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
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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.

See the national 2022→2023 release diff →

State
Industry

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 EIN136106419
Plan Effective Date1950-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees of Metal Lathers Local 46 Pension Fund)

$450M$500M$550M$600M 202220232024 $462M $545M ▲ +18.1%
Total plan assets by year, all Board of Trustees of Metal Lathers Local 46 Pension Fund plans on file
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

Metal Lathers Local 46 Pension Fund vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -100102030 Total assets ($B) Participants Metal Lathers Local …IBM Personal Pension…Consolidated Edison …1199seiu Health Care…Pfizer Consolidated …Pepsico Employees Re…
Metal Lathers Local 46 Pension Fund vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants

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.

Frequently Asked Questions

How did Metal Lathers Local 46 Pension Fund assets move in 2023?
Metal Lathers Local 46 Pension Fund grew at a solid clip - up 9.6% during 2023, from $462M to $506M. Reported net income was $42M.
How have Board of Trustees of Metal Lathers Local 46 Pension Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees of Metal Lathers Local 46 Pension Fund's sponsor-wide assets grew 18.1%, from $462M to $545M.
Where does Metal Lathers Local 46 Pension Fund rank by assets among Form 5500 filers?
Metal Lathers Local 46 Pension Fund ranks in the 97th percentile by end-of-year assets among 127,072 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 Metal Lathers Local 46 Pension Fund?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Pension Plan for International Officers, Representatives and Assistants of the Intl Brotherhood of Electrical Workers in DC ($506M, 239 participants).

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