Defined Benefit (Pension) · DOL Form 5500 · 2023

Board of Trustees, Local 240 Pension Fun Pension Plan

Data updated 2026-08-25

$33K
Total assets Small plan by assets: N/A
Participants Small participant base: 3rd
Percentile by assets National rank

PlainRetire home → About this data RSS: change history

Official DOL plan name: Local 240 Pension Fund · Sponsored by Board of Trustees, Local 240 Pension Fun · Maryland · Transportation & Warehousing

$33K in assets, N/A participants

Board of Trustees, Local 240 Pension Fun's Local 240 Pension Fund reported $33K in total assets and N/A participants in its 2023 DOL Form 5500 filing, ranking in the 3rd 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.

#102 in Transportation & Warehousing (3,362 peers)

Board of Trustees, Local 240 Pension Fun multi-year trail

Board of Trustees, Local 240 Pension Fun's plans moved -69.4% in assets from 2022 to 2024; this filing shows Local 240 Pension Fund at $33K / N/A participants.

#102
in Transportation & Warehousing (3,362 peers): -70.4%
assets change YoY

The plan reported a net loss of $79K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Local 240 Pension Fund among the smaller filed plans by assets

Local 240 Pension Fund vs every filed plan by assets

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

$33,078 3rd percentile higher than 3% of 127,068 filed plans

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Filed plans by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets.

Micro (1-10) 35,718 filings (27%) Small (11-100) 27,089 filings (21%) Medium (101-1,000) 55,445 filings (43%) Large (1,001-10,000) 10,273 filings (8%) Mega (10,000+) 1,374 filings (1%)

Local 240 Pension Fund reported net income fell from $94K in the plan year 2022 filing to -$79K in the plan year 2023 filing.
Local 240 Pension Fund end-of-year assets fell from $112K in the plan year 2022 filing to $33K in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 132843184 · Board of Trustees, Local 240 Pension Fun PY 2023 · Defined Benefit (Pension)

Local 240 Pension Fund · $33K · N/A · 3rd

VS-ST $33K
BOY N/A
SCH 3rd
EBSA Defined Benefit (Pension)
PART near Pension Plan for Employees of Dynalectron Corporation and Associated Companies
TYPE ind #102

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 Transportation & Warehousing retirement plans → · Plans in Maryland →

End-of-year total assets ($M) among Local 240 Pension Fund and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Board of Trustees, Local 240 Pension Fun multi-year asset trail

Latest sponsor-wide plan assets: $34K 69.36421361849234% vs 2022; 2024 filing year

Year	Plans	Participants	Total Assets
2022	1	N/A	$112K
2023	1	N/A	$33K
2024	1	N/A	$34K

Board of Trustees, Local 240 Pension Fun filing trail (2023)

Total Assets (Beginning of Year)	$112K
Net Assets (End of Year)	$31K
Net Income	-$79K
Employer EIN	132843184
Plan Effective Date	1957-10-01
Filing Status	FILING RECEIVED

Nearby Defined Benefit (Pension) Plans in Maryland

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

Local 240 Pension Fund vs. nearby Defined Benefit (Pension) plans in Maryland, assets vs. participants

National Electrical Benefit Fund $18.9B · 323,315
Lockheed Martin Corporation Salaried Employee Retirement Program $18.4B · 19,673
Major League Baseball Players Pension Plan $4.6B · 1,087
National Automatic Sprinkler Industry Pension Fund $4.5B · 15,047
International Painters and Allied Trades Industry Pension Plan $4.2B · 44,973

Compare Local 240 Pension Fund side-by-side with 3 peers →

Local 240 Pension Fund's closest out-of-state Defined Benefit (Pension) peers by assets

Outside Maryland, the nearest Defined Benefit (Pension) by end-of-year assets is Pension Plan for Employees of Dynalectron Corporation and Associated Companies in VA at $33K (this filing: $33K).

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($33K here).

Pension Plan for Employees of Dynalectron Corporation and Associated Companies (VA) $33K · N/A
New Bedford Fish Lumpers Pension Plan (NJ) $33K · 2
Washington-Oregon Furniture Workers Pension Plan (WA) $33K · N/A
Graphic Arts Pressroom Retirement Fund (MA) $34K · N/A

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 Local 240 Pension Fund assets move in 2023? ▼

Local 240 Pension Fund contracted severely - down 70.4% during 2023, from $112K to $33K. Reported net income was -$79K.

How have Board of Trustees, Local 240 Pension Fun plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Board of Trustees, Local 240 Pension Fun's sponsor-wide assets declined 69.4%, from $112K to $34K.

Where does Local 240 Pension Fund rank by assets among Form 5500 filers? ▼

Local 240 Pension Fund ranks in the 3rd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the smaller plans by assets on file).

Which Defined Benefit (Pension) plans are similar in size to Local 240 Pension Fund? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is Pension Plan for Employees of Dynalectron Corporation and Associated Companies in VA ($33K, N/A participants).

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 132843184.