Profit Sharing · DOL Form 5500 · 2023

Board of Trustees Bac Local 3 Ny Individual Account Retirement Fund Profit Sharing Plan

Data updated 2026-08-25

$95M
Total assets Below avg plan size
2,186
Participants Above avg headcount
91st
Percentile by assets National rank
$43,589
Avg per participant Low balance/head
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Official DOL plan name: Bac Local 3 Ny Individual Account Retirement Fund · Sponsored by Board of Trustees Bac Local 3 Ny Individual Account Retirement Fund · New York · Construction

$95M in assets, 2,186 participants

Board of Trustees Bac Local 3 Ny Individual Account Retirement Fund's Bac Local 3 Ny Individual Account Retirement Fund reported $95M in total assets and 2,186 participants in its 2023 DOL Form 5500 filing, ranking in the 91st 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.

  • #8,060 in Construction (9,030 peers)

Coverage in New York

Bac Local 3 Ny Individual Account Retirement Fund covers 2,186 participants in New York, 2.7x the typical New York plan (state average ~798 per filing). Assets: $95M.

#8,060
in Construction (9,030 peers)
+10.4%
assets growth YoY
1.0×
vs typical plan assets (national mean)

Bac Local 3 Ny Individual Account Retirement Fund's outsized position by total assets

Bac Local 3 Ny Individual Account Retirement Fund vs every filed plan by assets

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

$95,286,047 Top 9% higher than 91% of 127,068 filed plans

This plan $0 $2,050,000,000 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

Bac Local 3 Ny Individual Account Retirement 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. Bac Local 3 Ny Individual Account Retirement Fund lands in the large band (2,186 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Bac Local 3 Ny Individual Account Retirement Fund reported net income rose from -$18M in the plan year 2022 filing to $9M in the plan year 2023 filing.
  • Bac Local 3 Ny Individual Account Retirement Fund end-of-year assets rose from $86M in the plan year 2022 filing to $95M in the plan year 2023 filing.
  • Bac Local 3 Ny Individual Account Retirement Fund reported participants fell from 2,386 in the plan year 2022 filing to 2,186 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 161184581 · Board of Trustees Bac Local 3 Ny Individual Account Retirement Fund PY 2023 · Profit Sharing

Bac Local 3 Ny Individual Account Retirement Fund · $95M · 2,186 · 91st

  • IND $95M
  • IND 2,186
  • IND 91st
  • IND Profit Sharing
  • IND near Smith Transport , Inc. Profit Sharing Plan
  • IND ind #8060

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 York →

Bac Local 3 Ny Individual Account Retirement Fund in the asset neighbourhood

AT&T Puerto Rico Retirement Savings PlanAT&T Puerto Rico Retirement …$97MBac Local 3 Ny Individual Account Retirement FundBac Local 3 Ny Individual Ac…$95MSmith Transport , Inc. Profit Sharing PlanSmith Transport , Inc. Profi…$95MStagehands Local Two Annuity PlanStagehands Local Two Annuity…$94MMoses/Weitzman Health System, Inc. 403b Retirement PlanMoses/Weitzman Health System…$94M
End-of-year total assets ($M) among Bac Local 3 Ny Individual Account Retirement Fund and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

New York filing particulars

Total Assets (Beginning of Year)$86M
Net Assets (End of Year)$95M
Net Income$9M
Employer EIN161184581
Plan Effective Date1982-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees Bac Local 3 Ny Individual Account Retirement Fund)

Sponsor-wide plan assets over time

All Board of Trustees Bac Local 3 Ny Individual Account Retirement Fund plans reported in each filing year

Latest sponsor-wide plan assets
$99M 14.215619487942504% vs 2022
2024 filing year
$85M$90M$95M$100M 202220232024 $86.3M $98.6M ▲ +14.2%
Year Plans Participants Total Assets
2022 1 2,386 $86M
2023 1 2,186 $95M
2024 1 2,162 $99M

Nearby Profit Sharing Plans in New York

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

Bac Local 3 Ny Individual Account Retirement Fund vs. nearby Profit Sharing plans in New York, assets vs. participants Scatter plot of 6 data points. 05000100001500020000 -0.500.511.522.5 Total assets ($B) Participants Bac Local 3 Ny Individual Account Retirement Fund, Total assets ($B): 0.095286047 · Participants: 2186Bac Local 3 Ny Individual Account Retirement FundAnnuity Plan of the Electrical Industry, Total assets ($B): 2.210433172 · Participants: 18907Annuity Plan of the Electrical IndustryAnnuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIO, Total assets ($B): 1.870067356 · Participants: 3402Annuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIOAnnuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIO, Total assets ($B): 1.660408686 · Participants: 5807Annuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIOThe Research Foundation for Suny Retirement Plan, Total assets ($B): 1.177491602 · Participants: 10120The Research Foundation for Suny Retirement PlanMason Tenders District Council Annuity Fund, Total assets ($B): 0.912972009 · Participants: 11237Mason Tenders District Council Annuity Fund
Bac Local 3 Ny Individual Account Retirement Fund vs. nearby Profit Sharing plans in New York, assets vs. participants

Bac Local 3 Ny Individual Account Retirement Fund's out-of-state Profit Sharing peers by assets and headcount

Outside New York, the nearest Profit Sharing by assets is Smith Transport , Inc. Profit Sharing Plan in PA ($95M); by covered participants it is Southern New Hampshire Medical Center 401(a) Retirement Savings Plus Plan in NH (2,195 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,186 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Bac Local 3 Ny Individual Account Retirement Fund assets move in 2023?
Bac Local 3 Ny Individual Account Retirement Fund grew at a solid clip - up 10.4% during 2023, from $86M to $95M. Reported net income was $9M.
How have Board of Trustees Bac Local 3 Ny Individual Account Retirement Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees Bac Local 3 Ny Individual Account Retirement Fund's sponsor-wide assets grew 14.2%, from $86M to $99M.
Where does Bac Local 3 Ny Individual Account Retirement Fund rank by assets among Form 5500 filers?
Bac Local 3 Ny Individual Account Retirement Fund ranks in the 91st percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which Profit Sharing plans are similar in size to Bac Local 3 Ny Individual Account Retirement Fund?
Among Profit Sharing plans in other states, the closest by assets is Smith Transport , Inc. Profit Sharing Plan in PA ($95M, 521 participants).
Which Profit Sharing plans cover a similar participant headcount to Bac Local 3 Ny Individual Account Retirement Fund?
Among Profit Sharing plans in other states, the closest by covered participants is Southern New Hampshire Medical Center 401(a) Retirement Savings Plus Plan in NH (2,195 participants, $89M in assets).