Profit Sharing · DOL Form 5500 · 2023
Board of Trustees Metro - Ila Individual Profit Sharing Plan
Data updated 2026-08-11
- $244M
- Total assets
- 1,322
- Participants
- 95th
- Percentile by assets
- $184,233
- Avg per participant
Official DOL plan name: Metro-Ila Individual Account Retirement Plan · Sponsored by Board of Trustees Metro - Ila Individual · New Jersey · Transportation & Warehousing
$244M in assets, 1,322 participants
Board of Trustees Metro - Ila Individual's Metro-Ila Individual Account Retirement Plan reported $244M in total assets and 1,322 participants in its 2023 DOL Form 5500 filing, ranking in the 95th 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.
- 95th percentile by assets (of 127,072 plans)
- #3,155 in Transportation & Warehousing (3,362 peers)
Where Metro-Ila Individual Account Retirement Plan sits by assets
Metro-Ila Individual Account Retirement Plan sits in the top 5% of all filed plans by assets, $244M for 1,322 participants (~$184,233/participant), up 14.7% in 2023.
- $244M
- total plan assets (2023 EOY)
- 1,322
- covered participants
- 95th
- percentile by assets (of 127,072 plans)
- $184,233
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Metro-Ila Individual Account Retirement Plan reported net income rose from -$14M in the plan year 2022 filing to $31M in the plan year 2023 filing.
- Metro-Ila Individual Account Retirement Plan end-of-year assets rose from $212M in the plan year 2022 filing to $244M in the plan year 2023 filing.
- Metro-Ila Individual Account Retirement Plan reported participants fell from 1,343 in the plan year 2022 filing to 1,322 in the plan year 2023 filing.
Metro-Ila Individual Account Retirement Plan vs the 2023 asset distribution
By assets, Metro-Ila Individual Account Retirement Plan outranks 95% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 2.4x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $212M |
|---|---|
| Net Assets (End of Year) | $243M |
| Net Income | $31M |
| Employer EIN | 223525303 |
| Plan Effective Date | 1997-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees Metro - Ila Individual)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 1,343 | $212M |
| 2023 | 1 | 1,322 | $244M |
| 2024 | 1 | 1,613 | $278M |
Nearby Profit Sharing Plans in New Jersey
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
Metro-Ila Individual Account Retirement Plan vs. nearby Profit Sharing plans in New Jersey, assets vs. participants
- Ernst & Young Partnership Retirement (Hr-10) Plan $2.5B · 1,843
- Operating Engineers Local 825 Profit Sharing Fund $1.4B · 10,336
- Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan $1.4B · 8,602
- IBEW Local Union No 102 Surety Plan $637M · 2,283
- Kpmg Partner Retirement Savings Plan $529M · 1,895
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Metro-Ila Individual Account Retirement Plan by total assets, not by location.
- The Hospital for Special Surgery Retirement Plan for Management and Medical Staff (NY) $243M · 659
- United States Liability Insurance Company Employees' Profit Sharing Plan (PA) $243M · 1,322
- Connecticut Laborers' Annuity Plan (CT) $245M · 3,065
- Connecticut Pipetrades Local No. 777 Annuity Plan (CT) $246M · 2,559
Frequently Asked Questions
How did Metro-Ila Individual Account Retirement Plan assets move in 2023? ▼
How have Board of Trustees Metro - Ila Individual plan assets changed over time? ▼
Where does Metro-Ila Individual Account Retirement Plan rank by assets among Form 5500 filers? ▼
Which Profit Sharing plans are similar in size to Metro-Ila Individual Account Retirement Plan? ▼
Next read for Metro-Ila Individual Account Retirement …
Scale reading
Ways to act on Metro-Ila Individual Account Retirement Plan's numbers.
- By total assets, Metro-Ila Individual Account Retirement Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in New Jersey. Compare plans
- Board of Trustees Metro - Ila Individual's sponsor-wide assets have grown 31.0% since 2022 across 3 plan years on file. More Transportation & Warehousing plans