Money Purchase · DOL Form 5500 · 2024

Local 670 Annuity Fund Joint Board of Trustees Money Purchase Plan

Data updated 2026-08-25

$28M
Total assets Below avg plan size
1,341
Participants Near avg headcount
76th
Percentile by assets National rank
$20,898
Avg per participant Low balance/head
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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.

  • #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.

#5,413
in Finance & Insurance (8,549 peers)
+9.3%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Local 670 Annuity Fund's outsized position by total assets

Local 670 Annuity Fund vs every filed plan by assets

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

$28,024,096 Top 24% higher than 76% 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

Local 670 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. Local 670 Annuity Fund lands in the large band (1,341 participants).

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.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 136915739 · Local 670 Annuity Fund Joint Board of Trustees PY 2024 · Money Purchase

Local 670 Annuity Fund · $28M · 1,341 · 76th

  • BOY $28M
  • BOY 1,341
  • BOY 76th
  • BOY Money Purchase
  • BOY near Pax Machine Works, Inc. Pension Plan & Trust
  • BOY ind #5413

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 Finance & Insurance retirement plans → · Plans in New York →

Local 670 Annuity Fund in the asset neighbourhood

Swisher International Inc. Defined Contribution Plan for Salaried EmployeesSwisher International Inc. D…$28MSemmes, Bowen & Semmes Pension PlanSemmes, Bowen & Semmes Pensi…$28MCritical Care & Pulmonary Consultants, PC, Money Purchase Pension PlanCritical Care & Pulmonary Co…$28MPax Machine Works, Inc. Pension Plan & TrustPax Machine Works, Inc. Pens…$28MLocal 670 Annuity Fund$28M
End-of-year total assets ($M) among Local 670 Annuity Fund and nearest nationwide Money Purchase peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$26M
Net Assets (End of Year)$28M
Net Income$3M
Employer EIN136915739
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Local 670 Annuity Fund Joint Board of Trustees)

Sponsor-wide plan assets over time

All Local 670 Annuity Fund Joint Board of Trustees plans reported in each filing year

Latest sponsor-wide plan assets
$28M 24.097544835199123% vs 2022
2024 filing year
$22M$24M$26M$28M$30M 202220232024 $22.6M $28M ▲ +24.1%
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 Scatter plot of 6 data points. -200000200004000060000 -202468 Total assets ($B) Participants Local 670 Annuity Fund, Total assets ($B): 0.028024096 · Participants: 1341Local 670 Annuity FundTiaa Retirement Plan, Total assets ($B): 5.903718286 · Participants: 11906Tiaa Retirement PlanYoung Men's Christian Association Retirement Fund Retirement Plan, Total assets ($B): 3.876243 · Participants: 47199Young Men's Christian Association Retirement Fund Retirement PlanMcKinsey & Company, Inc. (Mppp) Money Purchase Pension Plan, Total assets ($B): 2.152151099 · Participants: 15274McKinsey & Company, Inc. (Mppp) Money Purchase Pension PlanBrookhaven Science Associates, LLC Retirement Plan, Total assets ($B): 1.539461125 · Participants: 2624Brookhaven Science Associates, LLC Retirement PlanIron Workers Locals 40, 361 & 417 Annuity Fund, Total assets ($B): 1.218944937 · Participants: 2357Iron Workers Locals 40, 361 & 417 Annuity Fund
Local 670 Annuity Fund vs. nearby Money Purchase plans in New York, assets vs. participants
Compare Local 670 Annuity Fund side-by-side with 3 peers →

Local 670 Annuity Fund's out-of-state Money Purchase peers by assets and headcount

Outside New York, the nearest Money Purchase by assets is Pax Machine Works, Inc. Pension Plan & Trust in OH ($28M); by covered participants it is U. a. Local 38 Defined Contribution Pension Plan in CA (1,341 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,341 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 Local 670 Annuity Fund assets move in 2024? ▼
Local 670 Annuity Fund grew at a solid clip - up 9.3% during 2024, from $26M to $28M. Reported net income was $3M.
How have Local 670 Annuity Fund Joint Board of Trustees plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Local 670 Annuity Fund Joint Board of Trustees's sponsor-wide assets grew 24.1%, from $23M to $28M.
Where does Local 670 Annuity Fund rank by assets among Form 5500 filers? ▼
Local 670 Annuity Fund ranks in the 76th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which Money Purchase plans are similar in size to Local 670 Annuity Fund? ▼
Among Money Purchase plans in other states, the closest by assets is Pax Machine Works, Inc. Pension Plan & Trust in OH ($28M, 188 participants).
Which Money Purchase plans cover a similar participant headcount to Local 670 Annuity Fund? ▼
Among Money Purchase plans in other states, the closest by covered participants is U. a. Local 38 Defined Contribution Pension Plan in CA (1,341 participants, $211M in assets).

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 136915739.

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.