Profit Sharing · DOL Form 5500 · 2024
The Building Industry Electrical Contractors Association, Inc. Profit Sharing Plan
Data updated 2026-08-11
- $116M
- Total assets
- 853
- Participants
- 91st
- Percentile by assets
- $136,464
- Avg per participant
Official DOL plan name: Building Trades Annuity Benefit Fund · Sponsored by The Building Industry Electrical Contractors Association, Inc. · New York · Construction
$116M in assets, 853 participants
The Building Industry Electrical Contractors Association, Inc.'s Building Trades Annuity Benefit Fund reported $116M in total assets and 853 participants in its 2024 DOL Form 5500 filing, ranking in the 91st 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.
- 91st percentile by assets (of 123,622 plans)
- #8,129 in Construction (9,039 peers)
Where Building Trades Annuity Benefit Fund sits by assets
Building Trades Annuity Benefit Fund sits in the top 10% of all filed plans by assets, $116M for 853 participants (~$136,464/participant), up 11.0% in 2024.
- $116M
- total plan assets (2024 EOY)
- 853
- covered participants
- 91st
- percentile by assets (of 123,622 plans)
- $136,464
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Building Trades Annuity Benefit Fund reported participants fell from 1,297 in the plan year 2023 filing to 853 in the plan year 2024 filing.
- Building Trades Annuity Benefit Fund end-of-year assets rose from $105M in the plan year 2023 filing to $116M in the plan year 2024 filing.
- Building Trades Annuity Benefit Fund reported net income rose from $11M in the plan year 2023 filing to $12M in the plan year 2024 filing.
Building Trades Annuity Benefit Fund vs the 2024 asset distribution
By assets, Building Trades Annuity Benefit Fund outranks 91% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.2x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $105M |
|---|---|
| Net Assets (End of Year) | $116M |
| Net Income | $12M |
| Employer EIN | 261140509 |
| Plan Effective Date | 1996-02-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (The Building Industry Electrical Contractors Association, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 3,353 | $269M |
| 2023 | 2 | 2,265 | $309M |
| 2024 | 2 | 1,688 | $353M |
Nearby Profit Sharing Plans in New York
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
Building Trades Annuity Benefit Fund vs. nearby Profit Sharing plans in New York, assets vs. participants
- Annuity Plan of the Electrical Industry $2.3B · 18,200
- 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
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Building Trades Annuity Benefit Fund by total assets, not by location.
- Healthalliance Partnership Retirement Savings Plan (MA) $117M · 1,402
- The Medical Faculty Associates 401(a) Retirement Plan (DC) $116M · 917
- The Agma Retirement Plan (PA) $117M · 8,463
- The Torrance Health Association Inc 401(a) Plan (CA) $115M · 5,096
Frequently Asked Questions
How did Building Trades Annuity Benefit Fund assets move in 2024? ▼
How have The Building Industry Electrical Contractors Association, Inc. plan assets changed over time? ▼
Where does Building Trades Annuity Benefit Fund rank by assets among Form 5500 filers? ▼
Which Profit Sharing plans are similar in size to Building Trades Annuity Benefit Fund? ▼
Next read for Building Trades Annuity Benefit Fund
Scale reading
Ways to act on Building Trades Annuity Benefit Fund's numbers.
- By total assets, Building Trades Annuity Benefit Fund ranks in the top 10% 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
- The Building Industry Electrical Contractors Association, Inc.'s sponsor-wide assets have grown 31.3% since 2022 across 3 plan years on file. More Construction plans