Defined Benefit (Pension) · DOL Form 5500 · 2023

Bd Tees Asbestos Wrks L 24 Pen Fd Pension Plan

Data updated 2026-08-25

$97M
Total assets Below avg plan size
484
Participants Below avg headcount
91st
Percentile by assets National rank
$199,728
Avg per participant Above avg balance/head
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Official DOL plan name: Asbestos Workers L 24 Pen Fd Def Benefit Plan · Sponsored by Bd Tees Asbestos Wrks L 24 Pen Fd · Maryland · Construction

$97M in assets, 484 participants

Bd Tees Asbestos Wrks L 24 Pen Fd's Asbestos Workers L 24 Pen Fd Def Benefit Plan reported $97M in total assets and 484 participants in its 2023 DOL Form 5500 filing, ranking in the 91st 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.

  • #8,069 in Construction (9,030 peers)

Where Asbestos Workers L 24 Pen Fd Def Benefit Plan sits by assets

Asbestos Workers L 24 Pen Fd Def Benefit Plan sits in the top 10% of all filed plans by assets, $97M for 484 participants (~$199,728/participant), up 7.0% in 2023.

#8,069
in Construction (9,030 peers)
+7.0%
assets growth YoY
1.0×
vs typical plan assets (national mean)

Asbestos Workers L 24 Pen Fd Def Benefit Plan's outsized position by total assets

Asbestos Workers L 24 Pen Fd Def Benefit Plan vs every filed plan by assets

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

$96,668,201 Top 9% higher than 91% 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 L 24 Pen Fd Def Benefit Plan 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 L 24 Pen Fd Def Benefit Plan sits mid-pack in the medium band (484 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Asbestos Workers L 24 Pen Fd Def Benefit Plan reported net income rose from $5M in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • Asbestos Workers L 24 Pen Fd Def Benefit Plan end-of-year assets rose from $90M in the plan year 2022 filing to $97M in the plan year 2023 filing.
  • Asbestos Workers L 24 Pen Fd Def Benefit Plan reported participants rose from 470 in the plan year 2022 filing to 484 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 526117923 · Bd Tees Asbestos Wrks L 24 Pen Fd PY 2023 · Defined Benefit (Pension)

Asbestos Workers L 24 Pen Fd Def Benefit Plan · $97M · 484 · 91st

  • EOY $97M
  • 5500 484
  • ASSETS 91st
  • PCT Defined Benefit (Pension)
  • EIN near The Toledo Newspaper Unions Blade Pension Plan
  • RANK ind #8069

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 Maryland →

Asbestos Workers L 24 Pen Fd Def Benefit Plan in the asset neighbourhood

Retirement Plan for Employees of Redington Fairview General HospitalRetirement Plan for Employee…$97MLaborers Local 235 Pension FundLaborers Local 235 Pension F…$97MVirtua Pension Equity Plan$97MAsbestos Workers L 24 Pen Fd Def Benefit PlanAsbestos Workers L 24 Pen Fd…$97MThe Toledo Newspaper Unions Blade Pension PlanThe Toledo Newspaper Unions …$97M
End-of-year total assets ($M) among Asbestos Workers L 24 Pen Fd Def Benefit 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)$90M
Net Assets (End of Year)$97M
Net Income$6M
Employer EIN526117923
Plan Effective Date1958-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Bd Tees Asbestos Wrks L 24 Pen Fd)

Sponsor-wide plan assets over time

All Bd Tees Asbestos Wrks L 24 Pen Fd plans reported in each filing year

Latest sponsor-wide plan assets
$136M 19.727415520428725% vs 2022
2024 filing year
$110M$120M$130M$140M 202220232024 $114M $136M ▲ +19.7%
Year Plans Participants Total Assets
2022 2 2,411 $114M
2023 2 2,351 $123M
2024 2 2,204 $136M

Nearby Defined Benefit (Pension) Plans in Maryland

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

Asbestos Workers L 24 Pen Fd Def Benefit Plan vs. nearby Defined Benefit (Pension) plans in Maryland, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -505101520 Total assets ($B) Participants Asbestos Workers L 24 Pen Fd Def Benefit Plan, Total assets ($B): 0.096668201 · Participants: 484Asbestos Workers L 24 Pen Fd Def Benefit PlanNational Electrical Benefit Fund, Total assets ($B): 18.88881693 · Participants: 323315National Electrical Benefit FundLockheed Martin Corporation Salaried Employee Retirement Program, Total assets ($B): 18.434547593 · Participants: 19673Lockheed Martin Corporation Salaried Employee Retirement ProgramMajor League Baseball Players Pension Plan, Total assets ($B): 4.648661647 · Participants: 1087Major League Baseball Players Pension PlanNational Automatic Sprinkler Industry Pension Fund, Total assets ($B): 4.493297428 · Participants: 15047National Automatic Sprinkler Industry Pension FundInternational Painters and Allied Trades Industry Pension Plan, Total assets ($B): 4.223547088 · Participants: 44973International Painters and Allied Trades Industry Pension Plan
Asbestos Workers L 24 Pen Fd Def Benefit Plan vs. nearby Defined Benefit (Pension) plans in Maryland, assets vs. participants
Compare Asbestos Workers L 24 Pen Fd Def Benefit Plan side-by-side with 3 peers →

Asbestos Workers L 24 Pen Fd Def Benefit Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Maryland, the nearest Defined Benefit (Pension) by assets is The Toledo Newspaper Unions Blade Pension Plan in OH ($97M); by covered participants it is Bricklayers' Pension Trust Fund-Metropolitan Area in MI (484 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (484 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 L 24 Pen Fd Def Benefit Plan assets move in 2023? ▼
Asbestos Workers L 24 Pen Fd Def Benefit Plan grew at a solid clip - up 7.0% during 2023, from $90M to $97M. Reported net income was $6M.
How have Bd Tees Asbestos Wrks L 24 Pen Fd plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Bd Tees Asbestos Wrks L 24 Pen Fd's sponsor-wide assets grew 19.7%, from $114M to $136M.
Where does Asbestos Workers L 24 Pen Fd Def Benefit Plan rank by assets among Form 5500 filers? ▼
Asbestos Workers L 24 Pen Fd Def Benefit Plan ranks in the 91st percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Asbestos Workers L 24 Pen Fd Def Benefit Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is The Toledo Newspaper Unions Blade Pension Plan in OH ($97M, 55 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Asbestos Workers L 24 Pen Fd Def Benefit Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Bricklayers' Pension Trust Fund-Metropolitan Area in MI (484 participants, $182M 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 526117923.

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.