Defined Benefit (Pension) · DOL Form 5500 · 2024

Local 445 Pension Fund Pension Plan

Data updated 2026-08-11

$143M
Total assets
361
Participants
93rd
Percentile by assets
$396,784
Avg per participant
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Official DOL plan name: Pension Fund Local 445 · Sponsored by Local 445 Pension Fund · New York · Finance & Insurance

$143M in assets, 361 participants

Local 445 Pension Fund's Pension Fund Local 445 reported $143M in total assets and 361 participants in its 2024 DOL Form 5500 filing, ranking in the 93rd 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.

  • 93rd percentile by assets (of 123,622 plans)
  • #7,560 in Finance & Insurance (8,549 peers)

Coverage in New York

Pension Fund Local 445 covers 361 participants in New York, about 45% of the average New York filer (state average ~798 per filing). Assets: $143M.

$143M
total plan assets (2024 EOY)
361
covered participants
93rd
percentile by assets (of 123,622 plans)
$396,784
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Pension Fund Local 445 reported participants fell from 429 in the plan year 2023 filing to 361 in the plan year 2024 filing.
  • Pension Fund Local 445 reported net income fell from $8M in the plan year 2023 filing to $8M in the plan year 2024 filing.
  • Pension Fund Local 445 end-of-year assets rose from $135M in the plan year 2023 filing to $143M 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. Pension Fund Local 445 reports 361 participants - about 45% of that state average ($143M EOY assets).

New York filing particulars

Total Assets (Beginning of Year)$135M
Net Assets (End of Year)$143M
Net Income$8M
Employer EIN131864489
Plan Effective Date1956-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Local 445 Pension Fund)

$125M$130M$135M$140M$145M 202220232024 $127M $143M ▲ +12.7%
Total plan assets by year, all Local 445 Pension Fund plans on file
Year Plans Participants Total Assets
2022 1 438 $127M
2023 1 429 $135M
2024 1 361 $143M

Nearby Defined Benefit (Pension) Plans in New York

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

Pension Fund Local 445 vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants

Pension Fund Local 445 vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -505101520 Total assets ($B) Participants Pension Fund Local 445IBM Personal Pension…1199seiu Health Care…Consolidated Edison …Pfizer Consolidated …GE Energy Pension Plan
Pension Fund Local 445 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 Pension Fund Local 445 by total assets, not by location.

Frequently Asked Questions

How did Pension Fund Local 445 assets move in 2024?
Pension Fund Local 445 grew at a solid clip - up 5.7% during 2024, from $135M to $143M. Reported net income was $8M.
How have Local 445 Pension Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Local 445 Pension Fund's sponsor-wide assets grew 12.7%, from $127M to $143M.
Where does Pension Fund Local 445 rank by assets among Form 5500 filers?
Pension Fund Local 445 ranks in the 93rd 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 Pension Fund Local 445?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Texas United Corporation Pension Plan in TX ($143M, 493 participants).

Filing takeaways

Ways to act on Pension Fund Local 445's numbers.