Profit Sharing · DOL Form 5500 · 2024

Board of Trustees Laborers Local 231 Annuity Fund Profit Sharing Plan

Data updated 2026-08-25

$41M
Total assets Below avg plan size
766
Participants Near avg headcount
82nd
Percentile by assets National rank
$53,185
Avg per participant Low balance/head
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Official DOL plan name: Laborers Local 231 Annuity Fund · Sponsored by Board of Trustees Laborers Local 231 Annuity Fund · Illinois · Construction

$41M in assets, 766 participants

Board of Trustees Laborers Local 231 Annuity Fund's Laborers Local 231 Annuity Fund reported $41M in total assets and 766 participants in its 2024 DOL Form 5500 filing, ranking in the 82nd 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.

  • #7,242 in Construction (9,039 peers)

Where Laborers Local 231 Annuity Fund sits by assets

Laborers Local 231 Annuity Fund sits in the top quartile of all filed plans by assets, $41M for 766 participants (~$53,185/participant), up 16.4% in 2024.

#7,242
in Construction (9,039 peers)
+16.4%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Laborers Local 231 Annuity Fund's outsized position by total assets

Laborers Local 231 Annuity Fund vs every filed plan by assets

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

$40,740,049 Top 18% higher than 82% 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

Laborers Local 231 Annuity Fund 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. Laborers Local 231 Annuity Fund sits mid-pack in the medium band (766 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Laborers Local 231 Annuity Fund reported net income rose from $3M in the plan year 2023 filing to $6M in the plan year 2024 filing.
  • Laborers Local 231 Annuity Fund end-of-year assets rose from $35M in the plan year 2023 filing to $41M in the plan year 2024 filing.
  • Laborers Local 231 Annuity Fund reported participants rose from 745 in the plan year 2023 filing to 766 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 371230607 · Board of Trustees Laborers Local 231 Annuity Fund PY 2024 · Profit Sharing

Laborers Local 231 Annuity Fund · $41M · 766 · 82nd

  • TYPE $41M
  • TYPE 766
  • TYPE 82nd
  • TYPE Profit Sharing
  • TYPE near Ewtn 403(b) Retirement Savings Plan
  • TYPE ind #7242

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 Illinois →

Laborers Local 231 Annuity Fund in the asset neighbourhood

Geffen, Mesher & Co., P.C. 401(k) PlanGeffen, Mesher & Co., P.C. 4…$41MShannon & Wilson, Inc. Eligible Individual Account PlanShannon & Wilson, Inc. Eligi…$41MEwtn 403(b) Retirement Savings PlanEwtn 403(b) Retirement Savin…$41MLaborers Local 231 Annuity FundLaborers Local 231 Annuity F…$41MBlue Bell Creameries, Inc. Employee Stock Ownership PlanBlue Bell Creameries, Inc. E…$41M
End-of-year total assets ($M) among Laborers Local 231 Annuity Fund and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$35M
Net Assets (End of Year)$41M
Net Income$6M
Employer EIN371230607
Plan Effective Date1988-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees Laborers Local 231 Annuity Fund)

Sponsor-wide plan assets over time

All Board of Trustees Laborers Local 231 Annuity Fund plans reported in each filing year

Latest sponsor-wide plan assets
$41M 26.7495129607599% vs 2022
2024 filing year
$30M$35M$40M$45M 202220232024 $32.1M $40.7M ▲ +26.8%
Year Plans Participants Total Assets
2022 1 711 $32M
2023 1 745 $35M
2024 1 766 $41M

Nearby Profit Sharing Plans in Illinois

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

Laborers Local 231 Annuity Fund vs. nearby Profit Sharing plans in Illinois, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -101234 Total assets ($B) Participants Laborers Local 231 Annuity Fund, Total assets ($B): 0.040740049 · Participants: 766Laborers Local 231 Annuity FundW. W. Grainger, Inc. Retirement Savings Plan, Total assets ($B): 3.778311009 · Participants: 18584W. W. Grainger, Inc. Retirement Savings PlanElectrical Contractors Assoc. of the City of Chgo Union 134, IBEW Joint Pension Trust of Chgo Plan 5, Total assets ($B): 3.469243854 · Participants: 24278Electrical Contractors Assoc. of the City of Chgo Union 134, IBEW Joint Pension Trust of Chgo Plan 5Mcmaster-Carr Supply Company Profit Sharing Trust, Total assets ($B): 3.008828322 · Participants: 4364Mcmaster-Carr Supply Company Profit Sharing TrustMid-America Carpenters Regional Council Supplemental Retirement Plan, Total assets ($B): 2.023030159 · Participants: 15593Mid-America Carpenters Regional Council Supplemental Retirement PlanCarle Foundation Hospital and Affiliates Matching Tsa Plan, Total assets ($B): 1.368713933 · Participants: 16059Carle Foundation Hospital and Affiliates Matching Tsa Plan
Laborers Local 231 Annuity Fund vs. nearby Profit Sharing plans in Illinois, assets vs. participants
Compare Laborers Local 231 Annuity Fund side-by-side with 3 peers →

Laborers Local 231 Annuity Fund's out-of-state Profit Sharing peers by assets and headcount

Outside Illinois, the nearest Profit Sharing by assets is Ewtn 403(b) Retirement Savings Plan in AL ($41M); by covered participants it is T-Mobile Puerto Rico 1165(e) Plan in WA (766 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (766 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 Laborers Local 231 Annuity Fund assets move in 2024? ▼
Laborers Local 231 Annuity Fund grew sharply - up 16.4% during 2024, from $35M to $41M. Reported net income was $6M.
How have Board of Trustees Laborers Local 231 Annuity Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees Laborers Local 231 Annuity Fund's sponsor-wide assets grew 26.7%, from $32M to $41M.
Where does Laborers Local 231 Annuity Fund rank by assets among Form 5500 filers? ▼
Laborers Local 231 Annuity Fund ranks in the 82nd 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 Profit Sharing plans are similar in size to Laborers Local 231 Annuity Fund? ▼
Among Profit Sharing plans in other states, the closest by assets is Ewtn 403(b) Retirement Savings Plan in AL ($41M, 468 participants).
Which Profit Sharing plans cover a similar participant headcount to Laborers Local 231 Annuity Fund? ▼
Among Profit Sharing plans in other states, the closest by covered participants is T-Mobile Puerto Rico 1165(e) Plan in WA (766 participants, $71M in assets).

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 371230607.

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.