Defined Benefit (Pension) · DOL Form 5500 · 2022

Board of Trustees Laborers Local 231 Pension Fund Pension Plan

Data updated 2026-08-25

$101M
Total assets Near avg plan size
401
Participants Below avg headcount
93rd
Percentile by assets National rank
$252,569
Avg per participant Above avg balance/head
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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.

  • #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.

#9,093
in Construction (9,927 peers)
-9.6%
assets change YoY
1.0×
vs typical plan assets (national mean)

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's outsized position by total assets

Laborers Local 231 Pension Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$101,280,335 Top 7% higher than 93% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Laborers Local 231 Pension Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Laborers Local 231 Pension Plan sits mid-pack in the medium band (401 participants).

DOL schedule card

Filing strip 376040563 · Board of Trustees Laborers Local 231 Pension Fund PY 2022 · Defined Benefit (Pension)

Laborers Local 231 Pension Plan · $101M · 401 · 93rd

  • NET $101M
  • BOOK 401
  • VS-ST 93rd
  • BOY Defined Benefit (Pension)
  • SCH near Plumbers & Pipefitters Local 104 Pension Plan
  • EBSA ind #9093

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 Construction retirement plans → · Plans in Illinois →

Laborers Local 231 Pension Plan in the asset neighbourhood

Nra Employee Retirement Plan$101MLaborers Local 231 Pension PlanLaborers Local 231 Pension P…$101MPlumbers & Pipefitters Local 104 Pension PlanPlumbers & Pipefitters Local…$101MScotiabank Pension Plan (United States)Scotiabank Pension Plan (Uni…$101MThe Rutland Hospital, Inc. Ret. Income PlanThe Rutland Hospital, Inc. R…$101M
End-of-year total assets ($M) among Laborers Local 231 Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$112M
Net Assets (End of Year)$101M
Net Income-$11M
Employer EIN376040563
Plan Effective Date1963-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees Laborers Local 231 Pension Fund)

Sponsor-wide plan assets over time

All Board of Trustees Laborers Local 231 Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$126M 24.210361271020677% vs 2022
2024 filing year
$90M$100M$110M$120M$130M 202220232024 $101M $126M ▲ +24.2%
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 Scatter plot of 6 data points. -200000200004000060000 -1001020304050 Total assets ($B) Participants Laborers Local 231 Pension Plan, Total assets ($B): 0.101280335 · Participants: 401Laborers Local 231 Pension PlanCentral States, Southeast & Southwest Areas Pension Plan, Total assets ($B): 42.629770802 · Participants: 50096Central States, Southeast & Southwest Areas Pension PlanState Farm Insurance Companies Retirement Plan for United States Employees, Total assets ($B): 32.129102809 · Participants: 49052State Farm Insurance Companies Retirement Plan for United States EmployeesUnited Food & Commercial Workers Intl Union - Industry Pension Fund, Total assets ($B): 7.958716532 · Participants: 20170United Food & Commercial Workers Intl Union - Industry Pension FundJohn Deere Pension Plan for Salaried Employees, Total assets ($B): 7.304502684 · Participants: 0John Deere Pension Plan for Salaried EmployeesAbbott Laboratories Annuity Retirement Plan, Total assets ($B): 6.770339506 · Participants: 16809Abbott Laboratories Annuity Retirement Plan
Laborers Local 231 Pension Plan vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants
Compare Laborers Local 231 Pension Plan side-by-side with 3 peers →

Laborers Local 231 Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Illinois, the nearest Defined Benefit (Pension) by assets is Plumbers & Pipefitters Local 104 Pension Plan in MA ($101M); by covered participants it is Indiana Farm Bureau Retirement Plan in IN (401 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($101M here).

Similar participant headcount

Nearest other-state filings by covered participants (401 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Laborers Local 231 Pension Plan assets move in 2022? ▼
Laborers Local 231 Pension Plan pulled back noticeably - down 9.6% during 2022, from $112M to $101M. Reported net income was -$11M.
How have Board of Trustees Laborers Local 231 Pension Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees Laborers Local 231 Pension Fund's sponsor-wide assets grew 24.2%, from $101M to $126M.
Where does Laborers Local 231 Pension Plan rank by assets among Form 5500 filers? ▼
Laborers Local 231 Pension Plan ranks in the 93rd percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Laborers Local 231 Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Plumbers & Pipefitters Local 104 Pension Plan in MA ($101M, 277 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Laborers Local 231 Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Indiana Farm Bureau Retirement Plan in IN (401 participants, $233M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 376040563.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.