Profit Sharing · DOL Form 5500 · 2024
Board of Trustees Laborers Local 231 Annuity Fund Profit Sharing Plan
Data updated 2026-07-24
- $41M
- Total assets
- 766
- Participants
- 82nd
- Percentile by assets
- $53,185
- Avg per participant
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.
- 82nd percentile by assets (of 116,472 plans)
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.
- $41M
- total plan assets (2024 EOY)
- 766
- covered participants
- 82nd
- percentile by assets (of 116,472 plans)
- $53,185
- avg assets per participant
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.
Laborers Local 231 Annuity Fund vs the 2024 asset distribution
By assets, Laborers Local 231 Annuity Fund outranks 82% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.4x the national average plan size of $100M (730 average participants).
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $35M |
|---|---|
| Net Assets (End of Year) | $41M |
| Net Income | $6M |
| Employer EIN | 371230607 |
| Plan Effective Date | 1988-05-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees Laborers Local 231 Annuity Fund)
| 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
- W. W. Grainger, Inc. Retirement Savings Plan $3.8B · 18,584
- Mcmaster-Carr Supply Company Profit Sharing Trust $3.0B · 4,364
- Midwest Operating Engineers Retirement Enhancement $758M · 16,506
- Structural Iron Workers Local #1 Annuity Plan $444M · 3,530
- Sidley Austin LLP Retirement Plan for Partners $435M · 638
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Laborers Local 231 Annuity Fund by total assets, not by location.
Frequently Asked Questions
How did Laborers Local 231 Annuity Fund assets move in 2024? ▼
How have Board of Trustees Laborers Local 231 Annuity Fund plan assets changed over time? ▼
Where does Laborers Local 231 Annuity Fund rank by assets among Form 5500 filers? ▼
Which Profit Sharing plans are similar in size to Laborers Local 231 Annuity Fund? ▼
Next read for Laborers Local 231 Annuity Fund
Scale reading
Ways to act on Laborers Local 231 Annuity Fund's numbers.
- By total assets, Laborers Local 231 Annuity Fund 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 Illinois. Compare plans
- Board of Trustees Laborers Local 231 Annuity Fund's sponsor-wide assets have grown 26.7% 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 371230607.
Read our methodology - how this data is sourced, computed, and verified.