Defined Benefit (Pension) · DOL Form 5500 · 2024

Board of Trustees Laborers Pension Fund Pension Plan

Data updated 2026-08-25

$77M
Total assets Below avg plan size
1,214
Participants Near avg headcount
88th
Percentile by assets National rank
$63,218
Avg per participant Low balance/head
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Official DOL plan name: Laborers Pension Fund · Sponsored by Board of Trustees Laborers Pension Fund · Virginia · Construction

$77M in assets, 1,214 participants

Board of Trustees Laborers Pension Fund's Laborers Pension Fund reported $77M in total assets and 1,214 participants in its 2024 DOL Form 5500 filing, ranking in the 88th 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.

  • #7,826 in Construction (9,039 peers)

Where Laborers Pension Fund sits by assets

Laborers Pension Fund sits in the top quartile of all filed plans by assets, $77M for 1,214 participants (~$63,218/participant), up 18.5% in 2024.

#7,826
in Construction (9,039 peers)
+18.5%
assets growth YoY
0.8×
vs typical plan assets (national mean)

Laborers Pension Fund's outsized position by total assets

Laborers Pension Fund vs every filed plan by assets

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

$76,747,143 Top 12% higher than 88% 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

Laborers Pension Fund'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. Laborers Pension Fund lands in the large band (1,214 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Laborers Pension Fund reported participants rose from 553 in the plan year 2023 filing to 1,214 in the plan year 2024 filing.
  • Laborers Pension Fund reported net income fell from $19M in the plan year 2023 filing to $12M in the plan year 2024 filing.
  • Laborers Pension Fund end-of-year assets rose from $65M in the plan year 2023 filing to $77M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 546111015 · Board of Trustees Laborers Pension Fund PY 2024 · Defined Benefit (Pension)

Laborers Pension Fund · $77M · 1,214 · 88th

  • TYPE $77M
  • TYPE 1,214
  • TYPE 88th
  • TYPE Defined Benefit (Pension)
  • TYPE near Seyfarth Shaw LLP Market-Based Pension Plan
  • TYPE ind #7826

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 Virginia →

Laborers Pension Fund in the asset neighbourhood

Seyfarth Shaw LLP Market-Based Pension PlanSeyfarth Shaw LLP Market-Bas…$77MLaborers Pension Fund$77MThe Farmers Automobile Insurance Association Retirement PlanThe Farmers Automobile Insur…$77MSteptoe LLP Cash Balance Pension PlanSteptoe LLP Cash Balance Pen…$77MLegrand North America Retirement PlanLegrand North America Retire…$77M
End-of-year total assets ($M) among Laborers Pension Fund and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$65M
Net Assets (End of Year)$77M
Net Income$12M
Employer EIN546111015
Plan Effective Date1965-06-19
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees Laborers Pension Fund)

Sponsor-wide plan assets over time

All Board of Trustees Laborers Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$77M 66.85870372507063% vs 2022
2024 filing year
$40M$50M$60M$70M$80M 202220232024 $46M $76.8M ▲ +66.8%
Year Plans Participants Total Assets
2022 1 406 $46M
2023 1 553 $65M
2024 1 1,214 $77M

Nearby Defined Benefit (Pension) Plans in Virginia

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

Laborers Pension Fund vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -505101520 Total assets ($B) Participants Laborers Pension Fund, Total assets ($B): 0.076747143 · Participants: 1214Laborers Pension FundNorthrop Grumman Pension Plan, Total assets ($B): 18.781759216 · Participants: 12678Northrop Grumman Pension PlanRetirement Security Plan, Total assets ($B): 11.481735153 · Participants: 56633Retirement Security PlanSheet Metal Workers' National Pension Fund, Total assets ($B): 8.902237059 · Participants: 63530Sheet Metal Workers' National Pension FundNg Space&mission Systems Corp Salaried Pension Pla, Total assets ($B): 8.398702873 · Participants: 6737Ng Space&mission Systems Corp Salaried Pension PlaDominion Energy Pension Plan, Total assets ($B): 8.332769083 · Participants: 11758Dominion Energy Pension Plan
Laborers Pension Fund vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants

Laborers Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Virginia, the nearest Defined Benefit (Pension) by assets is Seyfarth Shaw LLP Market-Based Pension Plan in IL ($77M); by covered participants it is Ims Health Incorporated Retirement Plan in CT (1,213 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,214 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 Laborers Pension Fund assets move in 2024?
Laborers Pension Fund grew sharply - up 18.5% during 2024, from $65M to $77M. Reported net income was $12M.
How have Board of Trustees Laborers Pension Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees Laborers Pension Fund's sponsor-wide assets grew 66.9%, from $46M to $77M.
Where does Laborers Pension Fund rank by assets among Form 5500 filers?
Laborers Pension Fund ranks in the 88th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Laborers Pension Fund?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Seyfarth Shaw LLP Market-Based Pension Plan in IL ($77M, 213 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Laborers Pension Fund?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Ims Health Incorporated Retirement Plan in CT (1,213 participants, $531M in assets).