Defined Benefit (Pension) · DOL Form 5500 · 2023

West Virginia Laborers Pension Trust Fund Pension Plan

Data updated 2026-07-24

$556M
Total assets
1,965
Participants
98th
Percentile by assets
$282,764
Avg per participant

Official DOL plan name: West Virginia Laborers Pension Trust Fund · Sponsored by West Virginia Laborers Pension Trust Fund · West Virginia · Construction

$556M in assets, 1,965 participants

West Virginia Laborers Pension Trust Fund's West Virginia Laborers Pension Trust Fund reported $556M in total assets and 1,965 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.

  • 98th percentile by assets (of 126,618 plans)

What the 2023 filing shows

West Virginia Laborers Pension Trust Fund holds $556M for 1,965 participants - about $282,764 per participant, in the top 5% of all filed plans by assets, up 10.7% over the 2023 plan year.

$556M
total plan assets (2023 EOY)
1,965
covered participants
98th
percentile by assets (of 126,618 plans)
$282,764
avg assets per participant
Industry
Construction

Defined Benefit (Pension) · DOL Form 5500 · 2023

What the Filing Says About West Virginia Laborers Pension Trust Fund

West Virginia Laborers Pension Trust Fund is a Defined Benefit (Pension) retirement plan sponsored by West Virginia Laborers Pension Trust Fund, headquartered in West Virginia. According to the U.S. Department of Labor's 2023 Form 5500 filing, the plan reports $556M in total end-of-year assets and covers 1,965 participants across the Construction industry. The sponsor's EIN on file with the U.S. Department of Labor is 556026775, and the plan has been effective since 1965-04-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets grew at a solid clip from $502M at the beginning of 2023 to $556M at year-end - up 10.7%. Net assets (after liabilities) closed the year at $551M, with reported net income of $52M 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 West Virginia Laborers Pension Trust Fund has on file with PlainRetire (2022-2024), sponsor-wide plan assets have moved from $502M to $570M, a gain of 13.6%, while reported participants moved from 2,131 to 2,390 (+12.2%). The strongest year on file by total sponsor assets was 2024 at $570M; the softest was 2022 at $502M. Year-by-year, sponsor-wide filings show: 2022 - $502M in assets across 1 plan covering 2,131 participants; 2023 - $556M in assets across 1 plan covering 1,965 participants; 2024 - $570M in assets across 1 plan covering 2,390 participants.

By assets, West Virginia Laborers Pension Trust Fund outranks 98% of the 126,618 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 5.6x 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 West Virginia Laborers Pension Trust 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)$502M
Total Assets (End of Year)$556M
Net Assets (End of Year)$551M
Net Income$52M
Plan TypeDefined Benefit (Pension)
Employer EIN556026775
Plan Effective Date1965-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (West Virginia Laborers Pension Trust Fund)

$450M$500M$550M$600M 202220232024 $502M $570M ▲ +13.6%
Total plan assets by year, all West Virginia Laborers Pension Trust Fund 401(k) plans on file
Year Plans Participants Total Assets
2022 1 2,131 $502M
2023 1 1,965 $556M
2024 1 2,390 $570M

Nearby Defined Benefit (Pension) Plans in West Virginia

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

West Virginia Laborers Pension Trust Fund vs. nearby Defined Benefit (Pension) plans in West Virginia, assets vs. participants

West Virginia Laborers Pension Trust Fund vs. nearby Defined Benefit (Pension) plans in West Virginia, assets vs. participants Scatter plot of 6 data points. -50005001000150020002500 200300400500600 Total assets ($M) Participants West Virginia Labore…I.U.O.E. Local 132 P…United Mine Workers …Employer - Teamsters…Maryland Electrical …Constellium Rolled P…
West Virginia Laborers Pension Trust Fund vs. nearby Defined Benefit (Pension) plans in West Virginia, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to West Virginia Laborers Pension Trust Fund by total assets, not by location.

Frequently Asked Questions

How much money is in the West Virginia Laborers Pension Trust Fund?
As of the 2023 Form 5500 filing, West Virginia Laborers Pension Trust Fund holds $556M in total assets with 1,965 participants. It is sponsored by West Virginia Laborers Pension Trust Fund.
What type of plan is West Virginia Laborers Pension Trust Fund?
West Virginia Laborers Pension Trust Fund is a Defined Benefit (Pension) plan. It has been effective since 1965-04-01. The plan is filed with the U.S. Department of Labor under EIN 556026775.
Who sponsors the West Virginia Laborers Pension Trust Fund?
West Virginia Laborers Pension Trust Fund is sponsored by West Virginia Laborers Pension Trust Fund, located in West Virginia. The sponsor's EIN is 556026775 and the plan operates in the Construction industry.
How did West Virginia Laborers Pension Trust Fund perform in 2023?
West Virginia Laborers Pension Trust Fund grew at a solid clip - up 10.7% during 2023, moving from $502M to $556M in total assets. Net income was $52M.

What this filing means

Ways to act on West Virginia Laborers Pension Trust Fund's numbers.

  • By total assets, West Virginia Laborers Pension Trust Fund ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in West Virginia. Compare plans
  • West Virginia Laborers Pension Trust Fund's sponsor-wide assets have grown 13.6% 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 556026775.

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.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.

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.