Profit Sharing · DOL Form 5500 · 2023

The Builders Exchange of the Southern Tier Inc. Profit Sharing Plan

Data updated 2026-08-11

$20M
Total assets
1,057
Participants
72nd
Percentile by assets
$18,543
Avg per participant
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Official DOL plan name: Southern Tier Building Trades Laborers Profit Sharing Plan · Sponsored by The Builders Exchange of the Southern Tier Inc. · New York · Construction

$20M in assets, 1,057 participants

The Builders Exchange of the Southern Tier Inc.'s Southern Tier Building Trades Laborers Profit Sharing Plan reported $20M in total assets and 1,057 participants in its 2023 DOL Form 5500 filing, ranking in the 72nd 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.

  • 72nd percentile by assets (of 127,072 plans)
  • #6,410 in Construction (9,030 peers)

The Builders Exchange of the Southern Tier Inc. multi-year trail

The Builders Exchange of the Southern Tier Inc.'s plans moved +17.7% in assets from 2022 to 2024; this filing shows Southern Tier Building Trades Laborers Profit Sharing Plan at $20M / 1,057 participants.

$20M
total plan assets (2023 EOY)
1,057
covered participants
72nd
percentile by assets (of 127,072 plans)
$18,543
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Southern Tier Building Trades Laborers Profit Sharing Plan reported net income rose from -$733K in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Southern Tier Building Trades Laborers Profit Sharing Plan end-of-year assets rose from $18M in the plan year 2022 filing to $20M in the plan year 2023 filing.
  • Southern Tier Building Trades Laborers Profit Sharing Plan reported participants rose from 1,039 in the plan year 2022 filing to 1,057 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

The Builders Exchange of the Southern Tier Inc. across 3 plan years on file

Across the 3 plan years The Builders Exchange of the Southern Tier Inc. has on file (2022-2024), sponsor-wide plan assets have moved from $28M to $33M, a gain of 17.7%, while reported participants moved from 1,174 to 1,215 (+3.5%). Peak year by sponsor assets: 2024 ($33M); trough: 2022 ($28M).

The Builders Exchange of the Southern Tier Inc. multi-year asset trail

$26M$28M$30M$32M$34M 202220232024 $28.2M $33.2M ▲ +17.7%
Total plan assets by year, all The Builders Exchange of the Southern Tier Inc. plans on file
Year Plans Participants Total Assets
2022 2 1,174 $28M
2023 2 1,189 $31M
2024 2 1,215 $33M

The Builders Exchange of the Southern Tier Inc. filing trail (2023)

Total Assets (Beginning of Year)$18M
Net Assets (End of Year)$20M
Net Income$2M
Employer EIN160810649
Plan Effective Date1987-07-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in New York

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

Southern Tier Building Trades Laborers Profit Sharing Plan vs. nearby Profit Sharing plans in New York, assets vs. participants

Southern Tier Building Trades Laborers Profit Sharing Plan 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 Southern Tier Buildi…Annuity Plan of the …Annuity Fund Iuoe Lo…Annuity Fd of the Iu…The Research Foundat…Mason Tenders Distri…
Southern Tier Building Trades Laborers Profit Sharing Plan vs. nearby Profit Sharing plans in New York, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Southern Tier Building Trades Laborers Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did Southern Tier Building Trades Laborers Profit Sharing Plan assets move in 2023?
Southern Tier Building Trades Laborers Profit Sharing Plan grew at a solid clip - up 9.7% during 2023, from $18M to $20M. Reported net income was $2M.
How have The Builders Exchange of the Southern Tier Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), The Builders Exchange of the Southern Tier Inc.'s sponsor-wide assets grew 17.7%, from $28M to $33M.
Which Profit Sharing plans are similar in size to Southern Tier Building Trades Laborers Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by assets is Dechert LLP Participant-Directed Retirement Plan No. 2 in PA ($20M, 292 participants).

Next read for Southern Tier Building Trades Laborers P…

Multi-year trail

Ways to act on Southern Tier Building Trades Laborers Profit Sharing Plan's numbers.

  • By total assets, Southern Tier Building Trades Laborers Profit Sharing Plan ranks above the median plan by assets. See the largest plans
  • Compare it side-by-side against 3 similar Profit Sharing plans in New York. Compare plans
  • The Builders Exchange of the Southern Tier Inc.'s sponsor-wide assets have grown 17.7% since 2022 across 3 plan years on file. More Construction plans