Defined Benefit (Pension) · DOL Form 5500 · 2023

Employers-Shopmen's Local 516 Pen Trust Fund Board of Trustees Pension Plan

Data updated 2026-08-25

$75M
Total assets Below avg plan size: 650
Participants Below avg headcount: 89th
Percentile by assets National rank: $115,042
Avg per participant Below avg balance/head

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Official DOL plan name: Pension Plan of the Employers-Shopmen's Local 516 Pension Trust · Sponsored by Employers-Shopmen's Local 516 Pen Trust Fund Board of Trustees · Oregon · Manufacturing

$75M in assets, 650 participants

Employers-Shopmen's Local 516 Pen Trust Fund Board of Trustees's Pension Plan of the Employers-Shopmen's Local 516 Pension Trust reported $75M in total assets and 650 participants in its 2023 DOL Form 5500 filing, ranking in the 89th 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.

#15,718 in Manufacturing (18,722 peers)

Where Pension Plan of the Employers-Shopmen's Local 516 Pension Trust sits by assets

Pension Plan of the Employers-Shopmen's Local 516 Pension Trust sits in the top quartile of all filed plans by assets, $75M for 650 participants (~$115,042/participant), up 0.8% in 2023.

#15,718
in Manufacturing (18,722 peers): +0.8%
assets growth YoY: 0.8×
vs typical plan assets (national mean)

Pension Plan of the Employers-Shopmen's Local 516 Pension Trust's outsized position by total assets

Pension Plan of the Employers-Shopmen's Local 516 Pension Trust vs every filed plan by assets

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

$74,777,504 Top 11% higher than 89% of 127,068 filed plans

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Pension Plan of the Employers-Shopmen's Local 516 Pension Trust 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. Pension Plan of the Employers-Shopmen's Local 516 Pension Trust sits mid-pack in the medium band (650 participants).

Micro (1-10) 35,718 filings (27%) Small (11-100) 27,089 filings (21%) Medium (101-1,000) 55,445 filings (43%) Large (1,001-10,000) 10,273 filings (8%) Mega (10,000+) 1,374 filings (1%)

Pension Plan of the Employers-Shopmen's Local 516 Pension Trust reported net income rose from -$12M in the plan year 2022 filing to $581K in the plan year 2023 filing.
Pension Plan of the Employers-Shopmen's Local 516 Pension Trust reported participants fell from 757 in the plan year 2022 filing to 650 in the plan year 2023 filing.
Pension Plan of the Employers-Shopmen's Local 516 Pension Trust end-of-year assets rose from $74M in the plan year 2022 filing to $75M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 930656480 · Employers-Shopmen's Local 516 Pen Trust Fund Board of Trustees PY 2023 · Defined Benefit (Pension)

Pension Plan of the Employers-Shopmen's Local 516 Pension Trust · $75M · 650 · 89th

NET $75M
NET 650
NET 89th
NET Defined Benefit (Pension)
NET near Silgan Plastics Pension Plan for Hourly-Paid Employees
NET ind #15718

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 Manufacturing retirement plans → · Plans in Oregon →

End-of-year total assets ($M) among Pension Plan of the Employers-Shopmen's Local 516 Pension Trust 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)	$75M
Net Income	$581K
Employer EIN	930656480
Plan Effective Date	1963-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Employers-Shopmen's Local 516 Pen Trust Fund Board of Trustees)

Latest sponsor-wide plan assets: $74M 0.20035914145880696% vs 2022; 2024 filing year

Year	Plans	Participants	Total Assets
2022	1	757	$74M
2023	1	650	$75M
2024	1	575	$74M

Nearby Defined Benefit (Pension) Plans in Oregon

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

Pension Plan of the Employers-Shopmen's Local 516 Pension Trust vs. nearby Defined Benefit (Pension) plans in Oregon, assets vs. participants

Xpo Pension Plan $1.7B · 4,840
Northwest Sheet Metal Workers Pension Plan $1.5B · 4,660
Ua Local 290 Plumber, Steamfitter & Shipfitter Pension Plan $1.1B · 3,351
Precision Castparts Corp. Retirement Plan $1.1B · 2,018
Oregon Retail Employees Pension Plan $1.0B · 20,043

Compare Pension Plan of the Employers-Shopmen's Local 516 Pension Trust side-by-side with 3 peers →

Pension Plan of the Employers-Shopmen's Local 516 Pension Trust's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Oregon, the nearest Defined Benefit (Pension) by assets is Silgan Plastics Pension Plan for Hourly-Paid Employees in MO ($75M); by covered participants it is Capital One Financial Corporation Cash Balance Pension Plan in VA (649 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($75M here).

Silgan Plastics Pension Plan for Hourly-Paid Employees (MO) $75M · 168
Dallasnews Corporation Pension Plan I (TX) $75M · 15
Iron Workers Regional Shop Local Union No 855 Pension Trust (CA) $75M · 338
Community Hospital of the Monterey Peninsula Cash Balance Plan (CA) $75M · 1,381

Similar participant headcount

Nearest other-state filings by covered participants (650 participants); asset peers above are excluded.

Capital One Financial Corporation Cash Balance Pension Plan (VA) 649 · 1 off
Edgewell Personal Care Company Defined Benefit Plan (CT) 651 · 1 off
Chicago Tile Institute Pension Fund (IL) 652 · 2 off
Kern County Electrical Workers Pension Fund (CA) 652 · 2 off

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 Pension Plan of the Employers-Shopmen's Local 516 Pension Trust assets move in 2023? ▼

Pension Plan of the Employers-Shopmen's Local 516 Pension Trust held essentially flat - up 0.8% during 2023, from $74M to $75M. Reported net income was $581K.

How have Employers-Shopmen's Local 516 Pen Trust Fund Board of Trustees plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Employers-Shopmen's Local 516 Pen Trust Fund Board of Trustees's sponsor-wide assets grew 0.2%, from $74M to $74M.

Where does Pension Plan of the Employers-Shopmen's Local 516 Pension Trust rank by assets among Form 5500 filers? ▼

Pension Plan of the Employers-Shopmen's Local 516 Pension Trust ranks in the 89th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).

Which Defined Benefit (Pension) plans are similar in size to Pension Plan of the Employers-Shopmen's Local 516 Pension Trust? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is Silgan Plastics Pension Plan for Hourly-Paid Employees in MO ($75M, 168 participants).

Which Defined Benefit (Pension) plans cover a similar participant headcount to Pension Plan of the Employers-Shopmen's Local 516 Pension Trust? ▼

Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Capital One Financial Corporation Cash Balance Pension Plan in VA (649 participants, $241M 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 930656480.