Profit Sharing · DOL Form 5500 · 2023
Board of Trustees Asbestos Workers Local No. 87 Defined Contribution P Profit Sharing Plan
Data updated 2026-08-25
- $25M
- Total assets Below avg plan size
- 451
- Participants Below avg headcount
- 77th
- Percentile by assets National rank
- $56,000
- Avg per participant Low balance/head
Official DOL plan name: Asbestos Workers Local No. 87 Defined Contribution Plan · Sponsored by Board of Trustees Asbestos Workers Local No. 87 Defined Contribution P · Texas · Construction
$25M in assets, 451 participants
Board of Trustees Asbestos Workers Local No. 87 Defined Contribution P's Asbestos Workers Local No. 87 Defined Contribution Plan reported $25M in total assets and 451 participants in its 2023 DOL Form 5500 filing, ranking in the 77th 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.
- #6,785 in Construction (9,030 peers)
Where Asbestos Workers Local No. 87 Defined Contribution Plan sits by assets
Asbestos Workers Local No. 87 Defined Contribution Plan sits in the top quartile of all filed plans by assets, $25M for 451 participants (~$56,000/participant), up 16.6% in 2023.
- #6,785
- in Construction (9,030 peers)
- +16.6%
- assets growth YoY
- 0.3×
- vs typical plan assets (national mean)
Asbestos Workers Local No. 87 Defined Contribution Plan's outsized position by total assets
Asbestos Workers Local No. 87 Defined Contribution Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$25,255,958 Top 23% higher than 77% 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
Asbestos Workers Local No. 87 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. Asbestos Workers Local No. 87 Defined Contribution Plan sits mid-pack in the medium band (451 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Asbestos Workers Local No. 87 Defined Contribution Plan reported net income rose from -$3M in the plan year 2022 filing to $4M in the plan year 2023 filing.
- Asbestos Workers Local No. 87 Defined Contribution Plan end-of-year assets rose from $22M in the plan year 2022 filing to $25M in the plan year 2023 filing.
- Asbestos Workers Local No. 87 Defined Contribution Plan reported participants fell from 477 in the plan year 2022 filing to 451 in the plan year 2023 filing.
Plan-year Form 5500 strip
Filing strip 741069448 · Board of Trustees Asbestos Workers Local No. 87 Defined Contribution P PY 2023 · Profit Sharing
Asbestos Workers Local No. 87 Defined Contribution Plan · $25M · 451 · 77th
- PCT $25M
- PCT 451
- PCT 77th
- PCT Profit Sharing
- PCT near J Hansen-Balk Steel Treating Co. Profit Sharing Plan & Trust
- PCT ind #6785
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 Texas →
Asbestos Workers Local No. 87 Defined Contribution Plan in the asset neighbourhood
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $22M |
|---|---|
| Net Assets (End of Year) | $25M |
| Net Income | $4M |
| Employer EIN | 741069448 |
| Plan Effective Date | 1989-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees Asbestos Workers Local No. 87 Defined Contribution P)
Sponsor-wide plan assets over time
All Board of Trustees Asbestos Workers Local No. 87 Defined Contribution P plans reported in each filing year
- Latest sponsor-wide plan assets
- $29M 31.867571907000393% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 477 | $22M |
| 2023 | 1 | 451 | $25M |
| 2024 | 1 | 97 | $29M |
Nearby Profit Sharing Plans in Texas
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
- Southwest Airlines Co. Profitsharing Plan $5.8B · 71,461
- Baylor College of Medicine Retirement Plan $1.7B · 10,240
- H-E-B Partner Stock Plan $1.3B · 96,911
- The Defined Contribution Plan of the Methodist Hospital $923M · 29,678
- American Heart Association, Inc. Qualified Retirement Plan $457M · 3,455
Asbestos Workers Local No. 87 Defined Contribution Plan's out-of-state Profit Sharing peers by assets and headcount
Outside Texas, the nearest Profit Sharing by assets is J Hansen-Balk Steel Treating Co. Profit Sharing Plan & Trust in MI ($25M); by covered participants it is Mercy Corps 403(b) Plan in OR (451 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($25M here).
Similar participant headcount
Nearest other-state filings by covered participants (451 participants); asset peers above are excluded.
- Mercy Corps 403(b) Plan (OR) 451 · 0 off
- Jasmine Vineyards, Inc. Profit Sharing Plan (CA) 451 · 0 off
- Champlain College Defined Contribution Retirement Plan (VT) 450 · 1 off
- Dunwoody Village 403(b)Plan (PA) 450 · 1 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.