Money Purchase · DOL Form 5500 · 2024

Trustees, Local Union 598 Supplemental Pension Plan Money Purchase Plan

Data updated 2026-08-11

$166M
Total assets: 688
Participants: 93rd
Percentile by assets: $241,848
Avg per participant

Official DOL plan name: Local Union 598 Supplemental Pension Plan · Sponsored by Trustees, Local Union 598 Supplemental Pension Plan · Oregon · Construction

$166M in assets, 688 participants

Trustees, Local Union 598 Supplemental Pension Plan's Local Union 598 Supplemental Pension Plan reported $166M in total assets and 688 participants in its 2024 DOL Form 5500 filing, ranking in the 93rd 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.

93rd percentile by assets (of 123,622 plans)
#8,338 in Construction (9,039 peers)

Where Local Union 598 Supplemental Pension Plan sits by assets

Local Union 598 Supplemental Pension Plan sits in the top 10% of all filed plans by assets, $166M for 688 participants (~$241,848/participant), up 16.8% in 2024.

$166M
total plan assets (2024 EOY): 688
covered participants: 93rd
percentile by assets (of 123,622 plans): $241,848
avg assets per participant

Local Union 598 Supplemental Pension Plan reported net income fell from $30M in the plan year 2023 filing to $24M in the plan year 2024 filing.
Local Union 598 Supplemental Pension Plan end-of-year assets rose from $143M in the plan year 2023 filing to $166M in the plan year 2024 filing.
Local Union 598 Supplemental Pension Plan reported participants rose from 611 in the plan year 2023 filing to 688 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Oregon

Industry

Construction

Local Union 598 Supplemental Pension Plan vs the 2024 asset distribution

By assets, Local Union 598 Supplemental Pension Plan outranks 93% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.7x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)	$143M
Net Assets (End of Year)	$166M
Net Income	$24M
Employer EIN	931069859
Plan Effective Date	1991-06-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Trustees, Local Union 598 Supplemental Pension Plan)

Total plan assets by year, all Trustees, Local Union 598 Supplemental Pension Plan plans on file

Year	Plans	Participants	Total Assets
2022	1	602	$113M
2023	1	611	$143M
2024	1	688	$166M

Nearby Money Purchase Plans in Oregon

Peer Money Purchase plans, same state, same plan type, ranked by total assets.

Local Union 598 Supplemental Pension Plan vs. nearby Money Purchase plans in Oregon, assets vs. participants

International Brotherhood of Electrical Workers District No. 9 Pension Plan $2.5B · 29,645
Northwest Permanente, P.C. Retirement Plan - Mpp Aspect $1.1B · 1,562
Cascade Pension Trust Money Purchase Pension Plan $425M · 2,355
Samaritan Health Services Retirement Plan $321M · 5,342
Osu Foundation Retirement Plan $49M · 145

Compare Local Union 598 Supplemental Pension Pla… side-by-side with 3 peers →

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to Local Union 598 Supplemental Pension Plan by total assets, not by location.

Annuity Fund of Local 274 (NJ) $167M · 402
Seafarers Money Purchase Pension Plan (MD) $168M · 8,583
Greater Texas IBEW NECA Annuity Plan (TX) $165M · 1,845
Tile Industry Retirement Savings Trust Fund (CA) $170M · 1,979

Frequently Asked Questions

How did Local Union 598 Supplemental Pension Plan assets move in 2024? ▼

Local Union 598 Supplemental Pension Plan grew sharply - up 16.8% during 2024, from $143M to $166M. Reported net income was $24M.

How have Trustees, Local Union 598 Supplemental Pension Plan plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Trustees, Local Union 598 Supplemental Pension Plan's sponsor-wide assets grew 47.6%, from $113M to $166M.

Where does Local Union 598 Supplemental Pension Plan rank by assets among Form 5500 filers? ▼

Local Union 598 Supplemental Pension Plan ranks in the 93rd 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 Money Purchase plans are similar in size to Local Union 598 Supplemental Pension Plan? ▼

Among Money Purchase plans in other states, the closest by assets is Annuity Fund of Local 274 in NJ ($167M, 402 participants).

Next read for Local Union 598 Supplemental Pension Pla…

Scale reading

Ways to act on Local Union 598 Supplemental Pension Plan's numbers.

By total assets, Local Union 598 Supplemental Pension Plan ranks in the top 10% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Money Purchase plans in Oregon. Compare plans
Trustees, Local Union 598 Supplemental Pension Plan's sponsor-wide assets have grown 47.6% since 2022 across 3 plan years on file. More Construction plans

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 931069859.