Defined Benefit (Pension) · DOL Form 5500 · 2023

Steelworkers Pension Trust Pension Plan

Data updated 2026-08-25

$6.6B
Total assets Very large vs avg
47,052
Participants Very large workforce
100th
Percentile by assets National rank
$140,332
Avg per participant Near avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Steelworkers Pension Trust · Sponsored by Steelworkers Pension Trust · Pennsylvania · Finance & Insurance

$6.6B in assets, 47,052 participants

Steelworkers Pension Trust's Steelworkers Pension Trust reported $6.6B in total assets and 47,052 participants in its 2023 DOL Form 5500 filing, ranking in the 100th 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.

  • #8,833 in Finance & Insurance (8,869 peers)

Coverage in Pennsylvania

Steelworkers Pension Trust covers 47,052 participants in Pennsylvania, 57x the typical Pennsylvania plan (state average ~822 per filing). Assets: $6.6B.

#8,833
in Finance & Insurance (8,869 peers)
+11.8%
assets growth YoY
66×
vs typical plan assets (national mean)

Steelworkers Pension Trust's outsized position by total assets

Steelworkers Pension Trust vs every filed plan by assets

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

$6,602,912,146 Highest reported value at or above every one 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

Steelworkers Pension Trust'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. Steelworkers Pension Trust is a mega filing (47,052 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Steelworkers Pension Trust reported net income rose from -$1.1B in the plan year 2022 filing to $656M in the plan year 2023 filing.
  • Steelworkers Pension Trust end-of-year assets rose from $5.9B in the plan year 2022 filing to $6.6B in the plan year 2023 filing.
  • Steelworkers Pension Trust reported participants fell from 52,395 in the plan year 2022 filing to 47,052 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 236648508 · Steelworkers Pension Trust PY 2023 · Defined Benefit (Pension)

Steelworkers Pension Trust · $6.6B · 47,052 · 100th

  • PART $6.6B
  • TYPE 47,052
  • NET 100th
  • BOOK Defined Benefit (Pension)
  • VS-ST near Altria Retirement Plan
  • BOY ind #8833

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 Finance & Insurance retirement plans → · Plans in Pennsylvania →

Steelworkers Pension Trust in the asset neighbourhood

Liberty Mutual Retirement Benefit PlanLiberty Mutual Retirement Be…$6.9BSouthwest Carpenters Pension TrustSouthwest Carpenters Pension…$6.8BAltria Retirement Plan$6.7BSteelworkers Pension Trust$6.6BExelon Corporation Retirement ProgramExelon Corporation Retiremen…$6.4B
End-of-year total assets ($B) among Steelworkers Pension Trust and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$5.9B
Net Assets (End of Year)$6.5B
Net Income$656M
Employer EIN236648508
Plan Effective Date1997-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Steelworkers Pension Trust)

Sponsor-wide plan assets over time

All Steelworkers Pension Trust plans reported in each filing year

Latest sponsor-wide plan assets
$7.2B 22.451792388725174% vs 2022
2024 filing year
$5.5B$6B$6.5B$7B$7.5B 202220232024 $5.91B $7.23B ▲ +22.3%
Year Plans Participants Total Assets
2022 1 52,395 $5.9B
2023 1 47,052 $6.6B
2024 1 46,110 $7.2B

Nearby Defined Benefit (Pension) Plans in Pennsylvania

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

Steelworkers Pension Trust vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. 020000400006000080000 4681012 Total assets ($B) Participants Steelworkers Pension Trust, Total assets ($B): 6.602912146 · Participants: 47052Steelworkers Pension TrustNational Elevator Industry Pension Plan, Total assets ($B): 11.224377797 · Participants: 27434National Elevator Industry Pension PlanThe PNC Financial Services Group, Inc. Pension Plan, Total assets ($B): 5.63715 · Participants: 63680The PNC Financial Services Group, Inc. Pension PlanConstellation Retirement Program, Total assets ($B): 5.323012123 · Participants: 5080Constellation Retirement ProgramThe Bank of New York Mellon Corporation Pension Plan, Total assets ($B): 5.257223708 · Participants: 7374The Bank of New York Mellon Corporation Pension PlanEastern Atlantic States Carpenters Pension Fund, Total assets ($B): 4.733825357 · Participants: 11775Eastern Atlantic States Carpenters Pension Fund
Steelworkers Pension Trust vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants
Compare Steelworkers Pension Trust side-by-side with 3 peers →

Scale composition for Steelworkers Pension Trust

Steelworkers Pension Trust reports $6.6B in end-of-year assets across 47,052 participants (0.054% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.050% of 93,925,755 covered participants) - about $140,332 per participant (1.0x the national average assets-per-participant) . Net income for plan year 2023 was $656M.

This plan identity (EIN 236648508, plan #499) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $5.9B to $7.2B (+22.5%) while covered participants moved from 52,395 to 46,110 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 52,395 $5.9B Open filing
2023 47,052 $6.6B This page
2024 · index core 46,110 $7.2B Open filing

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

Steelworkers Pension Trust's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Pennsylvania, the nearest Defined Benefit (Pension) by assets is Altria Retirement Plan in VA ($6.7B); by covered participants it is Ufcw No. Califiornia Employers Joint Pension Plan in CA (46,714 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($6.6B here).

Similar participant headcount

Nearest other-state filings by covered participants (47,052 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 Steelworkers Pension Trust assets move in 2023? ▼
Steelworkers Pension Trust grew at a solid clip - up 11.8% during 2023, from $5.9B to $6.6B. Reported net income was $656M.
How have Steelworkers Pension Trust plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Steelworkers Pension Trust's sponsor-wide assets grew 22.5%, from $5.9B to $7.2B.
Where does Steelworkers Pension Trust rank by assets among Form 5500 filers? ▼
Steelworkers Pension Trust ranks in the 100th 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 Steelworkers Pension Trust? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Altria Retirement Plan in VA ($6.7B, 2,242 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Steelworkers Pension Trust? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Ufcw No. Califiornia Employers Joint Pension Plan in CA (46,714 participants, $2.9B 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 236648508.

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.