Profit Sharing · DOL Form 5500 · 2024

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

Data updated 2026-07-24

$1.6B
Total assets: 8,865
Participants: 99th
Percentile by assets: $174,957
Avg per participant

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.

99th percentile by assets (of 116,472 plans)

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 ~865 per filing). Assets: $1.6B.

$1.6B
total plan assets (2024 EOY): 8,865
covered participants: 99th
percentile by assets (of 116,472 plans): $174,957
avg assets per participant

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 →

State

New Jersey

Industry

Construction

Participants vs New Jersey filers

In New Jersey, the average filing covers about 865 participants across 3,927 plans. Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan reports 8,865 participants - 10x that state average ($1.6B EOY assets).

New Jersey filing particulars

Total Assets (Beginning of Year)	$1.4B
Net Assets (End of Year)	$1.5B
Net Income	$102M
Employer EIN	222331070
Plan Effective Date	1980-10-21
Filing Status	FILING RECEIVED

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

Total plan assets by year, all Bd of Trustees Heavy & General Laborers' of Nj Annuity Fund plans on file

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

Ernst & Young Partnership Retirement (Hr-10) Plan $2.5B · 1,666
IBEW Local Union No 102 Surety Plan $685M · 2,382
Kpmg Partner Retirement Savings Plan $524M · 1,704
Cooper Health System, Inc. Defined Contribution Retirement Plan $359M · 7,208
Consolidated Defined Contribution Plan of Hackensack Meridian Health $290M · 6,983

Compare Heavy & General Laborers' Local Unions 4… side-by-side with 3 peers →

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan by total assets, not by location.

H-E-B Partner Stock Plan (TX) $1.6B · 103,962
Charter Communications, Inc. Retirement Accumulation Plan (NC) $1.5B · 96,794
Memorialcare Retirement Plan (CA) $1.4B · 4,491
The Northwestern Mutual Life Insurance Company Agents Persistency Fee Guarantee Fund (WI) $1.4B · 5,999

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 116,472 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).

Next read for Heavy & General Laborers' Local Unions 4…

Filing takeaways

Ways to act on Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan's numbers.

By total assets, Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan ranks among the largest 1% of all filed plans. See the largest plans
Compare it side-by-side against 3 similar Profit Sharing plans in New Jersey. Compare plans
Bd of Trustees Heavy & General Laborers' of Nj Annuity Fund's sponsor-wide assets have grown 19.3% since 2022 across 3 plan years on file. More Construction plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 222331070.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.