Profit Sharing · DOL Form 5500 · 2022

Bac Local 5 New York Annuity Plan Profit Sharing Plan

Data updated 2026-08-25

$20M
Total assets Small plan by assets
1,356
Participants Near avg headcount
77th
Percentile by assets National rank
$14,670
Avg per participant Low balance/head
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Official DOL plan name: Bac Local 5 New York Annuity Plan · Sponsored by Bac Local 5 New York Annuity Plan · New York · Construction

$20M in assets, 1,356 participants

Bac Local 5 New York Annuity Plan's Bac Local 5 New York Annuity Plan reported $20M in total assets and 1,356 participants in its 2022 DOL Form 5500 filing, ranking in the 77th 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.

  • #7,598 in Construction (9,927 peers)

Where Bac Local 5 New York Annuity Plan sits by assets

Bac Local 5 New York Annuity Plan sits in the top quartile of all filed plans by assets, $20M for 1,356 participants (~$14,670/participant), down 19.7% in 2022.

#7,598
in Construction (9,927 peers)
-19.7%
assets change YoY
0.2×
vs typical plan assets (national mean)

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.

Bac Local 5 New York Annuity Plan's outsized position by total assets

Bac Local 5 New York Annuity Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$19,893,112 Top 23% higher than 77% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Bac Local 5 New York Annuity Plan'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. Bac Local 5 New York Annuity Plan lands in the large band (1,356 participants).

Plan-year Form 5500 strip

Filing strip 237107109 · Bac Local 5 New York Annuity Plan PY 2022 · Profit Sharing

Bac Local 5 New York Annuity Plan · $20M · 1,356 · 77th

  • EOY $20M
  • EOY 1,356
  • EOY 77th
  • EOY Profit Sharing
  • EOY near Servicesource, Inc. 401(a) Retirement Plan
  • EOY ind #7598

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 →

Bac Local 5 New York Annuity Plan in the asset neighbourhood

Dykman Electrical, Inc. Profit Sharing PlanDykman Electrical, Inc. Prof…$20MSuperfeet Worldwide, Inc. Profit Sharing Plan and TrustSuperfeet Worldwide, Inc. Pr…$20MServicesource, Inc. 401(a) Retirement PlanServicesource, Inc. 401(a) R…$20MMemorial Health System Hospitals Defined Contribution PlanMemorial Health System Hospi…$20MBac Local 5 New York Annuity PlanBac Local 5 New York Annuity…$20M
End-of-year total assets ($M) among Bac Local 5 New York Annuity Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$25M
Net Assets (End of Year)$20M
Net Income-$5M
Employer EIN237107109
Plan Effective Date1971-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Bac Local 5 New York Annuity Plan)

Sponsor-wide plan assets over time

All Bac Local 5 New York Annuity Plan plans reported in each filing year

Latest sponsor-wide plan assets
$25M 27.51543348270497% vs 2022
2024 filing year
$18M$20M$22M$24M$26M 202220232024 $19.9M $25.4M ▲ +27.6%
Year Plans Participants Total Assets
2022 1 1,356 $20M
2023 1 1,438 $23M
2024 1 1,431 $25M

Nearby Profit Sharing Plans in New York

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

Bac Local 5 New York Annuity Plan vs. nearby Profit Sharing plans in New York, assets vs. participants Scatter plot of 6 data points. 0500010000150002000025000 -0.500.511.522.5 Total assets ($B) Participants Bac Local 5 New York Annuity Plan, Total assets ($B): 0.019893112 · Participants: 1356Bac Local 5 New York Annuity PlanAnnuity Plan of the Electrical Industry, Total assets ($B): 1.982735962 · Participants: 19997Annuity Plan of the Electrical IndustryAnnuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIO, Total assets ($B): 1.649838154 · Participants: 3494Annuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIOAnnuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIO, Total assets ($B): 1.458865603 · Participants: 5696Annuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIOThe Research Foundation for Suny Retirement Plan, Total assets ($B): 1.065250862 · Participants: 11139The Research Foundation for Suny Retirement PlanMason Tenders District Council Annuity Fund, Total assets ($B): 0.836936679 · Participants: 11072Mason Tenders District Council Annuity Fund
Bac Local 5 New York Annuity Plan vs. nearby Profit Sharing plans in New York, assets vs. participants
Compare Bac Local 5 New York Annuity Plan side-by-side with 3 peers →

Bac Local 5 New York Annuity Plan's out-of-state Profit Sharing peers by assets and headcount

Outside New York, the nearest Profit Sharing by assets is Servicesource, Inc. 401(a) Retirement Plan in VA ($20M); by covered participants it is The J. Paul Getty Trust Defined Contribution Retirement Plan in CA (1,357 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,356 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Bac Local 5 New York Annuity Plan assets move in 2022? ▼
Bac Local 5 New York Annuity Plan declined sharply - down 19.7% during 2022, from $25M to $20M. Reported net income was -$5M.
How have Bac Local 5 New York Annuity Plan plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Bac Local 5 New York Annuity Plan's sponsor-wide assets grew 27.5%, from $20M to $25M.
Where does Bac Local 5 New York Annuity Plan rank by assets among Form 5500 filers? ▼
Bac Local 5 New York Annuity Plan ranks in the 77th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which Profit Sharing plans are similar in size to Bac Local 5 New York Annuity Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Servicesource, Inc. 401(a) Retirement Plan in VA ($20M, 1,253 participants).
Which Profit Sharing plans cover a similar participant headcount to Bac Local 5 New York Annuity Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is The J. Paul Getty Trust Defined Contribution Retirement Plan in CA (1,357 participants, $133M in assets).

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 237107109.

Read our methodology - how this data is sourced, computed, and verified.

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