Profit Sharing · DOL Form 5500 · 2024

Board of Trustees Bac Local 3 Ny Individual Account Retirement Fund Profit Sharing Plan

Data updated 2026-07-24

$99M
Total assets: 2,162
Participants: 90th
Percentile by assets: $45,603
Avg per participant

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.

90th percentile by assets (of 116,472 plans)

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 ~795 per filing). Assets: $99M.

$99M
total plan assets (2024 EOY): 2,162
covered participants: 90th
percentile by assets (of 116,472 plans): $45,603
avg assets per participant

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.

See the national 2023→2024 release diff →

State

New York

Industry

Construction

Participants vs New York filers

In New York, the average filing covers about 795 participants across 8,491 plans. Bac Local 3 Ny Individual Account Retirement Fund reports 2,162 participants - 2.7x that state average ($99M EOY assets).

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)

Total plan assets by year, all Board of Trustees Bac Local 3 Ny Individual Account Retirement Fund plans on file

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.

Bac Local 3 Ny Individual Account Retirement Fund vs. nearby Profit Sharing plans in New York, assets vs. participants

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
Mason Tenders District Council Annuity Fund $944M · 11,824

Compare Bac Local 3 Ny Individual Account Retire… side-by-side with 3 peers →

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Bac Local 3 Ny Individual Account Retirement Fund by total assets, not by location.

Plumbers & Pipefitters Lu No. 74 Annuity Fund (DE) $99M · 954
Med Center Health Retirement Savings Plan (KY) $99M · 3,155
Sprinkler Fitters and Apprentices Local 704 Defined Contribution Pension Fund Plan (MI) $98M · 495
Schiff Hardin LLP Professional Retirement Plan I (DC) $98M · 185

Frequently Asked Questions

How did Bac Local 3 Ny Individual Account Retirement Fund assets move in 2024? ▼

Bac Local 3 Ny Individual Account Retirement Fund edged up modestly - up 3.5% during 2024, from $95M to $99M. Reported net income was $3M.

How have Board of Trustees Bac Local 3 Ny Individual Account Retirement Fund plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Board of Trustees Bac Local 3 Ny Individual Account Retirement Fund's sponsor-wide assets grew 14.2%, from $86M to $99M.

Where does Bac Local 3 Ny Individual Account Retirement Fund rank by assets among Form 5500 filers? ▼

Bac Local 3 Ny Individual Account Retirement Fund ranks in the 90th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).

Which Profit Sharing plans are similar in size to Bac Local 3 Ny Individual Account Retirement Fund? ▼

Among Profit Sharing plans in other states, the closest by assets is Plumbers & Pipefitters Lu No. 74 Annuity Fund in DE ($99M, 954 participants).

Next read for Bac Local 3 Ny Individual Account Retire…

Filing takeaways

Ways to act on Bac Local 3 Ny Individual Account Retirement Fund's numbers.

By total assets, Bac Local 3 Ny Individual Account Retirement Fund ranks in the top 10% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Profit Sharing plans in New York. Compare plans
Board of Trustees Bac Local 3 Ny Individual Account Retirement Fund's sponsor-wide assets have grown 14.2% 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 161184581.

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.