Defined Benefit (Pension) · DOL Form 5500 · 2023

Board of Trustees of Industry and Local 338 Pension Fund Pension Plan

Data updated 2026-08-25

$102M
Total assets Near avg plan size
232
Participants Below avg headcount
91st
Percentile by assets National rank
$440,873
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Industry and Local 338 Pension Fund · Sponsored by Board of Trustees of Industry and Local 338 Pension Fund · Maryland · Manufacturing

$102M in assets, 232 participants

Board of Trustees of Industry and Local 338 Pension Fund's Industry and Local 338 Pension Fund reported $102M in total assets and 232 participants in its 2023 DOL Form 5500 filing, ranking in the 91st 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.

  • #16,302 in Manufacturing (18,722 peers)

Coverage in Maryland

Industry and Local 338 Pension Fund covers 232 participants in Maryland, about 25% of the average Maryland filer (state average ~929 per filing). Assets: $102M.

#16,302
in Manufacturing (18,722 peers)
+6.2%
assets growth YoY
1.0×
vs typical plan assets (national mean)

Industry and Local 338 Pension Fund's outsized position by total assets

Industry and Local 338 Pension Fund vs every filed plan by assets

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

$102,282,540 Top 9% higher than 91% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Industry and Local 338 Pension Fund among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Industry and Local 338 Pension Fund sits mid-pack in the medium band (232 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Industry and Local 338 Pension Fund reported net income rose from $3M in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • Industry and Local 338 Pension Fund reported participants rose from 215 in the plan year 2022 filing to 232 in the plan year 2023 filing.
  • Industry and Local 338 Pension Fund end-of-year assets rose from $96M in the plan year 2022 filing to $102M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 516126649 · Board of Trustees of Industry and Local 338 Pension Fund PY 2023 · Defined Benefit (Pension)

Industry and Local 338 Pension Fund · $102M · 232 · 91st

  • PART $102M
  • TYPE 232
  • NET 91st
  • BOOK Defined Benefit (Pension)
  • VS-ST near Aecom Pension Plan
  • BOY ind #16302

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 Manufacturing retirement plans → · Plans in Maryland →

Industry and Local 338 Pension Fund in the asset neighbourhood

Upstate New York Bakery Drivers and Industry Pension FundUpstate New York Bakery Driv…$102MPlumbers Union Local No. 55 Pension PlanPlumbers Union Local No. 55 …$102MThe Dial Corporation Future Security PlanThe Dial Corporation Future …$102MAecom Pension Plan$102MIndustry and Local 338 Pension FundIndustry and Local 338 Pensi…$102M
End-of-year total assets ($M) among Industry and Local 338 Pension Fund and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Maryland filing particulars

Total Assets (Beginning of Year)$96M
Net Assets (End of Year)$102M
Net Income$6M
Employer EIN516126649
Plan Effective Date1950-06-26
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees of Industry and Local 338 Pension Fund)

Sponsor-wide plan assets over time

All Board of Trustees of Industry and Local 338 Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$110M 13.71715335692648% vs 2022
2024 filing year
$90M$95M$100M$105M$110M$115M 202220232024 $96.3M $110M ▲ +13.7%
Year Plans Participants Total Assets
2022 1 215 $96M
2023 1 232 $102M
2024 1 232 $110M

Nearby Defined Benefit (Pension) Plans in Maryland

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

Industry and Local 338 Pension Fund vs. nearby Defined Benefit (Pension) plans in Maryland, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -505101520 Total assets ($B) Participants Industry and Local 338 Pension Fund, Total assets ($B): 0.10228254 · Participants: 232Industry and Local 338 Pension FundNational Electrical Benefit Fund, Total assets ($B): 18.88881693 · Participants: 323315National Electrical Benefit FundLockheed Martin Corporation Salaried Employee Retirement Program, Total assets ($B): 18.434547593 · Participants: 19673Lockheed Martin Corporation Salaried Employee Retirement ProgramMajor League Baseball Players Pension Plan, Total assets ($B): 4.648661647 · Participants: 1087Major League Baseball Players Pension PlanNational Automatic Sprinkler Industry Pension Fund, Total assets ($B): 4.493297428 · Participants: 15047National Automatic Sprinkler Industry Pension FundInternational Painters and Allied Trades Industry Pension Plan, Total assets ($B): 4.223547088 · Participants: 44973International Painters and Allied Trades Industry Pension Plan
Industry and Local 338 Pension Fund vs. nearby Defined Benefit (Pension) plans in Maryland, assets vs. participants
Compare Industry and Local 338 Pension Fund side-by-side with 3 peers →

Industry and Local 338 Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Maryland, the nearest Defined Benefit (Pension) by assets is Aecom Pension Plan in TX ($102M); by covered participants it is Employees' Retirement Plan of Bank of Hawaii in HI (233 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($102M here).

Similar participant headcount

Nearest other-state filings by covered participants (232 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Industry and Local 338 Pension Fund assets move in 2023? ▼
Industry and Local 338 Pension Fund grew at a solid clip - up 6.2% during 2023, from $96M to $102M. Reported net income was $6M.
How have Board of Trustees of Industry and Local 338 Pension Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees of Industry and Local 338 Pension Fund's sponsor-wide assets grew 13.7%, from $96M to $110M.
Where does Industry and Local 338 Pension Fund rank by assets among Form 5500 filers? ▼
Industry and Local 338 Pension Fund ranks in the 91st percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Industry and Local 338 Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Aecom Pension Plan in TX ($102M, 135 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Industry and Local 338 Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Employees' Retirement Plan of Bank of Hawaii in HI (233 participants, $78M in assets).

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 516126649.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.