Profit Sharing · DOL Form 5500 · 2023

Trustees of Buffalo Laborers Security Fund Profit Sharing Plan

Data updated 2026-08-25

$35M
Total assets Below avg plan size
1,208
Participants Near avg headcount
81st
Percentile by assets National rank
$28,874
Avg per participant Low balance/head
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Official DOL plan name: Buffalo Laborers Security Fund · Sponsored by Trustees of Buffalo Laborers Security Fund · New York · Construction

$35M in assets, 1,208 participants

Trustees of Buffalo Laborers Security Fund's Buffalo Laborers Security Fund reported $35M in total assets and 1,208 participants in its 2023 DOL Form 5500 filing, ranking in the 81st 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.

  • #7,190 in Construction (9,030 peers)

Where Buffalo Laborers Security Fund sits by assets

Buffalo Laborers Security Fund sits in the top quartile of all filed plans by assets, $35M for 1,208 participants (~$28,874/participant), up 24.0% in 2023.

#7,190
in Construction (9,030 peers)
+24.0%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Buffalo Laborers Security Fund's outsized position by total assets

Buffalo Laborers Security Fund vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$34,880,040 Top 19% higher than 81% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Buffalo Laborers Security Fund's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Buffalo Laborers Security Fund lands in the large band (1,208 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Buffalo Laborers Security Fund reported net income rose from $1M in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • Buffalo Laborers Security Fund end-of-year assets rose from $28M in the plan year 2022 filing to $35M in the plan year 2023 filing.
  • Buffalo Laborers Security Fund reported participants fell from 1,282 in the plan year 2022 filing to 1,208 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 161605100 · Trustees of Buffalo Laborers Security Fund PY 2023 · Profit Sharing

Buffalo Laborers Security Fund · $35M · 1,208 · 81st

  • TYPE $35M
  • TYPE 1,208
  • TYPE 81st
  • TYPE Profit Sharing
  • TYPE near Il Federation of Teachers Pension Plan
  • TYPE ind #7190

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Construction retirement plans → · Plans in New York →

Buffalo Laborers Security Fund in the asset neighbourhood

Greenbaum, Rowe, Smith & Davis LLP Retirement Plan and TrustGreenbaum, Rowe, Smith & Dav…$35MLaborers Local 231 Annuity FundLaborers Local 231 Annuity F…$35MIl Federation of Teachers Pension PlanIl Federation of Teachers Pe…$35MBuffalo Laborers Security FundBuffalo Laborers Security Fu…$35MDanaher Corporation & Subsidiaries Puerto Rico Savings PlanDanaher Corporation & Subsid…$35M
End-of-year total assets ($M) among Buffalo Laborers Security Fund and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$28M
Net Assets (End of Year)$34M
Net Income$6M
Employer EIN161605100
Plan Effective Date2001-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Trustees of Buffalo Laborers Security Fund)

Sponsor-wide plan assets over time

All Trustees of Buffalo Laborers Security Fund plans reported in each filing year

Latest sponsor-wide plan assets
$42M 49.46653062019865% vs 2022
2024 filing year
$25M$30M$35M$40M$45M 202220232024 $28.1M $42M ▲ +49.5%
Year Plans Participants Total Assets
2022 1 1,282 $28M
2023 1 1,208 $35M
2024 1 1,099 $42M

Nearby Profit Sharing Plans in New York

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

Buffalo Laborers Security Fund vs. nearby Profit Sharing plans in New York, assets vs. participants Scatter plot of 6 data points. 05000100001500020000 -0.500.511.522.5 Total assets ($B) Participants Buffalo Laborers Security Fund, Total assets ($B): 0.03488004 · Participants: 1208Buffalo Laborers Security FundAnnuity Plan of the Electrical Industry, Total assets ($B): 2.210433172 · Participants: 18907Annuity Plan of the Electrical IndustryAnnuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIO, Total assets ($B): 1.870067356 · Participants: 3402Annuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIOAnnuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIO, Total assets ($B): 1.660408686 · Participants: 5807Annuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIOThe Research Foundation for Suny Retirement Plan, Total assets ($B): 1.177491602 · Participants: 10120The Research Foundation for Suny Retirement PlanMason Tenders District Council Annuity Fund, Total assets ($B): 0.912972009 · Participants: 11237Mason Tenders District Council Annuity Fund
Buffalo Laborers Security Fund vs. nearby Profit Sharing plans in New York, assets vs. participants

Buffalo Laborers Security Fund's out-of-state Profit Sharing peers by assets and headcount

Outside New York, the nearest Profit Sharing by assets is Il Federation of Teachers Pension Plan in IL ($35M); by covered participants it is Citrus Health Network, Inc. ERISA 403(b) Plan in FL (1,207 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,208 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Buffalo Laborers Security Fund assets move in 2023? ▼
Buffalo Laborers Security Fund grew sharply - up 24.0% during 2023, from $28M to $35M. Reported net income was $6M.
How have Trustees of Buffalo Laborers Security Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Trustees of Buffalo Laborers Security Fund's sponsor-wide assets grew 49.5%, from $28M to $42M.
Where does Buffalo Laborers Security Fund rank by assets among Form 5500 filers? ▼
Buffalo Laborers Security Fund ranks in the 81st 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 Buffalo Laborers Security Fund? ▼
Among Profit Sharing plans in other states, the closest by assets is Il Federation of Teachers Pension Plan in IL ($35M, 84 participants).
Which Profit Sharing plans cover a similar participant headcount to Buffalo Laborers Security Fund? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Citrus Health Network, Inc. ERISA 403(b) Plan in FL (1,207 participants, $8M in assets).