Profit Sharing · DOL Form 5500 · 2024

Board of Trustees Asbestos Workers Savings Plan Profit Sharing Plan

Data updated 2026-08-06

$12M
Total assets
404
Participants
59th
Percentile by assets
$29,307
Avg per participant
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Official DOL plan name: Asbestos Workers Savings Plan · Sponsored by Board of Trustees Asbestos Workers Savings Plan · Pennsylvania · Construction

$12M in assets, 404 participants

Board of Trustees Asbestos Workers Savings Plan's Asbestos Workers Savings Plan reported $12M in total assets and 404 participants in its 2024 DOL Form 5500 filing, ranking in the 59th 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.

  • 59th percentile by assets (of 116,472 plans)

Coverage in Pennsylvania

Asbestos Workers Savings Plan covers 404 participants in Pennsylvania, about 49% of the average Pennsylvania filer (state average ~824 per filing). Assets: $12M.

$12M
total plan assets (2024 EOY)
404
covered participants
59th
percentile by assets (of 116,472 plans)
$29,307
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Asbestos Workers Savings Plan end-of-year assets rose from $7M in the plan year 2023 filing to $12M in the plan year 2024 filing.
  • Asbestos Workers Savings Plan reported net income rose from $4M in the plan year 2023 filing to $5M in the plan year 2024 filing.
  • Asbestos Workers Savings Plan reported participants rose from 395 in the plan year 2023 filing to 404 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs Pennsylvania filers

In Pennsylvania, the average filing covers about 824 participants across 5,360 plans. Asbestos Workers Savings Plan reports 404 participants - about 49% of that state average ($12M EOY assets).

Pennsylvania filing particulars

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$12M
Net Income$5M
Employer EIN863729421
Plan Effective Date2021-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees Asbestos Workers Savings Plan)

$0M$5M$10M$15M 202220232024 $3.66M $11.8M ▲ +223.5%
Total plan assets by year, all Board of Trustees Asbestos Workers Savings Plan plans on file
Year Plans Participants Total Assets
2022 1 388 $4M
2023 1 395 $7M
2024 1 404 $12M

Nearby Profit Sharing Plans in Pennsylvania

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

Asbestos Workers Savings Plan vs. nearby Profit Sharing plans in Pennsylvania, assets vs. participants

Asbestos Workers Savings Plan vs. nearby Profit Sharing plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 -0.500.511.522.5 Total assets ($B) Participants Asbestos Workers Sav…Eastern Atlantic Sta…University of Pennsy…International Brothe…Temple University He…Steamfitters Local U…
Asbestos Workers Savings Plan vs. nearby Profit Sharing plans in Pennsylvania, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Asbestos Workers Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Asbestos Workers Savings Plan assets move in 2024?
Asbestos Workers Savings Plan surged - up 63.0% during 2024, from $7M to $12M. Reported net income was $5M.
How have Board of Trustees Asbestos Workers Savings Plan plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees Asbestos Workers Savings Plan's sponsor-wide assets grew 223.1%, from $4M to $12M.
Which Profit Sharing plans are similar in size to Asbestos Workers Savings Plan?
Among Profit Sharing plans in other states, the closest by assets is Shriver Nursing Services, Inc 403(b) Plan in MA ($12M, 134 participants).

Next read for Asbestos Workers Savings Plan

Filing takeaways

Ways to act on Asbestos Workers Savings Plan's numbers.

  • By total assets, Asbestos Workers Savings Plan ranks above the median plan by assets. See the largest plans
  • Compare it side-by-side against 3 similar Profit Sharing plans in Pennsylvania. Compare plans
  • Board of Trustees Asbestos Workers Savings Plan's sponsor-wide assets have grown 223.1% since 2022 across 3 plan years on file. More Construction 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 863729421.

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