Profit Sharing · DOL Form 5500 · 2023

Board of Trustees Iuoe Local 57 Profit Sharing Plan

Data updated 2026-08-11

$132M
Total assets
938
Participants
93rd
Percentile by assets
$140,607
Avg per participant
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Official DOL plan name: Iuoe Local 57 Annuity Plan · Sponsored by Board of Trustees Iuoe Local 57 · Rhode Island · Construction

$132M in assets, 938 participants

Board of Trustees Iuoe Local 57's Iuoe Local 57 Annuity Plan reported $132M in total assets and 938 participants in its 2023 DOL Form 5500 filing, ranking in the 93rd 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.

  • 93rd percentile by assets (of 127,072 plans)
  • #8,252 in Construction (9,030 peers)

Where Iuoe Local 57 Annuity Plan sits by assets

Iuoe Local 57 Annuity Plan sits in the top 10% of all filed plans by assets, $132M for 938 participants (~$140,607/participant), up 10.3% in 2023.

$132M
total plan assets (2023 EOY)
938
covered participants
93rd
percentile by assets (of 127,072 plans)
$140,607
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Iuoe Local 57 Annuity Plan reported net income rose from -$14M in the plan year 2022 filing to $12M in the plan year 2023 filing.
  • Iuoe Local 57 Annuity Plan end-of-year assets rose from $120M in the plan year 2022 filing to $132M in the plan year 2023 filing.
  • Iuoe Local 57 Annuity Plan reported participants rose from 871 in the plan year 2022 filing to 938 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Iuoe Local 57 Annuity Plan vs the 2023 asset distribution

By assets, Iuoe Local 57 Annuity Plan outranks 93% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 1.3x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$120M
Net Assets (End of Year)$132M
Net Income$12M
Employer EIN050446832
Plan Effective Date1989-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees Iuoe Local 57)

$110M$120M$130M$140M$150M 202220232024 $120M $146M ▲ +22.0%
Total plan assets by year, all Board of Trustees Iuoe Local 57 plans on file
Year Plans Participants Total Assets
2022 1 871 $120M
2023 1 938 $132M
2024 1 948 $146M

Nearby Profit Sharing Plans in Rhode Island

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

Iuoe Local 57 Annuity Plan vs. nearby Profit Sharing plans in Rhode Island, assets vs. participants

Iuoe Local 57 Annuity Plan vs. nearby Profit Sharing plans in Rhode Island, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -2000200400600 Total assets ($M) Participants Iuoe Local 57 Annuit…Care New England 403…Textron Retirement A…Brown Physicians, In…International Brothe…Meeting Street Retir…
Iuoe Local 57 Annuity Plan vs. nearby Profit Sharing plans in Rhode Island, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Iuoe Local 57 Annuity Plan by total assets, not by location.

Frequently Asked Questions

How did Iuoe Local 57 Annuity Plan assets move in 2023?
Iuoe Local 57 Annuity Plan grew at a solid clip - up 10.3% during 2023, from $120M to $132M. Reported net income was $12M.
How have Board of Trustees Iuoe Local 57 plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees Iuoe Local 57's sponsor-wide assets grew 22.0%, from $120M to $146M.
Where does Iuoe Local 57 Annuity Plan rank by assets among Form 5500 filers?
Iuoe Local 57 Annuity Plan ranks in the 93rd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which Profit Sharing plans are similar in size to Iuoe Local 57 Annuity Plan?
Among Profit Sharing plans in other states, the closest by assets is Gbmc, Inc. 401(a) Defined Contribution Plan in MD ($132M, 4,218 participants).

Scale reading

Ways to act on Iuoe Local 57 Annuity Plan's numbers.

  • By total assets, Iuoe Local 57 Annuity Plan ranks in the top 10% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Profit Sharing plans in Rhode Island. Compare plans
  • Board of Trustees Iuoe Local 57's sponsor-wide assets have grown 22.0% since 2022 across 3 plan years on file. More Construction plans