Defined Benefit (Pension) · DOL Form 5500 · 2023

Bay Area Painters & Tapers Pension Trust Pension Plan

Data updated 2026-08-11

$644M
Total assets
3,669
Participants
98th
Percentile by assets
$175,447
Avg per participant
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Official DOL plan name: Bay Area Painters & Tapers Pension Trust · Sponsored by Bay Area Painters & Tapers Pension Trust · California · Construction

$644M in assets, 3,669 participants

Bay Area Painters & Tapers Pension Trust's Bay Area Painters & Tapers Pension Trust reported $644M in total assets and 3,669 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)
  • #8,839 in Construction (9,030 peers)

Coverage in California

Bay Area Painters & Tapers Pension Trust covers 3,669 participants in California, 5.8x the typical California plan (state average ~630 per filing). Assets: $644M.

$644M
total plan assets (2023 EOY)
3,669
covered participants
98th
percentile by assets (of 127,072 plans)
$175,447
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Bay Area Painters & Tapers Pension Trust reported net income rose from -$69M in the plan year 2022 filing to $64M in the plan year 2023 filing.
  • Bay Area Painters & Tapers Pension Trust end-of-year assets rose from $580M in the plan year 2022 filing to $644M in the plan year 2023 filing.
  • Bay Area Painters & Tapers Pension Trust reported participants fell from 3,919 in the plan year 2022 filing to 3,669 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Participants vs California filers

In California, the average filing covers about 630 participants across 15,291 plans. Bay Area Painters & Tapers Pension Trust reports 3,669 participants - 5.8x that state average ($644M EOY assets).

California filing particulars

Total Assets (Beginning of Year)$580M
Net Assets (End of Year)$643M
Net Income$64M
Employer EIN946276501
Plan Effective Date1960-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Bay Area Painters & Tapers Pension Trust)

$0.9B$1B$1.1B$1.2B$1.3B 202220232024 $1.02B $1.24B ▲ +21.6%
Total plan assets by year, all Bay Area Painters & Tapers Pension Trust plans on file
Year Plans Participants Total Assets
2022 2 10,469 $1.0B
2023 2 10,221 $1.1B
2024 2 10,200 $1.2B

Nearby Defined Benefit (Pension) Plans in California

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

Bay Area Painters & Tapers Pension Trust vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants

Bay Area Painters & Tapers Pension Trust vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants Bay Area Painters & …Kaiser Permanente Re…Pacific Gas and Elec…Pacific Gas and Elec…Retirement Plan for …Disney Salaried Pens…
Bay Area Painters & Tapers Pension Trust vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Bay Area Painters & Tapers Pension Trust by total assets, not by location.

Frequently Asked Questions

How did Bay Area Painters & Tapers Pension Trust assets move in 2023?
Bay Area Painters & Tapers Pension Trust grew at a solid clip - up 11.0% during 2023, from $580M to $644M. Reported net income was $64M.
How have Bay Area Painters & Tapers Pension Trust plan assets changed over time?
Across 3 plan years on file (2022-2024), Bay Area Painters & Tapers Pension Trust's sponsor-wide assets grew 22.1%, from $1.0B to $1.2B.
Where does Bay Area Painters & Tapers Pension Trust rank by assets among Form 5500 filers?
Bay Area Painters & Tapers Pension Trust ranks in the 98th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Bay Area Painters & Tapers Pension Trust?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Iron Workers St. Louis District Council Pension Trust in MO ($644M, 1,935 participants).

Next read for Bay Area Painters & Tapers Pension Trust

Filing takeaways

Ways to act on Bay Area Painters & Tapers Pension Trust's numbers.

  • By total assets, Bay Area Painters & Tapers Pension Trust 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 California. Compare plans
  • Bay Area Painters & Tapers Pension Trust's sponsor-wide assets have grown 22.1% since 2022 across 3 plan years on file. More Construction plans