Profit Sharing · DOL Form 5500 · 2024
Board of Trustees Bac Local 3 Ny Individual Account Retirement Fund Profit Sharing Plan
Data updated 2026-08-25
- $99M
- Total assets Below avg plan size
- 2,162
- Participants Near avg headcount
- 90th
- Percentile by assets National rank
- $45,603
- Avg per participant Low balance/head
Official DOL plan name: Bac Local 3 Ny Individual Account Retirement Fund · Sponsored by Board of Trustees Bac Local 3 Ny Individual Account Retirement Fund · New York · Construction
$99M in assets, 2,162 participants
Board of Trustees Bac Local 3 Ny Individual Account Retirement Fund's Bac Local 3 Ny Individual Account Retirement Fund reported $99M in total assets and 2,162 participants in its 2024 DOL Form 5500 filing, ranking in the 90th 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.
- #8,027 in Construction (9,039 peers)
Coverage in New York
Bac Local 3 Ny Individual Account Retirement Fund covers 2,162 participants in New York, 2.7x the typical New York plan (state average ~798 per filing). Assets: $99M.
- #8,027
- in Construction (9,039 peers)
- +3.5%
- assets growth YoY
- 1.0×
- vs typical plan assets (national mean)
Bac Local 3 Ny Individual Account Retirement Fund's outsized position by total assets
Bac Local 3 Ny Individual Account Retirement Fund vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$98,593,994 Top 10% higher than 90% 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
Bac Local 3 Ny Individual Account Retirement Fund's large-plan peer group by participant headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Bac Local 3 Ny Individual Account Retirement Fund lands in the large band (2,162 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Bac Local 3 Ny Individual Account Retirement Fund reported net income fell from $9M in the plan year 2023 filing to $3M in the plan year 2024 filing.
- Bac Local 3 Ny Individual Account Retirement Fund end-of-year assets rose from $95M in the plan year 2023 filing to $99M in the plan year 2024 filing.
- Bac Local 3 Ny Individual Account Retirement Fund reported participants fell from 2,186 in the plan year 2023 filing to 2,162 in the plan year 2024 filing.
EBSA filing schedule strip
Filing strip 161184581 · Board of Trustees Bac Local 3 Ny Individual Account Retirement Fund PY 2024 · Profit Sharing
Bac Local 3 Ny Individual Account Retirement Fund · $99M · 2,162 · 90th
- 5500 $99M
- ASSETS 2,162
- PCT 90th
- EIN Profit Sharing
- RANK near Plumbers & Pipefitters Lu No. 74 Annuity Fund
- PHOTO ind #8027
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 →
Bac Local 3 Ny Individual Account Retirement Fund in the asset neighbourhood
New York filing particulars
| Total Assets (Beginning of Year) | $95M |
|---|---|
| Net Assets (End of Year) | $98M |
| Net Income | $3M |
| Employer EIN | 161184581 |
| Plan Effective Date | 1982-06-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees Bac Local 3 Ny Individual Account Retirement Fund)
Sponsor-wide plan assets over time
All Board of Trustees Bac Local 3 Ny Individual Account Retirement Fund plans reported in each filing year
- Latest sponsor-wide plan assets
- $99M 14.215619487942504% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 2,386 | $86M |
| 2023 | 1 | 2,186 | $95M |
| 2024 | 1 | 2,162 | $99M |
Nearby Profit Sharing Plans in New York
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
- Annuity Plan of the Electrical Industry $2.3B · 18,200
- Annuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIO $2.1B · 3,278
- Annuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIO $1.8B · 5,817
- The Research Foundation for the State University of New York Retirement Plan $1.3B · 9,758
- Rochester Regional Health 403(b) Defined Contribution Plan $987M · 15,432
Bac Local 3 Ny Individual Account Retirement Fund's out-of-state Profit Sharing peers by assets and headcount
Outside New York, the nearest Profit Sharing by assets is Plumbers & Pipefitters Lu No. 74 Annuity Fund in DE ($99M); by covered participants it is Carpenter Co. Profit-Sharing Plan in VA (2,152 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($99M here).
Similar participant headcount
Nearest other-state filings by covered participants (2,162 participants); asset peers above are excluded.
- Carpenter Co. Profit-Sharing Plan (VA) 2,152 · 10 off
- Arch. Ironworkers Local 63 DC Pension Trust (IL) 2,127 · 35 off
- Iron Workers District Council of Tennessee Valley and Vicinity Annuity Plan (TN) 2,124 · 38 off
- Holzer Health System 401a Profit Sharing Plan (OH) 2,110 · 52 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.