Defined Benefit (Pension) · DOL Form 5500 · 2024
Trustees of Local 1 Pension Fund Pension Plan
Data updated 2026-08-25
- $346M
- Total assets Above avg plan size
- 3,911
- Participants Above avg headcount
- 96th
- Percentile by assets National rank
- $88,524
- Avg per participant Below avg balance/head
Official DOL plan name: Local No. 1 Pension Trust Fund · Sponsored by Trustees of Local 1 Pension Fund · Illinois · Administrative & Support Services
$346M in assets, 3,911 participants
Trustees of Local 1 Pension Fund's Local No. 1 Pension Trust Fund reported $346M in total assets and 3,911 participants in its 2024 DOL Form 5500 filing, ranking in the 96th 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.
- #4,285 in Administrative & Support Services (4,368 peers)
Coverage in Illinois
Local No. 1 Pension Trust Fund covers 3,911 participants in Illinois, 5.0x the typical Illinois plan (state average ~779 per filing). Assets: $346M.
- #4,285
- in Administrative & Support Services (4,368 peers)
- +9.0%
- assets growth YoY
- 3.5×
- vs typical plan assets (national mean)
Local No. 1 Pension Trust Fund's outsized position by total assets
Local No. 1 Pension Trust Fund vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$346,217,195 Top 4% higher than 96% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Local No. 1 Pension Trust Fund'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. Local No. 1 Pension Trust Fund lands in the large band (3,911 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Local No. 1 Pension Trust Fund end-of-year assets rose from $318M in the plan year 2023 filing to $346M in the plan year 2024 filing.
- Local No. 1 Pension Trust Fund reported net income fell from $30M in the plan year 2023 filing to $29M in the plan year 2024 filing.
- Local No. 1 Pension Trust Fund reported participants rose from 3,813 in the plan year 2023 filing to 3,911 in the plan year 2024 filing.
DOL schedule card
Filing strip 516055057 · Trustees of Local 1 Pension Fund PY 2024 · Defined Benefit (Pension)
Local No. 1 Pension Trust Fund · $346M · 3,911 · 96th
- IND $346M
- IND 3,911
- IND 96th
- IND Defined Benefit (Pension)
- IND near Northwestern Energy Mt Pension Plan
- IND ind #4285
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 Administrative & Support Services retirement plans → · Plans in Illinois →
Local No. 1 Pension Trust Fund in the asset neighbourhood
Illinois filing particulars
| Total Assets (Beginning of Year) | $318M |
|---|---|
| Net Assets (End of Year) | $346M |
| Net Income | $29M |
| Employer EIN | 516055057 |
| Plan Effective Date | 1967-01-04 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Trustees of Local 1 Pension Fund)
Sponsor-wide plan assets over time
All Trustees of Local 1 Pension Fund plans reported in each filing year
- Latest sponsor-wide plan assets
- $346M 20.439186362731107% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 3,739 | $287M |
| 2023 | 1 | 3,813 | $318M |
| 2024 | 1 | 3,911 | $346M |
Nearby Defined Benefit (Pension) Plans in Illinois
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- 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
Local No. 1 Pension Trust Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Illinois, the nearest Defined Benefit (Pension) by assets is Northwestern Energy Mt Pension Plan in MT ($346M); by covered participants it is Ernst & Young Partnership Defined Benefit Retirement Plan in NJ (3,910 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($346M here).
- Northwestern Energy Mt Pension Plan (MT) $346M · 349
- Formosa Plastics Corporation, U.S.a. Pension Plan (NJ) $346M · 3,446
- Weil, Gotshal & Manges Partners' Defined Benefit Plan (NY) $347M · 107
- Gibson, Dunn & Crutcher LLP Partners Cash Balance Plan (CA) $344M · 328
Similar participant headcount
Nearest other-state filings by covered participants (3,911 participants); asset peers above are excluded.
- Ernst & Young Partnership Defined Benefit Retirement Plan (NJ) 3,910 · 1 off
- Operating Eng Cons Ind Misc. Pension Fund (PA) 3,908 · 3 off
- United Food & Commercial Workers Union - Employer Pension Fund (OH) 3,916 · 5 off
- Alaska Teamster-Employer Pension Trust (AK) 3,901 · 10 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.