Defined Benefit (Pension) · DOL Form 5500 · 2023

Board of Trustees of Local 138 Pension Trust Fund Pension Plan

Data updated 2026-08-25

$116M
Total assets Near avg plan size
166
Participants Small participant base
92nd
Percentile by assets National rank
$698,177
Avg per participant High balance/head
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Official DOL plan name: Local 138 Pension Trust Fund · Sponsored by Board of Trustees of Local 138 Pension Trust Fund · New York · Transportation & Warehousing

$116M in assets, 166 participants

Board of Trustees of Local 138 Pension Trust Fund's Local 138 Pension Trust Fund reported $116M in total assets and 166 participants in its 2023 DOL Form 5500 filing, ranking in the 92nd 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.

  • #3,034 in Transportation & Warehousing (3,362 peers)

Coverage in New York

Local 138 Pension Trust Fund covers 166 participants in New York, about 21% of the average New York filer (state average ~798 per filing). Assets: $116M.

#3,034
in Transportation & Warehousing (3,362 peers)
-0.5%
assets change YoY
1.2×
vs typical plan assets (national mean)

The plan reported a net loss of $546K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Local 138 Pension Trust Fund's outsized position by total assets

Local 138 Pension Trust Fund vs every filed plan by assets

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

$115,897,312 Top 8% higher than 92% 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

Local 138 Pension Trust 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. Local 138 Pension Trust Fund sits mid-pack in the medium band (166 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Local 138 Pension Trust Fund reported net income rose from -$1M in the plan year 2022 filing to -$546K in the plan year 2023 filing.
  • Local 138 Pension Trust Fund reported participants fell from 183 in the plan year 2022 filing to 166 in the plan year 2023 filing.
  • Local 138 Pension Trust Fund end-of-year assets fell from $116M in the plan year 2022 filing to $116M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 116170655 · Board of Trustees of Local 138 Pension Trust Fund PY 2023 · Defined Benefit (Pension)

Local 138 Pension Trust Fund · $116M · 166 · 92nd

  • BOOK $116M
  • BOOK 166
  • BOOK 92nd
  • BOOK Defined Benefit (Pension)
  • BOOK near Cement Masons - Employers Pension Plan
  • BOOK ind #3034

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 Transportation & Warehousing retirement plans → · Plans in New York →

Local 138 Pension Trust Fund in the asset neighbourhood

Brown University Dining Services and Facilities Management Employees Pension PlanBrown University Dining Serv…$116MRPFEROPWCCRBUMWOAPTTKRAO2020$116MLocal 138 Pension Trust Fund$116MCement Masons - Employers Pension PlanCement Masons - Employers Pe…$116MDelta Dental of New Jersey, Inc. Pension PlanDelta Dental of New Jersey, …$116M
End-of-year total assets ($M) among Local 138 Pension Trust Fund and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

New York filing particulars

Total Assets (Beginning of Year)$116M
Net Assets (End of Year)$116M
Net Income-$546K
Employer EIN116170655
Plan Effective Date1959-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees of Local 138 Pension Trust Fund)

Sponsor-wide plan assets over time

All Board of Trustees of Local 138 Pension Trust Fund plans reported in each filing year

Latest sponsor-wide plan assets
$111M 4.461502436318914% vs 2022
2024 filing year
$110M$112M$114M$116M$118M 202220232024 $116M $111M ▼ -4.5%
Year Plans Participants Total Assets
2022 1 183 $116M
2023 1 166 $116M
2024 1 180 $111M

Nearby Defined Benefit (Pension) Plans in New York

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

Local 138 Pension Trust Fund vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -100102030 Total assets ($B) Participants Local 138 Pension Trust Fund, Total assets ($B): 0.115897312 · Participants: 166Local 138 Pension Trust FundIBM Personal Pension Plan, Total assets ($B): 24.955758896 · Participants: 14881IBM Personal Pension PlanConsolidated Edison Retirement Plan, Total assets ($B): 16.184377155 · Participants: 10779Consolidated Edison Retirement Plan1199seiu Health Care Employees Pension Fund, Total assets ($B): 16.16620463 · Participants: 1075821199seiu Health Care Employees Pension FundPfizer Consolidated Pension Plan, Total assets ($B): 10.955262618 · Participants: 9616Pfizer Consolidated Pension PlanPepsico Employees Retirement Plan I, Total assets ($B): 7.599669 · Participants: 12289Pepsico Employees Retirement Plan I
Local 138 Pension Trust Fund vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants
Compare Local 138 Pension Trust Fund side-by-side with 3 peers →

Local 138 Pension Trust Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New York, the nearest Defined Benefit (Pension) by assets is Cement Masons - Employers Pension Plan in OR ($116M); by covered participants it is Dentons US LLP Cash Balance Plan in IL (166 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (166 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 Local 138 Pension Trust Fund assets move in 2023? ▼
Local 138 Pension Trust Fund held essentially flat - down 0.5% during 2023, from $116M to $116M. Reported net income was -$546K.
How have Board of Trustees of Local 138 Pension Trust Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees of Local 138 Pension Trust Fund's sponsor-wide assets declined 4.5%, from $116M to $111M.
Where does Local 138 Pension Trust Fund rank by assets among Form 5500 filers? ▼
Local 138 Pension Trust Fund ranks in the 92nd 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 Local 138 Pension Trust Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Cement Masons - Employers Pension Plan in OR ($116M, 414 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Local 138 Pension Trust Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Dentons US LLP Cash Balance Plan in IL (166 participants, $30M 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 116170655.

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.