Defined Benefit (Pension) · DOL Form 5500 · 2023

Board of Trustees Laborers Local 231 Pension Fund Pension Plan

Data updated 2026-08-25

$113M
Total assets Near avg plan size
426
Participants Below avg headcount
92nd
Percentile by assets National rank
$264,541
Avg per participant High balance/head
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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.

  • #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.

#8,162
in Construction (9,030 peers)
+11.3%
assets growth YoY
1.1×
vs typical plan assets (national mean)

Laborers Local 231 Pension Plan's outsized position by total assets

Laborers Local 231 Pension Plan vs every filed plan by assets

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

$112,694,324 Top 8% higher than 92% 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

Laborers Local 231 Pension Plan 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. Laborers Local 231 Pension Plan sits mid-pack in the medium band (426 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • 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 →

Published 5500 schedule card

Filing strip 376040563 · Board of Trustees Laborers Local 231 Pension Fund PY 2023 · Defined Benefit (Pension)

Laborers Local 231 Pension Plan · $113M · 426 · 92nd

  • EIN $113M
  • EIN 426
  • EIN 92nd
  • EIN Defined Benefit (Pension)
  • EIN near Scotiabank Pension Plan (United States)
  • EIN ind #8162

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 Illinois →

Laborers Local 231 Pension Plan in the asset neighbourhood

Zoological Society of San Diego Restated Pension Plan for Non-Union EmployeesZoological Society of San Di…$113MLaborers Local 231 Pension PlanLaborers Local 231 Pension P…$113MScotiabank Pension Plan (United States)Scotiabank Pension Plan (Uni…$113MRetirement Plan for Employees of Carmeuse Lime, Inc. and SubsidiariesRetirement Plan for Employee…$113MPension Plan for the Employees of Caromont HealthPension Plan for the Employe…$113M
End-of-year total assets ($M) among Laborers Local 231 Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$101M
Net Assets (End of Year)$113M
Net Income$11M
Employer EIN376040563
Plan Effective Date1963-05-01
Filing StatusFILING RECEIVED

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

Sponsor-wide plan assets over time

All Board of Trustees Laborers Local 231 Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$126M 24.210361271020677% vs 2022
2024 filing year
$90M$100M$110M$120M$130M 202220232024 $101M $126M ▲ +24.2%
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 Scatter plot of 6 data points. -200000200004000060000 -200204060 Total assets ($B) Participants Laborers Local 231 Pension Plan, Total assets ($B): 0.112694324 · Participants: 426Laborers Local 231 Pension PlanCentral States, Southeast & Southwest Areas Pension Plan, Total assets ($B): 49.680270595 · Participants: 48538Central States, Southeast & Southwest Areas Pension PlanState Farm Insurance Companies Retirement Plan for United States Employees, Total assets ($B): 35.242945747 · Participants: 45001State Farm Insurance Companies Retirement Plan for United States EmployeesUnited Food & Commercial Workers Intl Union - Industry Pension Fund, Total assets ($B): 7.965094339 · Participants: 20680United Food & Commercial Workers Intl Union - Industry Pension FundJohn Deere Pension Plan for Salaried Employees, Total assets ($B): 7.960744597 · Participants: 16346John Deere Pension Plan for Salaried EmployeesAbbott Laboratories Annuity Retirement Plan, Total assets ($B): 7.819798504 · Participants: 17382Abbott Laboratories Annuity Retirement Plan
Laborers Local 231 Pension Plan vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants
Compare Laborers Local 231 Pension Plan side-by-side with 3 peers →

Laborers Local 231 Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Illinois, the nearest Defined Benefit (Pension) by assets is Scotiabank Pension Plan (United States) in ($113M); by covered participants it is Teamsters Local 11 Pension Fund in NJ (426 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (426 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 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).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Laborers Local 231 Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Teamsters Local 11 Pension Fund in NJ (426 participants, $75M in assets).

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.

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.