Defined Benefit (Pension) · DOL Form 5500 · 2024

Joint Board of Trustees of Bac Local 23 North Shore Chapter Pension Plan

Data updated 2026-08-11

$112M
Total assets
535
Participants
91st
Percentile by assets
$209,163
Avg per participant
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Official DOL plan name: Bac Local 23 North Shore Chapter Pension Fund · Sponsored by Joint Board of Trustees of Bac Local 23 North Shore Chapter · Ohio · Construction

$112M in assets, 535 participants

Joint Board of Trustees of Bac Local 23 North Shore Chapter's Bac Local 23 North Shore Chapter Pension Fund reported $112M in total assets and 535 participants in its 2024 DOL Form 5500 filing, ranking in the 91st 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.

  • 91st percentile by assets (of 123,622 plans)
  • #8,105 in Construction (9,039 peers)

Where Bac Local 23 North Shore Chapter Pension Fund sits by assets

Bac Local 23 North Shore Chapter Pension Fund sits in the top 10% of all filed plans by assets, $112M for 535 participants (~$209,163/participant), up 6.0% in 2024.

$112M
total plan assets (2024 EOY)
535
covered participants
91st
percentile by assets (of 123,622 plans)
$209,163
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Bac Local 23 North Shore Chapter Pension Fund reported net income fell from $7M in the plan year 2023 filing to $6M in the plan year 2024 filing.
  • Bac Local 23 North Shore Chapter Pension Fund end-of-year assets rose from $106M in the plan year 2023 filing to $112M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Bac Local 23 North Shore Chapter Pension Fund vs the 2024 asset distribution

By assets, Bac Local 23 North Shore Chapter Pension Fund outranks 91% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.1x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$106M
Net Assets (End of Year)$112M
Net Income$6M
Employer EIN621523674
Plan Effective Date1961-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Joint Board of Trustees of Bac Local 23 North Shore Chapter)

$95M$100M$105M$110M$115M 202220232024 $98.5M $112M ▲ +13.6%
Total plan assets by year, all Joint Board of Trustees of Bac Local 23 North Shore Chapter plans on file
Year Plans Participants Total Assets
2022 1 530 $98M
2023 1 537 $106M
2024 1 535 $112M

Nearby Defined Benefit (Pension) Plans in Ohio

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

Bac Local 23 North Shore Chapter Pension Fund vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants

Bac Local 23 North Shore Chapter Pension Fund vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -505101520 Total assets ($B) Participants Bac Local 23 North S…GE Aerospace Pension…Firstenergy Corp. Ma…American Electric Po…Ohio Operating Engin…Parker Defined Benef…
Bac Local 23 North Shore Chapter Pension Fund vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Bac Local 23 North Shore Chapter Pension Fund by total assets, not by location.

Frequently Asked Questions

How did Bac Local 23 North Shore Chapter Pension Fund assets move in 2024?
Bac Local 23 North Shore Chapter Pension Fund grew at a solid clip - up 6.0% during 2024, from $106M to $112M. Reported net income was $6M.
How have Joint Board of Trustees of Bac Local 23 North Shore Chapter plan assets changed over time?
Across 3 plan years on file (2022-2024), Joint Board of Trustees of Bac Local 23 North Shore Chapter's sponsor-wide assets grew 13.6%, from $98M to $112M.
Where does Bac Local 23 North Shore Chapter Pension Fund rank by assets among Form 5500 filers?
Bac Local 23 North Shore Chapter Pension Fund ranks in the 91st 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 Bac Local 23 North Shore Chapter Pension Fund?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Pension Plan for Employees of Evraz Inc. NA in IL ($112M, 130 participants).

Next read for Bac Local 23 North Shore Chapter Pension…

Scale reading

Ways to act on Bac Local 23 North Shore Chapter Pension Fund's numbers.

  • By total assets, Bac Local 23 North Shore Chapter 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 Ohio. Compare plans
  • Joint Board of Trustees of Bac Local 23 North Shore Chapter's sponsor-wide assets have grown 13.6% since 2022 across 3 plan years on file. More Construction plans