Defined Benefit (Pension) · DOL Form 5500 · 2024

Board of Trustees Laborers Local 231 Pension Fund Pension Plan

Data updated 2026-08-25

$126M
Total assets Near avg plan size
455
Participants Below avg headcount
92nd
Percentile by assets National rank
$276,485
Avg per participant High balance/head
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Official DOL plan name: Laborers Local 231 Pension Plan · Sponsored by Board of Trustees Laborers Local 231 Pension Fund · Illinois · Construction

$126M in assets, 455 participants

Board of Trustees Laborers Local 231 Pension Fund's Laborers Local 231 Pension Plan reported $126M in total assets and 455 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.

  • #8,182 in Construction (9,039 peers)

Where Laborers Local 231 Pension Plan sits by assets

Laborers Local 231 Pension Plan sits in the top 10% of all filed plans by assets, $126M for 455 participants (~$276,485/participant), up 11.6% in 2024.

#8,182
in Construction (9,039 peers)
+11.6%
assets growth YoY
1.3×
vs typical plan assets (national mean)

Laborers Local 231 Pension Plan's outsized position by total assets

Laborers Local 231 Pension Plan vs every filed plan by assets

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

$125,800,670 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 231 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 231 Pension Plan sits mid-pack in the medium band (455 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Laborers Local 231 Pension Plan reported net income rose from $11M in the plan year 2023 filing to $13M in the plan year 2024 filing.
  • Laborers Local 231 Pension Plan end-of-year assets rose from $113M in the plan year 2023 filing to $126M in the plan year 2024 filing.
  • Laborers Local 231 Pension Plan reported participants rose from 426 in the plan year 2023 filing to 455 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 376040563 · Board of Trustees Laborers Local 231 Pension Fund PY 2024 · Defined Benefit (Pension)

Laborers Local 231 Pension Plan · $126M · 455 · 92nd

  • ASSETS $126M
  • ASSETS 455
  • ASSETS 92nd
  • ASSETS Defined Benefit (Pension)
  • ASSETS near Loomis-Sayles Funded Pension Plan
  • ASSETS ind #8182

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 Illinois →

Laborers Local 231 Pension Plan in the asset neighbourhood

Smwia Staff Pension Plan$126MLaborers Local 231 Pension PlanLaborers Local 231 Pension P…$126MLoomis-Sayles Funded Pension PlanLoomis-Sayles Funded Pension…$126MZiply Fiber Pension Plan$126MBrown University Dining Services and Facilities Management Employees Pension PlanBrown University Dining Serv…$126M
End-of-year total assets ($M) among Laborers Local 231 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)$113M
Net Assets (End of Year)$126M
Net Income$13M
Employer EIN376040563
Plan Effective Date1963-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees Laborers Local 231 Pension Fund)

Sponsor-wide plan assets over time

All Board of Trustees Laborers Local 231 Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$126M 24.210361271020677% vs 2022
2024 filing year
$90M$100M$110M$120M$130M 202220232024 $101M $126M ▲ +24.2%
Year Plans Participants Total Assets
2022 1 401 $101M
2023 1 426 $113M
2024 1 455 $126M

Nearby Defined Benefit (Pension) Plans in Illinois

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

Laborers Local 231 Pension Plan vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000001000020000300004000050000 -200204060 Total assets ($B) Participants Laborers Local 231 Pension Plan, Total assets ($B): 0.12580067 · Participants: 455Laborers Local 231 Pension PlanCentral States, Southeast & Southwest Areas Pension Plan, Total assets ($B): 48.22071058 · Participants: 36799Central States, Southeast & Southwest Areas Pension PlanState Farm Insurance Companies Retirement Plan for United States Employees, Total assets ($B): 37.736369487 · Participants: 41619State Farm Insurance Companies Retirement Plan for United States EmployeesGE Healthcare Pension Plan, Total assets ($B): 13.74052931 · Participants: 5554GE Healthcare Pension PlanAbbott Laboratories Annuity Retirement Plan, Total assets ($B): 8.591907247 · Participants: 17875Abbott Laboratories Annuity Retirement PlanUnited Food & Commercial Workers Intl Union - Industry Pension Fund, Total assets ($B): 8.17675965 · Participants: 20984United Food & Commercial Workers Intl Union - Industry Pension Fund
Laborers Local 231 Pension Plan vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants
Compare Laborers Local 231 Pension Plan side-by-side with 3 peers →

Laborers Local 231 Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Illinois, the nearest Defined Benefit (Pension) by assets is Loomis-Sayles Funded Pension Plan in MA ($126M); by covered participants it is Hawaii Sheet Metal Workers Pension Fund in HI (455 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($126M here).

Similar participant headcount

Nearest other-state filings by covered participants (455 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 231 Pension Plan assets move in 2024? ▼
Laborers Local 231 Pension Plan grew at a solid clip - up 11.6% during 2024, from $113M to $126M. Reported net income was $13M.
How have Board of Trustees Laborers Local 231 Pension Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees Laborers Local 231 Pension Fund's sponsor-wide assets grew 24.2%, from $101M to $126M.
Where does Laborers Local 231 Pension Plan rank by assets among Form 5500 filers? ▼
Laborers Local 231 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 231 Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Loomis-Sayles Funded Pension Plan in MA ($126M, 115 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Laborers Local 231 Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Hawaii Sheet Metal Workers Pension Fund in HI (455 participants, $316M 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 376040563.

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.