Defined Benefit (Pension) · DOL Form 5500 · 2022
Board of Trustees Laborers Local 231 Pension Fund Pension Plan
Data updated 2026-08-11
- $101M
- Total assets
- 401
- Participants
- 93rd
- Percentile by assets
- $252,569
- Avg per participant
Official DOL plan name: Laborers Local 231 Pension Plan · Sponsored by Board of Trustees Laborers Local 231 Pension Fund · Illinois · Construction
$101M in assets, 401 participants
Board of Trustees Laborers Local 231 Pension Fund's Laborers Local 231 Pension Plan reported $101M in total assets and 401 participants in its 2022 DOL Form 5500 filing, ranking in the 93rd 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.
- 93rd percentile by assets (of 139,126 plans)
- #9,093 in Construction (9,927 peers)
Where Laborers Local 231 Pension Plan sits by assets
Laborers Local 231 Pension Plan sits in the top 10% of all filed plans by assets, $101M for 401 participants (~$252,569/participant), down 9.6% in 2022.
- $101M
- total plan assets (2022 EOY)
- 401
- covered participants
- 93rd
- percentile by assets (of 139,126 plans)
- $252,569
- avg assets per participant
The plan reported a net loss of $11M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Laborers Local 231 Pension Plan vs the 2022 asset distribution
By assets, Laborers Local 231 Pension Plan outranks 93% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 1.0x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $112M |
|---|---|
| Net Assets (End of Year) | $101M |
| Net Income | -$11M |
| Employer EIN | 376040563 |
| Plan Effective Date | 1963-05-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees Laborers Local 231 Pension Fund)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 401 | $101M |
| 2023 | 1 | 426 | $113M |
| 2024 | 1 | 455 | $126M |
Nearby Defined Benefit (Pension) Plans in Illinois
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Laborers Local 231 Pension Plan vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants
- Central States, Southeast & Southwest Areas Pension Plan $42.6B · 50,096
- State Farm Insurance Companies Retirement Plan for United States Employees $32.1B · 49,052
- United Food & Commercial Workers Intl Union - Industry Pension Fund $8.0B · 20,170
- John Deere Pension Plan for Salaried Employees $7.3B · N/A
- Abbott Laboratories Annuity Retirement Plan $6.8B · 16,809
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Laborers Local 231 Pension Plan by total assets, not by location.
- Plumbers & Pipefitters Local 104 Pension Plan (MA) $101M · 277
- Nra Employee Retirement Plan (VA) $101M · 128
- Scotiabank Pension Plan (United States) () $101M · 164
- The Rutland Hospital, Inc. Ret. Income Plan (VT) $101M · 240
Frequently Asked Questions
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How have Board of Trustees Laborers Local 231 Pension Fund plan assets changed over time? ▼
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Next read for Laborers Local 231 Pension Plan
Scale reading
Ways to act on Laborers Local 231 Pension Plan's numbers.
- By total assets, Laborers Local 231 Pension Plan ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Illinois. Compare plans
- Board of Trustees Laborers Local 231 Pension Fund's sponsor-wide assets have grown 24.2% since 2022 across 3 plan years on file. More Construction plans