401(k) · DOL Form 5500 · 2024

Board Directors of Profit Sharing & 401(k) Retirement Plan Local 567 401(k) Plan

Data updated 2026-08-25

$73M
Total assets Below avg plan size
451
Participants Below avg headcount
88th
Percentile by assets National rank
$160,774
Avg per participant Above avg balance/head
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Official DOL plan name: Profit Sharing & 401(k) Retirement Plan Local 567 · Sponsored by Board Directors of Profit Sharing & 401(k) Retirement Plan Local 567 · Maine · Construction

$73M in assets, 451 participants

Board Directors of Profit Sharing & 401(k) Retirement Plan Local 567's Profit Sharing & 401(k) Retirement Plan Local 567 reported $73M in total assets and 451 participants in its 2024 DOL Form 5500 filing, ranking in the 88th 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.

  • #7,776 in Construction (9,039 peers)

Where Profit Sharing & 401(k) Retirement Plan Local 567 sits by assets

Profit Sharing & 401(k) Retirement Plan Local 567 sits in the top quartile of all filed plans by assets, $73M for 451 participants (~$160,774/participant), up 3.6% in 2024.

#7,776
in Construction (9,039 peers)
+3.6%
assets growth YoY
0.7×
vs typical plan assets (national mean)

Profit Sharing & 401(k) Retirement Plan Local 567's outsized position by total assets

Profit Sharing & 401(k) Retirement Plan Local 567 vs every filed plan by assets

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

$72,509,072 Top 12% higher than 88% 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

Profit Sharing & 401(k) Retirement Plan Local 567 among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Profit Sharing & 401(k) Retirement Plan Local 567 sits mid-pack in the medium band (451 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Profit Sharing & 401(k) Retirement Plan Local 567 reported net income fell from $11M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Profit Sharing & 401(k) Retirement Plan Local 567 reported participants rose from 401 in the plan year 2023 filing to 451 in the plan year 2024 filing.
  • Profit Sharing & 401(k) Retirement Plan Local 567 end-of-year assets rose from $70M in the plan year 2023 filing to $73M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 010439781 · Board Directors of Profit Sharing & 401(k) Retirement Plan Local 567 PY 2024 · 401(k)

Profit Sharing & 401(k) Retirement Plan Local 567 · $73M · 451 · 88th

  • BOY $73M
  • BOY 451
  • BOY 88th
  • BOY 401(k)
  • BOY near North American Dental Management, LLC 401(k) Plan
  • BOY ind #7776

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 Maine →

Profit Sharing & 401(k) Retirement Plan Local 567 in the asset neighbourhood

Playpower, Inc. 401(k) Retirement Savings PlanPlaypower, Inc. 401(k) Retir…$73MRohm Semiconductor USA, LLC Shared Savings PlanRohm Semiconductor USA, LLC …$73MNorth American Dental Management, LLC 401(k) PlanNorth American Dental Manage…$73MProfit Sharing & 401(k) Retirement Plan Local 567Profit Sharing & 401(k) Reti…$73MIndyne, Inc. 401(k) Plan$72M
End-of-year total assets ($M) among Profit Sharing & 401(k) Retirement Plan Local 567 and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$70M
Net Assets (End of Year)$73M
Net Income$3M
Employer EIN010439781
Plan Effective Date1981-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board Directors of Profit Sharing & 401(k) Retirement Plan Local 567)

Sponsor-wide plan assets over time

All Board Directors of Profit Sharing & 401(k) Retirement Plan Local 567 plans reported in each filing year

Latest sponsor-wide plan assets
$73M 22.923175270178458% vs 2022
2024 filing year
$55M$60M$65M$70M$75M 202220232024 $59M $72.5M ▲ +22.9%
Year Plans Participants Total Assets
2022 1 638 $59M
2023 1 401 $70M
2024 1 451 $73M

Nearby 401(k) Plans in Maine

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

Profit Sharing & 401(k) Retirement Plan Local 567 vs. nearby 401(k) plans in Maine, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -202468 Total assets ($B) Participants Profit Sharing & 401(k) Retirement Plan Local 567, Total assets ($B): 0.072509072 · Participants: 451Profit Sharing & 401(k) Retirement Plan Local 567Td 401(k) Retirement Plan, Total assets ($B): 5.971163889 · Participants: 31654Td 401(k) Retirement PlanUnum Group 401(k) Retirement Plan, Total assets ($B): 2.479947647 · Participants: 9451Unum Group 401(k) Retirement PlanIdexx Retirement and Incentive Savings Plan, Total assets ($B): 1.243344842 · Participants: 6776Idexx Retirement and Incentive Savings PlanHannaford Bros. Co. 401(k) Plan, Total assets ($B): 1.096724054 · Participants: 29915Hannaford Bros. Co. 401(k) PlanAhold Delhaize USA Services 401(k) Plan, Total assets ($B): 1.001892127 · Participants: 3012Ahold Delhaize USA Services 401(k) Plan
Profit Sharing & 401(k) Retirement Plan Local 567 vs. nearby 401(k) plans in Maine, assets vs. participants

Profit Sharing & 401(k) Retirement Plan Local 567's out-of-state 401(k) peers by assets and headcount

Outside Maine, the nearest 401(k) by assets is North American Dental Management, LLC 401(k) Plan in PA ($73M); by covered participants it is Aim Media 401(k) Plan in TX (451 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($73M here).

Similar participant headcount

Nearest other-state filings by covered participants (451 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 Profit Sharing & 401(k) Retirement Plan Local 567 assets move in 2024?
Profit Sharing & 401(k) Retirement Plan Local 567 edged up modestly - up 3.6% during 2024, from $70M to $73M. Reported net income was $3M.
How have Board Directors of Profit Sharing & 401(k) Retirement Plan Local 567 plan assets changed over time?
Across 3 plan years on file (2022-2024), Board Directors of Profit Sharing & 401(k) Retirement Plan Local 567's sponsor-wide assets grew 22.9%, from $59M to $73M.
Where does Profit Sharing & 401(k) Retirement Plan Local 567 rank by assets among Form 5500 filers?
Profit Sharing & 401(k) Retirement Plan Local 567 ranks in the 88th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Profit Sharing & 401(k) Retirement Plan Local 567?
Among 401(k) plans in other states, the closest by assets is North American Dental Management, LLC 401(k) Plan in PA ($73M, 3,119 participants).
Which 401(k) plans cover a similar participant headcount to Profit Sharing & 401(k) Retirement Plan Local 567?
Among 401(k) plans in other states, the closest by covered participants is Aim Media 401(k) Plan in TX (451 participants, $20M in assets).