Defined Benefit (Pension) · DOL Form 5500 · 2024

United Association Local 7 Pension Plan Pension Plan

Data updated 2026-08-11

$281M
Total assets
853
Participants
96th
Percentile by assets
$329,442
Avg per participant
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Official DOL plan name: United Association Local 7 Pension Plan · Sponsored by United Association Local 7 Pension Plan · New York · Construction

$281M in assets, 853 participants

United Association Local 7 Pension Plan's United Association Local 7 Pension Plan reported $281M in total assets and 853 participants in its 2024 DOL Form 5500 filing, ranking in the 96th 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.

  • 96th percentile by assets (of 123,622 plans)
  • #8,580 in Construction (9,039 peers)

Where United Association Local 7 Pension Plan sits by assets

United Association Local 7 Pension Plan sits in the top 5% of all filed plans by assets, $281M for 853 participants (~$329,442/participant), up 9.5% in 2024.

$281M
total plan assets (2024 EOY)
853
covered participants
96th
percentile by assets (of 123,622 plans)
$329,442
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • United Association Local 7 Pension Plan reported net income fell from $31M in the plan year 2023 filing to $24M in the plan year 2024 filing.
  • United Association Local 7 Pension Plan end-of-year assets rose from $257M in the plan year 2023 filing to $281M in the plan year 2024 filing.
  • United Association Local 7 Pension Plan reported participants fell from 867 in the plan year 2023 filing to 853 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

United Association Local 7 Pension Plan vs the 2024 asset distribution

By assets, United Association Local 7 Pension Plan outranks 96% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 2.8x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$257M
Net Assets (End of Year)$281M
Net Income$24M
Employer EIN912055384
Plan Effective Date1954-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (United Association Local 7 Pension Plan)

$220M$240M$260M$280M$300M 202220232024 $226M $281M ▲ +24.4%
Total plan assets by year, all United Association Local 7 Pension Plan plans on file
Year Plans Participants Total Assets
2022 1 835 $226M
2023 1 867 $257M
2024 1 853 $281M

Nearby Defined Benefit (Pension) Plans in New York

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

United Association Local 7 Pension Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants

United Association Local 7 Pension Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -505101520 Total assets ($B) Participants United Association L…IBM Personal Pension…1199seiu Health Care…Consolidated Edison …Pfizer Consolidated …GE Energy Pension Plan
United Association Local 7 Pension Plan 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 United Association Local 7 Pension Plan by total assets, not by location.

Frequently Asked Questions

How did United Association Local 7 Pension Plan assets move in 2024?
United Association Local 7 Pension Plan grew at a solid clip - up 9.5% during 2024, from $257M to $281M. Reported net income was $24M.
How have United Association Local 7 Pension Plan plan assets changed over time?
Across 3 plan years on file (2022-2024), United Association Local 7 Pension Plan's sponsor-wide assets grew 24.4%, from $226M to $281M.
Where does United Association Local 7 Pension Plan rank by assets among Form 5500 filers?
United Association Local 7 Pension Plan ranks in the 96th 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 United Association Local 7 Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Oge Energy Corp. Retirement Plan in OK ($281M, 755 participants).

Next read for United Association Local 7 Pension Plan

Scale reading

Ways to act on United Association Local 7 Pension Plan's numbers.

  • By total assets, United Association Local 7 Pension Plan 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 New York. Compare plans
  • United Association Local 7 Pension Plan's sponsor-wide assets have grown 24.4% since 2022 across 3 plan years on file. More Construction plans