Defined Benefit (Pension) · DOL Form 5500 · 2023
Board of Trustees Laborers Pension Trust Fund for Northern California Pension Plan
Data updated 2026-08-11
- $4.9B
- Total assets
- 21,375
- Participants
- 100th
- Percentile by assets
- $231,425
- Avg per participant
Official DOL plan name: Laborers Pension Trust Fund for Northern California · Sponsored by Board of Trustees Laborers Pension Trust Fund for Northern California · California · Construction
$4.9B in assets, 21,375 participants
Board of Trustees Laborers Pension Trust Fund for Northern California's Laborers Pension Trust Fund for Northern California reported $4.9B in total assets and 21,375 participants in its 2023 DOL Form 5500 filing, ranking in the 100th 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.
- 100th percentile by assets (of 127,072 plans)
- #9,013 in Construction (9,030 peers)
Coverage in California
Laborers Pension Trust Fund for Northern California covers 21,375 participants in California, 34x the typical California plan (state average ~630 per filing). Assets: $4.9B.
- $4.9B
- total plan assets (2023 EOY)
- 21,375
- covered participants
- 100th
- percentile by assets (of 127,072 plans)
- $231,425
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Laborers Pension Trust Fund for Northern California reported net income rose from $74M in the plan year 2022 filing to $443M in the plan year 2023 filing.
- Laborers Pension Trust Fund for Northern California end-of-year assets rose from $4.6B in the plan year 2022 filing to $4.9B in the plan year 2023 filing.
- Laborers Pension Trust Fund for Northern California reported participants fell from 21,850 in the plan year 2022 filing to 21,375 in the plan year 2023 filing.
Participants vs California filers
In California, the average filing covers about 630 participants across 15,291 plans. Laborers Pension Trust Fund for Northern California reports 21,375 participants - 34x that state average ($4.9B EOY assets).
California filing particulars
| Total Assets (Beginning of Year) | $4.6B |
|---|---|
| Net Assets (End of Year) | $4.9B |
| Net Income | $443M |
| Employer EIN | 946277608 |
| Plan Effective Date | 1963-08-02 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees Laborers Pension Trust Fund for Northern California)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 51,913 | $5.9B |
| 2023 | 2 | 51,238 | $6.3B |
| 2024 | 2 | 50,598 | $7.0B |
Nearby Defined Benefit (Pension) Plans in California
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Laborers Pension Trust Fund for Northern California vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants
- Kaiser Permanente Retirement Plan $33.5B · 127,356
- Pacific Gas and Electric Company Retirement Plan $21.4B · 22,914
- Pacific Gas and Electric Company Retirement Plan $18.0B · 25,647
- Retirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc. $10.8B · 19,545
- Disney Salaried Pension Plan D $10.1B · 10,813
Scale composition for Laborers Pension Trust Fund for Northern California
Laborers Pension Trust Fund for Northern California reports $4.9B in end-of-year assets across 21,375 participants (0.040% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.023% of 93,925,755 covered participants) - about $231,425 per participant (1.7x the national average assets-per-participant) . Net income for plan year 2023 was $443M.
This plan identity (EIN 946277608, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $4.6B to $5.5B (+19.3%) while covered participants moved from 21,850 to 21,267 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 21,850 | $4.6B | Open filing |
| 2023 | 21,375 | $4.9B | This page |
| 2024 · index core | 21,267 | $5.5B | Open filing |
The same sponsor also keeps 2 other index-core plans on PlainRetire:
- Laborers Pension Trust Fund for Northern California (Defined Benefit (Pension), $5.5B, 21,267 participants)
- Laborers Annuity Plan for Northern California (Money Purchase, $1.6B, 29,331 participants)
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Laborers Pension Trust Fund for Northern California by total assets, not by location.
- N. Atlantic States Carp. Pension Fund (MA) $5.0B · 17,166
- Pension, Hospitalization & Benefit Plan of the Electrical Industry - Pension Trust Acct (NY) $5.0B · 16,390
- Toyota Motor Sales, U.S.a., Inc. Pension Plan (TX) $4.9B · 4,644
- Chicago & Vicinity Laborers' District Council Pension Plan (IL) $4.8B · 11,655
Frequently Asked Questions
How did Laborers Pension Trust Fund for Northern California assets move in 2023? ▼
How have Board of Trustees Laborers Pension Trust Fund for Northern California plan assets changed over time? ▼
Where does Laborers Pension Trust Fund for Northern California rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Laborers Pension Trust Fund for Northern California? ▼
Next read for Laborers Pension Trust Fund for Northern…
Filing takeaways
Ways to act on Laborers Pension Trust Fund for Northern California's numbers.
- By total assets, Laborers Pension Trust Fund for Northern California ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in California. Compare plans
- Board of Trustees Laborers Pension Trust Fund for Northern California's sponsor-wide assets have grown 18.4% since 2022 across 3 plan years on file. More Construction plans