Profit Sharing · DOL Form 5500 · 2023

The Board of Trustees of the Food & Beverage Workers Union 23 & Emp. P Profit Sharing Plan

Data updated 2026-08-11

$44M
Total assets: 1,680
Participants: 84th
Percentile by assets: $26,055
Avg per participant

Official DOL plan name: Food & Beverage Workers Union Local 23 & Employers Pension Plan · Sponsored by The Board of Trustees of the Food & Beverage Workers Union 23 & Emp. P · Arizona · Food Services & Accommodation

$44M in assets, 1,680 participants

The Board of Trustees of the Food & Beverage Workers Union 23 & Emp. P's Food & Beverage Workers Union Local 23 & Employers Pension Plan reported $44M in total assets and 1,680 participants in its 2023 DOL Form 5500 filing, ranking in the 84th 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.

84th percentile by assets (of 127,072 plans)
#3,665 in Food Services & Accommodation (3,828 peers)

Coverage in Arizona

Food & Beverage Workers Union Local 23 & Employers Pension Plan covers 1,680 participants in Arizona, 3.0x the typical Arizona plan (state average ~564 per filing). Assets: $44M.

$44M
total plan assets (2023 EOY): 1,680
covered participants: 84th
percentile by assets (of 127,072 plans): $26,055
avg assets per participant

Food & Beverage Workers Union Local 23 & Employers Pension Plan reported net income rose from -$7M in the plan year 2022 filing to $6M in the plan year 2023 filing.
Food & Beverage Workers Union Local 23 & Employers Pension Plan reported participants rose from 977 in the plan year 2022 filing to 1,680 in the plan year 2023 filing.
Food & Beverage Workers Union Local 23 & Employers Pension Plan end-of-year assets rose from $37M in the plan year 2022 filing to $44M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Arizona

Industry

Food Services & Accommodation

Participants vs Arizona filers

In Arizona, the average filing covers about 564 participants across 2,304 plans. Food & Beverage Workers Union Local 23 & Employers Pension Plan reports 1,680 participants - 3.0x that state average ($44M EOY assets).

Arizona filing particulars

Total Assets (Beginning of Year)	$37M
Net Assets (End of Year)	$44M
Net Income	$6M
Employer EIN	521806724
Plan Effective Date	1992-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (The Board of Trustees of the Food & Beverage Workers Union 23 & Emp. P)

Total plan assets by year, all The Board of Trustees of the Food & Beverage Workers Union 23 & Emp. P plans on file

Year	Plans	Participants	Total Assets
2022	1	977	$37M
2023	1	1,680	$44M
2024	1	5,107	$50M

Nearby Profit Sharing Plans in Arizona

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

Food & Beverage Workers Union Local 23 & Employers Pension Plan vs. nearby Profit Sharing plans in Arizona, assets vs. participants

Kitchell Affiliates Employees' Profit Sharing Plan $55M · 543
M R Sheet Metal Mfg Inc Profit Sharing Plan Trust $38M · 26
Marana Health Center, Inc. 403b Plan $28M · 725
Center for Biological Diversity 403(b) DC Plan $26M · 180
Sobel Medical Consultants, PC Profit Sharing Plan $25M · 20

Compare Food & Beverage Workers Union Local 23 &… side-by-side with 3 peers →

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Food & Beverage Workers Union Local 23 & Employers Pension Plan by total assets, not by location.

Philadelphia Federal Credit Union Capital Accumulation Plan (PA) $44M · 252
Office of the Commissioner of Baseball Umpires' Defined Contribution Plan (NY) $44M · 63
401(k) Profit Sharing Plan for Employees of Adapt Community Network (NY) $44M · 1,197
Tennant Related Companies Profit Sharing Plan and Trust (OR) $44M · 5

Frequently Asked Questions

How did Food & Beverage Workers Union Local 23 & Employers Pension Plan assets move in 2023? ▼

Food & Beverage Workers Union Local 23 & Employers Pension Plan grew sharply - up 17.5% during 2023, from $37M to $44M. Reported net income was $6M.

How have The Board of Trustees of the Food & Beverage Workers Union 23 & Emp. P plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), The Board of Trustees of the Food & Beverage Workers Union 23 & Emp. P's sponsor-wide assets grew 33.9%, from $37M to $50M.

Where does Food & Beverage Workers Union Local 23 & Employers Pension Plan rank by assets among Form 5500 filers? ▼

Food & Beverage Workers Union Local 23 & Employers Pension Plan ranks in the 84th 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 Food & Beverage Workers Union Local 23 & Employers Pension Plan? ▼

Among Profit Sharing plans in other states, the closest by assets is Philadelphia Federal Credit Union Capital Accumulation Plan in PA ($44M, 252 participants).

Next read for Food & Beverage Workers Union Local 23 &…

Filing takeaways

Ways to act on Food & Beverage Workers Union Local 23 & Employers Pension Plan's numbers.

By total assets, Food & Beverage Workers Union Local 23 & Employers Pension Plan ranks in the top quartile of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Profit Sharing plans in Arizona. Compare plans
The Board of Trustees of the Food & Beverage Workers Union 23 & Emp. P's sponsor-wide assets have grown 33.9% since 2022 across 3 plan years on file. More Food Services & Accommodation plans

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 521806724.