Defined Benefit (Pension) · DOL Form 5500 · 2023

Board of Trustees of Minnesota Laborers Pension Fund Pension Plan

Data updated 2026-08-25

$3.0B
Total assets Very large vs avg
10,029
Participants Very large workforce
100th
Percentile by assets National rank
$297,802
Avg per participant High balance/head
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Official DOL plan name: Minnesota Laborers Pension Fund · Sponsored by Board of Trustees of Minnesota Laborers Pension Fund · Minnesota · Construction

$3.0B in assets, 10,029 participants

Board of Trustees of Minnesota Laborers Pension Fund's Minnesota Laborers Pension Fund reported $3.0B in total assets and 10,029 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.

  • #8,996 in Construction (9,030 peers)

Coverage in Minnesota

Minnesota Laborers Pension Fund covers 10,029 participants in Minnesota, 8.9x the typical Minnesota plan (state average ~1,126 per filing). Assets: $3.0B.

#8,996
in Construction (9,030 peers)
+11.0%
assets growth YoY
30×
vs typical plan assets (national mean)

Minnesota Laborers Pension Fund's outsized position by total assets

Minnesota Laborers Pension Fund vs every filed plan by assets

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

$2,986,660,412 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

Minnesota Laborers Pension Fund'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. Minnesota Laborers Pension Fund is a mega filing (10,029 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Minnesota Laborers Pension Fund reported net income rose from -$292M in the plan year 2022 filing to $297M in the plan year 2023 filing.
  • Minnesota Laborers Pension Fund end-of-year assets rose from $2.7B in the plan year 2022 filing to $3.0B in the plan year 2023 filing.
  • Minnesota Laborers Pension Fund reported participants rose from 10,017 in the plan year 2022 filing to 10,029 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 416159599 · Board of Trustees of Minnesota Laborers Pension Fund PY 2023 · Defined Benefit (Pension)

Minnesota Laborers Pension Fund · $3.0B · 10,029 · 100th

  • 5500 $3.0B
  • 5500 10,029
  • 5500 100th
  • 5500 Defined Benefit (Pension)
  • 5500 near The Retirement Plan for Graham Holdings Company
  • 5500 ind #8996

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 Minnesota →

Minnesota Laborers Pension Fund in the asset neighbourhood

The Retirement Plan for Graham Holdings CompanyThe Retirement Plan for Grah…$3.0BMinnesota Laborers Pension FundMinnesota Laborers Pension F…$3.0BErnst & Young Partnership Defined Benefit Retirement PlanErnst & Young Partnership De…$3.0BUfcw No. Califiornia Employers Joint Pension PlanUfcw No. Califiornia Employe…$2.9BGlaxosmithkline Cash Balance Pension PlanGlaxosmithkline Cash Balance…$2.9B
End-of-year total assets ($B) among Minnesota Laborers Pension Fund and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$2.7B
Net Assets (End of Year)$3.0B
Net Income$297M
Employer EIN416159599
Plan Effective Date1967-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees of Minnesota Laborers Pension Fund)

Sponsor-wide plan assets over time

All Board of Trustees of Minnesota Laborers Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$3.2B 18.881923023701308% vs 2022
2024 filing year
$2.6B$2.8B$3B$3.2B$3.4B 202220232024 $2.69B $3.2B ▲ +19.0%
Year Plans Participants Total Assets
2022 1 10,017 $2.7B
2023 1 10,029 $3.0B
2024 1 10,089 $3.2B

Nearby Defined Benefit (Pension) Plans in Minnesota

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

Minnesota Laborers Pension Fund vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 051015 Total assets ($B) Participants Minnesota Laborers Pension Fund, Total assets ($B): 2.986660412 · Participants: 10029Minnesota Laborers Pension Fund3M Employee Retirement Income Plan, Total assets ($B): 14.281991028 · Participants: 106383M Employee Retirement Income PlanMayo Pension Plan, Total assets ($B): 11.032936702 · Participants: 69155Mayo Pension PlanThe Travelers Pension Plan, Total assets ($B): 4.150985971 · Participants: 24884The Travelers Pension PlanGeneral Mills Pension Plan I, Total assets ($B): 3.991064596 · Participants: 383General Mills Pension Plan IU.S. Bank Pension Plan, Total assets ($B): 3.969502742 · Participants: 56287U.S. Bank Pension Plan
Minnesota Laborers Pension Fund vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants
Compare Minnesota Laborers Pension Fund side-by-side with 3 peers →

Scale composition for Minnesota Laborers Pension Fund

Minnesota Laborers Pension Fund reports $3.0B in end-of-year assets across 10,029 participants (0.024% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.011% of 93,925,755 covered participants) - about $297,802 per participant (2.2x the national average assets-per-participant) . Net income for plan year 2023 was $297M.

This plan identity (EIN 416159599, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $2.7B to $3.2B (+18.9%) while covered participants moved from 10,017 to 10,089 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 10,017 $2.7B Open filing
2023 10,029 $3.0B This page
2024 · index core 10,089 $3.2B Open filing

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

Minnesota Laborers Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Minnesota, the nearest Defined Benefit (Pension) by assets is The Retirement Plan for Graham Holdings Company in VA ($3.0B); by covered participants it is Ohio Operating Engineers Pension Plan in OH (10,029 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (10,029 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 Minnesota Laborers Pension Fund assets move in 2023? ▼
Minnesota Laborers Pension Fund grew at a solid clip - up 11.0% during 2023, from $2.7B to $3.0B. Reported net income was $297M.
How have Board of Trustees of Minnesota Laborers Pension Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees of Minnesota Laborers Pension Fund's sponsor-wide assets grew 18.9%, from $2.7B to $3.2B.
Where does Minnesota Laborers Pension Fund rank by assets among Form 5500 filers? ▼
Minnesota Laborers Pension Fund 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 Minnesota Laborers Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is The Retirement Plan for Graham Holdings Company in VA ($3.0B, 5,213 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Minnesota Laborers Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Ohio Operating Engineers Pension Plan in OH (10,029 participants, $3.6B 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 416159599.

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.