Defined Benefit (Pension) · DOL Form 5500 · 2022
Board of Trustees,Laborers Pension Trust Fund-Detroit and Vicinity Pension Plan
Data updated 2026-08-11
- $771M
- Total assets
- 4,205
- Participants
- 99th
- Percentile by assets
- $183,363
- Avg per participant
Official DOL plan name: Laborers Pension Trust Fund - Detroit and Vicinity · Sponsored by Board of Trustees,Laborers Pension Trust Fund-Detroit and Vicinity · Michigan · Construction
$771M in assets, 4,205 participants
Board of Trustees,Laborers Pension Trust Fund-Detroit and Vicinity's Laborers Pension Trust Fund - Detroit and Vicinity reported $771M in total assets and 4,205 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.
- 99th percentile by assets (of 139,126 plans)
- #9,788 in Construction (9,927 peers)
Coverage in Michigan
Laborers Pension Trust Fund - Detroit and Vicinity covers 4,205 participants in Michigan, 6.6x the typical Michigan plan (state average ~638 per filing). Assets: $771M.
- $771M
- total plan assets (2022 EOY)
- 4,205
- covered participants
- 99th
- percentile by assets (of 139,126 plans)
- $183,363
- avg assets per participant
The plan reported a net loss of $36M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs Michigan filers
In Michigan, the average filing covers about 638 participants across 4,220 plans. Laborers Pension Trust Fund - Detroit and Vicinity reports 4,205 participants - 6.6x that state average ($771M EOY assets).
Michigan filing particulars
| Total Assets (Beginning of Year) | $807M |
|---|---|
| Net Assets (End of Year) | $769M |
| Net Income | -$36M |
| Employer EIN | 516030973 |
| Plan Effective Date | 1958-07-09 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees,Laborers Pension Trust Fund-Detroit and Vicinity)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 4,205 | $771M |
| 2023 | 1 | 3,153 | $828M |
| 2024 | 1 | 3,016 | $886M |
Nearby Defined Benefit (Pension) Plans in Michigan
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Laborers Pension Trust Fund - Detroit and Vicinity vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants
- General Motors Hourly-Rate Employees Pension Plan $40.2B · 18,766
- Ford Motor Company UAW Retirement Plan $19.3B · 27,567
- Ford Motor Company General Retirement Plan $13.4B · 11,760
- Dow Employees' Pension Plan $13.0B · 13,759
- Fca US LLC UAW Pension Agreement $8.6B · 14,563
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Laborers Pension Trust Fund - Detroit and Vicinity by total assets, not by location.
- Suburban Teamsters of Northern Illinois Pension Plan (IL) $771M · 3,129
- One Gas, Inc. Retirement Plan (OK) $769M · 840
- The 2017 Employees' Pension Plan of Battelle Memorial Institute (OH) $769M · 1,221
- Legacy Health Employees Retirement Plan (OR) $769M · 5,675
Frequently Asked Questions
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Filing takeaways
Ways to act on Laborers Pension Trust Fund - Detroit and Vicinity's numbers.
- By total assets, Laborers Pension Trust Fund - Detroit and Vicinity 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 Michigan. Compare plans
- Board of Trustees,Laborers Pension Trust Fund-Detroit and Vicinity's sponsor-wide assets have grown 14.9% since 2022 across 3 plan years on file. More Construction plans