Profit Sharing · DOL Form 5500 · 2023

Bac Local 5 New York Annuity Plan Profit Sharing Plan

Data updated 2026-08-25

$23M
Total assets Small plan by assets
1,438
Participants Near avg headcount
75th
Percentile by assets National rank
$15,778
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Bac Local 5 New York Annuity Plan · Sponsored by Bac Local 5 New York Annuity Plan · New York · Construction

$23M in assets, 1,438 participants

Bac Local 5 New York Annuity Plan's Bac Local 5 New York Annuity Plan reported $23M in total assets and 1,438 participants in its 2023 DOL Form 5500 filing, ranking in the 75th 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.

  • #6,640 in Construction (9,030 peers)

Where Bac Local 5 New York Annuity Plan sits by assets

Bac Local 5 New York Annuity Plan sits in the top quartile of all filed plans by assets, $23M for 1,438 participants (~$15,778/participant), up 14.1% in 2023.

#6,640
in Construction (9,030 peers)
+14.1%
assets growth YoY
0.2×
vs typical plan assets (national mean)

Bac Local 5 New York Annuity Plan's outsized position by total assets

Bac Local 5 New York Annuity Plan vs every filed plan by assets

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

$22,688,397 Top 25% higher than 75% 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

Bac Local 5 New York Annuity Plan'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. Bac Local 5 New York Annuity Plan lands in the large band (1,438 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Bac Local 5 New York Annuity Plan reported net income rose from -$5M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Bac Local 5 New York Annuity Plan end-of-year assets rose from $20M in the plan year 2022 filing to $23M in the plan year 2023 filing.
  • Bac Local 5 New York Annuity Plan reported participants rose from 1,356 in the plan year 2022 filing to 1,438 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 237107109 · Bac Local 5 New York Annuity Plan PY 2023 · Profit Sharing

Bac Local 5 New York Annuity Plan · $23M · 1,438 · 75th

  • EBSA $23M
  • EBSA 1,438
  • EBSA 75th
  • EBSA Profit Sharing
  • EBSA near National Trust for Historic Preservation in the US 403(b) Plan
  • EBSA ind #6640

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 →

Bac Local 5 New York Annuity Plan in the asset neighbourhood

Hubbell Caribe, Inc. Employees' Retirement PlanHubbell Caribe, Inc. Employe…$23MBac Local 5 New York Annuity PlanBac Local 5 New York Annuity…$23MNational Trust for Historic Preservation in the US 403(b) PlanNational Trust for Historic …$23MFrancis Realty Inc Profit Sharing PlanFrancis Realty Inc Profit Sh…$23MComposition Roofers #4 Annuity FundComposition Roofers #4 Annui…$23M
End-of-year total assets ($M) among Bac Local 5 New York Annuity Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$20M
Net Assets (End of Year)$23M
Net Income$3M
Employer EIN237107109
Plan Effective Date1971-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Bac Local 5 New York Annuity Plan)

Sponsor-wide plan assets over time

All Bac Local 5 New York Annuity Plan plans reported in each filing year

Latest sponsor-wide plan assets
$25M 27.51543348270497% vs 2022
2024 filing year
$18M$20M$22M$24M$26M 202220232024 $19.9M $25.4M ▲ +27.6%
Year Plans Participants Total Assets
2022 1 1,356 $20M
2023 1 1,438 $23M
2024 1 1,431 $25M

Nearby Profit Sharing Plans in New York

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

Bac Local 5 New York Annuity Plan 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 ($B) Participants Bac Local 5 New York Annuity Plan, Total assets ($B): 0.022688397 · Participants: 1438Bac Local 5 New York Annuity PlanAnnuity 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
Bac Local 5 New York Annuity Plan vs. nearby Profit Sharing plans in New York, assets vs. participants
Compare Bac Local 5 New York Annuity Plan side-by-side with 3 peers →

Bac Local 5 New York Annuity Plan's out-of-state Profit Sharing peers by assets and headcount

Outside New York, the nearest Profit Sharing by assets is National Trust for Historic Preservation in the US 403(b) Plan in DC ($23M); by covered participants it is Healthalliance Partnership Retirement Savings Plan in MA (1,438 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,438 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 Bac Local 5 New York Annuity Plan assets move in 2023? ▼
Bac Local 5 New York Annuity Plan grew at a solid clip - up 14.1% during 2023, from $20M to $23M. Reported net income was $3M.
How have Bac Local 5 New York Annuity Plan plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Bac Local 5 New York Annuity Plan's sponsor-wide assets grew 27.5%, from $20M to $25M.
Where does Bac Local 5 New York Annuity Plan rank by assets among Form 5500 filers? ▼
Bac Local 5 New York Annuity Plan ranks in the 75th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which Profit Sharing plans are similar in size to Bac Local 5 New York Annuity Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is National Trust for Historic Preservation in the US 403(b) Plan in DC ($23M, 312 participants).
Which Profit Sharing plans cover a similar participant headcount to Bac Local 5 New York Annuity Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Healthalliance Partnership Retirement Savings Plan in MA (1,438 participants, $111M in assets).

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 237107109.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.