Money Purchase · DOL Form 5500 · 2022

Building Services Local 2 Money Purchase Plan

Data updated 2026-08-11

$8M
Total assets
311
Participants
61st
Percentile by assets
$25,988
Avg per participant
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Official DOL plan name: Building Services Local 2 Retirement Plan & Trust · Sponsored by Building Services Local 2 · New York · Other Services

$8M in assets, 311 participants

Building Services Local 2's Building Services Local 2 Retirement Plan & Trust reported $8M in total assets and 311 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)
  • #6,451 in Other Services (8,398 peers)

Coverage in New York

Building Services Local 2 Retirement Plan & Trust covers 311 participants in New York, about 39% of the average New York filer (state average ~798 per filing). Assets: $8M.

$8M
total plan assets (2022 EOY)
311
covered participants
61st
percentile by assets (of 139,126 plans)
$25,988
avg assets per participant

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Participants vs New York filers

In New York, the average filing covers about 798 participants across 9,061 plans. Building Services Local 2 Retirement Plan & Trust reports 311 participants - about 39% of that state average ($8M EOY assets).

New York filing particulars

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$8M
Net Income-$2M
Employer EIN111820127
Plan Effective Date1979-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Building Services Local 2)

$8M$8.2M$8.4M$8.6M$8.8M 202220232024 $8.08M $8.63M ▲ +6.8%
Total plan assets by year, all Building Services Local 2 plans on file
Year Plans Participants Total Assets
2022 1 311 $8M
2023 1 287 $9M
2024 1 275 $9M

Nearby Money Purchase Plans in New York

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

Building Services Local 2 Retirement Plan & Trust vs. nearby Money Purchase plans in New York, assets vs. participants

Building Services Local 2 Retirement Plan & Trust vs. nearby Money Purchase plans in New York, assets vs. participants Scatter plot of 6 data points. -1000001000020000300004000050000 -1012345 Total assets ($B) Participants Building Services Lo…Tiaa Retirement PlanYoung Men's Christia…McKinsey & Company, …Brookhaven Science A…Iron Workers Locals …
Building Services Local 2 Retirement Plan & Trust 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 Building Services Local 2 Retirement Plan & Trust by total assets, not by location.

Frequently Asked Questions

How did Building Services Local 2 Retirement Plan & Trust assets move in 2022?
Building Services Local 2 Retirement Plan & Trust declined sharply - down 20.3% during 2022, from $10M to $8M. Reported net income was -$2M.
How have Building Services Local 2 plan assets changed over time?
Across 3 plan years on file (2022-2024), Building Services Local 2's sponsor-wide assets grew 6.7%, from $8M to $9M.
Which Money Purchase plans are similar in size to Building Services Local 2 Retirement Plan & Trust?
Among Money Purchase plans in other states, the closest by assets is Lexington Medical Associates, Inc. Money Purchase Pension Plan in AZ ($8M, N/A participants).

Next read for Building Services Local 2 Retirement Pla…

Filing takeaways

Ways to act on Building Services Local 2 Retirement Plan & Trust's numbers.

  • By total assets, Building Services Local 2 Retirement Plan & Trust 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
  • Building Services Local 2's sponsor-wide assets have grown 6.7% since 2022 across 3 plan years on file. More Other Services plans