Illinois › Transportation and warehousing › 1,000 to 4,999 participants
Form 5500 statement · plan year 1 Apr 2024 to 31 Mar 2025
Ctdu Partition Pension Fund
Sponsored by Ctdu Partition Pension Fund, Chicago, IL
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. Form 5500 contains no individual account balances. Look up the original filing at EFAST2.
Ctdu Partition Pension Fund of Chicago, Illinois sponsors Ctdu Partition Pension Fund, a defined benefit pension plan. Its Form 5500 for the plan year ending 31 Mar 2025 shows 1,155 participants and −$115M in net assets. It is a multiemployer plan, maintained under collective bargaining agreements with more than one employer.
Schedule C lists 4 service provider organisations paid $5,000 or more, with reported compensation of $72K: $62.01 per participant, well below the same-size median of $325. Administrative expenses charged to the plan were $256K. Schedule C does not capture every cost: fees netted from fund returns and fees the employer pays directly are outside it.
Across the filings on record, net assets went from $673K in 2022 to −$115M in 2024 (down 17169%), and participants from 1,328 to 1,155 (down 13%).
The independent accountant's opinion on the financial statements was unmodified (unqualified).
Compared with similar plans
| Measure | This plan | Same size | Same industry | All US DB plans |
|---|---|---|---|---|
| Net assets per participant | — | $87,935 | $94,853 | $86,221 |
| Employer contributions per active participant | — | $10,593 | $12,821 | $10,244 |
| Schedule C compensation per participant | $62.01 | $325 | $425 | $344 |
| Schedule C compensation, share of net assets | — | 0.41% | 0.43% | 0.42% |
| Administrative expenses per participant | $221 | $513 | $650 | $527 |
Peer columns are medians for plan year 2024 across defined benefit plans with 100 or more participants: 1,000 to 4,999 participants (1,540 plans), transportation and warehousing (227) and all US plans (5,308). Fee medians cover plans that report an amount.
Trend by plan year
| Plan year | Participants | Net assets | Per participant | Employer contributions | Participant contributions | Schedule C compensation |
|---|---|---|---|---|---|---|
| 2024 | 1,155 | −$115M | −$99,461 | — | — | $72K |
| 2023 | 1,227 | $620K | $505 | — | — | $64K |
| 2022 | 1,328 | $673K | $507 | — | — | $25K |
Years in which the plan filed the full Form 5500 with 100 or more participants, from 2009. Plan year is the year in which the plan year began.
Statement for the year
- Net assets, beginning of year−$106,414,124
- Employer contributions—
- Participant contributions—
- Rollovers and other contributions—
- Total contributions$0
- Total income, including investment results$202
- Benefits paid$3,727,057
- Administrative expenses$255,699
- Total expenses$8,463,402
- Net income−$8,463,200
- Net transfers$0
- Net assets, end of year−$114,877,324
Participants
- Active participants—
- Retired or separated, receiving benefits725
- Retired or separated, entitled to future benefits150
- Total participants, end of year1,155
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| Union Insurance Group | Insurance agents and brokers | $23,865 | $0 |
| The Segal Company | Actuarial | $21,769 | $0 |
| Unique Computing Solutions | Consulting (general) | $14,985 | $0 |
| Legacy Professionals LLP | Accounting (including auditing) | $11,000 | $0 |
Schedule C, Part I line 2: providers that received $5,000 or more, with the form's own service codes. Individuals named on Schedule C (plan employees, individual trustees) are never shown and their compensation is excluded. Eligible indirect compensation disclosed by formula carries no dollar amount. See how to read Schedule C fees.
Administrative expenses on Schedule H
- Other administrative expenses$109,666
- Salaries and allowances$108,118
- Actuarial fees$21,769
- IQPA audit fees$11,000
- Other trustee fees and expenses$4,976
- Legal fees$170
- Total administrative expenses$255,699
Investment structure
Assets at year end by Schedule H category. The form shows the kind of vehicle holding the money, not the funds on the menu.
- Cash (interest and non-interest bearing)$596K · 97.5%
- Receivables$15K · 2.5%
- Buildings and other property used in plan operation$17 · 0.0%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)No
- Accounting firmLegacy Professionals LLP
- Participant contributions reported as transmitted lateNo
- Covered by a fidelity bondYes, $500,000
- Blackout period during the yearNo
These are the plan administrator's own answers on Schedule H, Part IV. A reported late transmittal is the filer's disclosure of a timing lapse, usually corrected through the Department of Labor's voluntary program; the amount is the total involved, not a loss.
Plan characteristics
1HPlan covered by PBGC that was terminated and closed out for PBGC purposes
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 484110: General Freight Trucking, Local.
Similar plans in Illinois
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| Nippon Express U.S.A. Group Pension Plan | Nippon Express U.S.A., Inc. | 1,324 | $122M | $91,769 |
| Bessemer Non-Contributory Pension Plan | Bessemer & Lake Erie Railroad Company | 727 | $54.8M | $75,378 |
| Pension Plan for Employees of CN U.S. Subsidiaries | Grand Trunk Corporation | 1,325 | $72.7M | $54,849 |
| Great Lakes Coca-Cola Distribution Union Pension Plan | Reyes Holdings, L.L.C. | 686 | $24.1M | $35,158 |
| Sirva Employees Retirement Plan | Sirva Inc. | 1,702 | $87.2M | $51,217 |
| Retirement Plan for Employees of Transdev North America Phoenix | Transdev North America, Inc. | 590 | $44.4M | $75,271 |
Defined benefit plans in transportation and warehousing closest in size.
Questions and answers
How big is Ctdu Partition Pension Fund?
1,155 participants at the end of the plan year ending 31 Mar 2025, with net assets of −$114,877,324. Among defined benefit plans that places it in the 1,000 to 4,999 participants band, which held 1,540 plans in plan year 2024.
What does Ctdu Partition Pension Fund contribute per participant?
This filing has no Schedule H financial statement, so employer contributions are not reported here.
What fees does the plan pay and how do they compare?
Schedule C reports $71,619 in compensation to service provider organisations, $62.01 per participant. The same-size median among plans reporting any Schedule C compensation was $325 per participant. Administrative expenses on Schedule H were $255,699. Investment costs deducted inside mutual funds and other pooled vehicles are not itemised on Form 5500, so these figures are a floor rather than a full cost.
Who runs the plan?
The sponsor is Ctdu Partition Pension Fund. The financial statements were audited by Legacy Professionals LLP. Form 5500 also names the plan administrator's signer and other individuals; this site publishes organisations only.
Was the audit opinion unqualified?
The filing reports an unmodified (unqualified) opinion. Unmodified (formerly "unqualified") is the standard clean opinion.
How current is this, and does it show my balance?
This is the Form 5500 for the plan year 1 Apr 2024 to 31 Mar 2025, received by the Department of Labor on 5 Jan 2026. Filings are due seven months after the plan year ends, or nine and a half with an extension, so the public record always runs a year or more behind. It contains plan-level totals only: no individual balances, contributions or names of participants exist in the data.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files (Form 5500, Schedule H, Schedule C) for plan years 2009 to 2025, public domain, with filings received through 24 Aug 2026. This page shows the latest filing on record for EIN 27-6635486, plan 001, received 5 Jan 2026; an amended filing replaces it at the next build. Medians and percentiles are computed by this site; see the methodology. Report an error through corrections.