Other · DOL Form 5500 · 2023

Asbestos Workers Local Union Defined Contribution Plan Retirement Plan

Data updated 2026-08-25

$2M
Total assets Small plan by assets
170
Participants Small participant base
31st
Percentile by assets National rank
$11,888
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Asbestos Workers Local Union 55 Defined Contribution Plan · Sponsored by Asbestos Workers Local Union Defined Contribution Plan · Alabama · Construction

$2M in assets, 170 participants

Asbestos Workers Local Union Defined Contribution Plan's Asbestos Workers Local Union 55 Defined Contribution Plan reported $2M in total assets and 170 participants in its 2023 DOL Form 5500 filing, ranking in the 31st 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.

  • #2,556 in Construction (9,030 peers)

Coverage in Alabama

Asbestos Workers Local Union 55 Defined Contribution Plan covers 170 participants in Alabama, about 47% of the average Alabama filer (state average ~360 per filing). Assets: $2M.

#2,556
in Construction (9,030 peers)
+7.5%
assets growth YoY

Asbestos Workers Local Union 55 Defined Contribution Plan among the smaller filed plans by assets

Asbestos Workers Local Union 55 Defined Contribution Plan vs every filed plan by assets

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

$2,020,951 31st percentile higher than 31% 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

Asbestos Workers Local Union 55 Defined Contribution Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Asbestos Workers Local Union 55 Defined Contribution Plan sits mid-pack in the medium band (170 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Asbestos Workers Local Union 55 Defined Contribution Plan reported net income rose from $73K in the plan year 2022 filing to $154K in the plan year 2023 filing.
  • Asbestos Workers Local Union 55 Defined Contribution Plan reported participants rose from 141 in the plan year 2022 filing to 170 in the plan year 2023 filing.
  • Asbestos Workers Local Union 55 Defined Contribution Plan end-of-year assets rose from $2M in the plan year 2022 filing to $2M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 631209476 · Asbestos Workers Local Union Defined Contribution Plan PY 2023 · Other

Asbestos Workers Local Union 55 Defined Contribution Plan · $2M · 170 · 31st

  • PCT $2M
  • PCT 170
  • PCT 31st
  • PCT Other
  • PCT near Valley Vista Care Corporation 403(b) Employee Savings Plan
  • PCT ind #2556

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 Alabama →

Asbestos Workers Local Union 55 Defined Contribution Plan in the asset neighbourhood

Chicago Futabakai Japanese School Employee Pension PlanChicago Futabakai Japanese S…$2MAsbestos Workers Local Union 55 Defined Contribution PlanAsbestos Workers Local Union…$2MValley Vista Care Corporation 403(b) Employee Savings PlanValley Vista Care Corporatio…$2MDimmit Regional Hospital 403(b) PlanDimmit Regional Hospital 403…$2MDimmit Regional Hospital 403(b) PlanDimmit Regional Hospital 403…$2M
End-of-year total assets ($M) among Asbestos Workers Local Union 55 Defined Contribution Plan and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2023.

Alabama filing particulars

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$2M
Net Income$154K
Employer EIN631209476
Plan Effective Date1998-11-13
Filing StatusFILING RECEIVED

Sponsor Plan History (Asbestos Workers Local Union Defined Contribution Plan)

Sponsor-wide plan assets over time

All Asbestos Workers Local Union Defined Contribution Plan plans reported in each filing year

Latest sponsor-wide plan assets
$2M 6.458278030140617% vs 2022
2024 filing year
$1.85M$1.9M$1.95M$2M$2.05M 202220232024 $1.88M $2M ▲ +6.4%
Year Plans Participants Total Assets
2022 1 141 $2M
2023 1 170 $2M
2024 1 164 $2M

Nearby Other Plans in Alabama

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

Asbestos Workers Local Union 55 Defined Contribution Plan vs. nearby Other plans in Alabama, assets vs. participants Scatter plot of 6 data points. -1000010002000300040005000 -0.500.511.5 Total assets ($B) Participants Asbestos Workers Local Union 55 Defined Contribution Plan, Total assets ($B): 0.002020951 · Participants: 170Asbestos Workers Local Union 55 Defined Contribution PlanUniversity of Alabama Health Services Foundation P.C. 403(b) Retirement Annuity Plan, Total assets ($B): 1.369303126 · Participants: 4563University of Alabama Health Services Foundation P.C. 403(b) Retirement Annuity PlanDrummond Company, Inc. Savings Plan for Salaried Employees, Total assets ($B): 0.119179693 · Participants: 451Drummond Company, Inc. Savings Plan for Salaried EmployeesSamford University 403(b) Salary Deferral and Defined Contribution Plan, Total assets ($B): 0.108027518 · Participants: 1619Samford University 403(b) Salary Deferral and Defined Contribution PlanUab Medicine Enterprise 403(b) Retirement Plan, Total assets ($B): 0.08743911 · Participants: 543Uab Medicine Enterprise 403(b) Retirement PlanBirmingham-Southern College Defined Contribution and Tax Deferred Annuity Plan, Total assets ($B): 0.084866155 · Participants: 464Birmingham-Southern College Defined Contribution and Tax Deferred Annuity Plan
Asbestos Workers Local Union 55 Defined Contribution Plan vs. nearby Other plans in Alabama, assets vs. participants

Asbestos Workers Local Union 55 Defined Contribution Plan's out-of-state Other peers by assets and headcount

Outside Alabama, the nearest Other by assets is Valley Vista Care Corporation 403(b) Employee Savings Plan in ID ($2M); by covered participants it is Peninsula Institute for Community Health Inc 403(b) Plan in VA (170 participants). Same-state nearby plans are listed separately above.

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 Asbestos Workers Local Union 55 Defined Contribution Plan assets move in 2023?
Asbestos Workers Local Union 55 Defined Contribution Plan grew at a solid clip - up 7.5% during 2023, from $2M to $2M. Reported net income was $154K.
How have Asbestos Workers Local Union Defined Contribution Plan plan assets changed over time?
Across 3 plan years on file (2022-2024), Asbestos Workers Local Union Defined Contribution Plan's sponsor-wide assets grew 6.5%, from $2M to $2M.
Which Other plans are similar in size to Asbestos Workers Local Union 55 Defined Contribution Plan?
Among Other plans in other states, the closest by assets is Valley Vista Care Corporation 403(b) Employee Savings Plan in ID ($2M, 183 participants).
Which Other plans cover a similar participant headcount to Asbestos Workers Local Union 55 Defined Contribution Plan?
Among Other plans in other states, the closest by covered participants is Peninsula Institute for Community Health Inc 403(b) Plan in VA (170 participants, $9M in assets).