Defined Benefit (Pension) · DOL Form 5500 · 2024

Board of Trustees of Massachusetts Laborers' Pension Fund Pension Plan

Data updated 2026-08-25

$2.5B
Total assets Very large vs avg
10,203
Participants Very large workforce
99th
Percentile by assets National rank
$245,906
Avg per participant Above avg balance/head
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Official DOL plan name: Massachusetts Laborers' Pension Fund · Sponsored by Board of Trustees of Massachusetts Laborers' Pension Fund · Massachusetts · Construction

$2.5B in assets, 10,203 participants

Board of Trustees of Massachusetts Laborers' Pension Fund's Massachusetts Laborers' Pension Fund reported $2.5B in total assets and 10,203 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.

  • #8,995 in Construction (9,039 peers)

Coverage in Massachusetts

Massachusetts Laborers' Pension Fund covers 10,203 participants in Massachusetts, 15x the typical Massachusetts plan (state average ~659 per filing). Assets: $2.5B.

#8,995
in Construction (9,039 peers)
+7.0%
assets growth YoY
25×
vs typical plan assets (national mean)

Massachusetts Laborers' Pension Fund's outsized position by total assets

Massachusetts Laborers' Pension Fund vs every filed plan by assets

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

$2,508,982,541 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

Massachusetts Laborers' Pension Fund's mega-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Massachusetts Laborers' Pension Fund is a mega filing (10,203 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Massachusetts Laborers' Pension Fund reported net income fell from $246M in the plan year 2023 filing to $164M in the plan year 2024 filing.
  • Massachusetts Laborers' Pension Fund end-of-year assets rose from $2.3B in the plan year 2023 filing to $2.5B in the plan year 2024 filing.
  • Massachusetts Laborers' Pension Fund reported participants rose from 10,116 in the plan year 2023 filing to 10,203 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 046128298 · Board of Trustees of Massachusetts Laborers' Pension Fund PY 2024 · Defined Benefit (Pension)

Massachusetts Laborers' Pension Fund · $2.5B · 10,203 · 99th

  • BOY $2.5B
  • SCH 10,203
  • EBSA 99th
  • PART Defined Benefit (Pension)
  • TYPE near Newyork-Presbyterian Pension Plan
  • NET ind #8995

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 Massachusetts →

Massachusetts Laborers' Pension Fund in the asset neighbourhood

Retirement&security Program for Employees of Ntca and Its MembersRetirement&security Program …$2.5BMassachusetts Laborers' Pension FundMassachusetts Laborers' Pens…$2.5BNewyork-Presbyterian Pension PlanNewyork-Presbyterian Pension…$2.5BDirectors Guild of America-Producer Pension Plan Basic Benefit PlanDirectors Guild of America-P…$2.5BSysco Corporation Retirement PlanSysco Corporation Retirement…$2.5B
End-of-year total assets ($B) among Massachusetts Laborers' Pension Fund and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Massachusetts filing particulars

Total Assets (Beginning of Year)$2.3B
Net Assets (End of Year)$2.5B
Net Income$164M
Employer EIN046128298
Plan Effective Date1961-12-11
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees of Massachusetts Laborers' Pension Fund)

Sponsor-wide plan assets over time

All Board of Trustees of Massachusetts Laborers' Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$2.5B 19.388437717789653% vs 2022
2024 filing year
$2B$2.2B$2.4B$2.6B 202220232024 $2.1B $2.51B ▲ +19.5%
Year Plans Participants Total Assets
2022 1 10,000 $2.1B
2023 1 10,116 $2.3B
2024 1 10,203 $2.5B

Nearby Defined Benefit (Pension) Plans in Massachusetts

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

Massachusetts Laborers' Pension Fund vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. 020000400006000080000 2468101214 Total assets ($B) Participants Massachusetts Laborers' Pension Fund, Total assets ($B): 2.508982541 · Participants: 10203Massachusetts Laborers' Pension FundConsolidated Cash Balance Program of Mass General Brigham and Member Organizations, Total assets ($B): 11.586293172 · Participants: 60621Consolidated Cash Balance Program of Mass General Brigham and Member OrganizationsNew England Teamsters Pension Fund, Total assets ($B): 9.093299462 · Participants: 21577New England Teamsters Pension FundLiberty Mutual Retirement Benefit Plan, Total assets ($B): 6.250686483 · Participants: 34910Liberty Mutual Retirement Benefit PlanMassachusetts Institute of Technology Basic Retirement Plan, Total assets ($B): 5.888715533 · Participants: 12533Massachusetts Institute of Technology Basic Retirement PlanN. Atlantic States Carp. Pension Fund, Total assets ($B): 5.086051556 · Participants: 16946N. Atlantic States Carp. Pension Fund
Massachusetts Laborers' Pension Fund vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants

Scale composition for Massachusetts Laborers' Pension Fund

Massachusetts Laborers' Pension Fund reports $2.5B in end-of-year assets across 10,203 participants (0.020% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.011% of 93,925,755 covered participants) - about $245,906 per participant (1.8x the national average assets-per-participant) . Net income for plan year 2024 was $164M.

This plan identity (EIN 046128298, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $2.1B to $2.5B (+19.4%) while covered participants moved from 10,000 to 10,203 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 10,000 $2.1B Open filing
2023 10,116 $2.3B Open filing
2024 · index core 10,203 $2.5B This page

Massachusetts Laborers' Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Massachusetts, the nearest Defined Benefit (Pension) by assets is Newyork-Presbyterian Pension Plan in NY ($2.5B); by covered participants it is Building Trades United Pension Trust Fund Milwaukee and Vicinity in WI (10,236 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (10,203 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 Massachusetts Laborers' Pension Fund assets move in 2024?
Massachusetts Laborers' Pension Fund grew at a solid clip - up 7.0% during 2024, from $2.3B to $2.5B. Reported net income was $164M.
How have Board of Trustees of Massachusetts Laborers' Pension Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees of Massachusetts Laborers' Pension Fund's sponsor-wide assets grew 19.4%, from $2.1B to $2.5B.
Where does Massachusetts Laborers' Pension Fund rank by assets among Form 5500 filers?
Massachusetts Laborers' 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 Massachusetts Laborers' Pension Fund?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Newyork-Presbyterian Pension Plan in NY ($2.5B, 18,881 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Massachusetts Laborers' Pension Fund?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Building Trades United Pension Trust Fund Milwaukee and Vicinity in WI (10,236 participants, $3.5B in assets).