Money Purchase · DOL Form 5500 · 2022
Board of Trustees Local 1298 Annuity Fund Money Purchase Plan
Data updated 2026-08-06
- $250M
- Total assets
- 1,488
- Participants
- 96th
- Percentile by assets
- $168,296
- Avg per participant
Official DOL plan name: Laborers Local 1298 of Nassau & Suffolk Counties Annuity Fund · Sponsored by Board of Trustees Local 1298 Annuity Fund · New York · Construction
$250M in assets, 1,488 participants
Board of Trustees Local 1298 Annuity Fund's Laborers Local 1298 of Nassau & Suffolk Counties Annuity Fund reported $250M in total assets and 1,488 participants in its 2022 DOL Form 5500 filing, ranking in the 96th 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.
- 96th percentile by assets (of 139,258 plans)
- #9,509 in Construction (9,938 peers)
Where Laborers Local 1298 of Nassau & Suffolk Counties Annuity Fund sits by assets
Laborers Local 1298 of Nassau & Suffolk Counties Annuity Fund sits in the top 5% of all filed plans by assets, $250M for 1,488 participants (~$168,296/participant), up 3.8% in 2022.
- $250M
- total plan assets (2022 EOY)
- 1,488
- covered participants
- 96th
- percentile by assets (of 139,258 plans)
- $168,296
- avg assets per participant
Laborers Local 1298 of Nassau & Suffolk Counties Annuity Fund vs the 2022 asset distribution
By assets, Laborers Local 1298 of Nassau & Suffolk Counties Annuity Fund outranks 96% of the 139,258 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 2.5x the national average plan size of $100M (730 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $241M |
|---|---|
| Net Assets (End of Year) | $250M |
| Net Income | $10M |
| Employer EIN | 112911064 |
| Plan Effective Date | 1988-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees Local 1298 Annuity Fund)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 1,488 | $250M |
| 2023 | 1 | 1,482 | $269M |
Nearby Money Purchase Plans in New York
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
Laborers Local 1298 of Nassau & Suffolk Counties Annuity Fund vs. nearby Money Purchase plans in New York, assets vs. participants
- Tiaa Retirement Plan $4.5B · 11,825
- Young Men's Christian Association Retirement Fund Retirement Plan $3.6B · 42,922
- McKinsey & Company, Inc. (Mppp) Money Purchase Pension Plan $1.7B · 11,845
- Brookhaven Science Associates, LLC Retirement Plan $1.3B · 2,436
- Iron Workers Locals 40,361, & 417 Annuity Fund $1.1B · 5,068
Similar-Sized Money Purchase Plans Nationally
Money Purchase plans in other states closest to Laborers Local 1298 of Nassau & Suffolk Counties Annuity Fund by total assets, not by location.
- Local Union 400 IBEW Joint Annuity Plan (NJ) $250M · 677
- Stationary Engineers Local 39 Annuity Trust Fund (CA) $249M · 6,023
- IBEW Local Union No. 22/NECA Defined Contribution Pension Fund, Plan B (NE) $252M · 3,047
- Sacramento Area Electrical Workers Pension and Profit Sharing Plan (CA) $253M · 1,137
Frequently Asked Questions
How did Laborers Local 1298 of Nassau & Suffolk Counties Annuity Fund assets move in 2022? ▼
How have Board of Trustees Local 1298 Annuity Fund plan assets changed over time? ▼
Where does Laborers Local 1298 of Nassau & Suffolk Counties Annuity Fund rank by assets among Form 5500 filers? ▼
Which Money Purchase plans are similar in size to Laborers Local 1298 of Nassau & Suffolk Counties Annuity Fund? ▼
Next read for Laborers Local 1298 of Nassau & Suffolk …
Scale reading
Ways to act on Laborers Local 1298 of Nassau & Suffolk Counties Annuity Fund's numbers.
- By total assets, Laborers Local 1298 of Nassau & Suffolk Counties Annuity Fund ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Money Purchase plans in New York. Compare plans
- Board of Trustees Local 1298 Annuity Fund's sponsor-wide assets have grown 7.5% since 2022 across 2 plan years on file. More Construction plans