Skip to main content
PensionRisk

Bakery & Confectionery Union Industry International Pension Fund vs Laborers National (Industrial) Pension Fund

Side-by-side pension health comparison from DOL and public plan data

Bakery & Confectionery Union Industry International Pension Fund and Laborers National (Industrial) Pension Fund are meaningfully apart on the LakeQuality pension-health rubric: Bakery & Confectionery Union Industry International Pension Fund grades D while Laborers National (Industrial) Pension Fund grades A. Funding ratios: 42% vs 99%.

Laborers National (Industrial) Pension Fund comes out ahead on the composite rubric. For a participant in either plan, the spread is informative but not directly actionable — pension participation is not portable, so the relevant question is what each plan's funded-status trajectory means for that participant's benefit security.

Verdict

Laborers National (Industrial) Pension Fund has a stronger Pension Health Score of 99/100 (A) compared to Bakery & Confectionery Union Industry International Pension Fund at 45/100 (D). Funding ratios differ by 56.8 percentage points (98.6% vs 41.8%). Laborers National (Industrial) Pension Fund covers 44,923 participants.

MetricBakery & Confectionery Union Industry International Pension FundLaborers National (Industrial) Pension Fund
Health Score
Composite of funding ratio, trend, and PBGC risk
45/100 (D)99/100 (A)*
Funding Ratio
Assets as % of liabilities (100%+ is fully funded)
41.8%98.6%*
Total Assets$3.0B$4.9B
Total Liabilities$7.1B$5.0B*
Unfunded Liability$4.1B$71.8M*
Participants100,40244,923
1-Year Investment Return4.6%5.3%*
Plan Typemultiemployermultiemployer
PBGC Risk Levelcriticallow
SponsorBCTGM International UnionLIUNA

Laborers National (Industrial) Pension Fund has a stronger Pension Health Score of 99/100 (A) compared to Bakery & Confectionery Union Industry International Pension Fund at 45/100 (D). Funding ratios differ by 56.8 percentage points (98.6% vs 41.8%). Laborers National (Industrial) Pension Fund covers 44,923 participants.

Explore More

Related Comparisons