Profit Sharing · DOL Form 5500 · 2024

Board of Trustees Buffalo Laborers Security Fund Profit Sharing Plan

Data updated 2026-08-25

$42M
Total assets Below avg plan size
1,099
Participants Near avg headcount
82nd
Percentile by assets National rank
$38,246
Avg per participant Low balance/head
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Official DOL plan name: Buffalo Laborers Security Fund · Sponsored by Board of Trustees Buffalo Laborers Security Fund · New York · Construction

$42M in assets, 1,099 participants

Board of Trustees Buffalo Laborers Security Fund's Buffalo Laborers Security Fund reported $42M in total assets and 1,099 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.

  • #7,268 in Construction (9,039 peers)

Where Buffalo Laborers Security Fund sits by assets

Buffalo Laborers Security Fund sits in the top quartile of all filed plans by assets, $42M for 1,099 participants (~$38,246/participant), up 20.5% in 2024.

#7,268
in Construction (9,039 peers)
+20.5%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Buffalo Laborers Security Fund's outsized position by total assets

Buffalo Laborers Security Fund vs every filed plan by assets

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

$42,032,625 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

Buffalo Laborers Security 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. Buffalo Laborers Security Fund lands in the large band (1,099 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Buffalo Laborers Security Fund end-of-year assets rose from $35M in the plan year 2023 filing to $42M in the plan year 2024 filing.
  • Buffalo Laborers Security Fund reported net income rose from $6M in the plan year 2023 filing to $7M in the plan year 2024 filing.
  • Buffalo Laborers Security Fund reported participants fell from 1,208 in the plan year 2023 filing to 1,099 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 161605100 · Board of Trustees Buffalo Laborers Security Fund PY 2024 · Profit Sharing

Buffalo Laborers Security Fund · $42M · 1,099 · 82nd

  • BOOK $42M
  • BOOK 1,099
  • BOOK 82nd
  • BOOK Profit Sharing
  • BOOK near Lewis Rice Kansas City Savings Plan
  • BOOK ind #7268

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 →

Buffalo Laborers Security Fund in the asset neighbourhood

Hstp Profit Sharing Plan$42MOregon Federation of Nurses & Health Professionals Kaiser Foundation Health Plan Retirement Plan & TrustOregon Federation of Nurses …$42MLewis Rice Kansas City Savings PlanLewis Rice Kansas City Savin…$42MBuffalo Laborers Security FundBuffalo Laborers Security Fu…$42MPenobscot Community Health Center 403(b) PlanPenobscot Community Health C…$42M
End-of-year total assets ($M) among Buffalo Laborers Security 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)$42M
Net Income$7M
Employer EIN161605100
Plan Effective Date2001-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees Buffalo Laborers Security Fund)

Sponsor-wide plan assets over time

All Board of Trustees Buffalo Laborers Security Fund plans reported in each filing year

Latest sponsor-wide plan assets
$42M 49.46653062019865% vs 2022
2024 filing year
$25M$30M$35M$40M$45M 202220232024 $28.1M $42M ▲ +49.5%
Year Plans Participants Total Assets
2022 1 1,282 $28M
2023 1 1,208 $35M
2024 1 1,099 $42M

Nearby Profit Sharing Plans in New York

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

Buffalo Laborers Security Fund vs. nearby Profit Sharing plans in New York, assets vs. participants Scatter plot of 6 data points. 05000100001500020000 -0.500.511.522.5 Total assets ($B) Participants Buffalo Laborers Security Fund, Total assets ($B): 0.042032625 · Participants: 1099Buffalo Laborers Security FundAnnuity Plan of the Electrical Industry, Total assets ($B): 2.296401236 · Participants: 18200Annuity Plan of the Electrical IndustryAnnuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIO, Total assets ($B): 2.056246349 · Participants: 3278Annuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIOAnnuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIO, Total assets ($B): 1.821807482 · Participants: 5817Annuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIOThe Research Foundation for the State University of New York Retirement Plan, Total assets ($B): 1.269293939 · Participants: 9758The Research Foundation for the State University of New York Retirement PlanRochester Regional Health 403(b) Defined Contribution Plan, Total assets ($B): 0.987006461 · Participants: 15432Rochester Regional Health 403(b) Defined Contribution Plan
Buffalo Laborers Security Fund vs. nearby Profit Sharing plans in New York, assets vs. participants

Buffalo Laborers Security Fund's out-of-state Profit Sharing peers by assets and headcount

Outside New York, the nearest Profit Sharing by assets is Lewis Rice Kansas City Savings Plan in MO ($42M); by covered participants it is I.B.E.W. Local 855 Defined Contribution Pension Plan & Trust in IN (1,093 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,099 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 Buffalo Laborers Security Fund assets move in 2024?
Buffalo Laborers Security Fund grew sharply - up 20.5% during 2024, from $35M to $42M. Reported net income was $7M.
How have Board of Trustees Buffalo Laborers Security Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees Buffalo Laborers Security Fund's sponsor-wide assets grew 49.5%, from $28M to $42M.
Where does Buffalo Laborers Security Fund rank by assets among Form 5500 filers?
Buffalo Laborers Security 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 Buffalo Laborers Security Fund?
Among Profit Sharing plans in other states, the closest by assets is Lewis Rice Kansas City Savings Plan in MO ($42M, 57 participants).
Which Profit Sharing plans cover a similar participant headcount to Buffalo Laborers Security Fund?
Among Profit Sharing plans in other states, the closest by covered participants is I.B.E.W. Local 855 Defined Contribution Pension Plan & Trust in IN (1,093 participants, $25M in assets).