Defined Benefit (Pension) · DOL Form 5500 · 2024

Board of Trustees of Laborers 785 Pension Plan Pension Plan

Data updated 2026-08-25

$118M
Total assets Near avg plan size
403
Participants Below avg headcount
92nd
Percentile by assets National rank
$291,926
Avg per participant High balance/head
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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.

  • #8,135 in Construction (9,039 peers)

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.

#8,135
in Construction (9,039 peers)
+10.1%
assets growth YoY
1.2×
vs typical plan assets (national mean)

Laborers Local 785 Pension Plan's outsized position by total assets

Laborers Local 785 Pension Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$117,646,091 Top 8% higher than 92% of 123,620 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 2024

Laborers Local 785 Pension Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Laborers Local 785 Pension Plan sits mid-pack in the medium band (403 participants).

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.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 166062418 · Board of Trustees of Laborers 785 Pension Plan PY 2024 · Defined Benefit (Pension)

Laborers Local 785 Pension Plan · $118M · 403 · 92nd

  • PART $118M
  • PART 403
  • PART 92nd
  • PART Defined Benefit (Pension)
  • PART near Lear Combined Pension Plan
  • PART ind #8135

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 New York →

Laborers Local 785 Pension Plan in the asset neighbourhood

Cmta-Gmpp & Allied Workers Local 164b Pension TrustCmta-Gmpp & Allied Workers L…$118MLear Combined Pension Plan$118MLaborers Local 785 Pension PlanLaborers Local 785 Pension P…$118MI.a. of M. Motor City Pension FundI.a. of M. Motor City Pensio…$117MPension Plan for Collectively Bargained Employees of NutrienPension Plan for Collectivel…$117M
End-of-year total assets ($M) among Laborers Local 785 Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$107M
Net Assets (End of Year)$118M
Net Income$11M
Employer EIN166062418
Plan Effective Date1964-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees of Laborers 785 Pension Plan)

Sponsor-wide plan assets over time

All Board of Trustees of Laborers 785 Pension Plan plans reported in each filing year

Latest sponsor-wide plan assets
$118M 23.91792671984469% vs 2022
2024 filing year
$90M$100M$110M$120M 202220232024 $94.9M $118M ▲ +23.9%
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 Scatter plot of 6 data points. -50000050000100000150000 -505101520 Total assets ($B) Participants Laborers Local 785 Pension Plan, Total assets ($B): 0.117646091 · Participants: 403Laborers Local 785 Pension PlanIBM Personal Pension Plan, Total assets ($B): 17.919858993 · Participants: 48014IBM Personal Pension Plan1199seiu Health Care Employees Pension Fund, Total assets ($B): 16.913316696 · Participants: 1118331199seiu Health Care Employees Pension FundConsolidated Edison Retirement Plan, Total assets ($B): 15.588456377 · Participants: 10608Consolidated Edison Retirement PlanPfizer Consolidated Pension Plan, Total assets ($B): 9.970337119 · Participants: 8876Pfizer Consolidated Pension PlanGE Energy Pension Plan, Total assets ($B): 8.92290143 · Participants: 5829GE Energy Pension Plan
Laborers Local 785 Pension Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants
Compare Laborers Local 785 Pension Plan side-by-side with 3 peers →

Laborers Local 785 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 Lear Combined Pension Plan in MI ($118M); by covered participants it is Sandvik Pension Plan in NC (403 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (403 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Laborers Local 785 Pension Plan assets move in 2024? ▼
Laborers Local 785 Pension Plan grew at a solid clip - up 10.1% during 2024, from $107M to $118M. Reported net income was $11M.
How have Board of Trustees of Laborers 785 Pension Plan plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees of Laborers 785 Pension Plan's sponsor-wide assets grew 23.9%, from $95M to $118M.
Where does Laborers Local 785 Pension Plan rank by assets among Form 5500 filers? ▼
Laborers Local 785 Pension Plan ranks in the 92nd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Laborers Local 785 Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Lear Combined Pension Plan in MI ($118M, 655 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Laborers Local 785 Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Sandvik Pension Plan in NC (403 participants, $589M in assets).

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.

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