Profit Sharing · DOL Form 5500 · 2022

Bd of Trustees Heavy & General Laborers' of Nj Annuity Fund Profit Sharing Plan

Data updated 2026-08-25

$1.3B
Total assets Very large vs avg
8,556
Participants Very large workforce
99th
Percentile by assets National rank
$151,987
Avg per participant Above avg balance/head
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Official DOL plan name: Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan · Sponsored by Bd of Trustees Heavy & General Laborers' of Nj Annuity Fund · New Jersey · Construction

$1.3B in assets, 8,556 participants

Bd of Trustees Heavy & General Laborers' of Nj Annuity Fund's Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan reported $1.3B in total assets and 8,556 participants in its 2022 DOL Form 5500 filing, ranking in the 99th 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.

  • #9,846 in Construction (9,927 peers)

Coverage in New Jersey

Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan covers 8,556 participants in New Jersey, 10x the typical New Jersey plan (state average ~844 per filing). Assets: $1.3B.

#9,846
in Construction (9,927 peers)
-10.2%
assets change YoY
13×
vs typical plan assets (national mean)

The plan reported a net loss of $161M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan's outsized position by total assets

Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$1,300,397,825 Top 1% higher than 99% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan lands in the large band (8,556 participants).

DOL schedule card

Filing strip 222331070 · Bd of Trustees Heavy & General Laborers' of Nj Annuity Fund PY 2022 · Profit Sharing

Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan · $1.3B · 8,556 · 99th

  • PCT $1.3B
  • PCT 8,556
  • PCT 99th
  • PCT Profit Sharing
  • PCT near North Atlantic States Carpenters Annuity Plan
  • PCT ind #9846

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Construction retirement plans → · Plans in New Jersey →

Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan in the asset neighbourhood

Mid-America Carpenters Regional Council Supplemental Retirement PlanMid-America Carpenters Regio…$1.4BPipe Trades Services Mn Pension Supplement FundPipe Trades Services Mn Pens…$1.4BHeavy & General Laborers' Local Unions 472 & 172 of Nj Annuity PlanHeavy & General Laborers' Lo…$1.3BNorth Atlantic States Carpenters Annuity PlanNorth Atlantic States Carpen…$1.2BCleveland Clinic Investment Pension PlanCleveland Clinic Investment …$1.2B
End-of-year total assets ($B) among Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2022.

New Jersey filing particulars

Total Assets (Beginning of Year)$1.4B
Net Assets (End of Year)$1.3B
Net Income-$161M
Employer EIN222331070
Plan Effective Date1980-10-21
Filing StatusFILING RECEIVED

Sponsor Plan History (Bd of Trustees Heavy & General Laborers' of Nj Annuity Fund)

Sponsor-wide plan assets over time

All Bd of Trustees Heavy & General Laborers' of Nj Annuity Fund plans reported in each filing year

Latest sponsor-wide plan assets
$1.6B 19.27094725800545% vs 2022
2024 filing year
$1.2B$1.3B$1.4B$1.5B$1.6B 202220232024 $1.3B $1.55B ▲ +19.2%
Year Plans Participants Total Assets
2022 1 8,556 $1.3B
2023 1 8,602 $1.4B
2024 1 8,865 $1.6B

Nearby Profit Sharing Plans in New Jersey

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

Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan vs. nearby Profit Sharing plans in New Jersey, assets vs. participants Scatter plot of 6 data points. 020004000600080001000012000 00.511.522.5 Total assets ($B) Participants Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan, Total assets ($B): 1.300397825 · Participants: 8556Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity PlanErnst & Young Partnership Retirement (Hr-10) Plan, Total assets ($B): 2.170942715 · Participants: 2189Ernst & Young Partnership Retirement (Hr-10) PlanPrinceton University Retirement Plan, Total assets ($B): 1.829863121 · Participants: 8141Princeton University Retirement PlanOperating Engineers Local 825 Profit Sharing Fund, Total assets ($B): 1.328796729 · Participants: 10006Operating Engineers Local 825 Profit Sharing FundIBEW Local Union No 102 Surety Plan, Total assets ($B): 0.592706172 · Participants: 3061IBEW Local Union No 102 Surety PlanConsolidated Defined Contribution Plan of Hackensack Meridian Health, Total assets ($B): 0.252058789 · Participants: 7144Consolidated Defined Contribution Plan of Hackensack Meridian Health
Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan vs. nearby Profit Sharing plans in New Jersey, assets vs. participants

Scale composition for Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan

Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan reports $1.3B in end-of-year assets across 8,556 participants (0.011% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.009% of 93,925,755 covered participants) - about $151,987 per participant (1.1x the national average assets-per-participant) . Net income for plan year 2022 was -$161M.

This plan identity (EIN 222331070, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.3B to $1.6B (+19.3%) while covered participants moved from 8,556 to 8,865 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 8,556 $1.3B This page
2023 8,602 $1.4B Open filing
2024 · index core 8,865 $1.6B Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan's out-of-state Profit Sharing peers by assets and headcount

Outside New Jersey, the nearest Profit Sharing by assets is North Atlantic States Carpenters Annuity Plan in CT ($1.2B); by covered participants it is National Roofing Industry Supplemental Pension Plan in MN (8,591 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (8,556 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan assets move in 2022? ▼
Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan pulled back noticeably - down 10.2% during 2022, from $1.4B to $1.3B. Reported net income was -$161M.
How have Bd of Trustees Heavy & General Laborers' of Nj Annuity Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Bd of Trustees Heavy & General Laborers' of Nj Annuity Fund's sponsor-wide assets grew 19.3%, from $1.3B to $1.6B.
Where does Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan rank by assets among Form 5500 filers? ▼
Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan ranks in the 99th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which Profit Sharing plans are similar in size to Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is North Atlantic States Carpenters Annuity Plan in CT ($1.2B, 10,777 participants).
Which Profit Sharing plans cover a similar participant headcount to Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is National Roofing Industry Supplemental Pension Plan in MN (8,591 participants, $145M in assets).