Defined Benefit (Pension) · DOL Form 5500 · 2022

Bd Tees Asbestos Wrks L 24 Pen Fd Pension Plan

Data updated 2026-08-25

$90M
Total assets Below avg plan size
470
Participants Below avg headcount
92nd
Percentile by assets National rank
$192,268
Avg per participant Above avg balance/head
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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.

  • #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.

#9,023
in Construction (9,927 peers)
+6.1%
assets growth YoY
0.9×
vs typical plan assets (national mean)

Asbestos Workers L 24 Pen Fd Def Benefit Plan's outsized position by total assets

Asbestos Workers L 24 Pen Fd Def Benefit Plan vs every filed plan by assets

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

$90,365,939 Top 8% higher than 92% of 139,123 filed plans

This plan $0 $2,050,000,000 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

Asbestos Workers L 24 Pen Fd Def Benefit Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Asbestos Workers L 24 Pen Fd Def Benefit Plan sits mid-pack in the medium band (470 participants).

DOL schedule card

Filing strip 526117923 · Bd Tees Asbestos Wrks L 24 Pen Fd PY 2022 · Defined Benefit (Pension)

Asbestos Workers L 24 Pen Fd Def Benefit Plan · $90M · 470 · 92nd

  • SCH $90M
  • EBSA 470
  • PART 92nd
  • TYPE Defined Benefit (Pension)
  • NET near Teamsters Union Local 293 Pension Plan
  • BOOK ind #9023

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 Maryland →

Asbestos Workers L 24 Pen Fd Def Benefit Plan in the asset neighbourhood

Plumbers & Steamfitters Local 118 Pension PlanPlumbers & Steamfitters Loca…$90MAsbestos Workers L 24 Pen Fd Def Benefit PlanAsbestos Workers L 24 Pen Fd…$90MTeamsters Union Local 293 Pension PlanTeamsters Union Local 293 Pe…$90MGolden Valley Electric Association Retirement PlanGolden Valley Electric Assoc…$90MThe Newspaper Guild International Pension PlanThe Newspaper Guild Internat…$90M
End-of-year total assets ($M) among Asbestos Workers L 24 Pen Fd Def Benefit Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

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)

Sponsor-wide plan assets over time

All Bd Tees Asbestos Wrks L 24 Pen Fd plans reported in each filing year

Latest sponsor-wide plan assets
$136M 19.727415520428725% vs 2022
2024 filing year
$110M$120M$130M$140M 202220232024 $114M $136M ▲ +19.7%
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 Scatter plot of 6 data points. -200000200004000060000 -505101520 Total assets ($B) Participants Asbestos Workers L 24 Pen Fd Def Benefit Plan, Total assets ($B): 0.090365939 · Participants: 470Asbestos Workers L 24 Pen Fd Def Benefit PlanLockheed Martin Corporation Salaried Employee Retirement Program, Total assets ($B): 18.843533772 · Participants: 21647Lockheed Martin Corporation Salaried Employee Retirement ProgramNational Automatic Sprinkler Industry Pension Fund, Total assets ($B): 4.273549408 · Participants: 14916National Automatic Sprinkler Industry Pension FundMajor League Baseball Players Pension Plan, Total assets ($B): 4.247803775 · Participants: 1041Major League Baseball Players Pension PlanInternational Painters and Allied Trades Industry Pension Plan, Total assets ($B): 3.938448124 · Participants: 50952International Painters and Allied Trades Industry Pension PlanBert Bell/Pete Rozelle Nfl Player Retirement Plan, Total assets ($B): 3.67312584 · Participants: 2587Bert Bell/Pete Rozelle Nfl Player Retirement Plan
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's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Maryland, the nearest Defined Benefit (Pension) by assets is Teamsters Union Local 293 Pension Plan in OH ($90M); by covered participants it is Asbestos Workers Philadelphia Pension Fund in PA (471 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (470 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

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).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Asbestos Workers L 24 Pen Fd Def Benefit Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Asbestos Workers Philadelphia Pension Fund in PA (471 participants, $246M in assets).