Defined Benefit (Pension) · DOL Form 5500 · 2024

Board of Trustees,Laborers Pension Trust Fund-Detroit and Vicinity Pension Plan

Data updated 2026-07-24

$886M
Total assets: 3,016
Participants: 98th
Percentile by assets: $293,796
Avg per participant

Official DOL plan name: Laborers Pension Trust Fund - Detroit and Vicinity · Sponsored by Board of Trustees,Laborers Pension Trust Fund-Detroit and Vicinity · Michigan · Construction

$886M in assets, 3,016 participants

Board of Trustees,Laborers Pension Trust Fund-Detroit and Vicinity's Laborers Pension Trust Fund - Detroit and Vicinity reported $886M in total assets and 3,016 participants in its 2024 DOL Form 5500 filing, ranking in the 98th 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.

98th percentile by assets (of 116,472 plans)

Coverage in Michigan

Laborers Pension Trust Fund - Detroit and Vicinity covers 3,016 participants in Michigan, 4.8x the typical Michigan plan (state average ~632 per filing). Assets: $886M.

$886M
total plan assets (2024 EOY): 3,016
covered participants: 98th
percentile by assets (of 116,472 plans): $293,796
avg assets per participant

Laborers Pension Trust Fund - Detroit and Vicinity end-of-year assets rose from $828M in the plan year 2023 filing to $886M in the plan year 2024 filing.
Laborers Pension Trust Fund - Detroit and Vicinity reported participants fell from 3,153 in the plan year 2023 filing to 3,016 in the plan year 2024 filing.
Laborers Pension Trust Fund - Detroit and Vicinity reported net income rose from $57M in the plan year 2023 filing to $58M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Michigan

Industry

Construction

Participants vs Michigan filers

In Michigan, the average filing covers about 632 participants across 3,963 plans. Laborers Pension Trust Fund - Detroit and Vicinity reports 3,016 participants - 4.8x that state average ($886M EOY assets).

Michigan filing particulars

Total Assets (Beginning of Year)	$828M
Net Assets (End of Year)	$884M
Net Income	$58M
Employer EIN	516030973
Plan Effective Date	1958-07-09
Filing Status	FILING RECEIVED

Sponsor Plan History (Board of Trustees,Laborers Pension Trust Fund-Detroit and Vicinity)

Total plan assets by year, all Board of Trustees,Laborers Pension Trust Fund-Detroit and Vicinity plans on file

Year	Plans	Participants	Total Assets
2022	1	4,205	$771M
2023	1	3,153	$828M
2024	1	3,016	$886M

Nearby Defined Benefit (Pension) Plans in Michigan

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

Laborers Pension Trust Fund - Detroit and Vicinity vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants

Ford Motor Company UAW Retirement Plan $17.8B · 25,742
Ford Motor Company General Retirement Plan $12.1B · 8,585
Dow Employees' Pension Plan $10.9B · 6,888
Fca US LLC UAW Pension Agreement $10.3B · 12,752
Fca US LLC Pension Plan $3.7B · 2,267

Compare Laborers Pension Trust Fund - Detroit an… side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Laborers Pension Trust Fund - Detroit and Vicinity by total assets, not by location.

International Association of Machinists and Aerospace Workers Pension Plan (MD) $888M · 661
Cottage Health Pension Plan (CA) $890M · 3,623
Permanente Physicians Retirement Plan for Mapmg (CA) $893M · 2,216
Rush Retirement Plan (IL) $879M · 8,788

Frequently Asked Questions

How did Laborers Pension Trust Fund - Detroit and Vicinity assets move in 2024? ▼

Laborers Pension Trust Fund - Detroit and Vicinity grew at a solid clip - up 7.0% during 2024, from $828M to $886M. Reported net income was $58M.

How have Board of Trustees,Laborers Pension Trust Fund-Detroit and Vicinity plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Board of Trustees,Laborers Pension Trust Fund-Detroit and Vicinity's sponsor-wide assets grew 14.9%, from $771M to $886M.

Where does Laborers Pension Trust Fund - Detroit and Vicinity rank by assets among Form 5500 filers? ▼

Laborers Pension Trust Fund - Detroit and Vicinity ranks in the 98th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).

Which Defined Benefit (Pension) plans are similar in size to Laborers Pension Trust Fund - Detroit and Vicinity? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is International Association of Machinists and Aerospace Workers Pension Plan in MD ($888M, 661 participants).

Next read for Laborers Pension Trust Fund - Detroit an…

Filing takeaways

Ways to act on Laborers Pension Trust Fund - Detroit and Vicinity's numbers.

By total assets, Laborers Pension Trust Fund - Detroit and Vicinity ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Michigan. Compare plans
Board of Trustees,Laborers Pension Trust Fund-Detroit and Vicinity's sponsor-wide assets have grown 14.9% 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 516030973.

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.