Profit Sharing · DOL Form 5500 · 2022

Board of Trustees S.M.a.R.T. Workers Local 137 Annuity Fund Profit Sharing Plan

Data updated 2026-08-11

$67M
Total assets
280
Participants
90th
Percentile by assets
$240,118
Avg per participant
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Official DOL plan name: Smart Local 137 Annuity Fund · Sponsored by Board of Trustees S.M.a.R.T. Workers Local 137 Annuity Fund · New York · Construction

$67M in assets, 280 participants

Board of Trustees S.M.a.R.T. Workers Local 137 Annuity Fund's Smart Local 137 Annuity Fund reported $67M in total assets and 280 participants in its 2022 DOL Form 5500 filing, ranking in the 90th 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.

  • 90th percentile by assets (of 139,126 plans)
  • #8,808 in Construction (9,927 peers)

Coverage in New York

Smart Local 137 Annuity Fund covers 280 participants in New York, about 35% of the average New York filer (state average ~798 per filing). Assets: $67M.

$67M
total plan assets (2022 EOY)
280
covered participants
90th
percentile by assets (of 139,126 plans)
$240,118
avg assets per participant

The plan reported a net loss of $11M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Participants vs New York filers

In New York, the average filing covers about 798 participants across 9,061 plans. Smart Local 137 Annuity Fund reports 280 participants - about 35% of that state average ($67M EOY assets).

New York filing particulars

Total Assets (Beginning of Year)$78M
Net Assets (End of Year)$67M
Net Income-$11M
Employer EIN132866830
Plan Effective Date1973-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees S.M.a.R.T. Workers Local 137 Annuity Fund)

$65M$70M$75M$80M$85M 202220232024 $67.2M $82M ▲ +22.0%
Total plan assets by year, all Board of Trustees S.M.a.R.T. Workers Local 137 Annuity Fund plans on file
Year Plans Participants Total Assets
2022 1 280 $67M
2023 1 285 $75M
2024 1 283 $82M

Nearby Profit Sharing Plans in New York

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Smart Local 137 Annuity Fund vs. nearby Profit Sharing plans in New York, assets vs. participants

Smart Local 137 Annuity Fund vs. nearby Profit Sharing plans in New York, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 -0.500.511.522.5 Total assets ($B) Participants Smart Local 137 Annu…Annuity Plan of the …Annuity Fund Iuoe Lo…Annuity Fd of the Iu…The Research Foundat…Mason Tenders Distri…
Smart Local 137 Annuity Fund vs. nearby Profit Sharing plans in New York, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Smart Local 137 Annuity Fund by total assets, not by location.

Frequently Asked Questions

How did Smart Local 137 Annuity Fund assets move in 2022?
Smart Local 137 Annuity Fund pulled back noticeably - down 13.8% during 2022, from $78M to $67M. Reported net income was -$11M.
How have Board of Trustees S.M.a.R.T. Workers Local 137 Annuity Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees S.M.a.R.T. Workers Local 137 Annuity Fund's sponsor-wide assets grew 22.0%, from $67M to $82M.
Where does Smart Local 137 Annuity Fund rank by assets among Form 5500 filers?
Smart Local 137 Annuity Fund ranks in the 90th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which Profit Sharing plans are similar in size to Smart Local 137 Annuity Fund?
Among Profit Sharing plans in other states, the closest by assets is Commonwealth Health Corporation Retirement Savings Plan in KY ($67M, 2,809 participants).

Next read for Smart Local 137 Annuity Fund

Filing takeaways

Ways to act on Smart Local 137 Annuity Fund's numbers.

  • By total assets, Smart Local 137 Annuity Fund ranks in the top 10% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Profit Sharing plans in New York. Compare plans
  • Board of Trustees S.M.a.R.T. Workers Local 137 Annuity Fund's sponsor-wide assets have grown 22.0% since 2022 across 3 plan years on file. More Construction plans