Profit Sharing · DOL Form 5500 · 2023

Bd Tees Asbestos Wrks L 24 Pen Fd Profit Sharing Plan

Data updated 2026-08-11

$26M
Total assets: 1,867
Participants: 77th
Percentile by assets: $13,909
Avg per participant

Official DOL plan name: Asbestos Workers L 24 Def Contrib Pen Plan · Sponsored by Bd Tees Asbestos Wrks L 24 Pen Fd · Maryland · Construction

$26M in assets, 1,867 participants

Bd Tees Asbestos Wrks L 24 Pen Fd's Asbestos Workers L 24 Def Contrib Pen Plan reported $26M in total assets and 1,867 participants in its 2023 DOL Form 5500 filing, ranking in the 77th 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.

77th percentile by assets (of 127,072 plans)
#6,816 in Construction (9,030 peers)

Coverage in Maryland

Asbestos Workers L 24 Def Contrib Pen Plan covers 1,867 participants in Maryland, 2.0x the typical Maryland plan (state average ~929 per filing). Assets: $26M.

$26M
total plan assets (2023 EOY): 1,867
covered participants: 77th
percentile by assets (of 127,072 plans): $13,909
avg assets per participant

Asbestos Workers L 24 Def Contrib Pen Plan end-of-year assets rose from $24M in the plan year 2022 filing to $26M in the plan year 2023 filing.
Asbestos Workers L 24 Def Contrib Pen Plan reported net income rose from $2M in the plan year 2022 filing to $2M in the plan year 2023 filing.
Asbestos Workers L 24 Def Contrib Pen Plan reported participants fell from 1,941 in the plan year 2022 filing to 1,867 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Maryland

Industry

Construction

Participants vs Maryland filers

In Maryland, the average filing covers about 929 participants across 2,484 plans. Asbestos Workers L 24 Def Contrib Pen Plan reports 1,867 participants - 2.0x that state average ($26M EOY assets).

Maryland filing particulars

Total Assets (Beginning of Year)	$24M
Net Assets (End of Year)	$26M
Net Income	$2M
Employer EIN	526117923
Plan Effective Date	1985-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Bd Tees Asbestos Wrks L 24 Pen Fd)

Total plan assets by year, all Bd Tees Asbestos Wrks L 24 Pen Fd plans on file

Year	Plans	Participants	Total Assets
2022	2	2,411	$114M
2023	2	2,351	$123M
2024	2	2,204	$136M

Nearby Profit Sharing Plans in Maryland

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

Asbestos Workers L 24 Def Contrib Pen Plan vs. nearby Profit Sharing plans in Maryland, assets vs. participants

Sprinkler Industry Supplemental Pension Fund $2.6B · 25,150
Nfl Player Annuity Program $1.7B · 2,736
Major League Baseball Players Investment Plan $1.1B · 4,293
International Painters and Allied Trades Industry Annuity Plan $622M · 10,625
Nfl Player Capital Accumulation Plan $617M · 2,701

Compare Asbestos Workers L 24 Def Contrib Pen Pl… side-by-side with 3 peers →

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Asbestos Workers L 24 Def Contrib Pen Plan by total assets, not by location.

James E. Nave, D. V. M. , Tropicana Veterinary Clinic, Ltd. Profit Sharing Plan and Trust (NV) $26M · 32
Janart Equities, Inc. Pension Plan Trust (Psp) (NY) $26M · 1
Construction and General Laborers Local 190 Annuity Plan (NY) $26M · 1,743
Southwestern College Employee Retirement Plan (KS) $26M · 266

Frequently Asked Questions

How did Asbestos Workers L 24 Def Contrib Pen Plan assets move in 2023? ▼

Asbestos Workers L 24 Def Contrib Pen Plan grew at a solid clip - up 10.0% during 2023, from $24M to $26M. Reported net income was $2M.

How have Bd Tees Asbestos Wrks L 24 Pen Fd plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Bd Tees Asbestos Wrks L 24 Pen Fd's sponsor-wide assets grew 19.7%, from $114M to $136M.

Where does Asbestos Workers L 24 Def Contrib Pen Plan rank by assets among Form 5500 filers? ▼

Asbestos Workers L 24 Def Contrib Pen Plan ranks in the 77th 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 L 24 Def Contrib Pen Plan? ▼

Among Profit Sharing plans in other states, the closest by assets is James E. Nave, D. V. M. , Tropicana Veterinary Clinic, Ltd. Profit Sharing Plan and Trust in NV ($26M, 32 participants).

Next read for Asbestos Workers L 24 Def Contrib Pen Pl…

Filing takeaways

Ways to act on Asbestos Workers L 24 Def Contrib Pen Plan's numbers.

By total assets, Asbestos Workers L 24 Def Contrib Pen 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 Maryland. Compare plans
Bd Tees Asbestos Wrks L 24 Pen Fd's sponsor-wide assets have grown 19.7% since 2022 across 3 plan years on file. More Construction plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 526117923.