Profit Sharing · DOL Form 5500 · 2023
Bd of Trustees Heavy & General Laborers' of Nj Annuity Fund Profit Sharing Plan
Data updated 2026-08-25
- $1.4B
- Total assets Very large vs avg
- 8,602
- Participants Very large workforce
- 99th
- Percentile by assets National rank
- $162,898
- Avg per participant Above avg balance/head
Official DOL plan name: Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan · Sponsored by Bd of Trustees Heavy & General Laborers' of Nj Annuity Fund · New Jersey · Construction
$1.4B in assets, 8,602 participants
Bd of Trustees Heavy & General Laborers' of Nj Annuity Fund's Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan reported $1.4B in total assets and 8,602 participants in its 2023 DOL Form 5500 filing, ranking in the 99th 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.
- #8,943 in Construction (9,030 peers)
Coverage in New Jersey
Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan covers 8,602 participants in New Jersey, 10x the typical New Jersey plan (state average ~844 per filing). Assets: $1.4B.
- #8,943
- in Construction (9,030 peers)
- +7.8%
- assets growth YoY
- 14×
- vs typical plan assets (national mean)
Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan's outsized position by total assets
Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$1,401,252,704 Top 1% higher than 99% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan's large-plan peer group by participant headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan lands in the large band (8,602 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan reported net income rose from -$161M in the plan year 2022 filing to $127M in the plan year 2023 filing.
- Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan end-of-year assets rose from $1.3B in the plan year 2022 filing to $1.4B in the plan year 2023 filing.
- Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan reported participants rose from 8,556 in the plan year 2022 filing to 8,602 in the plan year 2023 filing.
Published 5500 schedule card
Filing strip 222331070 · Bd of Trustees Heavy & General Laborers' of Nj Annuity Fund PY 2023 · Profit Sharing
Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan · $1.4B · 8,602 · 99th
- ASSETS $1.4B
- PCT 8,602
- EIN 99th
- RANK Profit Sharing
- PHOTO near Cleveland Clinic Investment Pension Plan
- IND ind #8943
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 New Jersey →
Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan in the asset neighbourhood
New Jersey filing particulars
| Total Assets (Beginning of Year) | $1.3B |
|---|---|
| Net Assets (End of Year) | $1.4B |
| Net Income | $127M |
| Employer EIN | 222331070 |
| Plan Effective Date | 1980-10-21 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Bd of Trustees Heavy & General Laborers' of Nj Annuity Fund)
Sponsor-wide plan assets over time
All Bd of Trustees Heavy & General Laborers' of Nj Annuity Fund plans reported in each filing year
- Latest sponsor-wide plan assets
- $1.6B 19.27094725800545% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 8,556 | $1.3B |
| 2023 | 1 | 8,602 | $1.4B |
| 2024 | 1 | 8,865 | $1.6B |
Nearby Profit Sharing Plans in New Jersey
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
- Ernst & Young Partnership Retirement (Hr-10) Plan $2.5B · 1,843
- Operating Engineers Local 825 Profit Sharing Fund $1.4B · 10,336
- IBEW Local Union No 102 Surety Plan $637M · 2,283
- Kpmg Partner Retirement Savings Plan $529M · 1,895
- Cooper Health System, Inc. Defined Contribution Retirement Plan $304M · 6,491
Scale composition for Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan
Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan reports $1.4B in end-of-year assets across 8,602 participants (0.011% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.009% of 93,925,755 covered participants) - about $162,898 per participant (1.2x the national average assets-per-participant) . Net income for plan year 2023 was $127M.
This plan identity (EIN 222331070, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.3B to $1.6B (+19.3%) while covered participants moved from 8,556 to 8,865 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 8,556 | $1.3B | Open filing |
| 2023 | 8,602 | $1.4B | This page |
| 2024 · index core | 8,865 | $1.6B | Open filing |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan (Profit Sharing, $1.6B, 8,865 participants)
Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan's out-of-state Profit Sharing peers by assets and headcount
Outside New Jersey, the nearest Profit Sharing by assets is Cleveland Clinic Investment Pension Plan in OH ($1.5B); by covered participants it is National Roofing Industry Supplemental Pension Plan in MN (8,531 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($1.4B here).
- Cleveland Clinic Investment Pension Plan (OH) $1.5B · 48,582
- Memorialcare Retirement Plan (CA) $1.3B · 4,728
- H-E-B Partner Stock Plan (TX) $1.3B · 96,911
- The Northwestern Mutual Life Insurance Company Agents Persistency Fee Guarantee Fund (WI) $1.3B · 5,914
Similar participant headcount
Nearest other-state filings by covered participants (8,602 participants); asset peers above are excluded.
- National Roofing Industry Supplemental Pension Plan (MN) 8,531 · 71 off
- Annuity Fund of Operating Engineers Local 513 (MO) 8,814 · 212 off
- Ufcw Local 342 Savings and 401(k) Plan (NY) 8,288 · 314 off
- Popular, Inc. Pr Savings and Investment Plan (PR) 8,134 · 468 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.