Money Purchase · DOL Form 5500 · 2022
Local 670 Annuity Fund Joint Board of Trustees Money Purchase Plan
Data updated 2026-08-11
- $23M
- Total assets
- 1,381
- Participants
- 79th
- Percentile by assets
- $16,352
- Avg per participant
Official DOL plan name: Local 670 Annuity Fund · Sponsored by Local 670 Annuity Fund Joint Board of Trustees · New York · Finance & Insurance
$23M in assets, 1,381 participants
Local 670 Annuity Fund Joint Board of Trustees's Local 670 Annuity Fund reported $23M in total assets and 1,381 participants in its 2022 DOL Form 5500 filing, ranking in the 79th 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.
- 79th percentile by assets (of 139,126 plans)
- #6,143 in Finance & Insurance (9,261 peers)
Where Local 670 Annuity Fund sits by assets
Local 670 Annuity Fund sits in the top quartile of all filed plans by assets, $23M for 1,381 participants (~$16,352/participant), down 15.7% in 2022.
- $23M
- total plan assets (2022 EOY)
- 1,381
- covered participants
- 79th
- percentile by assets (of 139,126 plans)
- $16,352
- avg assets per participant
The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Local 670 Annuity Fund vs the 2022 asset distribution
By assets, Local 670 Annuity Fund outranks 79% 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) | $27M |
|---|---|
| Net Assets (End of Year) | $22M |
| Net Income | -$4M |
| Employer EIN | 136915739 |
| Plan Effective Date | 1989-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Local 670 Annuity Fund Joint Board of Trustees)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 1,381 | $23M |
| 2023 | 1 | 1,377 | $26M |
| 2024 | 1 | 1,341 | $28M |
Nearby Money Purchase Plans in New York
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
Local 670 Annuity Fund vs. nearby Money Purchase plans in New York, assets vs. participants
- Tiaa Retirement Plan $4.5B · 11,825
- Young Men's Christian Association Retirement Fund Retirement Plan $3.6B · 42,922
- McKinsey & Company, Inc. (Mppp) Money Purchase Pension Plan $1.7B · 11,845
- Brookhaven Science Associates, LLC Retirement Plan $1.3B · 2,436
- Iron Workers Locals 40,361, & 417 Annuity Fund $1.1B · 5,068
Similar-Sized Money Purchase Plans Nationally
Money Purchase plans in other states closest to Local 670 Annuity Fund by total assets, not by location.
- Au Medical Associates Employees' Money Purchase Pension Plan (GA) $22M · 303
- Frozen Phs 401(a) Plan (TX) $22M · 351
- Local No. 661 Retirement Plan (KS) $22M · 198
- Plumbers and Steamfitters Local No 42 Retirement Plan (OH) $22M · 385
Frequently Asked Questions
How did Local 670 Annuity Fund assets move in 2022? ▼
How have Local 670 Annuity Fund Joint Board of Trustees plan assets changed over time? ▼
Where does Local 670 Annuity Fund rank by assets among Form 5500 filers? ▼
Which Money Purchase plans are similar in size to Local 670 Annuity Fund? ▼
Next read for Local 670 Annuity Fund
Scale reading
Ways to act on Local 670 Annuity Fund's numbers.
- By total assets, Local 670 Annuity Fund ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Money Purchase plans in New York. Compare plans
- Local 670 Annuity Fund Joint Board of Trustees's sponsor-wide assets have grown 24.1% since 2022 across 3 plan years on file. More Finance & Insurance plans