Profit Sharing · DOL Form 5500 · 2022
The Building Industry Electrical Contractors Association, Inc. Profit Sharing Plan
Data updated 2026-08-11
- $94M
- Total assets
- 1,756
- Participants
- 92nd
- Percentile by assets
- $53,659
- Avg per participant
Official DOL plan name: Building Trades Annuity Benefit Fund · Sponsored by The Building Industry Electrical Contractors Association, Inc. · New York · Construction
$94M in assets, 1,756 participants
The Building Industry Electrical Contractors Association, Inc.'s Building Trades Annuity Benefit Fund reported $94M in total assets and 1,756 participants in its 2022 DOL Form 5500 filing, ranking in the 92nd 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.
- 92nd percentile by assets (of 139,126 plans)
- #9,045 in Construction (9,927 peers)
Coverage in New York
Building Trades Annuity Benefit Fund covers 1,756 participants in New York, 2.2x the typical New York plan (state average ~798 per filing). Assets: $94M.
- $94M
- total plan assets (2022 EOY)
- 1,756
- covered participants
- 92nd
- percentile by assets (of 139,126 plans)
- $53,659
- avg assets per participant
The plan reported a net loss of $7M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs New York filers
In New York, the average filing covers about 798 participants across 9,061 plans. Building Trades Annuity Benefit Fund reports 1,756 participants - 2.2x that state average ($94M EOY assets).
New York filing particulars
| Total Assets (Beginning of Year) | $102M |
|---|---|
| Net Assets (End of Year) | $94M |
| Net Income | -$7M |
| Employer EIN | 261140509 |
| Plan Effective Date | 1996-02-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (The Building Industry Electrical Contractors Association, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 3,353 | $269M |
| 2023 | 2 | 2,265 | $309M |
| 2024 | 2 | 1,688 | $353M |
Nearby Profit Sharing Plans in New York
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
Building Trades Annuity Benefit Fund 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 Building Trades Annuity Benefit Fund by total assets, not by location.
- Baker & Mckenzie Illinois Profit Sharing Plan II (IL) $94M · 616
- Champlain College Defined Contribution Retirement Plan (VT) $94M · 450
- Smith Transport, Inc. Profit Sharing Plan (PA) $95M · 984
- Learn4life 403(b) Plan (CA) $95M · 1,831
Frequently Asked Questions
How did Building Trades Annuity Benefit Fund assets move in 2022? ▼
How have The Building Industry Electrical Contractors Association, Inc. plan assets changed over time? ▼
Where does Building Trades Annuity Benefit Fund rank by assets among Form 5500 filers? ▼
Which Profit Sharing plans are similar in size to Building Trades Annuity Benefit Fund? ▼
Next read for Building Trades Annuity Benefit Fund
Filing takeaways
Ways to act on Building Trades Annuity Benefit Fund's numbers.
- By total assets, Building Trades Annuity Benefit Fund ranks in the top 10% 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
- The Building Industry Electrical Contractors Association, Inc.'s sponsor-wide assets have grown 31.3% since 2022 across 3 plan years on file. More Construction plans