Defined Benefit (Pension) · DOL Form 5500 · 2023

Trustees of Outstate Michigan Trowel Trades Pension Fund Pension Plan

Data updated 2026-08-25

$82M
Total assets Below avg plan size
520
Participants Below avg headcount
90th
Percentile by assets National rank
$156,810
Avg per participant Above avg balance/head
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Official DOL plan name: Outstate Michigan Trowel Trades Pension Fund · Sponsored by Trustees of Outstate Michigan Trowel Trades Pension Fund · Michigan · Construction

$82M in assets, 520 participants

Trustees of Outstate Michigan Trowel Trades Pension Fund's Outstate Michigan Trowel Trades Pension Fund reported $82M in total assets and 520 participants in its 2023 DOL Form 5500 filing, ranking in the 90th 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.

  • #7,942 in Construction (9,030 peers)

Where Outstate Michigan Trowel Trades Pension Fund sits by assets

Outstate Michigan Trowel Trades Pension Fund sits in the top 10% of all filed plans by assets, $82M for 520 participants (~$156,810/participant), up 9.9% in 2023.

#7,942
in Construction (9,030 peers)
+9.9%
assets growth YoY
0.8×
vs typical plan assets (national mean)

Outstate Michigan Trowel Trades Pension Fund's outsized position by total assets

Outstate Michigan Trowel Trades Pension Fund vs every filed plan by assets

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

$81,541,241 Top 10% higher than 90% 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

Outstate Michigan Trowel Trades Pension Fund among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Outstate Michigan Trowel Trades Pension Fund sits mid-pack in the medium band (520 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Outstate Michigan Trowel Trades Pension Fund reported net income rose from -$10M in the plan year 2022 filing to $7M in the plan year 2023 filing.
  • Outstate Michigan Trowel Trades Pension Fund end-of-year assets rose from $74M in the plan year 2022 filing to $82M in the plan year 2023 filing.
  • Outstate Michigan Trowel Trades Pension Fund reported participants fell from 574 in the plan year 2022 filing to 520 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 386222545 · Trustees of Outstate Michigan Trowel Trades Pension Fund PY 2023 · Defined Benefit (Pension)

Outstate Michigan Trowel Trades Pension Fund · $82M · 520 · 90th

  • EBSA $82M
  • EBSA 520
  • EBSA 90th
  • EBSA Defined Benefit (Pension)
  • EBSA near Iron Workers' Locals No. 15 & 424 Pension Plan
  • EBSA ind #7942

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 Construction retirement plans → · Plans in Michigan →

Outstate Michigan Trowel Trades Pension Fund in the asset neighbourhood

Datascope Corp. Pension Plan$82MOutstate Michigan Trowel Trades Pension FundOutstate Michigan Trowel Tra…$82MIron Workers' Locals No. 15 & 424 Pension PlanIron Workers' Locals No. 15 …$82MLatrobe Steel Company Pension Plan for Bargaining Unit EmployeesLatrobe Steel Company Pensio…$82MEmployees Pension Plan for Sharon Tube CompanyEmployees Pension Plan for S…$81M
End-of-year total assets ($M) among Outstate Michigan Trowel Trades Pension Fund and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$74M
Net Assets (End of Year)$81M
Net Income$7M
Employer EIN386222545
Plan Effective Date1972-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Trustees of Outstate Michigan Trowel Trades Pension Fund)

Sponsor-wide plan assets over time

All Trustees of Outstate Michigan Trowel Trades Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$86M 16.416540395923498% vs 2022
2024 filing year
$70M$75M$80M$85M$90M 202220232024 $74.2M $86.3M ▲ +16.4%
Year Plans Participants Total Assets
2022 1 574 $74M
2023 1 520 $82M
2024 1 548 $86M

Nearby Defined Benefit (Pension) Plans in Michigan

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

Outstate Michigan Trowel Trades Pension Fund vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -1001020304050 Total assets ($B) Participants Outstate Michigan Trowel Trades Pension Fund, Total assets ($B): 0.081541241 · Participants: 520Outstate Michigan Trowel Trades Pension FundGeneral Motors Hourly-Rate Employees Pension Plan, Total assets ($B): 44.838918802 · Participants: 17959General Motors Hourly-Rate Employees Pension PlanFord Motor Company UAW Retirement Plan, Total assets ($B): 19.269442236 · Participants: 26442Ford Motor Company UAW Retirement PlanFord Motor Company General Retirement Plan, Total assets ($B): 12.705910161 · Participants: 10215Ford Motor Company General Retirement PlanDow Employees' Pension Plan, Total assets ($B): 11.529460215 · Participants: 14051Dow Employees' Pension PlanFca US LLC UAW Pension Agreement, Total assets ($B): 11.155705594 · Participants: 13635Fca US LLC UAW Pension Agreement
Outstate Michigan Trowel Trades Pension Fund vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants

Outstate Michigan Trowel Trades Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Michigan, the nearest Defined Benefit (Pension) by assets is Iron Workers' Locals No. 15 & 424 Pension Plan in CT ($82M); by covered participants it is Ch2m Hill Omi Retirement Plan in CO (520 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (520 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 Outstate Michigan Trowel Trades Pension Fund assets move in 2023?
Outstate Michigan Trowel Trades Pension Fund grew at a solid clip - up 9.9% during 2023, from $74M to $82M. Reported net income was $7M.
How have Trustees of Outstate Michigan Trowel Trades Pension Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Trustees of Outstate Michigan Trowel Trades Pension Fund's sponsor-wide assets grew 16.4%, from $74M to $86M.
Where does Outstate Michigan Trowel Trades Pension Fund rank by assets among Form 5500 filers?
Outstate Michigan Trowel Trades Pension Fund ranks in the 90th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Outstate Michigan Trowel Trades Pension Fund?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Iron Workers' Locals No. 15 & 424 Pension Plan in CT ($82M, 473 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Outstate Michigan Trowel Trades Pension Fund?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Ch2m Hill Omi Retirement Plan in CO (520 participants, $95M in assets).