Money Purchase · DOL Form 5500 · 2024

Asbestos Workers Syracuse Annuity Fund Money Purchase Plan

Data updated 2026-08-11

$10M
Total assets
75
Participants
56th
Percentile by assets
$138,134
Avg per participant
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Official DOL plan name: Asbestos Workers Syracuse Annuity Fund · Sponsored by Asbestos Workers Syracuse Annuity Fund · New York · Construction

$10M in assets, 75 participants

Asbestos Workers Syracuse Annuity Fund's Asbestos Workers Syracuse Annuity Fund reported $10M in total assets and 75 participants in its 2024 DOL Form 5500 filing, ranking in the 56th 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.

  • 56th percentile by assets (of 123,622 plans)
  • #4,949 in Construction (9,039 peers)

Asbestos Workers Syracuse Annuity Fund multi-year trail

Asbestos Workers Syracuse Annuity Fund's plans moved +22.5% in assets from 2022 to 2024; this filing shows Asbestos Workers Syracuse Annuity Fund at $10M / 75 participants.

$10M
total plan assets (2024 EOY)
75
covered participants
56th
percentile by assets (of 123,622 plans)
$138,134
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Asbestos Workers Syracuse Annuity Fund reported net income rose from $819K in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • Asbestos Workers Syracuse Annuity Fund end-of-year assets rose from $9M in the plan year 2023 filing to $10M in the plan year 2024 filing.
  • Asbestos Workers Syracuse Annuity Fund reported participants rose from 69 in the plan year 2023 filing to 75 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Asbestos Workers Syracuse Annuity Fund across 3 plan years on file

Across the 3 plan years Asbestos Workers Syracuse Annuity Fund has on file (2022-2024), sponsor-wide plan assets have moved from $8M to $10M, a gain of 22.5%, while reported participants moved from 71 to 75 (+5.6%). Peak year by sponsor assets: 2024 ($10M); trough: 2022 ($8M).

Asbestos Workers Syracuse Annuity Fund multi-year asset trail

$8M$9M$10M$11M 202220232024 $8.46M $10.4M ▲ +22.5%
Total plan assets by year, all Asbestos Workers Syracuse Annuity Fund plans on file
Year Plans Participants Total Assets
2022 1 71 $8M
2023 1 69 $9M
2024 1 75 $10M

Asbestos Workers Syracuse Annuity Fund filing trail (2024)

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$10M
Net Income$1M
Employer EIN161298413
Plan Effective Date1986-08-04
Filing StatusFILING RECEIVED

Nearby Money Purchase Plans in New York

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

Asbestos Workers Syracuse Annuity Fund vs. nearby Money Purchase plans in New York, assets vs. participants

Asbestos Workers Syracuse Annuity Fund vs. nearby Money Purchase plans in New York, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -202468 Total assets ($B) Participants Asbestos Workers Syr…Tiaa Retirement PlanYoung Men's Christia…McKinsey & Company, …Brookhaven Science A…Iron Workers Locals …
Asbestos Workers Syracuse Annuity Fund 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 Asbestos Workers Syracuse Annuity Fund by total assets, not by location.

Frequently Asked Questions

How did Asbestos Workers Syracuse Annuity Fund assets move in 2024?
Asbestos Workers Syracuse Annuity Fund grew at a solid clip - up 11.7% during 2024, from $9M to $10M. Reported net income was $1M.
How have Asbestos Workers Syracuse Annuity Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Asbestos Workers Syracuse Annuity Fund's sponsor-wide assets grew 22.5%, from $8M to $10M.
Which Money Purchase plans are similar in size to Asbestos Workers Syracuse Annuity Fund?
Among Money Purchase plans in other states, the closest by assets is Iupat District Council No. 21 of Northeastern PA Annuity Plan in PA ($10M, 307 participants).

Next read for Asbestos Workers Syracuse Annuity Fund

Multi-year trail

Ways to act on Asbestos Workers Syracuse Annuity Fund's numbers.

  • By total assets, Asbestos Workers Syracuse Annuity Fund 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
  • Asbestos Workers Syracuse Annuity Fund's sponsor-wide assets have grown 22.5% since 2022 across 3 plan years on file. More Construction plans