Money Purchase · DOL Form 5500 · 2024
Board of Trustees Studio Mechanics Local 476 Annuity Fund Money Purchase Plan
Data updated 2026-08-25
- $41M
- Total assets Below avg plan size
- 1,330
- Participants Near avg headcount
- 82nd
- Percentile by assets National rank
- $30,942
- Avg per participant Low balance/head
Official DOL plan name: Studio Mechanics Local 476 Annuity Plan · Sponsored by Board of Trustees Studio Mechanics Local 476 Annuity Fund · Illinois · Other Services
$41M in assets, 1,330 participants
Board of Trustees Studio Mechanics Local 476 Annuity Fund's Studio Mechanics Local 476 Annuity Plan reported $41M in total assets and 1,330 participants in its 2024 DOL Form 5500 filing, ranking in the 82nd 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.
- #7,053 in Other Services (7,719 peers)
Where Studio Mechanics Local 476 Annuity Plan sits by assets
Studio Mechanics Local 476 Annuity Plan sits in the top quartile of all filed plans by assets, $41M for 1,330 participants (~$30,942/participant), up 8.4% in 2024.
- #7,053
- in Other Services (7,719 peers)
- +8.4%
- assets growth YoY
- 0.4×
- vs typical plan assets (national mean)
Studio Mechanics Local 476 Annuity Plan's outsized position by total assets
Studio Mechanics Local 476 Annuity Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$41,153,114 Top 18% higher than 82% 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
Studio Mechanics Local 476 Annuity Plan's large-plan peer group by participant headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Studio Mechanics Local 476 Annuity Plan lands in the large band (1,330 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Studio Mechanics Local 476 Annuity Plan reported net income rose from $2M in the plan year 2023 filing to $3M in the plan year 2024 filing.
- Studio Mechanics Local 476 Annuity Plan reported participants fell from 1,732 in the plan year 2023 filing to 1,330 in the plan year 2024 filing.
- Studio Mechanics Local 476 Annuity Plan end-of-year assets rose from $38M in the plan year 2023 filing to $41M in the plan year 2024 filing.
Form 5500 schedule snapshot
Filing strip 363828094 · Board of Trustees Studio Mechanics Local 476 Annuity Fund PY 2024 · Money Purchase
Studio Mechanics Local 476 Annuity Plan · $41M · 1,330 · 82nd
- EBSA $41M
- EBSA 1,330
- EBSA 82nd
- EBSA Money Purchase
- EBSA near Unite Here! Local 54 Severance Fund
- EBSA ind #7053
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 Other Services retirement plans → · Plans in Illinois →
Studio Mechanics Local 476 Annuity Plan in the asset neighbourhood
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $38M |
|---|---|
| Net Assets (End of Year) | $41M |
| Net Income | $3M |
| Employer EIN | 363828094 |
| Plan Effective Date | 1992-06-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees Studio Mechanics Local 476 Annuity Fund)
Sponsor-wide plan assets over time
All Board of Trustees Studio Mechanics Local 476 Annuity Fund plans reported in each filing year
- Latest sponsor-wide plan assets
- $41M 14.852884727072983% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 2,126 | $36M |
| 2023 | 1 | 1,732 | $38M |
| 2024 | 1 | 1,330 | $41M |
Nearby Money Purchase Plans in Illinois
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
- Retirement Plan for Employees of Fermi Research Alliance, LLC $796M · 1,782
- NECA-IBEW Local 176 Pension Trust Fund $725M · 2,204
- NECA-IBEW Local 364 Defined Contribution Plan $489M · 944
- International Association of Heat and Frost Insulators Local 17 Annuity Fund $216M · 1,188
- Sheet Metal Workers Local 219 Retirement Savings Fund $210M · 936
Studio Mechanics Local 476 Annuity Plan's out-of-state Money Purchase peers by assets and headcount
Outside Illinois, the nearest Money Purchase by assets is Unite Here! Local 54 Severance Fund in NJ ($41M); by covered participants it is Local 670 Annuity Fund in NY (1,341 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($41M here).
Similar participant headcount
Nearest other-state filings by covered participants (1,330 participants); asset peers above are excluded.
- Local 670 Annuity Fund (NY) 1,341 · 11 off
- U. a. Local 38 Defined Contribution Pension Plan (CA) 1,341 · 11 off
- Ingram Marine Group Retirement Plan (TN) 1,351 · 21 off
- Plumbers & Pipefitters Local Union #51 Annuity Plan (RI) 1,305 · 25 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.