Profit Sharing · DOL Form 5500 · 2024
West Virginia Laborers Profit Sharing Plan
Data updated 2026-07-24
- $157M
- Total assets
- 5,755
- Participants
- 93rd
- Percentile by assets
- $27,228
- Avg per participant
Official DOL plan name: West Virginia Laborers Profit Sharing Plan · Sponsored by West Virginia Laborers · West Virginia · Construction
$157M in assets, 5,755 participants
West Virginia Laborers's West Virginia Laborers Profit Sharing Plan reported $157M in total assets and 5,755 participants in its 2024 DOL Form 5500 filing, ranking in the 93rd 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.
- 93rd percentile by assets (of 116,472 plans)
Coverage in West Virginia
West Virginia Laborers Profit Sharing Plan covers 5,755 participants in West Virginia, 12x the typical West Virginia plan (state average ~470 per filing). Assets: $157M.
- $157M
- total plan assets (2024 EOY)
- 5,755
- covered participants
- 93rd
- percentile by assets (of 116,472 plans)
- $27,228
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- West Virginia Laborers Profit Sharing Plan reported net income fell from $14M in the plan year 2023 filing to $6M in the plan year 2024 filing.
- West Virginia Laborers Profit Sharing Plan end-of-year assets rose from $151M in the plan year 2023 filing to $157M in the plan year 2024 filing.
Participants vs West Virginia filers
In West Virginia, the average filing covers about 470 participants across 351 plans. West Virginia Laborers Profit Sharing Plan reports 5,755 participants - 12x that state average ($157M EOY assets).
West Virginia filing particulars
| Total Assets (Beginning of Year) | $151M |
|---|---|
| Net Assets (End of Year) | $155M |
| Net Income | $6M |
| Employer EIN | 550772123 |
| Plan Effective Date | 1999-12-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (West Virginia Laborers)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 5,881 | $137M |
| 2023 | 1 | 5,751 | $151M |
| 2024 | 1 | 5,755 | $157M |
Nearby Profit Sharing Plans in West Virginia
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
West Virginia Laborers Profit Sharing Plan vs. nearby Profit Sharing plans in West Virginia, assets vs. participants
- Int Brotherhood of Electrical Workers Local 141 Profit Sharing Plan $114M · 285
- Ironworkers Local Union 549 and 550 Security Plan $54M · 3,813
- The Profit Sharing and Retirement Plan for the Mountain Company and the Laurel Management Group, Inc. $53M · 245
- Plumbers & Pipefitters Local 625 Pension Plan $48M · N/A
- Sheet Metal Workers Union Local No.24 Columbus Area Retirement Savings Plan $48M · 915
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to West Virginia Laborers Profit Sharing Plan by total assets, not by location.
- The Oriental Bank Coda Profit Sharing Plan (PR) $157M · 2,084
- Plumbers Lu No 690 Supplemental Retirement Plan (PA) $156M · 1,044
- Sheet Metal Workers Local Union No 25 New Jersey Annuity Fund (NJ) $158M · 410
- Independent Schools of Maryland and Greater Washington Multiple Employer Plan (MD) $155M · 696
Frequently Asked Questions
How did West Virginia Laborers Profit Sharing Plan assets move in 2024? ▼
How have West Virginia Laborers plan assets changed over time? ▼
Where does West Virginia Laborers Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Which Profit Sharing plans are similar in size to West Virginia Laborers Profit Sharing Plan? ▼
Next read for West Virginia Laborers Profit Sharing Pl…
Filing takeaways
Ways to act on West Virginia Laborers Profit Sharing Plan's numbers.
- By total assets, West Virginia Laborers Profit Sharing Plan ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in West Virginia. Compare plans
- West Virginia Laborers's sponsor-wide assets have grown 14.8% 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 550772123.
Read our methodology - how this data is sourced, computed, and verified.