- Seed Round
ITW Retirement Accumulation Plan is a single-employer defined benefit corporate pension based in Glenview, Illinois. Established in 1950, the pension plan provides retirees of a substantial portion of employees of Illinois Tool Works and its subsidiaries with a predetermined monthly retirement benefit upon reaching a specific age. The Northern Trust Company is the trustee of the plan under a master trust agreement with the company. The assets of the plan are managed by the executive management team.
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