Defined Benefit (Pension) · DOL Form 5500 · 2024

Board of Trustees Studio Mechanics Local 476 Iatse Retiremen Pension Plan

Data updated 2026-08-11

$103M
Total assets
1,110
Participants
91st
Percentile by assets
$92,412
Avg per participant
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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.

  • 91st percentile by assets (of 123,622 plans)
  • #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.

$103M
total plan assets (2024 EOY)
1,110
covered participants
91st
percentile by assets (of 123,622 plans)
$92,412
avg assets per participant

Where Studio Mechanics Local 476 Iatse Retirement Plan sits 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 $2,010,000,000 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

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 →

State

Studio Mechanics Local 476 Iatse Retirement Plan vs the 2024 asset distribution

By assets, Studio Mechanics Local 476 Iatse Retirement Plan outranks 91% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.0x the national average plan size of $100M (721 average participants).

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)

$70M$80M$90M$100M$110M 202220232024 $75.5M $103M ▲ +35.8%
Total plan assets by year, all Board of Trustees Studio Mechanics Local 476 Iatse Retiremen plans on file
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

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 Loc…Central States, Sout…State Farm Insurance…GE Healthcare Pensio…Abbott Laboratories …United Food & Commer…
Studio Mechanics Local 476 Iatse Retirement 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 Studio Mechanics Local 476 Iatse Retirement Plan by total assets, not by location.

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).

Next read for Studio Mechanics Local 476 Iatse Retirem…

Scale reading

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

  • By total assets, Studio Mechanics Local 476 Iatse Retirement Plan ranks in the top 10% 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
  • Board of Trustees Studio Mechanics Local 476 Iatse Retiremen's sponsor-wide assets have grown 35.8% since 2022 across 3 plan years on file. More Information & Media plans