Defined Benefit (Pension) · DOL Form 5500 · 2024

Board of Trustees of United Pension Plan

Data updated 2026-07-24

$49M
Total assets
147
Participants
84th
Percentile by assets
$331,906
Avg per participant
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Official DOL plan name: United Construction Workers Pension Fund · Sponsored by Board of Trustees of United · Minnesota · Construction

$49M in assets, 147 participants

Board of Trustees of United's United Construction Workers Pension Fund reported $49M in total assets and 147 participants in its 2024 DOL Form 5500 filing, ranking in the 84th 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.

  • 84th percentile by assets (of 116,472 plans)

Coverage in Minnesota

United Construction Workers Pension Fund covers 147 participants in Minnesota, about 13% of the average Minnesota filer (state average ~1,161 per filing). Assets: $49M.

$49M
total plan assets (2024 EOY)
147
covered participants
84th
percentile by assets (of 116,472 plans)
$331,906
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • United Construction Workers Pension Fund end-of-year assets rose from $45M in the plan year 2023 filing to $49M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs Minnesota filers

In Minnesota, the average filing covers about 1,161 participants across 2,725 plans. United Construction Workers Pension Fund reports 147 participants - about 13% of that state average ($49M EOY assets).

Minnesota filing particulars

Total Assets (Beginning of Year)$45M
Net Assets (End of Year)$49M
Net Income$4M
Employer EIN416175080
Plan Effective Date1972-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees of United)

$40M$45M$50M 202220232024 $41M $48.8M ▲ +18.9%
Total plan assets by year, all Board of Trustees of United plans on file
Year Plans Participants Total Assets
2022 1 164 $41M
2023 1 148 $45M
2024 1 147 $49M

Nearby Defined Benefit (Pension) Plans in Minnesota

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

United Construction Workers Pension Fund vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants

United Construction Workers Pension Fund vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants United Construction …Mayo Pension Plan3M Employee Retireme…Wells Fargo & Compan…U.S. Bank Pension PlanThe Travelers Pensio…
United Construction Workers Pension Fund vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to United Construction Workers Pension Fund by total assets, not by location.

Frequently Asked Questions

How did United Construction Workers Pension Fund assets move in 2024?
United Construction Workers Pension Fund grew at a solid clip - up 8.6% during 2024, from $45M to $49M. Reported net income was $4M.
How have Board of Trustees of United plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees of United's sponsor-wide assets grew 18.9%, from $41M to $49M.
Where does United Construction Workers Pension Fund rank by assets among Form 5500 filers?
United Construction Workers Pension Fund ranks in the 84th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to United Construction Workers Pension Fund?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Actors' Equity Association Staff Pension Plan in NY ($49M, 116 participants).

Next read for United Construction Workers Pension Fund

Filing takeaways

Ways to act on United Construction Workers Pension Fund's numbers.

  • By total assets, United Construction Workers Pension Fund ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Minnesota. Compare plans
  • Board of Trustees of United's sponsor-wide assets have grown 18.9% since 2022 across 3 plan years on file. More Construction plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 416175080.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.