Money Purchase · DOL Form 5500 · 2022

Board of Trustees Local 235 Annuity Fund Money Purchase Plan

Data updated 2026-08-11

$49M
Total assets
2,959
Participants
88th
Percentile by assets
$16,557
Avg per participant
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Official DOL plan name: Laborers Local 235 Annuity Fund · Sponsored by Board of Trustees Local 235 Annuity Fund · New York · Finance & Insurance

$49M in assets, 2,959 participants

Board of Trustees Local 235 Annuity Fund's Laborers Local 235 Annuity Fund reported $49M in total assets and 2,959 participants in its 2022 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.

  • 88th percentile by assets (of 139,126 plans)
  • #7,453 in Finance & Insurance (9,261 peers)

Coverage in New York

Laborers Local 235 Annuity Fund covers 2,959 participants in New York, 3.7x the typical New York plan (state average ~798 per filing). Assets: $49M.

$49M
total plan assets (2022 EOY)
2,959
covered participants
88th
percentile by assets (of 139,126 plans)
$16,557
avg assets per participant

The plan reported a net loss of $12M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State

Participants vs New York filers

In New York, the average filing covers about 798 participants across 9,061 plans. Laborers Local 235 Annuity Fund reports 2,959 participants - 3.7x that state average ($49M EOY assets).

New York filing particulars

Total Assets (Beginning of Year)$60M
Net Assets (End of Year)$49M
Net Income-$12M
Employer EIN133498896
Plan Effective Date1988-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees Local 235 Annuity Fund)

$45M$50M$55M$60M 202220232024 $49M $58M ▲ +18.4%
Total plan assets by year, all Board of Trustees Local 235 Annuity Fund plans on file
Year Plans Participants Total Assets
2022 1 2,959 $49M
2023 1 2,551 $52M
2024 1 591 $58M

Nearby Money Purchase Plans in New York

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

Laborers Local 235 Annuity Fund vs. nearby Money Purchase plans in New York, assets vs. participants

Laborers Local 235 Annuity Fund vs. nearby Money Purchase plans in New York, assets vs. participants Scatter plot of 6 data points. 01000020000300004000050000 -1012345 Total assets ($B) Participants Laborers Local 235 A…Tiaa Retirement PlanYoung Men's Christia…McKinsey & Company, …Brookhaven Science A…Iron Workers Locals …
Laborers Local 235 Annuity Fund vs. nearby Money Purchase plans in New York, assets vs. participants

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to Laborers Local 235 Annuity Fund by total assets, not by location.

Frequently Asked Questions

How did Laborers Local 235 Annuity Fund assets move in 2022?
Laborers Local 235 Annuity Fund declined sharply - down 18.9% during 2022, from $60M to $49M. Reported net income was -$12M.
How have Board of Trustees Local 235 Annuity Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees Local 235 Annuity Fund's sponsor-wide assets grew 18.4%, from $49M to $58M.
Where does Laborers Local 235 Annuity Fund rank by assets among Form 5500 filers?
Laborers Local 235 Annuity Fund ranks in the 88th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which Money Purchase plans are similar in size to Laborers Local 235 Annuity Fund?
Among Money Purchase plans in other states, the closest by assets is Sheet Metal Workers' Local 206 Section 401(a) Plan in CA ($49M, 971 participants).

Next read for Laborers Local 235 Annuity Fund

Filing takeaways

Ways to act on Laborers Local 235 Annuity Fund's numbers.

  • By total assets, Laborers Local 235 Annuity Fund ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Money Purchase plans in New York. Compare plans
  • Board of Trustees Local 235 Annuity Fund's sponsor-wide assets have grown 18.4% since 2022 across 3 plan years on file. More Finance & Insurance plans