Defined Benefit (Pension) · DOL Form 5500 · 2024
Board of Trustees of Local 1034 Pension Fund Pension Plan
Data updated 2026-08-11
- $113M
- Total assets
- 103
- Participants
- 91st
- Percentile by assets
- $1.1M
- Avg per participant
Official DOL plan name: Local 1034 Pension Fund · Sponsored by Board of Trustees of Local 1034 Pension Fund · New York · Other Services
$113M in assets, 103 participants
Board of Trustees of Local 1034 Pension Fund's Local 1034 Pension Fund reported $113M in total assets and 103 participants in its 2024 DOL Form 5500 filing, ranking in the 91st 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.
- 91st percentile by assets (of 123,622 plans)
- #7,480 in Other Services (7,719 peers)
Coverage in New York
Local 1034 Pension Fund covers 103 participants in New York, about 13% of the average New York filer (state average ~798 per filing). Assets: $113M.
- $113M
- total plan assets (2024 EOY)
- 103
- covered participants
- 91st
- percentile by assets (of 123,622 plans)
- $1.1M
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Local 1034 Pension Fund reported net income rose from -$37K in the plan year 2023 filing to $50M in the plan year 2024 filing.
- Local 1034 Pension Fund end-of-year assets rose from $64M in the plan year 2023 filing to $113M in the plan year 2024 filing.
- Local 1034 Pension Fund reported participants fell from 116 in the plan year 2023 filing to 103 in the plan year 2024 filing.
Participants vs New York filers
In New York, the average filing covers about 798 participants across 9,061 plans. Local 1034 Pension Fund reports 103 participants - about 13% of that state average ($113M EOY assets).
New York filing particulars
| Total Assets (Beginning of Year) | $64M |
|---|---|
| Net Assets (End of Year) | $113M |
| Net Income | $50M |
| Employer EIN | 136594795 |
| Plan Effective Date | 1965-10-15 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees of Local 1034 Pension Fund)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 88 | $64M |
| 2023 | 1 | 116 | $64M |
| 2024 | 1 | 103 | $113M |
Nearby Defined Benefit (Pension) Plans in New York
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Local 1034 Pension Fund vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants
- IBM Personal Pension Plan $17.9B · 48,014
- 1199seiu Health Care Employees Pension Fund $16.9B · 111,833
- Consolidated Edison Retirement Plan $15.6B · 10,608
- Pfizer Consolidated Pension Plan $10.0B · 8,876
- GE Energy Pension Plan $8.9B · 5,829
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Local 1034 Pension Fund by total assets, not by location.
- Esco Corporation Pension Plan (TX) $113M · 231
- Middle River Aerostructure Systems Hourly Pension Plan (MD) $113M · 254
- Gray Television, Inc. Retirement Plan (GA) $113M · 732
- American Savings Bank Retirement Plan (HI) $113M · 231
Frequently Asked Questions
How did Local 1034 Pension Fund assets move in 2024? ▼
How have Board of Trustees of Local 1034 Pension Fund plan assets changed over time? ▼
Where does Local 1034 Pension Fund rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Local 1034 Pension Fund? ▼
Next read for Local 1034 Pension Fund
Filing takeaways
Ways to act on Local 1034 Pension Fund's numbers.
- By total assets, Local 1034 Pension Fund ranks in the top 10% 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
- Board of Trustees of Local 1034 Pension Fund's sponsor-wide assets have grown 77.7% since 2022 across 3 plan years on file. More Other Services plans