Money Purchase · DOL Form 5500 · 2022

Local 445 Annuity Fund Money Purchase Plan

Data updated 2026-08-11

$18M
Total assets
415
Participants
76th
Percentile by assets
$43,129
Avg per participant
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Official DOL plan name: Local 445 Annuity Fund · Sponsored by Local 445 Annuity Fund · New York · Finance & Insurance

$18M in assets, 415 participants

Local 445 Annuity Fund's Local 445 Annuity Fund reported $18M in total assets and 415 participants in its 2022 DOL Form 5500 filing, ranking in the 76th 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.

  • 76th percentile by assets (of 139,126 plans)
  • #5,690 in Finance & Insurance (9,261 peers)

Where Local 445 Annuity Fund sits by assets

Local 445 Annuity Fund sits in the top quartile of all filed plans by assets, $18M for 415 participants (~$43,129/participant), down 24.5% in 2022.

$18M
total plan assets (2022 EOY)
415
covered participants
76th
percentile by assets (of 139,126 plans)
$43,129
avg assets per participant

The plan reported a net loss of $6M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State

Local 445 Annuity Fund vs the 2022 asset distribution

By assets, Local 445 Annuity Fund outranks 76% 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)$24M
Net Assets (End of Year)$18M
Net Income-$6M
Employer EIN141731806
Plan Effective Date1990-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Local 445 Annuity Fund)

$17.6M$17.7M$17.8M$17.9M$18M 202220232024 $17.9M $17.7M ▼ -1.1%
Total plan assets by year, all Local 445 Annuity Fund plans on file
Year Plans Participants Total Assets
2022 1 415 $18M
2023 1 353 $18M
2024 1 368 $18M

Nearby Money Purchase Plans in New York

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

Local 445 Annuity Fund vs. nearby Money Purchase plans in New York, assets vs. participants

Local 445 Annuity Fund vs. nearby Money Purchase plans in New York, assets vs. participants Scatter plot of 6 data points. -1000001000020000300004000050000 -1012345 Total assets ($B) Participants Local 445 Annuity FundTiaa Retirement PlanYoung Men's Christia…McKinsey & Company, …Brookhaven Science A…Iron Workers Locals …
Local 445 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 Local 445 Annuity Fund by total assets, not by location.

Frequently Asked Questions

How did Local 445 Annuity Fund assets move in 2022?
Local 445 Annuity Fund declined sharply - down 24.5% during 2022, from $24M to $18M. Reported net income was -$6M.
How have Local 445 Annuity Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Local 445 Annuity Fund's sponsor-wide assets declined 1.1%, from $18M to $18M.
Where does Local 445 Annuity Fund rank by assets among Form 5500 filers?
Local 445 Annuity Fund ranks in the 76th 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 Local 445 Annuity Fund?
Among Money Purchase plans in other states, the closest by assets is Critical Care & Pulmonary Consultants, PC, Money Purchase Pension Plan in CO ($18M, 90 participants).

Scale reading

Ways to act on Local 445 Annuity Fund's numbers.