Defined Benefit (Pension) · DOL Form 5500 · 2024
Joint Board of Trustees of Local 153 Pension Fund Pension Plan
Data updated 2026-07-24
- $130M
- Total assets
- 1,722
- Participants
- 92nd
- Percentile by assets
- $75,453
- Avg per participant
Official DOL plan name: Local 153 Pension Fund · Sponsored by Joint Board of Trustees of Local 153 Pension Fund · New York · Other Services
$130M in assets, 1,722 participants
Joint Board of Trustees of Local 153 Pension Fund's Local 153 Pension Fund reported $130M in total assets and 1,722 participants in its 2024 DOL Form 5500 filing, ranking in the 92nd 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.
- 92nd percentile by assets (of 116,472 plans)
Coverage in New York
Local 153 Pension Fund covers 1,722 participants in New York, 2.2x the typical New York plan (state average ~795 per filing). Assets: $130M.
- $130M
- total plan assets (2024 EOY)
- 1,722
- covered participants
- 92nd
- percentile by assets (of 116,472 plans)
- $75,453
- avg assets per participant
The plan reported a net loss of $9M 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 153 Pension Fund reported net income rose from -$11M in the plan year 2023 filing to -$9M in the plan year 2024 filing.
- Local 153 Pension Fund end-of-year assets fell from $139M in the plan year 2023 filing to $130M in the plan year 2024 filing.
- Local 153 Pension Fund reported participants rose from 1,628 in the plan year 2023 filing to 1,722 in the plan year 2024 filing.
Participants vs New York filers
In New York, the average filing covers about 795 participants across 8,491 plans. Local 153 Pension Fund reports 1,722 participants - 2.2x that state average ($130M EOY assets).
New York filing particulars
| Total Assets (Beginning of Year) | $139M |
|---|---|
| Net Assets (End of Year) | $129M |
| Net Income | -$9M |
| Employer EIN | 132864289 |
| Plan Effective Date | 1961-02-10 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Joint Board of Trustees of Local 153 Pension Fund)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 1,723 | $150M |
| 2023 | 1 | 1,628 | $139M |
| 2024 | 1 | 1,722 | $130M |
Nearby Defined Benefit (Pension) Plans in New York
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Local 153 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 153 Pension Fund by total assets, not by location.
- Beebe Medical Center Pension Plan (DE) $130M · 639
- Cbera Plan C (MA) $130M · 453
- Hubbell Pension Plan F/K/a Hubbell Inc. for Collectively Bargained Hourly Employees (CT) $130M · 610
- Ti Group Automotive Systems Retirement Plan (MI) $130M · 292
Frequently Asked Questions
How did Local 153 Pension Fund assets move in 2024? ▼
How have Joint Board of Trustees of Local 153 Pension Fund plan assets changed over time? ▼
Where does Local 153 Pension Fund rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Local 153 Pension Fund? ▼
Next read for Local 153 Pension Fund
Filing takeaways
Ways to act on Local 153 Pension Fund's numbers.
- By total assets, Local 153 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
- Joint Board of Trustees of Local 153 Pension Fund's sponsor-wide assets have declined 13.2% 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 132864289.
Read our methodology - how this data is sourced, computed, and verified.