Defined Benefit (Pension) · DOL Form 5500 · 2023

Board of Trustees of Laborers 785 Pension Plan Pension Plan

Data updated 2026-08-11

$107M
Total assets: 432
Participants: 92nd
Percentile by assets: $247,408
Avg per participant

Official DOL plan name: Laborers Local 785 Pension Plan · Sponsored by Board of Trustees of Laborers 785 Pension Plan · New York · Construction

$107M in assets, 432 participants

Board of Trustees of Laborers 785 Pension Plan's Laborers Local 785 Pension Plan reported $107M in total assets and 432 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)
#8,134 in Construction (9,030 peers)

Where Laborers Local 785 Pension Plan sits by assets

Laborers Local 785 Pension Plan sits in the top 10% of all filed plans by assets, $107M for 432 participants (~$247,408/participant), up 12.6% in 2023.

$107M
total plan assets (2023 EOY): 432
covered participants: 92nd
percentile by assets (of 127,072 plans): $247,408
avg assets per participant

Laborers Local 785 Pension Plan reported net income rose from -$17M in the plan year 2022 filing to $12M in the plan year 2023 filing.
Laborers Local 785 Pension Plan end-of-year assets rose from $95M in the plan year 2022 filing to $107M in the plan year 2023 filing.
Laborers Local 785 Pension Plan reported participants rose from 403 in the plan year 2022 filing to 432 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

New York

Industry

Construction

Laborers Local 785 Pension Plan vs the 2023 asset distribution

By assets, Laborers Local 785 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)	$95M
Net Assets (End of Year)	$107M
Net Income	$12M
Employer EIN	166062418
Plan Effective Date	1964-05-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Board of Trustees of Laborers 785 Pension Plan)

Total plan assets by year, all Board of Trustees of Laborers 785 Pension Plan plans on file

Year	Plans	Participants	Total Assets
2022	1	403	$95M
2023	1	432	$107M
2024	1	403	$118M

Nearby Defined Benefit (Pension) Plans in New York

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

Laborers Local 785 Pension Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants

IBM Personal Pension Plan $25.0B · 14,881
Consolidated Edison Retirement Plan $16.2B · 10,779
1199seiu Health Care Employees Pension Fund $16.2B · 107,582
Pfizer Consolidated Pension Plan $11.0B · 9,616
Pepsico Employees Retirement Plan I $7.6B · 12,289

Compare Laborers Local 785 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 785 Pension Plan by total assets, not by location.

Cowles Company Retirement Plan (WA) $107M · 97
Post Holdings, Inc. Retirement Plan (MO) $107M · 320
Ttx Company Pension Plan (NC) $107M · 386
Cbi Pension Plan (CT) $107M · N/A

Frequently Asked Questions

How did Laborers Local 785 Pension Plan assets move in 2023? ▼

Laborers Local 785 Pension Plan grew at a solid clip - up 12.6% during 2023, from $95M to $107M. Reported net income was $12M.

How have Board of Trustees of Laborers 785 Pension Plan plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Board of Trustees of Laborers 785 Pension Plan's sponsor-wide assets grew 23.9%, from $95M to $118M.

Where does Laborers Local 785 Pension Plan rank by assets among Form 5500 filers? ▼

Laborers Local 785 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 785 Pension Plan? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is Cowles Company Retirement Plan in WA ($107M, 97 participants).

Next read for Laborers Local 785 Pension Plan

Scale reading

Ways to act on Laborers Local 785 Pension Plan's numbers.

By total assets, Laborers Local 785 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 New York. Compare plans
Board of Trustees of Laborers 785 Pension Plan's sponsor-wide assets have grown 23.9% 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 166062418.