Defined Benefit (Pension) · DOL Form 5500 · 2023

Board of Trustees Laborers Local 231 Pension Fund Pension Plan

Data updated 2026-08-11

$113M
Total assets: 426
Participants: 92nd
Percentile by assets: $264,541
Avg per participant

Official DOL plan name: Laborers Local 231 Pension Plan · Sponsored by Board of Trustees Laborers Local 231 Pension Fund · Illinois · Construction

$113M in assets, 426 participants

Board of Trustees Laborers Local 231 Pension Fund's Laborers Local 231 Pension Plan reported $113M in total assets and 426 participants in its 2023 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 127,072 plans)
#8,162 in Construction (9,030 peers)

Where Laborers Local 231 Pension Plan sits by assets

Laborers Local 231 Pension Plan sits in the top 10% of all filed plans by assets, $113M for 426 participants (~$264,541/participant), up 11.3% in 2023.

$113M
total plan assets (2023 EOY): 426
covered participants: 92nd
percentile by assets (of 127,072 plans): $264,541
avg assets per participant

Laborers Local 231 Pension Plan reported net income rose from -$11M in the plan year 2022 filing to $11M in the plan year 2023 filing.
Laborers Local 231 Pension Plan end-of-year assets rose from $101M in the plan year 2022 filing to $113M in the plan year 2023 filing.
Laborers Local 231 Pension Plan reported participants rose from 401 in the plan year 2022 filing to 426 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Illinois

Industry

Construction

Laborers Local 231 Pension Plan vs the 2023 asset distribution

By assets, Laborers Local 231 Pension Plan outranks 92% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 1.1x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)	$101M
Net Assets (End of Year)	$113M
Net Income	$11M
Employer EIN	376040563
Plan Effective Date	1963-05-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Board of Trustees Laborers Local 231 Pension Fund)

Total plan assets by year, all Board of Trustees Laborers Local 231 Pension Fund plans on file

Year	Plans	Participants	Total Assets
2022	1	401	$101M
2023	1	426	$113M
2024	1	455	$126M

Nearby Defined Benefit (Pension) Plans in Illinois

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

Laborers Local 231 Pension Plan vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants

Central States, Southeast & Southwest Areas Pension Plan $49.7B · 48,538
State Farm Insurance Companies Retirement Plan for United States Employees $35.2B · 45,001
United Food & Commercial Workers Intl Union - Industry Pension Fund $8.0B · 20,680
John Deere Pension Plan for Salaried Employees $8.0B · 16,346
Abbott Laboratories Annuity Retirement Plan $7.8B · 17,382

Compare Laborers Local 231 Pension Plan side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Laborers Local 231 Pension Plan by total assets, not by location.

Scotiabank Pension Plan (United States) () $113M · 147
Retirement Plan for Employees of Carmeuse Lime, Inc. and Subsidiaries (PA) $113M · 326
Pension Plan for the Employees of Caromont Health (NC) $113M · 658
Zoological Society of San Diego Restated Pension Plan for Non-Union Employees (CA) $113M · 606

Frequently Asked Questions

How did Laborers Local 231 Pension Plan assets move in 2023? ▼

Laborers Local 231 Pension Plan grew at a solid clip - up 11.3% during 2023, from $101M to $113M. Reported net income was $11M.

How have Board of Trustees Laborers Local 231 Pension Fund plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Board of Trustees Laborers Local 231 Pension Fund's sponsor-wide assets grew 24.2%, from $101M to $126M.

Where does Laborers Local 231 Pension Plan rank by assets among Form 5500 filers? ▼

Laborers Local 231 Pension Plan ranks in the 92nd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).

Which Defined Benefit (Pension) plans are similar in size to Laborers Local 231 Pension Plan? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is Scotiabank Pension Plan (United States) in ($113M, 147 participants).

Next read for Laborers Local 231 Pension Plan

Scale reading

Ways to act on Laborers Local 231 Pension Plan's numbers.

By total assets, Laborers Local 231 Pension Plan ranks in the top 10% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Illinois. Compare plans
Board of Trustees Laborers Local 231 Pension Fund's sponsor-wide assets have grown 24.2% since 2022 across 3 plan years on file. More Construction plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 376040563.