Defined Benefit (Pension) · DOL Form 5500 · 2023
Board of Trustees Michigan Laborers' Pension Fund Pension Plan
Data updated 2026-08-11
- $1.3B
- Total assets
- 9,974
- Participants
- 99th
- Percentile by assets
- $125,915
- Avg per participant
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.
- 99th percentile by assets (of 127,072 plans)
- #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.
- $1.3B
- total plan assets (2023 EOY)
- 9,974
- covered participants
- 99th
- percentile by assets (of 127,072 plans)
- $125,915
- avg assets per participant
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.
Participants vs Michigan filers
In Michigan, the average filing covers about 638 participants across 4,220 plans. Michigan Laborers' Pension Plan reports 9,974 participants - 16x that state average ($1.3B EOY assets).
Michigan filing particulars
| Total Assets (Beginning of Year) | $1.1B |
|---|---|
| Net Assets (End of Year) | $1.3B |
| Net Income | $106M |
| Employer EIN | 386233976 |
| Plan Effective Date | 1964-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees Michigan Laborers' Pension Fund)
| 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
- General Motors Hourly-Rate Employees Pension Plan $44.8B · 17,959
- Ford Motor Company UAW Retirement Plan $19.3B · 26,442
- Ford Motor Company General Retirement Plan $12.7B · 10,215
- Dow Employees' Pension Plan $11.5B · 14,051
- Fca US LLC UAW Pension Agreement $11.2B · 13,635
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 (Defined Benefit (Pension), $1.3B, 9,786 participants)
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Michigan Laborers' Pension Plan by total assets, not by location.
- Puget Sound Electrical Workers Pension Plan (WA) $1.3B · 5,292
- Constellation Employee Pension Plan (PA) $1.3B · 3,748
- Thrivent Individual Pension Account Plan (MN) $1.2B · 4,384
- Greater Pennsylvania Carpenters' Pension Fund (PA) $1.2B · 8,460
Frequently Asked Questions
How did Michigan Laborers' Pension Plan assets move in 2023? ▼
How have Board of Trustees Michigan Laborers' Pension Fund plan assets changed over time? ▼
Where does Michigan Laborers' Pension Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Michigan Laborers' Pension Plan? ▼
Next read for Michigan Laborers' Pension Plan
Filing takeaways
Ways to act on Michigan Laborers' Pension Plan's numbers.
- By total assets, Michigan Laborers' Pension Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Michigan. Compare plans
- Board of Trustees Michigan Laborers' Pension Fund's sponsor-wide assets have grown 15.9% since 2022 across 3 plan years on file. More Construction plans