401(k)
2022 plan-year 401(k) DOL Form 5500

Painting Industry Annuity Fund

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Board of Trustees of the Painting Industry Annuity Fund · New York · Construction

What the 2023 filing shows

Painting Industry Annuity Fund holds $745M for 5,164 participants — about $144,267 per participant, down 12.6% over the 2022 plan year.

$745M
total plan assets (2022 EOY)
5,164
covered participants
$144,267
avg assets per participant
-12.6%
assets change YoY

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.

Total Assets (2023)
$745M
Participants
5,164
State
Industry
Construction

What the Filing Says About Painting Industry Annuity Fund

Painting Industry Annuity Fund is a 401(k) retirement plan sponsored by Board of Trustees of the Painting Industry Annuity Fund, headquartered in New York. As of the 2022 Form 5500 filing, the plan reports $745M in total end-of-year assets and covers 5,164 participants across the Construction industry. The sponsor's EIN on file with the U.S. Department of Labor is 516049898, and the plan has been effective since 1965-08-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $852M at the beginning of 2022 to $745M at year-end — a decline of 12.6%. Net assets (after liabilities) closed the year at $738M, with reported net income of $-110,385,624 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$852M
Total Assets (End of Year)$745M
Net Assets (End of Year)$738M
Net Income$-110,385,624
Plan Type401(k)
Employer EIN516049898
Plan Effective Date1965-08-01
Filing StatusFILING 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

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Frequently Asked Questions

How much money is in the Painting Industry Annuity Fund?
As of the 2022 Form 5500 filing, Painting Industry Annuity Fund holds $745M in total assets with 5,164 participants. It is sponsored by Board of Trustees of the Painting Industry Annuity Fund.
What type of plan is Painting Industry Annuity Fund?
Painting Industry Annuity Fund is a 401(k) plan. It has been effective since 1965-08-01. The plan is filed with the U.S. Department of Labor under EIN 516049898.
Who sponsors the Painting Industry Annuity Fund?
Painting Industry Annuity Fund is sponsored by Board of Trustees of the Painting Industry Annuity Fund, located in New York. The sponsor's EIN is 516049898 and the plan operates in the Construction industry.
How did Painting Industry Annuity Fund perform in 2022?
Painting Industry Annuity Fund declined by 12.6% during 2022, moving from $852M to $745M in total assets. Net income was $-110,385,624.
Where can I find official filings for Painting Industry Annuity Fund?
Official Form 5500 filings for Painting Industry Annuity Fund are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 516049898 or plan name at efast.dol.gov.
How does Painting Industry Annuity Fund compare to other plans?
You can compare Painting Industry Annuity Fund against other 401(k) plans on the plan type page, or view plans in New York on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 516049898.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.