Defined Benefit (Pension) · DOL Form 5500 · 2024

Board of Trustees of Local 138 Pension Trust Fund Pension Plan

Data updated 2026-07-24

$111M
Total assets: 180
Participants: 91st
Percentile by assets: $618,140
Avg per participant

Official DOL plan name: Local 138 Pension Trust Fund · Sponsored by Board of Trustees of Local 138 Pension Trust Fund · New York · Transportation & Warehousing

$111M in assets, 180 participants

Board of Trustees of Local 138 Pension Trust Fund's Local 138 Pension Trust Fund reported $111M in total assets and 180 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)

Coverage in New York

Local 138 Pension Trust Fund covers 180 participants in New York, about 23% of the average New York filer (state average ~795 per filing). Assets: $111M.

$111M
total plan assets (2024 EOY): 180
covered participants: 91st
percentile by assets (of 116,472 plans): $618,140
avg assets per participant

The plan reported a net loss of $5M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Local 138 Pension Trust Fund reported net income fell from -$546K in the plan year 2023 filing to -$5M in the plan year 2024 filing.
Local 138 Pension Trust Fund reported participants rose from 166 in the plan year 2023 filing to 180 in the plan year 2024 filing.
Local 138 Pension Trust Fund end-of-year assets fell from $116M in the plan year 2023 filing to $111M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

New York

Industry

Transportation & Warehousing

Participants vs New York filers

In New York, the average filing covers about 795 participants across 8,491 plans. Local 138 Pension Trust Fund reports 180 participants - about 23% of that state average ($111M EOY assets).

New York filing particulars

Total Assets (Beginning of Year)	$116M
Net Assets (End of Year)	$111M
Net Income	-$5M
Employer EIN	116170655
Plan Effective Date	1959-07-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Board of Trustees of Local 138 Pension Trust Fund)

Total plan assets by year, all Board of Trustees of Local 138 Pension Trust Fund plans on file

Year	Plans	Participants	Total Assets
2022	1	183	$116M
2023	1	166	$116M
2024	1	180	$111M

Nearby Defined Benefit (Pension) Plans in New York

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

Local 138 Pension Trust 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

Compare Local 138 Pension Trust Fund side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Local 138 Pension Trust Fund by total assets, not by location.

Marshall Medical Employees' Retirement Plan (CA) $111M · 934
Muviq USA Defined Benefit Pension Plan (MI) $111M · 38
Entergy Corporation Retirement Plan III (LA) $111M · 52
Pension Plan of Anne Arundel Medical Center (MD) $111M · 700

Frequently Asked Questions

How did Local 138 Pension Trust Fund assets move in 2024? ▼

Local 138 Pension Trust Fund edged down modestly - down 4.0% during 2024, from $116M to $111M. Reported net income was -$5M.

How have Board of Trustees of Local 138 Pension Trust Fund plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Board of Trustees of Local 138 Pension Trust Fund's sponsor-wide assets declined 4.5%, from $116M to $111M.

Where does Local 138 Pension Trust Fund rank by assets among Form 5500 filers? ▼

Local 138 Pension Trust Fund ranks in the 91st percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).

Which Defined Benefit (Pension) plans are similar in size to Local 138 Pension Trust Fund? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is Marshall Medical Employees' Retirement Plan in CA ($111M, 934 participants).

Next read for Local 138 Pension Trust Fund

Filing takeaways

Ways to act on Local 138 Pension Trust Fund's numbers.

By total assets, Local 138 Pension Trust 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 138 Pension Trust Fund's sponsor-wide assets have declined 4.5% since 2022 across 3 plan years on file. More Transportation & Warehousing 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 116170655.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.