Defined Benefit (Pension) · DOL Form 5500 · 2024

Bd Ttees Asbestos Wrks L 24 Pen Fd Pension Plan

Data updated 2026-08-11

$108M
Total assets: 438
Participants: 91st
Percentile by assets: $247,262
Avg per participant

Official DOL plan name: Asbestos Workers L 24 Pen Fd Def Benefit Plan · Sponsored by Bd Ttees Asbestos Wrks L 24 Pen Fd · Maryland · Construction

$108M in assets, 438 participants

Bd Ttees Asbestos Wrks L 24 Pen Fd's Asbestos Workers L 24 Pen Fd Def Benefit Plan reported $108M in total assets and 438 participants in its 2024 DOL Form 5500 filing, ranking in the 91st 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.

91st percentile by assets (of 123,622 plans)
#8,083 in Construction (9,039 peers)

Coverage in Maryland

Asbestos Workers L 24 Pen Fd Def Benefit Plan covers 438 participants in Maryland, about 47% of the average Maryland filer (state average ~929 per filing). Assets: $108M.

$108M
total plan assets (2024 EOY): 438
covered participants: 91st
percentile by assets (of 123,622 plans): $247,262
avg assets per participant

Asbestos Workers L 24 Pen Fd Def Benefit Plan reported net income rose from $6M in the plan year 2023 filing to $12M in the plan year 2024 filing.
Asbestos Workers L 24 Pen Fd Def Benefit Plan end-of-year assets rose from $97M in the plan year 2023 filing to $108M in the plan year 2024 filing.
Asbestos Workers L 24 Pen Fd Def Benefit Plan reported participants fell from 484 in the plan year 2023 filing to 438 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Maryland

Industry

Construction

Participants vs Maryland filers

In Maryland, the average filing covers about 929 participants across 2,484 plans. Asbestos Workers L 24 Pen Fd Def Benefit Plan reports 438 participants - about 47% of that state average ($108M EOY assets).

Maryland filing particulars

Total Assets (Beginning of Year)	$97M
Net Assets (End of Year)	$108M
Net Income	$12M
Employer EIN	526117923
Plan Effective Date	1958-07-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Bd Ttees Asbestos Wrks L 24 Pen Fd)

Total plan assets by year, all Bd Ttees Asbestos Wrks L 24 Pen Fd plans on file

Year	Plans	Participants	Total Assets
2022	2	2,411	$114M
2023	2	2,351	$123M
2024	2	2,204	$136M

Nearby Defined Benefit (Pension) Plans in Maryland

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

Asbestos Workers L 24 Pen Fd Def Benefit Plan vs. nearby Defined Benefit (Pension) plans in Maryland, assets vs. participants

National Electrical Benefit Fund $20.4B · 332,362
Lockheed Martin Corporation Salaried Employee Retirement Program $18.3B · 18,014
Bakery & Confectionery Union & Industry International Pension Fund $6.6B · 14,954
National Automatic Sprinkler Industry Pension Fund $4.8B · 15,964
Major League Baseball Players Pension Plan $4.8B · 1,091

Compare Asbestos Workers L 24 Pen Fd Def Benefit… side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Asbestos Workers L 24 Pen Fd Def Benefit Plan by total assets, not by location.

Cement Masons Pension Trust Fund - Detroit and Vicinity (MI) $108M · 573
Cbi Pension Plan (CT) $108M · N/A
I.L.a. Prssa Pension Plan (PR) $108M · N/A
Zoological Society of San Diego Restated Pension Plan for Non-Union Employees (CA) $108M · 541

Frequently Asked Questions

How did Asbestos Workers L 24 Pen Fd Def Benefit Plan assets move in 2024? ▼

Asbestos Workers L 24 Pen Fd Def Benefit Plan grew at a solid clip - up 12.0% during 2024, from $97M to $108M. Reported net income was $12M.

How have Bd Ttees Asbestos Wrks L 24 Pen Fd plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Bd Ttees Asbestos Wrks L 24 Pen Fd's sponsor-wide assets grew 19.7%, from $114M to $136M.

Where does Asbestos Workers L 24 Pen Fd Def Benefit Plan rank by assets among Form 5500 filers? ▼

Asbestos Workers L 24 Pen Fd Def Benefit Plan ranks in the 91st percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).

Which Defined Benefit (Pension) plans are similar in size to Asbestos Workers L 24 Pen Fd Def Benefit Plan? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is Cement Masons Pension Trust Fund - Detroit and Vicinity in MI ($108M, 573 participants).

Next read for Asbestos Workers L 24 Pen Fd Def Benefit…

Filing takeaways

Ways to act on Asbestos Workers L 24 Pen Fd Def Benefit Plan's numbers.

By total assets, Asbestos Workers L 24 Pen Fd Def Benefit Plan ranks in the top 10% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Maryland. Compare plans
Bd Ttees Asbestos Wrks L 24 Pen Fd's sponsor-wide assets have grown 19.7% since 2022 across 3 plan years on file. More Construction plans

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 526117923.