Defined Benefit (Pension) · DOL Form 5500 · 2023

Board of Trustees Agc-Iuoe Local of Agc-Iuoe Local 701 Pension Trus Pension Plan

Data updated 2026-08-25

$342M
Total assets Above avg plan size
2,236
Participants Above avg headcount
96th
Percentile by assets National rank
$153,052
Avg per participant Above avg balance/head
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Official DOL plan name: Defined Benefit Pension Plan of Agc-Iuoe Local 701 Pension Trust Fund · Sponsored by Board of Trustees Agc-Iuoe Local of Agc-Iuoe Local 701 Pension Trus · Washington · Construction

$342M in assets, 2,236 participants

Board of Trustees Agc-Iuoe Local of Agc-Iuoe Local 701 Pension Trus's Defined Benefit Pension Plan of Agc-Iuoe Local 701 Pension Trust Fund reported $342M in total assets and 2,236 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.

  • #8,661 in Construction (9,030 peers)

Where Defined Benefit Pension Plan of Agc-Iuoe Local 701 Pension Trust Fund sits by assets

Defined Benefit Pension Plan of Agc-Iuoe Local 701 Pension Trust Fund sits in the top 5% of all filed plans by assets, $342M for 2,236 participants (~$153,052/participant), up 7.6% in 2023.

#8,661
in Construction (9,030 peers)
+7.6%
assets growth YoY
3.4×
vs typical plan assets (national mean)

Defined Benefit Pension Plan of Agc-Iuoe Local 701 Pension Trust Fund's outsized position by total assets

Defined Benefit Pension Plan of Agc-Iuoe Local 701 Pension Trust Fund vs every filed plan by assets

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

$342,224,967 Top 4% higher than 96% 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

Defined Benefit Pension Plan of Agc-Iuoe Local 701 Pension Trust Fund's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Defined Benefit Pension Plan of Agc-Iuoe Local 701 Pension Trust Fund lands in the large band (2,236 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Defined Benefit Pension Plan of Agc-Iuoe Local 701 Pension Trust Fund reported net income rose from -$45M in the plan year 2022 filing to $24M in the plan year 2023 filing.
  • Defined Benefit Pension Plan of Agc-Iuoe Local 701 Pension Trust Fund end-of-year assets rose from $318M in the plan year 2022 filing to $342M in the plan year 2023 filing.
  • Defined Benefit Pension Plan of Agc-Iuoe Local 701 Pension Trust Fund reported participants rose from 2,137 in the plan year 2022 filing to 2,236 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 936075580 · Board of Trustees Agc-Iuoe Local of Agc-Iuoe Local 701 Pension Trus PY 2023 · Defined Benefit (Pension)

Defined Benefit Pension Plan of Agc-Iuoe Local 701 Pension Trust Fund · $342M · 2,236 · 96th

  • NET $342M
  • NET 2,236
  • NET 96th
  • NET Defined Benefit (Pension)
  • NET near The Hertz Corporation Account Balance Defined Benefit Pension Plan
  • NET ind #8661

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 Washington →

Defined Benefit Pension Plan of Agc-Iuoe Local 701 Pension Trust Fund in the asset neighbourhood

Olympus Corporation of the Americas Pension PlanOlympus Corporation of the A…$343MInternational Association of Sheet Metal, Air, Rail and Transportation Workers (Smart) Local Union No. 36 Pension FundInternational Association of…$343MDefined Benefit Pension Plan of Agc-Iuoe Local 701 Pension Trust FundDefined Benefit Pension Plan…$342MThe Hertz Corporation Account Balance Defined Benefit Pension PlanThe Hertz Corporation Accoun…$342MValeo, Inc. Pension Plan$341M
End-of-year total assets ($M) among Defined Benefit Pension Plan of Agc-Iuoe Local 701 Pension Trust Fund and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$318M
Net Assets (End of Year)$341M
Net Income$24M
Employer EIN936075580
Plan Effective Date1960-03-31
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees Agc-Iuoe Local of Agc-Iuoe Local 701 Pension Trus)

Sponsor-wide plan assets over time

All Board of Trustees Agc-Iuoe Local of Agc-Iuoe Local 701 Pension Trus plans reported in each filing year

Latest sponsor-wide plan assets
$515M 16.857978530849373% vs 2022
2024 filing year
$400M$450M$500M$550M 202220232024 $441M $515M ▲ +16.9%
Year Plans Participants Total Assets
2022 2 6,066 $441M
2023 2 6,333 $486M
2024 2 6,422 $515M

Nearby Defined Benefit (Pension) Plans in Washington

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

Defined Benefit Pension Plan of Agc-Iuoe Local 701 Pension Trust Fund vs. nearby Defined Benefit (Pension) plans in Washington, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -20020406080 Total assets ($B) Participants Defined Benefit Pension Plan of Agc-Iuoe Local 701 Pension Trust Fund, Total assets ($B): 0.342224967 · Participants: 2236Defined Benefit Pension Plan of Agc-Iuoe Local 701 Pension Trust FundWestern Conference of Teamsters Pension Plan, Total assets ($B): 57.387332732 · Participants: 229511Western Conference of Teamsters Pension PlanThe Pension Value Plan for Employees of the Boeing Company, Total assets ($B): 25.042153263 · Participants: 31566The Pension Value Plan for Employees of the Boeing CompanyThe Boeing Company Employee Retirement Plan, Total assets ($B): 16.333139549 · Participants: 32477The Boeing Company Employee Retirement PlanNorthwest Carpenters Retirement Plan, Total assets ($B): 3.287308621 · Participants: 15892Northwest Carpenters Retirement PlanLocals 302 & 612 of the Iuoe - Employers Construction Industry Retirement Plan, Total assets ($B): 3.066446219 · Participants: 8339Locals 302 & 612 of the Iuoe - Employers Construction Industry Retirement Plan
Defined Benefit Pension Plan of Agc-Iuoe Local 701 Pension Trust Fund vs. nearby Defined Benefit (Pension) plans in Washington, assets vs. participants

Defined Benefit Pension Plan of Agc-Iuoe Local 701 Pension Trust Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Washington, the nearest Defined Benefit (Pension) by assets is The Hertz Corporation Account Balance Defined Benefit Pension Plan in FL ($342M); by covered participants it is Ahold USA, Inc. Pension Plan in MA (2,234 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,236 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 Defined Benefit Pension Plan of Agc-Iuoe Local 701 Pension Trust Fund assets move in 2023?
Defined Benefit Pension Plan of Agc-Iuoe Local 701 Pension Trust Fund grew at a solid clip - up 7.6% during 2023, from $318M to $342M. Reported net income was $24M.
How have Board of Trustees Agc-Iuoe Local of Agc-Iuoe Local 701 Pension Trus plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees Agc-Iuoe Local of Agc-Iuoe Local 701 Pension Trus's sponsor-wide assets grew 16.9%, from $441M to $515M.
Where does Defined Benefit Pension Plan of Agc-Iuoe Local 701 Pension Trust Fund rank by assets among Form 5500 filers?
Defined Benefit Pension Plan of Agc-Iuoe Local 701 Pension Trust Fund ranks in the 96th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Defined Benefit Pension Plan of Agc-Iuoe Local 701 Pension Trust Fund?
Among Defined Benefit (Pension) plans in other states, the closest by assets is The Hertz Corporation Account Balance Defined Benefit Pension Plan in FL ($342M, 3,201 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Defined Benefit Pension Plan of Agc-Iuoe Local 701 Pension Trust Fund?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Ahold USA, Inc. Pension Plan in MA (2,234 participants, $826M in assets).