Profit Sharing · DOL Form 5500 · 2022

The Board of Trustees of the Food & Beverage Workers Union 23 & Emp. P Profit Sharing Plan

Data updated 2026-08-25

$37M
Total assets Below avg plan size
977
Participants Near avg headcount
85th
Percentile by assets National rank
$38,123
Avg per participant Low balance/head
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Official DOL plan name: Food & Beverage Workers Union Local 23 & Employers Pension Plan · Sponsored by The Board of Trustees of the Food & Beverage Workers Union 23 & Emp. P · Maryland · Food Services & Accommodation

$37M in assets, 977 participants

The Board of Trustees of the Food & Beverage Workers Union 23 & Emp. P's Food & Beverage Workers Union Local 23 & Employers Pension Plan reported $37M in total assets and 977 participants in its 2022 DOL Form 5500 filing, ranking in the 85th 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.

  • #4,428 in Food Services & Accommodation (4,592 peers)

Where Food & Beverage Workers Union Local 23 & Employers Pension Plan sits by assets

Food & Beverage Workers Union Local 23 & Employers Pension Plan sits in the top quartile of all filed plans by assets, $37M for 977 participants (~$38,123/participant), down 16.2% in 2022.

#4,428
in Food Services & Accommodation (4,592 peers)
-16.2%
assets change YoY
0.4×
vs typical plan assets (national mean)

The plan reported a net loss of $7M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Food & Beverage Workers Union Local 23 & Employers Pension Plan's outsized position by total assets

Food & Beverage Workers Union Local 23 & Employers Pension Plan vs every filed plan by assets

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

$37,245,709 Top 15% higher than 85% 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

Food & Beverage Workers Union Local 23 & Employers Pension Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Food & Beverage Workers Union Local 23 & Employers Pension Plan sits mid-pack in the medium band (977 participants).

Plan-year Form 5500 strip

Filing strip 521806724 · The Board of Trustees of the Food & Beverage Workers Union 23 & Emp. P PY 2022 · Profit Sharing

Food & Beverage Workers Union Local 23 & Employers Pension Plan · $37M · 977 · 85th

  • PHOTO $37M
  • IND 977
  • EOY 85th
  • 5500 Profit Sharing
  • ASSETS near Pma Retirement Savings Plan Retirement Plan
  • PCT ind #4428

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 Food Services & Accommodation retirement plans → · Plans in Maryland →

Food & Beverage Workers Union Local 23 & Employers Pension Plan in the asset neighbourhood

Food & Beverage Workers Union Local 23 & Employers Pension PlanFood & Beverage Workers Unio…$37MPma Retirement Savings Plan Retirement PlanPma Retirement Savings Plan …$37MRichmond University Medical Center Retirement Plan for Non-Union EmployeesRichmond University Medical …$37MBsa Lifestructures, Inc. 401(k) PlanBsa Lifestructures, Inc. 401…$37MLocal Union 373 U.a. Annuity FundLocal Union 373 U.a. Annuity…$37M
End-of-year total assets ($M) among Food & Beverage Workers Union Local 23 & Employers Pension Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$44M
Net Assets (End of Year)$37M
Net Income-$7M
Employer EIN521806724
Plan Effective Date1992-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Board of Trustees of the Food & Beverage Workers Union 23 & Emp. P)

Sponsor-wide plan assets over time

All The Board of Trustees of the Food & Beverage Workers Union 23 & Emp. P plans reported in each filing year

Latest sponsor-wide plan assets
$50M 33.89631809666987% vs 2022
2024 filing year
$35M$40M$45M$50M$55M 202220232024 $37.3M $49.9M ▲ +33.9%
Year Plans Participants Total Assets
2022 1 977 $37M
2023 1 1,680 $44M
2024 1 5,107 $50M

Nearby Profit Sharing Plans in Maryland

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

Food & Beverage Workers Union Local 23 & Employers Pension Plan vs. nearby Profit Sharing plans in Maryland, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -10123 Total assets ($B) Participants Food & Beverage Workers Union Local 23 & Employers Pension Plan, Total assets ($B): 0.037245709 · Participants: 977Food & Beverage Workers Union Local 23 & Employers Pension PlanSprinkler Industry Supplemental Pension Fund, Total assets ($B): 2.367120035 · Participants: 24528Sprinkler Industry Supplemental Pension FundNfl Player Annuity Program, Total assets ($B): 1.447690152 · Participants: 2781Nfl Player Annuity ProgramMajor League Baseball Players Investment Plan, Total assets ($B): 0.928043408 · Participants: 4122Major League Baseball Players Investment PlanInternational Painters and Allied Trades Industry Annuity Plan, Total assets ($B): 0.614140035 · Participants: 10013International Painters and Allied Trades Industry Annuity PlanNfl Player Capital Accumulation Plan, Total assets ($B): 0.459812851 · Participants: 2732Nfl Player Capital Accumulation Plan
Food & Beverage Workers Union Local 23 & Employers Pension Plan vs. nearby Profit Sharing plans in Maryland, assets vs. participants
Compare Food & Beverage Workers Union Local 23 & Employers Pension Plan side-by-side with 3 peers →

Food & Beverage Workers Union Local 23 & Employers Pension Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Maryland, the nearest Profit Sharing by assets is Pma Retirement Savings Plan Retirement Plan in PR ($37M); by covered participants it is Haynes and Boone Investment Directed Profit Sharing Plan in TX (977 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (977 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 Food & Beverage Workers Union Local 23 & Employers Pension Plan assets move in 2022? ▼
Food & Beverage Workers Union Local 23 & Employers Pension Plan declined sharply - down 16.2% during 2022, from $44M to $37M. Reported net income was -$7M.
How have The Board of Trustees of the Food & Beverage Workers Union 23 & Emp. P plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The Board of Trustees of the Food & Beverage Workers Union 23 & Emp. P's sponsor-wide assets grew 33.9%, from $37M to $50M.
Where does Food & Beverage Workers Union Local 23 & Employers Pension Plan rank by assets among Form 5500 filers? ▼
Food & Beverage Workers Union Local 23 & Employers Pension Plan ranks in the 85th 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 Food & Beverage Workers Union Local 23 & Employers Pension Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Pma Retirement Savings Plan Retirement Plan in PR ($37M, 84 participants).
Which Profit Sharing plans cover a similar participant headcount to Food & Beverage Workers Union Local 23 & Employers Pension Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Haynes and Boone Investment Directed Profit Sharing Plan in TX (977 participants, $225M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 521806724.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.