Defined Benefit (Pension) · DOL Form 5500 · 2023

Board of Trustees of Material Yard Workers Local No. 1175 Pension Plan Pension Plan

Data updated 2026-08-25

$41M
Total assets Below avg plan size
187
Participants Below avg headcount
83rd
Percentile by assets National rank
$218,088
Avg per participant Above avg balance/head
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Official DOL plan name: Material Yard Workers Local No. 1175 Pension Fund · Sponsored by Board of Trustees of Material Yard Workers Local No. 1175 Pension Plan · New York · Manufacturing

$41M in assets, 187 participants

Board of Trustees of Material Yard Workers Local No. 1175 Pension Plan's Material Yard Workers Local No. 1175 Pension Fund reported $41M in total assets and 187 participants in its 2023 DOL Form 5500 filing, ranking in the 83rd 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.

  • #14,273 in Manufacturing (18,722 peers)

Coverage in New York

Material Yard Workers Local No. 1175 Pension Fund covers 187 participants in New York, about 23% of the average New York filer (state average ~798 per filing). Assets: $41M.

#14,273
in Manufacturing (18,722 peers)
+9.4%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Material Yard Workers Local No. 1175 Pension Fund's outsized position by total assets

Material Yard Workers Local No. 1175 Pension Fund vs every filed plan by assets

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

$40,782,445 Top 17% higher than 83% 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

Material Yard Workers Local No. 1175 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. Material Yard Workers Local No. 1175 Pension Fund sits mid-pack in the medium band (187 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Material Yard Workers Local No. 1175 Pension Fund reported net income rose from $2M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Material Yard Workers Local No. 1175 Pension Fund end-of-year assets rose from $37M in the plan year 2022 filing to $41M in the plan year 2023 filing.
  • Material Yard Workers Local No. 1175 Pension Fund reported participants rose from 177 in the plan year 2022 filing to 187 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 136125828 · Board of Trustees of Material Yard Workers Local No. 1175 Pension Plan PY 2023 · Defined Benefit (Pension)

Material Yard Workers Local No. 1175 Pension Fund · $41M · 187 · 83rd

  • PART $41M
  • TYPE 187
  • NET 83rd
  • BOOK Defined Benefit (Pension)
  • VS-ST near Pillsbury Winthrop Shaw Pittman LLP Cash Balance Plan No. 2
  • BOY ind #14273

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 Manufacturing retirement plans → · Plans in New York →

Material Yard Workers Local No. 1175 Pension Fund in the asset neighbourhood

Jefferson Bancshares, Inc. Seventh Amended and Restated Employees Retirement Plan & TrustJefferson Bancshares, Inc. S…$41MPillsbury Winthrop Shaw Pittman LLP Cash Balance Plan No. 2Pillsbury Winthrop Shaw Pitt…$41MMaterial Yard Workers Local No. 1175 Pension FundMaterial Yard Workers Local …$41MMountain States Employers Council, Inc. Pension Plan and TrustMountain States Employers Co…$41MPension Plan for Hourly Employees of Swisher International, Inc., Wheeling, WvPension Plan for Hourly Empl…$41M
End-of-year total assets ($M) among Material Yard Workers Local No. 1175 Pension Fund and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

New York filing particulars

Total Assets (Beginning of Year)$37M
Net Assets (End of Year)$39M
Net Income$4M
Employer EIN136125828
Plan Effective Date1960-05-14
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees of Material Yard Workers Local No. 1175 Pension Plan)

Sponsor-wide plan assets over time

All Board of Trustees of Material Yard Workers Local No. 1175 Pension Plan plans reported in each filing year

Latest sponsor-wide plan assets
$43M 14.259875491405923% vs 2022
2024 filing year
$36M$38M$40M$42M$44M 202220232024 $37.3M $42.6M ▲ +14.3%
Year Plans Participants Total Assets
2022 1 177 $37M
2023 1 187 $41M
2024 1 200 $43M

Nearby Defined Benefit (Pension) Plans in New York

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

Material Yard Workers Local No. 1175 Pension Fund vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -100102030 Total assets ($B) Participants Material Yard Workers Local No. 1175 Pension Fund, Total assets ($B): 0.040782445 · Participants: 187Material Yard Workers Local No. 1175 Pension 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
Material Yard Workers Local No. 1175 Pension Fund vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants

Material Yard Workers Local No. 1175 Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New York, the nearest Defined Benefit (Pension) by assets is Pillsbury Winthrop Shaw Pittman LLP Cash Balance Plan No. 2 in CA ($41M); by covered participants it is Pension Plan for Employees of York Hospital in ME (187 participants). Same-state nearby plans are listed separately above.

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 Material Yard Workers Local No. 1175 Pension Fund assets move in 2023?
Material Yard Workers Local No. 1175 Pension Fund grew at a solid clip - up 9.4% during 2023, from $37M to $41M. Reported net income was $4M.
How have Board of Trustees of Material Yard Workers Local No. 1175 Pension Plan plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees of Material Yard Workers Local No. 1175 Pension Plan's sponsor-wide assets grew 14.3%, from $37M to $43M.
Where does Material Yard Workers Local No. 1175 Pension Fund rank by assets among Form 5500 filers?
Material Yard Workers Local No. 1175 Pension Fund ranks in the 83rd 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 Material Yard Workers Local No. 1175 Pension Fund?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Pillsbury Winthrop Shaw Pittman LLP Cash Balance Plan No. 2 in CA ($41M, 248 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Material Yard Workers Local No. 1175 Pension Fund?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Pension Plan for Employees of York Hospital in ME (187 participants, $17M in assets).