Defined Benefit (Pension) · DOL Form 5500 · 2024

United Assn of Journeymen & Apprentice Local 198 AFL-CIO Pension Fund Pension Plan

Data updated 2026-08-11

$201M
Total assets
810
Participants
94th
Percentile by assets
$248,713
Avg per participant
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Official DOL plan name: United Asso Journeymen & Apprnc Pension Fund · Sponsored by United Assn of Journeymen & Apprentice Local 198 AFL-CIO Pension Fund · Florida · Construction

$201M in assets, 810 participants

United Assn of Journeymen & Apprentice Local 198 AFL-CIO Pension Fund's United Asso Journeymen & Apprnc Pension Fund reported $201M in total assets and 810 participants in its 2024 DOL Form 5500 filing, ranking in the 94th 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.

  • 94th percentile by assets (of 123,622 plans)
  • #8,429 in Construction (9,039 peers)

Where United Asso Journeymen & Apprnc Pension Fund sits by assets

United Asso Journeymen & Apprnc Pension Fund sits in the top 10% of all filed plans by assets, $201M for 810 participants (~$248,713/participant), down 0.3% in 2024.

$201M
total plan assets (2024 EOY)
810
covered participants
94th
percentile by assets (of 123,622 plans)
$248,713
avg assets per participant

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • United Asso Journeymen & Apprnc Pension Fund reported net income fell from $8M in the plan year 2023 filing to -$2M in the plan year 2024 filing.
  • United Asso Journeymen & Apprnc Pension Fund reported participants rose from 783 in the plan year 2023 filing to 810 in the plan year 2024 filing.
  • United Asso Journeymen & Apprnc Pension Fund end-of-year assets fell from $202M in the plan year 2023 filing to $201M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

United Asso Journeymen & Apprnc Pension Fund vs the 2024 asset distribution

By assets, United Asso Journeymen & Apprnc Pension Fund outranks 94% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 2.0x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$202M
Net Assets (End of Year)$199M
Net Income-$2M
Employer EIN726029984
Plan Effective Date1963-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (United Assn of Journeymen & Apprentice Local 198 AFL-CIO Pension Fund)

$190M$195M$200M$205M 202220232024 $193M $201M ▲ +4.1%
Total plan assets by year, all United Assn of Journeymen & Apprentice Local 198 AFL-CIO Pension Fund plans on file
Year Plans Participants Total Assets
2022 1 834 $193M
2023 1 783 $202M
2024 1 810 $201M

Nearby Defined Benefit (Pension) Plans in Florida

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

United Asso Journeymen & Apprnc Pension Fund vs. nearby Defined Benefit (Pension) plans in Florida, assets vs. participants

United Asso Journeymen & Apprnc Pension Fund vs. nearby Defined Benefit (Pension) plans in Florida, assets vs. participants Scatter plot of 6 data points. 05000100001500020000 -202468 Total assets ($B) Participants United Asso Journeym…L3harris Technologie…Nextera Energy, Inc.…Retirement Accumulat…Csx Pension PlanRetirement Benefit A…
United Asso Journeymen & Apprnc Pension Fund vs. nearby Defined Benefit (Pension) plans in Florida, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to United Asso Journeymen & Apprnc Pension Fund by total assets, not by location.

Frequently Asked Questions

How did United Asso Journeymen & Apprnc Pension Fund assets move in 2024?
United Asso Journeymen & Apprnc Pension Fund held essentially flat - down 0.3% during 2024, from $202M to $201M. Reported net income was -$2M.
How have United Assn of Journeymen & Apprentice Local 198 AFL-CIO Pension Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), United Assn of Journeymen & Apprentice Local 198 AFL-CIO Pension Fund's sponsor-wide assets grew 4.1%, from $193M to $201M.
Where does United Asso Journeymen & Apprnc Pension Fund rank by assets among Form 5500 filers?
United Asso Journeymen & Apprnc Pension Fund ranks in the 94th 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 United Asso Journeymen & Apprnc Pension Fund?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Mony Life Retirement Income Security Plan for Employees in NY ($201M, 177 participants).

Next read for United Asso Journeymen & Apprnc Pension …

Scale reading

Ways to act on United Asso Journeymen & Apprnc Pension Fund's numbers.

  • By total assets, United Asso Journeymen & Apprnc Pension Fund 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 Florida. Compare plans
  • United Assn of Journeymen & Apprentice Local 198 AFL-CIO Pension Fund's sponsor-wide assets have grown 4.1% since 2022 across 3 plan years on file. More Construction plans