Defined Benefit (Pension) · DOL Form 5500 · 2023

Trustees of Local 295 I.B.T. Employer Group Pension Trust Fund Pension Plan

Data updated 2026-08-25

$615M
Total assets Above avg plan size
1,550
Participants Near avg headcount
98th
Percentile by assets National rank
$396,894
Avg per participant High balance/head
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Official DOL plan name: Local 295 I.B.T. Employer Group Pension Trust Fund · Sponsored by Trustees of Local 295 I.B.T. Employer Group Pension Trust Fund · New York · Transportation & Warehousing

$615M in assets, 1,550 participants

Trustees of Local 295 I.B.T. Employer Group Pension Trust Fund's Local 295 I.B.T. Employer Group Pension Trust Fund reported $615M in total assets and 1,550 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.

  • #3,250 in Transportation & Warehousing (3,362 peers)

Where Local 295 I.B.T. Employer Group Pension Trust Fund sits by assets

Local 295 I.B.T. Employer Group Pension Trust Fund sits in the top 5% of all filed plans by assets, $615M for 1,550 participants (~$396,894/participant), up 8.2% in 2023.

#3,250
in Transportation & Warehousing (3,362 peers)
+8.2%
assets growth YoY
6.2×
vs typical plan assets (national mean)

Local 295 I.B.T. Employer Group Pension Trust Fund's outsized position by total assets

Local 295 I.B.T. Employer Group Pension Trust Fund vs every filed plan by assets

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

$615,186,420 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

Local 295 I.B.T. Employer Group Pension Trust 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. Local 295 I.B.T. Employer Group Pension Trust Fund lands in the large band (1,550 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Local 295 I.B.T. Employer Group Pension Trust Fund reported net income rose from $18M in the plan year 2022 filing to $47M in the plan year 2023 filing.
  • Local 295 I.B.T. Employer Group Pension Trust Fund end-of-year assets rose from $568M in the plan year 2022 filing to $615M in the plan year 2023 filing.
  • Local 295 I.B.T. Employer Group Pension Trust Fund reported participants rose from 1,518 in the plan year 2022 filing to 1,550 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 116172155 · Trustees of Local 295 I.B.T. Employer Group Pension Trust Fund PY 2023 · Defined Benefit (Pension)

Local 295 I.B.T. Employer Group Pension Trust Fund · $615M · 1,550 · 98th

  • NET $615M
  • BOOK 1,550
  • VS-ST 98th
  • BOY Defined Benefit (Pension)
  • SCH near General Dynamics Retirement Plan (Land Systems)
  • EBSA ind #3250

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 Transportation & Warehousing retirement plans → · Plans in New York →

Local 295 I.B.T. Employer Group Pension Trust Fund in the asset neighbourhood

Retirement Plan for the Hourly Employees of MsdRetirement Plan for the Hour…$617MShelter Insurance Employees Retirement PlanShelter Insurance Employees …$616MGeneral Dynamics Retirement Plan (Land Systems)General Dynamics Retirement …$615MLocal 295 I.B.T. Employer Group Pension Trust FundLocal 295 I.B.T. Employer Gr…$615MChristiana Care Health Services, Inc. Retirement PlanChristiana Care Health Servi…$615M
End-of-year total assets ($M) among Local 295 I.B.T. Employer Group Pension Trust Fund and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$568M
Net Assets (End of Year)$615M
Net Income$47M
Employer EIN116172155
Plan Effective Date1953-04-06
Filing StatusFILING RECEIVED

Sponsor Plan History (Trustees of Local 295 I.B.T. Employer Group Pension Trust Fund)

Sponsor-wide plan assets over time

All Trustees of Local 295 I.B.T. Employer Group Pension Trust Fund plans reported in each filing year

Latest sponsor-wide plan assets
$640M 12.630465450602923% vs 2022
2024 filing year
$550M$600M$650M 202220232024 $568M $640M ▲ +12.6%
Year Plans Participants Total Assets
2022 1 1,518 $568M
2023 1 1,550 $615M
2024 1 1,522 $640M

Nearby Defined Benefit (Pension) Plans in New York

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

Local 295 I.B.T. Employer Group Pension Trust Fund vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -100102030 Total assets ($B) Participants Local 295 I.B.T. Employer Group Pension Trust Fund, Total assets ($B): 0.61518642 · Participants: 1550Local 295 I.B.T. Employer Group Pension Trust 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
Local 295 I.B.T. Employer Group Pension Trust Fund vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants

Local 295 I.B.T. Employer Group Pension Trust Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New York, the nearest Defined Benefit (Pension) by assets is General Dynamics Retirement Plan (Land Systems) in VA ($615M); by covered participants it is Summa Health Retirement Income Plan and Trust in OH (1,548 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,550 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 Local 295 I.B.T. Employer Group Pension Trust Fund assets move in 2023?
Local 295 I.B.T. Employer Group Pension Trust Fund grew at a solid clip - up 8.2% during 2023, from $568M to $615M. Reported net income was $47M.
How have Trustees of Local 295 I.B.T. Employer Group Pension Trust Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Trustees of Local 295 I.B.T. Employer Group Pension Trust Fund's sponsor-wide assets grew 12.6%, from $568M to $640M.
Where does Local 295 I.B.T. Employer Group Pension Trust Fund rank by assets among Form 5500 filers?
Local 295 I.B.T. Employer Group Pension Trust 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 Local 295 I.B.T. Employer Group Pension Trust Fund?
Among Defined Benefit (Pension) plans in other states, the closest by assets is General Dynamics Retirement Plan (Land Systems) in VA ($615M, 1,096 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Local 295 I.B.T. Employer Group Pension Trust Fund?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Summa Health Retirement Income Plan and Trust in OH (1,548 participants, $193M in assets).