Defined Benefit (Pension) · DOL Form 5500 · 2023

Board of Trustees of the U.a. Local No. 393 Defined Benefit Pension Pl Pension Plan

Data updated 2026-08-06

$899M
Total assets
1,988
Participants
98th
Percentile by assets
$452,288
Avg per participant
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Official DOL plan name: U.a. Local No. 393 Defined Benefit Pension Plan · Sponsored by Board of Trustees of the U.a. Local No. 393 Defined Benefit Pension Pl · California · Construction

$899M in assets, 1,988 participants

Board of Trustees of the U.a. Local No. 393 Defined Benefit Pension Pl's U.a. Local No. 393 Defined Benefit Pension Plan reported $899M in total assets and 1,988 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.

  • 98th percentile by assets (of 126,618 plans)
  • #8,857 in Construction (8,993 peers)

Coverage in California

U.a. Local No. 393 Defined Benefit Pension Plan covers 1,988 participants in California, 3.1x the typical California plan (state average ~637 per filing). Assets: $899M.

$899M
total plan assets (2023 EOY)
1,988
covered participants
98th
percentile by assets (of 126,618 plans)
$452,288
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • U.a. Local No. 393 Defined Benefit Pension Plan reported net income rose from -$121M in the plan year 2022 filing to $158M in the plan year 2023 filing.
  • U.a. Local No. 393 Defined Benefit Pension Plan end-of-year assets rose from $742M in the plan year 2022 filing to $899M in the plan year 2023 filing.
  • U.a. Local No. 393 Defined Benefit Pension Plan reported participants rose from 1,970 in the plan year 2022 filing to 1,988 in the plan year 2023 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs California filers

In California, the average filing covers about 637 participants across 14,392 plans. U.a. Local No. 393 Defined Benefit Pension Plan reports 1,988 participants - 3.1x that state average ($899M EOY assets).

California filing particulars

Total Assets (Beginning of Year)$742M
Net Assets (End of Year)$899M
Net Income$158M
Employer EIN946359772
Plan Effective Date1976-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees of the U.a. Local No. 393 Defined Benefit Pension Pl)

$0.7B$0.8B$0.9B$1B$1.1B 202220232024 $0.74B $1.03B ▲ +39.2%
Total plan assets by year, all Board of Trustees of the U.a. Local No. 393 Defined Benefit Pension Pl plans on file
Year Plans Participants Total Assets
2022 1 1,970 $742M
2023 1 1,988 $899M
2024 1 1,996 $1.0B

Nearby Defined Benefit (Pension) Plans in California

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

U.a. Local No. 393 Defined Benefit Pension Plan vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants

U.a. Local No. 393 Defined Benefit Pension Plan vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants U.a. Local No. 393 D…Kaiser Permanente Re…Pacific Gas and Elec…Pacific Gas and Elec…Retirement Plan for …Disney Salaried Pens…
U.a. Local No. 393 Defined Benefit Pension Plan vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to U.a. Local No. 393 Defined Benefit Pension Plan by total assets, not by location.

Frequently Asked Questions

How did U.a. Local No. 393 Defined Benefit Pension Plan assets move in 2023?
U.a. Local No. 393 Defined Benefit Pension Plan grew sharply - up 21.2% during 2023, from $742M to $899M. Reported net income was $158M.
How have Board of Trustees of the U.a. Local No. 393 Defined Benefit Pension Pl plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees of the U.a. Local No. 393 Defined Benefit Pension Pl's sponsor-wide assets grew 38.3%, from $742M to $1.0B.
Where does U.a. Local No. 393 Defined Benefit Pension Plan rank by assets among Form 5500 filers?
U.a. Local No. 393 Defined Benefit Pension Plan ranks in the 98th percentile by end-of-year assets among 126,618 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to U.a. Local No. 393 Defined Benefit Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Pipefitters Union Local No. 537 Pension Fund in MA ($902M, 2,202 participants).

Next read for U.a. Local No. 393 Defined Benefit Pensi…

Filing takeaways

Ways to act on U.a. Local No. 393 Defined Benefit Pension Plan's numbers.

  • By total assets, U.a. Local No. 393 Defined Benefit Pension Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in California. Compare plans
  • Board of Trustees of the U.a. Local No. 393 Defined Benefit Pension Pl's sponsor-wide assets have grown 38.3% since 2022 across 3 plan years on file. More Construction plans