Defined Benefit (Pension) · DOL Form 5500 · 2022

Board of Trustees Local 422 Pension Trust Fund Pension Plan

Data updated 2026-08-11

$16M
Total assets
N/A
Participants
74th
Percentile by assets
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Official DOL plan name: Local 422 Pension Trust Fund · Sponsored by Board of Trustees Local 422 Pension Trust Fund · Ohio · Wholesale Trade

$16M in assets, N/A participants

Board of Trustees Local 422 Pension Trust Fund's Local 422 Pension Trust Fund reported $16M in total assets and N/A participants in its 2022 DOL Form 5500 filing, ranking in the 74th 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.

  • 74th percentile by assets (of 139,126 plans)
  • #4,815 in Wholesale Trade (6,843 peers)

2022 asset change

Local 422 Pension Trust Fund declined sharply 26.3% in 2022 ($22M → $16M) for N/A participants.

$16M
total plan assets (2022 EOY)
N/A
covered participants
74th
percentile by assets (of 139,126 plans)
-26.3%
assets change YoY

The plan reported a net loss of $6M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

2022 asset move for Local 422 Pension Trust Fund

Year over year, total assets declined sharply from $22M at the start of 2022 to $16M at year-end (down 26.3%). Net assets closed at $16M; reported net income -$6M.

Board of Trustees Local 422 Pension Trust Fund years around the 2022 move

$15M$15.5M$16M$16.5M 202220232024 $16.3M $15.5M ▼ -5.0%
Total plan assets by year, all Board of Trustees Local 422 Pension Trust Fund plans on file
Year Plans Participants Total Assets
2022 1 N/A $16M
2023 1 N/A $16M
2024 1 N/A $15M

2022 asset-move particulars

Total Assets (Beginning of Year)$22M
Net Assets (End of Year)$16M
Net Income-$6M
Employer EIN341907614
Plan Effective Date1967-11-01
Filing StatusFILING RECEIVED

Nearby Defined Benefit (Pension) Plans in Ohio

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

Local 422 Pension Trust Fund vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants

Local 422 Pension Trust Fund vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 -202468 Total assets ($B) Participants Local 422 Pension Tr…Firstenergy Corp. Ma…Nationwide Retiremen…American Electric Po…Ohio Operating Engin…Laborers District Co…
Local 422 Pension Trust Fund vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Local 422 Pension Trust Fund by total assets, not by location.

Frequently Asked Questions

How did Local 422 Pension Trust Fund assets move in 2022?
Local 422 Pension Trust Fund declined sharply - down 26.3% during 2022, from $22M to $16M. Reported net income was -$6M.
How have Board of Trustees Local 422 Pension Trust Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees Local 422 Pension Trust Fund's sponsor-wide assets declined 5.0%, from $16M to $15M.
Which Defined Benefit (Pension) plans are similar in size to Local 422 Pension Trust Fund?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Ltmi Defined Benefit Plan in TX ($16M, 152 participants).

Next read for Local 422 Pension Trust Fund

2022 change

Ways to act on Local 422 Pension Trust Fund's numbers.

  • By total assets, Local 422 Pension Trust Fund ranks above the median plan by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Ohio. Compare plans
  • Board of Trustees Local 422 Pension Trust Fund's sponsor-wide assets have declined 5.0% since 2022 across 3 plan years on file. More Wholesale Trade plans