Defined Benefit (Pension) · DOL Form 5500 · 2024

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

Data updated 2026-08-25

$886M
Total assets Above avg plan size
3,016
Participants Above avg headcount
98th
Percentile by assets National rank
$293,796
Avg per participant High balance/head
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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.

  • #8,889 in Construction (9,039 peers)

Coverage in Michigan

Laborers Pension Trust Fund - Detroit and Vicinity covers 3,016 participants in Michigan, 4.7x the typical Michigan plan (state average ~638 per filing). Assets: $886M.

#8,889
in Construction (9,039 peers)
+7.0%
assets growth YoY
8.9×
vs typical plan assets (national mean)

Laborers Pension Trust Fund - Detroit and Vicinity's outsized position by total assets

Laborers Pension Trust Fund - Detroit and Vicinity vs every filed plan by assets

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

$886,087,543 Top 2% higher than 98% of 123,620 filed plans

This plan $0 $2,050,000,000 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

Laborers Pension Trust Fund - Detroit and Vicinity's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Laborers Pension Trust Fund - Detroit and Vicinity lands in the large band (3,016 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • 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 →

Form 5500 schedule snapshot

Filing strip 516030973 · Board of Trustees,Laborers Pension Trust Fund-Detroit and Vicinity PY 2024 · Defined Benefit (Pension)

Laborers Pension Trust Fund - Detroit and Vicinity · $886M · 3,016 · 98th

  • IND $886M
  • IND 3,016
  • IND 98th
  • IND Defined Benefit (Pension)
  • IND near International Association of Machinists and Aerospace Workers Pension Plan
  • IND ind #8889

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 Construction retirement plans → · Plans in Michigan →

Laborers Pension Trust Fund - Detroit and Vicinity in the asset neighbourhood

Permanente Physicians Retirement Plan for MapmgPermanente Physicians Retire…$893MCottage Health Pension Plan$890MInternational Association of Machinists and Aerospace Workers Pension PlanInternational Association of…$888MLaborers Pension Trust Fund - Detroit and VicinityLaborers Pension Trust Fund …$886MRush Retirement Plan$879M
End-of-year total assets ($M) among Laborers Pension Trust Fund - Detroit and Vicinity and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Michigan filing particulars

Total Assets (Beginning of Year)$828M
Net Assets (End of Year)$884M
Net Income$58M
Employer EIN516030973
Plan Effective Date1958-07-09
Filing StatusFILING RECEIVED

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

Sponsor-wide plan assets over time

All Board of Trustees,Laborers Pension Trust Fund-Detroit and Vicinity plans reported in each filing year

Latest sponsor-wide plan assets
$886M 14.920817613465786% vs 2022
2024 filing year
$750M$800M$850M$900M 202220232024 $771M $886M ▲ +14.9%
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 Scatter plot of 6 data points. 050001000015000200002500030000 -1001020304050 Total assets ($B) Participants Laborers Pension Trust Fund - Detroit and Vicinity, Total assets ($B): 0.886087543 · Participants: 3016Laborers Pension Trust Fund - Detroit and VicinityGeneral Motors Hourly-Rate Employees Pension Plan, Total assets ($B): 42.453822995 · Participants: 15648General Motors Hourly-Rate Employees Pension PlanFord Motor Company UAW Retirement Plan, Total assets ($B): 17.842898898 · Participants: 25742Ford Motor Company UAW Retirement PlanFord Motor Company General Retirement Plan, Total assets ($B): 12.116125366 · Participants: 8585Ford Motor Company General Retirement PlanDow Employees' Pension Plan, Total assets ($B): 10.930410978 · Participants: 6888Dow Employees' Pension PlanFca US LLC UAW Pension Agreement, Total assets ($B): 10.255300049 · Participants: 12752Fca US LLC UAW Pension Agreement
Laborers Pension Trust Fund - Detroit and Vicinity vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants

Laborers Pension Trust Fund - Detroit and Vicinity's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Michigan, the nearest Defined Benefit (Pension) by assets is International Association of Machinists and Aerospace Workers Pension Plan in MD ($888M); by covered participants it is Cargill Meat Solutions Corporation Employees Retirement Plan in KS (3,008 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($886M here).

Similar participant headcount

Nearest other-state filings by covered participants (3,016 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

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 123,622 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).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Laborers Pension Trust Fund - Detroit and Vicinity?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Cargill Meat Solutions Corporation Employees Retirement Plan in KS (3,008 participants, $120M in assets).