Defined Benefit (Pension) · DOL Form 5500 · 2024

National Elevator Industry Pension Plan Plan Board of Trustees Pension Plan

Data updated 2026-08-25

$12.2B
Total assets Mega-plan scale
28,308
Participants Very large workforce
100th
Percentile by assets National rank
$431,441
Avg per participant High balance/head
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Official DOL plan name: National Elevator Industry Pension Plan · Sponsored by National Elevator Industry Pension Plan Plan Board of Trustees · Pennsylvania · Construction

$12.2B in assets, 28,308 participants

National Elevator Industry Pension Plan Plan Board of Trustees's National Elevator Industry Pension Plan reported $12.2B in total assets and 28,308 participants in its 2024 DOL Form 5500 filing, ranking in the 100th 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.

  • #9,037 in Construction (9,039 peers)

Coverage in Pennsylvania

National Elevator Industry Pension Plan covers 28,308 participants in Pennsylvania, 34x the typical Pennsylvania plan (state average ~822 per filing). Assets: $12.2B.

#9,037
in Construction (9,039 peers)
+8.8%
assets growth YoY
123×
vs typical plan assets (national mean)

National Elevator Industry Pension Plan's outsized position by total assets

National Elevator Industry Pension Plan vs every filed plan by assets

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

$12,213,235,301 Highest reported value at or above every one 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

National Elevator Industry Pension Plan's mega-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. National Elevator Industry Pension Plan is a mega filing (28,308 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • National Elevator Industry Pension Plan reported net income rose from $762M in the plan year 2023 filing to $915M in the plan year 2024 filing.
  • National Elevator Industry Pension Plan end-of-year assets rose from $11.2B in the plan year 2023 filing to $12.2B in the plan year 2024 filing.
  • National Elevator Industry Pension Plan reported participants rose from 27,434 in the plan year 2023 filing to 28,308 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 232694291 · National Elevator Industry Pension Plan Plan Board of Trustees PY 2024 · Defined Benefit (Pension)

National Elevator Industry Pension Plan · $12.2B · 28,308 · 100th

  • NET $12.2B
  • BOOK 28,308
  • VS-ST 100th
  • BOY Defined Benefit (Pension)
  • SCH near UPS/Ibt Full-Time Employee Pension Plan
  • EBSA ind #9037

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 Pennsylvania →

National Elevator Industry Pension Plan in the asset neighbourhood

UPS/Ibt Full-Time Employee Pension PlanUPS/Ibt Full-Time Employee P…$12.2BNational Elevator Industry Pension PlanNational Elevator Industry P…$12.2BFord Motor Company General Retirement PlanFord Motor Company General R…$12.1BExxonmobil Pension Plan$12.1BThe Prudential Merged Retirement PlanThe Prudential Merged Retire…$12.0B
End-of-year total assets ($B) among National Elevator Industry Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$11.2B
Net Assets (End of Year)$11.7B
Net Income$915M
Employer EIN232694291
Plan Effective Date1962-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (National Elevator Industry Pension Plan Plan Board of Trustees)

Sponsor-wide plan assets over time

All National Elevator Industry Pension Plan Plan Board of Trustees plans reported in each filing year

Latest sponsor-wide plan assets
$12.2B 17.418183684586563% vs 2022
2024 filing year
$10B$11B$12B$13B 202220232024 $10.4B $12.2B ▲ +17.4%
Year Plans Participants Total Assets
2022 1 27,097 $10.4B
2023 1 27,434 $11.2B
2024 1 28,308 $12.2B

Nearby Defined Benefit (Pension) Plans in Pennsylvania

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

National Elevator Industry Pension Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. 020000400006000080000 468101214 Total assets ($B) Participants National Elevator Industry Pension Plan, Total assets ($B): 12.213235301 · Participants: 28308National Elevator Industry Pension PlanSteelworkers Pension Trust, Total assets ($B): 7.234971663 · Participants: 46110Steelworkers Pension TrustThe PNC Financial Services Group, Inc. Pension Plan, Total assets ($B): 5.528998 · Participants: 58779The PNC Financial Services Group, Inc. Pension PlanThe Bank of New York Mellon Corporation Pension Plan, Total assets ($B): 5.178651926 · Participants: 6387The Bank of New York Mellon Corporation Pension PlanConstellation Retirement Program, Total assets ($B): 5.003720253 · Participants: 4809Constellation Retirement ProgramEastern Atlantic States Carpenters Pension Fund, Total assets ($B): 4.975450173 · Participants: 12421Eastern Atlantic States Carpenters Pension Fund
National Elevator Industry Pension Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants
Compare National Elevator Industry Pension Plan side-by-side with 3 peers →

Scale composition for National Elevator Industry Pension Plan

National Elevator Industry Pension Plan reports $12.2B in end-of-year assets across 28,308 participants (0.099% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.030% of 93,925,755 covered participants) - about $431,441 per participant (3.1x the national average assets-per-participant) . Net income for plan year 2024 was $915M.

This plan identity (EIN 232694291, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $10.4B to $12.2B (+17.4%) while covered participants moved from 27,097 to 28,308 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 27,097 $10.4B Open filing
2023 27,434 $11.2B Open filing
2024 · index core 28,308 $12.2B This page

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

Outside Pennsylvania, the nearest Defined Benefit (Pension) by assets is UPS/Ibt Full-Time Employee Pension Plan in GA ($12.2B); by covered participants it is Boilermaker-Blacksmith National Pension Trust in MO (28,958 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($12.2B here).

Similar participant headcount

Nearest other-state filings by covered participants (28,308 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 National Elevator Industry Pension Plan assets move in 2024? ▼
National Elevator Industry Pension Plan grew at a solid clip - up 8.8% during 2024, from $11.2B to $12.2B. Reported net income was $915M.
How have National Elevator Industry Pension Plan Plan Board of Trustees plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), National Elevator Industry Pension Plan Plan Board of Trustees's sponsor-wide assets grew 17.4%, from $10.4B to $12.2B.
Where does National Elevator Industry Pension Plan rank by assets among Form 5500 filers? ▼
National Elevator Industry Pension Plan ranks in the 100th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to National Elevator Industry Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is UPS/Ibt Full-Time Employee Pension Plan in GA ($12.2B, 69,627 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to National Elevator Industry Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Boilermaker-Blacksmith National Pension Trust in MO (28,958 participants, $7.5B 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 232694291.

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.