Defined Benefit (Pension) · DOL Form 5500 · 2024
Board of Trustees of Laborers 785 Pension Plan Pension Plan
Data updated 2026-08-06
- $118M
- Total assets
- 403
- Participants
- 92nd
- Percentile by assets
- $291,926
- Avg per participant
Official DOL plan name: Laborers Local 785 Pension Plan · Sponsored by Board of Trustees of Laborers 785 Pension Plan · New York · Construction
$118M in assets, 403 participants
Board of Trustees of Laborers 785 Pension Plan's Laborers Local 785 Pension Plan reported $118M in total assets and 403 participants in its 2024 DOL Form 5500 filing, ranking in the 92nd 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.
- 92nd percentile by assets (of 116,472 plans)
Where Laborers Local 785 Pension Plan sits by assets
Laborers Local 785 Pension Plan sits in the top 10% of all filed plans by assets, $118M for 403 participants (~$291,926/participant), up 10.1% in 2024.
- $118M
- total plan assets (2024 EOY)
- 403
- covered participants
- 92nd
- percentile by assets (of 116,472 plans)
- $291,926
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Laborers Local 785 Pension Plan end-of-year assets rose from $107M in the plan year 2023 filing to $118M in the plan year 2024 filing.
- Laborers Local 785 Pension Plan reported net income fell from $12M in the plan year 2023 filing to $11M in the plan year 2024 filing.
- Laborers Local 785 Pension Plan reported participants fell from 432 in the plan year 2023 filing to 403 in the plan year 2024 filing.
Laborers Local 785 Pension Plan vs the 2024 asset distribution
By assets, Laborers Local 785 Pension Plan outranks 92% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.2x the national average plan size of $100M (730 average participants).
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $107M |
|---|---|
| Net Assets (End of Year) | $118M |
| Net Income | $11M |
| Employer EIN | 166062418 |
| Plan Effective Date | 1964-05-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees of Laborers 785 Pension Plan)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 403 | $95M |
| 2023 | 1 | 432 | $107M |
| 2024 | 1 | 403 | $118M |
Nearby Defined Benefit (Pension) Plans in New York
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Laborers Local 785 Pension Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants
- IBM Personal Pension Plan $17.9B · 48,014
- 1199seiu Health Care Employees Pension Fund $16.9B · 111,833
- Consolidated Edison Retirement Plan $15.6B · 10,608
- Pfizer Consolidated Pension Plan $10.0B · 8,876
- GE Energy Pension Plan $8.9B · 5,829
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Laborers Local 785 Pension Plan by total assets, not by location.
- Lear Combined Pension Plan (MI) $118M · 655
- Pension Plan for Collectively Bargained Employees of Nutrien (CO) $117M · 354
- The Rite Aid Pension Plan (PA) $117M · 1,647
- Hecla Mining Company Restated Retirement Plan (ID) $117M · 536
Frequently Asked Questions
How did Laborers Local 785 Pension Plan assets move in 2024? ▼
How have Board of Trustees of Laborers 785 Pension Plan plan assets changed over time? ▼
Where does Laborers Local 785 Pension Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Laborers Local 785 Pension Plan? ▼
Next read for Laborers Local 785 Pension Plan
Scale reading
Ways to act on Laborers Local 785 Pension Plan's numbers.
- By total assets, Laborers Local 785 Pension Plan ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in New York. Compare plans
- Board of Trustees of Laborers 785 Pension Plan's sponsor-wide assets have grown 23.9% 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 166062418.
Read our methodology - how this data is sourced, computed, and verified.