Profit Sharing · DOL Form 5500 · 2024

Bac Local 5 New York Annuity Plan Profit Sharing Plan

Data updated 2026-08-25

$25M
Total assets Below avg plan size
1,431
Participants Near avg headcount
75th
Percentile by assets National rank
$17,727
Avg per participant Low balance/head
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Official DOL plan name: Bac Local 5 New York Annuity Plan · Sponsored by Bac Local 5 New York Annuity Plan · New York · Construction

$25M in assets, 1,431 participants

Bac Local 5 New York Annuity Plan's Bac Local 5 New York Annuity Plan reported $25M in total assets and 1,431 participants in its 2024 DOL Form 5500 filing, ranking in the 75th 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.

  • #6,624 in Construction (9,039 peers)

Where Bac Local 5 New York Annuity Plan sits by assets

Bac Local 5 New York Annuity Plan sits in the top quartile of all filed plans by assets, $25M for 1,431 participants (~$17,727/participant), up 11.8% in 2024.

#6,624
in Construction (9,039 peers)
+11.8%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Bac Local 5 New York Annuity Plan's outsized position by total assets

Bac Local 5 New York Annuity Plan vs every filed plan by assets

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

$25,366,788 Top 25% higher than 75% 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

Bac Local 5 New York Annuity Plan'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. Bac Local 5 New York Annuity Plan lands in the large band (1,431 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Bac Local 5 New York Annuity Plan end-of-year assets rose from $23M in the plan year 2023 filing to $25M in the plan year 2024 filing.
  • Bac Local 5 New York Annuity Plan reported net income fell from $3M in the plan year 2023 filing to $3M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 237107109 · Bac Local 5 New York Annuity Plan PY 2024 · Profit Sharing

Bac Local 5 New York Annuity Plan · $25M · 1,431 · 75th

  • PCT $25M
  • EIN 1,431
  • RANK 75th
  • PHOTO Profit Sharing
  • IND near Silvi Concrete Products, Inc. Retirement Plan
  • EOY ind #6624

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 →

Bac Local 5 New York Annuity Plan in the asset neighbourhood

Accion International 403(b) Retirement PlanAccion International 403(b) …$25MHubbell Caribe,Inc. Employees' Retirement PlanHubbell Caribe,Inc. Employee…$25MBac Local 5 New York Annuity PlanBac Local 5 New York Annuity…$25MSilvi Concrete Products, Inc. Retirement PlanSilvi Concrete Products, Inc…$25MStar's Edge, Inc. Profit Sharing PlanStar's Edge, Inc. Profit Sha…$25M
End-of-year total assets ($M) among Bac Local 5 New York Annuity Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$23M
Net Assets (End of Year)$25M
Net Income$3M
Employer EIN237107109
Plan Effective Date1971-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Bac Local 5 New York Annuity Plan)

Sponsor-wide plan assets over time

All Bac Local 5 New York Annuity Plan plans reported in each filing year

Latest sponsor-wide plan assets
$25M 27.51543348270497% vs 2022
2024 filing year
$18M$20M$22M$24M$26M 202220232024 $19.9M $25.4M ▲ +27.6%
Year Plans Participants Total Assets
2022 1 1,356 $20M
2023 1 1,438 $23M
2024 1 1,431 $25M

Nearby Profit Sharing Plans in New York

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

Bac Local 5 New York Annuity Plan vs. nearby Profit Sharing plans in New York, assets vs. participants Scatter plot of 6 data points. 05000100001500020000 -0.500.511.522.5 Total assets ($B) Participants Bac Local 5 New York Annuity Plan, Total assets ($B): 0.025366788 · Participants: 1431Bac Local 5 New York Annuity PlanAnnuity 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
Bac Local 5 New York Annuity Plan vs. nearby Profit Sharing plans in New York, assets vs. participants
Compare Bac Local 5 New York Annuity Plan side-by-side with 3 peers →

Bac Local 5 New York Annuity Plan's out-of-state Profit Sharing peers by assets and headcount

Outside New York, the nearest Profit Sharing by assets is Silvi Concrete Products, Inc. Retirement Plan in PA ($25M); by covered participants it is United States Liability Insurance Company Employees' Profit Sharing Plan in PA (1,429 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,431 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 Bac Local 5 New York Annuity Plan assets move in 2024? ▼
Bac Local 5 New York Annuity Plan grew at a solid clip - up 11.8% during 2024, from $23M to $25M. Reported net income was $3M.
How have Bac Local 5 New York Annuity Plan plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Bac Local 5 New York Annuity Plan's sponsor-wide assets grew 27.5%, from $20M to $25M.
Where does Bac Local 5 New York Annuity Plan rank by assets among Form 5500 filers? ▼
Bac Local 5 New York Annuity Plan ranks in the 75th 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 Profit Sharing plans are similar in size to Bac Local 5 New York Annuity Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Silvi Concrete Products, Inc. Retirement Plan in PA ($25M, 409 participants).
Which Profit Sharing plans cover a similar participant headcount to Bac Local 5 New York Annuity Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is United States Liability Insurance Company Employees' Profit Sharing Plan in PA (1,429 participants, $279M 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 237107109.

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.