Defined Benefit (Pension) · DOL Form 5500 · 2023

Board of Trustees Local 475 Pension Plan Pension Plan

Data updated 2026-08-25

$83M
Total assets Below avg plan size
305
Participants Below avg headcount
90th
Percentile by assets National rank
$272,159
Avg per participant High balance/head
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Official DOL plan name: Local 475 Pension Plan · Sponsored by Board of Trustees Local 475 Pension Plan · New York · Construction

$83M in assets, 305 participants

Board of Trustees Local 475 Pension Plan's Local 475 Pension Plan reported $83M in total assets and 305 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.

  • #7,961 in Construction (9,030 peers)

Coverage in New York

Local 475 Pension Plan covers 305 participants in New York, about 38% of the average New York filer (state average ~798 per filing). Assets: $83M.

#7,961
in Construction (9,030 peers)
+6.0%
assets growth YoY
0.8×
vs typical plan assets (national mean)

Local 475 Pension Plan's outsized position by total assets

Local 475 Pension Plan vs every filed plan by assets

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

$83,008,552 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

Local 475 Pension Plan 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 475 Pension Plan sits mid-pack in the medium band (305 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Local 475 Pension Plan reported net income rose from -$20M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Local 475 Pension Plan end-of-year assets rose from $78M in the plan year 2022 filing to $83M in the plan year 2023 filing.
  • Local 475 Pension Plan reported participants fell from 319 in the plan year 2022 filing to 305 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 132571151 · Board of Trustees Local 475 Pension Plan PY 2023 · Defined Benefit (Pension)

Local 475 Pension Plan · $83M · 305 · 90th

  • SCH $83M
  • SCH 305
  • SCH 90th
  • SCH Defined Benefit (Pension)
  • SCH near Capital Blue Cross Retirement Plan
  • SCH ind #7961

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 New York →

Local 475 Pension Plan in the asset neighbourhood

Plumbers and Steamfitters Local 396 Pension FundPlumbers and Steamfitters Lo…$83MLocal 475 Pension Plan$83MCapital Blue Cross Retirement PlanCapital Blue Cross Retiremen…$83MEmployees Retirement Plan of Suriname Aluminium Co for Employees in Suriname Plan IEmployees Retirement Plan of…$83MG&j Pepsi-Cola Bottlers, Inc. Employees Pension PlanG&j Pepsi-Cola Bottlers, Inc…$83M
End-of-year total assets ($M) among Local 475 Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

New York filing particulars

Total Assets (Beginning of Year)$78M
Net Assets (End of Year)$83M
Net Income$5M
Employer EIN132571151
Plan Effective Date1966-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees Local 475 Pension Plan)

Sponsor-wide plan assets over time

All Board of Trustees Local 475 Pension Plan plans reported in each filing year

Latest sponsor-wide plan assets
$88M 12.608243957053809% vs 2022
2024 filing year
$75M$80M$85M$90M 202220232024 $78.3M $88.2M ▲ +12.6%
Year Plans Participants Total Assets
2022 1 319 $78M
2023 1 305 $83M
2024 1 333 $88M

Nearby Defined Benefit (Pension) Plans in New York

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

Local 475 Pension Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -100102030 Total assets ($B) Participants Local 475 Pension Plan, Total assets ($B): 0.083008552 · Participants: 305Local 475 Pension PlanIBM 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 475 Pension Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants
Compare Local 475 Pension Plan side-by-side with 3 peers →

Local 475 Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New York, the nearest Defined Benefit (Pension) by assets is Capital Blue Cross Retirement Plan in PA ($83M); by covered participants it is Macdermid, Incorporated Employees' Pension Plan in CT (305 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (305 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 475 Pension Plan assets move in 2023? ▼
Local 475 Pension Plan grew at a solid clip - up 6.0% during 2023, from $78M to $83M. Reported net income was $5M.
How have Board of Trustees Local 475 Pension Plan plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees Local 475 Pension Plan's sponsor-wide assets grew 12.6%, from $78M to $88M.
Where does Local 475 Pension Plan rank by assets among Form 5500 filers? ▼
Local 475 Pension Plan 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 Local 475 Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Capital Blue Cross Retirement Plan in PA ($83M, 778 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Local 475 Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Macdermid, Incorporated Employees' Pension Plan in CT (305 participants, $165M 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 132571151.

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.