401(k) · DOL Form 5500 · 2022

Bd of Tees of Elevator Constructors Union Local No. 1 Annuity & 401(k) F 401(k) Plan

Data updated 2026-08-25

$1.4B
Total assets Very large vs avg
3,272
Participants Above avg headcount
99th
Percentile by assets National rank
$426,247
Avg per participant High balance/head
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Official DOL plan name: Elevator Constructors Local 1 Annuity & 401(k) Fd Union Local No. 1 Annuity & 401(k) Fund · Sponsored by Bd of Tees of Elevator Constructors Union Local No. 1 Annuity & 401(k) F · New Jersey · Construction

$1.4B in assets, 3,272 participants

Bd of Tees of Elevator Constructors Union Local No. 1 Annuity & 401(k) F's Elevator Constructors Local 1 Annuity & 401(k) Fd Union Local No. 1 Annuity & 401(k) Fund reported $1.4B in total assets and 3,272 participants in its 2022 DOL Form 5500 filing, ranking in the 99th 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.

  • #9,856 in Construction (9,927 peers)

Coverage in New Jersey

Elevator Constructors Local 1 Annuity & 401(k) Fd Union Local No. 1 Annuity & 401(k) Fund covers 3,272 participants in New Jersey, 3.9x the typical New Jersey plan (state average ~844 per filing). Assets: $1.4B.

#9,856
in Construction (9,927 peers)
-9.0%
assets change YoY
14×
vs typical plan assets (national mean)

The plan reported a net loss of $137M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Elevator Constructors Local 1 Annuity & 401(k) Fd Union Local No. 1 Annuity & 401(k) Fund's outsized position by total assets

Elevator Constructors Local 1 Annuity & 401(k) Fd Union Local No. 1 Annuity & 401(k) Fund vs every filed plan by assets

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

$1,394,679,668 Top 1% higher than 99% 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

Elevator Constructors Local 1 Annuity & 401(k) Fd Union Local No. 1 Annuity & 401(k) 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. Elevator Constructors Local 1 Annuity & 401(k) Fd Union Local No. 1 Annuity & 401(k) Fund lands in the large band (3,272 participants).

Form 5500 schedule snapshot

Filing strip 516124191 · Bd of Tees of Elevator Constructors Union Local No. 1 Annuity & 401(k) F PY 2022 · 401(k)

Elevator Constructors Local 1 Annuity & 401(k) Fd Union Local No. 1 Annuity & 401(k) Fund · $1.4B · 3,272 · 99th

  • EBSA $1.4B
  • PART 3,272
  • TYPE 99th
  • NET 401(k)
  • BOOK near Teamsters-National 401(k) Savings Plan
  • VS-ST ind #9856

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 Jersey →

Elevator Constructors Local 1 Annuity & 401(k) Fd Union Local No. 1 Annuity & 401(k) Fund in the asset neighbourhood

Arcadis U.S., Inc. Retirement Savings PlanArcadis U.S., Inc. Retiremen…$1.4BPacificorp K Plus Employee Savings PlanPacificorp K Plus Employee S…$1.4BElevator Constructors Local 1 Annuity & 401(k) Fd Union Local No. 1 Annuity & 401(k) FundElevator Constructors Local …$1.4BTeamsters-National 401(k) Savings PlanTeamsters-National 401(k) Sa…$1.4BAptiv Salaried 401(k) Plan$1.4B
End-of-year total assets ($B) among Elevator Constructors Local 1 Annuity & 401(k) Fd Union Local No. 1 Annuity & 401(k) Fund and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

New Jersey filing particulars

Total Assets (Beginning of Year)$1.5B
Net Assets (End of Year)$1.4B
Net Income-$137M
Employer EIN516124191
Plan Effective Date1966-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Bd of Tees of Elevator Constructors Union Local No. 1 Annuity & 401(k) F)

Sponsor-wide plan assets over time

All Bd of Tees of Elevator Constructors Union Local No. 1 Annuity & 401(k) F plans reported in each filing year

Latest sponsor-wide plan assets
$1.7B 22.325487217183696% vs 2022
2024 filing year
$1.3B$1.4B$1.5B$1.6B$1.7B$1.8B 202220232024 $1.39B $1.71B ▲ +23.0%
Year Plans Participants Total Assets
2022 1 3,272 $1.4B
2023 1 3,298 $1.6B
2024 1 3,099 $1.7B

Nearby 401(k) Plans in New Jersey

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Elevator Constructors Local 1 Annuity & 401(k) Fd Union Local No. 1 Annuity & 401(k) Fund vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -10010203040 Total assets ($B) Participants Elevator Constructors Local 1 Annuity & 401(k) Fd Union Local No. 1 Annuity & 401(k) Fund, Total assets ($B): 1.394679668 · Participants: 3272Elevator Constructors Local 1 Annuity & 401(k) Fd Union Local No. 1 Annuity & 401(k) FundJPMorgan Chase 401(k) Savings Plan, Total assets ($B): 36.787229834 · Participants: 168280JPMorgan Chase 401(k) Savings PlanVerizon Savings Plan for Management Employees, Total assets ($B): 25.16607858 · Participants: 76788Verizon Savings Plan for Management EmployeesJohnson and Johnson Savings Plan, Total assets ($B): 21.189900271 · Participants: 43271Johnson and Johnson Savings PlanPfizer Savings Plan, Total assets ($B): 17.828820505 · Participants: 27796Pfizer Savings PlanErnst & Young Retirement Savings Plan, Total assets ($B): 12.40459021 · Participants: 52975Ernst & Young Retirement Savings Plan
Elevator Constructors Local 1 Annuity & 401(k) Fd Union Local No. 1 Annuity & 401(k) Fund vs. nearby 401(k) plans in New Jersey, assets vs. participants

Elevator Constructors Local 1 Annuity & 401(k) Fd Union Local No. 1 Annuity & 401(k) Fund's out-of-state 401(k) peers by assets and headcount

Outside New Jersey, the nearest 401(k) by assets is Teamsters-National 401(k) Savings Plan in PA ($1.4B); by covered participants it is Glacier Bancorp, Inc. Profit Sharing and 401(k) Plan in MT (3,272 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1.4B here).

Similar participant headcount

Nearest other-state filings by covered participants (3,272 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 Elevator Constructors Local 1 Annuity & 401(k) Fd Union Local No. 1 Annuity & 401(k) Fund assets move in 2022? ▼
Elevator Constructors Local 1 Annuity & 401(k) Fd Union Local No. 1 Annuity & 401(k) Fund pulled back noticeably - down 9.0% during 2022, from $1.5B to $1.4B. Reported net income was -$137M.
How have Bd of Tees of Elevator Constructors Union Local No. 1 Annuity & 401(k) F plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Bd of Tees of Elevator Constructors Union Local No. 1 Annuity & 401(k) F's sponsor-wide assets grew 22.3%, from $1.4B to $1.7B.
Where does Elevator Constructors Local 1 Annuity & 401(k) Fd Union Local No. 1 Annuity & 401(k) Fund rank by assets among Form 5500 filers? ▼
Elevator Constructors Local 1 Annuity & 401(k) Fd Union Local No. 1 Annuity & 401(k) Fund ranks in the 99th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Elevator Constructors Local 1 Annuity & 401(k) Fd Union Local No. 1 Annuity & 401(k) Fund? ▼
Among 401(k) plans in other states, the closest by assets is Teamsters-National 401(k) Savings Plan in PA ($1.4B, 162,104 participants).
Which 401(k) plans cover a similar participant headcount to Elevator Constructors Local 1 Annuity & 401(k) Fd Union Local No. 1 Annuity & 401(k) Fund? ▼
Among 401(k) plans in other states, the closest by covered participants is Glacier Bancorp, Inc. Profit Sharing and 401(k) Plan in MT (3,272 participants, $412M in assets).