Defined Benefit (Pension) · DOL Form 5500 · 2024

Excavators Union Pension Fund Loca Pension Plan

Data updated 2026-08-25

$3.0B
Total assets Very large vs avg
5,257
Participants Above avg headcount
99th
Percentile by assets National rank
$575,711
Avg per participant High balance/head
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Official DOL plan name: Excavators Union Local 731 Pension Fund · Sponsored by Excavators Union Pension Fund Loca · New York · Construction

$3.0B in assets, 5,257 participants

Excavators Union Pension Fund Loca's Excavators Union Local 731 Pension Fund reported $3.0B in total assets and 5,257 participants in its 2024 DOL Form 5500 filing, ranking in the 99th 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.

  • #9,001 in Construction (9,039 peers)

Coverage in New York

Excavators Union Local 731 Pension Fund covers 5,257 participants in New York, 6.6x the typical New York plan (state average ~798 per filing). Assets: $3.0B.

#9,001
in Construction (9,039 peers)
+14.4%
assets growth YoY
30×
vs typical plan assets (national mean)

Excavators Union Local 731 Pension Fund's outsized position by total assets

Excavators Union Local 731 Pension Fund vs every filed plan by assets

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

$3,026,514,062 Top 1% higher than 99% 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

Excavators Union Local 731 Pension Fund's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Excavators Union Local 731 Pension Fund lands in the large band (5,257 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Excavators Union Local 731 Pension Fund end-of-year assets rose from $2.6B in the plan year 2023 filing to $3.0B in the plan year 2024 filing.
  • Excavators Union Local 731 Pension Fund reported net income rose from $359M in the plan year 2023 filing to $379M in the plan year 2024 filing.
  • Excavators Union Local 731 Pension Fund reported participants fell from 5,279 in the plan year 2023 filing to 5,257 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 131809825 · Excavators Union Pension Fund Loca PY 2024 · Defined Benefit (Pension)

Excavators Union Local 731 Pension Fund · $3.0B · 5,257 · 99th

  • 5500 $3.0B
  • 5500 5,257
  • 5500 99th
  • 5500 Defined Benefit (Pension)
  • 5500 near Factory Mutual Insurance Company Pension Plan
  • 5500 ind #9001

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 New York →

Excavators Union Local 731 Pension Fund in the asset neighbourhood

Excavators Union Local 731 Pension FundExcavators Union Local 731 P…$3.0BFactory Mutual Insurance Company Pension PlanFactory Mutual Insurance Com…$3.0BErnst & Young Partnership Defined Benefit Retirement PlanErnst & Young Partnership De…$3.0BUpmc Basic Retirement Plan$3.0BPipe Fitters Retirement Fund, Local 597Pipe Fitters Retirement Fund…$3.0B
End-of-year total assets ($B) among Excavators Union Local 731 Pension Fund and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

New York filing particulars

Total Assets (Beginning of Year)$2.6B
Net Assets (End of Year)$3.0B
Net Income$379M
Employer EIN131809825
Plan Effective Date1955-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Excavators Union Pension Fund Loca)

Sponsor-wide plan assets over time

All Excavators Union Pension Fund Loca plans reported in each filing year

Latest sponsor-wide plan assets
$3.0B 32.30379143926037% vs 2022
2024 filing year
$2B$2.5B$3B$3.5B 202220232024 $2.29B $3.03B ▲ +32.3%
Year Plans Participants Total Assets
2022 1 5,145 $2.3B
2023 1 5,279 $2.6B
2024 1 5,257 $3.0B

Nearby Defined Benefit (Pension) Plans in New York

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

Excavators Union Local 731 Pension Fund vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 05101520 Total assets ($B) Participants Excavators Union Local 731 Pension Fund, Total assets ($B): 3.026514062 · Participants: 5257Excavators Union Local 731 Pension FundIBM Personal Pension Plan, Total assets ($B): 17.919858993 · Participants: 48014IBM Personal Pension Plan1199seiu Health Care Employees Pension Fund, Total assets ($B): 16.913316696 · Participants: 1118331199seiu Health Care Employees Pension FundConsolidated Edison Retirement Plan, Total assets ($B): 15.588456377 · Participants: 10608Consolidated Edison Retirement PlanPfizer Consolidated Pension Plan, Total assets ($B): 9.970337119 · Participants: 8876Pfizer Consolidated Pension PlanGE Energy Pension Plan, Total assets ($B): 8.92290143 · Participants: 5829GE Energy Pension Plan
Excavators Union Local 731 Pension Fund vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants

Scale composition for Excavators Union Local 731 Pension Fund

Excavators Union Local 731 Pension Fund reports $3.0B in end-of-year assets across 5,257 participants (0.025% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $575,711 per participant (4.2x the national average assets-per-participant) . Net income for plan year 2024 was $379M.

This plan identity (EIN 131809825, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $2.3B to $3.0B (+32.3%) while covered participants moved from 5,145 to 5,257 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 5,145 $2.3B Open filing
2023 5,279 $2.6B Open filing
2024 · index core 5,257 $3.0B This page

Excavators Union Local 731 Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New York, the nearest Defined Benefit (Pension) by assets is Factory Mutual Insurance Company Pension Plan in RI ($3.0B); by covered participants it is Cadence Retirement Plan and Trust Agreement in MS (5,242 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($3.0B here).

Similar participant headcount

Nearest other-state filings by covered participants (5,257 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 Excavators Union Local 731 Pension Fund assets move in 2024?
Excavators Union Local 731 Pension Fund grew at a solid clip - up 14.4% during 2024, from $2.6B to $3.0B. Reported net income was $379M.
How have Excavators Union Pension Fund Loca plan assets changed over time?
Across 3 plan years on file (2022-2024), Excavators Union Pension Fund Loca's sponsor-wide assets grew 32.3%, from $2.3B to $3.0B.
Where does Excavators Union Local 731 Pension Fund rank by assets among Form 5500 filers?
Excavators Union Local 731 Pension Fund ranks in the 99th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to Excavators Union Local 731 Pension Fund?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Factory Mutual Insurance Company Pension Plan in RI ($3.0B, 3,656 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Excavators Union Local 731 Pension Fund?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Cadence Retirement Plan and Trust Agreement in MS (5,242 participants, $341M in assets).