Profit Sharing · DOL Form 5500 · 2022
The Board of Trustees of the Food & Beverage Workers Union 23 & Emp. P Profit Sharing Plan
Data updated 2026-08-11
- $37M
- Total assets
- 977
- Participants
- 85th
- Percentile by assets
- $38,123
- Avg per participant
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.
- 85th percentile by assets (of 139,126 plans)
- #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.
- $37M
- total plan assets (2022 EOY)
- 977
- covered participants
- 85th
- percentile by assets (of 139,126 plans)
- $38,123
- avg assets per participant
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 vs the 2022 asset distribution
By assets, Food & Beverage Workers Union Local 23 & Employers Pension Plan outranks 85% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.4x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $44M |
|---|---|
| Net Assets (End of Year) | $37M |
| Net Income | -$7M |
| Employer EIN | 521806724 |
| Plan Effective Date | 1992-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (The Board of Trustees of the Food & Beverage Workers Union 23 & Emp. P)
| 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
- Sprinkler Industry Supplemental Pension Fund $2.4B · 24,528
- Nfl Player Annuity Program $1.4B · 2,781
- Major League Baseball Players Investment Plan $928M · 4,122
- International Painters and Allied Trades Industry Annuity Plan $614M · 10,013
- Nfl Player Capital Accumulation Plan $460M · 2,732
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Food & Beverage Workers Union Local 23 & Employers Pension Plan by total assets, not by location.
Frequently Asked Questions
How did Food & Beverage Workers Union Local 23 & Employers Pension Plan assets move in 2022? ▼
How have The Board of Trustees of the Food & Beverage Workers Union 23 & Emp. P plan assets changed over time? ▼
Where does Food & Beverage Workers Union Local 23 & Employers Pension Plan rank by assets among Form 5500 filers? ▼
Which Profit Sharing plans are similar in size to Food & Beverage Workers Union Local 23 & Employers Pension Plan? ▼
Next read for Food & Beverage Workers Union Local 23 &…
Scale reading
Ways to act on Food & Beverage Workers Union Local 23 & Employers Pension Plan's numbers.
- By total assets, Food & Beverage Workers Union Local 23 & Employers Pension Plan 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 Maryland. Compare plans
- The Board of Trustees of the Food & Beverage Workers Union 23 & Emp. P's sponsor-wide assets have grown 33.9% since 2022 across 3 plan years on file. More Food Services & Accommodation plans