Profit Sharing · DOL Form 5500 · 2022
Board of Trustees of the Painting Industry Annuity Fund Profit Sharing Plan
Data updated 2026-08-25
- $745M
- Total assets Above avg plan size
- 5,164
- Participants Above avg headcount
- 99th
- Percentile by assets National rank
- $144,267
- Avg per participant Near avg balance/head
Official DOL plan name: Painting Industry Annuity Fund · Sponsored by Board of Trustees of the Painting Industry Annuity Fund · New York · Construction
$745M in assets, 5,164 participants
Board of Trustees of the Painting Industry Annuity Fund's Painting Industry Annuity Fund reported $745M in total assets and 5,164 participants in its 2022 DOL Form 5500 filing, ranking in the 99th 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.
- #9,785 in Construction (9,927 peers)
Coverage in New York
Painting Industry Annuity Fund covers 5,164 participants in New York, 6.5x the typical New York plan (state average ~798 per filing). Assets: $745M.
- #9,785
- in Construction (9,927 peers)
- -12.6%
- assets change YoY
- 7.5×
- vs typical plan assets (national mean)
The plan reported a net loss of $110M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Painting Industry Annuity Fund's outsized position by total assets
Painting Industry Annuity Fund vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$744,992,794 Top 1% higher than 99% 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
Painting Industry 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. Painting Industry Annuity Fund lands in the large band (5,164 participants).
EBSA filing schedule strip
Filing strip 516049898 · Board of Trustees of the Painting Industry Annuity Fund PY 2022 · Profit Sharing
Painting Industry Annuity Fund · $745M · 5,164 · 99th
- PART $745M
- PART 5,164
- PART 99th
- PART Profit Sharing
- PART near Maritime Association - I.L.a. Retirement Fund
- PART ind #9785
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 →
Painting Industry Annuity Fund in the asset neighbourhood
New York filing particulars
| Total Assets (Beginning of Year) | $852M |
|---|---|
| Net Assets (End of Year) | $738M |
| Net Income | -$110M |
| Employer EIN | 516049898 |
| Plan Effective Date | 1965-08-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees of the Painting Industry Annuity Fund)
Sponsor-wide plan assets over time
All Board of Trustees of the Painting Industry Annuity Fund plans reported in each filing year
- Latest sponsor-wide plan assets
- $884M 18.667071966336362% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 5,164 | $745M |
| 2023 | 1 | 5,509 | $812M |
| 2024 | 1 | 5,414 | $884M |
Nearby Profit Sharing Plans in New York
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
- 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
Scale composition for Painting Industry Annuity Fund
Painting Industry Annuity Fund reports $745M in end-of-year assets across 5,164 participants (0.006% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.005% of 93,925,755 covered participants) - about $144,267 per participant (1.0x the national average assets-per-participant) . Net income for plan year 2022 was -$110M.
This plan identity (EIN 516049898, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $745M to $884M (+18.7%) while covered participants moved from 5,164 to 5,414 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 5,164 | $745M | This page |
| 2023 | 5,509 | $812M | Open filing |
| 2024 · index core | 5,414 | $884M | Open filing |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Painting Industry Annuity Fund (Profit Sharing, $884M, 5,414 participants)
Painting Industry Annuity Fund's out-of-state Profit Sharing peers by assets and headcount
Outside New York, the nearest Profit Sharing by assets is Maritime Association - I.L.a. Retirement Fund in TX ($743M); by covered participants it is Fairview Health Services Pension Plan in MN (5,177 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($745M here).
- Maritime Association - I.L.a. Retirement Fund (TX) $743M · 3,941
- The Defined Contribution Plan of the Methodist Hospital (TX) $752M · 27,959
- Les Schwab Profit Sharing Retirement Plan (OR) $731M · 5,197
- The Emory Clinic, Inc. Retirement Savings Plan (GA) $700M · 2,621
Similar participant headcount
Nearest other-state filings by covered participants (5,164 participants); asset peers above are excluded.
- Fairview Health Services Pension Plan (MN) 5,177 · 13 off
- Steamfitters Local 602 Retirement Savings Plan Savings Plan (MD) 5,177 · 13 off
- Firsthealth of the Carolinas, Inc. Retirement Growth Plan (NC) 5,217 · 53 off
- Memorialcare Retirement Plan (CA) 5,104 · 60 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.