Profit Sharing · DOL Form 5500 · 2022
Board of Trustees I.U.O.E. Local 98 Annuity Fund Profit Sharing Plan
Data updated 2026-08-11
- $75M
- Total assets
- 1,200
- Participants
- 91st
- Percentile by assets
- $62,898
- Avg per participant
Official DOL plan name: I.U.O.E. Local 98 Annuity Fund · Sponsored by Board of Trustees I.U.O.E. Local 98 Annuity Fund · Massachusetts · Construction
$75M in assets, 1,200 participants
Board of Trustees I.U.O.E. Local 98 Annuity Fund's I.U.O.E. Local 98 Annuity Fund reported $75M in total assets and 1,200 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 139,126 plans)
- #8,898 in Construction (9,927 peers)
Where I.U.O.E. Local 98 Annuity Fund sits by assets
I.U.O.E. Local 98 Annuity Fund sits in the top 10% of all filed plans by assets, $75M for 1,200 participants (~$62,898/participant), down 11.5% in 2022.
- $75M
- total plan assets (2022 EOY)
- 1,200
- covered participants
- 91st
- percentile by assets (of 139,126 plans)
- $62,898
- avg assets per participant
The plan reported a net loss of $10M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
I.U.O.E. Local 98 Annuity Fund vs the 2022 asset distribution
By assets, I.U.O.E. Local 98 Annuity Fund outranks 91% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.8x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $85M |
|---|---|
| Net Assets (End of Year) | $75M |
| Net Income | -$10M |
| Employer EIN | 043030313 |
| Plan Effective Date | 1988-12-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees I.U.O.E. Local 98 Annuity Fund)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 1,200 | $75M |
| 2023 | 1 | 1,326 | $86M |
| 2024 | 1 | 1,259 | $94M |
Nearby Profit Sharing Plans in Massachusetts
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
I.U.O.E. Local 98 Annuity Fund vs. nearby Profit Sharing plans in Massachusetts, assets vs. participants
- Consolidated 403(b) Program of Mass General Brigham and Member Organizations $12.1B · 74,556
- Demoulas (Restated) Profit Sharing Plan & Trust $873M · 12,106
- Dana-Farber Cancer Institute Retirement Plan $635M · 4,216
- The Boston Consulting Group, Inc. Employees' Profit Sharing Retirement Fund $573M · 5,008
- Sheet Metal Workers Local 17 Annuity Income Fund $540M · 2,153
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to I.U.O.E. Local 98 Annuity Fund by total assets, not by location.
- Local Union No. 90 I.B.E.W. Annuity Plan (CT) $76M · 619
- Yeshiva University After-Tax Annuity Plan (NY) $75M · 91
- Iron Workers Local 17 Annuity Fund (MI) $76M · 975
- Plumbers & Pipefitters Lu No. 74 Annuity Fund (DE) $76M · 642
Frequently Asked Questions
How did I.U.O.E. Local 98 Annuity Fund assets move in 2022? ▼
How have Board of Trustees I.U.O.E. Local 98 Annuity Fund plan assets changed over time? ▼
Where does I.U.O.E. Local 98 Annuity Fund rank by assets among Form 5500 filers? ▼
Which Profit Sharing plans are similar in size to I.U.O.E. Local 98 Annuity Fund? ▼
Next read for I.U.O.E. Local 98 Annuity Fund
Scale reading
Ways to act on I.U.O.E. Local 98 Annuity Fund's numbers.
- By total assets, I.U.O.E. Local 98 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 Profit Sharing plans in Massachusetts. Compare plans
- Board of Trustees I.U.O.E. Local 98 Annuity Fund's sponsor-wide assets have grown 24.1% since 2022 across 3 plan years on file. More Construction plans