Defined Benefit (Pension) · DOL Form 5500 · 2023

National Elevator Industry Pension Plan Plan Board of Trustees Pension Plan

Data updated 2026-08-25

$11.2B
Total assets Mega-plan scale
27,434
Participants Very large workforce
100th
Percentile by assets National rank
$409,141
Avg per participant High balance/head
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Official DOL plan name: National Elevator Industry Pension Plan · Sponsored by National Elevator Industry Pension Plan Plan Board of Trustees · Pennsylvania · Construction

$11.2B in assets, 27,434 participants

National Elevator Industry Pension Plan Plan Board of Trustees's National Elevator Industry Pension Plan reported $11.2B in total assets and 27,434 participants in its 2023 DOL Form 5500 filing, ranking in the 100th 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.

  • #9,028 in Construction (9,030 peers)

Coverage in Pennsylvania

National Elevator Industry Pension Plan covers 27,434 participants in Pennsylvania, 33x the typical Pennsylvania plan (state average ~822 per filing). Assets: $11.2B.

#9,028
in Construction (9,030 peers)
+7.9%
assets growth YoY
113×
vs typical plan assets (national mean)

National Elevator Industry Pension Plan's outsized position by total assets

National Elevator Industry Pension Plan vs every filed plan by assets

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

$11,224,377,797 Highest reported value at or above every one 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

National Elevator Industry Pension Plan's mega-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. National Elevator Industry Pension Plan is a mega filing (27,434 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • National Elevator Industry Pension Plan reported net income rose from $415M in the plan year 2022 filing to $762M in the plan year 2023 filing.
  • National Elevator Industry Pension Plan end-of-year assets rose from $10.4B in the plan year 2022 filing to $11.2B in the plan year 2023 filing.
  • National Elevator Industry Pension Plan reported participants rose from 27,097 in the plan year 2022 filing to 27,434 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 232694291 · National Elevator Industry Pension Plan Plan Board of Trustees PY 2023 · Defined Benefit (Pension)

National Elevator Industry Pension Plan · $11.2B · 27,434 · 100th

  • SCH $11.2B
  • EBSA 27,434
  • PART 100th
  • TYPE Defined Benefit (Pension)
  • NET near Fca US LLC UAW Pension Agreement
  • BOOK ind #9028

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 →

National Elevator Industry Pension Plan in the asset neighbourhood

Pension and Retirement Plan$11.4BNational Elevator Industry Pension PlanNational Elevator Industry P…$11.2BFca US LLC UAW Pension AgreementFca US LLC UAW Pension Agree…$11.2BMayo Pension Plan$11.0BPfizer Consolidated Pension PlanPfizer Consolidated Pension …$11.0B
End-of-year total assets ($B) among National Elevator Industry Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$10.4B
Net Assets (End of Year)$10.8B
Net Income$762M
Employer EIN232694291
Plan Effective Date1962-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (National Elevator Industry Pension Plan Plan Board of Trustees)

Sponsor-wide plan assets over time

All National Elevator Industry Pension Plan Plan Board of Trustees plans reported in each filing year

Latest sponsor-wide plan assets
$12.2B 17.418183684586563% vs 2022
2024 filing year
$10B$11B$12B$13B 202220232024 $10.4B $12.2B ▲ +17.4%
Year Plans Participants Total Assets
2022 1 27,097 $10.4B
2023 1 27,434 $11.2B
2024 1 28,308 $12.2B

Nearby Defined Benefit (Pension) Plans in Pennsylvania

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

National Elevator Industry Pension Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. 020000400006000080000 4681012 Total assets ($B) Participants National Elevator Industry Pension Plan, Total assets ($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 PlanEastern Atlantic States Carpenters Pension Fund, Total assets ($B): 4.733825357 · Participants: 11775Eastern Atlantic States Carpenters Pension Fund
National Elevator Industry Pension Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants
Compare National Elevator Industry Pension Plan side-by-side with 3 peers →

Scale composition for National Elevator Industry Pension Plan

National Elevator Industry Pension Plan reports $11.2B in end-of-year assets across 27,434 participants (0.091% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.029% of 93,925,755 covered participants) - about $409,141 per participant (3.0x the national average assets-per-participant) . Net income for plan year 2023 was $762M.

This plan identity (EIN 232694291, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $10.4B to $12.2B (+17.4%) while covered participants moved from 27,097 to 28,308 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 27,097 $10.4B Open filing
2023 27,434 $11.2B This page
2024 · index core 28,308 $12.2B Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

National Elevator Industry Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Pennsylvania, the nearest Defined Benefit (Pension) by assets is Fca US LLC UAW Pension Agreement in MI ($11.2B); by covered participants it is Bricklayers & Trowel Trades International Pension Fund in DC (27,803 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($11.2B here).

Similar participant headcount

Nearest other-state filings by covered participants (27,434 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 National Elevator Industry Pension Plan assets move in 2023? ▼
National Elevator Industry Pension Plan grew at a solid clip - up 7.9% during 2023, from $10.4B to $11.2B. Reported net income was $762M.
How have National Elevator Industry Pension Plan Plan Board of Trustees plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), National Elevator Industry Pension Plan Plan Board of Trustees's sponsor-wide assets grew 17.4%, from $10.4B to $12.2B.
Where does National Elevator Industry Pension Plan rank by assets among Form 5500 filers? ▼
National Elevator Industry Pension Plan ranks in the 100th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to National Elevator Industry Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Fca US LLC UAW Pension Agreement in MI ($11.2B, 13,635 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to National Elevator Industry Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Bricklayers & Trowel Trades International Pension Fund in DC (27,803 participants, $1.8B 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 232694291.

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.