Defined Benefit (Pension) · DOL Form 5500 · 2022

Asbestos Workers Local 8 Retirement Trust Plan Pension Plan

Data updated 2026-08-11

$22M
Total assets
131
Participants
79th
Percentile by assets
$166,316
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Asbestos Workers Local 8 Retirement Trust Plan · Sponsored by Asbestos Workers Local 8 Retirement Trust Plan · Kentucky · Construction

$22M in assets, 131 participants

Asbestos Workers Local 8 Retirement Trust Plan's Asbestos Workers Local 8 Retirement Trust Plan reported $22M in total assets and 131 participants in its 2022 DOL Form 5500 filing, ranking in the 79th 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.

  • 79th percentile by assets (of 139,126 plans)
  • #7,729 in Construction (9,927 peers)

Coverage in Kentucky

Asbestos Workers Local 8 Retirement Trust Plan covers 131 participants in Kentucky, about 20% of the average Kentucky filer (state average ~647 per filing). Assets: $22M.

$22M
total plan assets (2022 EOY)
131
covered participants
79th
percentile by assets (of 139,126 plans)
$166,316
avg assets per participant

The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Asbestos Workers Local 8 Retirement Trust Plan sits by total assets

Asbestos Workers Local 8 Retirement Trust Plan vs every filed plan by assets

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

$21,787,364 Top 21% higher than 79% 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

Participants vs Kentucky filers

In Kentucky, the average filing covers about 647 participants across 1,300 plans. Asbestos Workers Local 8 Retirement Trust Plan reports 131 participants - about 20% of that state average ($22M EOY assets).

Kentucky filing particulars

Total Assets (Beginning of Year)$26M
Net Assets (End of Year)$22M
Net Income-$4M
Employer EIN316131266
Plan Effective Date1961-07-17
Filing StatusFILING RECEIVED

Sponsor Plan History (Asbestos Workers Local 8 Retirement Trust Plan)

$18M$19M$20M$21M$22M$23M 202220232024 $21.8M $18.6M ▼ -14.6%
Total plan assets by year, all Asbestos Workers Local 8 Retirement Trust Plan plans on file
Year Plans Participants Total Assets
2022 1 131 $22M
2023 1 135 $20M
2024 1 129 $19M

Nearby Defined Benefit (Pension) Plans in Kentucky

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

Asbestos Workers Local 8 Retirement Trust Plan vs. nearby Defined Benefit (Pension) plans in Kentucky, assets vs. participants Scatter plot of 6 data points. -1000010002000300040005000 -0.500.511.5 Total assets ($B) Participants Asbestos Workers Loc…, Total assets ($B): 0.021787364 · Participants: 131Asbestos Workers Loc…Lg&e and Ku Pension …, Total assets ($B): 1.114176604 · Participants: 983Lg&e and Ku Pension …Ashland Hercules Pen…, Total assets ($B): 0.945981 · Participants: 317Ashland Hercules Pen…Yum Brands Retiremen…, Total assets ($B): 0.753576 · Participants: 4539Yum Brands Retiremen…Brown-Forman Corpora…, Total assets ($B): 0.559607588 · Participants: 1262Brown-Forman Corpora…Ashland Hercules Pen…, Total assets ($B): 0.415049 · Participants: 285Ashland Hercules Pen…
Asbestos Workers Local 8 Retirement Trust Plan vs. nearby Defined Benefit (Pension) plans in Kentucky, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Asbestos Workers Local 8 Retirement Trust Plan by total assets, not by location.

Frequently Asked Questions

How did Asbestos Workers Local 8 Retirement Trust Plan assets move in 2022?
Asbestos Workers Local 8 Retirement Trust Plan declined sharply - down 15.4% during 2022, from $26M to $22M. Reported net income was -$4M.
How have Asbestos Workers Local 8 Retirement Trust Plan plan assets changed over time?
Across 3 plan years on file (2022-2024), Asbestos Workers Local 8 Retirement Trust Plan's sponsor-wide assets declined 14.6%, from $22M to $19M.
Where does Asbestos Workers Local 8 Retirement Trust Plan rank by assets among Form 5500 filers?
Asbestos Workers Local 8 Retirement Trust Plan ranks in the 79th 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 Asbestos Workers Local 8 Retirement Trust Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Sun Federal Credit Union Defined Benefit Plan and Trust in OH ($22M, 111 participants).

Next read for Asbestos Workers Local 8 Retirement Trus…

Filing takeaways

Ways to act on Asbestos Workers Local 8 Retirement Trust Plan's numbers.

  • By total assets, Asbestos Workers Local 8 Retirement Trust Plan ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Kentucky. Compare plans
  • Asbestos Workers Local 8 Retirement Trust Plan's sponsor-wide assets have declined 14.6% since 2022 across 3 plan years on file. More Construction plans