Defined Benefit (Pension) · DOL Form 5500 · 2024
Trustees of Laborers Local 57 Industrial Pension Pension Plan
Data updated 2026-08-11
- $338M
- Total assets
- 1,369
- Participants
- 96th
- Percentile by assets
- $247,020
- Avg per participant
Official DOL plan name: Laborers Local 57 Industrial Pension Plan · Sponsored by Trustees of Laborers Local 57 Industrial Pension · Pennsylvania · Construction
$338M in assets, 1,369 participants
Trustees of Laborers Local 57 Industrial Pension's Laborers Local 57 Industrial Pension Plan reported $338M in total assets and 1,369 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)
- #8,641 in Construction (9,039 peers)
Where Laborers Local 57 Industrial Pension Plan sits by assets
Laborers Local 57 Industrial Pension Plan sits in the top 5% of all filed plans by assets, $338M for 1,369 participants (~$247,020/participant), up 6.4% in 2024.
- $338M
- total plan assets (2024 EOY)
- 1,369
- covered participants
- 96th
- percentile by assets (of 123,622 plans)
- $247,020
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Laborers Local 57 Industrial Pension Plan reported participants fell from 1,480 in the plan year 2023 filing to 1,369 in the plan year 2024 filing.
- Laborers Local 57 Industrial Pension Plan reported net income fell from $22M in the plan year 2023 filing to $21M in the plan year 2024 filing.
- Laborers Local 57 Industrial Pension Plan end-of-year assets rose from $318M in the plan year 2023 filing to $338M in the plan year 2024 filing.
Laborers Local 57 Industrial Pension Plan vs the 2024 asset distribution
By assets, Laborers Local 57 Industrial Pension Plan outranks 96% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 3.4x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $318M |
|---|---|
| Net Assets (End of Year) | $338M |
| Net Income | $21M |
| Employer EIN | 231627410 |
| Plan Effective Date | 1962-12-23 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Trustees of Laborers Local 57 Industrial Pension)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 1,471 | $296M |
| 2023 | 1 | 1,480 | $318M |
| 2024 | 1 | 1,369 | $338M |
Nearby Defined Benefit (Pension) Plans in Pennsylvania
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Laborers Local 57 Industrial Pension Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants
- National Elevator Industry Pension Plan $12.2B · 28,308
- Steelworkers Pension Trust $7.2B · 46,110
- The PNC Financial Services Group, Inc. Pension Plan $5.5B · 58,779
- The Bank of New York Mellon Corporation Pension Plan $5.2B · 6,387
- Constellation Retirement Program $5.0B · 4,809
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Laborers Local 57 Industrial Pension Plan by total assets, not by location.
- International Assoc of Heat and Frost Insulators Local 17 Pension Fund (IL) $338M · 716
- Tegna Retirement Plan (VA) $338M · 670
- Pga Tour Employees Retirement Plan (FL) $339M · 1,255
- United Food & Commercial Workers Union - Employer Pension Fund (OH) $340M · 3,916
Frequently Asked Questions
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Ways to act on Laborers Local 57 Industrial Pension Plan's numbers.
- By total assets, Laborers Local 57 Industrial 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 Pennsylvania. Compare plans
- Trustees of Laborers Local 57 Industrial Pension's sponsor-wide assets have grown 14.3% since 2022 across 3 plan years on file. More Construction plans