Defined Benefit (Pension) · DOL Form 5500 · 2024

Laredo Transit Management Inc. Pension Plan

Data updated 2026-08-25

$20M
Total assets Small plan by assets
135
Participants Small participant base
71st
Percentile by assets National rank
$150,577
Avg per participant Above avg balance/head
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Official DOL plan name: Ltmi Defined Benefit Plan · Sponsored by Laredo Transit Management Inc. · Texas · Transportation & Warehousing

$20M in assets, 135 participants

Laredo Transit Management Inc.'s Ltmi Defined Benefit Plan reported $20M in total assets and 135 participants in its 2024 DOL Form 5500 filing, ranking in the 71st 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.

  • #2,336 in Transportation & Warehousing (3,299 peers)

Coverage in Texas

Ltmi Defined Benefit Plan covers 135 participants in Texas, about 20% of the average Texas filer (state average ~688 per filing). Assets: $20M.

#2,336
in Transportation & Warehousing (3,299 peers)
+10.5%
assets growth YoY

Ltmi Defined Benefit Plan's outsized position by total assets

Ltmi Defined Benefit Plan vs every filed plan by assets

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

$20,327,871 Top 29% higher than 71% 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

Ltmi Defined Benefit 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. Ltmi Defined Benefit Plan sits mid-pack in the medium band (135 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Ltmi Defined Benefit Plan end-of-year assets rose from $18M in the plan year 2023 filing to $20M in the plan year 2024 filing.
  • Ltmi Defined Benefit Plan reported net income fell from $2M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Ltmi Defined Benefit Plan reported participants rose from 133 in the plan year 2023 filing to 135 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 020668666 · Laredo Transit Management Inc. PY 2024 · Defined Benefit (Pension)

Ltmi Defined Benefit Plan · $20M · 135 · 71st

  • 5500 $20M
  • ASSETS 135
  • PCT 71st
  • EIN Defined Benefit (Pension)
  • RANK near Defiance Precision Products, Inc. Pension Plan for Local 638 UAW Employees
  • PHOTO ind #2336

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 Transportation & Warehousing retirement plans → · Plans in Texas →

Ltmi Defined Benefit Plan in the asset neighbourhood

Rotork Controls, Inc. Pension PlanRotork Controls, Inc. Pensio…$20MLtmi Defined Benefit Plan$20MDefiance Precision Products, Inc. Pension Plan for Local 638 UAW EmployeesDefiance Precision Products,…$20MWestinghouse Pension Plan for Operations in Puerto RicoWestinghouse Pension Plan fo…$20MJewish Guild for the Blind Bargaining Unit Employees' Pension PlanJewish Guild for the Blind B…$20M
End-of-year total assets ($M) among Ltmi Defined Benefit Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Texas filing particulars

Total Assets (Beginning of Year)$18M
Net Assets (End of Year)$20M
Net Income$2M
Employer EIN020668666
Plan Effective Date2003-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Laredo Transit Management Inc.)

Sponsor-wide plan assets over time

All Laredo Transit Management Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$20M 12.229610387201237% vs 2022
2024 filing year
$17M$18M$19M$20M$21M 202220232024 $18.1M $20.3M ▲ +12.3%
Year Plans Participants Total Assets
2022 2 330 $18M
2023 1 133 $18M
2024 1 135 $20M

Nearby Defined Benefit (Pension) Plans in Texas

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

Ltmi Defined Benefit Plan vs. nearby Defined Benefit (Pension) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -100102030 Total assets ($B) Participants Ltmi Defined Benefit Plan, Total assets ($B): 0.020327871 · Participants: 135Ltmi Defined Benefit PlanAT&T Pension Benefit Plan, Total assets ($B): 28.265893 · Participants: 100400AT&T Pension Benefit PlanExxonmobil Pension Plan, Total assets ($B): 12.095 · Participants: 22000Exxonmobil Pension PlanChevron Retirement Plan, Total assets ($B): 9.731784707 · Participants: 21297Chevron Retirement PlanShell Pension Plan, Total assets ($B): 9.694184685 · Participants: 12688Shell Pension PlanCaterpillar Inc. Retirement Income Plan, Total assets ($B): 9.1940497 · Participants: 11498Caterpillar Inc. Retirement Income Plan
Ltmi Defined Benefit Plan vs. nearby Defined Benefit (Pension) plans in Texas, assets vs. participants
Compare Ltmi Defined Benefit Plan side-by-side with 3 peers →

Ltmi Defined Benefit Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Texas, the nearest Defined Benefit (Pension) by assets is Defiance Precision Products, Inc. Pension Plan for Local 638 UAW Employees in MI ($20M); by covered participants it is Sappi North America, Inc. Cumberland Mills Hourly Employees' Retirement Plan in MA (135 participants). Same-state nearby plans are listed separately above.

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 Ltmi Defined Benefit Plan assets move in 2024? ▼
Ltmi Defined Benefit Plan grew at a solid clip - up 10.5% during 2024, from $18M to $20M. Reported net income was $2M.
How have Laredo Transit Management Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Laredo Transit Management Inc.'s sponsor-wide assets grew 12.2%, from $18M to $20M.
Which Defined Benefit (Pension) plans are similar in size to Ltmi Defined Benefit Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Defiance Precision Products, Inc. Pension Plan for Local 638 UAW Employees in MI ($20M, 95 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Ltmi Defined Benefit Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Sappi North America, Inc. Cumberland Mills Hourly Employees' Retirement Plan in MA (135 participants, $41M 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 020668666.

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.