Defined Benefit (Pension) · DOL Form 5500 · 2024

Board of Trustees of Minnesota Laborers Pension Fund Pension Plan

Data updated 2026-07-24

$3.2B
Total assets: 10,089
Participants: 100th
Percentile by assets: $317,114
Avg per participant

Official DOL plan name: Minnesota Laborers Pension Fund · Sponsored by Board of Trustees of Minnesota Laborers Pension Fund · Minnesota · Construction

$3.2B in assets, 10,089 participants

Board of Trustees of Minnesota Laborers Pension Fund's Minnesota Laborers Pension Fund reported $3.2B in total assets and 10,089 participants in its 2024 DOL Form 5500 filing, ranking in the 100th 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.

100th percentile by assets (of 116,472 plans)

Coverage in Minnesota

Minnesota Laborers Pension Fund covers 10,089 participants in Minnesota, 8.7x the typical Minnesota plan (state average ~1,161 per filing). Assets: $3.2B.

$3.2B
total plan assets (2024 EOY): 10,089
covered participants: 100th
percentile by assets (of 116,472 plans): $317,114
avg assets per participant

Minnesota Laborers Pension Fund reported net income fell from $297M in the plan year 2023 filing to $209M in the plan year 2024 filing.
Minnesota Laborers Pension Fund end-of-year assets rose from $3.0B in the plan year 2023 filing to $3.2B in the plan year 2024 filing.
Minnesota Laborers Pension Fund reported participants rose from 10,029 in the plan year 2023 filing to 10,089 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Minnesota

Industry

Construction

Participants vs Minnesota filers

In Minnesota, the average filing covers about 1,161 participants across 2,725 plans. Minnesota Laborers Pension Fund reports 10,089 participants - 8.7x that state average ($3.2B EOY assets).

Minnesota filing particulars

Total Assets (Beginning of Year)	$3.0B
Net Assets (End of Year)	$3.2B
Net Income	$209M
Employer EIN	416159599
Plan Effective Date	1967-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Board of Trustees of Minnesota Laborers Pension Fund)

Total plan assets by year, all Board of Trustees of Minnesota Laborers Pension Fund plans on file

Year	Plans	Participants	Total Assets
2022	1	10,017	$2.7B
2023	1	10,029	$3.0B
2024	1	10,089	$3.2B

Nearby Defined Benefit (Pension) Plans in Minnesota

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

Minnesota Laborers Pension Fund vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants

Mayo Pension Plan $11.8B · 71,743
3M Employee Retirement Income Plan $8.9B · 9,132
Wells Fargo & Company Cash Balance Plan $8.3B · 46,875
U.S. Bank Pension Plan $4.4B · 62,822
The Travelers Pension Plan $4.2B · 27,237

Compare Minnesota Laborers Pension Fund side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Minnesota Laborers Pension Fund by total assets, not by location.

Retirement Plan for Certain Represented Employees (MD) $3.2B · 6,769
M&t Bank Corporation Pension Plan (NY) $3.2B · 3,825
Bae Systems Employees' Retirement Plan (VA) $3.2B · 8,058
Sentara Pension Plan (VA) $3.2B · 17,156

Frequently Asked Questions

How did Minnesota Laborers Pension Fund assets move in 2024? ▼

Minnesota Laborers Pension Fund grew at a solid clip - up 7.1% during 2024, from $3.0B to $3.2B. Reported net income was $209M.

How have Board of Trustees of Minnesota Laborers Pension Fund plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Board of Trustees of Minnesota Laborers Pension Fund's sponsor-wide assets grew 18.9%, from $2.7B to $3.2B.

Where does Minnesota Laborers Pension Fund rank by assets among Form 5500 filers? ▼

Minnesota Laborers Pension Fund ranks in the 100th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).

Which Defined Benefit (Pension) plans are similar in size to Minnesota Laborers Pension Fund? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is Retirement Plan for Certain Represented Employees in MD ($3.2B, 6,769 participants).

Next read for Minnesota Laborers Pension Fund

Filing takeaways

Ways to act on Minnesota Laborers Pension Fund's numbers.

By total assets, Minnesota Laborers Pension Fund ranks among the largest 1% of all filed plans. See the largest plans
Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Minnesota. Compare plans
Board of Trustees of Minnesota Laborers Pension Fund's sponsor-wide assets have grown 18.9% since 2022 across 3 plan years on file. More Construction 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 416159599.

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.