Profit Sharing · DOL Form 5500 · 2022

Board of Trustees I.U.O.E. Local 98 Annuity Fund Profit Sharing Plan

Data updated 2026-08-25

$75M
Total assets Below avg plan size
1,200
Participants Near avg headcount
91st
Percentile by assets National rank
$62,898
Avg per participant Low balance/head
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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.

  • #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.

#8,898
in Construction (9,927 peers)
-11.5%
assets change YoY
0.8×
vs typical plan assets (national mean)

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's outsized position by total assets

I.U.O.E. Local 98 Annuity Fund vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$75,477,966 Top 9% higher than 91% of 139,123 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 2022

I.U.O.E. Local 98 Annuity Fund's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. I.U.O.E. Local 98 Annuity Fund lands in the large band (1,200 participants).

DOL schedule card

Filing strip 043030313 · Board of Trustees I.U.O.E. Local 98 Annuity Fund PY 2022 · Profit Sharing

I.U.O.E. Local 98 Annuity Fund · $75M · 1,200 · 91st

  • TYPE $75M
  • NET 1,200
  • BOOK 91st
  • VS-ST Profit Sharing
  • BOY near Local Union No. 90 I.B.E.W. Annuity Plan
  • SCH ind #8898

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 Massachusetts →

I.U.O.E. Local 98 Annuity Fund in the asset neighbourhood

Plumbers & Pipefitters Lu No. 74 Annuity FundPlumbers & Pipefitters Lu No…$76MIron Workers Local 17 Annuity FundIron Workers Local 17 Annuit…$76MLocal Union No. 90 I.B.E.W. Annuity PlanLocal Union No. 90 I.B.E.W. …$76MI.U.O.E. Local 98 Annuity FundI.U.O.E. Local 98 Annuity Fu…$75MYeshiva University After-Tax Annuity PlanYeshiva University After-Tax…$75M
End-of-year total assets ($M) among I.U.O.E. Local 98 Annuity Fund and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$85M
Net Assets (End of Year)$75M
Net Income-$10M
Employer EIN043030313
Plan Effective Date1988-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees I.U.O.E. Local 98 Annuity Fund)

Sponsor-wide plan assets over time

All Board of Trustees I.U.O.E. Local 98 Annuity Fund plans reported in each filing year

Latest sponsor-wide plan assets
$94M 24.118373831112514% vs 2022
2024 filing year
$70M$80M$90M$100M 202220232024 $75.5M $93.7M ▲ +24.1%
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 Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants I.U.O.E. Local 98 Annuity Fund, Total assets ($B): 0.075477966 · Participants: 1200I.U.O.E. Local 98 Annuity FundConsolidated 403(b) Program of Mass General Brigham and Member Organizations, Total assets ($B): 12.088048631 · Participants: 74556Consolidated 403(b) Program of Mass General Brigham and Member OrganizationsDemoulas (Restated) Profit Sharing Plan & Trust, Total assets ($B): 0.873013175 · Participants: 12106Demoulas (Restated) Profit Sharing Plan & TrustDana-Farber Cancer Institute Retirement Plan, Total assets ($B): 0.635251544 · Participants: 4216Dana-Farber Cancer Institute Retirement PlanThe Boston Consulting Group, Inc. Employees' Profit Sharing Retirement Fund, Total assets ($B): 0.573445261 · Participants: 5008The Boston Consulting Group, Inc. Employees' Profit Sharing Retirement FundSheet Metal Workers Local 17 Annuity Income Fund, Total assets ($B): 0.540464451 · Participants: 2153Sheet Metal Workers Local 17 Annuity Income Fund
I.U.O.E. Local 98 Annuity Fund vs. nearby Profit Sharing plans in Massachusetts, assets vs. participants
Compare I.U.O.E. Local 98 Annuity Fund side-by-side with 3 peers →

I.U.O.E. Local 98 Annuity Fund's out-of-state Profit Sharing peers by assets and headcount

Outside Massachusetts, the nearest Profit Sharing by assets is Local Union No. 90 I.B.E.W. Annuity Plan in CT ($76M); by covered participants it is Boilermakers Local No. 85 Defined Contribution Retirement Plan in OH (1,197 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($75M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,200 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did I.U.O.E. Local 98 Annuity Fund assets move in 2022? ▼
I.U.O.E. Local 98 Annuity Fund pulled back noticeably - down 11.5% during 2022, from $85M to $75M. Reported net income was -$10M.
How have Board of Trustees I.U.O.E. Local 98 Annuity Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees I.U.O.E. Local 98 Annuity Fund's sponsor-wide assets grew 24.1%, from $75M to $94M.
Where does I.U.O.E. Local 98 Annuity Fund rank by assets among Form 5500 filers? ▼
I.U.O.E. Local 98 Annuity Fund ranks in the 91st percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which Profit Sharing plans are similar in size to I.U.O.E. Local 98 Annuity Fund? ▼
Among Profit Sharing plans in other states, the closest by assets is Local Union No. 90 I.B.E.W. Annuity Plan in CT ($76M, 619 participants).
Which Profit Sharing plans cover a similar participant headcount to I.U.O.E. Local 98 Annuity Fund? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Boilermakers Local No. 85 Defined Contribution Retirement Plan in OH (1,197 participants, $2M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 043030313.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.