Defined Benefit (Pension) · DOL Form 5500 · 2022

Board of Trustees Local 60 Pension Fund Pension Plan

Data updated 2026-08-11

$259M
Total assets
1,044
Participants
96th
Percentile by assets
$248,532
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Westchester Heavy Construction Laborers Local 60 Pension Fund · Sponsored by Board of Trustees Local 60 Pension Fund · New York · Finance & Insurance

$259M in assets, 1,044 participants

Board of Trustees Local 60 Pension Fund's Westchester Heavy Construction Laborers Local 60 Pension Fund reported $259M in total assets and 1,044 participants in its 2022 DOL Form 5500 filing, ranking in the 96th 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.

  • 96th percentile by assets (of 139,126 plans)
  • #8,689 in Finance & Insurance (9,261 peers)

Where Westchester Heavy Construction Laborers Local 60 Pension Fund sits by assets

Westchester Heavy Construction Laborers Local 60 Pension Fund sits in the top 5% of all filed plans by assets, $259M for 1,044 participants (~$248,532/participant), down 15.0% in 2022.

$259M
total plan assets (2022 EOY)
1,044
covered participants
96th
percentile by assets (of 139,126 plans)
$248,532
avg assets per participant

The plan reported a net loss of $46M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State

Westchester Heavy Construction Laborers Local 60 Pension Fund vs the 2022 asset distribution

By assets, Westchester Heavy Construction Laborers Local 60 Pension Fund outranks 96% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 2.6x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$305M
Net Assets (End of Year)$259M
Net Income-$46M
Employer EIN131962287
Plan Effective Date1962-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees Local 60 Pension Fund)

$250M$300M$350M$400M 202220232024 $259M $342M ▲ +31.8%
Total plan assets by year, all Board of Trustees Local 60 Pension Fund plans on file
Year Plans Participants Total Assets
2022 1 1,044 $259M
2023 1 1,128 $300M
2024 1 1,051 $342M

Nearby Defined Benefit (Pension) Plans in New York

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

Westchester Heavy Construction Laborers Local 60 Pension Fund vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants

Westchester Heavy Construction Laborers Local 60 Pension Fund vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants Scatter plot of 6 data points. 05000100001500020000 -100102030 Total assets ($B) Participants Westchester Heavy Co…IBM Personal Pension…Consolidated Edison …Pepsico Employees Re…New York State Nurse…New York District Co…
Westchester Heavy Construction Laborers Local 60 Pension Fund vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Westchester Heavy Construction Laborers Local 60 Pension Fund by total assets, not by location.

Frequently Asked Questions

How did Westchester Heavy Construction Laborers Local 60 Pension Fund assets move in 2022?
Westchester Heavy Construction Laborers Local 60 Pension Fund pulled back noticeably - down 15.0% during 2022, from $305M to $259M. Reported net income was -$46M.
How have Board of Trustees Local 60 Pension Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees Local 60 Pension Fund's sponsor-wide assets grew 31.8%, from $259M to $342M.
Where does Westchester Heavy Construction Laborers Local 60 Pension Fund rank by assets among Form 5500 filers?
Westchester Heavy Construction Laborers Local 60 Pension Fund ranks in the 96th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Westchester Heavy Construction Laborers Local 60 Pension Fund?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Massey Energy Retirement Plan in TN ($259M, 1,211 participants).

Next read for Westchester Heavy Construction Laborers …

Scale reading

Ways to act on Westchester Heavy Construction Laborers Local 60 Pension Fund's numbers.

  • By total assets, Westchester Heavy Construction Laborers Local 60 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 New York. Compare plans
  • Board of Trustees Local 60 Pension Fund's sponsor-wide assets have grown 31.8% since 2022 across 3 plan years on file. More Finance & Insurance plans