Money Purchase · DOL Form 5500 · 2023
Local 445 Annuity Fund Money Purchase Plan
Data updated 2026-08-11
- $18M
- Total assets
- 353
- Participants
- 70th
- Percentile by assets
- $50,271
- Avg per participant
Official DOL plan name: Local 445 Annuity Fund · Sponsored by Local 445 Annuity Fund · New York · Finance & Insurance
$18M in assets, 353 participants
Local 445 Annuity Fund's Local 445 Annuity Fund reported $18M in total assets and 353 participants in its 2023 DOL Form 5500 filing, ranking in the 70th 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.
- 70th percentile by assets (of 127,072 plans)
- #5,000 in Finance & Insurance (8,869 peers)
Coverage in New York
Local 445 Annuity Fund covers 353 participants in New York, about 44% of the average New York filer (state average ~798 per filing). Assets: $18M.
- $18M
- total plan assets (2023 EOY)
- 353
- covered participants
- 70th
- percentile by assets (of 127,072 plans)
- $50,271
- avg assets per participant
The plan reported a net loss of $182K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Local 445 Annuity Fund reported net income rose from -$6M in the plan year 2022 filing to -$182K in the plan year 2023 filing.
- Local 445 Annuity Fund reported participants fell from 415 in the plan year 2022 filing to 353 in the plan year 2023 filing.
- Local 445 Annuity Fund end-of-year assets fell from $18M in the plan year 2022 filing to $18M in the plan year 2023 filing.
Participants vs New York filers
In New York, the average filing covers about 798 participants across 9,061 plans. Local 445 Annuity Fund reports 353 participants - about 44% of that state average ($18M EOY assets).
New York filing particulars
| Total Assets (Beginning of Year) | $18M |
|---|---|
| Net Assets (End of Year) | $18M |
| Net Income | -$182K |
| Employer EIN | 141731806 |
| Plan Effective Date | 1990-06-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Local 445 Annuity Fund)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 415 | $18M |
| 2023 | 1 | 353 | $18M |
| 2024 | 1 | 368 | $18M |
Nearby Money Purchase Plans in New York
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
Local 445 Annuity Fund vs. nearby Money Purchase plans in New York, assets vs. participants
- Tiaa Retirement Plan $5.3B · 12,501
- Young Men's Christian Association Retirement Fund Retirement Plan $3.7B · 43,490
- McKinsey & Company, Inc. (Mppp) Money Purchase Pension Plan $2.0B · 15,163
- Brookhaven Science Associates, LLC Retirement Plan $1.4B · 2,473
- Iron Workers Locals 40, 361 & 417 Annuity Fund $1.2B · 4,998
Similar-Sized Money Purchase Plans Nationally
Money Purchase plans in other states closest to Local 445 Annuity Fund by total assets, not by location.
Frequently Asked Questions
How did Local 445 Annuity Fund assets move in 2023? ▼
How have Local 445 Annuity Fund plan assets changed over time? ▼
Which Money Purchase plans are similar in size to Local 445 Annuity Fund? ▼
Next read for Local 445 Annuity Fund
Filing takeaways
Ways to act on Local 445 Annuity Fund's numbers.
- By total assets, Local 445 Annuity Fund 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
- Local 445 Annuity Fund's sponsor-wide assets have declined 1.1% since 2022 across 3 plan years on file. More Finance & Insurance plans