Profit Sharing · DOL Form 5500 · 2022

Associated Builders and Contractors Profit Sharing Plan

Data updated 2026-08-11

$12M
Total assets
476
Participants
68th
Percentile by assets
$24,654
Avg per participant
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Official DOL plan name: Associated Builders and Contractors, Inc Utah Chapter Mep · Sponsored by Associated Builders and Contractors · Utah · Construction

$12M in assets, 476 participants

Associated Builders and Contractors's Associated Builders and Contractors, Inc Utah Chapter Mep reported $12M in total assets and 476 participants in its 2022 DOL Form 5500 filing, ranking in the 68th 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.

  • 68th percentile by assets (of 139,126 plans)
  • #6,729 in Construction (9,927 peers)

Associated Builders and Contractors multi-year trail

Associated Builders and Contractors's plans moved -12.6% in assets from 2022 to 2024; this filing shows Associated Builders and Contractors, Inc Utah Chapter Mep at $12M / 476 participants.

$12M
total plan assets (2022 EOY)
476
covered participants
68th
percentile by assets (of 139,126 plans)
$24,654
avg assets per participant

The plan reported a net loss of $5M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Associated Builders and Contractors across 3 plan years on file

Across the 3 plan years Associated Builders and Contractors has on file (2022-2024), sponsor-wide plan assets have moved from $12M to $10M, a decline of 12.6%, while reported participants moved from 476 to 297 (-37.6%). Peak year by sponsor assets: 2023 ($15M); trough: 2024 ($10M).

Associated Builders and Contractors multi-year asset trail

$8M$10M$12M$14M$16M 202220232024 $11.7M $10.3M ▼ -12.6%
Total plan assets by year, all Associated Builders and Contractors plans on file
Year Plans Participants Total Assets
2022 1 476 $12M
2023 1 475 $15M
2024 1 297 $10M

Associated Builders and Contractors filing trail (2022)

Total Assets (Beginning of Year)$21M
Net Assets (End of Year)$12M
Net Income-$5M
Employer EIN870343604
Plan Effective Date2018-01-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Utah

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

Associated Builders and Contractors, Inc Utah Chapter Mep vs. nearby Profit Sharing plans in Utah, assets vs. participants

Associated Builders and Contractors, Inc Utah Chapter Mep vs. nearby Profit Sharing plans in Utah, assets vs. participants Scatter plot of 6 data points. -200002000400060008000 -1000100200300400 Total assets ($M) Participants Associated Builders …Wgu Retirement Savin…Dyno Nobel Inc. and …Management & Trainin…Parsons Behle & Lati…Rio Tinto Alcan 401(…
Associated Builders and Contractors, Inc Utah Chapter Mep vs. nearby Profit Sharing plans in Utah, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Associated Builders and Contractors, Inc Utah Chapter Mep by total assets, not by location.

Frequently Asked Questions

How did Associated Builders and Contractors, Inc Utah Chapter Mep assets move in 2022?
Associated Builders and Contractors, Inc Utah Chapter Mep contracted severely - down 44.5% during 2022, from $21M to $12M. Reported net income was -$5M.
How have Associated Builders and Contractors plan assets changed over time?
Across 3 plan years on file (2022-2024), Associated Builders and Contractors's sponsor-wide assets declined 12.6%, from $12M to $10M.
Which Profit Sharing plans are similar in size to Associated Builders and Contractors, Inc Utah Chapter Mep?
Among Profit Sharing plans in other states, the closest by assets is Great Lakes Behavioral Research Institute Employee Pension Plan in PA ($12M, 184 participants).

Next read for Associated Builders and Contractors, Inc…

Multi-year trail

Ways to act on Associated Builders and Contractors, Inc Utah Chapter Mep's numbers.

  • By total assets, Associated Builders and Contractors, Inc Utah Chapter Mep ranks above the median plan by assets. See the largest plans
  • Compare it side-by-side against 3 similar Profit Sharing plans in Utah. Compare plans
  • Associated Builders and Contractors's sponsor-wide assets have declined 12.6% since 2022 across 3 plan years on file. More Construction plans