Defined Benefit (Pension) · DOL Form 5500 · 2023
Board of Trustees,Laborers Pension Trust Fund-Detroit and Vicinity Pension Plan
Data updated 2026-08-11
- $828M
- Total assets
- 3,153
- Participants
- 98th
- Percentile by assets
- $262,608
- Avg per participant
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.
- 98th percentile by assets (of 127,072 plans)
- #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.
- $828M
- total plan assets (2023 EOY)
- 3,153
- covered participants
- 98th
- percentile by assets (of 127,072 plans)
- $262,608
- avg assets per participant
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.
Participants vs Michigan filers
In Michigan, the average filing covers about 638 participants across 4,220 plans. Laborers Pension Trust Fund - Detroit and Vicinity reports 3,153 participants - 4.9x that state average ($828M EOY assets).
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)
| 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.
Laborers Pension Trust Fund - Detroit and Vicinity vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants
- 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
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Laborers Pension Trust Fund - Detroit and Vicinity by total assets, not by location.
- 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
Frequently Asked Questions
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How have Board of Trustees,Laborers Pension Trust Fund-Detroit and Vicinity plan assets changed over time? ▼
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Filing takeaways
Ways to act on Laborers Pension Trust Fund - Detroit and Vicinity's numbers.
- By total assets, Laborers Pension Trust Fund - Detroit and Vicinity 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 Michigan. Compare plans
- Board of Trustees,Laborers Pension Trust Fund-Detroit and Vicinity's sponsor-wide assets have grown 14.9% since 2022 across 3 plan years on file. More Construction plans