Profit Sharing · DOL Form 5500 · 2023
Board of Trustees of the Northern Ohio Laborers Psap Profit Sharing Plan
Data updated 2026-08-11
- $36M
- Total assets
- 1,137
- Participants
- 82nd
- Percentile by assets
- $31,546
- Avg per participant
Official DOL plan name: Northern Ohio Laborers' Profit Sharing Annuity Plan · Sponsored by Board of Trustees of the Northern Ohio Laborers Psap · Ohio · Construction
$36M in assets, 1,137 participants
Board of Trustees of the Northern Ohio Laborers Psap's Northern Ohio Laborers' Profit Sharing Annuity Plan reported $36M in total assets and 1,137 participants in its 2023 DOL Form 5500 filing, ranking in the 82nd 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.
- 82nd percentile by assets (of 127,072 plans)
- #7,220 in Construction (9,030 peers)
Where Northern Ohio Laborers' Profit Sharing Annuity Plan sits by assets
Northern Ohio Laborers' Profit Sharing Annuity Plan sits in the top quartile of all filed plans by assets, $36M for 1,137 participants (~$31,546/participant), up 11.0% in 2023.
- $36M
- total plan assets (2023 EOY)
- 1,137
- covered participants
- 82nd
- percentile by assets (of 127,072 plans)
- $31,546
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Northern Ohio Laborers' Profit Sharing Annuity Plan reported participants fell from 1,850 in the plan year 2022 filing to 1,137 in the plan year 2023 filing.
- Northern Ohio Laborers' Profit Sharing Annuity Plan reported net income rose from $3M in the plan year 2022 filing to $4M in the plan year 2023 filing.
- Northern Ohio Laborers' Profit Sharing Annuity Plan end-of-year assets rose from $32M in the plan year 2022 filing to $36M in the plan year 2023 filing.
Northern Ohio Laborers' Profit Sharing Annuity Plan vs the 2023 asset distribution
By assets, Northern Ohio Laborers' Profit Sharing Annuity Plan outranks 82% 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) | $36M |
| Net Income | $4M |
| Employer EIN | 821156653 |
| Plan Effective Date | 2017-05-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees of the Northern Ohio Laborers Psap)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 1,850 | $32M |
| 2023 | 1 | 1,137 | $36M |
| 2024 | 1 | 1,180 | $40M |
Nearby Profit Sharing Plans in Ohio
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
Northern Ohio Laborers' Profit Sharing Annuity Plan vs. nearby Profit Sharing plans in Ohio, assets vs. participants
- Cleveland Clinic Investment Pension Plan $1.5B · 48,582
- Masterbrand, Inc. Retirement Savings Plan $485M · 7,345
- The Employer Retirement Savings Plan- Premier Health Partners $228M · 11,923
- Three Rivers Annuity Fund $199M · 1,460
- Holzer Health System 401a Profit Sharing Plan $175M · 1,779
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Northern Ohio Laborers' Profit Sharing Annuity Plan by total assets, not by location.
- Penobscot Community Health Center 403(b) Plan (ME) $36M · 805
- Eppendorf North America, Inc. Profit Sharing Plan (CT) $36M · 314
- Eclc of New Jersey Retirement Plan (NJ) $36M · 377
- Moody Bible Institute Match Savings Plan (IL) $36M · 1,570
Frequently Asked Questions
How did Northern Ohio Laborers' Profit Sharing Annuity Plan assets move in 2023? ▼
How have Board of Trustees of the Northern Ohio Laborers Psap plan assets changed over time? ▼
Where does Northern Ohio Laborers' Profit Sharing Annuity Plan rank by assets among Form 5500 filers? ▼
Which Profit Sharing plans are similar in size to Northern Ohio Laborers' Profit Sharing Annuity Plan? ▼
Next read for Northern Ohio Laborers' Profit Sharing A…
Scale reading
Ways to act on Northern Ohio Laborers' Profit Sharing Annuity Plan's numbers.
- By total assets, Northern Ohio Laborers' Profit Sharing Annuity Plan 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 Ohio. Compare plans
- Board of Trustees of the Northern Ohio Laborers Psap's sponsor-wide assets have grown 22.7% since 2022 across 3 plan years on file. More Construction plans