Profit Sharing · DOL Form 5500 · 2023

Bd of Trustees Asbestos Workers Locals 80 and 51 Supplemental Pension Profit Sharing Plan

Data updated 2026-08-11

$46M
Total assets
2,683
Participants
85th
Percentile by assets
$16,976
Avg per participant
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Official DOL plan name: Asbestos Workers Locals 80 and 51 Supplemental Pension Plan · Sponsored by Bd of Trustees Asbestos Workers Locals 80 and 51 Supplemental Pension · Florida · Finance & Insurance

$46M in assets, 2,683 participants

Bd of Trustees Asbestos Workers Locals 80 and 51 Supplemental Pension's Asbestos Workers Locals 80 and 51 Supplemental Pension Plan reported $46M in total assets and 2,683 participants in its 2023 DOL Form 5500 filing, ranking in the 85th 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.

  • 85th percentile by assets (of 127,072 plans)
  • #6,771 in Finance & Insurance (8,869 peers)

Coverage in Florida

Asbestos Workers Locals 80 and 51 Supplemental Pension Plan covers 2,683 participants in Florida, 4.3x the typical Florida plan (state average ~628 per filing). Assets: $46M.

$46M
total plan assets (2023 EOY)
2,683
covered participants
85th
percentile by assets (of 127,072 plans)
$16,976
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Asbestos Workers Locals 80 and 51 Supplemental Pension Plan reported participants fell from 3,031 in the plan year 2022 filing to 2,683 in the plan year 2023 filing.
  • Asbestos Workers Locals 80 and 51 Supplemental Pension Plan end-of-year assets rose from $41M in the plan year 2022 filing to $46M in the plan year 2023 filing.

See the national 2023→2024 release diff →

State

Participants vs Florida filers

In Florida, the average filing covers about 628 participants across 6,617 plans. Asbestos Workers Locals 80 and 51 Supplemental Pension Plan reports 2,683 participants - 4.3x that state average ($46M EOY assets).

Florida filing particulars

Total Assets (Beginning of Year)$41M
Net Assets (End of Year)$46M
Net Income$5M
Employer EIN521863206
Plan Effective Date1994-02-21
Filing StatusFILING RECEIVED

Sponsor Plan History (Bd of Trustees Asbestos Workers Locals 80 and 51 Supplemental Pension)

$35M$40M$45M$50M$55M 202220232024 $40.9M $50.7M ▲ +24.0%
Total plan assets by year, all Bd of Trustees Asbestos Workers Locals 80 and 51 Supplemental Pension plans on file
Year Plans Participants Total Assets
2022 1 3,031 $41M
2023 1 2,683 $46M
2024 1 2,757 $51M

Nearby Profit Sharing Plans in Florida

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

Asbestos Workers Locals 80 and 51 Supplemental Pension Plan vs. nearby Profit Sharing plans in Florida, assets vs. participants

Asbestos Workers Locals 80 and 51 Supplemental Pension Plan vs. nearby Profit Sharing plans in Florida, assets vs. participants Scatter plot of 6 data points. 01000020000300004000050000 -20246 Total assets ($B) Participants Asbestos Workers Loc…Retirement Wealth Bu…Raymond James Financ…Orlando Health, Inc.…Shands Health Care M…American Maritime Of…
Asbestos Workers Locals 80 and 51 Supplemental Pension Plan vs. nearby Profit Sharing plans in Florida, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Asbestos Workers Locals 80 and 51 Supplemental Pension Plan by total assets, not by location.

Frequently Asked Questions

How did Asbestos Workers Locals 80 and 51 Supplemental Pension Plan assets move in 2023?
Asbestos Workers Locals 80 and 51 Supplemental Pension Plan grew at a solid clip - up 11.5% during 2023, from $41M to $46M. Reported net income was $5M.
How have Bd of Trustees Asbestos Workers Locals 80 and 51 Supplemental Pension plan assets changed over time?
Across 3 plan years on file (2022-2024), Bd of Trustees Asbestos Workers Locals 80 and 51 Supplemental Pension's sponsor-wide assets grew 24.0%, from $41M to $51M.
Where does Asbestos Workers Locals 80 and 51 Supplemental Pension Plan rank by assets among Form 5500 filers?
Asbestos Workers Locals 80 and 51 Supplemental Pension Plan ranks in the 85th 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 Asbestos Workers Locals 80 and 51 Supplemental Pension Plan?
Among Profit Sharing plans in other states, the closest by assets is Defined Contribution Plan for Secretarial Staff of Patterson Belknap Webb & Tyler LLP in NY ($46M, 95 participants).

Next read for Asbestos Workers Locals 80 and 51 Supple…

Filing takeaways

Ways to act on Asbestos Workers Locals 80 and 51 Supplemental Pension Plan's numbers.

  • By total assets, Asbestos Workers Locals 80 and 51 Supplemental Pension 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 Florida. Compare plans
  • Bd of Trustees Asbestos Workers Locals 80 and 51 Supplemental Pension's sponsor-wide assets have grown 24.0% since 2022 across 3 plan years on file. More Finance & Insurance plans