Profit Sharing · DOL Form 5500 · 2023
West Virginia Laborers Profit Sharing Plan
Data updated 2026-08-11
- $151M
- Total assets
- 5,751
- Participants
- 94th
- Percentile by assets
- $26,251
- Avg per participant
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.
- 94th percentile by assets (of 127,072 plans)
- #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.
- $151M
- total plan assets (2023 EOY)
- 5,751
- covered participants
- 94th
- percentile by assets (of 127,072 plans)
- $26,251
- avg assets per participant
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.
Participants vs West Virginia filers
In West Virginia, the average filing covers about 467 participants across 380 plans. West Virginia Laborers Profit Sharing Plan reports 5,751 participants - 12x that state average ($151M EOY assets).
West Virginia filing particulars
| Total Assets (Beginning of Year) | $137M |
|---|---|
| Net Assets (End of Year) | $149M |
| Net Income | $14M |
| Employer EIN | 550772123 |
| Plan Effective Date | 1999-12-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (West Virginia Laborers)
| 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
- Int Brotherhood of Electrical Workers Local 141 Profit Sharing Plan $104M · 225
- I.U.O.E. Local #132 Annuity & Savings Fund $100M · 7,765
- Ironworkers Local Union 549 and 550 Security Plan $53M · 3,624
- The Profit Sharing and Retirement Plan for the Mountain Company and the Laurel Management Group, Inc. $49M · 274
- Plumbers & Pipefitters Local 625 Pension Plan $43M · N/A
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 (Profit Sharing, $157M, 5,755 participants)
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to West Virginia Laborers Profit Sharing Plan by total assets, not by location.
- New Jersey B.a.C. Annuity Fund (NJ) $151M · 1,453
- Local 550 Annuity Plan (MA) $150M · 786
- Sheet Metal Workers Local Union No 25 New Jersey Annuity Fund (NJ) $149M · 411
- St. Lawrence Health System 403(b) Retirement Plan (NY) $149M · 2,075
Frequently Asked Questions
How did West Virginia Laborers Profit Sharing Plan assets move in 2023? ▼
How have West Virginia Laborers plan assets changed over time? ▼
Where does West Virginia Laborers Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Which Profit Sharing plans are similar in size to West Virginia Laborers Profit Sharing Plan? ▼
Next read for West Virginia Laborers Profit Sharing Pl…
Filing takeaways
Ways to act on West Virginia Laborers Profit Sharing Plan's numbers.
- By total assets, West Virginia Laborers Profit Sharing Plan ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in West Virginia. Compare plans
- West Virginia Laborers's sponsor-wide assets have grown 14.8% since 2022 across 3 plan years on file. More Construction plans