Defined Benefit (Pension) · DOL Form 5500 · 2024

Local No. 731, I.B. of T., Pension Fund Pension Plan

Data updated 2026-08-11

$1.1B
Total assets: 3,248
Participants: 99th
Percentile by assets: $338,411
Avg per participant

Official DOL plan name: Local No. 731, I.B. of T., Pension Fund · Sponsored by Local No. 731, I.B. of T., Pension Fund · Illinois · Administrative & Support Services

$1.1B in assets, 3,248 participants

Local No. 731, I.B. of T., Pension Fund's Local No. 731, I.B. of T., Pension Fund reported $1.1B in total assets and 3,248 participants in its 2024 DOL Form 5500 filing, ranking in the 99th 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.

99th percentile by assets (of 123,622 plans)
#4,344 in Administrative & Support Services (4,368 peers)

Coverage in Illinois

Local No. 731, I.B. of T., Pension Fund covers 3,248 participants in Illinois, 4.2x the typical Illinois plan (state average ~779 per filing). Assets: $1.1B.

$1.1B
total plan assets (2024 EOY): 3,248
covered participants: 99th
percentile by assets (of 123,622 plans): $338,411
avg assets per participant

Local No. 731, I.B. of T., Pension Fund reported net income fell from $156M in the plan year 2023 filing to $113M in the plan year 2024 filing.
Local No. 731, I.B. of T., Pension Fund end-of-year assets rose from $985M in the plan year 2023 filing to $1.1B in the plan year 2024 filing.
Local No. 731, I.B. of T., Pension Fund reported participants fell from 3,289 in the plan year 2023 filing to 3,248 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Illinois

Industry

Administrative & Support Services

Participants vs Illinois filers

In Illinois, the average filing covers about 779 participants across 5,745 plans. Local No. 731, I.B. of T., Pension Fund reports 3,248 participants - 4.2x that state average ($1.1B EOY assets).

Illinois filing particulars

Total Assets (Beginning of Year)	$985M
Net Assets (End of Year)	$1.1B
Net Income	$113M
Employer EIN	366513567
Plan Effective Date	1962-10-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Local No. 731, I.B. of T., Pension Fund)

Total plan assets by year, all Local No. 731, I.B. of T., Pension Fund plans on file

Year	Plans	Participants	Total Assets
2022	1	3,312	$830M
2023	1	3,289	$985M
2024	1	3,248	$1.1B

Nearby Defined Benefit (Pension) Plans in Illinois

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

Local No. 731, I.B. of T., 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 No. 731, I.B. of T., Pension Fund side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Local No. 731, I.B. of T., Pension Fund by total assets, not by location.

American Express Retirement Plan (NY) $1.1B · 3,334
Centerpoint Energy Retirement Plan (TX) $1.1B · 4,963
Enbridge Employee Services, Inc. Employees' Pension Plan (TX) $1.1B · 3,603
First-Citizens Bank & Trust Company and Adopting Related Employers Pension Plan (NC) $1.1B · 950

Frequently Asked Questions

How did Local No. 731, I.B. of T., Pension Fund assets move in 2024? ▼

Local No. 731, I.B. of T., Pension Fund grew at a solid clip - up 11.5% during 2024, from $985M to $1.1B. Reported net income was $113M.

How have Local No. 731, I.B. of T., Pension Fund plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Local No. 731, I.B. of T., Pension Fund's sponsor-wide assets grew 32.4%, from $830M to $1.1B.

Where does Local No. 731, I.B. of T., Pension Fund rank by assets among Form 5500 filers? ▼

Local No. 731, I.B. of T., Pension Fund ranks in the 99th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).

Which Defined Benefit (Pension) plans are similar in size to Local No. 731, I.B. of T., Pension Fund? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is American Express Retirement Plan in NY ($1.1B, 3,334 participants).

Next read for Local No. 731, I.B. of T., Pension Fund

Filing takeaways

Ways to act on Local No. 731, I.B. of T., Pension Fund's numbers.

By total assets, Local No. 731, I.B. of T., Pension Fund ranks among the largest 1% of all filed plans. See the largest plans
Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Illinois. Compare plans
Local No. 731, I.B. of T., Pension Fund's sponsor-wide assets have grown 32.4% since 2022 across 3 plan years on file. More Administrative & Support Services 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 366513567.