Money Purchase · DOL Form 5500 · 2022

Asbestos Workers Syracuse Annuity Fund Money Purchase Plan

Data updated 2026-08-11

$8M
Total assets
71
Participants
61st
Percentile by assets
$119,087
Avg per participant
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Official DOL plan name: Asbestos Workers Syracuse Annuity Fund · Sponsored by Asbestos Workers Syracuse Annuity Fund · New York · Construction

$8M in assets, 71 participants

Asbestos Workers Syracuse Annuity Fund's Asbestos Workers Syracuse Annuity Fund reported $8M in total assets and 71 participants in its 2022 DOL Form 5500 filing, ranking in the 61st 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.

  • 61st percentile by assets (of 139,126 plans)
  • #6,063 in Construction (9,927 peers)

Asbestos Workers Syracuse Annuity Fund multi-year trail

Asbestos Workers Syracuse Annuity Fund's plans moved +22.5% in assets from 2022 to 2024; this filing shows Asbestos Workers Syracuse Annuity Fund at $8M / 71 participants.

$8M
total plan assets (2022 EOY)
71
covered participants
61st
percentile by assets (of 139,126 plans)
$119,087
avg assets per participant

The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Asbestos Workers Syracuse Annuity Fund across 3 plan years on file

Across the 3 plan years Asbestos Workers Syracuse Annuity Fund has on file (2022-2024), sponsor-wide plan assets have moved from $8M to $10M, a gain of 22.5%, while reported participants moved from 71 to 75 (+5.6%). Peak year by sponsor assets: 2024 ($10M); trough: 2022 ($8M).

Asbestos Workers Syracuse Annuity Fund multi-year asset trail

$8M$9M$10M$11M 202220232024 $8.46M $10.4M ▲ +22.5%
Total plan assets by year, all Asbestos Workers Syracuse Annuity Fund plans on file
Year Plans Participants Total Assets
2022 1 71 $8M
2023 1 69 $9M
2024 1 75 $10M

Asbestos Workers Syracuse Annuity Fund filing trail (2022)

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$8M
Net Income-$1M
Employer EIN161298413
Plan Effective Date1986-08-04
Filing StatusFILING RECEIVED

Nearby Money Purchase Plans in New York

Peer Money Purchase plans, same state, same plan type, ranked by total assets.

Asbestos Workers Syracuse Annuity Fund vs. nearby Money Purchase plans in New York, assets vs. participants

Asbestos Workers Syracuse Annuity Fund vs. nearby Money Purchase plans in New York, assets vs. participants Scatter plot of 6 data points. -1000001000020000300004000050000 -1012345 Total assets ($B) Participants Asbestos Workers Syr…Tiaa Retirement PlanYoung Men's Christia…McKinsey & Company, …Brookhaven Science A…Iron Workers Locals …
Asbestos Workers Syracuse Annuity Fund vs. nearby Money Purchase plans in New York, assets vs. participants

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to Asbestos Workers Syracuse Annuity Fund by total assets, not by location.

Frequently Asked Questions

How did Asbestos Workers Syracuse Annuity Fund assets move in 2022?
Asbestos Workers Syracuse Annuity Fund pulled back noticeably - down 12.3% during 2022, from $10M to $8M. Reported net income was -$1M.
How have Asbestos Workers Syracuse Annuity Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Asbestos Workers Syracuse Annuity Fund's sponsor-wide assets grew 22.5%, from $8M to $10M.
Which Money Purchase plans are similar in size to Asbestos Workers Syracuse Annuity Fund?
Among Money Purchase plans in other states, the closest by assets is Bayou La Batre Area Health Development Board, Inc. Mpp in AL ($8M, 93 participants).

Next read for Asbestos Workers Syracuse Annuity Fund

Multi-year trail

Ways to act on Asbestos Workers Syracuse Annuity Fund's numbers.

  • By total assets, Asbestos Workers Syracuse Annuity Fund ranks above the median plan by assets. See the largest plans
  • Compare it side-by-side against 3 similar Money Purchase plans in New York. Compare plans
  • Asbestos Workers Syracuse Annuity Fund's sponsor-wide assets have grown 22.5% since 2022 across 3 plan years on file. More Construction plans