Defined Benefit (Pension) · DOL Form 5500 · 2024
Board of Trustees Local 1298 Pension Fund Pension Plan
Data updated 2026-08-25
- $479M
- Total assets Above avg plan size
- 1,218
- Participants Near avg headcount
- 97th
- Percentile by assets National rank
- $393,327
- Avg per participant High balance/head
Official DOL plan name: Laborers Local 1298 of Nassau & Suffolk Counties Pension Fund · Sponsored by Board of Trustees Local 1298 Pension Fund · New York · Construction
$479M in assets, 1,218 participants
Board of Trustees Local 1298 Pension Fund's Laborers Local 1298 of Nassau & Suffolk Counties Pension Fund reported $479M in total assets and 1,218 participants in its 2024 DOL Form 5500 filing, ranking in the 97th 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.
- #8,748 in Construction (9,039 peers)
Where Laborers Local 1298 of Nassau & Suffolk Counties Pension Fund sits by assets
Laborers Local 1298 of Nassau & Suffolk Counties Pension Fund sits in the top 5% of all filed plans by assets, $479M for 1,218 participants (~$393,327/participant), up 10.4% in 2024.
- #8,748
- in Construction (9,039 peers)
- +10.4%
- assets growth YoY
- 4.8×
- vs typical plan assets (national mean)
Laborers Local 1298 of Nassau & Suffolk Counties Pension Fund's outsized position by total assets
Laborers Local 1298 of Nassau & Suffolk Counties Pension Fund vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$479,072,631 Top 3% higher than 97% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Laborers Local 1298 of Nassau & Suffolk Counties 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. Laborers Local 1298 of Nassau & Suffolk Counties Pension Fund lands in the large band (1,218 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Laborers Local 1298 of Nassau & Suffolk Counties Pension Fund reported net income fell from $49M in the plan year 2023 filing to $42M in the plan year 2024 filing.
- Laborers Local 1298 of Nassau & Suffolk Counties Pension Fund end-of-year assets rose from $434M in the plan year 2023 filing to $479M in the plan year 2024 filing.
- Laborers Local 1298 of Nassau & Suffolk Counties Pension Fund reported participants rose from 1,184 in the plan year 2023 filing to 1,218 in the plan year 2024 filing.
EBSA filing schedule strip
Filing strip 111970385 · Board of Trustees Local 1298 Pension Fund PY 2024 · Defined Benefit (Pension)
Laborers Local 1298 of Nassau & Suffolk Counties Pension Fund · $479M · 1,218 · 97th
- SCH $479M
- SCH 1,218
- SCH 97th
- SCH Defined Benefit (Pension)
- SCH near Steamfitters Local #449 Pension Plan
- SCH ind #8748
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 →
Laborers Local 1298 of Nassau & Suffolk Counties Pension Fund in the asset neighbourhood
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $434M |
|---|---|
| Net Assets (End of Year) | $473M |
| Net Income | $42M |
| Employer EIN | 111970385 |
| Plan Effective Date | 1961-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees Local 1298 Pension Fund)
Sponsor-wide plan assets over time
All Board of Trustees Local 1298 Pension Fund plans reported in each filing year
- Latest sponsor-wide plan assets
- $479M 24.507232657856477% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 1,218 | $385M |
| 2023 | 1 | 1,184 | $434M |
| 2024 | 1 | 1,218 | $479M |
Nearby Defined Benefit (Pension) Plans in New York
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- IBM Personal Pension Plan $17.9B · 48,014
- 1199seiu Health Care Employees Pension Fund $16.9B · 111,833
- Consolidated Edison Retirement Plan $15.6B · 10,608
- Pfizer Consolidated Pension Plan $10.0B · 8,876
- GE Energy Pension Plan $8.9B · 5,829
Laborers Local 1298 of Nassau & Suffolk Counties 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 Steamfitters Local #449 Pension Plan in PA ($479M); by covered participants it is United Industrial Workers Pension Plan in MD (1,222 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($479M here).
- Steamfitters Local #449 Pension Plan (PA) $479M · 1,656
- Brown-Forman Corporation Salaried Employees Retirement Plan (KY) $478M · 1,237
- Minnesota & North Dakota Bricklayers and Allied Craftworkers Pension Fund (MN) $481M · 1,353
- W.R. Grace & Co. Retirement Plan for Salaried Employees (MD) $477M · 541
Similar participant headcount
Nearest other-state filings by covered participants (1,218 participants); asset peers above are excluded.
- United Industrial Workers Pension Plan (MD) 1,222 · 4 off
- Laborers Pension Fund (VA) 1,214 · 4 off
- Ims Health Incorporated Retirement Plan (CT) 1,213 · 5 off
- Finra Employees Retirement Plan (DC) 1,224 · 6 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.