Profit Sharing · DOL Form 5500 · 2024
Board of Trustees of the Painting Industry Annuity Fund Profit Sharing Plan
Data updated 2026-07-24
- $884M
- Total assets
- 5,414
- Participants
- 98th
- Percentile by assets
- $163,292
- Avg per participant
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.
- 98th percentile by assets (of 116,472 plans)
Coverage in New York
Painting Industry Annuity Fund covers 5,414 participants in New York, 6.8x the typical New York plan (state average ~795 per filing). Assets: $884M.
- $884M
- total plan assets (2024 EOY)
- 5,414
- covered participants
- 98th
- percentile by assets (of 116,472 plans)
- $163,292
- avg assets per participant
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.
Participants vs New York filers
In New York, the average filing covers about 795 participants across 8,491 plans. Painting Industry Annuity Fund reports 5,414 participants - 6.8x that state average ($884M EOY assets).
New York filing particulars
| Total Assets (Beginning of Year) | $812M |
|---|---|
| Net Assets (End of Year) | $879M |
| Net Income | $71M |
| Employer EIN | 516049898 |
| Plan Effective Date | 1965-08-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees of the Painting Industry Annuity Fund)
| 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
- 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
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Painting Industry Annuity Fund by total assets, not by location.
- Temple University Health System, Inc. Defined Contribution Retirement Plan (PA) $876M · 10,394
- Aspirus, Inc. Retirement Plan (WI) $893M · 10,194
- Allina 403(b) Retirement Savings Plan (MN) $902M · 8,757
- Les Schwab Profit Sharing Retirement Plan (OR) $865M · 5,738
Frequently Asked Questions
How did Painting Industry Annuity Fund assets move in 2024? ▼
How have Board of Trustees of the Painting Industry Annuity Fund plan assets changed over time? ▼
Where does Painting Industry Annuity Fund rank by assets among Form 5500 filers? ▼
Which Profit Sharing plans are similar in size to Painting Industry Annuity Fund? ▼
Next read for Painting Industry Annuity Fund
Filing takeaways
Ways to act on Painting Industry Annuity Fund's numbers.
- By total assets, Painting Industry Annuity Fund 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 New York. Compare plans
- Board of Trustees of the Painting Industry Annuity Fund's sponsor-wide assets have grown 18.7% 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 516049898.
Read our methodology - how this data is sourced, computed, and verified.