Money Purchase · DOL Form 5500 · 2024
Local 670 Annuity Fund Joint Board of Trustees Money Purchase Plan
Data updated 2026-08-11
- $28M
- Total assets
- 1,341
- Participants
- 76th
- Percentile by assets
- $20,898
- Avg per participant
Official DOL plan name: Local 670 Annuity Fund · Sponsored by Local 670 Annuity Fund Joint Board of Trustees · New York · Finance & Insurance
$28M in assets, 1,341 participants
Local 670 Annuity Fund Joint Board of Trustees's Local 670 Annuity Fund reported $28M in total assets and 1,341 participants in its 2024 DOL Form 5500 filing, ranking in the 76th 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.
- 76th percentile by assets (of 123,622 plans)
- #5,413 in Finance & Insurance (8,549 peers)
Where Local 670 Annuity Fund sits by assets
Local 670 Annuity Fund sits in the top quartile of all filed plans by assets, $28M for 1,341 participants (~$20,898/participant), up 9.3% in 2024.
- $28M
- total plan assets (2024 EOY)
- 1,341
- covered participants
- 76th
- percentile by assets (of 123,622 plans)
- $20,898
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Local 670 Annuity Fund end-of-year assets rose from $26M in the plan year 2023 filing to $28M in the plan year 2024 filing.
- Local 670 Annuity Fund reported net income fell from $3M in the plan year 2023 filing to $3M in the plan year 2024 filing.
- Local 670 Annuity Fund reported participants fell from 1,377 in the plan year 2023 filing to 1,341 in the plan year 2024 filing.
Local 670 Annuity Fund vs the 2024 asset distribution
By assets, Local 670 Annuity Fund outranks 76% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.3x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $26M |
|---|---|
| Net Assets (End of Year) | $28M |
| Net Income | $3M |
| Employer EIN | 136915739 |
| Plan Effective Date | 1989-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Local 670 Annuity Fund Joint Board of Trustees)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 1,381 | $23M |
| 2023 | 1 | 1,377 | $26M |
| 2024 | 1 | 1,341 | $28M |
Nearby Money Purchase Plans in New York
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
Local 670 Annuity Fund vs. nearby Money Purchase plans in New York, assets vs. participants
- Tiaa Retirement Plan $5.9B · 11,906
- Young Men's Christian Association Retirement Fund Retirement Plan $3.9B · 47,199
- McKinsey & Company, Inc. (Mppp) Money Purchase Pension Plan $2.2B · 15,274
- Brookhaven Science Associates, LLC Retirement Plan $1.5B · 2,624
- Iron Workers Locals 40, 361 & 417 Annuity Fund $1.2B · 2,357
Similar-Sized Money Purchase Plans Nationally
Money Purchase plans in other states closest to Local 670 Annuity Fund by total assets, not by location.
Frequently Asked Questions
How did Local 670 Annuity Fund assets move in 2024? ▼
How have Local 670 Annuity Fund Joint Board of Trustees plan assets changed over time? ▼
Where does Local 670 Annuity Fund rank by assets among Form 5500 filers? ▼
Which Money Purchase plans are similar in size to Local 670 Annuity Fund? ▼
Next read for Local 670 Annuity Fund
Scale reading
Ways to act on Local 670 Annuity Fund's numbers.
- By total assets, Local 670 Annuity Fund ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Money Purchase plans in New York. Compare plans
- Local 670 Annuity Fund Joint Board of Trustees's sponsor-wide assets have grown 24.1% since 2022 across 3 plan years on file. More Finance & Insurance plans