Profit Sharing · DOL Form 5500 · 2023

Board of Trustees Laborers Local 231 Annuity Fund Profit Sharing Plan

Data updated 2026-08-11

$35M
Total assets: 745
Participants: 81st
Percentile by assets: $46,998
Avg per participant

Official DOL plan name: Laborers Local 231 Annuity Fund · Sponsored by Board of Trustees Laborers Local 231 Annuity Fund · Illinois · Construction

$35M in assets, 745 participants

Board of Trustees Laborers Local 231 Annuity Fund's Laborers Local 231 Annuity Fund reported $35M in total assets and 745 participants in its 2023 DOL Form 5500 filing, ranking in the 81st 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.

81st percentile by assets (of 127,072 plans)
#7,194 in Construction (9,030 peers)

Where Laborers Local 231 Annuity Fund sits by assets

Laborers Local 231 Annuity Fund sits in the top quartile of all filed plans by assets, $35M for 745 participants (~$46,998/participant), up 8.9% in 2023.

$35M
total plan assets (2023 EOY): 745
covered participants: 81st
percentile by assets (of 127,072 plans): $46,998
avg assets per participant

Laborers Local 231 Annuity Fund end-of-year assets rose from $32M in the plan year 2022 filing to $35M in the plan year 2023 filing.
Laborers Local 231 Annuity Fund reported participants rose from 711 in the plan year 2022 filing to 745 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Illinois

Industry

Construction

Laborers Local 231 Annuity Fund vs the 2023 asset distribution

By assets, Laborers Local 231 Annuity Fund outranks 81% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 0.4x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)	$32M
Net Assets (End of Year)	$35M
Net Income	$3M
Employer EIN	371230607
Plan Effective Date	1988-05-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Board of Trustees Laborers Local 231 Annuity Fund)

Total plan assets by year, all Board of Trustees Laborers Local 231 Annuity Fund plans on file

Year	Plans	Participants	Total Assets
2022	1	711	$32M
2023	1	745	$35M
2024	1	766	$41M

Nearby Profit Sharing Plans in Illinois

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

Laborers Local 231 Annuity Fund vs. nearby Profit Sharing plans in Illinois, assets vs. participants

W. W. Grainger, Inc. Retirement Savings Plan $3.5B · 18,524
Electrical Contractors Assoc. of the City of Chgo Union 134, IBEW Joint Pension Trust of Chgo Plan 5 $3.2B · 23,108
Mcmaster-Carr Supply Company Profit Sharing Trust $2.7B · 4,366
Mid-America Carpenters Regional Council Supplemental Retirement Plan $1.8B · 16,214
Carle Foundation Hospital and Affiliates Matching Tsa Plan $1.2B · 15,604

Compare Laborers Local 231 Annuity Fund side-by-side with 3 peers →

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Laborers Local 231 Annuity Fund by total assets, not by location.

Greenbaum, Rowe, Smith & Davis LLP Retirement Plan and Trust (NJ) $35M · 125
Buffalo Laborers Security Fund (NY) $35M · 1,208
First National Bank of Pulaski Profit Sharing Plan (TN) $35M · 147
IBEW Local No. 607 Annuity Fund (NJ) $35M · 207

Frequently Asked Questions

How did Laborers Local 231 Annuity Fund assets move in 2023? ▼

Laborers Local 231 Annuity Fund grew at a solid clip - up 8.9% during 2023, from $32M to $35M. Reported net income was $3M.

How have Board of Trustees Laborers Local 231 Annuity Fund plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Board of Trustees Laborers Local 231 Annuity Fund's sponsor-wide assets grew 26.7%, from $32M to $41M.

Where does Laborers Local 231 Annuity Fund rank by assets among Form 5500 filers? ▼

Laborers Local 231 Annuity Fund ranks in the 81st percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).

Which Profit Sharing plans are similar in size to Laborers Local 231 Annuity Fund? ▼

Among Profit Sharing plans in other states, the closest by assets is Greenbaum, Rowe, Smith & Davis LLP Retirement Plan and Trust in NJ ($35M, 125 participants).

Next read for Laborers Local 231 Annuity Fund

Scale reading

Ways to act on Laborers Local 231 Annuity Fund's numbers.

By total assets, Laborers Local 231 Annuity Fund ranks in the top quartile of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Profit Sharing plans in Illinois. Compare plans
Board of Trustees Laborers Local 231 Annuity Fund's sponsor-wide assets have grown 26.7% since 2022 across 3 plan years on file. More Construction plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 371230607.