Defined Benefit (Pension) · DOL Form 5500 · 2024
Local No. 731, I.B. of T., Pension Fund Pension Plan
Data updated 2026-08-25
- $1.1B
- Total assets Very large vs avg
- 3,248
- Participants Above avg headcount
- 99th
- Percentile by assets National rank
- $338,411
- Avg per participant High balance/head
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.
- #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.
- #4,344
- in Administrative & Support Services (4,368 peers)
- +11.5%
- assets growth YoY
- 11×
- vs typical plan assets (national mean)
Local No. 731, I.B. of T., Pension Fund's outsized position by total assets
Local No. 731, I.B. of T., Pension Fund vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$1,099,159,495 Top 1% higher than 99% 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. 731, I.B. of T., Pension 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. 731, I.B. of T., Pension Fund lands in the large band (3,248 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- 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.
Plan-year Form 5500 strip
Filing strip 366513567 · Local No. 731, I.B. of T., Pension Fund PY 2024 · Defined Benefit (Pension)
Local No. 731, I.B. of T., Pension Fund · $1.1B · 3,248 · 99th
- PHOTO $1.1B
- IND 3,248
- EOY 99th
- 5500 Defined Benefit (Pension)
- ASSETS near American Express Retirement Plan
- PCT ind #4344
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. 731, I.B. of T., Pension Fund in the asset neighbourhood
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)
Sponsor-wide plan assets over time
All Local No. 731, I.B. of T., Pension Fund plans reported in each filing year
- Latest sponsor-wide plan assets
- $1.1B 32.43773931725926% vs 2022
- 2024 filing year
| 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.
- 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. 731, I.B. of T., Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Illinois, the nearest Defined Benefit (Pension) by assets is American Express Retirement Plan in NY ($1.1B); by covered participants it is Service Employees Pension Fund of Upstate Ny Upstate New York in NY (3,247 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($1.1B here).
- 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
Similar participant headcount
Nearest other-state filings by covered participants (3,248 participants); asset peers above are excluded.
- Service Employees Pension Fund of Upstate Ny Upstate New York (NY) 3,247 · 1 off
- Minneapolis Retail Meat Cutters and Food Handlers Variable Annuity Pension Plan (MN) 3,247 · 1 off
- Iron Workers District Council of So Oh & Vicinity Pension Trust (OH) 3,250 · 2 off
- IBEW Local 1249 Pension Plan (NY) 3,243 · 5 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.