Profit Sharing · DOL Form 5500 · 2022

Board of Trustees Laborers Local 231 Annuity Fund Profit Sharing Plan

Data updated 2026-08-11

$32M
Total assets
711
Participants
84th
Percentile by assets
$45,207
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Laborers Local 231 Annuity Fund · Sponsored by Board of Trustees Laborers Local 231 Annuity Fund · Illinois · Construction

$32M in assets, 711 participants

Board of Trustees Laborers Local 231 Annuity Fund's Laborers Local 231 Annuity Fund reported $32M in total assets and 711 participants in its 2022 DOL Form 5500 filing, ranking in the 84th 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.

  • 84th percentile by assets (of 139,126 plans)
  • #8,185 in Construction (9,927 peers)

Where Laborers Local 231 Annuity Fund sits by assets

Laborers Local 231 Annuity Fund sits in the top quartile of all filed plans by assets, $32M for 711 participants (~$45,207/participant), up 9.6% in 2022.

$32M
total plan assets (2022 EOY)
711
covered participants
84th
percentile by assets (of 139,126 plans)
$45,207
avg assets per participant
State
Industry

Laborers Local 231 Annuity Fund vs the 2022 asset distribution

By assets, Laborers Local 231 Annuity Fund outranks 84% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.3x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$29M
Net Assets (End of Year)$32M
Net Income$3M
Employer EIN371230607
Plan Effective Date1988-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees Laborers Local 231 Annuity Fund)

$30M$35M$40M$45M 202220232024 $32.1M $40.7M ▲ +26.8%
Total plan assets by year, all Board of Trustees Laborers Local 231 Annuity Fund plans on file
Year Plans Participants Total Assets
2022 1 711 $32M
2023 1 745 $35M
2024 1 766 $41M

Nearby Profit Sharing Plans in Illinois

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Laborers Local 231 Annuity Fund vs. nearby Profit Sharing plans in Illinois, assets vs. participants

Laborers Local 231 Annuity Fund vs. nearby Profit Sharing plans in Illinois, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 -101234 Total assets ($B) Participants Laborers Local 231 A…W. W. Grainger, Inc.…Electrical Contracto…Mcmaster-Carr Supply…Mid-America Carpente…Accenture United Sta…
Laborers Local 231 Annuity Fund vs. nearby Profit Sharing plans in Illinois, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Laborers Local 231 Annuity Fund by total assets, not by location.

Frequently Asked Questions

How did Laborers Local 231 Annuity Fund assets move in 2022?
Laborers Local 231 Annuity Fund grew at a solid clip - up 9.6% during 2022, from $29M to $32M. Reported net income was $3M.
How have Board of Trustees Laborers Local 231 Annuity Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees Laborers Local 231 Annuity Fund's sponsor-wide assets grew 26.7%, from $32M to $41M.
Where does Laborers Local 231 Annuity Fund rank by assets among Form 5500 filers?
Laborers Local 231 Annuity Fund ranks in the 84th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which Profit Sharing plans are similar in size to Laborers Local 231 Annuity Fund?
Among Profit Sharing plans in other states, the closest by assets is Laborers Local 785 Defined Contribution Plan in NY ($32M, 484 participants).

Next read for Laborers Local 231 Annuity Fund

Scale reading

Ways to act on Laborers Local 231 Annuity Fund's numbers.

  • By total assets, Laborers Local 231 Annuity Fund 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 Illinois. Compare plans
  • Board of Trustees Laborers Local 231 Annuity Fund's sponsor-wide assets have grown 26.7% since 2022 across 3 plan years on file. More Construction plans