Local 580 Pension Fund
ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.
Sponsored by Board of Trustees Local 580 Pension Fund · New York · Construction
What the 2023 filing shows
Local 580 Pension Fund holds $953M for 1,516 participants — about $628,366 per participant, up 10.8% over the 2024 plan year.
- $953M
- total plan assets (2024 EOY)
- 1,516
- covered participants
- $628,366
- avg assets per participant
- +10.8%
- assets growth YoY
What the Filing Says About Local 580 Pension Fund
Local 580 Pension Fund is a Other retirement plan sponsored by Board of Trustees Local 580 Pension Fund, headquartered in New York. As of the 2024 Form 5500 filing, the plan reports $953M in total end-of-year assets and covers 1,516 participants across the Construction industry. The sponsor's EIN on file with the U.S. Department of Labor is 136178514, and the plan has been effective since 1954-01-01. Its filing status is currently FILING RECEIVED.
Year over year, total assets moved from $859M at the beginning of 2024 to $953M at year-end — a gain of 10.8%. Net assets (after liabilities) closed the year at $927M, with reported net income of $92M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.
Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.
Financial Summary (2023)
| Total Assets (Beginning of Year) | $859M |
| Total Assets (End of Year) | $953M |
| Net Assets (End of Year) | $927M |
| Net Income | $92M |
| Plan Type | Other |
| Employer EIN | 136178514 |
| Plan Effective Date | 1954-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees Local 580 Pension Fund)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 1,826 | $766M |
| 2023 | 1 | 1,665 | $859M |
| 2024 | 1 | 1,516 | $953M |
Nearby Other Plans in New York
Peer Other plans — same state, same plan type — ranked by total assets.
- Northwell Health 403(b) Plan $9.9B · 48,676
- New York District Council of Carpenters Pension Pl $5.1B · 11,091
- Retirement Plan for Officers of Columbia University $5.0B · 14,407
- Columbia University Voluntary Retirement Savings Plan $4.1B · 23,835
- Columbia University Voluntary Retirement Savings Plan $3.0B · 15,290
Related Data
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Frequently Asked Questions
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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 136178514.
Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.
Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.
Read our methodology — how this data is sourced, computed, and verified.