Defined Benefit (Pension) · DOL Form 5500 · 2024

Board of Trustees of Local 584 Pension Trust Fund Pension Plan

Data updated 2026-08-11

$209M
Total assets
325
Participants
94th
Percentile by assets
$642,813
Avg per participant
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Official DOL plan name: Local 584 Pension Trust Fund · Sponsored by Board of Trustees of Local 584 Pension Trust Fund · New York · Manufacturing

$209M in assets, 325 participants

Board of Trustees of Local 584 Pension Trust Fund's Local 584 Pension Trust Fund reported $209M in total assets and 325 participants in its 2024 DOL Form 5500 filing, ranking in the 94th 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.

  • 94th percentile by assets (of 123,622 plans)
  • #16,266 in Manufacturing (17,777 peers)

Coverage in New York

Local 584 Pension Trust Fund covers 325 participants in New York, about 41% of the average New York filer (state average ~798 per filing). Assets: $209M.

$209M
total plan assets (2024 EOY)
325
covered participants
94th
percentile by assets (of 123,622 plans)
$642,813
avg assets per participant

The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Local 584 Pension Trust Fund sits by total assets

Local 584 Pension Trust Fund vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$208,914,286 Top 6% higher than 94% of 123,620 filed plans

This plan $0 $2,010,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Local 584 Pension Trust Fund reported net income fell from -$692K in the plan year 2023 filing to -$1M in the plan year 2024 filing.
  • Local 584 Pension Trust Fund end-of-year assets fell from $210M in the plan year 2023 filing to $209M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs New York filers

In New York, the average filing covers about 798 participants across 9,061 plans. Local 584 Pension Trust Fund reports 325 participants - about 41% of that state average ($209M EOY assets).

New York filing particulars

Total Assets (Beginning of Year)$210M
Net Assets (End of Year)$209M
Net Income-$1M
Employer EIN516123679
Plan Effective Date1950-05-03
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees of Local 584 Pension Trust Fund)

$208M$210M$212M$214M$216M 202220232024 $215M $209M ▼ -2.7%
Total plan assets by year, all Board of Trustees of Local 584 Pension Trust Fund plans on file
Year Plans Participants Total Assets
2022 1 328 $215M
2023 1 324 $210M
2024 1 325 $209M

Nearby Defined Benefit (Pension) Plans in New York

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

Local 584 Pension Trust Fund vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants

Local 584 Pension Trust Fund vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -505101520 Total assets ($B) Participants Local 584 Pension Tr…IBM Personal Pension…1199seiu Health Care…Consolidated Edison …Pfizer Consolidated …GE Energy Pension Plan
Local 584 Pension Trust Fund vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Local 584 Pension Trust Fund by total assets, not by location.

Frequently Asked Questions

How did Local 584 Pension Trust Fund assets move in 2024?
Local 584 Pension Trust Fund held essentially flat - down 0.6% during 2024, from $210M to $209M. Reported net income was -$1M.
How have Board of Trustees of Local 584 Pension Trust Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees of Local 584 Pension Trust Fund's sponsor-wide assets declined 2.7%, from $215M to $209M.
Where does Local 584 Pension Trust Fund rank by assets among Form 5500 filers?
Local 584 Pension Trust Fund ranks in the 94th percentile by end-of-year assets among 123,622 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 584 Pension Trust Fund?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Arnold & Porter Cash Balance Plan and Trust in DC ($209M, 340 participants).

Next read for Local 584 Pension Trust Fund

Filing takeaways

Ways to act on Local 584 Pension Trust Fund's numbers.

  • By total assets, Local 584 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 584 Pension Trust Fund's sponsor-wide assets have declined 2.7% since 2022 across 3 plan years on file. More Manufacturing plans