Defined Benefit (Pension) · DOL Form 5500 · 2023

Laborers' Local #157 Pension Fund Pension Plan

Data updated 2026-08-25

$93M
Total assets Below avg plan size
516
Participants Below avg headcount
91st
Percentile by assets National rank
$180,229
Avg per participant Above avg balance/head
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Official DOL plan name: Laborers' Local #157 Pension Fund · Sponsored by Laborers' Local #157 Pension Fund · New York · Construction

$93M in assets, 516 participants

Laborers' Local #157 Pension Fund's Laborers' Local #157 Pension Fund reported $93M in total assets and 516 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.

  • #8,041 in Construction (9,030 peers)

Where Laborers' Local #157 Pension Fund sits by assets

Laborers' Local #157 Pension Fund sits in the top 10% of all filed plans by assets, $93M for 516 participants (~$180,229/participant), up 10.6% in 2023.

#8,041
in Construction (9,030 peers)
+10.6%
assets growth YoY
0.9×
vs typical plan assets (national mean)

Laborers' Local #157 Pension Fund's outsized position by total assets

Laborers' Local #157 Pension Fund vs every filed plan by assets

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

$92,997,970 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

Laborers' Local #157 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. Laborers' Local #157 Pension Fund sits mid-pack in the medium band (516 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Laborers' Local #157 Pension Fund reported net income rose from $7M in the plan year 2022 filing to $9M in the plan year 2023 filing.
  • Laborers' Local #157 Pension Fund end-of-year assets rose from $84M in the plan year 2022 filing to $93M in the plan year 2023 filing.
  • Laborers' Local #157 Pension Fund reported participants rose from 477 in the plan year 2022 filing to 516 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 146076460 · Laborers' Local #157 Pension Fund PY 2023 · Defined Benefit (Pension)

Laborers' Local #157 Pension Fund · $93M · 516 · 91st

  • EOY $93M
  • EOY 516
  • EOY 91st
  • EOY Defined Benefit (Pension)
  • EOY near Wakemed Pension Plan
  • EOY ind #8041

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 New York →

Laborers' Local #157 Pension Fund in the asset neighbourhood

Southern Bank and Trust Company Pension PlanSouthern Bank and Trust Comp…$93MContinental NA Pension Plan$93MWakemed Pension Plan$93MLaborers' Local #157 Pension FundLaborers' Local #157 Pension…$93MAffiliated Pension Plan$93M
End-of-year total assets ($M) among Laborers' Local #157 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)$84M
Net Assets (End of Year)$93M
Net Income$9M
Employer EIN146076460
Plan Effective Date1963-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Laborers' Local #157 Pension Fund)

Sponsor-wide plan assets over time

All Laborers' Local #157 Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$104M 23.404731685657218% vs 2022
2024 filing year
$80M$90M$100M$110M 202220232024 $84.1M $104M ▲ +23.4%
Year Plans Participants Total Assets
2022 1 477 $84M
2023 1 516 $93M
2024 1 591 $104M

Nearby Defined Benefit (Pension) Plans in New York

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

Laborers' Local #157 Pension Fund vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -100102030 Total assets ($B) Participants Laborers' Local #157 Pension Fund, Total assets ($B): 0.09299797 · Participants: 516Laborers' Local #157 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
Laborers' Local #157 Pension Fund vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants

Laborers' Local #157 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 Wakemed Pension Plan in NC ($93M); by covered participants it is Jones Day Pension Plan in OH (516 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($93M here).

Similar participant headcount

Nearest other-state filings by covered participants (516 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 #157 Pension Fund assets move in 2023?
Laborers' Local #157 Pension Fund grew at a solid clip - up 10.6% during 2023, from $84M to $93M. Reported net income was $9M.
How have Laborers' Local #157 Pension Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Laborers' Local #157 Pension Fund's sponsor-wide assets grew 23.4%, from $84M to $104M.
Where does Laborers' Local #157 Pension Fund rank by assets among Form 5500 filers?
Laborers' Local #157 Pension Fund 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 Laborers' Local #157 Pension Fund?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Wakemed Pension Plan in NC ($93M, 1,990 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Laborers' Local #157 Pension Fund?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Jones Day Pension Plan in OH (516 participants, $340M in assets).