Profit Sharing · DOL Form 5500 · 2023
New York City Chapter of Nysarc Profit Sharing Plan
Data updated 2026-08-11
- $45M
- Total assets
- 495
- Participants
- 84th
- Percentile by assets
- $91,130
- Avg per participant
Official DOL plan name: Pension Plan for Direct Labor Employees · Sponsored by New York City Chapter of Nysarc · New York · Healthcare & Social Assistance
$45M in assets, 495 participants
New York City Chapter of Nysarc's Pension Plan for Direct Labor Employees reported $45M in total assets and 495 participants in its 2023 DOL Form 5500 filing, ranking in the 84th 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.
- 84th percentile by assets (of 127,072 plans)
- #15,343 in Healthcare & Social Assistance (17,684 peers)
Where Pension Plan for Direct Labor Employees sits by assets
Pension Plan for Direct Labor Employees sits in the top quartile of all filed plans by assets, $45M for 495 participants (~$91,130/participant), up 23.1% in 2023.
- $45M
- total plan assets (2023 EOY)
- 495
- covered participants
- 84th
- percentile by assets (of 127,072 plans)
- $91,130
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Pension Plan for Direct Labor Employees reported net income rose from -$2M in the plan year 2022 filing to $8M in the plan year 2023 filing.
- Pension Plan for Direct Labor Employees end-of-year assets rose from $37M in the plan year 2022 filing to $45M in the plan year 2023 filing.
- Pension Plan for Direct Labor Employees reported participants fell from 584 in the plan year 2022 filing to 495 in the plan year 2023 filing.
Pension Plan for Direct Labor Employees vs the 2023 asset distribution
By assets, Pension Plan for Direct Labor Employees outranks 84% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 0.5x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $37M |
|---|---|
| Net Assets (End of Year) | $45M |
| Net Income | $8M |
| Employer EIN | 135596746 |
| Plan Effective Date | 1999-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (New York City Chapter of Nysarc)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 3,981 | $37M |
| 2023 | 1 | 495 | $45M |
| 2024 | 1 | 431 | $50M |
Nearby Profit Sharing Plans in New York
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
Pension Plan for Direct Labor Employees vs. nearby Profit Sharing plans in New York, assets vs. participants
- Annuity Plan of the Electrical Industry $2.2B · 18,907
- Annuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIO $1.9B · 3,402
- Annuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIO $1.7B · 5,807
- The Research Foundation for Suny Retirement Plan $1.2B · 10,120
- Mason Tenders District Council Annuity Fund $913M · 11,237
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Pension Plan for Direct Labor Employees by total assets, not by location.
- Pma Retirement Savings Plan (PR) $45M · 88
- Whap PA Profit Sharing Plan (NC) $45M · N/A
- Bsa Lifestructures, Inc. 401(k) Plan (IN) $45M · 199
- Ledgewood Properties, Inc. Profit Sharing Plan (NJ) $45M · 4
Frequently Asked Questions
How did Pension Plan for Direct Labor Employees assets move in 2023? ▼
How have New York City Chapter of Nysarc plan assets changed over time? ▼
Where does Pension Plan for Direct Labor Employees rank by assets among Form 5500 filers? ▼
Which Profit Sharing plans are similar in size to Pension Plan for Direct Labor Employees? ▼
Next read for Pension Plan for Direct Labor Employees
Scale reading
Ways to act on Pension Plan for Direct Labor Employees's numbers.
- By total assets, Pension Plan for Direct Labor Employees 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 New York. Compare plans
- New York City Chapter of Nysarc's sponsor-wide assets have grown 37.3% since 2022 across 3 plan years on file. More Healthcare & Social Assistance plans