Profit Sharing · DOL Form 5500 · 2023

New Jersey B.a.C. Annuity Fund Profit Sharing Plan

Data updated 2026-08-11

$151M
Total assets
1,453
Participants
94th
Percentile by assets
$104,141
Avg per participant
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Official DOL plan name: New Jersey B.a.C. Annuity Fund · Sponsored by New Jersey B.a.C. Annuity Fund · New Jersey · Construction

$151M in assets, 1,453 participants

New Jersey B.a.C. Annuity Fund's New Jersey B.a.C. Annuity Fund reported $151M in total assets and 1,453 participants in its 2023 DOL Form 5500 filing, ranking in the 94th 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.

  • 94th percentile by assets (of 127,072 plans)
  • #8,320 in Construction (9,030 peers)

Where New Jersey B.a.C. Annuity Fund sits by assets

New Jersey B.a.C. Annuity Fund sits in the top 10% of all filed plans by assets, $151M for 1,453 participants (~$104,141/participant), up 11.4% in 2023.

$151M
total plan assets (2023 EOY)
1,453
covered participants
94th
percentile by assets (of 127,072 plans)
$104,141
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • New Jersey B.a.C. Annuity Fund reported net income rose from -$15M in the plan year 2022 filing to $16M in the plan year 2023 filing.
  • New Jersey B.a.C. Annuity Fund end-of-year assets rose from $136M in the plan year 2022 filing to $151M in the plan year 2023 filing.
  • New Jersey B.a.C. Annuity Fund reported participants fell from 1,504 in the plan year 2022 filing to 1,453 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

New Jersey B.a.C. Annuity Fund vs the 2023 asset distribution

By assets, New Jersey B.a.C. Annuity Fund outranks 94% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 1.5x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$136M
Net Assets (End of Year)$151M
Net Income$16M
Employer EIN800083081
Plan Effective Date2004-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (New Jersey B.a.C. Annuity Fund)

$130M$140M$150M$160M$170M 202220232024 $136M $163M ▲ +19.7%
Total plan assets by year, all New Jersey B.a.C. Annuity Fund plans on file
Year Plans Participants Total Assets
2022 1 1,504 $136M
2023 1 1,453 $151M
2024 1 1,267 $163M

Nearby Profit Sharing Plans in New Jersey

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

New Jersey B.a.C. Annuity Fund vs. nearby Profit Sharing plans in New Jersey, assets vs. participants

New Jersey B.a.C. Annuity Fund vs. nearby Profit Sharing plans in New Jersey, assets vs. participants Scatter plot of 6 data points. 020004000600080001000012000 0123 Total assets ($B) Participants New Jersey B.a.C. An…Ernst & Young Partne…Operating Engineers …Heavy & General Labo…IBEW Local Union No …Kpmg Partner Retirem…
New Jersey B.a.C. Annuity Fund vs. nearby Profit Sharing plans in New Jersey, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to New Jersey B.a.C. Annuity Fund by total assets, not by location.

Frequently Asked Questions

How did New Jersey B.a.C. Annuity Fund assets move in 2023?
New Jersey B.a.C. Annuity Fund grew at a solid clip - up 11.4% during 2023, from $136M to $151M. Reported net income was $16M.
How have New Jersey B.a.C. Annuity Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), New Jersey B.a.C. Annuity Fund's sponsor-wide assets grew 19.7%, from $136M to $163M.
Where does New Jersey B.a.C. Annuity Fund rank by assets among Form 5500 filers?
New Jersey B.a.C. Annuity Fund ranks in the 94th 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 New Jersey B.a.C. Annuity Fund?
Among Profit Sharing plans in other states, the closest by assets is West Virginia Laborers Profit Sharing Plan in WV ($151M, 5,751 participants).

Next read for New Jersey B.a.C. Annuity Fund

Scale reading

Ways to act on New Jersey B.a.C. Annuity Fund's numbers.

  • By total assets, New Jersey B.a.C. Annuity Fund ranks in the top 10% 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
  • New Jersey B.a.C. Annuity Fund's sponsor-wide assets have grown 19.7% since 2022 across 3 plan years on file. More Construction plans