Defined Benefit (Pension) · DOL Form 5500 · 2023
Board of Trustees of Metal Lathers Local 46 Pension Fund Pension Plan
Data updated 2026-08-11
- $506M
- Total assets
- 968
- Participants
- 97th
- Percentile by assets
- $522,781
- Avg per participant
Official DOL plan name: Metal Lathers Local 46 Pension Fund · Sponsored by Board of Trustees of Metal Lathers Local 46 Pension Fund · New York · Construction
$506M in assets, 968 participants
Board of Trustees of Metal Lathers Local 46 Pension Fund's Metal Lathers Local 46 Pension Fund reported $506M in total assets and 968 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.
- 97th percentile by assets (of 127,072 plans)
- #8,777 in Construction (9,030 peers)
Where Metal Lathers Local 46 Pension Fund sits by assets
Metal Lathers Local 46 Pension Fund sits in the top 5% of all filed plans by assets, $506M for 968 participants (~$522,781/participant), up 9.6% in 2023.
- $506M
- total plan assets (2023 EOY)
- 968
- covered participants
- 97th
- percentile by assets (of 127,072 plans)
- $522,781
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Metal Lathers Local 46 Pension Fund reported net income rose from -$77M in the plan year 2022 filing to $42M in the plan year 2023 filing.
- Metal Lathers Local 46 Pension Fund end-of-year assets rose from $462M in the plan year 2022 filing to $506M in the plan year 2023 filing.
- Metal Lathers Local 46 Pension Fund reported participants rose from 923 in the plan year 2022 filing to 968 in the plan year 2023 filing.
Metal Lathers Local 46 Pension Fund vs the 2023 asset distribution
By assets, Metal Lathers Local 46 Pension Fund outranks 97% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 5.1x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $462M |
|---|---|
| Net Assets (End of Year) | $504M |
| Net Income | $42M |
| Employer EIN | 136106419 |
| Plan Effective Date | 1950-09-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees of Metal Lathers Local 46 Pension Fund)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 923 | $462M |
| 2023 | 1 | 968 | $506M |
| 2024 | 1 | 874 | $545M |
Nearby Defined Benefit (Pension) Plans in New York
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Metal Lathers Local 46 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
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Metal Lathers Local 46 Pension Fund by total assets, not by location.
- Pension Plan for International Officers, Representatives and Assistants of the Intl Brotherhood of Electrical Workers (DC) $506M · 239
- The Queen's Health Systems Pension Plan (HI) $505M · 5,037
- Administrative District Council 1 Pension Fund (IL) $507M · 1,396
- Retirement Plan of Citgo Petroleum Corporation and Participating Subsidiary Companies (TX) $507M · 1,501
Frequently Asked Questions
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Next read for Metal Lathers Local 46 Pension Fund
Scale reading
Ways to act on Metal Lathers Local 46 Pension Fund's numbers.
- By total assets, Metal Lathers Local 46 Pension Fund 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 New York. Compare plans
- Board of Trustees of Metal Lathers Local 46 Pension Fund's sponsor-wide assets have grown 18.1% since 2022 across 3 plan years on file. More Construction plans