Defined Benefit (Pension) · DOL Form 5500 · 2023

Metal Trades Branch Local 638 Pension Fund Pension Plan

Data updated 2026-08-25

$925M
Total assets Above avg plan size
3,267
Participants Above avg headcount
98th
Percentile by assets National rank
$283,227
Avg per participant High balance/head
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Official DOL plan name: Metal Trades Branch Local 638 Pension Fund · Sponsored by Metal Trades Branch Local 638 Pension Fund · New York · Construction

$925M in assets, 3,267 participants

Metal Trades Branch Local 638 Pension Fund's Metal Trades Branch Local 638 Pension Fund reported $925M in total assets and 3,267 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.

  • #8,901 in Construction (9,030 peers)

Coverage in New York

Metal Trades Branch Local 638 Pension Fund covers 3,267 participants in New York, 4.1x the typical New York plan (state average ~798 per filing). Assets: $925M.

#8,901
in Construction (9,030 peers)
+9.7%
assets growth YoY
9.3×
vs typical plan assets (national mean)

Metal Trades Branch Local 638 Pension Fund's outsized position by total assets

Metal Trades Branch Local 638 Pension Fund vs every filed plan by assets

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

$925,302,912 Top 2% higher than 98% 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

Metal Trades Branch Local 638 Pension Fund's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Metal Trades Branch Local 638 Pension Fund lands in the large band (3,267 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Metal Trades Branch Local 638 Pension Fund reported net income rose from $53M in the plan year 2022 filing to $79M in the plan year 2023 filing.
  • Metal Trades Branch Local 638 Pension Fund end-of-year assets rose from $843M in the plan year 2022 filing to $925M in the plan year 2023 filing.
  • Metal Trades Branch Local 638 Pension Fund reported participants fell from 3,291 in the plan year 2022 filing to 3,267 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 132541630 · Metal Trades Branch Local 638 Pension Fund PY 2023 · Defined Benefit (Pension)

Metal Trades Branch Local 638 Pension Fund · $925M · 3,267 · 98th

  • TYPE $925M
  • NET 3,267
  • BOOK 98th
  • VS-ST Defined Benefit (Pension)
  • BOY near Duquesne Light Company Defined Benefit Retirement Plan
  • SCH ind #8901

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 Construction retirement plans → · Plans in New York →

Metal Trades Branch Local 638 Pension Fund in the asset neighbourhood

Operating Engineers Local 101 Pension FundOperating Engineers Local 10…$930MIron Workers' Mid-America Pension PlanIron Workers' Mid-America Pe…$928MMetal Trades Branch Local 638 Pension FundMetal Trades Branch Local 63…$925MDuquesne Light Company Defined Benefit Retirement PlanDuquesne Light Company Defin…$925MEdison Pension Plan$922M
End-of-year total assets ($M) among Metal Trades Branch Local 638 Pension Fund and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

New York filing particulars

Total Assets (Beginning of Year)$843M
Net Assets (End of Year)$920M
Net Income$79M
Employer EIN132541630
Plan Effective Date1965-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Metal Trades Branch Local 638 Pension Fund)

Sponsor-wide plan assets over time

All Metal Trades Branch Local 638 Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$1.0B 21.1507695056823% vs 2022
2024 filing year
$0.8B$0.9B$1B$1.1B 202220232024 $0.84B $1.02B ▲ +21.4%
Year Plans Participants Total Assets
2022 1 3,291 $843M
2023 1 3,267 $925M
2024 1 3,333 $1.0B

Nearby Defined Benefit (Pension) Plans in New York

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

Metal Trades Branch Local 638 Pension Fund vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -100102030 Total assets ($B) Participants Metal Trades Branch Local 638 Pension Fund, Total assets ($B): 0.925302912 · Participants: 3267Metal Trades Branch Local 638 Pension FundIBM Personal Pension Plan, Total assets ($B): 24.955758896 · Participants: 14881IBM Personal Pension PlanConsolidated Edison Retirement Plan, Total assets ($B): 16.184377155 · Participants: 10779Consolidated Edison Retirement Plan1199seiu Health Care Employees Pension Fund, Total assets ($B): 16.16620463 · Participants: 1075821199seiu Health Care Employees Pension FundPfizer Consolidated Pension Plan, Total assets ($B): 10.955262618 · Participants: 9616Pfizer Consolidated Pension PlanPepsico Employees Retirement Plan I, Total assets ($B): 7.599669 · Participants: 12289Pepsico Employees Retirement Plan I
Metal Trades Branch Local 638 Pension Fund vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants

Metal Trades Branch Local 638 Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New York, the nearest Defined Benefit (Pension) by assets is Duquesne Light Company Defined Benefit Retirement Plan in PA ($925M); by covered participants it is Formosa Plastics Corporation, U.S.a. Pension Plan in NJ (3,275 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($925M here).

Similar participant headcount

Nearest other-state filings by covered participants (3,267 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 Metal Trades Branch Local 638 Pension Fund assets move in 2023?
Metal Trades Branch Local 638 Pension Fund grew at a solid clip - up 9.7% during 2023, from $843M to $925M. Reported net income was $79M.
How have Metal Trades Branch Local 638 Pension Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Metal Trades Branch Local 638 Pension Fund's sponsor-wide assets grew 21.2%, from $843M to $1.0B.
Where does Metal Trades Branch Local 638 Pension Fund rank by assets among Form 5500 filers?
Metal Trades Branch Local 638 Pension Fund 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 Metal Trades Branch Local 638 Pension Fund?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Duquesne Light Company Defined Benefit Retirement Plan in PA ($925M, 336 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Metal Trades Branch Local 638 Pension Fund?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Formosa Plastics Corporation, U.S.a. Pension Plan in NJ (3,275 participants, $329M in assets).