Defined Benefit (Pension) · DOL Form 5500 · 2022

Bd Tees Asbestos Wrks L 24 Pen Fd Pension Plan

Data updated 2026-08-11

$90M
Total assets
470
Participants
92nd
Percentile by assets
$192,268
Avg per participant
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Official DOL plan name: Asbestos Workers L 24 Pen Fd Def Benefit Plan · Sponsored by Bd Tees Asbestos Wrks L 24 Pen Fd · Maryland · Construction

$90M in assets, 470 participants

Bd Tees Asbestos Wrks L 24 Pen Fd's Asbestos Workers L 24 Pen Fd Def Benefit Plan reported $90M in total assets and 470 participants in its 2022 DOL Form 5500 filing, ranking in the 92nd 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.

  • 92nd percentile by assets (of 139,126 plans)
  • #9,023 in Construction (9,927 peers)

Where Asbestos Workers L 24 Pen Fd Def Benefit Plan sits by assets

Asbestos Workers L 24 Pen Fd Def Benefit Plan sits in the top 10% of all filed plans by assets, $90M for 470 participants (~$192,268/participant), up 6.1% in 2022.

$90M
total plan assets (2022 EOY)
470
covered participants
92nd
percentile by assets (of 139,126 plans)
$192,268
avg assets per participant
State
Industry

Asbestos Workers L 24 Pen Fd Def Benefit Plan vs the 2022 asset distribution

By assets, Asbestos Workers L 24 Pen Fd Def Benefit Plan outranks 92% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.9x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$85M
Net Assets (End of Year)$90M
Net Income$5M
Employer EIN526117923
Plan Effective Date1958-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Bd Tees Asbestos Wrks L 24 Pen Fd)

$110M$120M$130M$140M 202220232024 $114M $136M â–˛ +19.7%
Total plan assets by year, all Bd Tees Asbestos Wrks L 24 Pen Fd plans on file
Year Plans Participants Total Assets
2022 2 2,411 $114M
2023 2 2,351 $123M
2024 2 2,204 $136M

Nearby Defined Benefit (Pension) Plans in Maryland

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

Asbestos Workers L 24 Pen Fd Def Benefit Plan vs. nearby Defined Benefit (Pension) plans in Maryland, assets vs. participants

Asbestos Workers L 24 Pen Fd Def Benefit Plan vs. nearby Defined Benefit (Pension) plans in Maryland, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -505101520 Total assets ($B) Participants Asbestos Workers L 2…Lockheed Martin Corp…National Automatic S…Major League Basebal…International Painte…Bert Bell/Pete Rozel…
Asbestos Workers L 24 Pen Fd Def Benefit Plan vs. nearby Defined Benefit (Pension) plans in Maryland, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Asbestos Workers L 24 Pen Fd Def Benefit Plan by total assets, not by location.

Frequently Asked Questions

How did Asbestos Workers L 24 Pen Fd Def Benefit Plan assets move in 2022?
Asbestos Workers L 24 Pen Fd Def Benefit Plan grew at a solid clip - up 6.1% during 2022, from $85M to $90M. Reported net income was $5M.
How have Bd Tees Asbestos Wrks L 24 Pen Fd plan assets changed over time?
Across 3 plan years on file (2022-2024), Bd Tees Asbestos Wrks L 24 Pen Fd's sponsor-wide assets grew 19.7%, from $114M to $136M.
Where does Asbestos Workers L 24 Pen Fd Def Benefit Plan rank by assets among Form 5500 filers?
Asbestos Workers L 24 Pen Fd Def Benefit Plan ranks in the 92nd 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 Asbestos Workers L 24 Pen Fd Def Benefit Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Teamsters Union Local 293 Pension Plan in OH ($90M, N/A participants).

Next read for Asbestos Workers L 24 Pen Fd Def Benefit…

Scale reading

Ways to act on Asbestos Workers L 24 Pen Fd Def Benefit Plan's numbers.