Profit Sharing · DOL Form 5500 · 2022
Tmt Bac Local Union #7 Profit Sharing Plan
Data updated 2026-08-25
- $186M
- Total assets Near avg plan size
- 1,465
- Participants Near avg headcount
- 95th
- Percentile by assets National rank
- $126,640
- Avg per participant Near avg balance/head
Official DOL plan name: The Local 7 Tile Industry Annuity Fund · Sponsored by Tmt Bac Local Union #7 · New York · Construction
$186M in assets, 1,465 participants
Tmt Bac Local Union #7's The Local 7 Tile Industry Annuity Fund reported $186M in total assets and 1,465 participants in its 2022 DOL Form 5500 filing, ranking in the 95th 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.
- #9,391 in Construction (9,927 peers)
Where The Local 7 Tile Industry Annuity Fund sits by assets
The Local 7 Tile Industry Annuity Fund sits in the top 5% of all filed plans by assets, $186M for 1,465 participants (~$126,640/participant), down 10.8% in 2022.
- #9,391
- in Construction (9,927 peers)
- -10.8%
- assets change YoY
- 1.9×
- vs typical plan assets (national mean)
The plan reported a net loss of $22M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
The Local 7 Tile Industry Annuity Fund's outsized position by total assets
The Local 7 Tile Industry Annuity Fund vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$185,528,072 Top 5% higher than 95% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
The Local 7 Tile Industry Annuity Fund'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. The Local 7 Tile Industry Annuity Fund lands in the large band (1,465 participants).
Published 5500 schedule card
Filing strip 386829765 · Tmt Bac Local Union #7 PY 2022 · Profit Sharing
The Local 7 Tile Industry Annuity Fund · $186M · 1,465 · 95th
- PART $186M
- PART 1,465
- PART 95th
- PART Profit Sharing
- PART near Enloe Medical Center Defined Contribution Retirement Plan
- PART ind #9391
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 →
The Local 7 Tile Industry Annuity Fund in the asset neighbourhood
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $208M |
|---|---|
| Net Assets (End of Year) | $185M |
| Net Income | -$22M |
| Employer EIN | 386829765 |
| Plan Effective Date | 2005-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Tmt Bac Local Union #7)
Sponsor-wide plan assets over time
All Tmt Bac Local Union #7 plans reported in each filing year
- Latest sponsor-wide plan assets
- $214M 15.238506871348289% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 1,465 | $186M |
| 2023 | 1 | 1,462 | $196M |
| 2024 | 1 | 1,234 | $214M |
Nearby Profit Sharing Plans in New York
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
- 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
The Local 7 Tile Industry Annuity Fund's out-of-state Profit Sharing peers by assets and headcount
Outside New York, the nearest Profit Sharing by assets is Enloe Medical Center Defined Contribution Retirement Plan in CA ($186M); by covered participants it is 401(a) Valley Presbyterian Hospital Defined Contribution Plan in CA (1,466 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($186M here).
- Enloe Medical Center Defined Contribution Retirement Plan (CA) $186M · 3,049
- Bridgeport Hospital Employer Contribution Retirement Plan (CT) $187M · 4,221
- NECA-IBEW Memphis Retirement Plan (MI) $184M · 2,189
- Airconditioning and Refrigeration Industry Defined Contribution Retirement Plan (CA) $183M · 2,834
Similar participant headcount
Nearest other-state filings by covered participants (1,465 participants); asset peers above are excluded.
- 401(a) Valley Presbyterian Hospital Defined Contribution Plan (CA) 1,466 · 1 off
- Methodist Hospital of Southern California Retirement Savings (CA) 1,470 · 5 off
- Anderson Regional Medical Center Retirement Savings Plan (MS) 1,475 · 10 off
- New Orleans Electrical Annuity Plan (TN) 1,451 · 14 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.