Defined Benefit (Pension) · DOL Form 5500 · 2023

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

Data updated 2026-08-25

$4.1B
Total assets Very large vs avg
55,540
Participants Very large workforce
100th
Percentile by assets National rank
$73,796
Avg per participant Below avg balance/head
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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.

  • #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.

#4,372
in Administrative & Support Services (4,372 peers)
+16.5%
assets growth YoY
41×
vs typical plan assets (national mean)

Building Service 32bj Pension Fund's outsized position 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 Highest reported value at or above every one 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

Building Service 32bj Pension Fund's mega-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Building Service 32bj Pension Fund is a mega filing (55,540 participants), the rightmost band on the breakdown.

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 →

DOL schedule card

Filing strip 131879376 · Board of Trustees of the Building Service 32bj Pension Fund PY 2023 · Defined Benefit (Pension)

Building Service 32bj Pension Fund · $4.1B · 55,540 · 100th

  • NET $4.1B
  • NET 55,540
  • NET 100th
  • NET Defined Benefit (Pension)
  • NET near Cigna Pension Plan
  • NET ind #4372

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 Administrative & Support Services retirement plans → · Plans in New York →

Building Service 32bj Pension Fund in the asset neighbourhood

The Coca-Cola Company Pension PlanThe Coca-Cola Company Pensio…$4.1BCigna Pension Plan$4.1BBuilding Service 32bj Pension FundBuilding Service 32bj Pensio…$4.1BDisney Salaried Pension Plan aDisney Salaried Pension Plan…$4.1BFca US LLC Pension Plan$4.1B
End-of-year total assets ($B) among Building Service 32bj 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)$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)

Sponsor-wide plan assets over time

All Board of Trustees of the Building Service 32bj Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$4.6B 30.07119676410199% vs 2022
2024 filing year
$3B$3.5B$4B$4.5B$5B 202220232024 $3.52B $4.57B ▲ +29.8%
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 Scatter plot of 6 data points. 050000100000150000 051015202530 Total assets ($B) Participants Building Service 32bj Pension Fund, Total assets ($B): 4.098630272 · Participants: 55540Building Service 32bj 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
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:

Building Service 32bj 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 Cigna Pension Plan in PA ($4.1B); by covered participants it is U.S. Bank Pension Plan in MN (56,287 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($4.1B here).

Similar participant headcount

Nearest other-state filings by covered participants (55,540 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 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).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Building Service 32bj Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is U.S. Bank Pension Plan in MN (56,287 participants, $4.0B in assets).