Defined Benefit (Pension) · DOL Form 5500 · 2023

Local 447 Pension Fund Board of Trustees Pension Plan

Data updated 2026-08-25

$1M
Total assets Small plan by assets: N/A
Participants Small participant base: 24th
Percentile by assets National rank

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Official DOL plan name: Local 447 Pension Fund · Sponsored by Local 447 Pension Fund Board of Trustees · New York · Manufacturing

$1M in assets, N/A participants

Local 447 Pension Fund Board of Trustees's Local 447 Pension Fund reported $1M in total assets and N/A participants in its 2023 DOL Form 5500 filing, ranking in the 24th 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.

#1,947 in Manufacturing (18,722 peers)

What the 2023 filing shows

Local 447 Pension Fund holds $1M for N/A participants, among the smaller plans by assets on file.

#1,947
in Manufacturing (18,722 peers): +8.0%
assets growth YoY

The plan reported a net loss of $6M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Local 447 Pension Fund among the smaller filed plans by assets

Local 447 Pension Fund vs every filed plan by assets

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

$1,024,571 24th percentile higher than 24% of 127,068 filed plans

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Filed plans by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets.

Micro (1-10) 35,718 filings (27%) Small (11-100) 27,089 filings (21%) Medium (101-1,000) 55,445 filings (43%) Large (1,001-10,000) 10,273 filings (8%) Mega (10,000+) 1,374 filings (1%)

Local 447 Pension Fund reported net income fell from -$5M in the plan year 2022 filing to -$6M in the plan year 2023 filing.
Local 447 Pension Fund end-of-year assets rose from $949K in the plan year 2022 filing to $1M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 136121590 · Local 447 Pension Fund Board of Trustees PY 2023 · Defined Benefit (Pension)

Local 447 Pension Fund · $1M · N/A · 24th

PCT $1M
EIN N/A
RANK 24th
PHOTO Defined Benefit (Pension)
IND near Veronica M. Wholesale, Inc. Defined Benefit Pension Plan
EOY ind #1947

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 Manufacturing retirement plans → · Plans in New York →

End-of-year total assets ($M) among Local 447 Pension Fund and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Filing particulars (2023)

Total Assets (Beginning of Year)	$949K
Net Assets (End of Year)	-$31M
Net Income	-$6M
Employer EIN	136121590
Plan Effective Date	1966-10-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Local 447 Pension Fund Board of Trustees)

Latest sponsor-wide plan assets: $1M 5.937254968087887% vs 2022; 2024 filing year

Year	Plans	Participants	Total Assets
2022	1	N/A	$949K
2023	1	N/A	$1M
2024	1	N/A	$1M

Nearby Defined Benefit (Pension) Plans in New York

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

Local 447 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

Compare Local 447 Pension Fund side-by-side with 3 peers →

Local 447 Pension Fund's closest out-of-state Defined Benefit (Pension) peers by assets

Outside New York, the nearest Defined Benefit (Pension) by end-of-year assets is Veronica M. Wholesale, Inc. Defined Benefit Pension Plan in CA at $1M (this filing: $1M).

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1M here).

Veronica M. Wholesale, Inc. Defined Benefit Pension Plan (CA) $1M · 7
American Heart Association Plan Svc 07/01/1976 (TX) $1M · N/A
Home Care Pharmacy Cash Balance Pension Plan (CA) $1M · 3
Doctors on Liens Inc Defined Benefit Pension Plan (CA) $1M · 18

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 Local 447 Pension Fund assets move in 2023? ▼

Local 447 Pension Fund grew at a solid clip - up 8.0% during 2023, from $949K to $1M. Reported net income was -$6M.

How have Local 447 Pension Fund Board of Trustees plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Local 447 Pension Fund Board of Trustees's sponsor-wide assets grew 5.9%, from $949K to $1M.

Where does Local 447 Pension Fund rank by assets among Form 5500 filers? ▼

Local 447 Pension Fund ranks in the 24th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the smaller plans by assets on file).

Which Defined Benefit (Pension) plans are similar in size to Local 447 Pension Fund? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is Veronica M. Wholesale, Inc. Defined Benefit Pension Plan in CA ($1M, 7 participants).

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 136121590.