Money Purchase · DOL Form 5500 · 2024
Board of Trustees Local 1298 Annuity Fund Money Purchase Plan
Data updated 2026-08-25
- $282M
- Total assets Near avg plan size
- 1,479
- Participants Near avg headcount
- 96th
- Percentile by assets National rank
- $190,426
- Avg per participant Above avg balance/head
Official DOL plan name: Laborers Local 1298 of Nassau & Suffolk Counties Annuity Fund · Sponsored by Board of Trustees Local 1298 Annuity Fund · New York · Construction
$282M in assets, 1,479 participants
Board of Trustees Local 1298 Annuity Fund's Laborers Local 1298 of Nassau & Suffolk Counties Annuity Fund reported $282M in total assets and 1,479 participants in its 2024 DOL Form 5500 filing, ranking in the 96th 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.
- #8,583 in Construction (9,039 peers)
Where Laborers Local 1298 of Nassau & Suffolk Counties Annuity Fund sits by assets
Laborers Local 1298 of Nassau & Suffolk Counties Annuity Fund sits in the top 5% of all filed plans by assets, $282M for 1,479 participants (~$190,426/participant), up 4.6% in 2024.
- #8,583
- in Construction (9,039 peers)
- +4.6%
- assets growth YoY
- 2.8×
- vs typical plan assets (national mean)
Laborers Local 1298 of Nassau & Suffolk Counties Annuity Fund's outsized position by total assets
Laborers Local 1298 of Nassau & Suffolk Counties Annuity Fund vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$281,640,540 Top 4% higher than 96% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Laborers Local 1298 of Nassau & Suffolk Counties Annuity Fund's large-plan peer group by participant headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Laborers Local 1298 of Nassau & Suffolk Counties Annuity Fund lands in the large band (1,479 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Laborers Local 1298 of Nassau & Suffolk Counties Annuity Fund reported net income fell from $19M in the plan year 2023 filing to $12M in the plan year 2024 filing.
- Laborers Local 1298 of Nassau & Suffolk Counties Annuity Fund end-of-year assets rose from $269M in the plan year 2023 filing to $282M in the plan year 2024 filing.
EBSA filing schedule strip
Filing strip 112911064 · Board of Trustees Local 1298 Annuity Fund PY 2024 · Money Purchase
Laborers Local 1298 of Nassau & Suffolk Counties Annuity Fund · $282M · 1,479 · 96th
- EOY $282M
- EOY 1,479
- EOY 96th
- EOY Money Purchase
- EOY near Redwood Empire Electrical Workers Individually Allocated Pension Plan
- EOY ind #8583
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 New York →
Laborers Local 1298 of Nassau & Suffolk Counties Annuity Fund in the asset neighbourhood
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $269M |
|---|---|
| Net Assets (End of Year) | $281M |
| Net Income | $12M |
| Employer EIN | 112911064 |
| Plan Effective Date | 1988-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees Local 1298 Annuity Fund)
Sponsor-wide plan assets over time
All Board of Trustees Local 1298 Annuity Fund plans reported in each filing year
- Latest sponsor-wide plan assets
- $282M 12.465304346427072% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 1,488 | $250M |
| 2023 | 1 | 1,482 | $269M |
| 2024 | 1 | 1,479 | $282M |
Nearby Money Purchase Plans in New York
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
- Tiaa Retirement Plan $5.9B · 11,906
- Young Men's Christian Association Retirement Fund Retirement Plan $3.9B · 47,199
- McKinsey & Company, Inc. (Mppp) Money Purchase Pension Plan $2.2B · 15,274
- Brookhaven Science Associates, LLC Retirement Plan $1.5B · 2,624
- Iron Workers Locals 40, 361 & 417 Annuity Fund $1.2B · 2,357
Laborers Local 1298 of Nassau & Suffolk Counties Annuity Fund's out-of-state Money Purchase peers by assets and headcount
Outside New York, the nearest Money Purchase by assets is Redwood Empire Electrical Workers Individually Allocated Pension Plan in CA ($283M); by covered participants it is IBEW Local Nos 570 & 518 and Southern Az Chap NECA Annuity in AZ (1,481 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($282M here).
Similar participant headcount
Nearest other-state filings by covered participants (1,479 participants); asset peers above are excluded.
- IBEW Local Nos 570 & 518 and Southern Az Chap NECA Annuity (AZ) 1,481 · 2 off
- Government Employees Health Assoc. , Inc. 401(k) Retirement Savings Plan (MO) 1,466 · 13 off
- Plumbers & Steamfitters 150 Profit Sharing Fund (TN) 1,463 · 16 off
- Middlebury College Core Retirement Plan (VT) 1,500 · 21 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.