Profit Sharing · DOL Form 5500 · 2024

Board of Trustees Asbestos Workers Local No. 87 Defined Contribution P Profit Sharing Plan

Data updated 2026-07-24

$29M
Total assets: 97
Participants: 77th
Percentile by assets: $294,534
Avg per participant

Official DOL plan name: Asbestos Workers Local No. 87 Defined Contribution Plan · Sponsored by Board of Trustees Asbestos Workers Local No. 87 Defined Contribution P · Texas · Construction

$29M in assets, 97 participants

Board of Trustees Asbestos Workers Local No. 87 Defined Contribution P's Asbestos Workers Local No. 87 Defined Contribution Plan reported $29M in total assets and 97 participants in its 2024 DOL Form 5500 filing, ranking in the 77th 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.

77th percentile by assets (of 116,472 plans)

Where Asbestos Workers Local No. 87 Defined Contribution Plan sits by assets

Asbestos Workers Local No. 87 Defined Contribution Plan sits in the top quartile of all filed plans by assets, $29M for 97 participants (~$294,534/participant), up 13.1% in 2024.

$29M
total plan assets (2024 EOY): 97
covered participants: 77th
percentile by assets (of 116,472 plans): $294,534
avg assets per participant

Asbestos Workers Local No. 87 Defined Contribution Plan reported participants fell from 451 in the plan year 2023 filing to 97 in the plan year 2024 filing.
Asbestos Workers Local No. 87 Defined Contribution Plan end-of-year assets rose from $25M in the plan year 2023 filing to $29M in the plan year 2024 filing.
Asbestos Workers Local No. 87 Defined Contribution Plan reported net income fell from $4M in the plan year 2023 filing to $3M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Texas

Industry

Construction

Asbestos Workers Local No. 87 Defined Contribution Plan vs the 2024 asset distribution

By assets, Asbestos Workers Local No. 87 Defined Contribution Plan outranks 77% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.3x the national average plan size of $100M (730 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)	$25M
Net Assets (End of Year)	$29M
Net Income	$3M
Employer EIN	741069448
Plan Effective Date	1989-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Board of Trustees Asbestos Workers Local No. 87 Defined Contribution P)

Total plan assets by year, all Board of Trustees Asbestos Workers Local No. 87 Defined Contribution P plans on file

Year	Plans	Participants	Total Assets
2022	1	477	$22M
2023	1	451	$25M
2024	1	97	$29M

Nearby Profit Sharing Plans in Texas

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

Asbestos Workers Local No. 87 Defined Contribution Plan vs. nearby Profit Sharing plans in Texas, assets vs. participants

Baylor College of Medicine Retirement Plan $2.0B · 10,721
H-E-B Partner Stock Plan $1.6B · 103,962
The Defined Contribution Plan of the Methodist Hospital $1.1B · 31,848
American Heart Association, Inc. Qualified Retirement Plan $514M · 3,779
Haynes and Boone Investment Directed Profit Sharing Plan $310M · 1,069

Compare Asbestos Workers Local No. 87 Defined Co… side-by-side with 3 peers →

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Asbestos Workers Local No. 87 Defined Contribution Plan by total assets, not by location.

Lifesouth Retirement Plan (FL) $29M · 639
Reit Management Corp. Profit Sharing Plan (NY) $28M · 5
Stevens Community Medical Center 403(b) Plan (MN) $28M · 258
Haley Automotive Group Profit Sharing Plan (VA) $28M · 597

Frequently Asked Questions

How did Asbestos Workers Local No. 87 Defined Contribution Plan assets move in 2024? ▼

Asbestos Workers Local No. 87 Defined Contribution Plan grew at a solid clip - up 13.1% during 2024, from $25M to $29M. Reported net income was $3M.

How have Board of Trustees Asbestos Workers Local No. 87 Defined Contribution P plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Board of Trustees Asbestos Workers Local No. 87 Defined Contribution P's sponsor-wide assets grew 31.9%, from $22M to $29M.

Where does Asbestos Workers Local No. 87 Defined Contribution Plan rank by assets among Form 5500 filers? ▼

Asbestos Workers Local No. 87 Defined Contribution Plan ranks in the 77th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).

Which Profit Sharing plans are similar in size to Asbestos Workers Local No. 87 Defined Contribution Plan? ▼

Among Profit Sharing plans in other states, the closest by assets is Lifesouth Retirement Plan in FL ($29M, 639 participants).

Next read for Asbestos Workers Local No. 87 Defined Co…

Scale reading

Ways to act on Asbestos Workers Local No. 87 Defined Contribution Plan's numbers.

By total assets, Asbestos Workers Local No. 87 Defined Contribution Plan ranks in the top quartile of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Profit Sharing plans in Texas. Compare plans
Board of Trustees Asbestos Workers Local No. 87 Defined Contribution P's sponsor-wide assets have grown 31.9% 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 741069448.

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.