plan outranks 97% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 4.5x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $429M |
|---|---|
| Net Assets (End of Year) | $452M |
| Net Income | $23M |
| Employer EIN | 366492992 |
| Plan Effective Date | 1958-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Trustees of Teamsters Local 301)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 734 | $404M |
| 2023 | 1 | 743 | $429M |
| 2024 | 1 | 763 | $452M |
Nearby Defined Benefit (Pension) Plans in Illinois
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Teamsters' Local 301 Pension 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 Teamsters' Local 301 Pension Plan by total assets, not by location.
- Atlanta Plumbers & Steamfitters Pension Fund (FL) $452M · 2,339
- Tri-State Carpenters and Joiners Pension Trust Fund (TN) $452M · 2,085
- Employer - Teamsters Local Nos 175 & 505 Pension Trust Fund (WV) $453M · 1,685
- Twin City Ironworkers Pension Plan (MN) $454M · 1,387
Frequently Asked Questions
How did Teamsters' Local 301 Pension Plan assets move in 2024? ▼
How have Trustees of Teamsters Local 301 plan assets changed over time? ▼
Where does Teamsters' Local 301 Pension Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Teamsters' Local 301 Pension Plan? ▼
Next read for Teamsters' Local 301 Pension Plan
Scale reading
Ways to act on Teamsters' Local 301 Pension Plan's numbers.
- By total assets, Teamsters' Local 301 Pension Plan ranks in the top 5% 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
- Trustees of Teamsters Local 301's sponsor-wide assets have grown 11.9% since 2022 across 3 plan years on file. More Transportation & Warehousing plans