Industry · Form 5500 business code 238300
Building Finishing Contractors (including drywall, insulation, painting, wallcovering, flooring, tile, & finish carpentry): retirement plans
Plans whose sponsor entered this principal business activity code on Form 5500.
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. The business code is chosen by the filer from the list in the Form 5500 instructions.
219 retirement plans in building finishing contractors (including drywall, insulation, painting, wallcovering, flooring, tile, & finish carpentry) with 100 or more participants filed Form 5500 for plan year 2024 (183 defined contribution, 36 defined benefit). All Form 5500 pension filers in the group reported 457,078 participant records and $24.5B in net assets.
The median defined contribution plan held $35,941 per participant, well below the national median of $53,031, and its employer put in $1,913 per active participant (national: $2,174). Among plans reporting Schedule C compensation the median was $138 per participant against $123 nationally.
Employers contributed $1.62B and participants $236M during the year, and the plans paid out $2.20B in benefits.
In 2009 the same group numbered 205 plans with $11.7B; by 2024 it was 219 plans (up 7%) and $24.5B (up 110%). From plan year 2023 the 100-participant line counts participants with account balances, which moved many plans to the short form.
Medians compared with all US plans
| Median plan, plan year 2024 | Industry: DC | US: DC | Industry: DB | US: DB |
|---|---|---|---|---|
| Net assets per participant | $35,941 | $53,031 | $84,353 | $86,234 |
| Employer contributions per active participant | $1,913 | $2,174 | $12,175 | $10,244 |
| Schedule C compensation per participant | $138 | $123 | $465 | $344 |
| Schedule C compensation, share of net assets | 0.41% | 0.26% | 0.52% | 0.42% |
| Administrative expenses per participant | $154 | $116 | $673 | $527 |
Medians across plans with 100 or more participants (164 DC and 34 DB plans with a Schedule H here). Fee medians cover plans reporting an amount. DC: defined contribution, such as 401(k) and 403(b). DB: defined benefit pension.
Distribution of DC plans
| Measure | 25th percentile | Median | 75th percentile | Plans |
|---|---|---|---|---|
| Net assets per participant | $23,280 | $35,941 | $69,556 | 164 |
| Employer contributions per active participant | $1,028 | $1,913 | $4,359 | 166 |
| Schedule C compensation per participant | $63.20 | $138 | $264 | 153 |
| Administrative expenses per participant | $54.23 | $154 | $265 | 164 |
Trend by plan year
| Plan year | Plans 100+ | Participants | Net assets | Employer contributions | Participant contributions | Median DC assets / participant | Median DC Sch. C / participant |
|---|---|---|---|---|---|---|---|
| 2025partial | 36 | 41,282 | $1.59B | $64.9M | $65.9M | $30,036 | $97.60 |
| 2024 | 219 | 457,078 | $24.5B | $1.62B | $236M | $35,941 | $138 |
| 2023 | 211 | 392,935 | $20.7B | $1.34B | $207M | $30,840 | $137 |
| 2022 | 270 | 437,492 | $20.1B | $1.35B | $204M | $24,081 | $111 |
| 2021 | 255 | 445,569 | $22.2B | $1.34B | $172M | $26,890 | $105 |
| 2020 | 253 | 415,468 | $20.7B | $1.22B | $154M | $25,503 | $91.93 |
| 2019 | 240 | 415,756 | $18.0B | $1.31B | $142M | $23,647 | $92.23 |
| 2018 | 222 | 399,031 | $16.1B | $1.19B | $120M | $20,809 | $86.57 |
| 2017 | 201 | 371,437 | $16.4B | $1.10B | $98.0M | $22,657 | $82.60 |
| 2016 | 190 | 369,787 | $15.2B | $1.02B | $78.9M | $21,329 | $76.42 |
| 2015 | 176 | 350,191 | $14.1B | $956M | $56.2M | $20,432 | $94.65 |
| 2014 | 161 | 334,663 | $14.2B | $868M | $40.3M | $24,931 | $88.41 |
| 2013 | 161 | 322,960 | $13.7B | $803M | $34.6M | $21,493 | $86.99 |
| 2012 | 164 | 325,741 | $12.7B | $739M | $31.7M | $20,316 | $88.79 |
| 2011 | 162 | 293,990 | $9.76B | $638M | $30.9M | $18,799 | $87.34 |
| 2010 | 183 | 296,390 | $10.1B | $590M | $32.3M | $18,408 | $90.45 |
| 2009 | 205 | 358,662 | $11.7B | $651M | $38.0M | $15,299 | $70.57 |
Plan year is the year in which the plan year began. The drop in large plans from 2023 follows a rule change: the 100-participant line now counts participants with account balances, so many plans moved to the short form.
Provider share
Service provider organisations named most often on the Schedule C of the 222 plans on this page's list, by number of plans. A plan usually names several providers.
Largest plans
The 40 largest by participants of 222 plans with a page on this site.
| Plan | Sponsor | State | Type | Participants | Net assets | Per participant | Employer / active | Sch. C / participant |
|---|---|---|---|---|---|---|---|---|
| International Painters and Allied Trades Industry Pension Plan | Intl Painters & Allied Trades Ind. Pension Fund- Board of Trustees | MD | DB | 95,494 | $4.44B | $46,461 | $10,031 | $131 |
| Central Midwest Regional Council of Carpenters Defined Contribution Pension Plan | Trustees of Central Midwest Regional Council of Carpenters DC Pension | MI | DC | 55,172 | $1.59B | $28,794 | $5,159 | $82.57 |
| Ohio Carpenters' Pension Plan | Trustees of Ohio Carpenters' Pension Plan | MI | DB | 31,115 | $2.12B | $68,151 | $13,790 | $215 |
| International Painters and Allied Trades Industry Annuity Plan | Intl Painters & Allied Trades Ind. Pension Fund- | MD | DC | 25,947 | $635M | $24,457 | $1,856 | $71.94 |
| Carpenters & Joiners Defined Contribution Plan | Board of Trustees of the Carpenters & Joiners Defined Contribution Pla | MN | DC | 23,909 | $811M | $33,931 | $2,101 | $63.20 |
| Topbuild Corp. 401(k) Plan | Topbuild Corp. | FL | DC | 19,361 | $695M | $35,880 | $1,398 | $58.56 |
| Twin City Carpenters and Joiners Pension Fund | Board of Trustees of the Twin City Carpenters and Joiners Pension Fund | MN | DB | 18,016 | $2.01B | $111,431 | $19,818 | $308 |
| Painting Industry Annuity Fund | Board of Trustees of the Painting Industry Annuity Fund | NY | DC | 8,480 | $879M | $103,666 | $9,989 | $531 |
| Western Washington Painters Defined Contribution Pension Plan | Board of Trustees, W. Wa Painters Defined Contribution Pension Plan | WA | DC | 8,264 | $262M | $31,753 | $3,376 | $167 |
| Chicago Painters and Decorators Pension Fund | Board of Trustees of Chicago Painters and Decorators Pension FD | IL | DB | 6,443 | $1.20B | $186,866 | $19,871 | $620 |
| Painters and Allied Trades District Council NO.35 Annuity Fund | Painters Annuity Council No. 35 Annuity Fund | MA | DC | 6,176 | $525M | $84,991 | $14,286 | $382 |
| Interior Logic Group 401(k) Plan | Interior Logic Group Holdings IV, LLC | CA | DC | 5,167 | $154M | $29,762 | $1,160 | $132 |
| Painters and Allied Trades District Council No. 35 Pension Fund | BD of Trustees PDC Pension Fund | MA | DB | 4,737 | $805M | $170,033 | $17,027 | $906 |
| PHRG Management LLC 401(k) Savings Plan | PHRG Management LLC | PA | DC | 4,192 | $158M | $37,643 | $2,275 | $41.31 |
| E.E. Newcomer Enterprises, Inc. 401(k) Retirement Plan & Trust | E.E. Newcomer Enterprises, Inc. | KS | DC | 4,145 | $174M | $41,971 | $1,076 | $78.35 |
| Resilient Floor Covering Pension Fund | Bot of Resilient Floor Covering Pension Fund | CA | DB | 3,809 | $417M | $109,565 | $16,383 | $779 |
| Painters and Allied Trades DC82 Defined Contribution Pension Plan | Trustees of Painters and Allied Trades DC82 Defined Contribution Pensi | MN | DC | 3,694 | $272M | $73,641 | $6,216 | $163 |
| Tile Industry Retirement Savings Trust Fund | Board of Trustees, Tile Industry Retirement Savings | CA | DC | 3,438 | $130M | $37,734 | $2,774 | $138 |
| Painters Union Pension Plan | Painters Union Pension Fund Trustees | MI | DB | 3,294 | $166M | $50,474 | $17,726 | $220 |
| Artisan Design Group 401(k) Plan | Artisan Design Group, LLC | TX | DC | 3,265 | $125M | $38,397 | $1,190 | $61.78 |
| Painting Industry Profit Sharing Annuity Plan | Decorating Painters District Council 6 & Contractors Association | OH | DC | 3,130 | $90.1M | $28,776 | $2,140 | $82.09 |
| Chicago Painters and Decorators Retirement Savings | BD of Trustees of Chicago Painters & Decorators Retirement Savings FD | IL | DC | 3,116 | $28.5M | $9,145 | $2,728 | $73.60 |
| Painters District Council No. 30 Pension Fund | Board of Trustees Painters District Coun No. 30 Pension Fund | IL | DB | 3,081 | $460M | $149,395 | $11,491 | $459 |
| Pointers, Cleaners & Caulkers Annuity Fund | Board of Trustees of Pointers, | NY | DC | 2,949 | $150M | $50,712 | $11,853 | $456 |
| Pointers, Cleaners, & Caulkers Pension Fund | Board of Trustees of Pointers, | NY | DB | 2,919 | $403M | $138,161 | $13,657 | $389 |
| Oregon & Southwest Washington Painters Pension Plan | Oregon & Southwest Washington Painters Pension Plan, Trustees | OR | DB | 2,674 | $193M | $72,258 | $10,285 | $283 |
| Cement Masons' Local 502 and Plasterers' Area 5 an | Trustees of Cement Masons' Local 502 and Plasterers' Area 5 Annuity Fu | IL | DC | 2,479 | $77.7M | $31,343 | $3,997 | $59.06 |
| Northern California Tile Industry Defined Benefit Pension Plan | Board of Trustees, Northern California Tile Industry | CA | DB | 2,365 | $258M | $108,996 | $2,834 | $465 |
| Central Iowa Carpenters Money Purchase Plan | Board of Trustees Central Iowa Carpenters Money Purchase Plan | MN | DC | 2,356 | $140M | $59,427 | $4,810 | $195 |
| District Council 82 Painting Industry Pension Plan | Trustees of District Council 82 Painting Industry Pension Plan | MN | DB | 2,214 | $319M | $143,900 | $15,498 | $551 |
| Empire Today, LLC 401(k) Profit Sharing Plan | Empire Today, LLC | IL | DC | 2,143 | $63.7M | $29,710 | $1,017 | $121 |
| Plasterers Union Local No. 66 Supplemental Retirement Plan | Board of Trustees Plasterers Union Local No. 66 Supp. Retirement Benef | CA | DC | 2,139 | $76.4M | $35,727 | $5,200 | $90.17 |
| Central Iowa Carpenters Pension Plan | Board of Trustees Central Iowa Carpenters Pension Plan | MN | DB | 2,126 | $218M | $102,633 | $9,585 | $244 |
| I.U.P.A.T. of Western PA Annuity Fund | Board of Trustees, I.U.P.A.T. Annuity Fund of Western PA | OH | DC | 1,987 | $79.7M | $40,091 | $4,735 | $193 |
| Painters District Council No. 3 Pension Fund | Painters District Council No. 3 Pension Fund | MO | DB | 1,747 | $147M | $83,935 | $16,090 | $505 |
| Marek Brothers Family of Companies Profit Sharing Plan & Trust | Marek Shared Services LLC | TX | DC | 1,572 | $117M | $74,295 | $825 | $42.46 |
| Illinois Operative Plasterers & Cement Masons Annuity Fund | Joint Board of Trustees of the Illinois Operative Plasterers & Cement | IL | DC | 1,550 | $35.8M | $23,108 | $2,812 | $96.13 |
| SEI Group, LLC 401(k) Plan | SEI Group, LLC | GA | DC | 1,483 | $5.0M | $3,386 | $31 | $45.31 |
| Ceramic Tile and Terrazzo Local 67 B.A.C. Annuity Trust Fund | Board of Trustees of Ceramic Tile and Terrazzo Local 67 B.a.c Annuity | IL | DC | 1,468 | $172M | $117,371 | $14,858 | $377 |
| Chicago Tile Institute Pension Fund | Board of Trustees - Chicago Tile Institute Pension Fund | IL | DB | 1,459 | $173M | $118,711 | $11,805 | $282 |
By plan size
By state
Questions and answers
How many retirement plans are there in building finishing contractors (including drywall, insulation, painting, wallcovering, flooring, tile, & finish carpentry)?
219 plans with 100 or more participants filed Form 5500 for plan year 2024, out of 939 pension plans on the full form. Smaller plans file Form 5500-SF and are counted separately where shown.
What is the typical 401(k) balance in building finishing contractors (including drywall, insulation, painting, wallcovering, flooring, tile, & finish carpentry)?
The median defined contribution plan reported $35,941 in net assets per participant (middle half of plans: $23,280 to $69,556); nationally it was $53,031. This is a plan-level average that includes former employees, not a typical person's balance.
What do employers contribute in building finishing contractors (including drywall, insulation, painting, wallcovering, flooring, tile, & finish carpentry)?
The median defined contribution plan received $1,913 in employer contributions per active participant, against $2,174 nationally. Plans with no employer contribution are included at zero.
What are average 401(k) fees in building finishing contractors (including drywall, insulation, painting, wallcovering, flooring, tile, & finish carpentry)?
Among defined contribution plans that report any Schedule C compensation, the median was $138 per participant and 0.41% of net assets (nationally $123 and 0.26%). Schedule C leaves out fund expense ratios and fees the employer pays, so it understates total cost.
Where does this come from?
Form 5500 annual reports in the EBSA research files, with filings received through 24 Aug 2026. Medians are computed by this site across plans with 100 or more participants.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, public domain, with filings received through 24 Aug 2026. Totals count every pension plan on the full form; medians and the plan list cover plans with 100 or more participants. See the methodology.