Profit Sharing · DOL Form 5500 · 2024
Board of Trustees Asbestos Workers Local No. 87 Defined Contribution P Profit Sharing Plan
Data updated 2026-08-25
- $29M
- Total assets Below avg plan size
- 97
- Participants Small participant base
- 77th
- Percentile by assets National rank
- $294,534
- Avg per participant High balance/head
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.
- #6,793 in Construction (9,039 peers)
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.
- #6,793
- in Construction (9,039 peers)
- +13.1%
- assets growth YoY
- 0.3×
- vs typical plan assets (national mean)
Asbestos Workers Local No. 87 Defined Contribution Plan's outsized position by total assets
Asbestos Workers Local No. 87 Defined Contribution Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$28,569,840 Top 23% higher than 77% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Asbestos Workers Local No. 87 Defined Contribution Plan among smaller filed plans by headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Asbestos Workers Local No. 87 Defined Contribution Plan is a small filing (97 participants) on this national headcount ladder.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- 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.
EBSA filing schedule strip
Filing strip 741069448 · Board of Trustees Asbestos Workers Local No. 87 Defined Contribution P PY 2024 · Profit Sharing
Asbestos Workers Local No. 87 Defined Contribution Plan · $29M · 97 · 77th
- TYPE $29M
- NET 97
- BOOK 77th
- VS-ST Profit Sharing
- BOY near Lifesouth Retirement Plan
- SCH ind #6793
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 Texas →
Asbestos Workers Local No. 87 Defined Contribution Plan in the asset neighbourhood
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)
Sponsor-wide plan assets over time
All Board of Trustees Asbestos Workers Local No. 87 Defined Contribution P plans reported in each filing year
- Latest sponsor-wide plan assets
- $29M 31.867571907000393% vs 2022
- 2024 filing year
| 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.
- 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
Asbestos Workers Local No. 87 Defined Contribution Plan's out-of-state Profit Sharing peers by assets and headcount
Outside Texas, the nearest Profit Sharing by assets is Lifesouth Retirement Plan in FL ($29M); by covered participants it is Southwest Hide Co. Profit Sharing Plan in ID (97 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($29M here).
- 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
Similar participant headcount
Nearest other-state filings by covered participants (97 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.