Defined Benefit (Pension) · DOL Form 5500 · 2023
Excavators Union Pension Fund Loca Pension Plan
Data updated 2026-08-11
- $2.6B
- Total assets
- 5,279
- Participants
- 99th
- Percentile by assets
- $501,139
- Avg per participant
Official DOL plan name: Excavators Union Local 731 Pension Fund · Sponsored by Excavators Union Pension Fund Loca · New York · Construction
$2.6B in assets, 5,279 participants
Excavators Union Pension Fund Loca's Excavators Union Local 731 Pension Fund reported $2.6B in total assets and 5,279 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.
- 99th percentile by assets (of 127,072 plans)
- #8,992 in Construction (9,030 peers)
Coverage in New York
Excavators Union Local 731 Pension Fund covers 5,279 participants in New York, 6.6x the typical New York plan (state average ~798 per filing). Assets: $2.6B.
- $2.6B
- total plan assets (2023 EOY)
- 5,279
- covered participants
- 99th
- percentile by assets (of 127,072 plans)
- $501,139
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Excavators Union Local 731 Pension Fund reported net income rose from -$385M in the plan year 2022 filing to $359M in the plan year 2023 filing.
- Excavators Union Local 731 Pension Fund end-of-year assets rose from $2.3B in the plan year 2022 filing to $2.6B in the plan year 2023 filing.
- Excavators Union Local 731 Pension Fund reported participants rose from 5,145 in the plan year 2022 filing to 5,279 in the plan year 2023 filing.
Participants vs New York filers
In New York, the average filing covers about 798 participants across 9,061 plans. Excavators Union Local 731 Pension Fund reports 5,279 participants - 6.6x that state average ($2.6B EOY assets).
New York filing particulars
| Total Assets (Beginning of Year) | $2.3B |
|---|---|
| Net Assets (End of Year) | $2.6B |
| Net Income | $359M |
| Employer EIN | 131809825 |
| Plan Effective Date | 1955-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Excavators Union Pension Fund Loca)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 5,145 | $2.3B |
| 2023 | 1 | 5,279 | $2.6B |
| 2024 | 1 | 5,257 | $3.0B |
Nearby Defined Benefit (Pension) Plans in New York
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Excavators Union Local 731 Pension Fund 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
Scale composition for Excavators Union Local 731 Pension Fund
Excavators Union Local 731 Pension Fund reports $2.6B in end-of-year assets across 5,279 participants (0.021% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $501,139 per participant (3.6x the national average assets-per-participant) . Net income for plan year 2023 was $359M.
This plan identity (EIN 131809825, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $2.3B to $3.0B (+32.3%) while covered participants moved from 5,145 to 5,257 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 5,145 | $2.3B | Open filing |
| 2023 | 5,279 | $2.6B | This page |
| 2024 · index core | 5,257 | $3.0B | Open filing |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Excavators Union Local 731 Pension Fund (Defined Benefit (Pension), $3.0B, 5,257 participants)
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Excavators Union Local 731 Pension Fund by total assets, not by location.
- Sysco Corporation Retirement Plan (TX) $2.7B · 10,406
- Employees' Retirement Plan of Duke University (NC) $2.6B · 21,020
- Pension Plan for Eaton Corporation Employees (OH) $2.6B · 8,916
- Comerica Incorporated Retirement Income Account Plan (TX) $2.7B · 6,371
Frequently Asked Questions
How did Excavators Union Local 731 Pension Fund assets move in 2023? ▼
How have Excavators Union Pension Fund Loca plan assets changed over time? ▼
Where does Excavators Union Local 731 Pension Fund rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Excavators Union Local 731 Pension Fund? ▼
Next read for Excavators Union Local 731 Pension Fund
Filing takeaways
Ways to act on Excavators Union Local 731 Pension Fund's numbers.
- By total assets, Excavators Union Local 731 Pension Fund ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in New York. Compare plans
- Excavators Union Pension Fund Loca's sponsor-wide assets have grown 32.3% since 2022 across 3 plan years on file. More Construction plans