Profit Sharing · DOL Form 5500 · 2023

Bd of Trustees Nj Building Laborers Statewide Annuity Fund Profit Sharing Plan

Data updated 2026-08-11

$233M
Total assets
7,335
Participants
95th
Percentile by assets
$31,728
Avg per participant
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Official DOL plan name: New Jersey Building Laborers Statewide Annuity Fund · Sponsored by Bd of Trustees Nj Building Laborers Statewide Annuity Fund · New Jersey · Construction

$233M in assets, 7,335 participants

Bd of Trustees Nj Building Laborers Statewide Annuity Fund's New Jersey Building Laborers Statewide Annuity Fund reported $233M in total assets and 7,335 participants in its 2023 DOL Form 5500 filing, ranking in the 95th 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.

  • 95th percentile by assets (of 127,072 plans)
  • #8,528 in Construction (9,030 peers)

Coverage in New Jersey

New Jersey Building Laborers Statewide Annuity Fund covers 7,335 participants in New Jersey, 8.7x the typical New Jersey plan (state average ~844 per filing). Assets: $233M.

$233M
total plan assets (2023 EOY)
7,335
covered participants
95th
percentile by assets (of 127,072 plans)
$31,728
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • New Jersey Building Laborers Statewide Annuity Fund reported net income rose from -$22M in the plan year 2022 filing to $19M in the plan year 2023 filing.
  • New Jersey Building Laborers Statewide Annuity Fund end-of-year assets rose from $214M in the plan year 2022 filing to $233M in the plan year 2023 filing.
  • New Jersey Building Laborers Statewide Annuity Fund reported participants rose from 7,223 in the plan year 2022 filing to 7,335 in the plan year 2023 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs New Jersey filers

In New Jersey, the average filing covers about 844 participants across 4,145 plans. New Jersey Building Laborers Statewide Annuity Fund reports 7,335 participants - 8.7x that state average ($233M EOY assets).

New Jersey filing particulars

Total Assets (Beginning of Year)$214M
Net Assets (End of Year)$229M
Net Income$19M
Employer EIN222450453
Plan Effective Date1983-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Bd of Trustees Nj Building Laborers Statewide Annuity Fund)

$200M$220M$240M$260M 202220232024 $214M $248M ▲ +16.0%
Total plan assets by year, all Bd of Trustees Nj Building Laborers Statewide Annuity Fund plans on file
Year Plans Participants Total Assets
2022 1 7,223 $214M
2023 1 7,335 $233M
2024 1 7,247 $248M

Nearby Profit Sharing Plans in New Jersey

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

New Jersey Building Laborers Statewide Annuity Fund vs. nearby Profit Sharing plans in New Jersey, assets vs. participants

New Jersey Building Laborers Statewide Annuity Fund vs. nearby Profit Sharing plans in New Jersey, assets vs. participants Scatter plot of 6 data points. 020004000600080001000012000 00.511.522.53 Total assets ($B) Participants New Jersey Building …Ernst & Young Partne…Operating Engineers …Heavy & General Labo…IBEW Local Union No …Kpmg Partner Retirem…
New Jersey Building Laborers Statewide Annuity Fund vs. nearby Profit Sharing plans in New Jersey, assets vs. participants

Scale composition for New Jersey Building Laborers Statewide Annuity Fund

New Jersey Building Laborers Statewide Annuity Fund reports $233M in end-of-year assets across 7,335 participants (0.002% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.008% of 93,925,755 covered participants) - about $31,728 per participant (23% of the national average assets-per-participant) . Net income for plan year 2023 was $19M.

This plan identity (EIN 222450453, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $214M to $248M (+16.1%) while covered participants moved from 7,223 to 7,247 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 7,223 $214M Open filing
2023 7,335 $233M This page
2024 · index core 7,247 $248M Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to New Jersey Building Laborers Statewide Annuity Fund by total assets, not by location.

Frequently Asked Questions

How did New Jersey Building Laborers Statewide Annuity Fund assets move in 2023?
New Jersey Building Laborers Statewide Annuity Fund grew at a solid clip - up 8.7% during 2023, from $214M to $233M. Reported net income was $19M.
How have Bd of Trustees Nj Building Laborers Statewide Annuity Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Bd of Trustees Nj Building Laborers Statewide Annuity Fund's sponsor-wide assets grew 16.1%, from $214M to $248M.
Where does New Jersey Building Laborers Statewide Annuity Fund rank by assets among Form 5500 filers?
New Jersey Building Laborers Statewide Annuity Fund ranks in the 95th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which Profit Sharing plans are similar in size to New Jersey Building Laborers Statewide Annuity Fund?
Among Profit Sharing plans in other states, the closest by assets is Cc Industries and Affiliates Profit Sharing Plan for Salaried Employees in IL ($233M, 309 participants).

Next read for New Jersey Building Laborers Statewide A…

Filing takeaways

Ways to act on New Jersey Building Laborers Statewide Annuity Fund's numbers.

  • By total assets, New Jersey Building Laborers Statewide Annuity Fund ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Profit Sharing plans in New Jersey. Compare plans
  • Bd of Trustees Nj Building Laborers Statewide Annuity Fund's sponsor-wide assets have grown 16.1% since 2022 across 3 plan years on file. More Construction plans