Defined Benefit (Pension) · DOL Form 5500 · 2024

Board of Trustees Laborers Pension Trust Fund for Northern California Pension Plan

Data updated 2026-08-11

$5.5B
Total assets
21,267
Participants
100th
Percentile by assets
$257,477
Avg per participant
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Official DOL plan name: Laborers Pension Trust Fund for Northern California · Sponsored by Board of Trustees Laborers Pension Trust Fund for Northern California · California · Construction

$5.5B in assets, 21,267 participants

Board of Trustees Laborers Pension Trust Fund for Northern California's Laborers Pension Trust Fund for Northern California reported $5.5B in total assets and 21,267 participants in its 2024 DOL Form 5500 filing, ranking in the 100th 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.

  • 100th percentile by assets (of 123,622 plans)
  • #9,026 in Construction (9,039 peers)

Coverage in California

Laborers Pension Trust Fund for Northern California covers 21,267 participants in California, 34x the typical California plan (state average ~630 per filing). Assets: $5.5B.

$5.5B
total plan assets (2024 EOY)
21,267
covered participants
100th
percentile by assets (of 123,622 plans)
$257,477
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Laborers Pension Trust Fund for Northern California reported net income rose from $443M in the plan year 2023 filing to $519M in the plan year 2024 filing.
  • Laborers Pension Trust Fund for Northern California end-of-year assets rose from $4.9B in the plan year 2023 filing to $5.5B in the plan year 2024 filing.
  • Laborers Pension Trust Fund for Northern California reported participants fell from 21,375 in the plan year 2023 filing to 21,267 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs California filers

In California, the average filing covers about 630 participants across 15,291 plans. Laborers Pension Trust Fund for Northern California reports 21,267 participants - 34x that state average ($5.5B EOY assets).

California filing particulars

Total Assets (Beginning of Year)$4.9B
Net Assets (End of Year)$5.5B
Net Income$519M
Employer EIN946277608
Plan Effective Date1963-08-02
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees Laborers Pension Trust Fund for Northern California)

$5.5B$6B$6.5B$7B$7.5B 202220232024 $5.94B $7.04B ▲ +18.5%
Total plan assets by year, all Board of Trustees Laborers Pension Trust Fund for Northern California plans on file
Year Plans Participants Total Assets
2022 2 51,913 $5.9B
2023 2 51,238 $6.3B
2024 2 50,598 $7.0B

Nearby Defined Benefit (Pension) Plans in California

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

Laborers Pension Trust Fund for Northern California vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants

Laborers Pension Trust Fund for Northern California vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants Scatter plot of 6 data points. 050000100000150000 010203040 Total assets ($B) Participants Laborers Pension Tru…Kaiser Permanente Re…Pacific Gas and Elec…Retirement Plan for …Western States Carpe…Ilwu-Pma Pension Plan
Laborers Pension Trust Fund for Northern California vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants

Scale composition for Laborers Pension Trust Fund for Northern California

Laborers Pension Trust Fund for Northern California reports $5.5B in end-of-year assets across 21,267 participants (0.044% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.023% of 93,925,755 covered participants) - about $257,477 per participant (1.9x the national average assets-per-participant) . Net income for plan year 2024 was $519M.

This plan identity (EIN 946277608, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $4.6B to $5.5B (+19.3%) while covered participants moved from 21,850 to 21,267 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 21,850 $4.6B Open filing
2023 21,375 $4.9B Open filing
2024 · index core 21,267 $5.5B This page

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Laborers Pension Trust Fund for Northern California by total assets, not by location.

Frequently Asked Questions

How did Laborers Pension Trust Fund for Northern California assets move in 2024?
Laborers Pension Trust Fund for Northern California grew at a solid clip - up 10.7% during 2024, from $4.9B to $5.5B. Reported net income was $519M.
How have Board of Trustees Laborers Pension Trust Fund for Northern California plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees Laborers Pension Trust Fund for Northern California's sponsor-wide assets grew 18.4%, from $5.9B to $7.0B.
Where does Laborers Pension Trust Fund for Northern California rank by assets among Form 5500 filers?
Laborers Pension Trust Fund for Northern California ranks in the 100th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to Laborers Pension Trust Fund for Northern California?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Textron Master Retirement Plan in RI ($5.5B, 6,888 participants).

Next read for Laborers Pension Trust Fund for Northern…

Filing takeaways

Ways to act on Laborers Pension Trust Fund for Northern California's numbers.

  • By total assets, Laborers Pension Trust Fund for Northern California ranks among the largest 1% of all filed plans. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in California. Compare plans
  • Board of Trustees Laborers Pension Trust Fund for Northern California's sponsor-wide assets have grown 18.4% since 2022 across 3 plan years on file. More Construction plans