Profit Sharing · DOL Form 5500 · 2022
Board of Trustees Bac Local 3 Ny Individual Account Retirement Fund Profit Sharing Plan
Data updated 2026-08-11
- $86M
- Total assets
- 2,386
- Participants
- 92nd
- Percentile by assets
- $36,179
- Avg per participant
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.
- 92nd percentile by assets (of 139,126 plans)
- #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.
- $86M
- total plan assets (2022 EOY)
- 2,386
- covered participants
- 92nd
- percentile by assets (of 139,126 plans)
- $36,179
- avg assets per participant
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.
Participants vs New York filers
In New York, the average filing covers about 798 participants across 9,061 plans. Bac Local 3 Ny Individual Account Retirement Fund reports 2,386 participants - 3.0x that state average ($86M EOY assets).
New York filing particulars
| Total Assets (Beginning of Year) | $105M |
|---|---|
| Net Assets (End of Year) | $86M |
| Net Income | -$18M |
| Employer EIN | 161184581 |
| Plan Effective Date | 1982-06-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees Bac Local 3 Ny Individual Account Retirement Fund)
| 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
- Annuity Plan of the Electrical Industry $2.0B · 19,997
- Annuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIO $1.6B · 3,494
- Annuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIO $1.5B · 5,696
- The Research Foundation for Suny Retirement Plan $1.1B · 11,139
- Mason Tenders District Council Annuity Fund $837M · 11,072
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Bac Local 3 Ny Individual Account Retirement Fund by total assets, not by location.
- Stowers Group Retirement Plan (MO) $86M · 415
- I.U.O.E. Local #132 Annuity & Savings Fund (WV) $86M · 8,453
- Hood College Defined Contribution Retirement Plan (MD) $87M · 299
- Keystone-Bartonville 401(k) Retirement Plan (TX) $86M · 626
Frequently Asked Questions
How did Bac Local 3 Ny Individual Account Retirement Fund assets move in 2022? ▼
How have Board of Trustees Bac Local 3 Ny Individual Account Retirement Fund plan assets changed over time? ▼
Where does Bac Local 3 Ny Individual Account Retirement Fund rank by assets among Form 5500 filers? ▼
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Filing takeaways
Ways to act on Bac Local 3 Ny Individual Account Retirement Fund's numbers.
- By total assets, Bac Local 3 Ny Individual Account Retirement Fund ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in New York. Compare plans
- Board of Trustees Bac Local 3 Ny Individual Account Retirement Fund's sponsor-wide assets have grown 14.2% since 2022 across 3 plan years on file. More Construction plans