Defined Benefit (Pension) · DOL Form 5500 · 2023

Board of Trustees of the Building Service 32bj Pension Fund Pension Plan

Data updated 2026-08-11

$4.1B
Total assets
55,540
Participants
100th
Percentile by assets
$73,796
Avg per participant
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Official DOL plan name: Building Service 32bj Pension Fund · Sponsored by Board of Trustees of the Building Service 32bj Pension Fund · New York · Administrative & Support Services

$4.1B in assets, 55,540 participants

Board of Trustees of the Building Service 32bj Pension Fund's Building Service 32bj Pension Fund reported $4.1B in total assets and 55,540 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)
  • #4,372 in Administrative & Support Services (4,372 peers)

Coverage in New York

Building Service 32bj Pension Fund covers 55,540 participants in New York, 70x the typical New York plan (state average ~798 per filing). Assets: $4.1B.

$4.1B
total plan assets (2023 EOY)
55,540
covered participants
100th
percentile by assets (of 127,072 plans)
$73,796
avg assets per participant

Where Building Service 32bj Pension Fund sits by total assets

Building Service 32bj Pension Fund vs every filed plan by assets

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

$4,098,630,272 Top 1% higher than 100% of 127,068 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Building Service 32bj Pension Fund reported net income rose from $288M in the plan year 2022 filing to $586M in the plan year 2023 filing.
  • Building Service 32bj Pension Fund end-of-year assets rose from $3.5B in the plan year 2022 filing to $4.1B in the plan year 2023 filing.
  • Building Service 32bj Pension Fund reported participants rose from 54,120 in the plan year 2022 filing to 55,540 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Participants vs New York filers

In New York, the average filing covers about 798 participants across 9,061 plans. Building Service 32bj Pension Fund reports 55,540 participants - 70x that state average ($4.1B EOY assets).

New York filing particulars

Total Assets (Beginning of Year)$3.5B
Net Assets (End of Year)$4.1B
Net Income$586M
Employer EIN131879376
Plan Effective Date1978-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees of the Building Service 32bj Pension Fund)

$3B$3.5B$4B$4.5B$5B 202220232024 $3.52B $4.57B ▲ +29.8%
Total plan assets by year, all Board of Trustees of the Building Service 32bj Pension Fund plans on file
Year Plans Participants Total Assets
2022 1 54,120 $3.5B
2023 1 55,540 $4.1B
2024 1 53,357 $4.6B

Nearby Defined Benefit (Pension) Plans in New York

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

Building Service 32bj Pension Fund vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants

Building Service 32bj Pension Fund vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants Scatter plot of 6 data points. 050000100000150000 051015202530 Total assets ($B) Participants Building Service 32b…IBM Personal Pension…Consolidated Edison …1199seiu Health Care…Pfizer Consolidated …Pepsico Employees Re…
Building Service 32bj Pension Fund vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants

Scale composition for Building Service 32bj Pension Fund

Building Service 32bj Pension Fund reports $4.1B in end-of-year assets across 55,540 participants (0.033% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.059% of 93,925,755 covered participants) - about $73,796 per participant (53% of the national average assets-per-participant) . Net income for plan year 2023 was $586M.

This plan identity (EIN 131879376, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $3.5B to $4.6B (+30.1%) while covered participants moved from 54,120 to 53,357 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 54,120 $3.5B Open filing
2023 55,540 $4.1B This page
2024 · index core 53,357 $4.6B Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Building Service 32bj Pension Fund by total assets, not by location.

Frequently Asked Questions

How did Building Service 32bj Pension Fund assets move in 2023?
Building Service 32bj Pension Fund grew sharply - up 16.5% during 2023, from $3.5B to $4.1B. Reported net income was $586M.
How have Board of Trustees of the Building Service 32bj Pension Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees of the Building Service 32bj Pension Fund's sponsor-wide assets grew 30.1%, from $3.5B to $4.6B.
Where does Building Service 32bj Pension Fund rank by assets among Form 5500 filers?
Building Service 32bj Pension Fund ranks in the 100th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to Building Service 32bj Pension Fund?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Cigna Pension Plan in PA ($4.1B, 9,040 participants).

Filing takeaways

Ways to act on Building Service 32bj Pension Fund's numbers.