401(k) · DOL Form 5500 · 2022

Board Directors of Profit Sharing & 401(k) Retirement Plan Local 567 401(k) Plan

Data updated 2026-08-25

$59M
Total assets Below avg plan size
638
Participants Below avg headcount
89th
Percentile by assets National rank
$92,457
Avg per participant Below avg balance/head
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Official DOL plan name: Profit Sharing & 401(k) Retirement Plan Local 567 · Sponsored by Board Directors of Profit Sharing & 401(k) Retirement Plan Local 567 · Maine · Construction

$59M in assets, 638 participants

Board Directors of Profit Sharing & 401(k) Retirement Plan Local 567's Profit Sharing & 401(k) Retirement Plan Local 567 reported $59M in total assets and 638 participants in its 2022 DOL Form 5500 filing, ranking in the 89th 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.

  • #8,691 in Construction (9,927 peers)

Where Profit Sharing & 401(k) Retirement Plan Local 567 sits by assets

Profit Sharing & 401(k) Retirement Plan Local 567 sits in the top quartile of all filed plans by assets, $59M for 638 participants (~$92,457/participant), down 8.0% in 2022.

#8,691
in Construction (9,927 peers)
-8.0%
assets change YoY
0.6×
vs typical plan assets (national mean)

The plan reported a net loss of $5M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Profit Sharing & 401(k) Retirement Plan Local 567's outsized position by total assets

Profit Sharing & 401(k) Retirement Plan Local 567 vs every filed plan by assets

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

$58,987,308 Top 11% higher than 89% 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

Profit Sharing & 401(k) Retirement Plan Local 567 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. Profit Sharing & 401(k) Retirement Plan Local 567 sits mid-pack in the medium band (638 participants).

Published 5500 schedule card

Filing strip 010439781 · Board Directors of Profit Sharing & 401(k) Retirement Plan Local 567 PY 2022 · 401(k)

Profit Sharing & 401(k) Retirement Plan Local 567 · $59M · 638 · 89th

  • SCH $59M
  • EBSA 638
  • PART 89th
  • TYPE 401(k)
  • NET near Wb Frozen US, LLC 401(k) Plan
  • BOOK ind #8691

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 Maine →

Profit Sharing & 401(k) Retirement Plan Local 567 in the asset neighbourhood

Profit Sharing & 401(k) Retirement Plan Local 567Profit Sharing & 401(k) Reti…$59MGrade a Market, Incorporated 401(k) PlanGrade a Market, Incorporated…$59MWb Frozen US, LLC 401(k) Plan$59MLytx, Inc. Retirement Savings 401(k) PlanLytx, Inc. Retirement Saving…$59MBakelite 401(k) Plan$59M
End-of-year total assets ($M) among Profit Sharing & 401(k) Retirement Plan Local 567 and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$64M
Net Assets (End of Year)$59M
Net Income-$5M
Employer EIN010439781
Plan Effective Date1981-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board Directors of Profit Sharing & 401(k) Retirement Plan Local 567)

Sponsor-wide plan assets over time

All Board Directors of Profit Sharing & 401(k) Retirement Plan Local 567 plans reported in each filing year

Latest sponsor-wide plan assets
$73M 22.923175270178458% vs 2022
2024 filing year
$55M$60M$65M$70M$75M 202220232024 $59M $72.5M ▲ +22.9%
Year Plans Participants Total Assets
2022 1 638 $59M
2023 1 401 $70M
2024 1 451 $73M

Nearby 401(k) Plans in Maine

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

Profit Sharing & 401(k) Retirement Plan Local 567 vs. nearby 401(k) plans in Maine, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -1012345 Total assets ($B) Participants Profit Sharing & 401(k) Retirement Plan Local 567, Total assets ($B): 0.058987308 · Participants: 638Profit Sharing & 401(k) Retirement Plan Local 567Td 401(k) Retirement Plan, Total assets ($B): 4.082814523 · Participants: 26725Td 401(k) Retirement PlanUnum Group 401(k) Retirement Plan, Total assets ($B): 1.823433108 · Participants: 9051Unum Group 401(k) Retirement PlanIdexx Retirement and Incentive Savings Plan, Total assets ($B): 0.833975444 · Participants: 6436Idexx Retirement and Incentive Savings PlanHannaford Bros. Co., LLC Retirement Savings Plan, Total assets ($B): 0.831539018 · Participants: 28776Hannaford Bros. Co., LLC Retirement Savings PlanThe Cianbro Team Equity Plan, Total assets ($B): 0.624114187 · Participants: 2575The Cianbro Team Equity Plan
Profit Sharing & 401(k) Retirement Plan Local 567 vs. nearby 401(k) plans in Maine, assets vs. participants

Profit Sharing & 401(k) Retirement Plan Local 567's out-of-state 401(k) peers by assets and headcount

Outside Maine, the nearest 401(k) by assets is Wb Frozen US, LLC 401(k) Plan in IN ($59M); by covered participants it is Anthony Timberlands, Inc. 401(k) Retirement Plan in AR (638 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($59M here).

Similar participant headcount

Nearest other-state filings by covered participants (638 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 Profit Sharing & 401(k) Retirement Plan Local 567 assets move in 2022?
Profit Sharing & 401(k) Retirement Plan Local 567 pulled back noticeably - down 8.0% during 2022, from $64M to $59M. Reported net income was -$5M.
How have Board Directors of Profit Sharing & 401(k) Retirement Plan Local 567 plan assets changed over time?
Across 3 plan years on file (2022-2024), Board Directors of Profit Sharing & 401(k) Retirement Plan Local 567's sponsor-wide assets grew 22.9%, from $59M to $73M.
Where does Profit Sharing & 401(k) Retirement Plan Local 567 rank by assets among Form 5500 filers?
Profit Sharing & 401(k) Retirement Plan Local 567 ranks in the 89th 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 401(k) plans are similar in size to Profit Sharing & 401(k) Retirement Plan Local 567?
Among 401(k) plans in other states, the closest by assets is Wb Frozen US, LLC 401(k) Plan in IN ($59M, 2,372 participants).
Which 401(k) plans cover a similar participant headcount to Profit Sharing & 401(k) Retirement Plan Local 567?
Among 401(k) plans in other states, the closest by covered participants is Anthony Timberlands, Inc. 401(k) Retirement Plan in AR (638 participants, $14M in assets).