Defined Benefit (Pension) · DOL Form 5500 · 2023

Trustees of Laborers Local 57 Industrial Pension Pension Plan

Data updated 2026-08-25

$318M
Total assets Above avg plan size
1,480
Participants Near avg headcount
96th
Percentile by assets National rank
$214,767
Avg per participant Above avg balance/head
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Official DOL plan name: Laborers Local 57 Industrial Pension Plan · Sponsored by Trustees of Laborers Local 57 Industrial Pension · Pennsylvania · Construction

$318M in assets, 1,480 participants

Trustees of Laborers Local 57 Industrial Pension's Laborers Local 57 Industrial Pension Plan reported $318M in total assets and 1,480 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.

  • #8,640 in Construction (9,030 peers)

Where Laborers Local 57 Industrial Pension Plan sits by assets

Laborers Local 57 Industrial Pension Plan sits in the top 5% of all filed plans by assets, $318M for 1,480 participants (~$214,767/participant), up 7.4% in 2023.

#8,640
in Construction (9,030 peers)
+7.4%
assets growth YoY
3.2×
vs typical plan assets (national mean)

Laborers Local 57 Industrial Pension Plan's outsized position by total assets

Laborers Local 57 Industrial Pension Plan vs every filed plan by assets

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

$317,854,853 Top 4% higher than 96% 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

Laborers Local 57 Industrial Pension Plan'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. Laborers Local 57 Industrial Pension Plan lands in the large band (1,480 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Laborers Local 57 Industrial Pension Plan reported net income rose from $11M in the plan year 2022 filing to $22M in the plan year 2023 filing.
  • Laborers Local 57 Industrial Pension Plan end-of-year assets rose from $296M in the plan year 2022 filing to $318M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 231627410 · Trustees of Laborers Local 57 Industrial Pension PY 2023 · Defined Benefit (Pension)

Laborers Local 57 Industrial Pension Plan · $318M · 1,480 · 96th

  • IND $318M
  • IND 1,480
  • IND 96th
  • IND Defined Benefit (Pension)
  • IND near Local No. 1 Pension Trust Fund
  • IND ind #8640

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 Pennsylvania →

Laborers Local 57 Industrial Pension Plan in the asset neighbourhood

Lvmh Affiliates' Retirement PlanLvmh Affiliates' Retirement …$319MGibson, Dunn & Crutcher LLP Partners Cash Balance PlanGibson, Dunn & Crutcher LLP …$319MLaborers Local 57 Industrial Pension PlanLaborers Local 57 Industrial…$318MLocal No. 1 Pension Trust FundLocal No. 1 Pension Trust Fu…$318MCincinnati Financial Corporation Retirement PlanCincinnati Financial Corpora…$318M
End-of-year total assets ($M) among Laborers Local 57 Industrial Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$296M
Net Assets (End of Year)$317M
Net Income$22M
Employer EIN231627410
Plan Effective Date1962-12-23
Filing StatusFILING RECEIVED

Sponsor Plan History (Trustees of Laborers Local 57 Industrial Pension)

Sponsor-wide plan assets over time

All Trustees of Laborers Local 57 Industrial Pension plans reported in each filing year

Latest sponsor-wide plan assets
$338M 14.298930658559545% vs 2022
2024 filing year
$280M$300M$320M$340M$360M 202220232024 $296M $338M ▲ +14.3%
Year Plans Participants Total Assets
2022 1 1,471 $296M
2023 1 1,480 $318M
2024 1 1,369 $338M

Nearby Defined Benefit (Pension) Plans in Pennsylvania

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

Laborers Local 57 Industrial Pension Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Laborers Local 57 Industrial Pension Plan, Total assets ($B): 0.317854853 · Participants: 1480Laborers Local 57 Industrial Pension PlanNational Elevator Industry Pension Plan, Total assets ($B): 11.224377797 · Participants: 27434National Elevator Industry Pension PlanSteelworkers Pension Trust, Total assets ($B): 6.602912146 · Participants: 47052Steelworkers Pension TrustThe PNC Financial Services Group, Inc. Pension Plan, Total assets ($B): 5.63715 · Participants: 63680The PNC Financial Services Group, Inc. Pension PlanConstellation Retirement Program, Total assets ($B): 5.323012123 · Participants: 5080Constellation Retirement ProgramThe Bank of New York Mellon Corporation Pension Plan, Total assets ($B): 5.257223708 · Participants: 7374The Bank of New York Mellon Corporation Pension Plan
Laborers Local 57 Industrial Pension Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants
Compare Laborers Local 57 Industrial Pension Plan side-by-side with 3 peers →

Laborers Local 57 Industrial Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Pennsylvania, the nearest Defined Benefit (Pension) by assets is Local No. 1 Pension Trust Fund in IL ($318M); by covered participants it is Bridgestone Americas, Inc. Non-Contributory Pension Plan in TN (1,480 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($318M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,480 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 Laborers Local 57 Industrial Pension Plan assets move in 2023? ▼
Laborers Local 57 Industrial Pension Plan grew at a solid clip - up 7.4% during 2023, from $296M to $318M. Reported net income was $22M.
How have Trustees of Laborers Local 57 Industrial Pension plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Trustees of Laborers Local 57 Industrial Pension's sponsor-wide assets grew 14.3%, from $296M to $338M.
Where does Laborers Local 57 Industrial Pension Plan rank by assets among Form 5500 filers? ▼
Laborers Local 57 Industrial Pension Plan ranks in the 96th 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 Laborers Local 57 Industrial Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Local No. 1 Pension Trust Fund in IL ($318M, 3,813 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Laborers Local 57 Industrial Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Bridgestone Americas, Inc. Non-Contributory Pension Plan in TN (1,480 participants, $502M 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 231627410.

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.