Defined Benefit (Pension) · DOL Form 5500 · 2024

Board of Trustees of the Smart Local Unions and Councils Pension Fund Pension Plan

Data updated 2026-08-06

$397M
Total assets: 1,026
Participants: 97th
Percentile by assets: $386,767
Avg per participant

Official DOL plan name: Smart Local Unions and Councils Pension Fund · Sponsored by Board of Trustees of the Smart Local Unions and Councils Pension Fund · Virginia · Other Services

$397M in assets, 1,026 participants

Board of Trustees of the Smart Local Unions and Councils Pension Fund's Smart Local Unions and Councils Pension Fund reported $397M in total assets and 1,026 participants in its 2024 DOL Form 5500 filing, ranking in the 97th 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.

97th percentile by assets (of 116,472 plans)
#7,077 in Other Services (7,135 peers)

Where Smart Local Unions and Councils Pension Fund sits by assets

Smart Local Unions and Councils Pension Fund sits in the top 5% of all filed plans by assets, $397M for 1,026 participants (~$386,767/participant), up 5.8% in 2024.

$397M
total plan assets (2024 EOY): 1,026
covered participants: 97th
percentile by assets (of 116,472 plans): $386,767
avg assets per participant

Smart Local Unions and Councils Pension Fund reported net income fell from $26M in the plan year 2023 filing to $22M in the plan year 2024 filing.
Smart Local Unions and Councils Pension Fund reported participants rose from 938 in the plan year 2023 filing to 1,026 in the plan year 2024 filing.
Smart Local Unions and Councils Pension Fund end-of-year assets rose from $375M in the plan year 2023 filing to $397M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Virginia

Industry

Other Services

Smart Local Unions and Councils Pension Fund vs the 2024 asset distribution

By assets, Smart Local Unions and Councils Pension Fund outranks 97% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 4.0x the national average plan size of $100M (730 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)	$375M
Net Assets (End of Year)	$397M
Net Income	$22M
Employer EIN	874825609
Plan Effective Date	1971-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Board of Trustees of the Smart Local Unions and Councils Pension Fund)

Total plan assets by year, all Board of Trustees of the Smart Local Unions and Councils Pension Fund plans on file

Year	Plans	Participants	Total Assets
2022	1	928	$349M
2023	1	938	$375M
2024	1	1,026	$397M

Nearby Defined Benefit (Pension) Plans in Virginia

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

Smart Local Unions and Councils Pension Fund vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants

Northrop Grumman Pension Plan $18.8B · 12,678
Retirement Security Plan $11.5B · 56,633
Sheet Metal Workers' National Pension Fund $8.9B · 63,530
Ng Space&mission Systems Corp Salaried Pension Pla $8.4B · 6,737
Dominion Energy Pension Plan $8.3B · 11,758

Compare Smart Local Unions and Councils Pension … side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Smart Local Unions and Councils Pension Fund by total assets, not by location.

Retirement Plan of Murphy Oil Corporation (TX) $397M · 600
Cargill, Inc. and Associated Companies Pension Plan for Union Represented Hourly Wage Employees (MN) $396M · N/A
Swiss Re Group U.S. Employees' Pension Plan (NY) $396M · 328
Baxalta Incorporated and Subsidiaries Pension Plan (PA) $395M · 516

Frequently Asked Questions

How did Smart Local Unions and Councils Pension Fund assets move in 2024? ▼

Smart Local Unions and Councils Pension Fund grew at a solid clip - up 5.8% during 2024, from $375M to $397M. Reported net income was $22M.

How have Board of Trustees of the Smart Local Unions and Councils Pension Fund plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Board of Trustees of the Smart Local Unions and Councils Pension Fund's sponsor-wide assets grew 13.8%, from $349M to $397M.

Where does Smart Local Unions and Councils Pension Fund rank by assets among Form 5500 filers? ▼

Smart Local Unions and Councils Pension Fund ranks in the 97th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).

Which Defined Benefit (Pension) plans are similar in size to Smart Local Unions and Councils Pension Fund? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is Retirement Plan of Murphy Oil Corporation in TX ($397M, 600 participants).

Next read for Smart Local Unions and Councils Pension …

Scale reading

Ways to act on Smart Local Unions and Councils Pension Fund's numbers.

By total assets, Smart Local Unions and Councils Pension Fund ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Virginia. Compare plans
Board of Trustees of the Smart Local Unions and Councils Pension Fund's sponsor-wide assets have grown 13.8% since 2022 across 3 plan years on file. More Other Services 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 874825609.