Defined Benefit (Pension) · DOL Form 5500 · 2023
Board of Trustees Local 1298 Pension Fund Pension Plan
Data updated 2026-08-25
- $434M
- Total assets Above avg plan size
- 1,184
- Participants Near avg headcount
- 97th
- Percentile by assets National rank
- $366,636
- Avg per participant High balance/head
Official DOL plan name: Laborers Local 1298 of Nassau & Suffolk Counties Pension Fund · Sponsored by Board of Trustees Local 1298 Pension Fund · New York · Construction
$434M in assets, 1,184 participants
Board of Trustees Local 1298 Pension Fund's Laborers Local 1298 of Nassau & Suffolk Counties Pension Fund reported $434M in total assets and 1,184 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.
- #8,735 in Construction (9,030 peers)
Where Laborers Local 1298 of Nassau & Suffolk Counties Pension Fund sits by assets
Laborers Local 1298 of Nassau & Suffolk Counties Pension Fund sits in the top 5% of all filed plans by assets, $434M for 1,184 participants (~$366,636/participant), up 12.8% in 2023.
- #8,735
- in Construction (9,030 peers)
- +12.8%
- assets growth YoY
- 4.4×
- vs typical plan assets (national mean)
Laborers Local 1298 of Nassau & Suffolk Counties Pension Fund's outsized position by total assets
Laborers Local 1298 of Nassau & Suffolk Counties Pension Fund vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$434,097,392 Top 3% higher than 97% 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
Laborers Local 1298 of Nassau & Suffolk Counties Pension 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. Laborers Local 1298 of Nassau & Suffolk Counties Pension Fund lands in the large band (1,184 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Laborers Local 1298 of Nassau & Suffolk Counties Pension Fund reported net income rose from $36M in the plan year 2022 filing to $49M in the plan year 2023 filing.
- Laborers Local 1298 of Nassau & Suffolk Counties Pension Fund end-of-year assets rose from $385M in the plan year 2022 filing to $434M in the plan year 2023 filing.
- Laborers Local 1298 of Nassau & Suffolk Counties Pension Fund reported participants fell from 1,218 in the plan year 2022 filing to 1,184 in the plan year 2023 filing.
EBSA filing schedule strip
Filing strip 111970385 · Board of Trustees Local 1298 Pension Fund PY 2023 · Defined Benefit (Pension)
Laborers Local 1298 of Nassau & Suffolk Counties Pension Fund · $434M · 1,184 · 97th
- PART $434M
- PART 1,184
- PART 97th
- PART Defined Benefit (Pension)
- PART near Medianews Group Pension Plan
- PART ind #8735
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 →
Laborers Local 1298 of Nassau & Suffolk Counties Pension Fund in the asset neighbourhood
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $385M |
|---|---|
| Net Assets (End of Year) | $431M |
| Net Income | $49M |
| Employer EIN | 111970385 |
| Plan Effective Date | 1961-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees Local 1298 Pension Fund)
Sponsor-wide plan assets over time
All Board of Trustees Local 1298 Pension Fund plans reported in each filing year
- Latest sponsor-wide plan assets
- $479M 24.507232657856477% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 1,218 | $385M |
| 2023 | 1 | 1,184 | $434M |
| 2024 | 1 | 1,218 | $479M |
Nearby Defined Benefit (Pension) Plans in New York
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- IBM Personal Pension Plan $25.0B · 14,881
- Consolidated Edison Retirement Plan $16.2B · 10,779
- 1199seiu Health Care Employees Pension Fund $16.2B · 107,582
- Pfizer Consolidated Pension Plan $11.0B · 9,616
- Pepsico Employees Retirement Plan I $7.6B · 12,289
Laborers Local 1298 of Nassau & Suffolk Counties Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside New York, the nearest Defined Benefit (Pension) by assets is Medianews Group Pension Plan in CO ($434M); by covered participants it is Laborers Pension Trust Fund for Northern Nevada in NV (1,184 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($434M here).
- Medianews Group Pension Plan (CO) $434M · 213
- Retirement Plan for Employees of Ben E. Keith Company and Its Affiliates (TX) $435M · 2,641
- Cement Masons and Plasterers Retirement Plan (WA) $433M · 1,325
- Yale New Haven Health System Pension Plan (CT) $432M · 869
Similar participant headcount
Nearest other-state filings by covered participants (1,184 participants); asset peers above are excluded.
- Laborers Pension Trust Fund for Northern Nevada (NV) 1,184 · 0 off
- Huntington Memorial Hospital Retirement Plan (CA) 1,185 · 1 off
- The Trane Merged Hourly Pension Plan (NC) 1,183 · 1 off
- Kaiser Permanente Physicians and Employees Retirement Plan (CA) 1,185 · 1 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.