Money Purchase · DOL Form 5500 · 2023

Building Services Local 2 Money Purchase Plan

Data updated 2026-08-11

$9M
Total assets
287
Participants
55th
Percentile by assets
$29,629
Avg per participant
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Official DOL plan name: Building Services Local 2 Retirement Plan & Trust · Sponsored by Building Services Local 2 · New York · Other Services

$9M in assets, 287 participants

Building Services Local 2's Building Services Local 2 Retirement Plan & Trust reported $9M in total assets and 287 participants in its 2023 DOL Form 5500 filing, ranking in the 55th 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.

  • 55th percentile by assets (of 127,072 plans)
  • #5,812 in Other Services (7,857 peers)

Coverage in New York

Building Services Local 2 Retirement Plan & Trust covers 287 participants in New York, about 36% of the average New York filer (state average ~798 per filing). Assets: $9M.

$9M
total plan assets (2023 EOY)
287
covered participants
55th
percentile by assets (of 127,072 plans)
$29,629
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Building Services Local 2 Retirement Plan & Trust reported net income rose from -$2M in the plan year 2022 filing to $365K in the plan year 2023 filing.
  • Building Services Local 2 Retirement Plan & Trust reported participants fell from 311 in the plan year 2022 filing to 287 in the plan year 2023 filing.
  • Building Services Local 2 Retirement Plan & Trust end-of-year assets rose from $8M in the plan year 2022 filing to $9M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Participants vs New York filers

In New York, the average filing covers about 798 participants across 9,061 plans. Building Services Local 2 Retirement Plan & Trust reports 287 participants - about 36% of that state average ($9M EOY assets).

New York filing particulars

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$8M
Net Income$365K
Employer EIN111820127
Plan Effective Date1979-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Building Services Local 2)

$8M$8.2M$8.4M$8.6M$8.8M 202220232024 $8.08M $8.63M ▲ +6.8%
Total plan assets by year, all Building Services Local 2 plans on file
Year Plans Participants Total Assets
2022 1 311 $8M
2023 1 287 $9M
2024 1 275 $9M

Nearby Money Purchase Plans in New York

Peer Money Purchase plans, same state, same plan type, ranked by total assets.

Building Services Local 2 Retirement Plan & Trust vs. nearby Money Purchase plans in New York, assets vs. participants

Building Services Local 2 Retirement Plan & Trust vs. nearby Money Purchase plans in New York, assets vs. participants Scatter plot of 6 data points. -1000001000020000300004000050000 -20246 Total assets ($B) Participants Building Services Lo…Tiaa Retirement PlanYoung Men's Christia…McKinsey & Company, …Brookhaven Science A…Iron Workers Locals …
Building Services Local 2 Retirement Plan & Trust vs. nearby Money Purchase plans in New York, assets vs. participants

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to Building Services Local 2 Retirement Plan & Trust by total assets, not by location.

Frequently Asked Questions

How did Building Services Local 2 Retirement Plan & Trust assets move in 2023?
Building Services Local 2 Retirement Plan & Trust grew at a solid clip - up 5.2% during 2023, from $8M to $9M. Reported net income was $365K.
How have Building Services Local 2 plan assets changed over time?
Across 3 plan years on file (2022-2024), Building Services Local 2's sponsor-wide assets grew 6.7%, from $8M to $9M.
Which Money Purchase plans are similar in size to Building Services Local 2 Retirement Plan & Trust?
Among Money Purchase plans in other states, the closest by assets is Lucas Limited Money Purchase Pension Plan in CA ($8M, 1 participant).

Next read for Building Services Local 2 Retirement Pla…

Filing takeaways

Ways to act on Building Services Local 2 Retirement Plan & Trust's numbers.

  • By total assets, Building Services Local 2 Retirement Plan & Trust ranks above the median plan by assets. See the largest plans
  • Compare it side-by-side against 3 similar Money Purchase plans in New York. Compare plans
  • Building Services Local 2's sponsor-wide assets have grown 6.7% since 2022 across 3 plan years on file. More Other Services plans