Profit Sharing · DOL Form 5500 · 2024

Board of Trustees Laborers Local 785 Defined Contribution Plan Profit Sharing Plan

Data updated 2026-08-25

$41M
Total assets Below avg plan size
544
Participants Below avg headcount
82nd
Percentile by assets National rank
$74,554
Avg per participant Below avg balance/head
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Official DOL plan name: Laborers Local 785 Defined Contribution Plan · Sponsored by Board of Trustees Laborers Local 785 Defined Contribution Plan · New York · Construction

$41M in assets, 544 participants

Board of Trustees Laborers Local 785 Defined Contribution Plan's Laborers Local 785 Defined Contribution Plan reported $41M in total assets and 544 participants in its 2024 DOL Form 5500 filing, ranking in the 82nd 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.

  • #7,237 in Construction (9,039 peers)

Where Laborers Local 785 Defined Contribution Plan sits by assets

Laborers Local 785 Defined Contribution Plan sits in the top quartile of all filed plans by assets, $41M for 544 participants (~$74,554/participant), up 11.9% in 2024.

#7,237
in Construction (9,039 peers)
+11.9%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Laborers Local 785 Defined Contribution Plan's outsized position by total assets

Laborers Local 785 Defined Contribution Plan vs every filed plan by assets

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

$40,557,177 Top 18% higher than 82% 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

Laborers Local 785 Defined Contribution Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Laborers Local 785 Defined Contribution Plan sits mid-pack in the medium band (544 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Laborers Local 785 Defined Contribution Plan end-of-year assets rose from $36M in the plan year 2023 filing to $41M in the plan year 2024 filing.
  • Laborers Local 785 Defined Contribution Plan reported net income rose from $4M in the plan year 2023 filing to $4M in the plan year 2024 filing.
  • Laborers Local 785 Defined Contribution Plan reported participants fell from 566 in the plan year 2023 filing to 544 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 161605797 · Board of Trustees Laborers Local 785 Defined Contribution Plan PY 2024 · Profit Sharing

Laborers Local 785 Defined Contribution Plan · $41M · 544 · 82nd

  • PART $41M
  • TYPE 544
  • NET 82nd
  • BOOK Profit Sharing
  • VS-ST near Il Federation of Teachers Pension Plan
  • BOY ind #7237

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 York →

Laborers Local 785 Defined Contribution Plan in the asset neighbourhood

Blue Bell Creameries, Inc. Employee Stock Ownership PlanBlue Bell Creameries, Inc. E…$41MIl Federation of Teachers Pension PlanIl Federation of Teachers Pe…$41MLaborers Local 785 Defined Contribution PlanLaborers Local 785 Defined C…$41MMoody Bible Institute Match Savings PlanMoody Bible Institute Match …$41MSan Francisco Opera Defined Contribution PlanSan Francisco Opera Defined …$40M
End-of-year total assets ($M) among Laborers Local 785 Defined Contribution Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$36M
Net Assets (End of Year)$40M
Net Income$4M
Employer EIN161605797
Plan Effective Date2001-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees Laborers Local 785 Defined Contribution Plan)

Sponsor-wide plan assets over time

All Board of Trustees Laborers Local 785 Defined Contribution Plan plans reported in each filing year

Latest sponsor-wide plan assets
$41M 26.722134164275126% vs 2022
2024 filing year
$30M$35M$40M$45M 202220232024 $32M $40.6M ▲ +26.8%
Year Plans Participants Total Assets
2022 1 484 $32M
2023 1 566 $36M
2024 1 544 $41M

Nearby Profit Sharing Plans in New York

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

Laborers Local 785 Defined Contribution Plan vs. nearby Profit Sharing plans in New York, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -0.500.511.522.5 Total assets ($B) Participants Laborers Local 785 Defined Contribution Plan, Total assets ($B): 0.040557177 · Participants: 544Laborers Local 785 Defined Contribution PlanAnnuity Plan of the Electrical Industry, Total assets ($B): 2.296401236 · Participants: 18200Annuity Plan of the Electrical IndustryAnnuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIO, Total assets ($B): 2.056246349 · Participants: 3278Annuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIOAnnuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIO, Total assets ($B): 1.821807482 · Participants: 5817Annuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIOThe Research Foundation for the State University of New York Retirement Plan, Total assets ($B): 1.269293939 · Participants: 9758The Research Foundation for the State University of New York Retirement PlanRochester Regional Health 403(b) Defined Contribution Plan, Total assets ($B): 0.987006461 · Participants: 15432Rochester Regional Health 403(b) Defined Contribution Plan
Laborers Local 785 Defined Contribution Plan vs. nearby Profit Sharing plans in New York, assets vs. participants

Laborers Local 785 Defined Contribution Plan's out-of-state Profit Sharing peers by assets and headcount

Outside New York, the nearest Profit Sharing by assets is Il Federation of Teachers Pension Plan in IL ($41M); by covered participants it is V. Suarez & Co., Inc. Retirement Plan in PR (545 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (544 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 Laborers Local 785 Defined Contribution Plan assets move in 2024?
Laborers Local 785 Defined Contribution Plan grew at a solid clip - up 11.9% during 2024, from $36M to $41M. Reported net income was $4M.
How have Board of Trustees Laborers Local 785 Defined Contribution Plan plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees Laborers Local 785 Defined Contribution Plan's sponsor-wide assets grew 26.7%, from $32M to $41M.
Where does Laborers Local 785 Defined Contribution Plan rank by assets among Form 5500 filers?
Laborers Local 785 Defined Contribution Plan ranks in the 82nd percentile by end-of-year assets among 123,622 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 Laborers Local 785 Defined Contribution Plan?
Among Profit Sharing plans in other states, the closest by assets is Il Federation of Teachers Pension Plan in IL ($41M, 86 participants).
Which Profit Sharing plans cover a similar participant headcount to Laborers Local 785 Defined Contribution Plan?
Among Profit Sharing plans in other states, the closest by covered participants is V. Suarez & Co., Inc. Retirement Plan in PR (545 participants, $52M in assets).