Defined Benefit (Pension) · DOL Form 5500 · 2022

Board of Trustees of Minnesota Laborers Pension Fund Pension Plan

Data updated 2026-08-25

$2.7B
Total assets Very large vs avg
10,017
Participants Very large workforce
100th
Percentile by assets National rank
$268,665
Avg per participant High balance/head
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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.

  • #9,894 in Construction (9,927 peers)

Coverage in Minnesota

Minnesota Laborers Pension Fund covers 10,017 participants in Minnesota, 8.9x the typical Minnesota plan (state average ~1,126 per filing). Assets: $2.7B.

#9,894
in Construction (9,927 peers)
-9.8%
assets change YoY
27×
vs typical plan assets (national mean)

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.

Minnesota Laborers Pension Fund's outsized position by total assets

Minnesota Laborers Pension Fund vs every filed plan by assets

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

$2,691,213,757 Highest reported value at or above every one 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

Minnesota Laborers Pension Fund's mega-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Minnesota Laborers Pension Fund is a mega filing (10,017 participants), the rightmost band on the breakdown.

Published 5500 schedule card

Filing strip 416159599 · Board of Trustees of Minnesota Laborers Pension Fund PY 2022 · Defined Benefit (Pension)

Minnesota Laborers Pension Fund · $2.7B · 10,017 · 100th

  • PCT $2.7B
  • EIN 10,017
  • RANK 100th
  • PHOTO Defined Benefit (Pension)
  • IND near Corning Incorporated Pension Plan
  • EOY ind #9894

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 Minnesota →

Minnesota Laborers Pension Fund in the asset neighbourhood

Union Carbide Employees' Pension PlanUnion Carbide Employees' Pen…$2.7BMinnesota Laborers Pension FundMinnesota Laborers Pension F…$2.7BCorning Incorporated Pension PlanCorning Incorporated Pension…$2.7BFactory Mutual Insurance Company Pension PlanFactory Mutual Insurance Com…$2.7BLaborers District Council & Contractors Pension Fund of OhioLaborers District Council & …$2.6B
End-of-year total assets ($B) among Minnesota Laborers Pension Fund and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Minnesota filing particulars

Total Assets (Beginning of Year)$3.0B
Net Assets (End of Year)$2.7B
Net Income-$292M
Employer EIN416159599
Plan Effective Date1967-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees of Minnesota Laborers Pension Fund)

Sponsor-wide plan assets over time

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

Latest sponsor-wide plan assets
$3.2B 18.881923023701308% vs 2022
2024 filing year
$2.6B$2.8B$3B$3.2B$3.4B 202220232024 $2.69B $3.2B ▲ +19.0%
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 Scatter plot of 6 data points. 020000400006000080000 051015 Total assets ($B) Participants Minnesota Laborers Pension Fund, Total assets ($B): 2.691213757 · Participants: 10017Minnesota Laborers Pension Fund3M Employee Retirement Income Plan, Total assets ($B): 14.047885796 · Participants: 121603M Employee Retirement Income PlanMayo Pension Plan, Total assets ($B): 10.299849315 · Participants: 66434Mayo Pension PlanThe Travelers Pension Plan, Total assets ($B): 3.940696075 · Participants: 25144The Travelers Pension PlanU.S. Bank Pension Plan, Total assets ($B): 3.73901396 · Participants: 55836U.S. Bank Pension PlanTarget Corporation Pension Plan, Total assets ($B): 3.348662968 · Participants: 50515Target Corporation Pension Plan
Minnesota Laborers Pension Fund vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants

Scale composition for Minnesota Laborers Pension Fund

Minnesota Laborers Pension Fund reports $2.7B in end-of-year assets across 10,017 participants (0.022% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.011% of 93,925,755 covered participants) - about $268,665 per participant (1.9x 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's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Minnesota, the nearest Defined Benefit (Pension) by assets is Corning Incorporated Pension Plan in NY ($2.7B); by covered participants it is Ohio Carpenters' Pension Plan in MI (10,024 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($2.7B here).

Similar participant headcount

Nearest other-state filings by covered participants (10,017 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 Minnesota Laborers Pension Fund assets move in 2022? ▼
Minnesota Laborers Pension Fund pulled back noticeably - down 9.8% during 2022, from $3.0B to $2.7B. Reported net income was -$292M.
How have Board of Trustees of Minnesota Laborers Pension Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees of Minnesota Laborers Pension Fund's sponsor-wide assets grew 18.9%, from $2.7B to $3.2B.
Where does Minnesota Laborers Pension Fund rank by assets among Form 5500 filers? ▼
Minnesota Laborers Pension Fund ranks in the 100th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to Minnesota Laborers Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Corning Incorporated Pension Plan in NY ($2.7B, 16,541 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Minnesota Laborers Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Ohio Carpenters' Pension Plan in MI (10,024 participants, $2.1B in assets).