Money Purchase · DOL Form 5500 · 2023
Board of Trustees Local 1298 Annuity Fund Money Purchase Plan
Data updated 2026-08-25
- $269M
- Total assets Near avg plan size
- 1,482
- Participants Near avg headcount
- 96th
- Percentile by assets National rank
- $181,660
- Avg per participant Above avg balance/head
Official DOL plan name: Laborers Local 1298 of Nassau & Suffolk Counties Annuity Fund · Sponsored by Board of Trustees Local 1298 Annuity Fund · New York · Construction
$269M in assets, 1,482 participants
Board of Trustees Local 1298 Annuity Fund's Laborers Local 1298 of Nassau & Suffolk Counties Annuity Fund reported $269M in total assets and 1,482 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.
- #8,583 in Construction (9,030 peers)
Where Laborers Local 1298 of Nassau & Suffolk Counties Annuity Fund sits by assets
Laborers Local 1298 of Nassau & Suffolk Counties Annuity Fund sits in the top 5% of all filed plans by assets, $269M for 1,482 participants (~$181,660/participant), up 7.5% in 2023.
- #8,583
- in Construction (9,030 peers)
- +7.5%
- assets growth YoY
- 2.7×
- vs typical plan assets (national mean)
Laborers Local 1298 of Nassau & Suffolk Counties Annuity Fund's outsized position by total assets
Laborers Local 1298 of Nassau & Suffolk Counties Annuity Fund vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$269,220,526 Top 4% higher than 96% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Laborers Local 1298 of Nassau & Suffolk Counties Annuity 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. Laborers Local 1298 of Nassau & Suffolk Counties Annuity Fund lands in the large band (1,482 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Laborers Local 1298 of Nassau & Suffolk Counties Annuity Fund reported net income rose from $10M in the plan year 2022 filing to $19M in the plan year 2023 filing.
- Laborers Local 1298 of Nassau & Suffolk Counties Annuity Fund end-of-year assets rose from $250M in the plan year 2022 filing to $269M in the plan year 2023 filing.
EBSA filing schedule strip
Filing strip 112911064 · Board of Trustees Local 1298 Annuity Fund PY 2023 · Money Purchase
Laborers Local 1298 of Nassau & Suffolk Counties Annuity Fund · $269M · 1,482 · 96th
- PCT $269M
- EIN 1,482
- RANK 96th
- PHOTO Money Purchase
- IND near Meba Pension Trust-Money Purchase Benefit Plan
- EOY ind #8583
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 →
Laborers Local 1298 of Nassau & Suffolk Counties Annuity Fund in the asset neighbourhood
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $250M |
|---|---|
| Net Assets (End of Year) | $269M |
| Net Income | $19M |
| Employer EIN | 112911064 |
| Plan Effective Date | 1988-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees Local 1298 Annuity Fund)
Sponsor-wide plan assets over time
All Board of Trustees Local 1298 Annuity Fund plans reported in each filing year
- Latest sponsor-wide plan assets
- $282M 12.465304346427072% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 1,488 | $250M |
| 2023 | 1 | 1,482 | $269M |
| 2024 | 1 | 1,479 | $282M |
Nearby Money Purchase Plans in New York
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
- Tiaa Retirement Plan $5.3B · 12,501
- Young Men's Christian Association Retirement Fund Retirement Plan $3.7B · 43,490
- McKinsey & Company, Inc. (Mppp) Money Purchase Pension Plan $2.0B · 15,163
- Brookhaven Science Associates, LLC Retirement Plan $1.4B · 2,473
- Iron Workers Locals 40, 361 & 417 Annuity Fund $1.2B · 4,998
Laborers Local 1298 of Nassau & Suffolk Counties Annuity Fund's out-of-state Money Purchase peers by assets and headcount
Outside New York, the nearest Money Purchase by assets is Meba Pension Trust-Money Purchase Benefit Plan in MD ($270M); by covered participants it is IBEW Local Nos 570 & 518 and Southern Az Chap NECA Annuity in AZ (1,484 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($269M here).
- Meba Pension Trust-Money Purchase Benefit Plan (MD) $270M · 2,948
- Local Union 400 IBEW Joint Annuity Plan (NJ) $273M · 669
- Arkansas Chapter NECA-IBEW Retirement Plan (AR) $265M · 1,178
- Sharp Rees-Stealy Medical Group, Inc. Money Purchase Pension Plan (CA) $265M · 353
Similar participant headcount
Nearest other-state filings by covered participants (1,482 participants); asset peers above are excluded.
- IBEW Local Nos 570 & 518 and Southern Az Chap NECA Annuity (AZ) 1,484 · 2 off
- Jm Eagle Employees' Pension Plan (CA) 1,479 · 3 off
- Valmet, Inc. Pension Plan and Trust (GA) 1,488 · 6 off
- Ingram Marine Group Retirement Plan (TN) 1,465 · 17 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.