Profit Sharing · DOL Form 5500 · 2024

The Board of Trustees of the Food & Beverage Workers Union 23 & Emp. P Profit Sharing Plan

Data updated 2026-07-24

$50M
Total assets: 5,107
Participants: 84th
Percentile by assets: $9,765
Avg per participant

Official DOL plan name: Food & Beverage Workers Union Local 23 & Employers Pension Plan · Sponsored by The Board of Trustees of the Food & Beverage Workers Union 23 & Emp. P · Arizona · Food Services & Accommodation

$50M in assets, 5,107 participants

The Board of Trustees of the Food & Beverage Workers Union 23 & Emp. P's Food & Beverage Workers Union Local 23 & Employers Pension Plan reported $50M in total assets and 5,107 participants in its 2024 DOL Form 5500 filing, ranking in the 84th 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.

84th percentile by assets (of 116,472 plans)

Coverage in Arizona

Food & Beverage Workers Union Local 23 & Employers Pension Plan covers 5,107 participants in Arizona, 8.9x the typical Arizona plan (state average ~577 per filing). Assets: $50M.

$50M
total plan assets (2024 EOY): 5,107
covered participants: 84th
percentile by assets (of 116,472 plans): $9,765
avg assets per participant

Food & Beverage Workers Union Local 23 & Employers Pension Plan reported participants rose from 1,680 in the plan year 2023 filing to 5,107 in the plan year 2024 filing.
Food & Beverage Workers Union Local 23 & Employers Pension Plan end-of-year assets rose from $44M in the plan year 2023 filing to $50M in the plan year 2024 filing.
Food & Beverage Workers Union Local 23 & Employers Pension Plan reported net income fell from $6M in the plan year 2023 filing to $6M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Arizona

Industry

Food Services & Accommodation

Participants vs Arizona filers

In Arizona, the average filing covers about 577 participants across 2,182 plans. Food & Beverage Workers Union Local 23 & Employers Pension Plan reports 5,107 participants - 8.9x that state average ($50M EOY assets).

Arizona filing particulars

Total Assets (Beginning of Year)	$44M
Net Assets (End of Year)	$50M
Net Income	$6M
Employer EIN	521806724
Plan Effective Date	1992-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (The Board of Trustees of the Food & Beverage Workers Union 23 & Emp. P)

Total plan assets by year, all The Board of Trustees of the Food & Beverage Workers Union 23 & Emp. P plans on file

Year	Plans	Participants	Total Assets
2022	1	977	$37M
2023	1	1,680	$44M
2024	1	5,107	$50M

Nearby Profit Sharing Plans in Arizona

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Food & Beverage Workers Union Local 23 & Employers Pension Plan vs. nearby Profit Sharing plans in Arizona, assets vs. participants

Preferred Employer Plan II $76M · 415
Kitchell Affiliates Employees' Profit Sharing Plan $66M · 557
M R Sheet Metal Mfg Inc Profit Sharing Plan Trust $49M · 25
Center for Biological Diversity 403(b) DC Plan $34M · 187
Sobel Medical Consultants, PC Profit Sharing Plan $34M · 21

Compare Food & Beverage Workers Union Local 23 &… side-by-side with 3 peers →

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Food & Beverage Workers Union Local 23 & Employers Pension Plan by total assets, not by location.

Atlantic Anesthesia, Inc. Profit Sharing Plan (VA) $50M · 120
Bsa Lifestructures, Inc. 401(k) Plan (IN) $50M · 209
Whap PA Profit Sharing Plan (NC) $50M · N/A
Landon School Retirement Plan (MD) $49M · 282

Frequently Asked Questions

How did Food & Beverage Workers Union Local 23 & Employers Pension Plan assets move in 2024? ▼

Food & Beverage Workers Union Local 23 & Employers Pension Plan grew at a solid clip - up 13.9% during 2024, from $44M to $50M. Reported net income was $6M.

How have The Board of Trustees of the Food & Beverage Workers Union 23 & Emp. P plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), The Board of Trustees of the Food & Beverage Workers Union 23 & Emp. P's sponsor-wide assets grew 33.9%, from $37M to $50M.

Where does Food & Beverage Workers Union Local 23 & Employers Pension Plan rank by assets among Form 5500 filers? ▼

Food & Beverage Workers Union Local 23 & Employers Pension Plan ranks in the 84th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).

Which Profit Sharing plans are similar in size to Food & Beverage Workers Union Local 23 & Employers Pension Plan? ▼

Among Profit Sharing plans in other states, the closest by assets is Atlantic Anesthesia, Inc. Profit Sharing Plan in VA ($50M, 120 participants).

Next read for Food & Beverage Workers Union Local 23 &…

Filing takeaways

Ways to act on Food & Beverage Workers Union Local 23 & Employers Pension Plan's numbers.

By total assets, Food & Beverage Workers Union Local 23 & Employers Pension Plan ranks in the top quartile of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Profit Sharing plans in Arizona. Compare plans
The Board of Trustees of the Food & Beverage Workers Union 23 & Emp. P's sponsor-wide assets have grown 33.9% since 2022 across 3 plan years on file. More Food Services & Accommodation plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 521806724.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.