Profit Sharing · DOL Form 5500 · 2023

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

Data updated 2026-08-25

$105M
Total assets Near avg plan size
1,297
Participants Near avg headcount
92nd
Percentile by assets National rank
$80,851
Avg per participant Below avg balance/head
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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.

  • #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.

#8,123
in Construction (9,030 peers)
+11.3%
assets growth YoY
1.1×
vs typical plan assets (national mean)

Building Trades Annuity Benefit Fund's outsized position by total assets

Building Trades Annuity Benefit Fund vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$104,863,317 Top 8% higher than 92% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Building Trades Annuity Benefit Fund'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. Building Trades Annuity Benefit Fund lands in the large band (1,297 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • 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 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 261140509 · The Building Industry Electrical Contractors Association, Inc. PY 2023 · Profit Sharing

Building Trades Annuity Benefit Fund · $105M · 1,297 · 92nd

  • EBSA $105M
  • PART 1,297
  • TYPE 92nd
  • NET Profit Sharing
  • BOOK near The Adena Health System Defined Contribution Plan
  • VS-ST ind #8123

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 York →

Building Trades Annuity Benefit Fund in the asset neighbourhood

Tuality Healthcare Performance Retirement Plan - 403(b)Tuality Healthcare Performan…$105MBuilding Trades Annuity Benefit FundBuilding Trades Annuity Bene…$105MThe Adena Health System Defined Contribution PlanThe Adena Health System Defi…$105MLarson Manufacturing Company Employee Profit Sharing PlanLarson Manufacturing Company…$105MKipp DC Retirement Plan$105M
End-of-year total assets ($M) among Building Trades Annuity Benefit Fund and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$94M
Net Assets (End of Year)$105M
Net Income$11M
Employer EIN261140509
Plan Effective Date1996-02-01
Filing StatusFILING RECEIVED

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

Sponsor-wide plan assets over time

All The Building Industry Electrical Contractors Association, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$353M 31.32103286674253% vs 2022
2024 filing year
$250M$300M$350M$400M 202220232024 $269M $353M ▲ +31.3%
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 Scatter plot of 6 data points. 05000100001500020000 -0.500.511.522.5 Total assets ($B) Participants Building Trades Annuity Benefit Fund, Total assets ($B): 0.104863317 · Participants: 1297Building Trades Annuity Benefit FundAnnuity Plan of the Electrical Industry, Total assets ($B): 2.210433172 · Participants: 18907Annuity Plan of the Electrical IndustryAnnuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIO, Total assets ($B): 1.870067356 · Participants: 3402Annuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIOAnnuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIO, Total assets ($B): 1.660408686 · Participants: 5807Annuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIOThe Research Foundation for Suny Retirement Plan, Total assets ($B): 1.177491602 · Participants: 10120The Research Foundation for Suny Retirement PlanMason Tenders District Council Annuity Fund, Total assets ($B): 0.912972009 · Participants: 11237Mason Tenders District Council Annuity Fund
Building Trades Annuity Benefit Fund vs. nearby Profit Sharing plans in New York, assets vs. participants

Building Trades Annuity Benefit Fund's out-of-state Profit Sharing peers by assets and headcount

Outside New York, the nearest Profit Sharing by assets is The Adena Health System Defined Contribution Plan in OH ($105M); by covered participants it is Abbvie Puerto Rico Savings Plan in IL (1,296 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,297 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

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).
Which Profit Sharing plans cover a similar participant headcount to Building Trades Annuity Benefit Fund? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Abbvie Puerto Rico Savings Plan in IL (1,296 participants, $499M in assets).