Profit Sharing · DOL Form 5500 · 2022

Board of Trustees Asbestos Workers Local No. 87 Defined Contribution P Profit Sharing Plan

Data updated 2026-08-25

$22M
Total assets Small plan by assets
477
Participants Below avg headcount
78th
Percentile by assets National rank
$45,420
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Asbestos Workers Local No. 87 Defined Contribution Plan · Sponsored by Board of Trustees Asbestos Workers Local No. 87 Defined Contribution P · Texas · Construction

$22M in assets, 477 participants

Board of Trustees Asbestos Workers Local No. 87 Defined Contribution P's Asbestos Workers Local No. 87 Defined Contribution Plan reported $22M in total assets and 477 participants in its 2022 DOL Form 5500 filing, ranking in the 78th 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.

  • #7,718 in Construction (9,927 peers)

Where Asbestos Workers Local No. 87 Defined Contribution Plan sits by assets

Asbestos Workers Local No. 87 Defined Contribution Plan sits in the top quartile of all filed plans by assets, $22M for 477 participants (~$45,420/participant), down 12.1% in 2022.

#7,718
in Construction (9,927 peers)
-12.1%
assets change YoY
0.2×
vs typical plan assets (national mean)

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Asbestos Workers Local No. 87 Defined Contribution Plan's outsized position by total assets

Asbestos Workers Local No. 87 Defined Contribution Plan vs every filed plan by assets

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

$21,665,554 Top 22% higher than 78% 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

Asbestos Workers Local No. 87 Defined Contribution Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Asbestos Workers Local No. 87 Defined Contribution Plan sits mid-pack in the medium band (477 participants).

EBSA filing schedule strip

Filing strip 741069448 · Board of Trustees Asbestos Workers Local No. 87 Defined Contribution P PY 2022 · Profit Sharing

Asbestos Workers Local No. 87 Defined Contribution Plan · $22M · 477 · 78th

  • BOY $22M
  • SCH 477
  • EBSA 78th
  • PART Profit Sharing
  • TYPE near Jj Elek Realty Company Inc. Employees' Profit Sharing Plan
  • NET ind #7718

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 Texas →

Asbestos Workers Local No. 87 Defined Contribution Plan in the asset neighbourhood

Coastal Agrobusiness, Inc. Employee Profit-Sharing PlanCoastal Agrobusiness, Inc. E…$22MErb Industries, Inc Profit Sharing PlanErb Industries, Inc Profit S…$22MAsbestos Workers Local No. 87 Defined Contribution PlanAsbestos Workers Local No. 8…$22MJj Elek Realty Company Inc. Employees' Profit Sharing PlanJj Elek Realty Company Inc. …$22MShaw Brothers Construction Profit Sharing PlanShaw Brothers Construction P…$22M
End-of-year total assets ($M) among Asbestos Workers Local No. 87 Defined Contribution Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$25M
Net Assets (End of Year)$22M
Net Income-$3M
Employer EIN741069448
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees Asbestos Workers Local No. 87 Defined Contribution P)

Sponsor-wide plan assets over time

All Board of Trustees Asbestos Workers Local No. 87 Defined Contribution P plans reported in each filing year

Latest sponsor-wide plan assets
$29M 31.867571907000393% vs 2022
2024 filing year
$20M$25M$30M 202220232024 $21.7M $28.6M ▲ +31.8%
Year Plans Participants Total Assets
2022 1 477 $22M
2023 1 451 $25M
2024 1 97 $29M

Nearby Profit Sharing Plans in Texas

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

Asbestos Workers Local No. 87 Defined Contribution Plan vs. nearby Profit Sharing plans in Texas, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -20246 Total assets ($B) Participants Asbestos Workers Local No. 87 Defined Contribution Plan, Total assets ($B): 0.021665554 · Participants: 477Asbestos Workers Local No. 87 Defined Contribution PlanSouthwest Airlines Co. Profitsharing Plan, Total assets ($B): 5.288170498 · Participants: 60454Southwest Airlines Co. Profitsharing PlanBaylor College of Medicine Retirement Plan, Total assets ($B): 1.434738254 · Participants: 9875Baylor College of Medicine Retirement PlanH-E-B Partner Stock Plan, Total assets ($B): 1.04541778 · Participants: 71666H-E-B Partner Stock PlanThe Defined Contribution Plan of the Methodist Hospital, Total assets ($B): 0.752274017 · Participants: 27959The Defined Contribution Plan of the Methodist HospitalMaritime Association - I.L.a. Retirement Fund, Total assets ($B): 0.742682259 · Participants: 3941Maritime Association - I.L.a. Retirement Fund
Asbestos Workers Local No. 87 Defined Contribution Plan vs. nearby Profit Sharing plans in Texas, assets vs. participants

Asbestos Workers Local No. 87 Defined Contribution Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Texas, the nearest Profit Sharing by assets is Jj Elek Realty Company Inc. Employees' Profit Sharing Plan in NJ ($22M); by covered participants it is Elica Health Centers 403(b) Plan in CA (476 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (477 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 Asbestos Workers Local No. 87 Defined Contribution Plan assets move in 2022? ▼
Asbestos Workers Local No. 87 Defined Contribution Plan pulled back noticeably - down 12.1% during 2022, from $25M to $22M. Reported net income was -$3M.
How have Board of Trustees Asbestos Workers Local No. 87 Defined Contribution P plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees Asbestos Workers Local No. 87 Defined Contribution P's sponsor-wide assets grew 31.9%, from $22M to $29M.
Where does Asbestos Workers Local No. 87 Defined Contribution Plan rank by assets among Form 5500 filers? ▼
Asbestos Workers Local No. 87 Defined Contribution Plan ranks in the 78th 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 Profit Sharing plans are similar in size to Asbestos Workers Local No. 87 Defined Contribution Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Jj Elek Realty Company Inc. Employees' Profit Sharing Plan in NJ ($22M, 5 participants).
Which Profit Sharing plans cover a similar participant headcount to Asbestos Workers Local No. 87 Defined Contribution Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Elica Health Centers 403(b) Plan in CA (476 participants, $5M in assets).