Profit Sharing · DOL Form 5500 · 2023

Joint Board of Trustees of Construction Industry of Rockford, Illinoi Profit Sharing Plan

Data updated 2026-08-11

$564M
Total assets
10,685
Participants
98th
Percentile by assets
$52,791
Avg per participant
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Official DOL plan name: Construction Industry Retirement Fund of Rockford · Sponsored by Joint Board of Trustees of Construction Industry of Rockford, Illinoi · Michigan · Construction

$564M in assets, 10,685 participants

Joint Board of Trustees of Construction Industry of Rockford, Illinoi's Construction Industry Retirement Fund of Rockford reported $564M in total assets and 10,685 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.

  • 98th percentile by assets (of 127,072 plans)
  • #8,805 in Construction (9,030 peers)

Coverage in Michigan

Construction Industry Retirement Fund of Rockford covers 10,685 participants in Michigan, 17x the typical Michigan plan (state average ~638 per filing). Assets: $564M.

$564M
total plan assets (2023 EOY)
10,685
covered participants
98th
percentile by assets (of 127,072 plans)
$52,791
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Construction Industry Retirement Fund of Rockford reported net income rose from $23M in the plan year 2022 filing to $89M in the plan year 2023 filing.
  • Construction Industry Retirement Fund of Rockford end-of-year assets rose from $475M in the plan year 2022 filing to $564M in the plan year 2023 filing.
  • Construction Industry Retirement Fund of Rockford reported participants rose from 10,395 in the plan year 2022 filing to 10,685 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Participants vs Michigan filers

In Michigan, the average filing covers about 638 participants across 4,220 plans. Construction Industry Retirement Fund of Rockford reports 10,685 participants - 17x that state average ($564M EOY assets).

Michigan filing particulars

Total Assets (Beginning of Year)$475M
Net Assets (End of Year)$563M
Net Income$89M
Employer EIN366131610
Plan Effective Date1965-09-14
Filing StatusFILING RECEIVED

Sponsor Plan History (Joint Board of Trustees of Construction Industry of Rockford, Illinoi)

$450M$500M$550M$600M 20222023 $475M $564M ▲ +18.8%
Total plan assets by year, all Joint Board of Trustees of Construction Industry of Rockford, Illinoi plans on file
Year Plans Participants Total Assets
2022 1 10,395 $475M
2023 1 10,685 $564M

Nearby Profit Sharing Plans in Michigan

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

Construction Industry Retirement Fund of Rockford vs. nearby Profit Sharing plans in Michigan, assets vs. participants

Construction Industry Retirement Fund of Rockford vs. nearby Profit Sharing plans in Michigan, assets vs. participants Scatter plot of 6 data points. 050001000015000 00.511.52 Total assets ($B) Participants Construction Industr…Henry Ford Health Sy…Ohio Carpenters' Ann…Hemlock Semiconducto…NECA-IBEW Memphis Re…Plumbers and Pipefit…
Construction Industry Retirement Fund of Rockford vs. nearby Profit Sharing plans in Michigan, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Construction Industry Retirement Fund of Rockford by total assets, not by location.

Frequently Asked Questions

How did Construction Industry Retirement Fund of Rockford assets move in 2023?
Construction Industry Retirement Fund of Rockford grew sharply - up 18.8% during 2023, from $475M to $564M. Reported net income was $89M.
How have Joint Board of Trustees of Construction Industry of Rockford, Illinoi plan assets changed over time?
Across 2 plan years on file (2022-2023), Joint Board of Trustees of Construction Industry of Rockford, Illinoi's sponsor-wide assets grew 18.8%, from $475M to $564M.
Where does Construction Industry Retirement Fund of Rockford rank by assets among Form 5500 filers?
Construction Industry Retirement Fund of Rockford ranks in the 98th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which Profit Sharing plans are similar in size to Construction Industry Retirement Fund of Rockford?
Among Profit Sharing plans in other states, the closest by assets is University of Maryland Medical System 403(b) Retirement Savings Plan in MD ($559M, 20,496 participants).

Next read for Construction Industry Retirement Fund of…

Filing takeaways

Ways to act on Construction Industry Retirement Fund of Rockford's numbers.

  • By total assets, Construction Industry Retirement Fund of Rockford ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Profit Sharing plans in Michigan. Compare plans
  • Joint Board of Trustees of Construction Industry of Rockford, Illinoi's sponsor-wide assets have grown 18.8% since 2022 across 2 plan years on file. More Construction plans