Defined Benefit (Pension) · DOL Form 5500 · 2022

Board of Trustees of Laborers 785 Pension Plan Pension Plan

Data updated 2026-08-11

$95M
Total assets
403
Participants
92nd
Percentile by assets
$235,580
Avg per participant
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Official DOL plan name: Laborers Local 785 Pension Plan · Sponsored by Board of Trustees of Laborers 785 Pension Plan · New York · Construction

$95M in assets, 403 participants

Board of Trustees of Laborers 785 Pension Plan's Laborers Local 785 Pension Plan reported $95M in total assets and 403 participants in its 2022 DOL Form 5500 filing, ranking in the 92nd 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.

  • 92nd percentile by assets (of 139,126 plans)
  • #9,052 in Construction (9,927 peers)

Where Laborers Local 785 Pension Plan sits by assets

Laborers Local 785 Pension Plan sits in the top 10% of all filed plans by assets, $95M for 403 participants (~$235,580/participant), down 14.9% in 2022.

$95M
total plan assets (2022 EOY)
403
covered participants
92nd
percentile by assets (of 139,126 plans)
$235,580
avg assets per participant

The plan reported a net loss of $17M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Laborers Local 785 Pension Plan sits by total assets

Laborers Local 785 Pension Plan vs every filed plan by assets

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

$94,938,718 Top 8% higher than 92% of 139,123 filed plans

This plan $0 $2,010,000,000 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

State
Industry

Laborers Local 785 Pension Plan vs the 2022 asset distribution

By assets, Laborers Local 785 Pension Plan outranks 92% 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)$95M
Net Income-$17M
Employer EIN166062418
Plan Effective Date1964-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees of Laborers 785 Pension Plan)

$90M$100M$110M$120M 202220232024 $94.9M $118M ▲ +23.9%
Total plan assets by year, all Board of Trustees of Laborers 785 Pension Plan plans on file
Year Plans Participants Total Assets
2022 1 403 $95M
2023 1 432 $107M
2024 1 403 $118M

Nearby Defined Benefit (Pension) Plans in New York

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

Laborers Local 785 Pension Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -100102030 Total assets ($B) Participants Laborers Local 785 P…, Total assets ($B): 0.094938718 · Participants: 403Laborers Local 785 P…IBM Personal Pension…, Total assets ($B): 25.511753238 · Participants: 16431IBM Personal Pension…Consolidated Edison …, Total assets ($B): 15.815266303 · Participants: 11303Consolidated Edison …Pepsico Employees Re…, Total assets ($B): 7.656963 · Participants: 11386Pepsico Employees Re…New York State Nurse…, Total assets ($B): 5.019503014 · Participants: 18592New York State Nurse…New York District Co…, Total assets ($B): 4.837058087 · Participants: 11318New York District Co…
Laborers Local 785 Pension Plan 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 Laborers Local 785 Pension Plan by total assets, not by location.

Frequently Asked Questions

How did Laborers Local 785 Pension Plan assets move in 2022?
Laborers Local 785 Pension Plan pulled back noticeably - down 14.9% during 2022, from $112M to $95M. Reported net income was -$17M.
How have Board of Trustees of Laborers 785 Pension Plan plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees of Laborers 785 Pension Plan's sponsor-wide assets grew 23.9%, from $95M to $118M.
Where does Laborers Local 785 Pension Plan rank by assets among Form 5500 filers?
Laborers Local 785 Pension Plan ranks in the 92nd 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 785 Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Teck American Incorporated Retirement Plan in WA ($95M, 53 participants).

Next read for Laborers Local 785 Pension Plan

Scale reading

Ways to act on Laborers Local 785 Pension Plan's numbers.

  • By total assets, Laborers Local 785 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 New York. Compare plans
  • Board of Trustees of Laborers 785 Pension Plan's sponsor-wide assets have grown 23.9% since 2022 across 3 plan years on file. More Construction plans