Defined Benefit (Pension) · DOL Form 5500 · 2023

Board of Trustees Michigan Laborers' Pension Fund Pension Plan

Data updated 2026-08-25

$1.3B
Total assets Very large vs avg
9,974
Participants Very large workforce
99th
Percentile by assets National rank
$125,915
Avg per participant Near avg balance/head
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Official DOL plan name: Michigan Laborers' Pension Plan · Sponsored by Board of Trustees Michigan Laborers' Pension Fund · Michigan · Construction

$1.3B in assets, 9,974 participants

Board of Trustees Michigan Laborers' Pension Fund's Michigan Laborers' Pension Plan reported $1.3B in total assets and 9,974 participants in its 2023 DOL Form 5500 filing, ranking in the 99th 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.

  • #8,934 in Construction (9,030 peers)

Coverage in Michigan

Michigan Laborers' Pension Plan covers 9,974 participants in Michigan, 16x the typical Michigan plan (state average ~638 per filing). Assets: $1.3B.

#8,934
in Construction (9,030 peers)
+9.2%
assets growth YoY
13×
vs typical plan assets (national mean)

Michigan Laborers' Pension Plan's outsized position by total assets

Michigan Laborers' Pension Plan vs every filed plan by assets

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

$1,255,873,081 Top 1% higher than 99% 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

Michigan Laborers' Pension Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Michigan Laborers' Pension Plan lands in the large band (9,974 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Michigan Laborers' Pension Plan reported net income rose from $44M in the plan year 2022 filing to $106M in the plan year 2023 filing.
  • Michigan Laborers' Pension Plan end-of-year assets rose from $1.1B in the plan year 2022 filing to $1.3B in the plan year 2023 filing.
  • Michigan Laborers' Pension Plan reported participants rose from 9,442 in the plan year 2022 filing to 9,974 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 386233976 · Board of Trustees Michigan Laborers' Pension Fund PY 2023 · Defined Benefit (Pension)

Michigan Laborers' Pension Plan · $1.3B · 9,974 · 99th

  • PCT $1.3B
  • PCT 9,974
  • PCT 99th
  • PCT Defined Benefit (Pension)
  • PCT near Puget Sound Electrical Workers Pension Plan
  • PCT ind #8934

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 Michigan →

Michigan Laborers' Pension Plan in the asset neighbourhood

Michigan Laborers' Pension PlanMichigan Laborers' Pension P…$1.3BPuget Sound Electrical Workers Pension PlanPuget Sound Electrical Worke…$1.3BConstellation Employee Pension PlanConstellation Employee Pensi…$1.3BThrivent Individual Pension Account PlanThrivent Individual Pension …$1.2BGreater Pennsylvania Carpenters' Pension FundGreater Pennsylvania Carpent…$1.2B
End-of-year total assets ($B) among Michigan Laborers' Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Michigan filing particulars

Total Assets (Beginning of Year)$1.1B
Net Assets (End of Year)$1.3B
Net Income$106M
Employer EIN386233976
Plan Effective Date1964-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees Michigan Laborers' Pension Fund)

Sponsor-wide plan assets over time

All Board of Trustees Michigan Laborers' Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$1.3B 15.900084977163981% vs 2022
2024 filing year
$1.1B$1.2B$1.3B$1.4B 202220232024 $1.15B $1.33B ▲ +15.7%
Year Plans Participants Total Assets
2022 1 9,442 $1.1B
2023 1 9,974 $1.3B
2024 1 9,786 $1.3B

Nearby Defined Benefit (Pension) Plans in Michigan

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

Michigan Laborers' Pension Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants Scatter plot of 6 data points. 50001000015000200002500030000 -1001020304050 Total assets ($B) Participants Michigan Laborers' Pension Plan, Total assets ($B): 1.255873081 · Participants: 9974Michigan Laborers' Pension PlanGeneral Motors Hourly-Rate Employees Pension Plan, Total assets ($B): 44.838918802 · Participants: 17959General Motors Hourly-Rate Employees Pension PlanFord Motor Company UAW Retirement Plan, Total assets ($B): 19.269442236 · Participants: 26442Ford Motor Company UAW Retirement PlanFord Motor Company General Retirement Plan, Total assets ($B): 12.705910161 · Participants: 10215Ford Motor Company General Retirement PlanDow Employees' Pension Plan, Total assets ($B): 11.529460215 · Participants: 14051Dow Employees' Pension PlanFca US LLC UAW Pension Agreement, Total assets ($B): 11.155705594 · Participants: 13635Fca US LLC UAW Pension Agreement
Michigan Laborers' Pension Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants
Compare Michigan Laborers' Pension Plan side-by-side with 3 peers →

Scale composition for Michigan Laborers' Pension Plan

Michigan Laborers' Pension Plan reports $1.3B in end-of-year assets across 9,974 participants (0.010% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.011% of 93,925,755 covered participants) - about $125,915 per participant (91% of the national average assets-per-participant) . Net income for plan year 2023 was $106M.

This plan identity (EIN 386233976, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.1B to $1.3B (+15.9%) while covered participants moved from 9,442 to 9,786 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 9,442 $1.1B Open filing
2023 9,974 $1.3B This page
2024 · index core 9,786 $1.3B Open filing

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

Michigan Laborers' Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Michigan, the nearest Defined Benefit (Pension) by assets is Puget Sound Electrical Workers Pension Plan in WA ($1.3B); by covered participants it is Building Trades United Pension Trust Fund Milwaukee and Vicinity in WI (9,960 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1.3B here).

Similar participant headcount

Nearest other-state filings by covered participants (9,974 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 Michigan Laborers' Pension Plan assets move in 2023? ▼
Michigan Laborers' Pension Plan grew at a solid clip - up 9.2% during 2023, from $1.1B to $1.3B. Reported net income was $106M.
How have Board of Trustees Michigan Laborers' Pension Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees Michigan Laborers' Pension Fund's sponsor-wide assets grew 15.9%, from $1.1B to $1.3B.
Where does Michigan Laborers' Pension Plan rank by assets among Form 5500 filers? ▼
Michigan Laborers' Pension Plan ranks in the 99th 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 Michigan Laborers' Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Puget Sound Electrical Workers Pension Plan in WA ($1.3B, 5,292 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Michigan Laborers' Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Building Trades United Pension Trust Fund Milwaukee and Vicinity in WI (9,960 participants, $3.3B 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 386233976.

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.