Profit Sharing · DOL Form 5500 · 2024

Board of Trustees of the Painting Industry Annuity Fund Profit Sharing Plan

Data updated 2026-08-25

$884M
Total assets Above avg plan size
5,414
Participants Above avg headcount
98th
Percentile by assets National rank
$163,292
Avg per participant Above avg balance/head
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Official DOL plan name: Painting Industry Annuity Fund · Sponsored by Board of Trustees of the Painting Industry Annuity Fund · New York · Construction

$884M in assets, 5,414 participants

Board of Trustees of the Painting Industry Annuity Fund's Painting Industry Annuity Fund reported $884M in total assets and 5,414 participants in its 2024 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.

  • #8,887 in Construction (9,039 peers)

Coverage in New York

Painting Industry Annuity Fund covers 5,414 participants in New York, 6.8x the typical New York plan (state average ~798 per filing). Assets: $884M.

#8,887
in Construction (9,039 peers)
+8.9%
assets growth YoY
8.9×
vs typical plan assets (national mean)

Painting Industry Annuity Fund's outsized position by total assets

Painting Industry Annuity Fund vs every filed plan by assets

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

$884,061,135 Top 2% higher than 98% 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

Painting Industry Annuity 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. Painting Industry Annuity Fund lands in the large band (5,414 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Painting Industry Annuity Fund end-of-year assets rose from $812M in the plan year 2023 filing to $884M in the plan year 2024 filing.
  • Painting Industry Annuity Fund reported participants fell from 5,509 in the plan year 2023 filing to 5,414 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 516049898 · Board of Trustees of the Painting Industry Annuity Fund PY 2024 · Profit Sharing

Painting Industry Annuity Fund · $884M · 5,414 · 98th

  • EIN $884M
  • RANK 5,414
  • PHOTO 98th
  • IND Profit Sharing
  • EOY near Temple University Health System, Inc. Defined Contribution Retirement Plan
  • 5500 ind #8887

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 →

Painting Industry Annuity Fund in the asset neighbourhood

Allina 403(b) Retirement Savings PlanAllina 403(b) Retirement Sav…$902MAspirus, Inc. Retirement Plan$893MPainting Industry Annuity FundPainting Industry Annuity Fu…$884MTemple University Health System, Inc. Defined Contribution Retirement PlanTemple University Health Sys…$876MLes Schwab Profit Sharing Retirement PlanLes Schwab Profit Sharing Re…$865M
End-of-year total assets ($M) among Painting Industry Annuity Fund and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

New York filing particulars

Total Assets (Beginning of Year)$812M
Net Assets (End of Year)$879M
Net Income$71M
Employer EIN516049898
Plan Effective Date1965-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees of the Painting Industry Annuity Fund)

Sponsor-wide plan assets over time

All Board of Trustees of the Painting Industry Annuity Fund plans reported in each filing year

Latest sponsor-wide plan assets
$884M 18.667071966336362% vs 2022
2024 filing year
$700M$750M$800M$850M$900M 202220232024 $745M $884M ▲ +18.7%
Year Plans Participants Total Assets
2022 1 5,164 $745M
2023 1 5,509 $812M
2024 1 5,414 $884M

Nearby Profit Sharing Plans in New York

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

Painting Industry Annuity Fund vs. nearby Profit Sharing plans in New York, assets vs. participants Scatter plot of 6 data points. 05000100001500020000 0.511.522.5 Total assets ($B) Participants Painting Industry Annuity Fund, Total assets ($B): 0.884061135 · Participants: 5414Painting Industry Annuity FundAnnuity 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
Painting Industry Annuity Fund vs. nearby Profit Sharing plans in New York, assets vs. participants

Scale composition for Painting Industry Annuity Fund

Painting Industry Annuity Fund reports $884M in end-of-year assets across 5,414 participants (0.007% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $163,292 per participant (1.2x the national average assets-per-participant) . Net income for plan year 2024 was $71M.

This plan identity (EIN 516049898, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $745M to $884M (+18.7%) while covered participants moved from 5,164 to 5,414 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 5,164 $745M Open filing
2023 5,509 $812M Open filing
2024 · index core 5,414 $884M This page

Painting Industry Annuity Fund's out-of-state Profit Sharing peers by assets and headcount

Outside New York, the nearest Profit Sharing by assets is Temple University Health System, Inc. Defined Contribution Retirement Plan in PA ($876M); by covered participants it is International Union of Operating Engineers Local 501 Individual Account Plan Trust Fund in CA (5,355 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($884M here).

Similar participant headcount

Nearest other-state filings by covered participants (5,414 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 Painting Industry Annuity Fund assets move in 2024?
Painting Industry Annuity Fund grew at a solid clip - up 8.9% during 2024, from $812M to $884M. Reported net income was $71M.
How have Board of Trustees of the Painting Industry Annuity Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees of the Painting Industry Annuity Fund's sponsor-wide assets grew 18.7%, from $745M to $884M.
Where does Painting Industry Annuity Fund rank by assets among Form 5500 filers?
Painting Industry Annuity Fund ranks in the 98th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which Profit Sharing plans are similar in size to Painting Industry Annuity Fund?
Among Profit Sharing plans in other states, the closest by assets is Temple University Health System, Inc. Defined Contribution Retirement Plan in PA ($876M, 10,394 participants).
Which Profit Sharing plans cover a similar participant headcount to Painting Industry Annuity Fund?
Among Profit Sharing plans in other states, the closest by covered participants is International Union of Operating Engineers Local 501 Individual Account Plan Trust Fund in CA (5,355 participants, $84M in assets).