Defined Benefit (Pension) · DOL Form 5500 · 2023

United Association Local 7 Pension Plan Pension Plan

Data updated 2026-08-11

$257M
Total assets: 867
Participants: 96th
Percentile by assets: $296,030
Avg per participant

Official DOL plan name: United Association Local 7 Pension Plan · Sponsored by United Association Local 7 Pension Plan · New York · Construction

$257M in assets, 867 participants

United Association Local 7 Pension Plan's United Association Local 7 Pension Plan reported $257M in total assets and 867 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.

96th percentile by assets (of 127,072 plans)
#8,561 in Construction (9,030 peers)

Where United Association Local 7 Pension Plan sits by assets

United Association Local 7 Pension Plan sits in the top 5% of all filed plans by assets, $257M for 867 participants (~$296,030/participant), up 13.6% in 2023.

$257M
total plan assets (2023 EOY): 867
covered participants: 96th
percentile by assets (of 127,072 plans): $296,030
avg assets per participant

Where United Association Local 7 Pension Plan sits by total assets

United Association Local 7 Pension Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$256,658,032 Top 4% higher than 96% 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

United Association Local 7 Pension Plan reported net income rose from -$5M in the plan year 2022 filing to $31M in the plan year 2023 filing.
United Association Local 7 Pension Plan end-of-year assets rose from $226M in the plan year 2022 filing to $257M in the plan year 2023 filing.
United Association Local 7 Pension Plan reported participants rose from 835 in the plan year 2022 filing to 867 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

New York

Industry

Construction

United Association Local 7 Pension Plan vs the 2023 asset distribution

By assets, United Association Local 7 Pension Plan outranks 96% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 2.6x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)	$226M
Net Assets (End of Year)	$257M
Net Income	$31M
Employer EIN	912055384
Plan Effective Date	1954-06-01
Filing Status	FILING RECEIVED

Sponsor Plan History (United Association Local 7 Pension Plan)

Total plan assets by year, all United Association Local 7 Pension Plan plans on file

Year	Plans	Participants	Total Assets
2022	1	835	$226M
2023	1	867	$257M
2024	1	853	$281M

Nearby Defined Benefit (Pension) Plans in New York

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

United Association Local 7 Pension Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants

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

Compare United Association Local 7 Pension Plan side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to United Association Local 7 Pension Plan by total assets, not by location.

Valley National Bank Pension Plan (NJ) $256M · 687
Central Bancompany Retirement Plan (MO) $256M · 1,301
Plumbers Local No 98 Defined Benefit Pension Fund (MI) $258M · 780
Benjamin Moore & Co. Retirement Income Plan (NJ) $256M · 408

Frequently Asked Questions

How did United Association Local 7 Pension Plan assets move in 2023? ▼

United Association Local 7 Pension Plan grew at a solid clip - up 13.6% during 2023, from $226M to $257M. Reported net income was $31M.

How have United Association Local 7 Pension Plan plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), United Association Local 7 Pension Plan's sponsor-wide assets grew 24.4%, from $226M to $281M.

Where does United Association Local 7 Pension Plan rank by assets among Form 5500 filers? ▼

United Association Local 7 Pension Plan ranks in the 96th 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 United Association Local 7 Pension Plan? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is Valley National Bank Pension Plan in NJ ($256M, 687 participants).

Next read for United Association Local 7 Pension Plan

Scale reading

Ways to act on United Association Local 7 Pension Plan's numbers.

By total assets, United Association Local 7 Pension Plan 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 New York. Compare plans
United Association Local 7 Pension Plan's sponsor-wide assets have grown 24.4% since 2022 across 3 plan years on file. More Construction plans

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 912055384.