Defined Benefit (Pension) · DOL Form 5500 · 2024

Metal Trades Branch Local 638 Pension Fund Pension Plan

Data updated 2026-08-25

$1.0B
Total assets Very large vs avg
3,333
Participants Above avg headcount
98th
Percentile by assets National rank
$306,505
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Metal Trades Branch Local 638 Pension Fund · Sponsored by Metal Trades Branch Local 638 Pension Fund · New York · Construction

$1.0B in assets, 3,333 participants

Metal Trades Branch Local 638 Pension Fund's Metal Trades Branch Local 638 Pension Fund reported $1.0B in total assets and 3,333 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.

  • #8,904 in Construction (9,039 peers)

Coverage in New York

Metal Trades Branch Local 638 Pension Fund covers 3,333 participants in New York, 4.2x the typical New York plan (state average ~798 per filing). Assets: $1.0B.

#8,904
in Construction (9,039 peers)
+10.4%
assets growth YoY
10×
vs typical plan assets (national mean)

Metal Trades Branch Local 638 Pension Fund's outsized position by total assets

Metal Trades Branch Local 638 Pension Fund vs every filed plan by assets

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

$1,021,581,560 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

Metal Trades Branch Local 638 Pension Fund'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. Metal Trades Branch Local 638 Pension Fund lands in the large band (3,333 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Metal Trades Branch Local 638 Pension Fund reported net income rose from $79M in the plan year 2023 filing to $100M in the plan year 2024 filing.
  • Metal Trades Branch Local 638 Pension Fund end-of-year assets rose from $925M in the plan year 2023 filing to $1.0B in the plan year 2024 filing.
  • Metal Trades Branch Local 638 Pension Fund reported participants rose from 3,267 in the plan year 2023 filing to 3,333 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 132541630 · Metal Trades Branch Local 638 Pension Fund PY 2024 · Defined Benefit (Pension)

Metal Trades Branch Local 638 Pension Fund · $1.0B · 3,333 · 98th

  • ASSETS $1.0B
  • ASSETS 3,333
  • ASSETS 98th
  • ASSETS Defined Benefit (Pension)
  • ASSETS near Lg&e and Ku Pension Plan
  • ASSETS ind #8904

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 New York →

Metal Trades Branch Local 638 Pension Fund in the asset neighbourhood

U.a. Local No. 393 Defined Benefit Pension PlanU.a. Local No. 393 Defined B…$1.0BCwa/Itu Negotiated Pension PlanCwa/Itu Negotiated Pension P…$1.0BMetal Trades Branch Local 638 Pension FundMetal Trades Branch Local 63…$1.0BLg&e and Ku Pension Plan$1.0BInternational UAW Staff Retirement Income PlanInternational UAW Staff Reti…$1.0B
End-of-year total assets ($B) among Metal Trades Branch Local 638 Pension Fund and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

New York filing particulars

Total Assets (Beginning of Year)$925M
Net Assets (End of Year)$1.0B
Net Income$100M
Employer EIN132541630
Plan Effective Date1965-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Metal Trades Branch Local 638 Pension Fund)

Sponsor-wide plan assets over time

All Metal Trades Branch Local 638 Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$1.0B 21.1507695056823% vs 2022
2024 filing year
$0.8B$0.9B$1B$1.1B 202220232024 $0.84B $1.02B ▲ +21.4%
Year Plans Participants Total Assets
2022 1 3,291 $843M
2023 1 3,267 $925M
2024 1 3,333 $1.0B

Nearby Defined Benefit (Pension) Plans in New York

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

Metal Trades Branch Local 638 Pension Fund vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 05101520 Total assets ($B) Participants Metal Trades Branch Local 638 Pension Fund, Total assets ($B): 1.02158156 · Participants: 3333Metal Trades Branch Local 638 Pension FundIBM Personal Pension Plan, Total assets ($B): 17.919858993 · Participants: 48014IBM Personal Pension Plan1199seiu Health Care Employees Pension Fund, Total assets ($B): 16.913316696 · Participants: 1118331199seiu Health Care Employees Pension FundConsolidated Edison Retirement Plan, Total assets ($B): 15.588456377 · Participants: 10608Consolidated Edison Retirement PlanPfizer Consolidated Pension Plan, Total assets ($B): 9.970337119 · Participants: 8876Pfizer Consolidated Pension PlanGE Energy Pension Plan, Total assets ($B): 8.92290143 · Participants: 5829GE Energy Pension Plan
Metal Trades Branch Local 638 Pension Fund vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants
Compare Metal Trades Branch Local 638 Pension Fund side-by-side with 3 peers →

Metal Trades Branch Local 638 Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New York, the nearest Defined Benefit (Pension) by assets is Lg&e and Ku Pension Plan in KY ($1.0B); by covered participants it is Graybar Electric Company, Inc. Pension Plan in MO (3,334 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1.0B here).

Similar participant headcount

Nearest other-state filings by covered participants (3,333 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 Metal Trades Branch Local 638 Pension Fund assets move in 2024? ▼
Metal Trades Branch Local 638 Pension Fund grew at a solid clip - up 10.4% during 2024, from $925M to $1.0B. Reported net income was $100M.
How have Metal Trades Branch Local 638 Pension Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Metal Trades Branch Local 638 Pension Fund's sponsor-wide assets grew 21.2%, from $843M to $1.0B.
Where does Metal Trades Branch Local 638 Pension Fund rank by assets among Form 5500 filers? ▼
Metal Trades Branch Local 638 Pension Fund 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 Metal Trades Branch Local 638 Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Lg&e and Ku Pension Plan in KY ($1.0B, 742 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Metal Trades Branch Local 638 Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Graybar Electric Company, Inc. Pension Plan in MO (3,334 participants, $525M in assets).

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 132541630.

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.