Defined Benefit (Pension) · DOL Form 5500 · 2024
Board of Trustees of Local 816 Labor and Management Pension Trust Fund Pension Plan
Data updated 2026-08-06
- $153M
- Total assets
- 572
- Participants
- 93rd
- Percentile by assets
- $267,015
- Avg per participant
Official DOL plan name: Local 816 Labor & Management Pension Trust Fund · Sponsored by Board of Trustees of Local 816 Labor and Management Pension Trust Fund · New York · Retail Trade
$153M in assets, 572 participants
Board of Trustees of Local 816 Labor and Management Pension Trust Fund's Local 816 Labor & Management Pension Trust Fund reported $153M in total assets and 572 participants in its 2024 DOL Form 5500 filing, ranking in the 93rd 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.
- 93rd percentile by assets (of 116,472 plans)
- #7,318 in Retail Trade (7,620 peers)
Where Local 816 Labor & Management Pension Trust Fund sits by assets
Local 816 Labor & Management Pension Trust Fund sits in the top 10% of all filed plans by assets, $153M for 572 participants (~$267,015/participant), up 16.8% in 2024.
- $153M
- total plan assets (2024 EOY)
- 572
- covered participants
- 93rd
- percentile by assets (of 116,472 plans)
- $267,015
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Local 816 Labor & Management Pension Trust Fund reported net income rose from $14M in the plan year 2023 filing to $21M in the plan year 2024 filing.
- Local 816 Labor & Management Pension Trust Fund end-of-year assets rose from $131M in the plan year 2023 filing to $153M in the plan year 2024 filing.
- Local 816 Labor & Management Pension Trust Fund reported participants fell from 593 in the plan year 2023 filing to 572 in the plan year 2024 filing.
Local 816 Labor & Management Pension Trust Fund vs the 2024 asset distribution
By assets, Local 816 Labor & Management Pension Trust Fund outranks 93% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.5x the national average plan size of $100M (730 average participants).
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $131M |
|---|---|
| Net Assets (End of Year) | $152M |
| Net Income | $21M |
| Employer EIN | 131869789 |
| Plan Effective Date | 1958-05-26 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees of Local 816 Labor and Management Pension Trust Fund)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 581 | $116M |
| 2023 | 1 | 593 | $131M |
| 2024 | 1 | 572 | $153M |
Nearby Defined Benefit (Pension) Plans in New York
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Local 816 Labor & Management 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
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Local 816 Labor & Management Pension Trust Fund by total assets, not by location.
- Exelon Corporation Pension Plan for Bargaining Unit Employees (IL) $153M · 2,340
- International Brotherhood of Teamsters Retirement & Family Protection (DC) $152M · 314
- U.a. Plumbers 63 & Steamfitters 353 Joint Pension (IN) $152M · 497
- Semco Energy, Inc. Non-Union Employees' Retirement Plan (MI) $152M · 112
Frequently Asked Questions
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Ways to act on Local 816 Labor & Management Pension Trust Fund's numbers.
- By total assets, Local 816 Labor & Management 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 816 Labor and Management Pension Trust Fund's sponsor-wide assets have grown 31.5% since 2022 across 3 plan years on file. More Retail Trade plans