Defined Benefit (Pension) · DOL Form 5500 · 2023

Board of Trustees, Local 240 Pension Fun Pension Plan

Data updated 2026-08-11

$33K
Total assets: N/A
Participants: 3rd
Percentile by assets

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.

3rd percentile by assets (of 127,072 plans)
#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.

$33K
total plan assets (2023 EOY): N/A
covered participants: 3rd
percentile by assets (of 127,072 plans): -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.

Where Local 240 Pension Fund sits by total 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

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 →

State

Maryland

Industry

Transportation & Warehousing

Board of Trustees, Local 240 Pension Fun across 3 plan years on file

Across the 3 plan years Board of Trustees, Local 240 Pension Fun has on file (2022-2024), sponsor-wide plan assets have moved from $112K to $34K, a decline of 69.4%. Peak year by sponsor assets: 2022 ($112K); trough: 2023 ($33K).

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

Total plan assets by year, all Board of Trustees, Local 240 Pension Fun plans on file

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 →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Local 240 Pension Fund by total assets, not by location.

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

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).

Next read for Local 240 Pension Fund

Multi-year trail

Ways to act on Local 240 Pension Fund's numbers.

By total assets, Local 240 Pension Fund ranks among the smaller plans by assets on file. See the largest plans
Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Maryland. Compare plans
Board of Trustees, Local 240 Pension Fun's sponsor-wide assets have declined 69.4% since 2022 across 3 plan years on file. More Transportation & Warehousing plans

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.