Money Purchase · DOL Form 5500 · 2022

Trustees of IBEW Local 728 Annuity Fund Money Purchase Plan

Data updated 2026-08-06

$78M
Total assets
1,699
Participants
91st
Percentile by assets
$45,617
Avg per participant
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Official DOL plan name: I.B.E.W. Local Union No. 728 Annuity Fund · Sponsored by Trustees of IBEW Local 728 Annuity Fund · Florida · Construction

$78M in assets, 1,699 participants

Trustees of IBEW Local 728 Annuity Fund's I.B.E.W. Local Union No. 728 Annuity Fund reported $78M in total assets and 1,699 participants in its 2022 DOL Form 5500 filing, ranking in the 91st 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.

  • 91st percentile by assets (of 139,258 plans)
  • #8,934 in Construction (9,938 peers)

Coverage in Florida

I.B.E.W. Local Union No. 728 Annuity Fund covers 1,699 participants in Florida, 2.7x the typical Florida plan (state average ~631 per filing). Assets: $78M.

$78M
total plan assets (2022 EOY)
1,699
covered participants
91st
percentile by assets (of 139,258 plans)
$45,617
avg assets per participant

The plan reported a net loss of $15M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Participants vs Florida filers

In Florida, the average filing covers about 631 participants across 6,304 plans. I.B.E.W. Local Union No. 728 Annuity Fund reports 1,699 participants - 2.7x that state average ($78M EOY assets).

Florida filing particulars

Total Assets (Beginning of Year)$92M
Net Assets (End of Year)$77M
Net Income-$15M
Employer EIN592794330
Plan Effective Date1982-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Trustees of IBEW Local 728 Annuity Fund)

$75M$80M$85M$90M$95M$100M 202220232024 $77.5M $93.4M ▲ +20.5%
Total plan assets by year, all Trustees of IBEW Local 728 Annuity Fund plans on file
Year Plans Participants Total Assets
2022 1 1,699 $78M
2023 1 1,712 $88M
2024 1 1,745 $93M

Nearby Money Purchase Plans in Florida

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

I.B.E.W. Local Union No. 728 Annuity Fund vs. nearby Money Purchase plans in Florida, assets vs. participants

I.B.E.W. Local Union No. 728 Annuity Fund vs. nearby Money Purchase plans in Florida, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 0100200300400 Total assets ($M) Participants I.B.E.W. Local Union…Elliott Money Purcha…Southern States Savi…NECA-IBEW 177 Pensio…Lifelink Foundation,…Electricians Local U…
I.B.E.W. Local Union No. 728 Annuity Fund vs. nearby Money Purchase plans in Florida, assets vs. participants

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to I.B.E.W. Local Union No. 728 Annuity Fund by total assets, not by location.

Frequently Asked Questions

How did I.B.E.W. Local Union No. 728 Annuity Fund assets move in 2022?
I.B.E.W. Local Union No. 728 Annuity Fund declined sharply - down 16.1% during 2022, from $92M to $78M. Reported net income was -$15M.
How have Trustees of IBEW Local 728 Annuity Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Trustees of IBEW Local 728 Annuity Fund's sponsor-wide assets grew 20.5%, from $78M to $93M.
Where does I.B.E.W. Local Union No. 728 Annuity Fund rank by assets among Form 5500 filers?
I.B.E.W. Local Union No. 728 Annuity Fund ranks in the 91st percentile by end-of-year assets among 139,258 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which Money Purchase plans are similar in size to I.B.E.W. Local Union No. 728 Annuity Fund?
Among Money Purchase plans in other states, the closest by assets is Hays Medical Center Employee's Pension Plan in KS ($77M, 1,591 participants).

Next read for I.B.E.W. Local Union No. 728 Annuity Fun…

Filing takeaways

Ways to act on I.B.E.W. Local Union No. 728 Annuity Fund's numbers.

  • By total assets, I.B.E.W. Local Union No. 728 Annuity Fund ranks in the top 10% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Money Purchase plans in Florida. Compare plans
  • Trustees of IBEW Local 728 Annuity Fund's sponsor-wide assets have grown 20.5% since 2022 across 3 plan years on file. More Construction plans