Profit Sharing · DOL Form 5500 · 2024

Bd of Trustees Heavy & General Laborers' of Nj Annuity Fund Profit Sharing Plan

Data updated 2026-08-25

$1.6B
Total assets Very large vs avg
8,865
Participants Very large workforce
99th
Percentile by assets National rank
$174,957
Avg per participant Above avg balance/head
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Official DOL plan name: Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan · Sponsored by Bd of Trustees Heavy & General Laborers' of Nj Annuity Fund · New Jersey · Construction

$1.6B in assets, 8,865 participants

Bd of Trustees Heavy & General Laborers' of Nj Annuity Fund's Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan reported $1.6B in total assets and 8,865 participants in its 2024 DOL Form 5500 filing, ranking in the 99th 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.

  • #8,954 in Construction (9,039 peers)

Coverage in New Jersey

Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan covers 8,865 participants in New Jersey, 10x the typical New Jersey plan (state average ~844 per filing). Assets: $1.6B.

#8,954
in Construction (9,039 peers)
+10.7%
assets growth YoY
16×
vs typical plan assets (national mean)

Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan's outsized position by total assets

Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$1,550,996,804 Top 1% higher than 99% of 123,620 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 2024

Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan lands in the large band (8,865 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan reported net income fell from $127M in the plan year 2023 filing to $102M in the plan year 2024 filing.
  • Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan end-of-year assets rose from $1.4B in the plan year 2023 filing to $1.6B in the plan year 2024 filing.
  • Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan reported participants rose from 8,602 in the plan year 2023 filing to 8,865 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 222331070 · Bd of Trustees Heavy & General Laborers' of Nj Annuity Fund PY 2024 · Profit Sharing

Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan · $1.6B · 8,865 · 99th

  • TYPE $1.6B
  • NET 8,865
  • BOOK 99th
  • VS-ST Profit Sharing
  • BOY near H-E-B Partner Stock Plan
  • SCH ind #8954

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 Jersey →

Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan in the asset neighbourhood

H-E-B Partner Stock Plan$1.6BHeavy & General Laborers' Local Unions 472 & 172 of Nj Annuity PlanHeavy & General Laborers' Lo…$1.6BCharter Communications, Inc. Retirement Accumulation PlanCharter Communications, Inc.…$1.5BMemorialcare Retirement Plan$1.4BThe Northwestern Mutual Life Insurance Company Agents Persistency Fee Guarantee FundThe Northwestern Mutual Life…$1.4B
End-of-year total assets ($B) among Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

New Jersey filing particulars

Total Assets (Beginning of Year)$1.4B
Net Assets (End of Year)$1.5B
Net Income$102M
Employer EIN222331070
Plan Effective Date1980-10-21
Filing StatusFILING RECEIVED

Sponsor Plan History (Bd of Trustees Heavy & General Laborers' of Nj Annuity Fund)

Sponsor-wide plan assets over time

All Bd of Trustees Heavy & General Laborers' of Nj Annuity Fund plans reported in each filing year

Latest sponsor-wide plan assets
$1.6B 19.27094725800545% vs 2022
2024 filing year
$1.2B$1.3B$1.4B$1.5B$1.6B 202220232024 $1.3B $1.55B ▲ +19.2%
Year Plans Participants Total Assets
2022 1 8,556 $1.3B
2023 1 8,602 $1.4B
2024 1 8,865 $1.6B

Nearby Profit Sharing Plans in New Jersey

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

Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan vs. nearby Profit Sharing plans in New Jersey, assets vs. participants Scatter plot of 6 data points. 020004000600080001000012000 00.511.522.53 Total assets ($B) Participants Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan, Total assets ($B): 1.550996804 · Participants: 8865Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity PlanErnst & Young Partnership Retirement (Hr-10) Plan, Total assets ($B): 2.537544692 · Participants: 1666Ernst & Young Partnership Retirement (Hr-10) PlanOperating Engineers Local 825 Profit Sharing Fund, Total assets ($B): 1.508059789 · Participants: 10365Operating Engineers Local 825 Profit Sharing FundIBEW Local Union No 102 Surety Plan, Total assets ($B): 0.684866455 · Participants: 2382IBEW Local Union No 102 Surety PlanKpmg Partner Retirement Savings Plan, Total assets ($B): 0.52416742 · Participants: 1704Kpmg Partner Retirement Savings PlanCooper Health System, Inc. Defined Contribution Retirement Plan, Total assets ($B): 0.359245002 · Participants: 7208Cooper Health System, Inc. Defined Contribution Retirement Plan
Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan vs. nearby Profit Sharing plans in New Jersey, assets vs. participants

Scale composition for Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan

Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan reports $1.6B in end-of-year assets across 8,865 participants (0.013% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.009% of 93,925,755 covered participants) - about $174,957 per participant (1.3x the national average assets-per-participant) . Net income for plan year 2024 was $102M.

This plan identity (EIN 222331070, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.3B to $1.6B (+19.3%) while covered participants moved from 8,556 to 8,865 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 8,556 $1.3B Open filing
2023 8,602 $1.4B Open filing
2024 · index core 8,865 $1.6B This page

Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan's out-of-state Profit Sharing peers by assets and headcount

Outside New Jersey, the nearest Profit Sharing by assets is H-E-B Partner Stock Plan in TX ($1.6B); by covered participants it is Operating Engineers Local 66 Annuity and Savings Fund in PA (8,936 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (8,865 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan assets move in 2024?
Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan grew at a solid clip - up 10.7% during 2024, from $1.4B to $1.6B. Reported net income was $102M.
How have Bd of Trustees Heavy & General Laborers' of Nj Annuity Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Bd of Trustees Heavy & General Laborers' of Nj Annuity Fund's sponsor-wide assets grew 19.3%, from $1.3B to $1.6B.
Where does Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan rank by assets among Form 5500 filers?
Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan ranks in the 99th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).
Which Profit Sharing plans are similar in size to Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan?
Among Profit Sharing plans in other states, the closest by assets is H-E-B Partner Stock Plan in TX ($1.6B, 103,962 participants).
Which Profit Sharing plans cover a similar participant headcount to Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan?
Among Profit Sharing plans in other states, the closest by covered participants is Operating Engineers Local 66 Annuity and Savings Fund in PA (8,936 participants, $290M in assets).