Defined Benefit (Pension) · DOL Form 5500 · 2022

Bd of Tr Derrickmens Pension Fund, Local 197 Pension Plan

Data updated 2026-08-25

$41M
Total assets Below avg plan size
140
Participants Small participant base
86th
Percentile by assets National rank
$292,711
Avg per participant High balance/head
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Official DOL plan name: Derrickmens Pension Fund, Local 197 · Sponsored by Bd of Tr Derrickmens Pension Fund, Local 197 · New York · Construction

$41M in assets, 140 participants

Bd of Tr Derrickmens Pension Fund, Local 197's Derrickmens Pension Fund, Local 197 reported $41M in total assets and 140 participants in its 2022 DOL Form 5500 filing, ranking in the 86th 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.

  • #8,398 in Construction (9,927 peers)

Coverage in New York

Derrickmens Pension Fund, Local 197 covers 140 participants in New York, about 18% of the average New York filer (state average ~798 per filing). Assets: $41M.

#8,398
in Construction (9,927 peers)
-16.8%
assets change YoY
0.4×
vs typical plan assets (national mean)

The plan reported a net loss of $8M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Derrickmens Pension Fund, Local 197's outsized position by total assets

Derrickmens Pension Fund, Local 197 vs every filed plan by assets

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

$40,979,541 Top 14% higher than 86% 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

Derrickmens Pension Fund, Local 197 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. Derrickmens Pension Fund, Local 197 sits mid-pack in the medium band (140 participants).

DOL schedule card

Filing strip 136121370 · Bd of Tr Derrickmens Pension Fund, Local 197 PY 2022 · Defined Benefit (Pension)

Derrickmens Pension Fund, Local 197 · $41M · 140 · 86th

  • IND $41M
  • IND 140
  • IND 86th
  • IND Defined Benefit (Pension)
  • IND near Plumbing and Pipefitting Industry Local 219 Pension Plan
  • IND ind #8398

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 New York →

Derrickmens Pension Fund, Local 197 in the asset neighbourhood

Enstar Natural Gas Company Retirement Plan for Operating and Clerical Unit EmployeesEnstar Natural Gas Company R…$41MUnited Construction Workers Pension FundUnited Construction Workers …$41MPlumbing and Pipefitting Industry Local 219 Pension PlanPlumbing and Pipefitting Ind…$41MDerrickmens Pension Fund, Local 197Derrickmens Pension Fund, Lo…$41MPension Plan for Classified Employees of Gasco, Inc.Pension Plan for Classified …$41M
End-of-year total assets ($M) among Derrickmens Pension Fund, Local 197 and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

New York filing particulars

Total Assets (Beginning of Year)$49M
Net Assets (End of Year)$41M
Net Income-$8M
Employer EIN136121370
Plan Effective Date1954-10-27
Filing StatusFILING RECEIVED

Sponsor Plan History (Bd of Tr Derrickmens Pension Fund, Local 197)

Sponsor-wide plan assets over time

All Bd of Tr Derrickmens Pension Fund, Local 197 plans reported in each filing year

Latest sponsor-wide plan assets
$54M 31.087778655207487% vs 2022
2024 filing year
$35M$40M$45M$50M$55M 202220232024 $41M $53.7M ▲ +31.1%
Year Plans Participants Total Assets
2022 1 140 $41M
2023 1 132 $48M
2024 1 107 $54M

Nearby Defined Benefit (Pension) Plans in New York

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

Derrickmens Pension Fund, Local 197 vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -100102030 Total assets ($B) Participants Derrickmens Pension Fund, Local 197, Total assets ($B): 0.040979541 · Participants: 140Derrickmens Pension Fund, Local 197IBM Personal Pension Plan, Total assets ($B): 25.511753238 · Participants: 16431IBM Personal Pension PlanConsolidated Edison Retirement Plan, Total assets ($B): 15.815266303 · Participants: 11303Consolidated Edison Retirement PlanPepsico Employees Retirement Plan I, Total assets ($B): 7.656963 · Participants: 11386Pepsico Employees Retirement Plan INew York State Nurses Association Pension Plan, Total assets ($B): 5.019503014 · Participants: 18592New York State Nurses Association Pension PlanNew York District Council of Carpenters Pension Pl, Total assets ($B): 4.837058087 · Participants: 11318New York District Council of Carpenters Pension Pl
Derrickmens Pension Fund, Local 197 vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants
Compare Derrickmens Pension Fund, Local 197 side-by-side with 3 peers →

Derrickmens Pension Fund, Local 197's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New York, the nearest Defined Benefit (Pension) by assets is Plumbing and Pipefitting Industry Local 219 Pension Plan in OH ($41M); by covered participants it is Sheet Metal Workers Local 218 (C) Pension Plan in MO (140 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (140 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 Derrickmens Pension Fund, Local 197 assets move in 2022? ▼
Derrickmens Pension Fund, Local 197 declined sharply - down 16.8% during 2022, from $49M to $41M. Reported net income was -$8M.
How have Bd of Tr Derrickmens Pension Fund, Local 197 plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Bd of Tr Derrickmens Pension Fund, Local 197's sponsor-wide assets grew 31.1%, from $41M to $54M.
Where does Derrickmens Pension Fund, Local 197 rank by assets among Form 5500 filers? ▼
Derrickmens Pension Fund, Local 197 ranks in the 86th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Derrickmens Pension Fund, Local 197? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Plumbing and Pipefitting Industry Local 219 Pension Plan in OH ($41M, 246 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Derrickmens Pension Fund, Local 197? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Sheet Metal Workers Local 218 (C) Pension Plan in MO (140 participants, $56M 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 136121370.

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.