Money Purchase · DOL Form 5500 · 2024

Building Services Local 2 Money Purchase Plan

Data updated 2026-08-11

$9M
Total assets
275
Participants
53rd
Percentile by assets
$31,369
Avg per participant
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Official DOL plan name: Building Services Local 2 Retirement Plan & Trust · Sponsored by Building Services Local 2 · New York · Other Services

$9M in assets, 275 participants

Building Services Local 2's Building Services Local 2 Retirement Plan & Trust reported $9M in total assets and 275 participants in its 2024 DOL Form 5500 filing, ranking in the 53rd 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.

  • 53rd percentile by assets (of 123,622 plans)
  • #5,585 in Other Services (7,719 peers)

Coverage in New York

Building Services Local 2 Retirement Plan & Trust covers 275 participants in New York, about 34% of the average New York filer (state average ~798 per filing). Assets: $9M.

$9M
total plan assets (2024 EOY)
275
covered participants
53rd
percentile by assets (of 123,622 plans)
$31,369
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Building Services Local 2 Retirement Plan & Trust reported net income fell from $365K in the plan year 2023 filing to $112K in the plan year 2024 filing.
  • Building Services Local 2 Retirement Plan & Trust reported participants fell from 287 in the plan year 2023 filing to 275 in the plan year 2024 filing.
  • Building Services Local 2 Retirement Plan & Trust end-of-year assets rose from $9M in the plan year 2023 filing to $9M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs New York filers

In New York, the average filing covers about 798 participants across 9,061 plans. Building Services Local 2 Retirement Plan & Trust reports 275 participants - about 34% of that state average ($9M EOY assets).

New York filing particulars

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$9M
Net Income$112K
Employer EIN111820127
Plan Effective Date1979-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Building Services Local 2)

$8M$8.2M$8.4M$8.6M$8.8M 202220232024 $8.08M $8.63M ▲ +6.8%
Total plan assets by year, all Building Services Local 2 plans on file
Year Plans Participants Total Assets
2022 1 311 $8M
2023 1 287 $9M
2024 1 275 $9M

Nearby Money Purchase Plans in New York

Peer Money Purchase plans, same state, same plan type, ranked by total assets.

Building Services Local 2 Retirement Plan & Trust vs. nearby Money Purchase plans in New York, assets vs. participants

Building Services Local 2 Retirement Plan & Trust vs. nearby Money Purchase plans in New York, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -202468 Total assets ($B) Participants Building Services Lo…Tiaa Retirement PlanYoung Men's Christia…McKinsey & Company, …Brookhaven Science A…Iron Workers Locals …
Building Services Local 2 Retirement Plan & Trust vs. nearby Money Purchase plans in New York, assets vs. participants

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to Building Services Local 2 Retirement Plan & Trust by total assets, not by location.

Frequently Asked Questions

How did Building Services Local 2 Retirement Plan & Trust assets move in 2024?
Building Services Local 2 Retirement Plan & Trust edged up modestly - up 1.4% during 2024, from $9M to $9M. Reported net income was $112K.
How have Building Services Local 2 plan assets changed over time?
Across 3 plan years on file (2022-2024), Building Services Local 2's sponsor-wide assets grew 6.7%, from $8M to $9M.
Which Money Purchase plans are similar in size to Building Services Local 2 Retirement Plan & Trust?
Among Money Purchase plans in other states, the closest by assets is Jefferson Community Health Center Inc. Employees Pension Plan in NE ($9M, 247 participants).

Next read for Building Services Local 2 Retirement Pla…

Filing takeaways

Ways to act on Building Services Local 2 Retirement Plan & Trust's numbers.

  • By total assets, Building Services Local 2 Retirement Plan & Trust ranks above the median plan by assets. See the largest plans
  • Compare it side-by-side against 3 similar Money Purchase plans in New York. Compare plans
  • Building Services Local 2's sponsor-wide assets have grown 6.7% since 2022 across 3 plan years on file. More Other Services plans