401(k) · DOL Form 5500 · 2023
Bd of Tees of Elevator Constructors Union Local No. 1 Annuity & 401(k) 401(k) Plan
Data updated 2026-08-25
- $1.6B
- Total assets Very large vs avg
- 3,298
- Participants Above avg headcount
- 99th
- Percentile by assets National rank
- $472,893
- Avg per participant High balance/head
Official DOL plan name: Elevator Constructors Union Local 1 Annuity and 401(k) Fund · Sponsored by Bd of Tees of Elevator Constructors Union Local No. 1 Annuity & 401(k) · New Jersey · Construction
$1.6B in assets, 3,298 participants
Bd of Tees of Elevator Constructors Union Local No. 1 Annuity & 401(k)'s Elevator Constructors Union Local 1 Annuity and 401(k) Fund reported $1.6B in total assets and 3,298 participants in its 2023 DOL Form 5500 filing, ranking in the 99th 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.
- #8,958 in Construction (9,030 peers)
Coverage in New Jersey
Elevator Constructors Union Local 1 Annuity and 401(k) Fund covers 3,298 participants in New Jersey, 3.9x the typical New Jersey plan (state average ~844 per filing). Assets: $1.6B.
- #8,958
- in Construction (9,030 peers)
- +11.8%
- assets growth YoY
- 16×
- vs typical plan assets (national mean)
Elevator Constructors Union Local 1 Annuity and 401(k) Fund's outsized position by total assets
Elevator Constructors Union Local 1 Annuity and 401(k) Fund vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$1,559,600,665 Top 1% higher than 99% 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
Elevator Constructors Union Local 1 Annuity and 401(k) 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. Elevator Constructors Union Local 1 Annuity and 401(k) Fund lands in the large band (3,298 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Elevator Constructors Union Local 1 Annuity and 401(k) Fund reported net income rose from -$137M in the plan year 2022 filing to $165M in the plan year 2023 filing.
- Elevator Constructors Union Local 1 Annuity and 401(k) Fund end-of-year assets rose from $1.4B in the plan year 2022 filing to $1.6B in the plan year 2023 filing.
- Elevator Constructors Union Local 1 Annuity and 401(k) Fund reported participants rose from 3,272 in the plan year 2022 filing to 3,298 in the plan year 2023 filing.
Published 5500 schedule card
Filing strip 516124191 · Bd of Tees of Elevator Constructors Union Local No. 1 Annuity & 401(k) PY 2023 · 401(k)
Elevator Constructors Union Local 1 Annuity and 401(k) Fund · $1.6B · 3,298 · 99th
- 5500 $1.6B
- ASSETS 3,298
- PCT 99th
- EIN 401(k)
- RANK near Sonoco Retirement & Savings Plan
- PHOTO ind #8958
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 Jersey →
Elevator Constructors Union Local 1 Annuity and 401(k) Fund in the asset neighbourhood
New Jersey filing particulars
| Total Assets (Beginning of Year) | $1.4B |
|---|---|
| Net Assets (End of Year) | $1.6B |
| Net Income | $165M |
| Employer EIN | 516124191 |
| Plan Effective Date | 1966-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Bd of Tees of Elevator Constructors Union Local No. 1 Annuity & 401(k))
Sponsor-wide plan assets over time
All Bd of Tees of Elevator Constructors Union Local No. 1 Annuity & 401(k) plans reported in each filing year
- Latest sponsor-wide plan assets
- $1.7B 22.325487217183696% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 3,272 | $1.4B |
| 2023 | 1 | 3,298 | $1.6B |
| 2024 | 1 | 3,099 | $1.7B |
Nearby 401(k) Plans in New Jersey
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- JPMorgan Chase 401(k) Savings Plan $44.6B · 176,610
- Verizon Savings Plan for Management Employees $27.8B · 78,072
- Johnson and Johnson Savings Plan $22.2B · 41,291
- Ernst & Young Retirement Savings Plan $15.5B · 59,346
- Merck US Savings Plan $13.4B · 26,850
Elevator Constructors Union Local 1 Annuity and 401(k) Fund's out-of-state 401(k) peers by assets and headcount
Outside New Jersey, the nearest 401(k) by assets is Sonoco Retirement & Savings Plan in SC ($1.6B); by covered participants it is Systems 401(k) Retirement Plan in MO (3,298 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($1.6B here).
- Sonoco Retirement & Savings Plan (SC) $1.6B · 11,311
- Dla Piper LLP (US) Profit Sharing and 401(k) Savings Plan (MD) $1.6B · 3,009
- S.C. Johnson & Son, Inc. Employees Deferred Profit and Savings Plan (WI) $1.6B · 3,171
- Xylem Retirement Savings Plan (NY) $1.6B · 4,636
Similar participant headcount
Nearest other-state filings by covered participants (3,298 participants); asset peers above are excluded.
- Systems 401(k) Retirement Plan (MO) 3,298 · 0 off
- Amcor Rigid Packaging Savings and Investment Plan (MI) 3,298 · 0 off
- Lrs Healthcare 401(k) Plan (NE) 3,297 · 1 off
- Seagen Inc. 401(k) Plan (WA) 3,297 · 1 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.