Profit Sharing · DOL Form 5500 · 2022
Bac Local 5 New York Annuity Plan Profit Sharing Plan
Data updated 2026-08-11
- $20M
- Total assets
- 1,356
- Participants
- 77th
- Percentile by assets
- $14,670
- Avg per participant
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.
- 77th percentile by assets (of 139,126 plans)
- #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.
- $20M
- total plan assets (2022 EOY)
- 1,356
- covered participants
- 77th
- percentile by assets (of 139,126 plans)
- $14,670
- 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.
Bac Local 5 New York Annuity Plan vs the 2022 asset distribution
By assets, Bac Local 5 New York Annuity Plan outranks 77% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.2x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $25M |
|---|---|
| Net Assets (End of Year) | $20M |
| Net Income | -$5M |
| Employer EIN | 237107109 |
| Plan Effective Date | 1971-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Bac Local 5 New York Annuity Plan)
| 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
- 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
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Bac Local 5 New York Annuity Plan by total assets, not by location.
Frequently Asked Questions
How did Bac Local 5 New York Annuity Plan assets move in 2022? ▼
How have Bac Local 5 New York Annuity Plan plan assets changed over time? ▼
Where does Bac Local 5 New York Annuity Plan rank by assets among Form 5500 filers? ▼
Which Profit Sharing plans are similar in size to Bac Local 5 New York Annuity Plan? ▼
Next read for Bac Local 5 New York Annuity Plan
Scale reading
Ways to act on Bac Local 5 New York Annuity Plan's numbers.
- By total assets, Bac Local 5 New York Annuity Plan ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in New York. Compare plans
- Bac Local 5 New York Annuity Plan's sponsor-wide assets have grown 27.5% since 2022 across 3 plan years on file. More Construction plans