Profit Sharing · DOL Form 5500 · 2023

Associated Builders and Contractors Profit Sharing Plan

Data updated 2026-08-11

$15M
Total assets
475
Participants
67th
Percentile by assets
$30,536
Avg per participant
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Official DOL plan name: Associated Builders and Contractors, Inc Utah Chapter Mep · Sponsored by Associated Builders and Contractors · Utah · Construction

$15M in assets, 475 participants

Associated Builders and Contractors's Associated Builders and Contractors, Inc Utah Chapter Mep reported $15M in total assets and 475 participants in its 2023 DOL Form 5500 filing, ranking in the 67th 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.

  • 67th percentile by assets (of 127,072 plans)
  • #5,883 in Construction (9,030 peers)

Associated Builders and Contractors multi-year trail

Associated Builders and Contractors's plans moved -12.6% in assets from 2022 to 2024; this filing shows Associated Builders and Contractors, Inc Utah Chapter Mep at $15M / 475 participants.

$15M
total plan assets (2023 EOY)
475
covered participants
67th
percentile by assets (of 127,072 plans)
$30,536
avg assets per participant

Where Associated Builders and Contractors, Inc Utah Chapter Mep sits by total assets

Associated Builders and Contractors, Inc Utah Chapter Mep vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$14,504,553 Top 33% higher than 67% of 127,068 filed plans

This plan $0 $2,010,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Associated Builders and Contractors, Inc Utah Chapter Mep reported net income rose from -$5M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Associated Builders and Contractors, Inc Utah Chapter Mep end-of-year assets rose from $12M in the plan year 2022 filing to $15M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Associated Builders and Contractors across 3 plan years on file

Across the 3 plan years Associated Builders and Contractors has on file (2022-2024), sponsor-wide plan assets have moved from $12M to $10M, a decline of 12.6%, while reported participants moved from 476 to 297 (-37.6%). Peak year by sponsor assets: 2023 ($15M); trough: 2024 ($10M).

Associated Builders and Contractors multi-year asset trail

$8M$10M$12M$14M$16M 202220232024 $11.7M $10.3M ▼ -12.6%
Total plan assets by year, all Associated Builders and Contractors plans on file
Year Plans Participants Total Assets
2022 1 476 $12M
2023 1 475 $15M
2024 1 297 $10M

Associated Builders and Contractors filing trail (2023)

Total Assets (Beginning of Year)$12M
Net Assets (End of Year)$15M
Net Income$3M
Employer EIN870343604
Plan Effective Date2018-01-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Utah

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

Associated Builders and Contractors, Inc Utah Chapter Mep vs. nearby Profit Sharing plans in Utah, assets vs. participants

Associated Builders and Contractors, Inc Utah Chapter Mep vs. nearby Profit Sharing plans in Utah, assets vs. participants Scatter plot of 6 data points. -20000200040006000800010000 -1000100200300400500 Total assets ($M) Participants Associated Builders …Wgu Retirement Savin…Dyno Nobel Inc. and …Parsons Behle & Lati…Rio Tinto Alcan 401(…Campbell Scientific …
Associated Builders and Contractors, Inc Utah Chapter Mep vs. nearby Profit Sharing plans in Utah, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Associated Builders and Contractors, Inc Utah Chapter Mep by total assets, not by location.

Frequently Asked Questions

How did Associated Builders and Contractors, Inc Utah Chapter Mep assets move in 2023?
Associated Builders and Contractors, Inc Utah Chapter Mep grew sharply - up 23.6% during 2023, from $12M to $15M. Reported net income was $3M.
How have Associated Builders and Contractors plan assets changed over time?
Across 3 plan years on file (2022-2024), Associated Builders and Contractors's sponsor-wide assets declined 12.6%, from $12M to $10M.
Which Profit Sharing plans are similar in size to Associated Builders and Contractors, Inc Utah Chapter Mep?
Among Profit Sharing plans in other states, the closest by assets is Altius Institute for Biomedical Sciences 403(b) Plan in WA ($14M, 135 participants).

Next read for Associated Builders and Contractors, Inc…

Multi-year trail

Ways to act on Associated Builders and Contractors, Inc Utah Chapter Mep's numbers.

  • By total assets, Associated Builders and Contractors, Inc Utah Chapter Mep ranks above the median plan by assets. See the largest plans
  • Compare it side-by-side against 3 similar Profit Sharing plans in Utah. Compare plans
  • Associated Builders and Contractors's sponsor-wide assets have declined 12.6% since 2022 across 3 plan years on file. More Construction plans