Defined Benefit (Pension) · DOL Form 5500 · 2024
National Elevator Industry Pension Plan Plan Board of Trustees Pension Plan
Data updated 2026-08-11
- $12.2B
- Total assets
- 28,308
- Participants
- 100th
- Percentile by assets
- $431,441
- Avg per participant
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.
- 100th percentile by assets (of 123,622 plans)
- #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.
- $12.2B
- total plan assets (2024 EOY)
- 28,308
- covered participants
- 100th
- percentile by assets (of 123,622 plans)
- $431,441
- avg assets per participant
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.
Participants vs Pennsylvania filers
In Pennsylvania, the average filing covers about 822 participants across 5,751 plans. National Elevator Industry Pension Plan reports 28,308 participants - 34x that state average ($12.2B EOY assets).
Pennsylvania filing particulars
| Total Assets (Beginning of Year) | $11.2B |
|---|---|
| Net Assets (End of Year) | $11.7B |
| Net Income | $915M |
| Employer EIN | 232694291 |
| Plan Effective Date | 1962-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (National Elevator Industry Pension Plan Plan Board of Trustees)
| 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
- 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
- Eastern Atlantic States Carpenters Pension Fund $5.0B · 12,421
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 |
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to National Elevator Industry Pension Plan by total assets, not by location.
- UPS/Ibt Full-Time Employee Pension Plan (GA) $12.2B · 69,627
- Ford Motor Company General Retirement Plan (MI) $12.1B · 8,585
- Exxonmobil Pension Plan (TX) $12.1B · 22,000
- The Prudential Merged Retirement Plan (NJ) $12.0B · 16,233
Frequently Asked Questions
How did National Elevator Industry Pension Plan assets move in 2024? ▼
How have National Elevator Industry Pension Plan Plan Board of Trustees plan assets changed over time? ▼
Where does National Elevator Industry Pension Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to National Elevator Industry Pension Plan? ▼
Next read for National Elevator Industry Pension Plan
Filing takeaways
Ways to act on National Elevator Industry Pension Plan's numbers.
- By total assets, National Elevator Industry Pension Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Pennsylvania. Compare plans
- National Elevator Industry Pension Plan Plan Board of Trustees's sponsor-wide assets have grown 17.4% since 2022 across 3 plan years on file. More Construction plans