Profit Sharing · DOL Form 5500 · 2024

Bac Local 5 New York Annuity Plan Profit Sharing Plan

Data updated 2026-08-06

$25M
Total assets: 1,431
Participants: 75th
Percentile by assets: $17,727
Avg per participant

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.

75th percentile by assets (of 116,472 plans)

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.

$25M
total plan assets (2024 EOY): 1,431
covered participants: 75th
percentile by assets (of 116,472 plans): $17,727
avg assets per participant

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 →

State

New York

Industry

Construction

Bac Local 5 New York Annuity Plan vs the 2024 asset distribution

By assets, Bac Local 5 New York Annuity Plan outranks 75% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.3x the national average plan size of $100M (730 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)	$23M
Net Assets (End of Year)	$25M
Net Income	$3M
Employer EIN	237107109
Plan Effective Date	1971-07-01
Filing Status	FILING RECEIVED

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

Total plan assets by year, all Bac Local 5 New York Annuity Plan plans on file

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

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

Compare Bac Local 5 New York Annuity Plan side-by-side with 3 peers →

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Bac Local 5 New York Annuity Plan by total assets, not by location.

Silvi Concrete Products, Inc. Retirement Plan (PA) $25M · 409
Star's Edge, Inc. Profit Sharing Plan (FL) $25M · 12
Hubbell Caribe,Inc. Employees' Retirement Plan (CT) $25M · 553
Accion International 403(b) Retirement Plan (DC) $25M · 76

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 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 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).

Next read for Bac Local 5 New York Annuity Plan

Scale reading

Ways to act on Bac Local 5 New York Annuity Plan's numbers.

By total assets, Bac Local 5 New York Annuity Plan ranks in the top quartile 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
Bac Local 5 New York Annuity Plan's sponsor-wide assets have grown 27.5% 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 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.