Defined Benefit (Pension) · DOL Form 5500 · 2023

Asbestos Workers Philadelphia Pension Fund Pension Plan

Data updated 2026-08-25

$239M
Total assets Near avg plan size
459
Participants Below avg headcount
95th
Percentile by assets National rank
$521,481
Avg per participant High balance/head
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Official DOL plan name: Asbestos Workers Philadelphia Pension Fund · Sponsored by Asbestos Workers Philadelphia Pension Fund · Pennsylvania · Construction

$239M in assets, 459 participants

Asbestos Workers Philadelphia Pension Fund's Asbestos Workers Philadelphia Pension Fund reported $239M in total assets and 459 participants in its 2023 DOL Form 5500 filing, ranking in the 95th 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.

  • #8,540 in Construction (9,030 peers)

Where Asbestos Workers Philadelphia Pension Fund sits by assets

Asbestos Workers Philadelphia Pension Fund sits in the top 5% of all filed plans by assets, $239M for 459 participants (~$521,481/participant), down 2.7% in 2023.

#8,540
in Construction (9,030 peers)
-2.7%
assets change YoY
2.4×
vs typical plan assets (national mean)

Asbestos Workers Philadelphia Pension Fund's outsized position by total assets

Asbestos Workers Philadelphia Pension Fund vs every filed plan by assets

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

$239,359,624 Top 5% higher than 95% 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

Asbestos Workers Philadelphia Pension Fund among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Asbestos Workers Philadelphia Pension Fund sits mid-pack in the medium band (459 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Asbestos Workers Philadelphia Pension Fund reported net income rose from $890K in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • Asbestos Workers Philadelphia Pension Fund end-of-year assets fell from $246M in the plan year 2022 filing to $239M in the plan year 2023 filing.
  • Asbestos Workers Philadelphia Pension Fund reported participants fell from 471 in the plan year 2022 filing to 459 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 236406511 · Asbestos Workers Philadelphia Pension Fund PY 2023 · Defined Benefit (Pension)

Asbestos Workers Philadelphia Pension Fund · $239M · 459 · 95th

  • BOY $239M
  • BOY 459
  • BOY 95th
  • BOY Defined Benefit (Pension)
  • BOY near Spectrum Health Pension Plan
  • BOY ind #8540

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 →

Asbestos Workers Philadelphia Pension Fund in the asset neighbourhood

Constellium Rolled Products Master Retirement TrustConstellium Rolled Products …$240MAsbestos Workers Philadelphia Pension FundAsbestos Workers Philadelphi…$239MSpectrum Health Pension Plan$239MRopes & Gray LLP Pension Plan$239MPedernales Electric Cooperative, Inc. Employees Defined Benefit Retirement PlanPedernales Electric Cooperat…$239M
End-of-year total assets ($M) among Asbestos Workers Philadelphia Pension 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)$246M
Net Assets (End of Year)$221M
Net Income$1M
Employer EIN236406511
Plan Effective Date1959-07-15
Filing StatusFILING RECEIVED

Sponsor Plan History (Asbestos Workers Philadelphia Pension Fund)

Sponsor-wide plan assets over time

All Asbestos Workers Philadelphia Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$238M 3.3212197709494276% vs 2022
2024 filing year
$235M$240M$245M$250M 202220232024 $246M $238M ▼ -3.3%
Year Plans Participants Total Assets
2022 1 471 $246M
2023 1 459 $239M
2024 1 466 $238M

Nearby Defined Benefit (Pension) Plans in Pennsylvania

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

Asbestos Workers Philadelphia Pension Fund vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Asbestos Workers Philadelphia Pension Fund, Total assets ($B): 0.239359624 · Participants: 459Asbestos Workers Philadelphia Pension FundNational 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
Asbestos Workers Philadelphia Pension Fund vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants

Asbestos Workers Philadelphia Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Pennsylvania, the nearest Defined Benefit (Pension) by assets is Spectrum Health Pension Plan in MI ($239M); by covered participants it is Plumbers & Pipefitters Local Union No. 74 Pension Fund in DE (459 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (459 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 Asbestos Workers Philadelphia Pension Fund assets move in 2023?
Asbestos Workers Philadelphia Pension Fund edged down modestly - down 2.7% during 2023, from $246M to $239M. Reported net income was $1M.
How have Asbestos Workers Philadelphia Pension Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Asbestos Workers Philadelphia Pension Fund's sponsor-wide assets declined 3.3%, from $246M to $238M.
Where does Asbestos Workers Philadelphia Pension Fund rank by assets among Form 5500 filers?
Asbestos Workers Philadelphia Pension Fund ranks in the 95th 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 Asbestos Workers Philadelphia Pension Fund?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Spectrum Health Pension Plan in MI ($239M, 2,362 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Asbestos Workers Philadelphia Pension Fund?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Plumbers & Pipefitters Local Union No. 74 Pension Fund in DE (459 participants, $171M in assets).