Other
2022 plan-year Other DOL Form 5500

Bac - Salaried Employees Pension Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Bd of Trustees Iubac Salaried Empl Pen Plan · District of Columbia · Construction

What the 2023 filing shows

Bac - Salaried Employees Pension Plan holds $176M for 178 participants — about $987,267 per participant, down 9.6% over the 2022 plan year.

$176M
total plan assets (2022 EOY)
178
covered participants
$987,267
avg assets per participant
-9.6%
assets change YoY

The plan reported a net loss of $19M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$176M
Participants
178
Industry
Construction

What the Filing Says About Bac - Salaried Employees Pension Plan

Bac - Salaried Employees Pension Plan is a Other retirement plan sponsored by Bd of Trustees Iubac Salaried Empl Pen Plan, headquartered in District of Columbia. As of the 2022 Form 5500 filing, the plan reports $176M in total end-of-year assets and covers 178 participants across the Construction industry. The sponsor's EIN on file with the U.S. Department of Labor is 472695752, and the plan has been effective since 1957-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $194M at the beginning of 2022 to $176M at year-end — a decline of 9.6%. Net assets (after liabilities) closed the year at $176M, with reported net income of $-18,596,110 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$194M
Total Assets (End of Year)$176M
Net Assets (End of Year)$176M
Net Income$-18,596,110
Plan TypeOther
Employer EIN472695752
Plan Effective Date1957-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Bd of Trustees Iubac Salaried Empl Pen Plan)

Year Plans Participants Total Assets
2022 1 178 $176M
2023 1 185 $194M
2024 1 185 $212M

Nearby Other Plans in District of Columbia

Peer Other plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the Bac - Salaried Employees Pension Plan?
As of the 2022 Form 5500 filing, Bac - Salaried Employees Pension Plan holds $176M in total assets with 178 participants. It is sponsored by Bd of Trustees Iubac Salaried Empl Pen Plan.
What type of plan is Bac - Salaried Employees Pension Plan?
Bac - Salaried Employees Pension Plan is a Other plan. It has been effective since 1957-01-01. The plan is filed with the U.S. Department of Labor under EIN 472695752.
Who sponsors the Bac - Salaried Employees Pension Plan?
Bac - Salaried Employees Pension Plan is sponsored by Bd of Trustees Iubac Salaried Empl Pen Plan, located in District of Columbia. The sponsor's EIN is 472695752 and the plan operates in the Construction industry.
How did Bac - Salaried Employees Pension Plan perform in 2022?
Bac - Salaried Employees Pension Plan declined by 9.6% during 2022, moving from $194M to $176M in total assets. Net income was $-18,596,110.
Where can I find official filings for Bac - Salaried Employees Pension Plan?
Official Form 5500 filings for Bac - Salaried Employees Pension Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 472695752 or plan name at efast.dol.gov.
How does Bac - Salaried Employees Pension Plan compare to other plans?
You can compare Bac - Salaried Employees Pension Plan against other Other plans on the plan type page, or view plans in District of Columbia on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 472695752.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.