Profit Sharing · DOL Form 5500 · 2024

Board of Trustees Derrickmens Annuity Fund, Local 197 Profit Sharing Plan

Data updated 2026-08-25

$44M
Total assets Below avg plan size
184
Participants Below avg headcount
83rd
Percentile by assets National rank
$241,260
Avg per participant Above avg balance/head
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Official DOL plan name: Derrickmens Annuity Fund, Local 197 · Sponsored by Board of Trustees Derrickmens Annuity Fund, Local 197 · New York · Construction

$44M in assets, 184 participants

Board of Trustees Derrickmens Annuity Fund, Local 197's Derrickmens Annuity Fund, Local 197 reported $44M in total assets and 184 participants in its 2024 DOL Form 5500 filing, ranking in the 83rd 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.

  • #7,328 in Construction (9,039 peers)

Coverage in New York

Derrickmens Annuity Fund, Local 197 covers 184 participants in New York, about 23% of the average New York filer (state average ~798 per filing). Assets: $44M.

#7,328
in Construction (9,039 peers)
+6.2%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Derrickmens Annuity Fund, Local 197's outsized position by total assets

Derrickmens Annuity Fund, Local 197 vs every filed plan by assets

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

$44,391,907 Top 17% higher than 83% 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

Derrickmens Annuity Fund, Local 197 among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Derrickmens Annuity Fund, Local 197 sits mid-pack in the medium band (184 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Derrickmens Annuity Fund, Local 197 reported net income fell from $6M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Derrickmens Annuity Fund, Local 197 reported participants rose from 170 in the plan year 2023 filing to 184 in the plan year 2024 filing.
  • Derrickmens Annuity Fund, Local 197 end-of-year assets rose from $42M in the plan year 2023 filing to $44M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 516112621 · Board of Trustees Derrickmens Annuity Fund, Local 197 PY 2024 · Profit Sharing

Derrickmens Annuity Fund, Local 197 · $44M · 184 · 83rd

  • EBSA $44M
  • EBSA 184
  • EBSA 83rd
  • EBSA Profit Sharing
  • EBSA near University School of Nashville Retirement Plan
  • EBSA ind #7328

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 →

Derrickmens Annuity Fund, Local 197 in the asset neighbourhood

Scchc Profit Sharing & 401(k) PlanScchc Profit Sharing & 401(k…$45MIBEW Local No. 32 NECA Profit Sharing Annuity PlanIBEW Local No. 32 NECA Profi…$45MUniversity School of Nashville Retirement PlanUniversity School of Nashvil…$45MDerrickmens Annuity Fund, Local 197Derrickmens Annuity Fund, Lo…$44MIntermec Fssp Spinoff Plan$44M
End-of-year total assets ($M) among Derrickmens Annuity Fund, Local 197 and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

New York filing particulars

Total Assets (Beginning of Year)$42M
Net Assets (End of Year)$44M
Net Income$2M
Employer EIN516112621
Plan Effective Date1969-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees Derrickmens Annuity Fund, Local 197)

Sponsor-wide plan assets over time

All Board of Trustees Derrickmens Annuity Fund, Local 197 plans reported in each filing year

Latest sponsor-wide plan assets
$44M 24.324062808652595% vs 2022
2024 filing year
$30M$35M$40M$45M$50M 202220232024 $35.7M $44.4M ▲ +24.3%
Year Plans Participants Total Assets
2022 1 229 $36M
2023 1 170 $42M
2024 1 184 $44M

Nearby Profit Sharing Plans in New York

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

Derrickmens Annuity Fund, Local 197 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 ($B) Participants Derrickmens Annuity Fund, Local 197, Total assets ($B): 0.044391907 · Participants: 184Derrickmens Annuity Fund, Local 197Annuity 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
Derrickmens Annuity Fund, Local 197 vs. nearby Profit Sharing plans in New York, assets vs. participants
Compare Derrickmens Annuity Fund, Local 197 side-by-side with 3 peers →

Derrickmens Annuity Fund, Local 197's out-of-state Profit Sharing peers by assets and headcount

Outside New York, the nearest Profit Sharing by assets is University School of Nashville Retirement Plan in TN ($45M); by covered participants it is Central Coast Vna & Hospice Inc and Affiliates 403(b) Plan in CA (184 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($44M here).

Similar participant headcount

Nearest other-state filings by covered participants (184 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 Derrickmens Annuity Fund, Local 197 assets move in 2024? ▼
Derrickmens Annuity Fund, Local 197 grew at a solid clip - up 6.2% during 2024, from $42M to $44M. Reported net income was $2M.
How have Board of Trustees Derrickmens Annuity Fund, Local 197 plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees Derrickmens Annuity Fund, Local 197's sponsor-wide assets grew 24.3%, from $36M to $44M.
Where does Derrickmens Annuity Fund, Local 197 rank by assets among Form 5500 filers? ▼
Derrickmens Annuity Fund, Local 197 ranks in the 83rd 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 Derrickmens Annuity Fund, Local 197? ▼
Among Profit Sharing plans in other states, the closest by assets is University School of Nashville Retirement Plan in TN ($45M, 214 participants).
Which Profit Sharing plans cover a similar participant headcount to Derrickmens Annuity Fund, Local 197? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Central Coast Vna & Hospice Inc and Affiliates 403(b) Plan in CA (184 participants, $14M 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 516112621.

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.