Money Purchase · DOL Form 5500 · 2023

Painters Annuity Council No. 35 Annuity Fund Money Purchase Plan

Data updated 2026-08-11

$491M
Total assets
2,917
Participants
97th
Percentile by assets
$168,464
Avg per participant
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Official DOL plan name: Painters and Allied Trades District Council No.35 Annuity Fund · Sponsored by Painters Annuity Council No. 35 Annuity Fund · Massachusetts · Construction

$491M in assets, 2,917 participants

Painters Annuity Council No. 35 Annuity Fund's Painters and Allied Trades District Council No.35 Annuity Fund reported $491M in total assets and 2,917 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.

  • 97th percentile by assets (of 127,072 plans)
  • #8,769 in Construction (9,030 peers)

Coverage in Massachusetts

Painters and Allied Trades District Council No.35 Annuity Fund covers 2,917 participants in Massachusetts, 4.4x the typical Massachusetts plan (state average ~659 per filing). Assets: $491M.

$491M
total plan assets (2023 EOY)
2,917
covered participants
97th
percentile by assets (of 127,072 plans)
$168,464
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Painters and Allied Trades District Council No.35 Annuity Fund reported net income rose from $29M in the plan year 2022 filing to $44M in the plan year 2023 filing.
  • Painters and Allied Trades District Council No.35 Annuity Fund end-of-year assets rose from $445M in the plan year 2022 filing to $491M in the plan year 2023 filing.
  • Painters and Allied Trades District Council No.35 Annuity Fund reported participants rose from 2,827 in the plan year 2022 filing to 2,917 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Industry

Participants vs Massachusetts filers

In Massachusetts, the average filing covers about 659 participants across 4,265 plans. Painters and Allied Trades District Council No.35 Annuity Fund reports 2,917 participants - 4.4x that state average ($491M EOY assets).

Massachusetts filing particulars

Total Assets (Beginning of Year)$445M
Net Assets (End of Year)$489M
Net Income$44M
Employer EIN222489316
Plan Effective Date1983-05-24
Filing StatusFILING RECEIVED

Sponsor Plan History (Painters Annuity Council No. 35 Annuity Fund)

$400M$450M$500M$550M 202220232024 $445M $527M ▲ +18.4%
Total plan assets by year, all Painters Annuity Council No. 35 Annuity Fund plans on file
Year Plans Participants Total Assets
2022 1 2,827 $445M
2023 1 2,917 $491M
2024 1 3,027 $527M

Nearby Money Purchase Plans in Massachusetts

Peer Money Purchase plans, same state, same plan type, ranked by total assets.

Painters and Allied Trades District Council No.35 Annuity Fund vs. nearby Money Purchase plans in Massachusetts, assets vs. participants

Painters and Allied Trades District Council No.35 Annuity Fund vs. nearby Money Purchase plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. 050001000015000 00.511.522.53 Total assets ($B) Participants Painters and Allied …The Mitre Corporatio…Retirement Income Pl…Massachusetts Labore…Harvard University D…Electrical Workers D…
Painters and Allied Trades District Council No.35 Annuity Fund vs. nearby Money Purchase plans in Massachusetts, assets vs. participants

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to Painters and Allied Trades District Council No.35 Annuity Fund by total assets, not by location.

Frequently Asked Questions

How did Painters and Allied Trades District Council No.35 Annuity Fund assets move in 2023?
Painters and Allied Trades District Council No.35 Annuity Fund grew at a solid clip - up 10.4% during 2023, from $445M to $491M. Reported net income was $44M.
How have Painters Annuity Council No. 35 Annuity Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Painters Annuity Council No. 35 Annuity Fund's sponsor-wide assets grew 18.4%, from $445M to $527M.
Where does Painters and Allied Trades District Council No.35 Annuity Fund rank by assets among Form 5500 filers?
Painters and Allied Trades District Council No.35 Annuity Fund ranks in the 97th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which Money Purchase plans are similar in size to Painters and Allied Trades District Council No.35 Annuity Fund?
Among Money Purchase plans in other states, the closest by assets is Southern California Sheet Metal Workers' 401(a) Plan in CA ($490M, 4,054 participants).

Next read for Painters and Allied Trades District Coun…

Filing takeaways

Ways to act on Painters and Allied Trades District Council No.35 Annuity Fund's numbers.

  • By total assets, Painters and Allied Trades District Council No.35 Annuity Fund ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Money Purchase plans in Massachusetts. Compare plans
  • Painters Annuity Council No. 35 Annuity Fund's sponsor-wide assets have grown 18.4% since 2022 across 3 plan years on file. More Construction plans