Defined Benefit (Pension) · DOL Form 5500 · 2023
Board of Trustees,Laborers Pension Trust Fund-Detroit and Vicinity Pension Plan
Data updated 2026-08-25
- $828M
- Total assets Above avg plan size
- 3,153
- Participants Above avg headcount
- 98th
- Percentile by assets National rank
- $262,608
- Avg per participant High balance/head
Official DOL plan name: Laborers Pension Trust Fund - Detroit and Vicinity · Sponsored by Board of Trustees,Laborers Pension Trust Fund-Detroit and Vicinity · Michigan · Construction
$828M in assets, 3,153 participants
Board of Trustees,Laborers Pension Trust Fund-Detroit and Vicinity's Laborers Pension Trust Fund - Detroit and Vicinity reported $828M in total assets and 3,153 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.
- #8,884 in Construction (9,030 peers)
Coverage in Michigan
Laborers Pension Trust Fund - Detroit and Vicinity covers 3,153 participants in Michigan, 4.9x the typical Michigan plan (state average ~638 per filing). Assets: $828M.
- #8,884
- in Construction (9,030 peers)
- +7.4%
- assets growth YoY
- 8.3×
- vs typical plan assets (national mean)
Laborers Pension Trust Fund - Detroit and Vicinity's outsized position by total assets
Laborers Pension Trust Fund - Detroit and Vicinity vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$828,002,647 Top 2% higher than 98% 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 Pension Trust Fund - Detroit and Vicinity'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 Pension Trust Fund - Detroit and Vicinity lands in the large band (3,153 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Laborers Pension Trust Fund - Detroit and Vicinity reported net income rose from -$36M in the plan year 2022 filing to $57M in the plan year 2023 filing.
- Laborers Pension Trust Fund - Detroit and Vicinity reported participants fell from 4,205 in the plan year 2022 filing to 3,153 in the plan year 2023 filing.
- Laborers Pension Trust Fund - Detroit and Vicinity end-of-year assets rose from $771M in the plan year 2022 filing to $828M in the plan year 2023 filing.
Published 5500 schedule card
Filing strip 516030973 · Board of Trustees,Laborers Pension Trust Fund-Detroit and Vicinity PY 2023 · Defined Benefit (Pension)
Laborers Pension Trust Fund - Detroit and Vicinity · $828M · 3,153 · 98th
- VS-ST $828M
- BOY 3,153
- SCH 98th
- EBSA Defined Benefit (Pension)
- PART near Modern Woodmen of America Employees' Retirement Plan
- TYPE ind #8884
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 Michigan →
Laborers Pension Trust Fund - Detroit and Vicinity in the asset neighbourhood
Michigan filing particulars
| Total Assets (Beginning of Year) | $771M |
|---|---|
| Net Assets (End of Year) | $826M |
| Net Income | $57M |
| Employer EIN | 516030973 |
| Plan Effective Date | 1958-07-09 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees,Laborers Pension Trust Fund-Detroit and Vicinity)
Sponsor-wide plan assets over time
All Board of Trustees,Laborers Pension Trust Fund-Detroit and Vicinity plans reported in each filing year
- Latest sponsor-wide plan assets
- $886M 14.920817613465786% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 4,205 | $771M |
| 2023 | 1 | 3,153 | $828M |
| 2024 | 1 | 3,016 | $886M |
Nearby Defined Benefit (Pension) Plans in Michigan
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- General Motors Hourly-Rate Employees Pension Plan $44.8B · 17,959
- Ford Motor Company UAW Retirement Plan $19.3B · 26,442
- Ford Motor Company General Retirement Plan $12.7B · 10,215
- Dow Employees' Pension Plan $11.5B · 14,051
- Fca US LLC UAW Pension Agreement $11.2B · 13,635
Laborers Pension Trust Fund - Detroit and Vicinity's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Michigan, the nearest Defined Benefit (Pension) by assets is Modern Woodmen of America Employees' Retirement Plan in IL ($828M); by covered participants it is Unum Group Pension Plan in ME (3,140 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($828M here).
- Modern Woodmen of America Employees' Retirement Plan (IL) $828M · 1,003
- California Water Service Company Pension Plan (CA) $826M · 1,207
- Ahold USA, Inc. Pension Plan (MA) $826M · 2,234
- San Diego Gas & Electric Company Cash Balance Plan (CA) $831M · 4,365
Similar participant headcount
Nearest other-state filings by covered participants (3,153 participants); asset peers above are excluded.
- Unum Group Pension Plan (ME) 3,140 · 13 off
- Suburban Teamsters of Northern Illinois Pension Plan (IL) 3,131 · 22 off
- Teamsters Joint Council No. 83 of Virginia Pension Fund (VA) 3,126 · 27 off
- Siemens Medical Solutions USA, Inc. Pension Plan (PA) 3,181 · 28 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.