Defined Benefit (Pension) · DOL Form 5500 · 2022
Board of Trustees Local 580 Pension Fund Pension Plan
Data updated 2026-08-25
- $766M
- Total assets Above avg plan size
- 1,826
- Participants Near avg headcount
- 99th
- Percentile by assets National rank
- $419,230
- Avg per participant High balance/head
Official DOL plan name: Local 580 Pension Fund · Sponsored by Board of Trustees Local 580 Pension Fund · New York · Construction
$766M in assets, 1,826 participants
Board of Trustees Local 580 Pension Fund's Local 580 Pension Fund reported $766M in total assets and 1,826 participants in its 2022 DOL Form 5500 filing, ranking in the 99th 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.
- #9,786 in Construction (9,927 peers)
Coverage in New York
Local 580 Pension Fund covers 1,826 participants in New York, 2.3x the typical New York plan (state average ~798 per filing). Assets: $766M.
- #9,786
- in Construction (9,927 peers)
- -9.5%
- assets change YoY
- 7.7×
- vs typical plan assets (national mean)
The plan reported a net loss of $93M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Local 580 Pension Fund's outsized position by total assets
Local 580 Pension Fund vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$765,514,392 Top 1% higher than 99% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Local 580 Pension Fund's large-plan peer group by participant headcount
Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Local 580 Pension Fund lands in the large band (1,826 participants).
Published 5500 schedule card
Filing strip 136178514 · Board of Trustees Local 580 Pension Fund PY 2022 · Defined Benefit (Pension)
Local 580 Pension Fund · $766M · 1,826 · 99th
- PART $766M
- TYPE 1,826
- NET 99th
- BOOK Defined Benefit (Pension)
- VS-ST near Retirement Plan of Tennessee Farmers Mutual Insura
- BOY ind #9786
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 →
Local 580 Pension Fund in the asset neighbourhood
New York filing particulars
| Total Assets (Beginning of Year) | $846M |
|---|---|
| Net Assets (End of Year) | $747M |
| Net Income | -$93M |
| Employer EIN | 136178514 |
| Plan Effective Date | 1954-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees Local 580 Pension Fund)
Sponsor-wide plan assets over time
All Board of Trustees Local 580 Pension Fund plans reported in each filing year
- Latest sponsor-wide plan assets
- $953M 24.439616283530306% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 1,826 | $766M |
| 2023 | 1 | 1,665 | $859M |
| 2024 | 1 | 1,516 | $953M |
Nearby Defined Benefit (Pension) Plans in New York
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- IBM Personal Pension Plan $25.5B · 16,431
- Consolidated Edison Retirement Plan $15.8B · 11,303
- Pepsico Employees Retirement Plan I $7.7B · 11,386
- New York State Nurses Association Pension Plan $5.0B · 18,592
- New York District Council of Carpenters Pension Pl $4.8B · 11,318
Local 580 Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside New York, the nearest Defined Benefit (Pension) by assets is Retirement Plan of Tennessee Farmers Mutual Insura in TN ($767M); by covered participants it is Thermo Fisher Scientific Inc. Retirement Plan in PA (1,823 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($766M here).
- Retirement Plan of Tennessee Farmers Mutual Insura (TN) $767M · 824
- Legacy Health Employees Retirement Plan (OR) $769M · 5,675
- The 2017 Employees' Pension Plan of Battelle Memorial Institute (OH) $769M · 1,221
- One Gas, Inc. Retirement Plan (OK) $769M · 840
Similar participant headcount
Nearest other-state filings by covered participants (1,826 participants); asset peers above are excluded.
- Thermo Fisher Scientific Inc. Retirement Plan (PA) 1,823 · 3 off
- Pension Plan of Justice Resource Institute, Inc. (MA) 1,833 · 7 off
- Ufcw Unions and Participating Employers Pension Plan (MD) 1,835 · 9 off
- Iron Workers St. Louis District Council Pension Trust (MO) 1,835 · 9 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.