Money Purchase · DOL Form 5500 · 2022
Board of Trustees Local 580 Annuity Fund Money Purchase Plan
Data updated 2026-08-25
- $710M
- Total assets Above avg plan size
- 3,396
- Participants Above avg headcount
- 98th
- Percentile by assets National rank
- $209,074
- Avg per participant Above avg balance/head
Official DOL plan name: Local 580 Annuity Fund · Sponsored by Board of Trustees Local 580 Annuity Fund · New York · Construction
$710M in assets, 3,396 participants
Board of Trustees Local 580 Annuity Fund's Local 580 Annuity Fund reported $710M in total assets and 3,396 participants in its 2022 DOL Form 5500 filing, ranking in the 98th 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.
- #9,776 in Construction (9,927 peers)
Coverage in New York
Local 580 Annuity Fund covers 3,396 participants in New York, 4.3x the typical New York plan (state average ~798 per filing). Assets: $710M.
- #9,776
- in Construction (9,927 peers)
- -13.4%
- assets change YoY
- 7.1×
- vs typical plan assets (national mean)
The plan reported a net loss of $123M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Local 580 Annuity Fund's outsized position by total assets
Local 580 Annuity Fund vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$710,015,457 Top 2% higher than 98% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Local 580 Annuity Fund's large-plan peer group by participant headcount
Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Local 580 Annuity Fund lands in the large band (3,396 participants).
Plan-year Form 5500 strip
Filing strip 136178512 · Board of Trustees Local 580 Annuity Fund PY 2022 · Money Purchase
Local 580 Annuity Fund · $710M · 3,396 · 98th
- IND $710M
- EOY 3,396
- 5500 98th
- ASSETS Money Purchase
- PCT near William Marsh Rice University Defined Contribution Retirement Plan
- EIN ind #9776
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 →
Local 580 Annuity Fund in the asset neighbourhood
New York filing particulars
| Total Assets (Beginning of Year) | $820M |
|---|---|
| Net Assets (End of Year) | $695M |
| Net Income | -$123M |
| Employer EIN | 136178512 |
| Plan Effective Date | 1964-01-24 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees Local 580 Annuity Fund)
Sponsor-wide plan assets over time
All Board of Trustees Local 580 Annuity Fund plans reported in each filing year
- Latest sponsor-wide plan assets
- $663M 53.331747396028874% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 6,792 | $1.4B |
| 2023 | 2 | 6,444 | $1.4B |
| 2024 | 1 | 3,126 | $663M |
Nearby Money Purchase Plans in New York
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
- 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
Local 580 Annuity Fund's out-of-state Money Purchase peers by assets and headcount
Outside New York, the nearest Money Purchase by assets is William Marsh Rice University Defined Contribution Retirement Plan in TX ($718M); by covered participants it is Billings Clinic Pension Plan in MT (3,408 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($710M here).
- William Marsh Rice University Defined Contribution Retirement Plan (TX) $718M · 6,837
- Kaiser Permanente Supplemental Savings and Retirement Plan for Scpmg (CA) $693M · 6,078
- Pacific Coast Benefits Trust Fund (WA) $731M · 59,247
- 401(a) Def Cont Ret Plan for Dartmouth College Faculty/Staff (NH) $688M · 3,756
Similar participant headcount
Nearest other-state filings by covered participants (3,396 participants); asset peers above are excluded.
- Billings Clinic Pension Plan (MT) 3,408 · 12 off
- Southeastern Ironworkers Annuity Plan (UT) 3,457 · 61 off
- Millwrights Pension Plan (TX) 3,482 · 86 off
- Shopmen's Iron Workers Retirement Fund of Southern California (CA) 3,490 · 94 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.