Defined Benefit (Pension) · DOL Form 5500 · 2023

Board of Trustees of Allied Workers Local 48 Pension Fund Pension Plan

Data updated 2026-08-25

$30M
Total assets Below avg plan size
303
Participants Below avg headcount
79th
Percentile by assets National rank
$100,408
Avg per participant Below avg balance/head
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Official DOL plan name: Allied Workers Local 48 Pension Plan · Sponsored by Board of Trustees of Allied Workers Local 48 Pension Fund · Tennessee · Construction

$30M in assets, 303 participants

Board of Trustees of Allied Workers Local 48 Pension Fund's Allied Workers Local 48 Pension Plan reported $30M in total assets and 303 participants in its 2023 DOL Form 5500 filing, ranking in the 79th 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.

  • #7,025 in Construction (9,030 peers)

Coverage in Tennessee

Allied Workers Local 48 Pension Plan covers 303 participants in Tennessee, about 27% of the average Tennessee filer (state average ~1,126 per filing). Assets: $30M.

#7,025
in Construction (9,030 peers)
+9.2%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Allied Workers Local 48 Pension Plan's outsized position by total assets

Allied Workers Local 48 Pension Plan vs every filed plan by assets

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

$30,423,599 Top 21% higher than 79% 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

Allied Workers Local 48 Pension 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. Allied Workers Local 48 Pension Plan sits mid-pack in the medium band (303 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Allied Workers Local 48 Pension Plan reported net income rose from $2M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Allied Workers Local 48 Pension Plan end-of-year assets rose from $28M in the plan year 2022 filing to $30M in the plan year 2023 filing.
  • Allied Workers Local 48 Pension Plan reported participants fell from 331 in the plan year 2022 filing to 303 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 526117928 · Board of Trustees of Allied Workers Local 48 Pension Fund PY 2023 · Defined Benefit (Pension)

Allied Workers Local 48 Pension Plan · $30M · 303 · 79th

  • SCH $30M
  • SCH 303
  • SCH 79th
  • SCH Defined Benefit (Pension)
  • SCH near The University of Pennsylvania Penn Police Association Defined Benefit Retirement Plan
  • SCH ind #7025

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 Tennessee →

Allied Workers Local 48 Pension Plan in the asset neighbourhood

Nnss Staff Pension Plan$30MTension Envelope Corporation Restated Retirement PlanTension Envelope Corporation…$30MAllied Workers Local 48 Pension PlanAllied Workers Local 48 Pens…$30MThe University of Pennsylvania Penn Police Association Defined Benefit Retirement PlanThe University of Pennsylvan…$30MIron Workers Local 498 Defined Benefit PlanIron Workers Local 498 Defin…$30M
End-of-year total assets ($M) among Allied Workers Local 48 Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Tennessee filing particulars

Total Assets (Beginning of Year)$28M
Net Assets (End of Year)$30M
Net Income$3M
Employer EIN526117928
Plan Effective Date1962-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees of Allied Workers Local 48 Pension Fund)

Sponsor-wide plan assets over time

All Board of Trustees of Allied Workers Local 48 Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$34M 23.198861218710007% vs 2022
2024 filing year
$26M$28M$30M$32M$34M$36M 202220232024 $27.9M $34.3M ▲ +23.2%
Year Plans Participants Total Assets
2022 1 331 $28M
2023 1 303 $30M
2024 1 388 $34M

Nearby Defined Benefit (Pension) Plans in Tennessee

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

Allied Workers Local 48 Pension Plan vs. nearby Defined Benefit (Pension) plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -100102030 Total assets ($B) Participants Allied Workers Local 48 Pension Plan, Total assets ($B): 0.030423599 · Participants: 303Allied Workers Local 48 Pension PlanFedex Corporation Employees' Pension Plan, Total assets ($B): 26.580798454 · Participants: 139031Fedex Corporation Employees' Pension PlanRetirement Plan of International Paper Company, Total assets ($B): 8.836549756 · Participants: 20164Retirement Plan of International Paper CompanyPace Industry Union-Management Pension Fund, Total assets ($B): 2.707920528 · Participants: 3192Pace Industry Union-Management Pension FundPension Plan for Employees at Ornl, Total assets ($B): 2.456364769 · Participants: 5801Pension Plan for Employees at OrnlRetirement Program Plan for Employees of Consolidated Nuclear Security, LLC at the U.S. Department of Energy at Oak Ridge, Tennessee, Total assets ($B): 2.074583545 · Participants: 2710Retirement Program Plan for Employees of Consolidated Nuclear Security, LLC at the U.S. Department of Energy at Oak Ridge, Tennessee
Allied Workers Local 48 Pension Plan vs. nearby Defined Benefit (Pension) plans in Tennessee, assets vs. participants
Compare Allied Workers Local 48 Pension Plan side-by-side with 3 peers →

Allied Workers Local 48 Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Tennessee, the nearest Defined Benefit (Pension) by assets is The University of Pennsylvania Penn Police Association Defined Benefit Retirement Plan in PA ($30M); by covered participants it is Doctors Community Hospital Cash Balance Pension Plan in MD (302 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (303 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 Allied Workers Local 48 Pension Plan assets move in 2023? ▼
Allied Workers Local 48 Pension Plan grew at a solid clip - up 9.2% during 2023, from $28M to $30M. Reported net income was $3M.
How have Board of Trustees of Allied Workers Local 48 Pension Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees of Allied Workers Local 48 Pension Fund's sponsor-wide assets grew 23.2%, from $28M to $34M.
Where does Allied Workers Local 48 Pension Plan rank by assets among Form 5500 filers? ▼
Allied Workers Local 48 Pension Plan ranks in the 79th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Allied Workers Local 48 Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is The University of Pennsylvania Penn Police Association Defined Benefit Retirement Plan in PA ($30M, 103 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Allied Workers Local 48 Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Doctors Community Hospital Cash Balance Pension Plan in MD (302 participants, $15M 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 526117928.

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.