Profit Sharing · DOL Form 5500 · 2023

Central New York Laborers' Annuity Fund Board of Trustees Profit Sharing Plan

Data updated 2026-08-11

$17M
Total assets
221
Participants
69th
Percentile by assets
$76,173
Avg per participant
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Official DOL plan name: Central New York Laborers' Annuity Fund · Sponsored by Central New York Laborers' Annuity Fund Board of Trustees · New York · Finance & Insurance

$17M in assets, 221 participants

Central New York Laborers' Annuity Fund Board of Trustees's Central New York Laborers' Annuity Fund reported $17M in total assets and 221 participants in its 2023 DOL Form 5500 filing, ranking in the 69th 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.

  • 69th percentile by assets (of 127,072 plans)
  • #4,884 in Finance & Insurance (8,869 peers)

Coverage in New York

Central New York Laborers' Annuity Fund covers 221 participants in New York, about 28% of the average New York filer (state average ~798 per filing). Assets: $17M.

$17M
total plan assets (2023 EOY)
221
covered participants
69th
percentile by assets (of 127,072 plans)
$76,173
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Central New York Laborers' Annuity Fund reported net income rose from -$215K in the plan year 2022 filing to $799K in the plan year 2023 filing.
  • Central New York Laborers' Annuity Fund reported participants fell from 270 in the plan year 2022 filing to 221 in the plan year 2023 filing.
  • Central New York Laborers' Annuity Fund end-of-year assets rose from $16M in the plan year 2022 filing to $17M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Participants vs New York filers

In New York, the average filing covers about 798 participants across 9,061 plans. Central New York Laborers' Annuity Fund reports 221 participants - about 28% of that state average ($17M EOY assets).

New York filing particulars

Total Assets (Beginning of Year)$16M
Net Assets (End of Year)$17M
Net Income$799K
Employer EIN161229376
Plan Effective Date1984-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Central New York Laborers' Annuity Fund Board of Trustees)

$15M$16M$17M$18M$19M 202220232024 $16.1M $18.4M ▲ +14.4%
Total plan assets by year, all Central New York Laborers' Annuity Fund Board of Trustees plans on file
Year Plans Participants Total Assets
2022 1 270 $16M
2023 1 221 $17M
2024 1 254 $18M

Nearby Profit Sharing Plans in New York

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

Central New York Laborers' Annuity Fund vs. nearby Profit Sharing plans in New York, assets vs. participants

Central New York Laborers' Annuity Fund vs. nearby Profit Sharing plans in New York, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -0.500.511.522.5 Total assets ($B) Participants Central New York Lab…Annuity Plan of the …Annuity Fund Iuoe Lo…Annuity Fd of the Iu…The Research Foundat…Mason Tenders Distri…
Central New York Laborers' Annuity Fund vs. nearby Profit Sharing plans in New York, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Central New York Laborers' Annuity Fund by total assets, not by location.

Frequently Asked Questions

How did Central New York Laborers' Annuity Fund assets move in 2023?
Central New York Laborers' Annuity Fund edged up modestly - up 4.9% during 2023, from $16M to $17M. Reported net income was $799K.
How have Central New York Laborers' Annuity Fund Board of Trustees plan assets changed over time?
Across 3 plan years on file (2022-2024), Central New York Laborers' Annuity Fund Board of Trustees's sponsor-wide assets grew 14.4%, from $16M to $18M.
Which Profit Sharing plans are similar in size to Central New York Laborers' Annuity Fund?
Among Profit Sharing plans in other states, the closest by assets is Bedford Nugent Corp. Employees Profit Sharing Plan in IN ($17M, 2 participants).

Next read for Central New York Laborers' Annuity Fund

Filing takeaways

Ways to act on Central New York Laborers' Annuity Fund's numbers.

  • By total assets, Central New York Laborers' Annuity Fund ranks above the median plan by assets. See the largest plans
  • Compare it side-by-side against 3 similar Profit Sharing plans in New York. Compare plans
  • Central New York Laborers' Annuity Fund Board of Trustees's sponsor-wide assets have grown 14.4% since 2022 across 3 plan years on file. More Finance & Insurance plans