Defined Benefit (Pension) · DOL Form 5500 · 2023

Board of Trustees Laborers Pension Fund Pension Plan

Data updated 2026-08-25

$65M
Total assets Below avg plan size
553
Participants Below avg headcount
88th
Percentile by assets National rank
$117,100
Avg per participant Below avg balance/head
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Official DOL plan name: Laborers Pension Fund · Sponsored by Board of Trustees Laborers Pension Fund · Virginia · Construction

$65M in assets, 553 participants

Board of Trustees Laborers Pension Fund's Laborers Pension Fund reported $65M in total assets and 553 participants in its 2023 DOL Form 5500 filing, ranking in the 88th 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.

  • #7,755 in Construction (9,030 peers)

Where Laborers Pension Fund sits by assets

Laborers Pension Fund sits in the top quartile of all filed plans by assets, $65M for 553 participants (~$117,100/participant), up 40.8% in 2023.

#7,755
in Construction (9,030 peers)
+40.8%
assets growth YoY
0.6×
vs typical plan assets (national mean)

Laborers Pension Fund's outsized position by total assets

Laborers Pension Fund vs every filed plan by assets

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

$64,756,307 Top 12% higher than 88% 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

Laborers Pension Fund 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. Laborers Pension Fund sits mid-pack in the medium band (553 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Laborers Pension Fund reported net income rose from $6M in the plan year 2022 filing to $19M in the plan year 2023 filing.
  • Laborers Pension Fund end-of-year assets rose from $46M in the plan year 2022 filing to $65M in the plan year 2023 filing.
  • Laborers Pension Fund reported participants rose from 406 in the plan year 2022 filing to 553 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 546111015 · Board of Trustees Laborers Pension Fund PY 2023 · Defined Benefit (Pension)

Laborers Pension Fund · $65M · 553 · 88th

  • IND $65M
  • EOY 553
  • 5500 88th
  • ASSETS Defined Benefit (Pension)
  • PCT near Liberty Utilities Cash Balance Pension Plan
  • EIN ind #7755

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 Virginia →

Laborers Pension Fund in the asset neighbourhood

The Restated Noncontributory Retirement Plan for CooperativesThe Restated Noncontributory…$65MYoung & Rubicam LLC Career Cash Balance Continuation PlanYoung & Rubicam LLC Career C…$65MLaborers Pension Fund$65MLiberty Utilities Cash Balance Pension PlanLiberty Utilities Cash Balan…$65MMichael Best & Friedrich Employees' Pension PlanMichael Best & Friedrich Emp…$65M
End-of-year total assets ($M) among Laborers Pension Fund and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$46M
Net Assets (End of Year)$65M
Net Income$19M
Employer EIN546111015
Plan Effective Date1965-06-19
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees Laborers Pension Fund)

Sponsor-wide plan assets over time

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

Latest sponsor-wide plan assets
$77M 66.85870372507063% vs 2022
2024 filing year
$40M$50M$60M$70M$80M 202220232024 $46M $76.8M ▲ +66.8%
Year Plans Participants Total Assets
2022 1 406 $46M
2023 1 553 $65M
2024 1 1,214 $77M

Nearby Defined Benefit (Pension) Plans in Virginia

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

Laborers Pension Fund vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants Laborers Pension Fund, Total assets ($B): 0.064756307 · Participants: 553Laborers Pension FundNorthrop Grumman Pension Plan, Total assets ($B): 19.134846358 · Participants: 13674Northrop Grumman Pension PlanRetirement Security Plan, Total assets ($B): 10.184642779 · Participants: 54171Retirement Security PlanNg Space&mission Systems Corp Salaried Pension Pla, Total assets ($B): 8.450021632 · Participants: 7117Ng Space&mission Systems Corp Salaried Pension PlaSheet Metal Workers' National Pension Fund, Total assets ($B): 8.306466489 · Participants: 61272Sheet Metal Workers' National Pension FundDominion Energy Pension Plan, Total assets ($B): 7.570958933 · Participants: 12263Dominion Energy Pension Plan
Laborers Pension Fund vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants
Compare Laborers Pension Fund side-by-side with 3 peers →

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

Outside Virginia, the nearest Defined Benefit (Pension) by assets is Liberty Utilities Cash Balance Pension Plan in AZ ($65M); by covered participants it is U.a. Local 13 Pension Fund in NY (554 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (553 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 Laborers Pension Fund assets move in 2023? ▼
Laborers Pension Fund surged - up 40.8% during 2023, from $46M to $65M. Reported net income was $19M.
How have Board of Trustees Laborers Pension Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees Laborers Pension Fund's sponsor-wide assets grew 66.9%, from $46M to $77M.
Where does Laborers Pension Fund rank by assets among Form 5500 filers? ▼
Laborers Pension Fund ranks in the 88th 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 Laborers Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Liberty Utilities Cash Balance Pension Plan in AZ ($65M, 1,533 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Laborers Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is U.a. Local 13 Pension Fund in NY (554 participants, $360M 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 546111015.

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.