Profit Sharing · DOL Form 5500 · 2022

New York City Chapter of Nysarc Profit Sharing Plan

Data updated 2026-08-11

$37M
Total assets
584
Participants
85th
Percentile by assets
$62,744
Avg per participant
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Official DOL plan name: Pension Plan for Direct Labor Employees · Sponsored by New York City Chapter of Nysarc · New York · Healthcare & Social Assistance

$37M in assets, 584 participants

New York City Chapter of Nysarc's Pension Plan for Direct Labor Employees reported $37M in total assets and 584 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.

  • 85th percentile by assets (of 139,126 plans)
  • #17,521 in Healthcare & Social Assistance (20,060 peers)

Where Pension Plan for Direct Labor Employees sits by assets

Pension Plan for Direct Labor Employees sits in the top quartile of all filed plans by assets, $37M for 584 participants (~$62,744/participant), down 5.6% in 2022.

$37M
total plan assets (2022 EOY)
584
covered participants
85th
percentile by assets (of 139,126 plans)
$62,744
avg assets per participant

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Pension Plan for Direct Labor Employees vs the 2022 asset distribution

By assets, Pension Plan for Direct Labor Employees outranks 85% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.4x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$39M
Net Assets (End of Year)$37M
Net Income-$2M
Employer EIN135596746
Plan Effective Date1999-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (New York City Chapter of Nysarc)

$35M$40M$45M$50M$55M 202220232024 $36.6M $50.3M ▲ +37.3%
Total plan assets by year, all New York City Chapter of Nysarc plans on file
Year Plans Participants Total Assets
2022 3 3,981 $37M
2023 1 495 $45M
2024 1 431 $50M

Nearby Profit Sharing Plans in New York

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

Pension Plan for Direct Labor Employees vs. nearby Profit Sharing plans in New York, assets vs. participants

Pension Plan for Direct Labor Employees 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 Pension Plan for Dir…Annuity Plan of the …Annuity Fund Iuoe Lo…Annuity Fd of the Iu…The Research Foundat…Mason Tenders Distri…
Pension Plan for Direct Labor Employees vs. nearby Profit Sharing plans in New York, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Pension Plan for Direct Labor Employees by total assets, not by location.

Frequently Asked Questions

How did Pension Plan for Direct Labor Employees assets move in 2022?
Pension Plan for Direct Labor Employees pulled back noticeably - down 5.6% during 2022, from $39M to $37M. Reported net income was -$2M.
How have New York City Chapter of Nysarc plan assets changed over time?
Across 3 plan years on file (2022-2024), New York City Chapter of Nysarc's sponsor-wide assets grew 37.3%, from $37M to $50M.
Where does Pension Plan for Direct Labor Employees rank by assets among Form 5500 filers?
Pension Plan for Direct Labor Employees 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 Pension Plan for Direct Labor Employees?
Among Profit Sharing plans in other states, the closest by assets is IBEW Local No. 32 NECA Profit Sharing Annuity Plan in MI ($37M, 473 participants).

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