Profit Sharing · DOL Form 5500 · 2024

New York City Chapter of Nysarc Profit Sharing Plan

Data updated 2026-07-24

$50M
Total assets
431
Participants
84th
Percentile by assets
$116,691
Avg per participant
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Official DOL plan name: Pension Plan for Direct Labor Employees · Sponsored by New York City Chapter of Nysarc · New York · Healthcare & Social Assistance

$50M in assets, 431 participants

New York City Chapter of Nysarc's Pension Plan for Direct Labor Employees reported $50M in total assets and 431 participants in its 2024 DOL Form 5500 filing, ranking in the 84th 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.

  • 84th percentile by assets (of 116,472 plans)

Where Pension Plan for Direct Labor Employees sits by assets

Pension Plan for Direct Labor Employees sits in the top quartile of all filed plans by assets, $50M for 431 participants (~$116,691/participant), up 11.5% in 2024.

$50M
total plan assets (2024 EOY)
431
covered participants
84th
percentile by assets (of 116,472 plans)
$116,691
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Pension Plan for Direct Labor Employees reported net income fell from $8M in the plan year 2023 filing to $5M in the plan year 2024 filing.
  • Pension Plan for Direct Labor Employees reported participants fell from 495 in the plan year 2023 filing to 431 in the plan year 2024 filing.
  • Pension Plan for Direct Labor Employees end-of-year assets rose from $45M in the plan year 2023 filing to $50M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Pension Plan for Direct Labor Employees vs the 2024 asset distribution

By assets, Pension Plan for Direct Labor Employees outranks 84% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.5x the national average plan size of $100M (730 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$45M
Net Assets (End of Year)$50M
Net Income$5M
Employer EIN135596746
Plan Effective Date1999-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (New York City Chapter of Nysarc)

$35M$40M$45M$50M$55M 202220232024 $36.6M $50.3M ▲ +37.3%
Total plan assets by year, all New York City Chapter of Nysarc plans on file
Year Plans Participants Total Assets
2022 3 3,981 $37M
2023 1 495 $45M
2024 1 431 $50M

Nearby Profit Sharing Plans in New York

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

Pension Plan for Direct Labor Employees vs. nearby Profit Sharing plans in New York, assets vs. participants

Pension Plan for Direct Labor Employees vs. nearby Profit Sharing plans in New York, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -0.500.511.522.5 Total assets ($B) Participants Pension Plan for Dir…Annuity Fund Iuoe Lo…Annuity Fd of the Iu…The Research Foundat…Rochester Regional H…Mason Tenders Distri…
Pension Plan for Direct Labor Employees vs. nearby Profit Sharing plans in New York, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Pension Plan for Direct Labor Employees by total assets, not by location.

Frequently Asked Questions

How did Pension Plan for Direct Labor Employees assets move in 2024?
Pension Plan for Direct Labor Employees grew at a solid clip - up 11.5% during 2024, from $45M to $50M. Reported net income was $5M.
How have New York City Chapter of Nysarc plan assets changed over time?
Across 3 plan years on file (2022-2024), New York City Chapter of Nysarc's sponsor-wide assets grew 37.3%, from $37M to $50M.
Where does Pension Plan for Direct Labor Employees rank by assets among Form 5500 filers?
Pension Plan for Direct Labor Employees ranks in the 84th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which Profit Sharing plans are similar in size to Pension Plan for Direct Labor Employees?
Among Profit Sharing plans in other states, the closest by assets is Bsa Lifestructures, Inc. 401(k) Plan in IN ($50M, 209 participants).

Next read for Pension Plan for Direct Labor Employees

Scale reading

Ways to act on Pension Plan for Direct Labor Employees's numbers.

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 135596746.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.