Defined Benefit (Pension) · DOL Form 5500 · 2024

Trustees of Local Union 786 Ibt Material Pension Pension Plan

Data updated 2026-08-11

$394M
Total assets: 995
Participants: 97th
Percentile by assets: $396,348
Avg per participant

Official DOL plan name: Local Union 786 Building Material Pension Fund · Sponsored by Trustees of Local Union 786 Ibt Material Pension · Illinois · Wholesale Trade

$394M in assets, 995 participants

Trustees of Local Union 786 Ibt Material Pension's Local Union 786 Building Material Pension Fund reported $394M in total assets and 995 participants in its 2024 DOL Form 5500 filing, ranking in the 97th 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.

97th percentile by assets (of 123,622 plans)
#5,937 in Wholesale Trade (6,080 peers)

Where Local Union 786 Building Material Pension Fund sits by assets

Local Union 786 Building Material Pension Fund sits in the top 5% of all filed plans by assets, $394M for 995 participants (~$396,348/participant), up 5.0% in 2024.

$394M
total plan assets (2024 EOY): 995
covered participants: 97th
percentile by assets (of 123,622 plans): $396,348
avg assets per participant

Where Local Union 786 Building Material Pension Fund sits by total assets

Local Union 786 Building Material Pension Fund vs every filed plan by assets

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

$394,366,377 Top 3% higher than 97% 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 Union 786 Building Material Pension Fund reported net income fell from $35M in the plan year 2023 filing to $19M in the plan year 2024 filing.
Local Union 786 Building Material Pension Fund end-of-year assets rose from $376M in the plan year 2023 filing to $394M in the plan year 2024 filing.
Local Union 786 Building Material Pension Fund reported participants fell from 1,031 in the plan year 2023 filing to 995 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Illinois

Industry

Wholesale Trade

Local Union 786 Building Material Pension Fund vs the 2024 asset distribution

By assets, Local Union 786 Building Material Pension Fund outranks 97% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 4.0x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)	$376M
Net Assets (End of Year)	$394M
Net Income	$19M
Employer EIN	516067400
Plan Effective Date	1961-04-25
Filing Status	FILING RECEIVED

Sponsor Plan History (Trustees of Local Union 786 Ibt Material Pension)

Total plan assets by year, all Trustees of Local Union 786 Ibt Material Pension plans on file

Year	Plans	Participants	Total Assets
2022	1	995	$341M
2023	1	1,031	$376M
2024	1	995	$394M

Nearby Defined Benefit (Pension) Plans in Illinois

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

Local Union 786 Building Material 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

Compare Local Union 786 Building Material Pensio… side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Local Union 786 Building Material Pension Fund by total assets, not by location.

Delta Dental Plan of Michigan, Inc. Retirement Income Plan (MI) $395M · 714
Baxalta Incorporated and Subsidiaries Pension Plan (PA) $395M · 516
Kaiser Permanente Physicians and Employees Retirement Plan (CA) $394M · 1,229
Swiss Re Group U.S. Employees' Pension Plan (NY) $396M · 328

Frequently Asked Questions

How did Local Union 786 Building Material Pension Fund assets move in 2024? ▼

Local Union 786 Building Material Pension Fund edged up modestly - up 5.0% during 2024, from $376M to $394M. Reported net income was $19M.

How have Trustees of Local Union 786 Ibt Material Pension plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Trustees of Local Union 786 Ibt Material Pension's sponsor-wide assets grew 15.6%, from $341M to $394M.

Where does Local Union 786 Building Material Pension Fund rank by assets among Form 5500 filers? ▼

Local Union 786 Building Material Pension Fund ranks in the 97th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).

Which Defined Benefit (Pension) plans are similar in size to Local Union 786 Building Material Pension Fund? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is Delta Dental Plan of Michigan, Inc. Retirement Income Plan in MI ($395M, 714 participants).

Next read for Local Union 786 Building Material Pensio…

Scale reading

Ways to act on Local Union 786 Building Material Pension Fund's numbers.

By total assets, Local Union 786 Building Material 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 Local Union 786 Ibt Material Pension's sponsor-wide assets have grown 15.6% since 2022 across 3 plan years on file. More Wholesale Trade plans

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 516067400.