401(k) · DOL Form 5500 · 2024

Bd of Tees of Elevator Constructors Union Local No. 1 Annuity & 401(k) F 401(k) Plan

Data updated 2026-08-25

$1.7B
Total assets Very large vs avg
3,099
Participants Above avg headcount
99th
Percentile by assets National rank
$550,516
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Elevator Constructors Union Local 1 Annuity and 401(k) Fund · Sponsored by Bd of Tees of Elevator Constructors Union Local No. 1 Annuity & 401(k) F · New Jersey · Construction

$1.7B in assets, 3,099 participants

Bd of Tees of Elevator Constructors Union Local No. 1 Annuity & 401(k) F's Elevator Constructors Union Local 1 Annuity and 401(k) Fund reported $1.7B in total assets and 3,099 participants in its 2024 DOL Form 5500 filing, ranking in the 99th 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.

  • #8,969 in Construction (9,039 peers)

Coverage in New Jersey

Elevator Constructors Union Local 1 Annuity and 401(k) Fund covers 3,099 participants in New Jersey, 3.7x the typical New Jersey plan (state average ~844 per filing). Assets: $1.7B.

#8,969
in Construction (9,039 peers)
+9.4%
assets growth YoY
17×
vs typical plan assets (national mean)

Elevator Constructors Union Local 1 Annuity and 401(k) Fund's outsized position by total assets

Elevator Constructors Union Local 1 Annuity and 401(k) Fund vs every filed plan by assets

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

$1,706,048,699 Top 1% higher than 99% 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

Elevator Constructors Union Local 1 Annuity and 401(k) Fund's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Elevator Constructors Union Local 1 Annuity and 401(k) Fund lands in the large band (3,099 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Elevator Constructors Union Local 1 Annuity and 401(k) Fund reported net income fell from $165M in the plan year 2023 filing to $147M in the plan year 2024 filing.
  • Elevator Constructors Union Local 1 Annuity and 401(k) Fund end-of-year assets rose from $1.6B in the plan year 2023 filing to $1.7B in the plan year 2024 filing.
  • Elevator Constructors Union Local 1 Annuity and 401(k) Fund reported participants fell from 3,298 in the plan year 2023 filing to 3,099 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 516124191 · Bd of Tees of Elevator Constructors Union Local No. 1 Annuity & 401(k) F PY 2024 · 401(k)

Elevator Constructors Union Local 1 Annuity and 401(k) Fund · $1.7B · 3,099 · 99th

  • VS-ST $1.7B
  • VS-ST 3,099
  • VS-ST 99th
  • VS-ST 401(k)
  • VS-ST near Covington & Burling Retirement Savings Plan
  • VS-ST ind #8969

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 Jersey →

Elevator Constructors Union Local 1 Annuity and 401(k) Fund in the asset neighbourhood

Elevator Constructors Union Local 1 Annuity and 401(k) FundElevator Constructors Union …$1.7BCovington & Burling Retirement Savings PlanCovington & Burling Retireme…$1.7BJm Family Associates' Profit Sharing and 401(k) PlanJm Family Associates' Profit…$1.7BMantech International 401(k) PlanMantech International 401(k)…$1.7BCity National Bank Profit Sharing PlanCity National Bank Profit Sh…$1.7B
End-of-year total assets ($B) among Elevator Constructors Union Local 1 Annuity and 401(k) Fund and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

New Jersey filing particulars

Total Assets (Beginning of Year)$1.6B
Net Assets (End of Year)$1.7B
Net Income$147M
Employer EIN516124191
Plan Effective Date1966-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Bd of Tees of Elevator Constructors Union Local No. 1 Annuity & 401(k) F)

Sponsor-wide plan assets over time

All Bd of Tees of Elevator Constructors Union Local No. 1 Annuity & 401(k) F plans reported in each filing year

Latest sponsor-wide plan assets
$1.7B 22.325487217183696% vs 2022
2024 filing year
$1.3B$1.4B$1.5B$1.6B$1.7B$1.8B 202220232024 $1.39B $1.71B ▲ +23.0%
Year Plans Participants Total Assets
2022 1 3,272 $1.4B
2023 1 3,298 $1.6B
2024 1 3,099 $1.7B

Nearby 401(k) Plans in New Jersey

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Elevator Constructors Union Local 1 Annuity and 401(k) Fund vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Elevator Constructors Union Local 1 Annuity and 401(k) Fund, Total assets ($B): 1.706048699 · Participants: 3099Elevator Constructors Union Local 1 Annuity and 401(k) FundJPMorgan Chase 401(k) Savings Plan, Total assets ($B): 52.9134575 · Participants: 185532JPMorgan Chase 401(k) Savings PlanVerizon Savings Plan for Management Employees, Total assets ($B): 29.376133902 · Participants: 69218Verizon Savings Plan for Management EmployeesJohnson and Johnson Savings Plan, Total assets ($B): 23.58476515 · Participants: 42583Johnson and Johnson Savings PlanErnst & Young Retirement Savings Plan, Total assets ($B): 18.327167732 · Participants: 56714Ernst & Young Retirement Savings PlanMerck US Savings Plan, Total assets ($B): 14.970916966 · Participants: 27956Merck US Savings Plan
Elevator Constructors Union Local 1 Annuity and 401(k) Fund vs. nearby 401(k) plans in New Jersey, assets vs. participants

Elevator Constructors Union Local 1 Annuity and 401(k) Fund's out-of-state 401(k) peers by assets and headcount

Outside New Jersey, the nearest 401(k) by assets is Covington & Burling Retirement Savings Plan in DC ($1.7B); by covered participants it is Cp 401(k) Savings Plan in MN (3,098 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1.7B here).

Similar participant headcount

Nearest other-state filings by covered participants (3,099 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 Elevator Constructors Union Local 1 Annuity and 401(k) Fund assets move in 2024? ▼
Elevator Constructors Union Local 1 Annuity and 401(k) Fund grew at a solid clip - up 9.4% during 2024, from $1.6B to $1.7B. Reported net income was $147M.
How have Bd of Tees of Elevator Constructors Union Local No. 1 Annuity & 401(k) F plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Bd of Tees of Elevator Constructors Union Local No. 1 Annuity & 401(k) F's sponsor-wide assets grew 22.3%, from $1.4B to $1.7B.
Where does Elevator Constructors Union Local 1 Annuity and 401(k) Fund rank by assets among Form 5500 filers? ▼
Elevator Constructors Union Local 1 Annuity and 401(k) Fund ranks in the 99th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Elevator Constructors Union Local 1 Annuity and 401(k) Fund? ▼
Among 401(k) plans in other states, the closest by assets is Covington & Burling Retirement Savings Plan in DC ($1.7B, 2,138 participants).
Which 401(k) plans cover a similar participant headcount to Elevator Constructors Union Local 1 Annuity and 401(k) Fund? ▼
Among 401(k) plans in other states, the closest by covered participants is Cp 401(k) Savings Plan in MN (3,098 participants, $299M in assets).