Profit Sharing · DOL Form 5500 · 2022
Board of Trustees Asbestos Workers Local No. 87 Defined Contribution P Profit Sharing Plan
Data updated 2026-08-11
- $22M
- Total assets
- 477
- Participants
- 78th
- Percentile by assets
- $45,420
- Avg per participant
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.
- 78th percentile by assets (of 139,126 plans)
- #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.
- $22M
- total plan assets (2022 EOY)
- 477
- covered participants
- 78th
- percentile by assets (of 139,126 plans)
- $45,420
- avg assets per participant
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 vs the 2022 asset distribution
By assets, Asbestos Workers Local No. 87 Defined Contribution Plan outranks 78% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.2x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $25M |
|---|---|
| Net Assets (End of Year) | $22M |
| Net Income | -$3M |
| Employer EIN | 741069448 |
| Plan Effective Date | 1989-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees Asbestos Workers Local No. 87 Defined Contribution P)
| 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
- Southwest Airlines Co. Profitsharing Plan $5.3B · 60,454
- Baylor College of Medicine Retirement Plan $1.4B · 9,875
- H-E-B Partner Stock Plan $1.0B · 71,666
- The Defined Contribution Plan of the Methodist Hospital $752M · 27,959
- Maritime Association - I.L.a. Retirement Fund $743M · 3,941
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Asbestos Workers Local No. 87 Defined Contribution Plan by total assets, not by location.
Frequently Asked Questions
How did Asbestos Workers Local No. 87 Defined Contribution Plan assets move in 2022? ▼
How have Board of Trustees Asbestos Workers Local No. 87 Defined Contribution P plan assets changed over time? ▼
Where does Asbestos Workers Local No. 87 Defined Contribution Plan rank by assets among Form 5500 filers? ▼
Which Profit Sharing plans are similar in size to Asbestos Workers Local No. 87 Defined Contribution Plan? ▼
Next read for Asbestos Workers Local No. 87 Defined Co…
Scale reading
Ways to act on Asbestos Workers Local No. 87 Defined Contribution Plan's numbers.
- By total assets, Asbestos Workers Local No. 87 Defined Contribution Plan ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in Texas. Compare plans
- Board of Trustees Asbestos Workers Local No. 87 Defined Contribution P's sponsor-wide assets have grown 31.9% since 2022 across 3 plan years on file. More Construction plans