Profit Sharing · DOL Form 5500 · 2023

West Virginia Laborers Profit Sharing Plan

Data updated 2026-08-25

$151M
Total assets Near avg plan size
5,751
Participants Above avg headcount
94th
Percentile by assets National rank
$26,251
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: West Virginia Laborers Profit Sharing Plan · Sponsored by West Virginia Laborers · West Virginia · Construction

$151M in assets, 5,751 participants

West Virginia Laborers's West Virginia Laborers Profit Sharing Plan reported $151M in total assets and 5,751 participants in its 2023 DOL Form 5500 filing, ranking in the 94th 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.

  • #8,318 in Construction (9,030 peers)

Coverage in West Virginia

West Virginia Laborers Profit Sharing Plan covers 5,751 participants in West Virginia, 12x the typical West Virginia plan (state average ~467 per filing). Assets: $151M.

#8,318
in Construction (9,030 peers)
+10.6%
assets growth YoY
1.5×
vs typical plan assets (national mean)

West Virginia Laborers Profit Sharing Plan's outsized position by total assets

West Virginia Laborers Profit Sharing Plan vs every filed plan by assets

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

$150,972,254 Top 6% higher than 94% 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

West Virginia Laborers Profit Sharing Plan'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. West Virginia Laborers Profit Sharing Plan lands in the large band (5,751 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • West Virginia Laborers Profit Sharing Plan reported net income rose from -$13M in the plan year 2022 filing to $14M in the plan year 2023 filing.
  • West Virginia Laborers Profit Sharing Plan end-of-year assets rose from $137M in the plan year 2022 filing to $151M in the plan year 2023 filing.
  • West Virginia Laborers Profit Sharing Plan reported participants fell from 5,881 in the plan year 2022 filing to 5,751 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 550772123 · West Virginia Laborers PY 2023 · Profit Sharing

West Virginia Laborers Profit Sharing Plan · $151M · 5,751 · 94th

  • SCH $151M
  • EBSA 5,751
  • PART 94th
  • TYPE Profit Sharing
  • NET near New Jersey B.a.C. Annuity Fund
  • BOOK ind #8318

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 West Virginia →

West Virginia Laborers Profit Sharing Plan in the asset neighbourhood

New Jersey B.a.C. Annuity FundNew Jersey B.a.C. Annuity Fu…$151MWest Virginia Laborers Profit Sharing PlanWest Virginia Laborers Profi…$151MLocal 550 Annuity Plan$150MSheet Metal Workers Local Union No 25 New Jersey Annuity FundSheet Metal Workers Local Un…$149MSt. Lawrence Health System 403(b) Retirement PlanSt. Lawrence Health System 4…$149M
End-of-year total assets ($M) among West Virginia Laborers Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

West Virginia filing particulars

Total Assets (Beginning of Year)$137M
Net Assets (End of Year)$149M
Net Income$14M
Employer EIN550772123
Plan Effective Date1999-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (West Virginia Laborers)

Sponsor-wide plan assets over time

All West Virginia Laborers plans reported in each filing year

Latest sponsor-wide plan assets
$157M 14.76751958792043% vs 2022
2024 filing year
$130M$140M$150M$160M 202220232024 $137M $157M ▲ +14.8%
Year Plans Participants Total Assets
2022 1 5,881 $137M
2023 1 5,751 $151M
2024 1 5,755 $157M

Nearby Profit Sharing Plans in West Virginia

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

West Virginia Laborers Profit Sharing Plan vs. nearby Profit Sharing plans in West Virginia, assets vs. participants Scatter plot of 6 data points. -20000200040006000800010000 050100150200 Total assets ($M) Participants West Virginia Laborers Profit Sharing Plan, Total assets ($M): 150.972254 · Participants: 5751West Virginia Laborers Profit Sharing PlanInt Brotherhood of Electrical Workers Local 141 Profit Sharing Plan, Total assets ($M): 104.30095 · Participants: 225Int Brotherhood of Electrical Workers Local 141 Profit Sharing PlanI.U.O.E. Local #132 Annuity & Savings Fund, Total assets ($M): 100.212407 · Participants: 7765I.U.O.E. Local #132 Annuity & Savings FundIronworkers Local Union 549 and 550 Security Plan, Total assets ($M): 52.76328 · Participants: 3624Ironworkers Local Union 549 and 550 Security PlanThe Profit Sharing and Retirement Plan for the Mountain Company and the Laurel Management Group, Inc., Total assets ($M): 48.541861 · Participants: 274The Profit Sharing and Retirement Plan for the Mountain Company and the Laurel Management Group, Inc.Plumbers & Pipefitters Local 625 Pension Plan, Total assets ($M): 43.159273 · Participants: 0Plumbers & Pipefitters Local 625 Pension Plan
West Virginia Laborers Profit Sharing Plan vs. nearby Profit Sharing plans in West Virginia, assets vs. participants

Scale composition for West Virginia Laborers Profit Sharing Plan

West Virginia Laborers Profit Sharing Plan reports $151M in end-of-year assets across 5,751 participants (0.001% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $26,251 per participant (19% of the national average assets-per-participant) . Net income for plan year 2023 was $14M.

This plan identity (EIN 550772123, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $137M to $157M (+14.8%) while covered participants moved from 5,881 to 5,755 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 5,881 $137M Open filing
2023 5,751 $151M This page
2024 · index core 5,755 $157M Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

West Virginia Laborers Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside West Virginia, the nearest Profit Sharing by assets is New Jersey B.a.C. Annuity Fund in NJ ($151M); by covered participants it is Plumbers' Retirement Savings Fund, Local 130, U.a. in IL (5,807 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($151M here).

Similar participant headcount

Nearest other-state filings by covered participants (5,751 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 West Virginia Laborers Profit Sharing Plan assets move in 2023? ▼
West Virginia Laborers Profit Sharing Plan grew at a solid clip - up 10.6% during 2023, from $137M to $151M. Reported net income was $14M.
How have West Virginia Laborers plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), West Virginia Laborers's sponsor-wide assets grew 14.8%, from $137M to $157M.
Where does West Virginia Laborers Profit Sharing Plan rank by assets among Form 5500 filers? ▼
West Virginia Laborers Profit Sharing Plan ranks in the 94th 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 West Virginia Laborers Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is New Jersey B.a.C. Annuity Fund in NJ ($151M, 1,453 participants).
Which Profit Sharing plans cover a similar participant headcount to West Virginia Laborers Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Plumbers' Retirement Savings Fund, Local 130, U.a. in IL (5,807 participants, $398M in assets).