Defined Benefit (Pension) · DOL Form 5500 · 2024
Board of Trustees Local 381 Pension Pension Plan
Data updated 2026-08-06
- $104M
- Total assets
- 59
- Participants
- 91st
- Percentile by assets
- $1.8M
- Avg per participant
Official DOL plan name: Local 381 Pension Fund · Sponsored by Board of Trustees Local 381 Pension · New York · Manufacturing
$104M in assets, 59 participants
Board of Trustees Local 381 Pension's Local 381 Pension Fund reported $104M in total assets and 59 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 116,472 plans)
Where Local 381 Pension Fund sits by assets
Local 381 Pension Fund sits in the top 10% of all filed plans by assets, $104M for 59 participants (~$1.8M/participant), down 0.4% in 2024.
- $104M
- total plan assets (2024 EOY)
- 59
- covered participants
- 91st
- percentile by assets (of 116,472 plans)
- $1.8M
- avg assets per participant
The plan reported a net loss of $464K 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
- Local 381 Pension Fund reported net income rose from -$3M in the plan year 2023 filing to -$464K in the plan year 2024 filing.
- Local 381 Pension Fund reported participants fell from 123 in the plan year 2023 filing to 59 in the plan year 2024 filing.
- Local 381 Pension Fund end-of-year assets fell from $105M in the plan year 2023 filing to $104M in the plan year 2024 filing.
Local 381 Pension Fund vs the 2024 asset distribution
By assets, Local 381 Pension Fund outranks 91% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.0x the national average plan size of $100M (730 average participants).
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $105M |
|---|---|
| Net Assets (End of Year) | $100M |
| Net Income | -$464K |
| Employer EIN | 136119547 |
| Plan Effective Date | 1957-11-14 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees Local 381 Pension)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 196 | $108M |
| 2023 | 1 | 123 | $105M |
| 2024 | 1 | 59 | $104M |
Nearby Defined Benefit (Pension) Plans in New York
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Local 381 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 381 Pension Fund by total assets, not by location.
- Pension Plan for Eaton Employees in Puerto Rico (TX) $104M · 1,525
- Ng Master Inactive Qualified Plan (VA) $104M · N/A
- Berklee College of Music, Inc. Retirement Plan (MA) $104M · 291
- Major League Baseball Pension Plan for Non-Uniformed Personnel (CA) $104M · 323
Frequently Asked Questions
How did Local 381 Pension Fund assets move in 2024? ▼
How have Board of Trustees Local 381 Pension plan assets changed over time? ▼
Where does Local 381 Pension Fund rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Local 381 Pension Fund? ▼
Next read for Local 381 Pension Fund
Scale reading
Ways to act on Local 381 Pension Fund's numbers.
- By total assets, Local 381 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 Local 381 Pension's sponsor-wide assets have declined 3.2% since 2022 across 3 plan years on file. More Manufacturing 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 136119547.
Read our methodology - how this data is sourced, computed, and verified.