Defined Benefit (Pension) · DOL Form 5500 · 2024

Bakers' Local No 433 Pension Plan Pension Plan

Data updated 2026-07-24

$5M
Total assets
N/A
Participants
42nd
Percentile by assets
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Official DOL plan name: Bakers Local No 433 Pension Plan · Sponsored by Bakers' Local No 433 Pension Plan · South Dakota · Finance & Insurance

$5M in assets, N/A participants

Bakers' Local No 433 Pension Plan's Bakers Local No 433 Pension Plan reported $5M in total assets and N/A participants in its 2024 DOL Form 5500 filing, ranking in the 42nd 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.

  • 42nd percentile by assets (of 116,472 plans)

Bakers' Local No 433 Pension Plan multi-year trail

Bakers' Local No 433 Pension Plan's plans moved -96.5% in assets from 2022 to 2024; this filing shows Bakers Local No 433 Pension Plan at $5M / N/A participants.

$5M
total plan assets (2024 EOY)
N/A
covered participants
42nd
percentile by assets (of 116,472 plans)
-96.6%
assets change YoY

The plan reported a net loss of $142M 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

  • Bakers Local No 433 Pension Plan reported net income fell from $6M in the plan year 2023 filing to -$142M in the plan year 2024 filing.
  • Bakers Local No 433 Pension Plan end-of-year assets fell from $146M in the plan year 2023 filing to $5M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Bakers' Local No 433 Pension Plan across 3 plan years on file

Across the 3 plan years Bakers' Local No 433 Pension Plan has on file (2022-2024), sponsor-wide plan assets have moved from $140M to $5M, a decline of 96.5%. Peak year by sponsor assets: 2023 ($146M); trough: 2024 ($5M).

Bakers' Local No 433 Pension Plan multi-year asset trail

$-50M$0M$50M$100M$150M$200M 202220232024 $140M $4.94M ▼ -96.5%
Total plan assets by year, all Bakers' Local No 433 Pension Plan plans on file
Year Plans Participants Total Assets
2022 1 N/A $140M
2023 1 N/A $146M
2024 1 N/A $5M

Bakers' Local No 433 Pension Plan filing trail (2024)

Total Assets (Beginning of Year)$146M
Net Assets (End of Year)$4M
Net Income-$142M
Employer EIN420653453
Plan Effective Date1962-05-27
Filing StatusFILING RECEIVED

Nearby Defined Benefit (Pension) Plans in South Dakota

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

Bakers Local No 433 Pension Plan vs. nearby Defined Benefit (Pension) plans in South Dakota, assets vs. participants

Bakers Local No 433 Pension Plan vs. nearby Defined Benefit (Pension) plans in South Dakota, assets vs. participants Scatter plot of 4 data points. -10000100020003000 -1000100200300 Total assets ($M) Participants Bakers Local No 433 …Black Hills Retireme…Monument Health, Inc…Gcc Dacotah, Inc. De…
Bakers Local No 433 Pension Plan vs. nearby Defined Benefit (Pension) plans in South Dakota, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Bakers Local No 433 Pension Plan by total assets, not by location.

Frequently Asked Questions

How did Bakers Local No 433 Pension Plan assets move in 2024?
Bakers Local No 433 Pension Plan contracted severely - down 96.6% during 2024, from $146M to $5M. Reported net income was -$142M.
How have Bakers' Local No 433 Pension Plan plan assets changed over time?
Across 3 plan years on file (2022-2024), Bakers' Local No 433 Pension Plan's sponsor-wide assets declined 96.5%, from $140M to $5M.
Which Defined Benefit (Pension) plans are similar in size to Bakers Local No 433 Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Trico Industries, Inc. Retirement Plan in TX ($5M, 6 participants).

Multi-year trail

Ways to act on Bakers Local No 433 Pension Plan's numbers.

  • By total assets, Bakers Local No 433 Pension Plan ranks in the lower half of filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in South Dakota. Compare plans
  • Bakers' Local No 433 Pension Plan's sponsor-wide assets have declined 96.5% since 2022 across 3 plan years on file. More Finance & Insurance plans

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 420653453.

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