Defined Benefit (Pension) · DOL Form 5500 · 2024

Board of Trustees Studio Mechanics Local 476 Iatse Retiremen Pension Plan

Data updated 2026-08-25

$103M
Total assets Near avg plan size
1,110
Participants Near avg headcount
91st
Percentile by assets National rank
$92,412
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Studio Mechanics Local 476 Iatse Retirement Plan · Sponsored by Board of Trustees Studio Mechanics Local 476 Iatse Retiremen · Illinois · Information & Media

$103M in assets, 1,110 participants

Board of Trustees Studio Mechanics Local 476 Iatse Retiremen's Studio Mechanics Local 476 Iatse Retirement Plan reported $103M in total assets and 1,110 participants in its 2024 DOL Form 5500 filing, ranking in the 91st 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.

  • #2,443 in Information & Media (2,822 peers)

Where Studio Mechanics Local 476 Iatse Retirement Plan sits by assets

Studio Mechanics Local 476 Iatse Retirement Plan sits in the top 10% of all filed plans by assets, $103M for 1,110 participants (~$92,412/participant), up 18.1% in 2024.

#2,443
in Information & Media (2,822 peers)
+18.1%
assets growth YoY
1.0×
vs typical plan assets (national mean)

Studio Mechanics Local 476 Iatse Retirement Plan's outsized position by total assets

Studio Mechanics Local 476 Iatse Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$102,577,472 Top 9% higher than 91% of 123,620 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

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 Iatse Retirement 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 Iatse Retirement Plan lands in the large band (1,110 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Studio Mechanics Local 476 Iatse Retirement Plan reported net income rose from $11M in the plan year 2023 filing to $16M in the plan year 2024 filing.
  • Studio Mechanics Local 476 Iatse Retirement Plan reported participants fell from 1,404 in the plan year 2023 filing to 1,110 in the plan year 2024 filing.
  • Studio Mechanics Local 476 Iatse Retirement Plan end-of-year assets rose from $87M in the plan year 2023 filing to $103M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 366552588 · Board of Trustees Studio Mechanics Local 476 Iatse Retiremen PY 2024 · Defined Benefit (Pension)

Studio Mechanics Local 476 Iatse Retirement Plan · $103M · 1,110 · 91st

  • PHOTO $103M
  • IND 1,110
  • EOY 91st
  • 5500 Defined Benefit (Pension)
  • ASSETS near Michigan Upper Peninsula Intrl Brotherhood of Elec Workers Pension Plan
  • PCT ind #2443

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 Information & Media retirement plans → · Plans in Illinois →

Studio Mechanics Local 476 Iatse Retirement Plan in the asset neighbourhood

Teamsters Local Union No. 716 Pension PlanTeamsters Local Union No. 71…$103MBlue Diamond Growers Employees Pension PlanBlue Diamond Growers Employe…$103MMichigan Upper Peninsula Intrl Brotherhood of Elec Workers Pension PlanMichigan Upper Peninsula Int…$103MStudio Mechanics Local 476 Iatse Retirement PlanStudio Mechanics Local 476 I…$103MElectrical Workers Pension FundElectrical Workers Pension F…$102M
End-of-year total assets ($M) among Studio Mechanics Local 476 Iatse Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$87M
Net Assets (End of Year)$102M
Net Income$16M
Employer EIN366552588
Plan Effective Date1967-01-02
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees Studio Mechanics Local 476 Iatse Retiremen)

Sponsor-wide plan assets over time

All Board of Trustees Studio Mechanics Local 476 Iatse Retiremen plans reported in each filing year

Latest sponsor-wide plan assets
$103M 35.78652603611955% vs 2022
2024 filing year
$70M$80M$90M$100M$110M 202220232024 $75.5M $103M ▲ +35.8%
Year Plans Participants Total Assets
2022 1 1,794 $76M
2023 1 1,404 $87M
2024 1 1,110 $103M

Nearby Defined Benefit (Pension) Plans in Illinois

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

Studio Mechanics Local 476 Iatse Retirement Plan vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000001000020000300004000050000 -200204060 Total assets ($B) Participants Studio Mechanics Local 476 Iatse Retirement Plan, Total assets ($B): 0.102577472 · Participants: 1110Studio Mechanics Local 476 Iatse Retirement PlanCentral States, Southeast & Southwest Areas Pension Plan, Total assets ($B): 48.22071058 · Participants: 36799Central States, Southeast & Southwest Areas Pension PlanState Farm Insurance Companies Retirement Plan for United States Employees, Total assets ($B): 37.736369487 · Participants: 41619State Farm Insurance Companies Retirement Plan for United States EmployeesGE Healthcare Pension Plan, Total assets ($B): 13.74052931 · Participants: 5554GE Healthcare Pension PlanAbbott Laboratories Annuity Retirement Plan, Total assets ($B): 8.591907247 · Participants: 17875Abbott Laboratories Annuity Retirement PlanUnited Food & Commercial Workers Intl Union - Industry Pension Fund, Total assets ($B): 8.17675965 · Participants: 20984United Food & Commercial Workers Intl Union - Industry Pension Fund
Studio Mechanics Local 476 Iatse Retirement Plan vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants

Studio Mechanics Local 476 Iatse Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Illinois, the nearest Defined Benefit (Pension) by assets is Michigan Upper Peninsula Intrl Brotherhood of Elec Workers Pension Plan in MI ($103M); by covered participants it is Washington Permanente Medical Group Cash Balance Pension Plan in WA (1,111 participants). Same-state nearby plans are listed separately above.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Studio Mechanics Local 476 Iatse Retirement Plan assets move in 2024? ▼
Studio Mechanics Local 476 Iatse Retirement Plan grew sharply - up 18.1% during 2024, from $87M to $103M. Reported net income was $16M.
How have Board of Trustees Studio Mechanics Local 476 Iatse Retiremen plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees Studio Mechanics Local 476 Iatse Retiremen's sponsor-wide assets grew 35.8%, from $76M to $103M.
Where does Studio Mechanics Local 476 Iatse Retirement Plan rank by assets among Form 5500 filers? ▼
Studio Mechanics Local 476 Iatse Retirement Plan ranks in the 91st percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Studio Mechanics Local 476 Iatse Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Michigan Upper Peninsula Intrl Brotherhood of Elec Workers Pension Plan in MI ($103M, 256 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Studio Mechanics Local 476 Iatse Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Washington Permanente Medical Group Cash Balance Pension Plan in WA (1,111 participants, $137M in assets).