Profit Sharing · DOL Form 5500 · 2022
Board of Trustees Laborers Local 785 Defined Contribution Plan Profit Sharing Plan
Data updated 2026-08-06
- $32M
- Total assets
- 484
- Participants
- 84th
- Percentile by assets
- $66,126
- Avg per participant
Official DOL plan name: Laborers Local 785 Defined Contribution Plan · Sponsored by Board of Trustees Laborers Local 785 Defined Contribution Plan · New York · Construction
$32M in assets, 484 participants
Board of Trustees Laborers Local 785 Defined Contribution Plan's Laborers Local 785 Defined Contribution Plan reported $32M in total assets and 484 participants in its 2022 DOL Form 5500 filing, ranking in the 84th 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.
- 84th percentile by assets (of 139,258 plans)
- #8,194 in Construction (9,938 peers)
Where Laborers Local 785 Defined Contribution Plan sits by assets
Laborers Local 785 Defined Contribution Plan sits in the top quartile of all filed plans by assets, $32M for 484 participants (~$66,126/participant), down 14.1% in 2022.
- $32M
- total plan assets (2022 EOY)
- 484
- covered participants
- 84th
- percentile by assets (of 139,258 plans)
- $66,126
- avg assets per participant
The plan reported a net loss of $5M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Laborers Local 785 Defined Contribution Plan vs the 2022 asset distribution
By assets, Laborers Local 785 Defined Contribution Plan outranks 84% of the 139,258 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.3x the national average plan size of $100M (730 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $37M |
|---|---|
| Net Assets (End of Year) | $32M |
| Net Income | -$5M |
| Employer EIN | 161605797 |
| Plan Effective Date | 2001-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees Laborers Local 785 Defined Contribution Plan)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 484 | $32M |
| 2023 | 1 | 566 | $36M |
| 2024 | 1 | 544 | $41M |
Nearby Profit Sharing Plans in New York
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
Laborers Local 785 Defined Contribution Plan vs. nearby Profit Sharing plans in New York, assets vs. participants
- Annuity Plan of the Electrical Industry $2.0B · 19,997
- Annuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIO $1.6B · 3,494
- Annuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIO $1.5B · 5,696
- The Research Foundation for Suny Retirement Plan $1.1B · 11,139
- Mason Tenders District Council Annuity Fund $837M · 11,072
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Laborers Local 785 Defined Contribution Plan by total assets, not by location.
Frequently Asked Questions
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Ways to act on Laborers Local 785 Defined Contribution Plan's numbers.
- By total assets, Laborers Local 785 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 New York. Compare plans
- Board of Trustees Laborers Local 785 Defined Contribution Plan's sponsor-wide assets have grown 26.7% since 2022 across 3 plan years on file. More Construction plans