Profit Sharing · DOL Form 5500 · 2024

Board of Trustees Local No. 1 Suburban 401(k) Savings Plan Profit Sharing Plan

Data updated 2026-08-06

$11M
Total assets
4,390
Participants
58th
Percentile by assets
$2,486
Avg per participant
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Official DOL plan name: Local No. 1 Suburban 401(k) Savings Plan · Sponsored by Board of Trustees Local No. 1 Suburban 401(k) Savings Plan · Illinois · Administrative & Support Services

$11M in assets, 4,390 participants

Board of Trustees Local No. 1 Suburban 401(k) Savings Plan's Local No. 1 Suburban 401(k) Savings Plan reported $11M in total assets and 4,390 participants in its 2024 DOL Form 5500 filing, ranking in the 58th 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.

  • 58th percentile by assets (of 116,472 plans)

Coverage in Illinois

Local No. 1 Suburban 401(k) Savings Plan covers 4,390 participants in Illinois, 5.7x the typical Illinois plan (state average ~768 per filing). Assets: $11M.

$11M
total plan assets (2024 EOY)
4,390
covered participants
58th
percentile by assets (of 116,472 plans)
$2,486
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Local No. 1 Suburban 401(k) Savings Plan end-of-year assets rose from $8M in the plan year 2023 filing to $11M in the plan year 2024 filing.
  • Local No. 1 Suburban 401(k) Savings Plan reported participants rose from 3,505 in the plan year 2023 filing to 4,390 in the plan year 2024 filing.
  • Local No. 1 Suburban 401(k) Savings Plan reported net income fell from $3M in the plan year 2023 filing to $3M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Participants vs Illinois filers

In Illinois, the average filing covers about 768 participants across 5,440 plans. Local No. 1 Suburban 401(k) Savings Plan reports 4,390 participants - 5.7x that state average ($11M EOY assets).

Illinois filing particulars

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$11M
Net Income$3M
Employer EIN843791959
Plan Effective Date2019-11-12
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees Local No. 1 Suburban 401(k) Savings Plan)

$4M$6M$8M$10M$12M 202220232024 $4.67M $10.9M ▲ +133.6%
Total plan assets by year, all Board of Trustees Local No. 1 Suburban 401(k) Savings Plan plans on file
Year Plans Participants Total Assets
2022 1 2,988 $5M
2023 1 3,505 $8M
2024 1 4,390 $11M

Nearby Profit Sharing Plans in Illinois

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Local No. 1 Suburban 401(k) Savings Plan vs. nearby Profit Sharing plans in Illinois, assets vs. participants

Local No. 1 Suburban 401(k) Savings Plan vs. nearby Profit Sharing plans in Illinois, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -101234 Total assets ($B) Participants Local No. 1 Suburban…W. W. Grainger, Inc.…Mcmaster-Carr Supply…Midwest Operating En…Structural Iron Work…Sidley Austin LLP Re…
Local No. 1 Suburban 401(k) Savings Plan vs. nearby Profit Sharing plans in Illinois, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Local No. 1 Suburban 401(k) Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Local No. 1 Suburban 401(k) Savings Plan assets move in 2024?
Local No. 1 Suburban 401(k) Savings Plan surged - up 37.4% during 2024, from $8M to $11M. Reported net income was $3M.
How have Board of Trustees Local No. 1 Suburban 401(k) Savings Plan plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees Local No. 1 Suburban 401(k) Savings Plan's sponsor-wide assets grew 133.9%, from $5M to $11M.
Which Profit Sharing plans are similar in size to Local No. 1 Suburban 401(k) Savings Plan?
Among Profit Sharing plans in other states, the closest by assets is Roofers Local 195 Annuity Fund in NY ($11M, 205 participants).

Next read for Local No. 1 Suburban 401(k) Savings Plan

Filing takeaways

Ways to act on Local No. 1 Suburban 401(k) Savings Plan's numbers.

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 843791959.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.