Profit Sharing · DOL Form 5500 · 2022

Board of Trustees Laborers Local 785 Defined Contribution Plan Profit Sharing Plan

Data updated 2026-08-25

$32M
Total assets Below avg plan size
484
Participants Below avg headcount
84th
Percentile by assets National rank
$66,126
Avg per participant Below avg balance/head
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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.

  • #8,183 in Construction (9,927 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.

#8,183
in Construction (9,927 peers)
-14.1%
assets change YoY
0.3×
vs typical plan assets (national mean)

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's outsized position by total assets

Laborers Local 785 Defined Contribution Plan vs every filed plan by assets

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

$32,004,809 Top 16% higher than 84% 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

Laborers Local 785 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. Laborers Local 785 Defined Contribution Plan sits mid-pack in the medium band (484 participants).

Published 5500 schedule card

Filing strip 161605797 · Board of Trustees Laborers Local 785 Defined Contribution Plan PY 2022 · Profit Sharing

Laborers Local 785 Defined Contribution Plan · $32M · 484 · 84th

  • 5500 $32M
  • ASSETS 484
  • PCT 84th
  • EIN Profit Sharing
  • RANK near Arcare Retirement Plan
  • PHOTO ind #8183

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 York →

Laborers Local 785 Defined Contribution Plan in the asset neighbourhood

Laborers Local 231 Annuity FundLaborers Local 231 Annuity F…$32MLaborers Local 785 Defined Contribution PlanLaborers Local 785 Defined C…$32MArcare Retirement Plan$32MLuhr Crosby, LLC Employees Profit Sharing Plan and TrustLuhr Crosby, LLC Employees P…$32MSheet Metal, Air, Rail, & Transportation Association Local Union No. 33 Youngstown District Annuity PlanSheet Metal, Air, Rail, & Tr…$32M
End-of-year total assets ($M) among Laborers Local 785 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)$37M
Net Assets (End of Year)$32M
Net Income-$5M
Employer EIN161605797
Plan Effective Date2001-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees Laborers Local 785 Defined Contribution Plan)

Sponsor-wide plan assets over time

All Board of Trustees Laborers Local 785 Defined Contribution Plan plans reported in each filing year

Latest sponsor-wide plan assets
$41M 26.722134164275126% vs 2022
2024 filing year
$30M$35M$40M$45M 202220232024 $32M $40.6M ▲ +26.8%
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 Scatter plot of 6 data points. -50000500010000150002000025000 -0.500.511.522.5 Total assets ($B) Participants Laborers Local 785 Defined Contribution Plan, Total assets ($B): 0.032004809 · Participants: 484Laborers Local 785 Defined Contribution PlanAnnuity Plan of the Electrical Industry, Total assets ($B): 1.982735962 · Participants: 19997Annuity Plan of the Electrical IndustryAnnuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIO, Total assets ($B): 1.649838154 · Participants: 3494Annuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIOAnnuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIO, Total assets ($B): 1.458865603 · Participants: 5696Annuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIOThe Research Foundation for Suny Retirement Plan, Total assets ($B): 1.065250862 · Participants: 11139The Research Foundation for Suny Retirement PlanMason Tenders District Council Annuity Fund, Total assets ($B): 0.836936679 · Participants: 11072Mason Tenders District Council Annuity Fund
Laborers Local 785 Defined Contribution Plan vs. nearby Profit Sharing plans in New York, assets vs. participants
Compare Laborers Local 785 Defined Contribution Plan side-by-side with 3 peers →

Laborers Local 785 Defined Contribution Plan's out-of-state Profit Sharing peers by assets and headcount

Outside New York, the nearest Profit Sharing by assets is Arcare Retirement Plan in AR ($32M); by covered participants it is Teamsters Local 727 Trade Show 401(k) Plan in IL (484 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (484 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 Laborers Local 785 Defined Contribution Plan assets move in 2022? ▼
Laborers Local 785 Defined Contribution Plan pulled back noticeably - down 14.1% during 2022, from $37M to $32M. Reported net income was -$5M.
How have Board of Trustees Laborers Local 785 Defined Contribution Plan plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees Laborers Local 785 Defined Contribution Plan's sponsor-wide assets grew 26.7%, from $32M to $41M.
Where does Laborers Local 785 Defined Contribution Plan rank by assets among Form 5500 filers? ▼
Laborers Local 785 Defined Contribution Plan ranks in the 84th 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 Laborers Local 785 Defined Contribution Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Arcare Retirement Plan in AR ($32M, 1,131 participants).
Which Profit Sharing plans cover a similar participant headcount to Laborers Local 785 Defined Contribution Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Teamsters Local 727 Trade Show 401(k) Plan in IL (484 participants, $7M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 161605797.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.