Defined Benefit (Pension) · DOL Form 5500 · 2022

Board of Trustees of Industry and Local 338 Pension Fund Pension Plan

Data updated 2026-08-11

$96M
Total assets
215
Participants
93rd
Percentile by assets
$447,899
Avg per participant
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Official DOL plan name: Industry and Local 338 Pension Fund · Sponsored by Board of Trustees of Industry and Local 338 Pension Fund · Maryland · Manufacturing

$96M in assets, 215 participants

Board of Trustees of Industry and Local 338 Pension Fund's Industry and Local 338 Pension Fund reported $96M in total assets and 215 participants in its 2022 DOL Form 5500 filing, ranking in the 93rd 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.

  • 93rd percentile by assets (of 139,126 plans)
  • #18,250 in Manufacturing (20,602 peers)

Coverage in Maryland

Industry and Local 338 Pension Fund covers 215 participants in Maryland, about 23% of the average Maryland filer (state average ~929 per filing). Assets: $96M.

$96M
total plan assets (2022 EOY)
215
covered participants
93rd
percentile by assets (of 139,126 plans)
$447,899
avg assets per participant

Where Industry and Local 338 Pension Fund sits by total assets

Industry and Local 338 Pension Fund vs every filed plan by assets

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

$96,298,311 Top 7% higher than 93% 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
Maryland
Industry
Manufacturing

Participants vs Maryland filers

In Maryland, the average filing covers about 929 participants across 2,484 plans. Industry and Local 338 Pension Fund reports 215 participants - about 23% of that state average ($96M EOY assets).

Maryland filing particulars

Total Assets (Beginning of Year)$94M
Net Assets (End of Year)$96M
Net Income$3M
Employer EIN516126649
Plan Effective Date1950-06-26
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees of Industry and Local 338 Pension Fund)

$90M$95M$100M$105M$110M$115M 202220232024 $96.3M $110M ▲ +13.7%
Total plan assets by year, all Board of Trustees of Industry and Local 338 Pension Fund plans on file
Year Plans Participants Total Assets
2022 1 215 $96M
2023 1 232 $102M
2024 1 232 $110M

Nearby Defined Benefit (Pension) Plans in Maryland

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

Industry and Local 338 Pension Fund vs. nearby Defined Benefit (Pension) plans in Maryland, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -505101520 Total assets ($B) Participants Industry and Local 3…, Total assets ($B): 0.096298311 · Participants: 215Industry and Local 3…Lockheed Martin Corp…, Total assets ($B): 18.843533772 · Participants: 21647Lockheed Martin Corp…National Automatic S…, Total assets ($B): 4.273549408 · Participants: 14916National Automatic S…Major League Basebal…, Total assets ($B): 4.247803775 · Participants: 1041Major League Basebal…International Painte…, Total assets ($B): 3.938448124 · Participants: 50952International Painte…Bert Bell/Pete Rozel…, Total assets ($B): 3.67312584 · Participants: 2587Bert Bell/Pete Rozel…
Industry and Local 338 Pension Fund vs. nearby Defined Benefit (Pension) plans in Maryland, assets vs. participants
Compare Industry and Local 338 Pension Fund side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Industry and Local 338 Pension Fund by total assets, not by location.

Frequently Asked Questions

How did Industry and Local 338 Pension Fund assets move in 2022? ▼
Industry and Local 338 Pension Fund edged up modestly - up 2.9% during 2022, from $94M to $96M. Reported net income was $3M.
How have Board of Trustees of Industry and Local 338 Pension Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees of Industry and Local 338 Pension Fund's sponsor-wide assets grew 13.7%, from $96M to $110M.
Where does Industry and Local 338 Pension Fund rank by assets among Form 5500 filers? ▼
Industry and Local 338 Pension Fund ranks in the 93rd 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 Industry and Local 338 Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Weil, Gotshal & Manges Partners' Variable Annuity Plan in NY ($96M, 177 participants).

Next read for Industry and Local 338 Pension Fund

Filing takeaways

Ways to act on Industry and Local 338 Pension Fund's numbers.

  • By total assets, Industry and Local 338 Pension Fund 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 Maryland. Compare plans
  • Board of Trustees of Industry and Local 338 Pension Fund's sponsor-wide assets have grown 13.7% since 2022 across 3 plan years on file. More Manufacturing plans

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 516126649.

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.