Other
2024 plan-year Other DOL Form 5500

Laborers Local 231 Pension Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Board of Trustees Laborers Local 231 Pension Fund · Illinois · Construction

What the 2023 filing shows

Laborers Local 231 Pension Plan holds $126M for 455 participants — about $276,485 per participant, up 11.6% over the 2024 plan year.

$126M
total plan assets (2024 EOY)
455
covered participants
$276,485
avg assets per participant
+11.6%
assets growth YoY
Total Assets (2023)
$126M
Participants
455
State
Industry
Construction

What the Filing Says About Laborers Local 231 Pension Plan

Laborers Local 231 Pension Plan is a Other retirement plan sponsored by Board of Trustees Laborers Local 231 Pension Fund, headquartered in Illinois. As of the 2024 Form 5500 filing, the plan reports $126M in total end-of-year assets and covers 455 participants across the Construction industry. The sponsor's EIN on file with the U.S. Department of Labor is 376040563, and the plan has been effective since 1963-05-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $113M at the beginning of 2024 to $126M at year-end — a gain of 11.6%. Net assets (after liabilities) closed the year at $126M, with reported net income of $13M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$113M
Total Assets (End of Year)$126M
Net Assets (End of Year)$126M
Net Income$13M
Plan TypeOther
Employer EIN376040563
Plan Effective Date1963-05-01
Filing StatusFILING RECEIVED

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

Year Plans Participants Total Assets
2022 1 401 $101M
2023 1 426 $113M
2024 1 455 $126M

Nearby Other Plans in Illinois

Peer Other plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the Laborers Local 231 Pension Plan?
As of the 2024 Form 5500 filing, Laborers Local 231 Pension Plan holds $126M in total assets with 455 participants. It is sponsored by Board of Trustees Laborers Local 231 Pension Fund.
What type of plan is Laborers Local 231 Pension Plan?
Laborers Local 231 Pension Plan is a Other plan. It has been effective since 1963-05-01. The plan is filed with the U.S. Department of Labor under EIN 376040563.
Who sponsors the Laborers Local 231 Pension Plan?
Laborers Local 231 Pension Plan is sponsored by Board of Trustees Laborers Local 231 Pension Fund, located in Illinois. The sponsor's EIN is 376040563 and the plan operates in the Construction industry.
How did Laborers Local 231 Pension Plan perform in 2024?
Laborers Local 231 Pension Plan grew by 11.6% during 2024, moving from $113M to $126M in total assets. Net income was $13M.
Where can I find official filings for Laborers Local 231 Pension Plan?
Official Form 5500 filings for Laborers Local 231 Pension Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 376040563 or plan name at efast.dol.gov.
How does Laborers Local 231 Pension Plan compare to other plans?
You can compare Laborers Local 231 Pension Plan against other Other plans on the plan type page, or view plans in Illinois on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

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