Defined Benefit (Pension) · DOL Form 5500 · 2023

Board of Trustees of United Pension Plan

Data updated 2026-08-25

$45M
Total assets Below avg plan size
148
Participants Small participant base
84th
Percentile by assets National rank
$303,426
Avg per participant High balance/head
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Official DOL plan name: United Construction Workers Pension Fund · Sponsored by Board of Trustees of United · Minnesota · Construction

$45M in assets, 148 participants

Board of Trustees of United's United Construction Workers Pension Fund reported $45M in total assets and 148 participants in its 2023 DOL Form 5500 filing, ranking in the 84th 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.

  • #7,431 in Construction (9,030 peers)

Coverage in Minnesota

United Construction Workers Pension Fund covers 148 participants in Minnesota, about 13% of the average Minnesota filer (state average ~1,126 per filing). Assets: $45M.

#7,431
in Construction (9,030 peers)
+9.4%
assets growth YoY
0.5×
vs typical plan assets (national mean)

United Construction Workers Pension Fund's outsized position by total assets

United Construction Workers Pension Fund vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$44,907,087 Top 16% higher than 84% of 127,068 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 2023

United Construction Workers Pension Fund among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. United Construction Workers Pension Fund sits mid-pack in the medium band (148 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • United Construction Workers Pension Fund reported net income rose from -$7M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • United Construction Workers Pension Fund reported participants fell from 164 in the plan year 2022 filing to 148 in the plan year 2023 filing.
  • United Construction Workers Pension Fund end-of-year assets rose from $41M in the plan year 2022 filing to $45M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 416175080 · Board of Trustees of United PY 2023 · Defined Benefit (Pension)

United Construction Workers Pension Fund · $45M · 148 · 84th

  • BOOK $45M
  • VS-ST 148
  • BOY 84th
  • SCH Defined Benefit (Pension)
  • EBSA near Foremost Farms USA Hourly Employees Pension Plan
  • PART ind #7431

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 Minnesota →

United Construction Workers Pension Fund in the asset neighbourhood

United Construction Workers Pension FundUnited Construction Workers …$45MForemost Farms USA Hourly Employees Pension PlanForemost Farms USA Hourly Em…$45MDynamics Research Corporation Defined Benefit Pension PlanDynamics Research Corporatio…$45MHydril Company Retirement PlanHydril Company Retirement Pl…$45MLumber Employees Local 786 Retirement FundLumber Employees Local 786 R…$45M
End-of-year total assets ($M) among United Construction Workers Pension Fund and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$41M
Net Assets (End of Year)$45M
Net Income$4M
Employer EIN416175080
Plan Effective Date1972-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees of United)

Sponsor-wide plan assets over time

All Board of Trustees of United plans reported in each filing year

Latest sponsor-wide plan assets
$49M 18.881175331358826% vs 2022
2024 filing year
$40M$45M$50M 202220232024 $41M $48.8M ▲ +18.9%
Year Plans Participants Total Assets
2022 1 164 $41M
2023 1 148 $45M
2024 1 147 $49M

Nearby Defined Benefit (Pension) Plans in Minnesota

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

United Construction Workers Pension Fund vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants United Construction Workers Pension Fund, Total assets ($B): 0.044907087 · Participants: 148United Construction Workers Pension Fund3M Employee Retirement Income Plan, Total assets ($B): 14.281991028 · Participants: 106383M Employee Retirement Income PlanMayo Pension Plan, Total assets ($B): 11.032936702 · Participants: 69155Mayo Pension PlanThe Travelers Pension Plan, Total assets ($B): 4.150985971 · Participants: 24884The Travelers Pension PlanGeneral Mills Pension Plan I, Total assets ($B): 3.991064596 · Participants: 383General Mills Pension Plan IU.S. Bank Pension Plan, Total assets ($B): 3.969502742 · Participants: 56287U.S. Bank Pension Plan
United Construction Workers Pension Fund vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants

United Construction Workers Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Minnesota, the nearest Defined Benefit (Pension) by assets is Foremost Farms USA Hourly Employees Pension Plan in WI ($45M); by covered participants it is Univest Financial Corporation Retirement Plan in PA (148 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (148 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did United Construction Workers Pension Fund assets move in 2023?
United Construction Workers Pension Fund grew at a solid clip - up 9.4% during 2023, from $41M to $45M. Reported net income was $4M.
How have Board of Trustees of United plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees of United's sponsor-wide assets grew 18.9%, from $41M to $49M.
Where does United Construction Workers Pension Fund rank by assets among Form 5500 filers?
United Construction Workers Pension Fund ranks in the 84th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to United Construction Workers Pension Fund?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Foremost Farms USA Hourly Employees Pension Plan in WI ($45M, 72 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to United Construction Workers Pension Fund?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Univest Financial Corporation Retirement Plan in PA (148 participants, $54M in assets).