Defined Benefit (Pension) · DOL Form 5500 · 2024

Trustees of Local 153- Ghi Pension Plan Pension Plan

Data updated 2026-08-11

$237M
Total assets
126
Participants
95th
Percentile by assets
$1.9M
Avg per participant
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Official DOL plan name: Local 153-Ghi Pension Plan · Sponsored by Trustees of Local 153- Ghi Pension Plan · New York · Finance & Insurance

$237M in assets, 126 participants

Trustees of Local 153- Ghi Pension Plan's Local 153-Ghi Pension Plan reported $237M in total assets and 126 participants in its 2024 DOL Form 5500 filing, ranking in the 95th 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.

  • 95th percentile by assets (of 123,622 plans)
  • #7,852 in Finance & Insurance (8,549 peers)

Coverage in New York

Local 153-Ghi Pension Plan covers 126 participants in New York, about 16% of the average New York filer (state average ~798 per filing). Assets: $237M.

$237M
total plan assets (2024 EOY)
126
covered participants
95th
percentile by assets (of 123,622 plans)
$1.9M
avg assets per participant

The plan reported a net loss of $13M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Local 153-Ghi Pension Plan reported net income fell from $11M in the plan year 2023 filing to -$13M in the plan year 2024 filing.
  • Local 153-Ghi Pension Plan reported participants fell from 143 in the plan year 2023 filing to 126 in the plan year 2024 filing.
  • Local 153-Ghi Pension Plan end-of-year assets fell from $252M in the plan year 2023 filing to $237M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Participants vs New York filers

In New York, the average filing covers about 798 participants across 9,061 plans. Local 153-Ghi Pension Plan reports 126 participants - about 16% of that state average ($237M EOY assets).

New York filing particulars

Total Assets (Beginning of Year)$252M
Net Assets (End of Year)$237M
Net Income-$13M
Employer EIN272148632
Plan Effective Date1954-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Trustees of Local 153- Ghi Pension Plan)

$235M$240M$245M$250M$255M 202220232024 $241M $237M ▼ -1.4%
Total plan assets by year, all Trustees of Local 153- Ghi Pension Plan plans on file
Year Plans Participants Total Assets
2022 1 149 $241M
2023 1 143 $252M
2024 1 126 $237M

Nearby Defined Benefit (Pension) Plans in New York

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

Local 153-Ghi Pension Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants

Local 153-Ghi 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 Local 153-Ghi Pensio…IBM Personal Pension…1199seiu Health Care…Consolidated Edison …Pfizer Consolidated …GE Energy Pension Plan
Local 153-Ghi Pension Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Local 153-Ghi Pension Plan by total assets, not by location.

Frequently Asked Questions

How did Local 153-Ghi Pension Plan assets move in 2024?
Local 153-Ghi Pension Plan pulled back noticeably - down 5.6% during 2024, from $252M to $237M. Reported net income was -$13M.
How have Trustees of Local 153- Ghi Pension Plan plan assets changed over time?
Across 3 plan years on file (2022-2024), Trustees of Local 153- Ghi Pension Plan's sponsor-wide assets declined 1.4%, from $241M to $237M.
Where does Local 153-Ghi Pension Plan rank by assets among Form 5500 filers?
Local 153-Ghi Pension Plan ranks in the 95th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Local 153-Ghi Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Pedernales Electric Cooperative, Inc. Employees Defined Benefit Retirement Plan in TX ($238M, 169 participants).

Filing takeaways

Ways to act on Local 153-Ghi Pension Plan's numbers.

  • By total assets, Local 153-Ghi Pension Plan ranks in the top 5% 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
  • Trustees of Local 153- Ghi Pension Plan's sponsor-wide assets have declined 1.4% since 2022 across 3 plan years on file. More Finance & Insurance plans