Defined Benefit (Pension) · DOL Form 5500 · 2023

Local Union 903 Pension Plan Pension Plan

Data updated 2026-08-25

$73M
Total assets Below avg plan size
389
Participants Below avg headcount
89th
Percentile by assets National rank
$187,179
Avg per participant Above avg balance/head
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Official DOL plan name: Local Union 903 Pension Plan · Sponsored by Local Union 903 Pension Plan · Alabama · Construction

$73M in assets, 389 participants

Local Union 903 Pension Plan's Local Union 903 Pension Plan reported $73M in total assets and 389 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.

  • #7,849 in Construction (9,030 peers)

Where Local Union 903 Pension Plan sits by assets

Local Union 903 Pension Plan sits in the top quartile of all filed plans by assets, $73M for 389 participants (~$187,179/participant), up 22.0% in 2023.

#7,849
in Construction (9,030 peers)
+22.0%
assets growth YoY
0.7×
vs typical plan assets (national mean)

Local Union 903 Pension Plan's outsized position by total assets

Local Union 903 Pension Plan vs every filed plan by assets

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

$72,812,640 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 Union 903 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 Union 903 Pension Plan sits mid-pack in the medium band (389 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Local Union 903 Pension Plan reported net income rose from $4M in the plan year 2022 filing to $13M in the plan year 2023 filing.
  • Local Union 903 Pension Plan end-of-year assets rose from $60M in the plan year 2022 filing to $73M in the plan year 2023 filing.
  • Local Union 903 Pension Plan reported participants rose from 380 in the plan year 2022 filing to 389 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 646151461 · Local Union 903 Pension Plan PY 2023 · Defined Benefit (Pension)

Local Union 903 Pension Plan · $73M · 389 · 89th

  • NET $73M
  • BOOK 389
  • VS-ST 89th
  • BOY Defined Benefit (Pension)
  • SCH near Sbera Pension Plan as Adopted by Bristol County Savings Bank
  • EBSA ind #7849

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 Alabama →

Local Union 903 Pension Plan in the asset neighbourhood

Sbera Pension Plan as Adopted by Bristol County Savings BankSbera Pension Plan as Adopte…$73MBakery, Confectionery, Tobacco Workers and Grain Millers International Union Employees' Pension PlanBakery, Confectionery, Tobac…$73MLocal Union 903 Pension Plan$73MMag Mutual Insurance Company Defined Benefit PlanMag Mutual Insurance Company…$73MUsw District 10, Local 286, Pension PlanUsw District 10, Local 286, …$73M
End-of-year total assets ($M) among Local Union 903 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)$60M
Net Assets (End of Year)$73M
Net Income$13M
Employer EIN646151461
Plan Effective Date1967-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Local Union 903 Pension Plan)

Sponsor-wide plan assets over time

All Local Union 903 Pension Plan plans reported in each filing year

Latest sponsor-wide plan assets
$81M 35.70310590434861% vs 2022
2024 filing year
$50M$60M$70M$80M$90M 202220232024 $59.7M $81M ▲ +35.7%
Year Plans Participants Total Assets
2022 1 380 $60M
2023 1 389 $73M
2024 1 371 $81M

Nearby Defined Benefit (Pension) Plans in Alabama

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

Local Union 903 Pension Plan vs. nearby Defined Benefit (Pension) plans in Alabama, assets vs. participants Scatter plot of 6 data points. 050010001500200025003000 00.511.5 Total assets ($B) Participants Local Union 903 Pension Plan, Total assets ($B): 0.07281264 · Participants: 389Local Union 903 Pension PlanRegions Financial Corporation Retirement Plan, Total assets ($B): 1.23300032 · Participants: 292Regions Financial Corporation Retirement PlanBlue Cross and Blue Shield of Alabama Retirement Plan, Total assets ($B): 0.737313284 · Participants: 2014Blue Cross and Blue Shield of Alabama Retirement PlanRegions Financial Corporation Retirement Plan for Associates, Total assets ($B): 0.716301272 · Participants: 2395Regions Financial Corporation Retirement Plan for AssociatesVulcan Materials Company Pension Plan, Total assets ($B): 0.507585545 · Participants: 776Vulcan Materials Company Pension PlanAmerican Cast Iron Pipe Company Pension Plan, Total assets ($B): 0.440237888 · Participants: 832American Cast Iron Pipe Company Pension Plan
Local Union 903 Pension Plan vs. nearby Defined Benefit (Pension) plans in Alabama, assets vs. participants
Compare Local Union 903 Pension Plan side-by-side with 3 peers →

Local Union 903 Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Alabama, the nearest Defined Benefit (Pension) by assets is Sbera Pension Plan as Adopted by Bristol County Savings Bank in MA ($73M); by covered participants it is Independent Health Association Inc Defined Benefit Plan and Trust in NY (389 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (389 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 Union 903 Pension Plan assets move in 2023? ▼
Local Union 903 Pension Plan grew sharply - up 22.0% during 2023, from $60M to $73M. Reported net income was $13M.
How have Local Union 903 Pension Plan plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Local Union 903 Pension Plan's sponsor-wide assets grew 35.7%, from $60M to $81M.
Where does Local Union 903 Pension Plan rank by assets among Form 5500 filers? ▼
Local Union 903 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 Union 903 Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Sbera Pension Plan as Adopted by Bristol County Savings Bank in MA ($73M, 330 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Local Union 903 Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Independent Health Association Inc Defined Benefit Plan and Trust in NY (389 participants, $88M 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 646151461.

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.