Money Purchase · DOL Form 5500 · 2024

Board of Trustees Studio Mechanics Local 476 Annuity Fund Money Purchase Plan

Data updated 2026-08-11

$41M
Total assets: 1,330
Participants: 82nd
Percentile by assets: $30,942
Avg per participant

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.

82nd percentile by assets (of 123,622 plans)
#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.

$41M
total plan assets (2024 EOY): 1,330
covered participants: 82nd
percentile by assets (of 123,622 plans): $30,942
avg assets per participant

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.

See the national 2023→2024 release diff →

State

Illinois

Industry

Other Services

Studio Mechanics Local 476 Annuity Plan vs the 2024 asset distribution

By assets, Studio Mechanics Local 476 Annuity Plan outranks 82% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.4x the national average plan size of $100M (721 average participants).

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)

Total plan assets by year, all Board of Trustees Studio Mechanics Local 476 Annuity Fund plans on file

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.

Studio Mechanics Local 476 Annuity Plan vs. nearby Money Purchase plans in Illinois, assets vs. participants

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

Compare Studio Mechanics Local 476 Annuity Plan side-by-side with 3 peers →

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to Studio Mechanics Local 476 Annuity Plan by total assets, not by location.

Unite Here! Local 54 Severance Fund (NJ) $41M · 6,047
IBEW Local 1245 Money Purchase Pension Plan (CA) $41M · 53
Money Accumulation Pension Plan for Employees of Circles of Care, Inc. (FL) $41M · 352
Mfow Money Purchase Pension Plan (CA) $42M · 324

Frequently Asked Questions

How did Studio Mechanics Local 476 Annuity Plan assets move in 2024? ▼

Studio Mechanics Local 476 Annuity Plan grew at a solid clip - up 8.4% during 2024, from $38M to $41M. Reported net income was $3M.

How have Board of Trustees Studio Mechanics Local 476 Annuity Fund plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Board of Trustees Studio Mechanics Local 476 Annuity Fund's sponsor-wide assets grew 14.9%, from $36M to $41M.

Where does Studio Mechanics Local 476 Annuity Plan rank by assets among Form 5500 filers? ▼

Studio Mechanics Local 476 Annuity Plan ranks in the 82nd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).

Which Money Purchase plans are similar in size to Studio Mechanics Local 476 Annuity Plan? ▼

Among Money Purchase plans in other states, the closest by assets is Unite Here! Local 54 Severance Fund in NJ ($41M, 6,047 participants).

Next read for Studio Mechanics Local 476 Annuity Plan

Scale reading

Ways to act on Studio Mechanics Local 476 Annuity Plan's numbers.

By total assets, Studio Mechanics Local 476 Annuity Plan ranks in the top quartile of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Money Purchase plans in Illinois. Compare plans
Board of Trustees Studio Mechanics Local 476 Annuity Fund's sponsor-wide assets have grown 14.9% since 2022 across 3 plan years on file. More Other Services plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 363828094.