Defined Benefit (Pension) · DOL Form 5500 · 2022

Metal Trades Branch Local 638 Pension Fund Pension Plan

Data updated 2026-08-11

$843M
Total assets
3,291
Participants
99th
Percentile by assets
$256,224
Avg per participant
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Official DOL plan name: Metal Trades Branch Local 638 Pension Fund · Sponsored by Metal Trades Branch Local 638 Pension Fund · New York · Construction

$843M in assets, 3,291 participants

Metal Trades Branch Local 638 Pension Fund's Metal Trades Branch Local 638 Pension Fund reported $843M in total assets and 3,291 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)
  • #9,797 in Construction (9,927 peers)

Coverage in New York

Metal Trades Branch Local 638 Pension Fund covers 3,291 participants in New York, 4.1x the typical New York plan (state average ~798 per filing). Assets: $843M.

$843M
total plan assets (2022 EOY)
3,291
covered participants
99th
percentile by assets (of 139,126 plans)
$256,224
avg assets per participant
State
Industry

Participants vs New York filers

In New York, the average filing covers about 798 participants across 9,061 plans. Metal Trades Branch Local 638 Pension Fund reports 3,291 participants - 4.1x that state average ($843M EOY assets).

New York filing particulars

Total Assets (Beginning of Year)$790M
Net Assets (End of Year)$841M
Net Income$53M
Employer EIN132541630
Plan Effective Date1965-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Metal Trades Branch Local 638 Pension Fund)

$0.8B$0.9B$1B$1.1B 202220232024 $0.84B $1.02B ▲ +21.4%
Total plan assets by year, all Metal Trades Branch Local 638 Pension Fund plans on file
Year Plans Participants Total Assets
2022 1 3,291 $843M
2023 1 3,267 $925M
2024 1 3,333 $1.0B

Nearby Defined Benefit (Pension) Plans in New York

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

Metal Trades Branch Local 638 Pension Fund vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants

Metal Trades Branch Local 638 Pension Fund vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants Scatter plot of 6 data points. 05000100001500020000 -100102030 Total assets ($B) Participants Metal Trades Branch …IBM Personal Pension…Consolidated Edison …Pepsico Employees Re…New York State Nurse…New York District Co…
Metal Trades Branch Local 638 Pension Fund vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Metal Trades Branch Local 638 Pension Fund by total assets, not by location.

Frequently Asked Questions

How did Metal Trades Branch Local 638 Pension Fund assets move in 2022?
Metal Trades Branch Local 638 Pension Fund grew at a solid clip - up 6.8% during 2022, from $790M to $843M. Reported net income was $53M.
How have Metal Trades Branch Local 638 Pension Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Metal Trades Branch Local 638 Pension Fund's sponsor-wide assets grew 21.2%, from $843M to $1.0B.
Where does Metal Trades Branch Local 638 Pension Fund rank by assets among Form 5500 filers?
Metal Trades Branch Local 638 Pension Fund ranks in the 99th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to Metal Trades Branch Local 638 Pension Fund?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Rio Tinto America Inc. Retirement Plan in UT ($843M, 1,747 participants).

Next read for Metal Trades Branch Local 638 Pension Fu…

Filing takeaways

Ways to act on Metal Trades Branch Local 638 Pension Fund's numbers.

  • By total assets, Metal Trades Branch Local 638 Pension Fund 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 New York. Compare plans
  • Metal Trades Branch Local 638 Pension Fund's sponsor-wide assets have grown 21.2% since 2022 across 3 plan years on file. More Construction plans