Defined Benefit (Pension) · DOL Form 5500 · 2022

Board of Trustees Local 1298 Pension Fund Pension Plan

Data updated 2026-08-25

$385M
Total assets Above avg plan size
1,218
Participants Near avg headcount
97th
Percentile by assets National rank
$315,907
Avg per participant High balance/head
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Official DOL plan name: Laborers Local 1298 of Nassau & Suffolk Counties Pension Fund · Sponsored by Board of Trustees Local 1298 Pension Fund · New York · Construction

$385M in assets, 1,218 participants

Board of Trustees Local 1298 Pension Fund's Laborers Local 1298 of Nassau & Suffolk Counties Pension Fund reported $385M in total assets and 1,218 participants in its 2022 DOL Form 5500 filing, ranking in the 97th 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.

  • #9,632 in Construction (9,927 peers)

Where Laborers Local 1298 of Nassau & Suffolk Counties Pension Fund sits by assets

Laborers Local 1298 of Nassau & Suffolk Counties Pension Fund sits in the top 5% of all filed plans by assets, $385M for 1,218 participants (~$315,907/participant), up 10.5% in 2022.

#9,632
in Construction (9,927 peers)
+10.5%
assets growth YoY
3.9×
vs typical plan assets (national mean)

Laborers Local 1298 of Nassau & Suffolk Counties Pension Fund's outsized position by total assets

Laborers Local 1298 of Nassau & Suffolk Counties Pension Fund vs every filed plan by assets

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

$384,774,941 Top 3% higher than 97% 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

Laborers Local 1298 of Nassau & Suffolk Counties Pension Fund's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Laborers Local 1298 of Nassau & Suffolk Counties Pension Fund lands in the large band (1,218 participants).

Form 5500 schedule snapshot

Filing strip 111970385 · Board of Trustees Local 1298 Pension Fund PY 2022 · Defined Benefit (Pension)

Laborers Local 1298 of Nassau & Suffolk Counties Pension Fund · $385M · 1,218 · 97th

  • TYPE $385M
  • NET 1,218
  • BOOK 97th
  • VS-ST Defined Benefit (Pension)
  • BOY near Atlanta Plumbers & Steamfitters Pension Fund
  • SCH ind #9632

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 New York →

Laborers Local 1298 of Nassau & Suffolk Counties Pension Fund in the asset neighbourhood

Abbvie Puerto Rico Pension PlanAbbvie Puerto Rico Pension P…$386MNational Renewable Energy Laboratory Shared Security Pension PlanNational Renewable Energy La…$385MTegna Retirement Plan$385MLaborers Local 1298 of Nassau & Suffolk Counties Pension FundLaborers Local 1298 of Nassa…$385MAtlanta Plumbers & Steamfitters Pension FundAtlanta Plumbers & Steamfitt…$385M
End-of-year total assets ($M) among Laborers Local 1298 of Nassau & Suffolk Counties Pension Fund and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$348M
Net Assets (End of Year)$382M
Net Income$36M
Employer EIN111970385
Plan Effective Date1961-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees Local 1298 Pension Fund)

Sponsor-wide plan assets over time

All Board of Trustees Local 1298 Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$479M 24.507232657856477% vs 2022
2024 filing year
$350M$400M$450M$500M 202220232024 $385M $479M ▲ +24.5%
Year Plans Participants Total Assets
2022 1 1,218 $385M
2023 1 1,184 $434M
2024 1 1,218 $479M

Nearby Defined Benefit (Pension) Plans in New York

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

Laborers Local 1298 of Nassau & Suffolk Counties Pension Fund vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants Scatter plot of 6 data points. 05000100001500020000 -100102030 Total assets ($B) Participants Laborers Local 1298 of Nassau & Suffolk Counties Pension Fund, Total assets ($B): 0.384774941 · Participants: 1218Laborers Local 1298 of Nassau & Suffolk Counties Pension FundIBM Personal Pension Plan, Total assets ($B): 25.511753238 · Participants: 16431IBM Personal Pension PlanConsolidated Edison Retirement Plan, Total assets ($B): 15.815266303 · Participants: 11303Consolidated Edison Retirement PlanPepsico Employees Retirement Plan I, Total assets ($B): 7.656963 · Participants: 11386Pepsico Employees Retirement Plan INew York State Nurses Association Pension Plan, Total assets ($B): 5.019503014 · Participants: 18592New York State Nurses Association Pension PlanNew York District Council of Carpenters Pension Pl, Total assets ($B): 4.837058087 · Participants: 11318New York District Council of Carpenters Pension Pl
Laborers Local 1298 of Nassau & Suffolk Counties Pension Fund vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants
Compare Laborers Local 1298 of Nassau & Suffolk Counties Pension Fund side-by-side with 3 peers →

Laborers Local 1298 of Nassau & Suffolk Counties Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New York, the nearest Defined Benefit (Pension) by assets is Atlanta Plumbers & Steamfitters Pension Fund in FL ($385M); by covered participants it is Local Union 212 IBEW Pension Trust Fund in OH (1,218 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($385M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,218 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 Laborers Local 1298 of Nassau & Suffolk Counties Pension Fund assets move in 2022? ▼
Laborers Local 1298 of Nassau & Suffolk Counties Pension Fund grew at a solid clip - up 10.5% during 2022, from $348M to $385M. Reported net income was $36M.
How have Board of Trustees Local 1298 Pension Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees Local 1298 Pension Fund's sponsor-wide assets grew 24.5%, from $385M to $479M.
Where does Laborers Local 1298 of Nassau & Suffolk Counties Pension Fund rank by assets among Form 5500 filers? ▼
Laborers Local 1298 of Nassau & Suffolk Counties Pension Fund ranks in the 97th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Laborers Local 1298 of Nassau & Suffolk Counties Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Atlanta Plumbers & Steamfitters Pension Fund in FL ($385M, 2,256 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Laborers Local 1298 of Nassau & Suffolk Counties Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Local Union 212 IBEW Pension Trust Fund in OH (1,218 participants, $266M in assets).

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 111970385.

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.