Defined Benefit (Pension) · DOL Form 5500 · 2022

Local 670 Pension Fund Pension Plan

Data updated 2026-08-11

$70M
Total assets
1,390
Participants
91st
Percentile by assets
$50,231
Avg per participant
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Official DOL plan name: Local 670 Pension Plan · Sponsored by Local 670 Pension Fund · New York · Real Estate

$70M in assets, 1,390 participants

Local 670 Pension Fund's Local 670 Pension Plan reported $70M in total assets and 1,390 participants in its 2022 DOL Form 5500 filing, ranking in the 91st 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.

  • 91st percentile by assets (of 139,126 plans)
  • #4,911 in Real Estate (5,057 peers)

Where Local 670 Pension Plan sits by assets

Local 670 Pension Plan sits in the top 10% of all filed plans by assets, $70M for 1,390 participants (~$50,231/participant), down 20.3% in 2022.

$70M
total plan assets (2022 EOY)
1,390
covered participants
91st
percentile by assets (of 139,126 plans)
$50,231
avg assets per participant

The plan reported a net loss of $18M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Local 670 Pension Plan sits by total assets

Local 670 Pension Plan vs every filed plan by assets

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

$69,820,991 Top 9% higher than 91% 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

Local 670 Pension Plan vs the 2022 asset distribution

By assets, Local 670 Pension Plan outranks 91% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.7x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$88M
Net Assets (End of Year)$70M
Net Income-$18M
Employer EIN136567359
Plan Effective Date1967-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Local 670 Pension Fund)

$65M$70M$75M$80M$85M$90M 202220232024 $69.8M $84M ▲ +20.3%
Total plan assets by year, all Local 670 Pension Fund plans on file
Year Plans Participants Total Assets
2022 1 1,390 $70M
2023 1 1,402 $78M
2024 1 1,313 $84M

Nearby Defined Benefit (Pension) Plans in New York

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

Local 670 Pension Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants Scatter plot of 6 data points. 05000100001500020000 -100102030 Total assets ($B) Participants Local 670 Pension Plan, Total assets ($B): 0.069820991 · Participants: 1390Local 670 Pension PlanIBM 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…
Local 670 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 Local 670 Pension Plan by total assets, not by location.

Frequently Asked Questions

How did Local 670 Pension Plan assets move in 2022?
Local 670 Pension Plan declined sharply - down 20.3% during 2022, from $88M to $70M. Reported net income was -$18M.
How have Local 670 Pension Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Local 670 Pension Fund's sponsor-wide assets grew 20.3%, from $70M to $84M.
Where does Local 670 Pension Plan rank by assets among Form 5500 filers?
Local 670 Pension Plan ranks in the 91st 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 Local 670 Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Steptoe & Johnson LLP Cash Balance Pension Plan in DC ($70M, 129 participants).

Scale reading

Ways to act on Local 670 Pension Plan's numbers.

  • By total assets, Local 670 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
  • Local 670 Pension Fund's sponsor-wide assets have grown 20.3% since 2022 across 3 plan years on file. More Real Estate plans