Profit Sharing · DOL Form 5500 · 2022

Board of Trustees Derrickmens Annuity Fund, Local 197 Profit Sharing Plan

Data updated 2026-08-25

$36M
Total assets Below avg plan size
229
Participants Below avg headcount
85th
Percentile by assets National rank
$155,924
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Derrickmens Annuity Fund, Local 197 · Sponsored by Board of Trustees Derrickmens Annuity Fund, Local 197 · New York · Construction

$36M in assets, 229 participants

Board of Trustees Derrickmens Annuity Fund, Local 197's Derrickmens Annuity Fund, Local 197 reported $36M in total assets and 229 participants in its 2022 DOL Form 5500 filing, ranking in the 85th 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.

  • #8,291 in Construction (9,927 peers)

Coverage in New York

Derrickmens Annuity Fund, Local 197 covers 229 participants in New York, about 29% of the average New York filer (state average ~798 per filing). Assets: $36M.

#8,291
in Construction (9,927 peers)
-17.3%
assets change YoY
0.4×
vs typical plan assets (national mean)

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.

Derrickmens Annuity Fund, Local 197's outsized position by total assets

Derrickmens Annuity Fund, Local 197 vs every filed plan by assets

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

$35,706,609 Top 15% higher than 85% 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

Derrickmens Annuity Fund, Local 197 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. Derrickmens Annuity Fund, Local 197 sits mid-pack in the medium band (229 participants).

Form 5500 schedule snapshot

Filing strip 516112621 · Board of Trustees Derrickmens Annuity Fund, Local 197 PY 2022 · Profit Sharing

Derrickmens Annuity Fund, Local 197 · $36M · 229 · 85th

  • EBSA $36M
  • PART 229
  • TYPE 85th
  • NET Profit Sharing
  • BOOK near Wayne Unc 401(a) Plan
  • VS-ST ind #8291

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 →

Derrickmens Annuity Fund, Local 197 in the asset neighbourhood

Piedmont National Corporation 401(k) Retirement PlanPiedmont National Corporatio…$36MMarina Plon, M.D. Profit Sharing Plan & TrustMarina Plon, M.D. Profit Sha…$36MDerrickmens Annuity Fund, Local 197Derrickmens Annuity Fund, Lo…$36MWayne Unc 401(a) Plan$36MDoane University Defined Contribution Retirement PlanDoane University Defined Con…$36M
End-of-year total assets ($M) among Derrickmens Annuity Fund, Local 197 and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2022.

New York filing particulars

Total Assets (Beginning of Year)$43M
Net Assets (End of Year)$36M
Net Income-$7M
Employer EIN516112621
Plan Effective Date1969-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees Derrickmens Annuity Fund, Local 197)

Sponsor-wide plan assets over time

All Board of Trustees Derrickmens Annuity Fund, Local 197 plans reported in each filing year

Latest sponsor-wide plan assets
$44M 24.324062808652595% vs 2022
2024 filing year
$30M$35M$40M$45M$50M 202220232024 $35.7M $44.4M ▲ +24.3%
Year Plans Participants Total Assets
2022 1 229 $36M
2023 1 170 $42M
2024 1 184 $44M

Nearby Profit Sharing Plans in New York

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Derrickmens Annuity Fund, Local 197 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 ($B) Participants Derrickmens Annuity Fund, Local 197, Total assets ($B): 0.035706609 · Participants: 229Derrickmens Annuity Fund, Local 197Annuity 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
Derrickmens Annuity Fund, Local 197 vs. nearby Profit Sharing plans in New York, assets vs. participants
Compare Derrickmens Annuity Fund, Local 197 side-by-side with 3 peers →

Derrickmens Annuity Fund, Local 197's out-of-state Profit Sharing peers by assets and headcount

Outside New York, the nearest Profit Sharing by assets is Wayne Unc 401(a) Plan in NC ($36M); by covered participants it is Parsons Behle & Latimer Profit Sharing Plan & Trust in UT (229 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (229 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 Derrickmens Annuity Fund, Local 197 assets move in 2022? ▼
Derrickmens Annuity Fund, Local 197 declined sharply - down 17.3% during 2022, from $43M to $36M. Reported net income was -$7M.
How have Board of Trustees Derrickmens Annuity Fund, Local 197 plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees Derrickmens Annuity Fund, Local 197's sponsor-wide assets grew 24.3%, from $36M to $44M.
Where does Derrickmens Annuity Fund, Local 197 rank by assets among Form 5500 filers? ▼
Derrickmens Annuity Fund, Local 197 ranks in the 85th 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 Derrickmens Annuity Fund, Local 197? ▼
Among Profit Sharing plans in other states, the closest by assets is Wayne Unc 401(a) Plan in NC ($36M, 1,319 participants).
Which Profit Sharing plans cover a similar participant headcount to Derrickmens Annuity Fund, Local 197? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Parsons Behle & Latimer Profit Sharing Plan & Trust in UT (229 participants, $131M 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 516112621.

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.