Profit Sharing · DOL Form 5500 · 2023
Board of Trustees of the Painting Industry Annuity Fund Profit Sharing Plan
Data updated 2026-08-25
- $812M
- Total assets Above avg plan size
- 5,509
- Participants Above avg headcount
- 98th
- Percentile by assets National rank
- $147,428
- Avg per participant Above avg balance/head
Official DOL plan name: Painting Industry Annuity Fund · Sponsored by Board of Trustees of the Painting Industry Annuity Fund · New York · Construction
$812M in assets, 5,509 participants
Board of Trustees of the Painting Industry Annuity Fund's Painting Industry Annuity Fund reported $812M in total assets and 5,509 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.
- #8,882 in Construction (9,030 peers)
Coverage in New York
Painting Industry Annuity Fund covers 5,509 participants in New York, 6.9x the typical New York plan (state average ~798 per filing). Assets: $812M.
- #8,882
- in Construction (9,030 peers)
- +9.0%
- assets growth YoY
- 8.1×
- vs typical plan assets (national mean)
Painting Industry Annuity Fund's outsized position by total assets
Painting Industry Annuity Fund vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$812,179,769 Top 2% higher than 98% 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
Painting Industry Annuity Fund'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. Painting Industry Annuity Fund lands in the large band (5,509 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Painting Industry Annuity Fund reported net income rose from -$110M in the plan year 2022 filing to $71M in the plan year 2023 filing.
- Painting Industry Annuity Fund end-of-year assets rose from $745M in the plan year 2022 filing to $812M in the plan year 2023 filing.
- Painting Industry Annuity Fund reported participants rose from 5,164 in the plan year 2022 filing to 5,509 in the plan year 2023 filing.
EBSA filing schedule strip
Filing strip 516049898 · Board of Trustees of the Painting Industry Annuity Fund PY 2023 · Profit Sharing
Painting Industry Annuity Fund · $812M · 5,509 · 98th
- NET $812M
- NET 5,509
- NET 98th
- NET Profit Sharing
- NET near Les Schwab Profit Sharing Retirement Plan
- NET ind #8882
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 →
Painting Industry Annuity Fund in the asset neighbourhood
New York filing particulars
| Total Assets (Beginning of Year) | $745M |
|---|---|
| Net Assets (End of Year) | $808M |
| Net Income | $71M |
| Employer EIN | 516049898 |
| Plan Effective Date | 1965-08-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees of the Painting Industry Annuity Fund)
Sponsor-wide plan assets over time
All Board of Trustees of the Painting Industry Annuity Fund plans reported in each filing year
- Latest sponsor-wide plan assets
- $884M 18.667071966336362% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 5,164 | $745M |
| 2023 | 1 | 5,509 | $812M |
| 2024 | 1 | 5,414 | $884M |
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
Scale composition for Painting Industry Annuity Fund
Painting Industry Annuity Fund reports $812M in end-of-year assets across 5,509 participants (0.007% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $147,428 per participant (1.1x the national average assets-per-participant) . Net income for plan year 2023 was $71M.
This plan identity (EIN 516049898, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $745M to $884M (+18.7%) while covered participants moved from 5,164 to 5,414 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 5,164 | $745M | Open filing |
| 2023 | 5,509 | $812M | This page |
| 2024 · index core | 5,414 | $884M | Open filing |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Painting Industry Annuity Fund (Profit Sharing, $884M, 5,414 participants)
Painting Industry Annuity Fund's out-of-state Profit Sharing peers by assets and headcount
Outside New York, the nearest Profit Sharing by assets is Les Schwab Profit Sharing Retirement Plan in OR ($805M); by covered participants it is Firsthealth of the Carolinas, Inc. Retirement Growth Plan in NC (5,519 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($812M here).
- Les Schwab Profit Sharing Retirement Plan (OR) $805M · 5,463
- Shv Profit Sharing Plan (CA) $804M · 58
- I.a.M. National 401(k) Plan (DC) $828M · 33,154
- Aspirus, Inc. Retirement Plan (WI) $795M · 10,161
Similar participant headcount
Nearest other-state filings by covered participants (5,509 participants); asset peers above are excluded.
- Firsthealth of the Carolinas, Inc. Retirement Growth Plan (NC) 5,519 · 10 off
- Nnpp Contractor Capital Accumulation Plan (PA) 5,435 · 74 off
- Ballad Health 401(a) Plan (TN) 5,420 · 89 off
- West Virginia Laborers Profit Sharing Plan (WV) 5,751 · 242 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.