Profit Sharing · DOL Form 5500 · 2022
Board of Trustees of the Painting Industry Annuity Fund Profit Sharing Plan
Data updated 2026-08-11
- $745M
- Total assets
- 5,164
- Participants
- 99th
- Percentile by assets
- $144,267
- Avg per participant
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.
- 99th percentile by assets (of 139,126 plans)
- #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.
- $745M
- total plan assets (2022 EOY)
- 5,164
- covered participants
- 99th
- percentile by assets (of 139,126 plans)
- $144,267
- avg assets per participant
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.
Participants vs New York filers
In New York, the average filing covers about 798 participants across 9,061 plans. Painting Industry Annuity Fund reports 5,164 participants - 6.5x that state average ($745M EOY assets).
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)
| 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.
Painting Industry Annuity 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
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)
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Painting Industry Annuity Fund by total assets, not by location.
- 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
Frequently Asked Questions
How did Painting Industry Annuity Fund assets move in 2022? ▼
How have Board of Trustees of the Painting Industry Annuity Fund plan assets changed over time? ▼
Where does Painting Industry Annuity Fund rank by assets among Form 5500 filers? ▼
Which Profit Sharing plans are similar in size to Painting Industry Annuity Fund? ▼
Next read for Painting Industry Annuity Fund
Filing takeaways
Ways to act on Painting Industry Annuity Fund's numbers.
- By total assets, Painting Industry Annuity Fund ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in New York. Compare plans
- Board of Trustees of the Painting Industry Annuity Fund's sponsor-wide assets have grown 18.7% since 2022 across 3 plan years on file. More Construction plans