Defined Benefit (Pension) · DOL Form 5500 · 2024
Board of Trustees Michigan Laborers' Pension Fund Pension Plan
Data updated 2026-08-25
- $1.3B
- Total assets Very large vs avg
- 9,786
- Participants Very large workforce
- 99th
- Percentile by assets National rank
- $136,177
- Avg per participant Near avg balance/head
Official DOL plan name: Michigan Laborers' Pension Plan · Sponsored by Board of Trustees Michigan Laborers' Pension Fund · Michigan · Construction
$1.3B in assets, 9,786 participants
Board of Trustees Michigan Laborers' Pension Fund's Michigan Laborers' Pension Plan reported $1.3B in total assets and 9,786 participants in its 2024 DOL Form 5500 filing, ranking in the 99th 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.
- #8,937 in Construction (9,039 peers)
Coverage in Michigan
Michigan Laborers' Pension Plan covers 9,786 participants in Michigan, 15x the typical Michigan plan (state average ~638 per filing). Assets: $1.3B.
- #8,937
- in Construction (9,039 peers)
- +6.1%
- assets growth YoY
- 13×
- vs typical plan assets (national mean)
Michigan Laborers' Pension Plan's outsized position by total assets
Michigan Laborers' Pension Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$1,332,626,772 Top 1% higher than 99% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Michigan Laborers' Pension Plan's large-plan peer group by participant headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Michigan Laborers' Pension Plan lands in the large band (9,786 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Michigan Laborers' Pension Plan reported net income fell from $106M in the plan year 2023 filing to $77M in the plan year 2024 filing.
- Michigan Laborers' Pension Plan end-of-year assets rose from $1.3B in the plan year 2023 filing to $1.3B in the plan year 2024 filing.
- Michigan Laborers' Pension Plan reported participants fell from 9,974 in the plan year 2023 filing to 9,786 in the plan year 2024 filing.
DOL schedule card
Filing strip 386233976 · Board of Trustees Michigan Laborers' Pension Fund PY 2024 · Defined Benefit (Pension)
Michigan Laborers' Pension Plan · $1.3B · 9,786 · 99th
- RANK $1.3B
- PHOTO 9,786
- IND 99th
- EOY Defined Benefit (Pension)
- 5500 near Thrivent Individual Pension Account Plan
- ASSETS ind #8937
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 Michigan →
Michigan Laborers' Pension Plan in the asset neighbourhood
Michigan filing particulars
| Total Assets (Beginning of Year) | $1.3B |
|---|---|
| Net Assets (End of Year) | $1.3B |
| Net Income | $77M |
| Employer EIN | 386233976 |
| Plan Effective Date | 1964-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees Michigan Laborers' Pension Fund)
Sponsor-wide plan assets over time
All Board of Trustees Michigan Laborers' Pension Fund plans reported in each filing year
- Latest sponsor-wide plan assets
- $1.3B 15.900084977163981% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 9,442 | $1.1B |
| 2023 | 1 | 9,974 | $1.3B |
| 2024 | 1 | 9,786 | $1.3B |
Nearby Defined Benefit (Pension) Plans in Michigan
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- General Motors Hourly-Rate Employees Pension Plan $42.5B · 15,648
- Ford Motor Company UAW Retirement Plan $17.8B · 25,742
- Ford Motor Company General Retirement Plan $12.1B · 8,585
- Dow Employees' Pension Plan $10.9B · 6,888
- Fca US LLC UAW Pension Agreement $10.3B · 12,752
Scale composition for Michigan Laborers' Pension Plan
Michigan Laborers' Pension Plan reports $1.3B in end-of-year assets across 9,786 participants (0.011% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.010% of 93,925,755 covered participants) - about $136,177 per participant (99% of the national average assets-per-participant) . Net income for plan year 2024 was $77M.
This plan identity (EIN 386233976, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.1B to $1.3B (+15.9%) while covered participants moved from 9,442 to 9,786 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 9,442 | $1.1B | Open filing |
| 2023 | 9,974 | $1.3B | Open filing |
| 2024 · index core | 9,786 | $1.3B | This page |
Michigan Laborers' Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Michigan, the nearest Defined Benefit (Pension) by assets is Thrivent Individual Pension Account Plan in MN ($1.3B); by covered participants it is California Ironworkers Field Pension Trust in CA (9,792 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($1.3B here).
- Thrivent Individual Pension Account Plan (MN) $1.3B · 4,467
- Puget Sound Electrical Workers Pension Plan (WA) $1.3B · 4,852
- Relx Inc. US Retirement Plan (NY) $1.3B · 2,617
- International Union of Operating Engineers Local 4 Pension Fund (MA) $1.3B · 3,509
Similar participant headcount
Nearest other-state filings by covered participants (9,786 participants); asset peers above are excluded.
- California Ironworkers Field Pension Trust (CA) 9,792 · 6 off
- The University of Chicago Retirement Income Plan (IL) 9,810 · 24 off
- Ameren Retirement Plan (MO) 9,760 · 26 off
- Western Conference of Teamsters Supp Benefit Plan (CA) 9,871 · 85 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.