Defined Benefit (Pension) · DOL Form 5500 · 2024

Board of Trustees of Allied Workers Local 48 Pension Fund Pension Plan

Data updated 2026-08-25

$34M
Total assets Below avg plan size
388
Participants Below avg headcount
79th
Percentile by assets National rank
$88,480
Avg per participant Below avg balance/head
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Official DOL plan name: Allied Workers Local 48 Pension Plan · Sponsored by Board of Trustees of Allied Workers Local 48 Pension Fund · Tennessee · Construction

$34M in assets, 388 participants

Board of Trustees of Allied Workers Local 48 Pension Fund's Allied Workers Local 48 Pension Plan reported $34M in total assets and 388 participants in its 2024 DOL Form 5500 filing, ranking in the 79th 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.

  • #7,024 in Construction (9,039 peers)

Coverage in Tennessee

Allied Workers Local 48 Pension Plan covers 388 participants in Tennessee, about 34% of the average Tennessee filer (state average ~1,126 per filing). Assets: $34M.

#7,024
in Construction (9,039 peers)
+12.8%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Allied Workers Local 48 Pension Plan's outsized position by total assets

Allied Workers Local 48 Pension Plan vs every filed plan by assets

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

$34,330,076 Top 21% higher than 79% 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

Allied Workers Local 48 Pension Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Allied Workers Local 48 Pension Plan sits mid-pack in the medium band (388 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Allied Workers Local 48 Pension Plan reported net income rose from $3M in the plan year 2023 filing to $4M in the plan year 2024 filing.
  • Allied Workers Local 48 Pension Plan reported participants rose from 303 in the plan year 2023 filing to 388 in the plan year 2024 filing.
  • Allied Workers Local 48 Pension Plan end-of-year assets rose from $30M in the plan year 2023 filing to $34M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 526117928 · Board of Trustees of Allied Workers Local 48 Pension Fund PY 2024 · Defined Benefit (Pension)

Allied Workers Local 48 Pension Plan · $34M · 388 · 79th

  • PART $34M
  • PART 388
  • PART 79th
  • PART Defined Benefit (Pension)
  • PART near Boart Longyear Company Pension Plan and Trust
  • PART ind #7024

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 Tennessee →

Allied Workers Local 48 Pension Plan in the asset neighbourhood

Boart Longyear Company Pension Plan and TrustBoart Longyear Company Pensi…$34MThe Mauser Consolidated Pension PlanThe Mauser Consolidated Pens…$34MAllied Workers Local 48 Pension PlanAllied Workers Local 48 Pens…$34MOrange Bank & Trust Company Pension Plan as a Member of the New York State Bankers Retirement SystemOrange Bank & Trust Company …$34MIron Workers Local 498 Defined Benefit PlanIron Workers Local 498 Defin…$34M
End-of-year total assets ($M) among Allied Workers Local 48 Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Tennessee filing particulars

Total Assets (Beginning of Year)$30M
Net Assets (End of Year)$34M
Net Income$4M
Employer EIN526117928
Plan Effective Date1962-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees of Allied Workers Local 48 Pension Fund)

Sponsor-wide plan assets over time

All Board of Trustees of Allied Workers Local 48 Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$34M 23.198861218710007% vs 2022
2024 filing year
$26M$28M$30M$32M$34M$36M 202220232024 $27.9M $34.3M ▲ +23.2%
Year Plans Participants Total Assets
2022 1 331 $28M
2023 1 303 $30M
2024 1 388 $34M

Nearby Defined Benefit (Pension) Plans in Tennessee

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

Allied Workers Local 48 Pension Plan vs. nearby Defined Benefit (Pension) plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -100102030 Total assets ($B) Participants Allied Workers Local 48 Pension Plan, Total assets ($B): 0.034330076 · Participants: 388Allied Workers Local 48 Pension PlanFedex Corporation Employees' Pension Plan, Total assets ($B): 26.858555454 · Participants: 125941Fedex Corporation Employees' Pension PlanRetirement Plan of International Paper Company, Total assets ($B): 8.18942151 · Participants: 20795Retirement Plan of International Paper CompanyPace Industry Union-Management Pension Fund, Total assets ($B): 2.839667916 · Participants: 3134Pace Industry Union-Management Pension FundPension Plan for Employees at Ornl, Total assets ($B): 2.400126032 · Participants: 6357Pension Plan for Employees at OrnlRetirement Program Plan for Employees of Consolidated Nuclear Security, LLC at the U.S. Department of Energy at Oak Ridge, Tennessee, Total assets ($B): 1.97251328 · Participants: 2516Retirement Program Plan for Employees of Consolidated Nuclear Security, LLC at the U.S. Department of Energy at Oak Ridge, Tennessee
Allied Workers Local 48 Pension Plan vs. nearby Defined Benefit (Pension) plans in Tennessee, assets vs. participants
Compare Allied Workers Local 48 Pension Plan side-by-side with 3 peers →

Allied Workers Local 48 Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Tennessee, the nearest Defined Benefit (Pension) by assets is Boart Longyear Company Pension Plan and Trust in UT ($34M); by covered participants it is Boca Raton Regional Hospital Employees Pension Plan in FL (388 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (388 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 Allied Workers Local 48 Pension Plan assets move in 2024? ▼
Allied Workers Local 48 Pension Plan grew at a solid clip - up 12.8% during 2024, from $30M to $34M. Reported net income was $4M.
How have Board of Trustees of Allied Workers Local 48 Pension Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees of Allied Workers Local 48 Pension Fund's sponsor-wide assets grew 23.2%, from $28M to $34M.
Where does Allied Workers Local 48 Pension Plan rank by assets among Form 5500 filers? ▼
Allied Workers Local 48 Pension Plan ranks in the 79th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Allied Workers Local 48 Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Boart Longyear Company Pension Plan and Trust in UT ($34M, 35 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Allied Workers Local 48 Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Boca Raton Regional Hospital Employees Pension Plan in FL (388 participants, $75M 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 526117928.

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.