Profit Sharing · DOL Form 5500 · 2023

The Building Industry Electrical Contractors Association, Inc. Profit Sharing Plan

Data updated 2026-08-11

$105M
Total assets: 1,297
Participants: 92nd
Percentile by assets: $80,851
Avg per participant

Official DOL plan name: Building Trades Annuity Benefit Fund · Sponsored by The Building Industry Electrical Contractors Association, Inc. · New York · Construction

$105M in assets, 1,297 participants

The Building Industry Electrical Contractors Association, Inc.'s Building Trades Annuity Benefit Fund reported $105M in total assets and 1,297 participants in its 2023 DOL Form 5500 filing, ranking in the 92nd 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.

92nd percentile by assets (of 127,072 plans)
#8,123 in Construction (9,030 peers)

Where Building Trades Annuity Benefit Fund sits by assets

Building Trades Annuity Benefit Fund sits in the top 10% of all filed plans by assets, $105M for 1,297 participants (~$80,851/participant), up 11.3% in 2023.

$105M
total plan assets (2023 EOY): 1,297
covered participants: 92nd
percentile by assets (of 127,072 plans): $80,851
avg assets per participant

Building Trades Annuity Benefit Fund reported net income rose from -$7M in the plan year 2022 filing to $11M in the plan year 2023 filing.
Building Trades Annuity Benefit Fund reported participants fell from 1,756 in the plan year 2022 filing to 1,297 in the plan year 2023 filing.
Building Trades Annuity Benefit Fund end-of-year assets rose from $94M in the plan year 2022 filing to $105M in the plan year 2023 filing.

See the national 2023→2024 release diff →

State

New York

Industry

Construction

Building Trades Annuity Benefit Fund vs the 2023 asset distribution

By assets, Building Trades Annuity Benefit Fund outranks 92% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 1.1x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)	$94M
Net Assets (End of Year)	$105M
Net Income	$11M
Employer EIN	261140509
Plan Effective Date	1996-02-01
Filing Status	FILING RECEIVED

Sponsor Plan History (The Building Industry Electrical Contractors Association, Inc.)

Total plan assets by year, all The Building Industry Electrical Contractors Association, Inc. plans on file

Year	Plans	Participants	Total Assets
2022	2	3,353	$269M
2023	2	2,265	$309M
2024	2	1,688	$353M

Nearby Profit Sharing Plans in New York

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

Building Trades Annuity Benefit Fund 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

Compare Building Trades Annuity Benefit Fund side-by-side with 3 peers →

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Building Trades Annuity Benefit Fund by total assets, not by location.

The Adena Health System Defined Contribution Plan (OH) $105M · 3,166
Larson Manufacturing Company Employee Profit Sharing Plan (IL) $105M · 405
Kipp DC Retirement Plan (DC) $105M · 1,300
Tuality Healthcare Performance Retirement Plan - 403(b) (OR) $105M · 1,300

Frequently Asked Questions

How did Building Trades Annuity Benefit Fund assets move in 2023? ▼

Building Trades Annuity Benefit Fund grew at a solid clip - up 11.3% during 2023, from $94M to $105M. Reported net income was $11M.

How have The Building Industry Electrical Contractors Association, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), The Building Industry Electrical Contractors Association, Inc.'s sponsor-wide assets grew 31.3%, from $269M to $353M.

Where does Building Trades Annuity Benefit Fund rank by assets among Form 5500 filers? ▼

Building Trades Annuity Benefit Fund ranks in the 92nd 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 Building Trades Annuity Benefit Fund? ▼

Among Profit Sharing plans in other states, the closest by assets is The Adena Health System Defined Contribution Plan in OH ($105M, 3,166 participants).

Next read for Building Trades Annuity Benefit Fund

Scale reading

Ways to act on Building Trades Annuity Benefit Fund's numbers.

By total assets, Building Trades Annuity Benefit Fund 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 New York. Compare plans
The Building Industry Electrical Contractors Association, Inc.'s sponsor-wide assets have grown 31.3% since 2022 across 3 plan years on file. More Construction plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 261140509.