Defined Benefit (Pension) · DOL Form 5500 · 2024

Asbestos Workers Philadelphia Pension Fund Pension Plan

Data updated 2026-08-11

$238M
Total assets
466
Participants
95th
Percentile by assets
$510,465
Avg per participant
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Official DOL plan name: Asbestos Workers Philadelphia Pension Fund · Sponsored by Asbestos Workers Philadelphia Pension Fund · Pennsylvania · Construction

$238M in assets, 466 participants

Asbestos Workers Philadelphia Pension Fund's Asbestos Workers Philadelphia Pension Fund reported $238M in total assets and 466 participants in its 2024 DOL Form 5500 filing, ranking in the 95th 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.

  • 95th percentile by assets (of 123,622 plans)
  • #8,516 in Construction (9,039 peers)

Where Asbestos Workers Philadelphia Pension Fund sits by assets

Asbestos Workers Philadelphia Pension Fund sits in the top 5% of all filed plans by assets, $238M for 466 participants (~$510,465/participant), down 0.6% in 2024.

$238M
total plan assets (2024 EOY)
466
covered participants
95th
percentile by assets (of 123,622 plans)
$510,465
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Asbestos Workers Philadelphia Pension Fund reported net income fell from $1M in the plan year 2023 filing to $199K in the plan year 2024 filing.
  • Asbestos Workers Philadelphia Pension Fund reported participants rose from 459 in the plan year 2023 filing to 466 in the plan year 2024 filing.
  • Asbestos Workers Philadelphia Pension Fund end-of-year assets fell from $239M in the plan year 2023 filing to $238M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Asbestos Workers Philadelphia Pension Fund vs the 2024 asset distribution

By assets, Asbestos Workers Philadelphia Pension Fund outranks 95% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 2.4x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$239M
Net Assets (End of Year)$221M
Net Income$199K
Employer EIN236406511
Plan Effective Date1959-07-15
Filing StatusFILING RECEIVED

Sponsor Plan History (Asbestos Workers Philadelphia Pension Fund)

$235M$240M$245M$250M 202220232024 $246M $238M ▼ -3.3%
Total plan assets by year, all Asbestos Workers Philadelphia Pension Fund plans on file
Year Plans Participants Total Assets
2022 1 471 $246M
2023 1 459 $239M
2024 1 466 $238M

Nearby Defined Benefit (Pension) Plans in Pennsylvania

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

Asbestos Workers Philadelphia Pension Fund vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants

Asbestos Workers Philadelphia Pension Fund vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Asbestos Workers Phi…National Elevator In…Steelworkers Pension…The PNC Financial Se…The Bank of New York…Constellation Retire…
Asbestos Workers Philadelphia Pension Fund vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Asbestos Workers Philadelphia Pension Fund by total assets, not by location.

Frequently Asked Questions

How did Asbestos Workers Philadelphia Pension Fund assets move in 2024?
Asbestos Workers Philadelphia Pension Fund held essentially flat - down 0.6% during 2024, from $239M to $238M. Reported net income was $199K.
How have Asbestos Workers Philadelphia Pension Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Asbestos Workers Philadelphia Pension Fund's sponsor-wide assets declined 3.3%, from $246M to $238M.
Where does Asbestos Workers Philadelphia Pension Fund rank by assets among Form 5500 filers?
Asbestos Workers Philadelphia Pension Fund ranks in the 95th 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 Asbestos Workers Philadelphia Pension Fund?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Tforce Freight Pension Plan in TX ($238M, 7,193 participants).

Next read for Asbestos Workers Philadelphia Pension Fu…

Scale reading

Ways to act on Asbestos Workers Philadelphia Pension Fund's numbers.

  • By total assets, Asbestos Workers Philadelphia Pension Fund 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 Pennsylvania. Compare plans
  • Asbestos Workers Philadelphia Pension Fund's sponsor-wide assets have declined 3.3% since 2022 across 3 plan years on file. More Construction plans