Defined Benefit (Pension) · DOL Form 5500 · 2022
Board of Trustees of Minnesota Laborers Pension Fund Pension Plan
Data updated 2026-08-06
- $2.7B
- Total assets
- 10,017
- Participants
- 100th
- Percentile by assets
- $268,665
- Avg per participant
Official DOL plan name: Minnesota Laborers Pension Fund · Sponsored by Board of Trustees of Minnesota Laborers Pension Fund · Minnesota · Construction
$2.7B in assets, 10,017 participants
Board of Trustees of Minnesota Laborers Pension Fund's Minnesota Laborers Pension Fund reported $2.7B in total assets and 10,017 participants in its 2022 DOL Form 5500 filing, ranking in the 100th 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.
- 100th percentile by assets (of 139,258 plans)
- #9,905 in Construction (9,938 peers)
Coverage in Minnesota
Minnesota Laborers Pension Fund covers 10,017 participants in Minnesota, 8.6x the typical Minnesota plan (state average ~1,161 per filing). Assets: $2.7B.
- $2.7B
- total plan assets (2022 EOY)
- 10,017
- covered participants
- 100th
- percentile by assets (of 139,258 plans)
- $268,665
- avg assets per participant
The plan reported a net loss of $292M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs Minnesota filers
In Minnesota, the average filing covers about 1,161 participants across 2,725 plans. Minnesota Laborers Pension Fund reports 10,017 participants - 8.6x that state average ($2.7B EOY assets).
Minnesota filing particulars
| Total Assets (Beginning of Year) | $3.0B |
|---|---|
| Net Assets (End of Year) | $2.7B |
| Net Income | -$292M |
| Employer EIN | 416159599 |
| Plan Effective Date | 1967-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees of Minnesota Laborers Pension Fund)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 10,017 | $2.7B |
| 2023 | 1 | 10,029 | $3.0B |
| 2024 | 1 | 10,089 | $3.2B |
Nearby Defined Benefit (Pension) Plans in Minnesota
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Minnesota Laborers Pension Fund vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants
- 3M Employee Retirement Income Plan $14.0B · 12,160
- Mayo Pension Plan $10.3B · 66,434
- The Travelers Pension Plan $3.9B · 25,144
- U.S. Bank Pension Plan $3.7B · 55,836
- Target Corporation Pension Plan $3.3B · 50,515
Scale composition for Minnesota Laborers Pension Fund
Minnesota Laborers Pension Fund reports $2.7B in end-of-year assets across 10,017 participants (0.023% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.011% of 89,805,449 covered participants) - about $268,665 per participant (2.0x the national average assets-per-participant) . Net income for plan year 2022 was -$292M.
This plan identity (EIN 416159599, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $2.7B to $3.2B (+18.9%) while covered participants moved from 10,017 to 10,089 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 10,017 | $2.7B | This page |
| 2023 | 10,029 | $3.0B | Open filing |
| 2024 · index core | 10,089 | $3.2B | Open filing |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Minnesota Laborers Pension Fund (Defined Benefit (Pension), $3.2B, 10,089 participants)
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Minnesota Laborers Pension Fund by total assets, not by location.
- Corning Incorporated Pension Plan (NY) $2.7B · 16,541
- Union Carbide Employees' Pension Plan (MI) $2.7B · 1,772
- Factory Mutual Insurance Company Pension Plan (RI) $2.7B · 3,598
- Laborers District Council & Contractors Pension Fund of Ohio (OH) $2.6B · 13,583
Frequently Asked Questions
How did Minnesota Laborers Pension Fund assets move in 2022? ▼
How have Board of Trustees of Minnesota Laborers Pension Fund plan assets changed over time? ▼
Where does Minnesota Laborers Pension Fund rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Minnesota Laborers Pension Fund? ▼
Next read for Minnesota Laborers Pension Fund
Filing takeaways
Ways to act on Minnesota Laborers Pension Fund's numbers.
- By total assets, Minnesota Laborers Pension Fund ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Minnesota. Compare plans
- Board of Trustees of Minnesota Laborers Pension Fund's sponsor-wide assets have grown 18.9% since 2022 across 3 plan years on file. More Construction plans