Defined Benefit (Pension) · DOL Form 5500 · 2023
Board of Trustees - Indiana Laborers Pension Fund Pension Plan
Data updated 2026-07-24
- $1.7B
- Total assets
- 10,800
- Participants
- 99th
- Percentile by assets
- $153,215
- Avg per participant
Official DOL plan name: Indiana Laborers Pension Fund · Sponsored by Board of Trustees - Indiana Laborers Pension Fund · Indiana · Construction
$1.7B in assets, 10,800 participants
Board of Trustees - Indiana Laborers Pension Fund's Indiana Laborers Pension Fund reported $1.7B in total assets and 10,800 participants in its 2023 DOL Form 5500 filing, ranking in the 99th 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.
- 99th percentile by assets (of 126,618 plans)
What the 2023 filing shows
Indiana Laborers Pension Fund holds $1.7B for 10,800 participants - about $153,215 per participant, among the largest 1% of all filed plans, up 11.2% over the 2023 plan year.
- $1.7B
- total plan assets (2023 EOY)
- 10,800
- covered participants
- 99th
- percentile by assets (of 126,618 plans)
- $153,215
- avg assets per participant
Defined Benefit (Pension) · DOL Form 5500 · 2023
What the Filing Says About Indiana Laborers Pension Fund
Indiana Laborers Pension Fund is a Defined Benefit (Pension) retirement plan sponsored by Board of Trustees - Indiana Laborers Pension Fund, headquartered in Indiana. According to the U.S. Department of Labor's 2023 Form 5500 filing, the plan reports $1.7B in total end-of-year assets and covers 10,800 participants across the Construction industry. The sponsor's EIN on file with the U.S. Department of Labor is 356027150, and the plan has been effective since 1962-06-01. Its filing status is currently FILING RECEIVED.
Year over year, total assets grew at a solid clip from $1.5B at the beginning of 2023 to $1.7B at year-end - up 11.2%. Net assets (after liabilities) closed the year at $1.7B, with reported net income of $166M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.
Across the 3 plan years Board of Trustees - Indiana Laborers Pension Fund has on file with PlainRetire (2022-2024), sponsor-wide plan assets have moved from $1.5B to $1.8B, a gain of 22.0%, while reported participants moved from 9,896 to 11,039 (+11.6%). The strongest year on file by total sponsor assets was 2024 at $1.8B; the softest was 2022 at $1.5B. Year-by-year, sponsor-wide filings show: 2022 - $1.5B in assets across 1 plan covering 9,896 participants; 2023 - $1.7B in assets across 1 plan covering 10,800 participants; 2024 - $1.8B in assets across 1 plan covering 11,039 participants.
By assets, Indiana Laborers Pension Fund outranks 99% of the 126,618 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 17x the national average plan size of $100M and 730 average participants.
Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows, a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.
How the percentile is calculated: we count every plan that filed a 2023 Form 5500 with a reported end-of-year asset figure (126,618 plans), rank Indiana Laborers Pension Fund against all of them by total assets, and report the share of those plans it outranks. A plan reporting no asset figure for the year is excluded from the ranking rather than assumed to be zero.
Financial Summary (2023)
| Total Assets (Beginning of Year) | $1.5B |
|---|---|
| Total Assets (End of Year) | $1.7B |
| Net Assets (End of Year) | $1.7B |
| Net Income | $166M |
| Plan Type | Defined Benefit (Pension) |
| Employer EIN | 356027150 |
| Plan Effective Date | 1962-06-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees - Indiana Laborers Pension Fund)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 9,896 | $1.5B |
| 2023 | 1 | 10,800 | $1.7B |
| 2024 | 1 | 11,039 | $1.8B |
Nearby Defined Benefit (Pension) Plans in Indiana
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Indiana Laborers Pension Fund vs. nearby Defined Benefit (Pension) plans in Indiana, assets vs. participants
- The Lilly Retirement Plan $11.7B · 19,111
- Cummins Pension Plan $3.3B · 26,560
- Elevance Health Cash Balance Plan a $1.3B · 8,197
- Nisource Pension Plan $1.1B · 2,174
- National Basketball Association Players' Pension Plan $610M · 435
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Indiana Laborers Pension Fund by total assets, not by location.
- The Retirement Income Plan of Keyspan Corporation (NY) $1.6B · 1,134
- Xpo Pension Plan (OR) $1.7B · 4,840
- Heavy and General Laborers' Local Unions 472 and 172 of New Jersey Pension Fund (NJ) $1.6B · 7,170
- The Tjx Companies, Inc Retirement Plan (MA) $1.6B · 10,130
Frequently Asked Questions
How much money is in the Indiana Laborers Pension Fund? ▼
What type of plan is Indiana Laborers Pension Fund? ▼
Who sponsors the Indiana Laborers Pension Fund? ▼
How did Indiana Laborers Pension Fund perform in 2023? ▼
What this filing means
Ways to act on Indiana Laborers Pension Fund's numbers.
- By total assets, Indiana Laborers Pension Fund ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Indiana. Compare plans
- Board of Trustees - Indiana Laborers Pension Fund's sponsor-wide assets have grown 22.0% since 2022 across 3 plan years on file. More Construction plans
- A Defined Benefit (Pension) plan works differently from other retirement plan types, understand the structural differences before comparing. Compare plan types
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 356027150.
Reference: IRS Publication 560, Retirement Plans for Small Business, contribution-limit rules.
Reference: IRS Publication 590-B, Distributions from IRAs, RMD rules under SECURE Act 2.0.
Read our methodology - how this data is sourced, computed, and verified.
Every figure on PlainRetire is rendered directly from the Department of Labor's Form 5500 annual return filings, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-07-24.