Profit Sharing · DOL Form 5500 · 2023

Operative Plasterers Local No. 7 Pension Fund Board of Trustees Profit Sharing Plan

Data updated 2026-08-11

$55M
Total assets
390
Participants
86th
Percentile by assets
$141,674
Avg per participant
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Official DOL plan name: Operative Plasterers Local No. 7 Pension Fund · Sponsored by Operative Plasterers Local No. 7 Pension Fund Board of Trustees · Ohio · Finance & Insurance

$55M in assets, 390 participants

Operative Plasterers Local No. 7 Pension Fund Board of Trustees's Operative Plasterers Local No. 7 Pension Fund reported $55M in total assets and 390 participants in its 2023 DOL Form 5500 filing, ranking in the 86th 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.

  • 86th percentile by assets (of 127,072 plans)
  • #7,037 in Finance & Insurance (8,869 peers)

Where Operative Plasterers Local No. 7 Pension Fund sits by assets

Operative Plasterers Local No. 7 Pension Fund sits in the top quartile of all filed plans by assets, $55M for 390 participants (~$141,674/participant), up 12.6% in 2023.

$55M
total plan assets (2023 EOY)
390
covered participants
86th
percentile by assets (of 127,072 plans)
$141,674
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Operative Plasterers Local No. 7 Pension Fund reported net income rose from $2M in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • Operative Plasterers Local No. 7 Pension Fund end-of-year assets rose from $49M in the plan year 2022 filing to $55M in the plan year 2023 filing.
  • Operative Plasterers Local No. 7 Pension Fund reported participants rose from 360 in the plan year 2022 filing to 390 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Operative Plasterers Local No. 7 Pension Fund vs the 2023 asset distribution

By assets, Operative Plasterers Local No. 7 Pension Fund outranks 86% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 0.6x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$49M
Net Assets (End of Year)$55M
Net Income$6M
Employer EIN341427588
Plan Effective Date1982-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Operative Plasterers Local No. 7 Pension Fund Board of Trustees)

$45M$50M$55M$60M$65M 202220232024 $49.1M $59.1M â–˛ +20.4%
Total plan assets by year, all Operative Plasterers Local No. 7 Pension Fund Board of Trustees plans on file
Year Plans Participants Total Assets
2022 1 360 $49M
2023 1 390 $55M
2024 1 380 $59M

Nearby Profit Sharing Plans in Ohio

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

Operative Plasterers Local No. 7 Pension Fund vs. nearby Profit Sharing plans in Ohio, assets vs. participants

Operative Plasterers Local No. 7 Pension Fund vs. nearby Profit Sharing plans in Ohio, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -0.500.511.52 Total assets ($B) Participants Operative Plasterers…Cleveland Clinic Inv…Masterbrand, Inc. Re…The Employer Retirem…Three Rivers Annuity…Holzer Health System…
Operative Plasterers Local No. 7 Pension Fund vs. nearby Profit Sharing plans in Ohio, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Operative Plasterers Local No. 7 Pension Fund by total assets, not by location.

Frequently Asked Questions

How did Operative Plasterers Local No. 7 Pension Fund assets move in 2023?
Operative Plasterers Local No. 7 Pension Fund grew at a solid clip - up 12.6% during 2023, from $49M to $55M. Reported net income was $6M.
How have Operative Plasterers Local No. 7 Pension Fund Board of Trustees plan assets changed over time?
Across 3 plan years on file (2022-2024), Operative Plasterers Local No. 7 Pension Fund Board of Trustees's sponsor-wide assets grew 20.4%, from $49M to $59M.
Where does Operative Plasterers Local No. 7 Pension Fund rank by assets among Form 5500 filers?
Operative Plasterers Local No. 7 Pension Fund ranks in the 86th 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 Operative Plasterers Local No. 7 Pension Fund?
Among Profit Sharing plans in other states, the closest by assets is Schnuck Markets, Inc. Profit Sharing Plan in MO ($55M, 755 participants).

Next read for Operative Plasterers Local No. 7 Pension…

Scale reading

Ways to act on Operative Plasterers Local No. 7 Pension Fund's numbers.