Profit Sharing · DOL Form 5500 · 2024

Bd of Trustees Nj Building Laborers Statewide Annuity Fund Profit Sharing Plan

Data updated 2026-07-24

$248M
Total assets
7,247
Participants
95th
Percentile by assets
$34,289
Avg per participant
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Official DOL plan name: New Jersey Building Laborers Statewide Annuity Fund · Sponsored by Bd of Trustees Nj Building Laborers Statewide Annuity Fund · New Jersey · Construction

$248M in assets, 7,247 participants

Bd of Trustees Nj Building Laborers Statewide Annuity Fund's New Jersey Building Laborers Statewide Annuity Fund reported $248M in total assets and 7,247 participants in its 2024 DOL Form 5500 filing, ranking in the 95th 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.

  • 95th percentile by assets (of 116,472 plans)

Coverage in New Jersey

New Jersey Building Laborers Statewide Annuity Fund covers 7,247 participants in New Jersey, 8.4x the typical New Jersey plan (state average ~865 per filing). Assets: $248M.

$248M
total plan assets (2024 EOY)
7,247
covered participants
95th
percentile by assets (of 116,472 plans)
$34,289
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • New Jersey Building Laborers Statewide Annuity Fund reported net income fell from $19M in the plan year 2023 filing to $16M in the plan year 2024 filing.
  • New Jersey Building Laborers Statewide Annuity Fund end-of-year assets rose from $233M in the plan year 2023 filing to $248M in the plan year 2024 filing.
  • New Jersey Building Laborers Statewide Annuity Fund reported participants fell from 7,335 in the plan year 2023 filing to 7,247 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs New Jersey filers

In New Jersey, the average filing covers about 865 participants across 3,927 plans. New Jersey Building Laborers Statewide Annuity Fund reports 7,247 participants - 8.4x that state average ($248M EOY assets).

New Jersey filing particulars

Total Assets (Beginning of Year)$233M
Net Assets (End of Year)$245M
Net Income$16M
Employer EIN222450453
Plan Effective Date1983-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Bd of Trustees Nj Building Laborers Statewide Annuity Fund)

$200M$220M$240M$260M 202220232024 $214M $248M ▲ +16.0%
Total plan assets by year, all Bd of Trustees Nj Building Laborers Statewide Annuity Fund plans on file
Year Plans Participants Total Assets
2022 1 7,223 $214M
2023 1 7,335 $233M
2024 1 7,247 $248M

Nearby Profit Sharing Plans in New Jersey

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

New Jersey Building Laborers Statewide Annuity Fund vs. nearby Profit Sharing plans in New Jersey, assets vs. participants

New Jersey Building Laborers Statewide Annuity Fund vs. nearby Profit Sharing plans in New Jersey, assets vs. participants Scatter plot of 6 data points. 0200040006000800010000 0123 Total assets ($B) Participants New Jersey Building …Ernst & Young Partne…Heavy & General Labo…IBEW Local Union No …Kpmg Partner Retirem…Cooper Health System…
New Jersey Building Laborers Statewide Annuity Fund vs. nearby Profit Sharing plans in New Jersey, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to New Jersey Building Laborers Statewide Annuity Fund by total assets, not by location.

Frequently Asked Questions

How did New Jersey Building Laborers Statewide Annuity Fund assets move in 2024?
New Jersey Building Laborers Statewide Annuity Fund grew at a solid clip - up 6.8% during 2024, from $233M to $248M. Reported net income was $16M.
How have Bd of Trustees Nj Building Laborers Statewide Annuity Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Bd of Trustees Nj Building Laborers Statewide Annuity Fund's sponsor-wide assets grew 16.1%, from $214M to $248M.
Where does New Jersey Building Laborers Statewide Annuity Fund rank by assets among Form 5500 filers?
New Jersey Building Laborers Statewide Annuity Fund ranks in the 95th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which Profit Sharing plans are similar in size to New Jersey Building Laborers Statewide Annuity Fund?
Among Profit Sharing plans in other states, the closest by assets is Paul Weiss Rifkind Wharton & Garrison LLP Members' Pension & Retirement Plan in NY ($249M, 581 participants).

Next read for New Jersey Building Laborers Statewide A…

Filing takeaways

Ways to act on New Jersey Building Laborers Statewide Annuity Fund's numbers.

  • By total assets, New Jersey Building Laborers Statewide Annuity Fund ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Profit Sharing plans in New Jersey. Compare plans
  • Bd of Trustees Nj Building Laborers Statewide Annuity Fund's sponsor-wide assets have grown 16.1% 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 222450453.

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