Defined Benefit (Pension) · DOL Form 5500 · 2023

Board of Trustees of Massachusetts Laborers' Pension Fund Pension Plan

Data updated 2026-08-25

$2.3B
Total assets Very large vs avg
10,116
Participants Very large workforce
99th
Percentile by assets National rank
$231,886
Avg per participant Above avg balance/head
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Official DOL plan name: Massachusetts Laborers' Pension Fund · Sponsored by Board of Trustees of Massachusetts Laborers' Pension Fund · Massachusetts · Construction

$2.3B in assets, 10,116 participants

Board of Trustees of Massachusetts Laborers' Pension Fund's Massachusetts Laborers' Pension Fund reported $2.3B in total assets and 10,116 participants in its 2023 DOL Form 5500 filing, ranking in the 99th 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.

  • #8,987 in Construction (9,030 peers)

Coverage in Massachusetts

Massachusetts Laborers' Pension Fund covers 10,116 participants in Massachusetts, 15x the typical Massachusetts plan (state average ~659 per filing). Assets: $2.3B.

#8,987
in Construction (9,030 peers)
+11.6%
assets growth YoY
24×
vs typical plan assets (national mean)

Massachusetts Laborers' Pension Fund's outsized position by total assets

Massachusetts Laborers' Pension Fund vs every filed plan by assets

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

$2,345,763,683 Top 1% higher than 99% 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

Massachusetts Laborers' Pension Fund's mega-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Massachusetts Laborers' Pension Fund is a mega filing (10,116 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Massachusetts Laborers' Pension Fund reported net income rose from -$200M in the plan year 2022 filing to $246M in the plan year 2023 filing.
  • Massachusetts Laborers' Pension Fund end-of-year assets rose from $2.1B in the plan year 2022 filing to $2.3B in the plan year 2023 filing.
  • Massachusetts Laborers' Pension Fund reported participants rose from 10,000 in the plan year 2022 filing to 10,116 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 046128298 · Board of Trustees of Massachusetts Laborers' Pension Fund PY 2023 · Defined Benefit (Pension)

Massachusetts Laborers' Pension Fund · $2.3B · 10,116 · 99th

  • NET $2.3B
  • BOOK 10,116
  • VS-ST 99th
  • BOY Defined Benefit (Pension)
  • SCH near Lockheed Martin Aerospace Hourly Pension Plan
  • EBSA ind #8987

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 Massachusetts →

Massachusetts Laborers' Pension Fund in the asset neighbourhood

Frontier Communications Pension PlanFrontier Communications Pens…$2.4BValero Energy Corporation Pension PlanValero Energy Corporation Pe…$2.4BMassachusetts Laborers' Pension FundMassachusetts Laborers' Pens…$2.3BLockheed Martin Aerospace Hourly Pension PlanLockheed Martin Aerospace Ho…$2.3BReynolds and Affiliates Pension PlanReynolds and Affiliates Pens…$2.3B
End-of-year total assets ($B) among Massachusetts Laborers' Pension Fund and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Massachusetts filing particulars

Total Assets (Beginning of Year)$2.1B
Net Assets (End of Year)$2.3B
Net Income$246M
Employer EIN046128298
Plan Effective Date1961-12-11
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees of Massachusetts Laborers' Pension Fund)

Sponsor-wide plan assets over time

All Board of Trustees of Massachusetts Laborers' Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$2.5B 19.388437717789653% vs 2022
2024 filing year
$2B$2.2B$2.4B$2.6B 202220232024 $2.1B $2.51B ▲ +19.5%
Year Plans Participants Total Assets
2022 1 10,000 $2.1B
2023 1 10,116 $2.3B
2024 1 10,203 $2.5B

Nearby Defined Benefit (Pension) Plans in Massachusetts

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

Massachusetts Laborers' Pension Fund vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. 020000400006000080000 024681012 Total assets ($B) Participants Massachusetts Laborers' Pension Fund, Total assets ($B): 2.345763683 · Participants: 10116Massachusetts Laborers' Pension FundConsolidated Cash Balance Program of Mass General Brigham and Member Organizations, Total assets ($B): 10.325856564 · Participants: 58745Consolidated Cash Balance Program of Mass General Brigham and Member OrganizationsNew England Teamsters Pension Fund, Total assets ($B): 9.092299586 · Participants: 21786New England Teamsters Pension FundLiberty Mutual Retirement Benefit Plan, Total assets ($B): 6.892259637 · Participants: 37145Liberty Mutual Retirement Benefit PlanMassachusetts Institute of Technology Basic Retirement Plan, Total assets ($B): 5.381626447 · Participants: 11888Massachusetts Institute of Technology Basic Retirement PlanN. Atlantic States Carp. Pension Fund, Total assets ($B): 4.973349354 · Participants: 17166N. Atlantic States Carp. Pension Fund
Massachusetts Laborers' Pension Fund vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants
Compare Massachusetts Laborers' Pension Fund side-by-side with 3 peers →

Scale composition for Massachusetts Laborers' Pension Fund

Massachusetts Laborers' Pension Fund reports $2.3B in end-of-year assets across 10,116 participants (0.019% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.011% of 93,925,755 covered participants) - about $231,886 per participant (1.7x the national average assets-per-participant) . Net income for plan year 2023 was $246M.

This plan identity (EIN 046128298, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $2.1B to $2.5B (+19.4%) while covered participants moved from 10,000 to 10,203 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 10,000 $2.1B Open filing
2023 10,116 $2.3B This page
2024 · index core 10,203 $2.5B Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Massachusetts Laborers' Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Massachusetts, the nearest Defined Benefit (Pension) by assets is Lockheed Martin Aerospace Hourly Pension Plan in MD ($2.3B); by covered participants it is Club Pension Plan in CA (10,111 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($2.3B here).

Similar participant headcount

Nearest other-state filings by covered participants (10,116 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 Massachusetts Laborers' Pension Fund assets move in 2023? ▼
Massachusetts Laborers' Pension Fund grew at a solid clip - up 11.6% during 2023, from $2.1B to $2.3B. Reported net income was $246M.
How have Board of Trustees of Massachusetts Laborers' Pension Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees of Massachusetts Laborers' Pension Fund's sponsor-wide assets grew 19.4%, from $2.1B to $2.5B.
Where does Massachusetts Laborers' Pension Fund rank by assets among Form 5500 filers? ▼
Massachusetts Laborers' Pension Fund ranks in the 99th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to Massachusetts Laborers' Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Lockheed Martin Aerospace Hourly Pension Plan in MD ($2.3B, 4,011 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Massachusetts Laborers' Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Club Pension Plan in CA (10,111 participants, $2.6B 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 046128298.

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.