Profit Sharing · DOL Form 5500 · 2023
Board of Trustees Laborers Local 785 Defined Contribution Plan Profit Sharing Plan
Data updated 2026-08-25
- $36M
- Total assets Below avg plan size
- 566
- Participants Below avg headcount
- 82nd
- Percentile by assets National rank
- $64,018
- Avg per participant Low balance/head
Official DOL plan name: Laborers Local 785 Defined Contribution Plan · Sponsored by Board of Trustees Laborers Local 785 Defined Contribution Plan · New York · Construction
$36M in assets, 566 participants
Board of Trustees Laborers Local 785 Defined Contribution Plan's Laborers Local 785 Defined Contribution Plan reported $36M in total assets and 566 participants in its 2023 DOL Form 5500 filing, ranking in the 82nd 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.
- #7,238 in Construction (9,030 peers)
Where Laborers Local 785 Defined Contribution Plan sits by assets
Laborers Local 785 Defined Contribution Plan sits in the top quartile of all filed plans by assets, $36M for 566 participants (~$64,018/participant), up 13.2% in 2023.
- #7,238
- in Construction (9,030 peers)
- +13.2%
- assets growth YoY
- 0.4×
- vs typical plan assets (national mean)
Laborers Local 785 Defined Contribution Plan's outsized position by total assets
Laborers Local 785 Defined Contribution Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$36,234,260 Top 18% higher than 82% 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
Laborers Local 785 Defined Contribution Plan among mid-size filed plans by headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Laborers Local 785 Defined Contribution Plan sits mid-pack in the medium band (566 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Laborers Local 785 Defined Contribution Plan reported net income rose from -$5M in the plan year 2022 filing to $4M in the plan year 2023 filing.
- Laborers Local 785 Defined Contribution Plan reported participants rose from 484 in the plan year 2022 filing to 566 in the plan year 2023 filing.
- Laborers Local 785 Defined Contribution Plan end-of-year assets rose from $32M in the plan year 2022 filing to $36M in the plan year 2023 filing.
Form 5500 schedule snapshot
Filing strip 161605797 · Board of Trustees Laborers Local 785 Defined Contribution Plan PY 2023 · Profit Sharing
Laborers Local 785 Defined Contribution Plan · $36M · 566 · 82nd
- RANK $36M
- PHOTO 566
- IND 82nd
- EOY Profit Sharing
- 5500 near The Access Pooled Employer Plan - Series 1
- ASSETS ind #7238
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 →
Laborers Local 785 Defined Contribution Plan in the asset neighbourhood
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $32M |
|---|---|
| Net Assets (End of Year) | $36M |
| Net Income | $4M |
| Employer EIN | 161605797 |
| Plan Effective Date | 2001-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees Laborers Local 785 Defined Contribution Plan)
Sponsor-wide plan assets over time
All Board of Trustees Laborers Local 785 Defined Contribution Plan plans reported in each filing year
- Latest sponsor-wide plan assets
- $41M 26.722134164275126% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 484 | $32M |
| 2023 | 1 | 566 | $36M |
| 2024 | 1 | 544 | $41M |
Nearby Profit Sharing Plans in New York
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
- 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
Laborers Local 785 Defined Contribution Plan's out-of-state Profit Sharing peers by assets and headcount
Outside New York, the nearest Profit Sharing by assets is The Access Pooled Employer Plan - Series 1 in TX ($36M); by covered participants it is Plaza Provision Company Profit Sharing Plan in PR (563 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($36M here).
- The Access Pooled Employer Plan - Series 1 (TX) $36M · 3,333
- Marina Plon, M.D. Profit Sharing Plan & Trust (NV) $36M · 1
- Eclc of New Jersey Retirement Plan (NJ) $36M · 377
- Lewis Rice Kansas City Savings Plan (MO) $37M · 56
Similar participant headcount
Nearest other-state filings by covered participants (566 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.