Other · DOL Form 5500 · 2024

Asbestos Workers Local Union Defined Contribution Plan Retirement Plan

Data updated 2026-08-25

$2M
Total assets Small plan by assets
164
Participants Small participant base
29th
Percentile by assets National rank
$12,202
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Asbestos Workers Local Union 55 Defined Contribution Plan · Sponsored by Asbestos Workers Local Union Defined Contribution Plan · Alabama · Construction

$2M in assets, 164 participants

Asbestos Workers Local Union Defined Contribution Plan's Asbestos Workers Local Union 55 Defined Contribution Plan reported $2M in total assets and 164 participants in its 2024 DOL Form 5500 filing, ranking in the 29th 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.

  • #2,521 in Construction (9,039 peers)

Coverage in Alabama

Asbestos Workers Local Union 55 Defined Contribution Plan covers 164 participants in Alabama, about 46% of the average Alabama filer (state average ~360 per filing). Assets: $2M.

#2,521
in Construction (9,039 peers)
-1.0%
assets change YoY

The plan reported a net loss of $21K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Asbestos Workers Local Union 55 Defined Contribution Plan among the smaller filed plans by assets

Asbestos Workers Local Union 55 Defined Contribution Plan vs every filed plan by assets

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

$2,001,191 29th percentile higher than 29% 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

Asbestos Workers Local Union 55 Defined Contribution Plan 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. Asbestos Workers Local Union 55 Defined Contribution Plan sits mid-pack in the medium band (164 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Asbestos Workers Local Union 55 Defined Contribution Plan reported net income fell from $154K in the plan year 2023 filing to -$21K in the plan year 2024 filing.
  • Asbestos Workers Local Union 55 Defined Contribution Plan reported participants fell from 170 in the plan year 2023 filing to 164 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 631209476 · Asbestos Workers Local Union Defined Contribution Plan PY 2024 · Other

Asbestos Workers Local Union 55 Defined Contribution Plan · $2M · 164 · 29th

  • PCT $2M
  • PCT 164
  • PCT 29th
  • PCT Other
  • PCT near 401(k) Profit Sharing Plan for Employees of the Arc of Anchorage
  • PCT ind #2521

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 Alabama →

Asbestos Workers Local Union 55 Defined Contribution Plan in the asset neighbourhood

Bryce Canyon Natural History Association 403(b)Bryce Canyon Natural History…$2MAlepr Profit-Sharing Retirement PlanAlepr Profit-Sharing Retirem…$2MAsbestos Workers Local Union 55 Defined Contribution PlanAsbestos Workers Local Union…$2M401(k) Profit Sharing Plan for Employees of the Arc of Anchorage401(k) Profit Sharing Plan f…$2MGreater Texas Foundation, Inc. Retirement Plan and TrustGreater Texas Foundation, In…$2M
End-of-year total assets ($M) among Asbestos Workers Local Union 55 Defined Contribution Plan and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2024.

Alabama filing particulars

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$2M
Net Income-$21K
Employer EIN631209476
Plan Effective Date1998-11-13
Filing StatusFILING RECEIVED

Sponsor Plan History (Asbestos Workers Local Union Defined Contribution Plan)

Sponsor-wide plan assets over time

All Asbestos Workers Local Union Defined Contribution Plan plans reported in each filing year

Latest sponsor-wide plan assets
$2M 6.458278030140617% vs 2022
2024 filing year
$1.85M$1.9M$1.95M$2M$2.05M 202220232024 $1.88M $2M ▲ +6.4%
Year Plans Participants Total Assets
2022 1 141 $2M
2023 1 170 $2M
2024 1 164 $2M

Nearby Other Plans in Alabama

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

Asbestos Workers Local Union 55 Defined Contribution Plan vs. nearby Other plans in Alabama, assets vs. participants Scatter plot of 6 data points. -20000200040006000 -0.500.511.52 Total assets ($B) Participants Asbestos Workers Local Union 55 Defined Contribution Plan, Total assets ($B): 0.002001191 · Participants: 164Asbestos Workers Local Union 55 Defined Contribution PlanUniversity of Alabama Health Services Foundation P.C. 403(b) Retirement Annuity Plan, Total assets ($B): 1.575132187 · Participants: 4817University of Alabama Health Services Foundation P.C. 403(b) Retirement Annuity PlanSamford University 403(b) Salary Deferral and Defined Contribution Plan, Total assets ($B): 0.127048729 · Participants: 1431Samford University 403(b) Salary Deferral and Defined Contribution PlanDrummond Company, Inc. Savings Plan for Salaried Employees, Total assets ($B): 0.125546344 · Participants: 469Drummond Company, Inc. Savings Plan for Salaried EmployeesUab Medicine Enterprise 403(b) Retirement Plan, Total assets ($B): 0.098793998 · Participants: 574Uab Medicine Enterprise 403(b) Retirement PlanPlumbers & Pipefitters Local 760 Savings and Investment Plan, Total assets ($B): 0.068174463 · Participants: 1343Plumbers & Pipefitters Local 760 Savings and Investment Plan
Asbestos Workers Local Union 55 Defined Contribution Plan vs. nearby Other plans in Alabama, assets vs. participants

Asbestos Workers Local Union 55 Defined Contribution Plan's out-of-state Other peers by assets and headcount

Outside Alabama, the nearest Other by assets is 401(k) Profit Sharing Plan for Employees of the Arc of Anchorage in AK ($2M); by covered participants it is Nachri Tax Deferred Annuity Plan in KS (164 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (164 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 Asbestos Workers Local Union 55 Defined Contribution Plan assets move in 2024?
Asbestos Workers Local Union 55 Defined Contribution Plan held essentially flat - down 1.0% during 2024, from $2M to $2M. Reported net income was -$21K.
How have Asbestos Workers Local Union Defined Contribution Plan plan assets changed over time?
Across 3 plan years on file (2022-2024), Asbestos Workers Local Union Defined Contribution Plan's sponsor-wide assets grew 6.5%, from $2M to $2M.
Which Other plans are similar in size to Asbestos Workers Local Union 55 Defined Contribution Plan?
Among Other plans in other states, the closest by assets is 401(k) Profit Sharing Plan for Employees of the Arc of Anchorage in AK ($2M, 260 participants).
Which Other plans cover a similar participant headcount to Asbestos Workers Local Union 55 Defined Contribution Plan?
Among Other plans in other states, the closest by covered participants is Nachri Tax Deferred Annuity Plan in KS (164 participants, $38M in assets).