Profit Sharing · DOL Form 5500 · 2024
Tmt Bac Local Union #7 Profit Sharing Plan
Data updated 2026-08-25
- $214M
- Total assets Near avg plan size
- 1,234
- Participants Near avg headcount
- 95th
- Percentile by assets National rank
- $173,258
- Avg per participant Above avg balance/head
Official DOL plan name: The Local 7 Tile Industry Annuity Fund · Sponsored by Tmt Bac Local Union #7 · New York · Construction
$214M in assets, 1,234 participants
Tmt Bac Local Union #7's The Local 7 Tile Industry Annuity Fund reported $214M in total assets and 1,234 participants in its 2024 DOL Form 5500 filing, ranking in the 95th 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.
- #8,464 in Construction (9,039 peers)
Where The Local 7 Tile Industry Annuity Fund sits by assets
The Local 7 Tile Industry Annuity Fund sits in the top 5% of all filed plans by assets, $214M for 1,234 participants (~$173,258/participant), up 8.9% in 2024.
- #8,464
- in Construction (9,039 peers)
- +8.9%
- assets growth YoY
- 2.1×
- vs typical plan assets (national mean)
The Local 7 Tile Industry Annuity Fund's outsized position by total assets
The Local 7 Tile Industry Annuity Fund vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$213,799,780 Top 5% higher than 95% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
The Local 7 Tile Industry Annuity 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. The Local 7 Tile Industry Annuity Fund lands in the large band (1,234 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- The Local 7 Tile Industry Annuity Fund reported net income rose from $11M in the plan year 2023 filing to $18M in the plan year 2024 filing.
- The Local 7 Tile Industry Annuity Fund reported participants fell from 1,462 in the plan year 2023 filing to 1,234 in the plan year 2024 filing.
- The Local 7 Tile Industry Annuity Fund end-of-year assets rose from $196M in the plan year 2023 filing to $214M in the plan year 2024 filing.
Published 5500 schedule card
Filing strip 386829765 · Tmt Bac Local Union #7 PY 2024 · Profit Sharing
The Local 7 Tile Industry Annuity Fund · $214M · 1,234 · 95th
- RANK $214M
- PHOTO 1,234
- IND 95th
- EOY Profit Sharing
- 5500 near Three Rivers Annuity Fund
- ASSETS ind #8464
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 →
The Local 7 Tile Industry Annuity Fund in the asset neighbourhood
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $196M |
|---|---|
| Net Assets (End of Year) | $213M |
| Net Income | $18M |
| Employer EIN | 386829765 |
| Plan Effective Date | 2005-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Tmt Bac Local Union #7)
Sponsor-wide plan assets over time
All Tmt Bac Local Union #7 plans reported in each filing year
- Latest sponsor-wide plan assets
- $214M 15.238506871348289% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 1,465 | $186M |
| 2023 | 1 | 1,462 | $196M |
| 2024 | 1 | 1,234 | $214M |
Nearby Profit Sharing Plans in New York
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
- 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
The Local 7 Tile Industry Annuity Fund's out-of-state Profit Sharing peers by assets and headcount
Outside New York, the nearest Profit Sharing by assets is Three Rivers Annuity Fund in OH ($214M); by covered participants it is The Judge Rotenberg Educational Center, Inc. Retirement Plan in MA (1,234 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($214M here).
- Three Rivers Annuity Fund (OH) $214M · 960
- IBEW-NECA Retirement Plan (MO) $213M · 632
- Cc Industries and Affiliates Profit Sharing Plan for Salaried Employees (IL) $214M · 335
- Willamette University Defined Contribution Retirement Plan (OR) $212M · 730
Similar participant headcount
Nearest other-state filings by covered participants (1,234 participants); asset peers above are excluded.
- The Judge Rotenberg Educational Center, Inc. Retirement Plan (MA) 1,234 · 0 off
- Ons Savings Plan (CT) 1,230 · 4 off
- Brown Physicians, Inc. 401(a) Plan (RI) 1,225 · 9 off
- Operating Engineers Local 649 Annuity Trust Fund (IL) 1,225 · 9 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.