Defined Benefit (Pension) · DOL Form 5500 · 2023

Joint Board of Trustees of Local 808 Ibt Pension Fund Pension Plan

Data updated 2026-08-25

$71M
Total assets Below avg plan size
506
Participants Below avg headcount
89th
Percentile by assets National rank
$140,218
Avg per participant Near avg balance/head
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Official DOL plan name: Local 808 Ibt Pension Plan · Sponsored by Joint Board of Trustees of Local 808 Ibt Pension Fund · New York · Manufacturing

$71M in assets, 506 participants

Joint Board of Trustees of Local 808 Ibt Pension Fund's Local 808 Ibt Pension Plan reported $71M in total assets and 506 participants in its 2023 DOL Form 5500 filing, ranking in the 89th 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.

  • #15,598 in Manufacturing (18,722 peers)

Where Local 808 Ibt Pension Plan sits by assets

Local 808 Ibt Pension Plan sits in the top quartile of all filed plans by assets, $71M for 506 participants (~$140,218/participant), up 14.4% in 2023.

#15,598
in Manufacturing (18,722 peers)
+14.4%
assets growth YoY
0.7×
vs typical plan assets (national mean)

Local 808 Ibt Pension Plan's outsized position by total assets

Local 808 Ibt Pension Plan vs every filed plan by assets

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

$70,950,423 Top 11% higher than 89% 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

Local 808 Ibt Pension Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Local 808 Ibt Pension Plan sits mid-pack in the medium band (506 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Local 808 Ibt Pension Plan reported net income rose from $2M in the plan year 2022 filing to $9M in the plan year 2023 filing.
  • Local 808 Ibt Pension Plan end-of-year assets rose from $62M in the plan year 2022 filing to $71M in the plan year 2023 filing.
  • Local 808 Ibt Pension Plan reported participants rose from 453 in the plan year 2022 filing to 506 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 116204268 · Joint Board of Trustees of Local 808 Ibt Pension Fund PY 2023 · Defined Benefit (Pension)

Local 808 Ibt Pension Plan · $71M · 506 · 89th

  • BOY $71M
  • BOY 506
  • BOY 89th
  • BOY Defined Benefit (Pension)
  • BOY near Spencer Savings Bank, Sla Employees' Pension Plan
  • BOY ind #15598

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 Manufacturing retirement plans → · Plans in New York →

Local 808 Ibt Pension Plan in the asset neighbourhood

Thomas Steel Strip Corp. Pension PlanThomas Steel Strip Corp. Pen…$71MLakeview Memorial Hospital Association, Inc. Employees' Pension PlanLakeview Memorial Hospital A…$71MLocal 808 Ibt Pension Plan$71MSpencer Savings Bank, Sla Employees' Pension PlanSpencer Savings Bank, Sla Em…$71MAccuride Consolidated Employee Pension PlanAccuride Consolidated Employ…$71M
End-of-year total assets ($M) among Local 808 Ibt Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$62M
Net Assets (End of Year)$71M
Net Income$9M
Employer EIN116204268
Plan Effective Date1974-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Joint Board of Trustees of Local 808 Ibt Pension Fund)

Sponsor-wide plan assets over time

All Joint Board of Trustees of Local 808 Ibt Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$70M 13.195303754661685% vs 2022
2024 filing year
$60M$65M$70M$75M 202220232024 $62M $70.2M ▲ +13.2%
Year Plans Participants Total Assets
2022 1 453 $62M
2023 1 506 $71M
2024 1 618 $70M

Nearby Defined Benefit (Pension) Plans in New York

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

Local 808 Ibt Pension Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -100102030 Total assets ($B) Participants Local 808 Ibt Pension Plan, Total assets ($B): 0.070950423 · Participants: 506Local 808 Ibt Pension PlanIBM Personal Pension Plan, Total assets ($B): 24.955758896 · Participants: 14881IBM Personal Pension PlanConsolidated Edison Retirement Plan, Total assets ($B): 16.184377155 · Participants: 10779Consolidated Edison Retirement Plan1199seiu Health Care Employees Pension Fund, Total assets ($B): 16.16620463 · Participants: 1075821199seiu Health Care Employees Pension FundPfizer Consolidated Pension Plan, Total assets ($B): 10.955262618 · Participants: 9616Pfizer Consolidated Pension PlanPepsico Employees Retirement Plan I, Total assets ($B): 7.599669 · Participants: 12289Pepsico Employees Retirement Plan I
Local 808 Ibt Pension Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants

Local 808 Ibt Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New York, the nearest Defined Benefit (Pension) by assets is Spencer Savings Bank, Sla Employees' Pension Plan in NJ ($71M); by covered participants it is National Gypsum General Pension Plan in NC (506 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (506 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 Local 808 Ibt Pension Plan assets move in 2023?
Local 808 Ibt Pension Plan grew at a solid clip - up 14.4% during 2023, from $62M to $71M. Reported net income was $9M.
How have Joint Board of Trustees of Local 808 Ibt Pension Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Joint Board of Trustees of Local 808 Ibt Pension Fund's sponsor-wide assets grew 13.2%, from $62M to $70M.
Where does Local 808 Ibt Pension Plan rank by assets among Form 5500 filers?
Local 808 Ibt Pension Plan ranks in the 89th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Local 808 Ibt Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Spencer Savings Bank, Sla Employees' Pension Plan in NJ ($71M, 68 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Local 808 Ibt Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is National Gypsum General Pension Plan in NC (506 participants, $163M in assets).