Defined Benefit (Pension) · DOL Form 5500 · 2024
Board of Trustees, Employers-Shopmen's Local 516 Pension Plan
Data updated 2026-08-25
- $74M
- Total assets Below avg plan size
- 575
- Participants Below avg headcount
- 88th
- Percentile by assets National rank
- $129,243
- Avg per participant Near avg balance/head
Official DOL plan name: Pension Plan of the Employers-Shopmen's Local 516 Pension Trust · Sponsored by Board of Trustees, Employers-Shopmen's Local 516 · Oregon · Manufacturing
$74M in assets, 575 participants
Board of Trustees, Employers-Shopmen's Local 516's Pension Plan of the Employers-Shopmen's Local 516 Pension Trust reported $74M in total assets and 575 participants in its 2024 DOL Form 5500 filing, ranking in the 88th 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.
- #14,692 in Manufacturing (17,777 peers)
Where Pension Plan of the Employers-Shopmen's Local 516 Pension Trust sits by assets
Pension Plan of the Employers-Shopmen's Local 516 Pension Trust sits in the top quartile of all filed plans by assets, $74M for 575 participants (~$129,243/participant), down 0.6% in 2024.
- #14,692
- in Manufacturing (17,777 peers)
- -0.6%
- assets change YoY
- 0.7×
- vs typical plan assets (national mean)
The plan reported a net loss of $407K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Pension Plan of the Employers-Shopmen's Local 516 Pension Trust's outsized position by total assets
Pension Plan of the Employers-Shopmen's Local 516 Pension Trust vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$74,314,918 Top 12% higher than 88% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Pension Plan of the Employers-Shopmen's Local 516 Pension Trust among mid-size filed plans by headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Pension Plan of the Employers-Shopmen's Local 516 Pension Trust sits mid-pack in the medium band (575 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Pension Plan of the Employers-Shopmen's Local 516 Pension Trust reported net income fell from $581K in the plan year 2023 filing to -$407K in the plan year 2024 filing.
- Pension Plan of the Employers-Shopmen's Local 516 Pension Trust reported participants fell from 650 in the plan year 2023 filing to 575 in the plan year 2024 filing.
- Pension Plan of the Employers-Shopmen's Local 516 Pension Trust end-of-year assets fell from $75M in the plan year 2023 filing to $74M in the plan year 2024 filing.
EBSA filing schedule strip
Filing strip 930656480 · Board of Trustees, Employers-Shopmen's Local 516 PY 2024 · Defined Benefit (Pension)
Pension Plan of the Employers-Shopmen's Local 516 Pension Trust · $74M · 575 · 88th
- EIN $74M
- RANK 575
- PHOTO 88th
- IND Defined Benefit (Pension)
- EOY near Plumbers & Pipefitters Local 152 Pension Tr Fund
- 5500 ind #14692
Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in Oregon →
Pension Plan of the Employers-Shopmen's Local 516 Pension Trust in the asset neighbourhood
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $75M |
|---|---|
| Net Assets (End of Year) | $74M |
| Net Income | -$407K |
| Employer EIN | 930656480 |
| Plan Effective Date | 1963-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees, Employers-Shopmen's Local 516)
Sponsor-wide plan assets over time
All Board of Trustees, Employers-Shopmen's Local 516 plans reported in each filing year
- Latest sponsor-wide plan assets
- $74M 0.20035914145880696% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 757 | $74M |
| 2023 | 1 | 650 | $75M |
| 2024 | 1 | 575 | $74M |
Nearby Defined Benefit (Pension) Plans in Oregon
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- Northwest Sheet Metal Workers Pension Plan $1.7B · 4,783
- Xpo Pension Plan $1.5B · 4,421
- Ua Local 290 Plumber, Steamfitter & Shipfitter Pension Plan $1.3B · 3,464
- Precision Castparts Corp. Retirement Plan $1.2B · 1,890
- Oregon Retail Employees Pension Plan $1.2B · 21,971
Pension Plan of the Employers-Shopmen's Local 516 Pension Trust's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Oregon, the nearest Defined Benefit (Pension) by assets is Plumbers & Pipefitters Local 152 Pension Tr Fund in WV ($74M); by covered participants it is Ua Plumbers Local 24 Pension Fund in NJ (575 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($74M here).
- Plumbers & Pipefitters Local 152 Pension Tr Fund (WV) $74M · 280
- Afton Chemical Corporation Pension Plan for Employees Represented by United Food & Commercial Workers International Union/Icwu Loc871c (VA) $74M · 155
- Liberty Utilities Cash Balance Pension Plan (AZ) $74M · 1,704
- Dr Pepper Snapple Group, Inc. Personal Pension Account Plan (TX) $74M · 297
Similar participant headcount
Nearest other-state filings by covered participants (575 participants); asset peers above are excluded.
- Ua Plumbers Local 24 Pension Fund (NJ) 575 · 0 off
- Mcwane Hourly Pension Plan (AL) 574 · 1 off
- Cement Masons Pension Trust Fund - Detroit and Vicinity (MI) 573 · 2 off
- Liberty Utilities Defined Benefit Pension Plan (AZ) 578 · 3 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.