Defined Benefit (Pension) · DOL Form 5500 · 2024
Trustees of the Smart Local 265 Pension Fund Pension Plan
Data updated 2026-08-11
- $607M
- Total assets
- 1,224
- Participants
- 98th
- Percentile by assets
- $496,300
- Avg per participant
Official DOL plan name: Smart Local 265 Pension Fund · Sponsored by Trustees of the Smart Local 265 Pension Fund · Illinois · Construction
$607M in assets, 1,224 participants
Trustees of the Smart Local 265 Pension Fund's Smart Local 265 Pension Fund reported $607M in total assets and 1,224 participants in its 2024 DOL Form 5500 filing, ranking in the 98th 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.
- 98th percentile by assets (of 123,622 plans)
- #8,813 in Construction (9,039 peers)
Where Smart Local 265 Pension Fund sits by assets
Smart Local 265 Pension Fund sits in the top 5% of all filed plans by assets, $607M for 1,224 participants (~$496,300/participant), up 7.3% in 2024.
- $607M
- total plan assets (2024 EOY)
- 1,224
- covered participants
- 98th
- percentile by assets (of 123,622 plans)
- $496,300
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Smart Local 265 Pension Fund end-of-year assets rose from $566M in the plan year 2023 filing to $607M in the plan year 2024 filing.
- Smart Local 265 Pension Fund reported net income rose from $40M in the plan year 2023 filing to $41M in the plan year 2024 filing.
- Smart Local 265 Pension Fund reported participants rose from 1,201 in the plan year 2023 filing to 1,224 in the plan year 2024 filing.
Smart Local 265 Pension Fund vs the 2024 asset distribution
By assets, Smart Local 265 Pension Fund outranks 98% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 6.1x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $566M |
|---|---|
| Net Assets (End of Year) | $607M |
| Net Income | $41M |
| Employer EIN | 366168611 |
| Plan Effective Date | 1962-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Trustees of the Smart Local 265 Pension Fund)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 1,134 | $527M |
| 2023 | 1 | 1,201 | $566M |
| 2024 | 1 | 1,224 | $607M |
Nearby Defined Benefit (Pension) Plans in Illinois
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Smart Local 265 Pension Fund vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants
- Central States, Southeast & Southwest Areas Pension Plan $48.2B · 36,799
- State Farm Insurance Companies Retirement Plan for United States Employees $37.7B · 41,619
- GE Healthcare Pension Plan $13.7B · 5,554
- Abbott Laboratories Annuity Retirement Plan $8.6B · 17,875
- United Food & Commercial Workers Intl Union - Industry Pension Fund $8.2B · 20,984
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Smart Local 265 Pension Fund by total assets, not by location.
- Banco Popular De Puerto Rico Retirement Plan (PR) $607M · 1,845
- Local 338 Retirement Fund (NY) $607M · 1,782
- Retirement Plan for Children's Hospital & Research Center at Oakland (CA) $607M · 1,652
- The Legacy Plan of the Unite Here Retirement Fund (NY) $609M · 18,598
Frequently Asked Questions
How did Smart Local 265 Pension Fund assets move in 2024? ▼
How have Trustees of the Smart Local 265 Pension Fund plan assets changed over time? ▼
Where does Smart Local 265 Pension Fund rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Smart Local 265 Pension Fund? ▼
Next read for Smart Local 265 Pension Fund
Scale reading
Ways to act on Smart Local 265 Pension Fund's numbers.
- By total assets, Smart Local 265 Pension Fund ranks in the top 5% 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
- Trustees of the Smart Local 265 Pension Fund's sponsor-wide assets have grown 15.4% since 2022 across 3 plan years on file. More Construction plans