Defined Benefit (Pension) · DOL Form 5500 · 2024

Arthur J. Gallagher (Illinois), LLC Pension Plan

Data updated 2026-08-11

$313M
Total assets
982
Participants
96th
Percentile by assets
$319,051
Avg per participant
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Official DOL plan name: Arthur J. Gallagher & Co. Employees' Pension Plan · Sponsored by Arthur J. Gallagher (Illinois), LLC · Illinois · Finance & Insurance

$313M in assets, 982 participants

Arthur J. Gallagher (Illinois), LLC's Arthur J. Gallagher & Co. Employees' Pension Plan reported $313M in total assets and 982 participants in its 2024 DOL Form 5500 filing, ranking in the 96th 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.

  • 96th percentile by assets (of 123,622 plans)
  • #7,961 in Finance & Insurance (8,549 peers)

Where Arthur J. Gallagher & Co. Employees' Pension Plan sits by assets

Arthur J. Gallagher & Co. Employees' Pension Plan sits in the top 5% of all filed plans by assets, $313M for 982 participants (~$319,051/participant), up 35.5% in 2024.

$313M
total plan assets (2024 EOY)
982
covered participants
96th
percentile by assets (of 123,622 plans)
$319,051
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

  • Arthur J. Gallagher & Co. Employees' Pension Plan reported net income fell from $19M in the plan year 2023 filing to -$2M in the plan year 2024 filing.
  • Arthur J. Gallagher & Co. Employees' Pension Plan end-of-year assets rose from $231M in the plan year 2023 filing to $313M in the plan year 2024 filing.
  • Arthur J. Gallagher & Co. Employees' Pension Plan reported participants fell from 1,050 in the plan year 2023 filing to 982 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Arthur J. Gallagher & Co. Employees' Pension Plan vs the 2024 asset distribution

By assets, Arthur J. Gallagher & Co. Employees' Pension Plan outranks 96% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 3.1x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$231M
Net Assets (End of Year)$313M
Net Income-$2M
Employer EIN362481781
Plan Effective Date1982-12-31
Filing StatusFILING RECEIVED

Sponsor Plan History (Arthur J. Gallagher (Illinois), LLC)

$2.5B$3B$3.5B$4B$4.5B 202220232024 $2.99B $4.21B ▲ +40.8%
Total plan assets by year, all Arthur J. Gallagher (Illinois), LLC plans on file
Year Plans Participants Total Assets
2022 2 19,846 $3.0B
2023 2 21,466 $3.5B
2024 2 24,229 $4.2B

Nearby Defined Benefit (Pension) Plans in Illinois

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

Arthur J. Gallagher & Co. Employees' Pension Plan vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants

Arthur J. Gallagher & Co. Employees' Pension Plan vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000001000020000300004000050000 -200204060 Total assets ($B) Participants Arthur J. Gallagher …Central States, Sout…State Farm Insurance…GE Healthcare Pensio…Abbott Laboratories …United Food & Commer…
Arthur J. Gallagher & Co. Employees' Pension Plan 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 Arthur J. Gallagher & Co. Employees' Pension Plan by total assets, not by location.

Frequently Asked Questions

How did Arthur J. Gallagher & Co. Employees' Pension Plan assets move in 2024?
Arthur J. Gallagher & Co. Employees' Pension Plan surged - up 35.5% during 2024, from $231M to $313M. Reported net income was -$2M.
How have Arthur J. Gallagher (Illinois), LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Arthur J. Gallagher (Illinois), LLC's sponsor-wide assets grew 40.7%, from $3.0B to $4.2B.
Where does Arthur J. Gallagher & Co. Employees' Pension Plan rank by assets among Form 5500 filers?
Arthur J. Gallagher & Co. Employees' Pension Plan ranks in the 96th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Arthur J. Gallagher & Co. Employees' Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Lexmark Retirement Growth Account Plan in KY ($313M, 606 participants).

Next read for Arthur J. Gallagher & Co. Employees' Pen…

Scale reading

Ways to act on Arthur J. Gallagher & Co. Employees' Pension Plan's numbers.

  • By total assets, Arthur J. Gallagher & Co. Employees' 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
  • Arthur J. Gallagher (Illinois), LLC's sponsor-wide assets have grown 40.7% since 2022 across 3 plan years on file. More Finance & Insurance plans