Defined Benefit (Pension) · DOL Form 5500 · 2023

Local 445 Pension Fund Pension Plan

Data updated 2026-08-11

$135M
Total assets
429
Participants
93rd
Percentile by assets
$315,785
Avg per participant
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Official DOL plan name: Pension Fund Local 445 · Sponsored by Local 445 Pension Fund · New York · Finance & Insurance

$135M in assets, 429 participants

Local 445 Pension Fund's Pension Fund Local 445 reported $135M in total assets and 429 participants in its 2023 DOL Form 5500 filing, ranking in the 93rd 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.

  • 93rd percentile by assets (of 127,072 plans)
  • #7,899 in Finance & Insurance (8,869 peers)

Where Pension Fund Local 445 sits by assets

Pension Fund Local 445 sits in the top 10% of all filed plans by assets, $135M for 429 participants (~$315,785/participant), up 6.6% in 2023.

$135M
total plan assets (2023 EOY)
429
covered participants
93rd
percentile by assets (of 127,072 plans)
$315,785
avg assets per participant

Where Pension Fund Local 445 sits by total assets

Pension Fund Local 445 vs every filed plan by assets

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

$135,471,922 Top 7% higher than 93% of 127,068 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Pension Fund Local 445 reported net income rose from -$37M in the plan year 2022 filing to $8M in the plan year 2023 filing.
  • Pension Fund Local 445 end-of-year assets rose from $127M in the plan year 2022 filing to $135M in the plan year 2023 filing.
  • Pension Fund Local 445 reported participants fell from 438 in the plan year 2022 filing to 429 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Pension Fund Local 445 vs the 2023 asset distribution

By assets, Pension Fund Local 445 outranks 93% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 1.4x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$127M
Net Assets (End of Year)$135M
Net Income$8M
Employer EIN131864489
Plan Effective Date1956-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Local 445 Pension Fund)

$125M$130M$135M$140M$145M 202220232024 $127M $143M ▲ +12.7%
Total plan assets by year, all Local 445 Pension Fund plans on file
Year Plans Participants Total Assets
2022 1 438 $127M
2023 1 429 $135M
2024 1 361 $143M

Nearby Defined Benefit (Pension) Plans in New York

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

Pension Fund Local 445 vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -100102030 Total assets ($B) Participants Pension Fund Local 445, Total assets ($B): 0.135471922 · Participants: 429Pension Fund Local 445IBM Personal Pension…, Total assets ($B): 24.955758896 · Participants: 14881IBM Personal Pension…Consolidated Edison …, Total assets ($B): 16.184377155 · Participants: 10779Consolidated Edison …1199seiu Health Care…, Total assets ($B): 16.16620463 · Participants: 1075821199seiu Health Care…Pfizer Consolidated …, Total assets ($B): 10.955262618 · Participants: 9616Pfizer Consolidated …Pepsico Employees Re…, Total assets ($B): 7.599669 · Participants: 12289Pepsico Employees Re…
Pension Fund Local 445 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 Pension Fund Local 445 by total assets, not by location.

Frequently Asked Questions

How did Pension Fund Local 445 assets move in 2023?
Pension Fund Local 445 grew at a solid clip - up 6.6% during 2023, from $127M to $135M. Reported net income was $8M.
How have Local 445 Pension Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Local 445 Pension Fund's sponsor-wide assets grew 12.7%, from $127M to $143M.
Where does Pension Fund Local 445 rank by assets among Form 5500 filers?
Pension Fund Local 445 ranks in the 93rd 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 Pension Fund Local 445?
Among Defined Benefit (Pension) plans in other states, the closest by assets is The Gates Group Retirement Plan in CO ($135M, 194 participants).

Scale reading

Ways to act on Pension Fund Local 445's numbers.