Profit Sharing · DOL Form 5500 · 2022

Board of Trustees Bac Local 3 Ny Individual Account Retirement Fund Profit Sharing Plan

Data updated 2026-08-25

$86M
Total assets Below avg plan size
2,386
Participants Above avg headcount
92nd
Percentile by assets National rank
$36,179
Avg per participant Low balance/head
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Official DOL plan name: Bac Local 3 Ny Individual Account Retirement Fund · Sponsored by Board of Trustees Bac Local 3 Ny Individual Account Retirement Fund · New York · Construction

$86M in assets, 2,386 participants

Board of Trustees Bac Local 3 Ny Individual Account Retirement Fund's Bac Local 3 Ny Individual Account Retirement Fund reported $86M in total assets and 2,386 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.

  • #8,997 in Construction (9,927 peers)

Coverage in New York

Bac Local 3 Ny Individual Account Retirement Fund covers 2,386 participants in New York, 3.0x the typical New York plan (state average ~798 per filing). Assets: $86M.

#8,997
in Construction (9,927 peers)
-17.5%
assets change YoY
0.9×
vs typical plan assets (national mean)

The plan reported a net loss of $18M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Bac Local 3 Ny Individual Account Retirement Fund's outsized position by total assets

Bac Local 3 Ny Individual Account Retirement Fund vs every filed plan by assets

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

$86,322,689 Top 8% higher than 92% 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

Bac Local 3 Ny Individual Account Retirement 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. Bac Local 3 Ny Individual Account Retirement Fund lands in the large band (2,386 participants).

Published 5500 schedule card

Filing strip 161184581 · Board of Trustees Bac Local 3 Ny Individual Account Retirement Fund PY 2022 · Profit Sharing

Bac Local 3 Ny Individual Account Retirement Fund · $86M · 2,386 · 92nd

  • RANK $86M
  • RANK 2,386
  • RANK 92nd
  • RANK Profit Sharing
  • RANK near Stowers Group Retirement Plan
  • RANK ind #8997

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 →

Bac Local 3 Ny Individual Account Retirement Fund in the asset neighbourhood

Hood College Defined Contribution Retirement PlanHood College Defined Contrib…$87MBac Local 3 Ny Individual Account Retirement FundBac Local 3 Ny Individual Ac…$86MStowers Group Retirement Plan$86MI.U.O.E. Local #132 Annuity & Savings FundI.U.O.E. Local #132 Annuity …$86MKeystone-Bartonville 401(k) Retirement PlanKeystone-Bartonville 401(k) …$86M
End-of-year total assets ($M) among Bac Local 3 Ny Individual Account Retirement Fund and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2022.

New York filing particulars

Total Assets (Beginning of Year)$105M
Net Assets (End of Year)$86M
Net Income-$18M
Employer EIN161184581
Plan Effective Date1982-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees Bac Local 3 Ny Individual Account Retirement Fund)

Sponsor-wide plan assets over time

All Board of Trustees Bac Local 3 Ny Individual Account Retirement Fund plans reported in each filing year

Latest sponsor-wide plan assets
$99M 14.215619487942504% vs 2022
2024 filing year
$85M$90M$95M$100M 202220232024 $86.3M $98.6M ▲ +14.2%
Year Plans Participants Total Assets
2022 1 2,386 $86M
2023 1 2,186 $95M
2024 1 2,162 $99M

Nearby Profit Sharing Plans in New York

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

Bac Local 3 Ny Individual Account Retirement Fund vs. nearby Profit Sharing plans in New York, assets vs. participants Scatter plot of 6 data points. 0500010000150002000025000 -0.500.511.522.5 Total assets ($B) Participants Bac Local 3 Ny Individual Account Retirement Fund, Total assets ($B): 0.086322689 · Participants: 2386Bac Local 3 Ny Individual Account Retirement FundAnnuity 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
Bac Local 3 Ny Individual Account Retirement Fund vs. nearby Profit Sharing plans in New York, assets vs. participants
Compare Bac Local 3 Ny Individual Account Retirement Fund side-by-side with 3 peers →

Bac Local 3 Ny Individual Account Retirement Fund's out-of-state Profit Sharing peers by assets and headcount

Outside New York, the nearest Profit Sharing by assets is Stowers Group Retirement Plan in MO ($86M); by covered participants it is Southeast Georgia Health System, Inc. 403(b) Retirement Savings Plan in GA (2,400 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($86M here).

Similar participant headcount

Nearest other-state filings by covered participants (2,386 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 Bac Local 3 Ny Individual Account Retirement Fund assets move in 2022? ▼
Bac Local 3 Ny Individual Account Retirement Fund declined sharply - down 17.5% during 2022, from $105M to $86M. Reported net income was -$18M.
How have Board of Trustees Bac Local 3 Ny Individual Account Retirement Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees Bac Local 3 Ny Individual Account Retirement Fund's sponsor-wide assets grew 14.2%, from $86M to $99M.
Where does Bac Local 3 Ny Individual Account Retirement Fund rank by assets among Form 5500 filers? ▼
Bac Local 3 Ny Individual Account Retirement Fund ranks in the 92nd percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which Profit Sharing plans are similar in size to Bac Local 3 Ny Individual Account Retirement Fund? ▼
Among Profit Sharing plans in other states, the closest by assets is Stowers Group Retirement Plan in MO ($86M, 415 participants).
Which Profit Sharing plans cover a similar participant headcount to Bac Local 3 Ny Individual Account Retirement Fund? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Southeast Georgia Health System, Inc. 403(b) Retirement Savings Plan in GA (2,400 participants, $154M 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 161184581.

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.