401(k) · DOL Form 5500 · 2022

Board of Trustees, IBEW Local 405 Deferred Savings Plan 401(k) Plan

Data updated 2026-08-25

$197M
Total assets Near avg plan size
668
Participants Below avg headcount
96th
Percentile by assets National rank
$294,751
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: IBEW Local 405 Deferred Savings Plan · Sponsored by Board of Trustees, IBEW Local 405 Deferred Savings Plan · Iowa · Construction

$197M in assets, 668 participants

Board of Trustees, IBEW Local 405 Deferred Savings Plan's IBEW Local 405 Deferred Savings Plan reported $197M in total assets and 668 participants in its 2022 DOL Form 5500 filing, ranking in the 96th 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.

  • #9,417 in Construction (9,927 peers)

Where IBEW Local 405 Deferred Savings Plan sits by assets

IBEW Local 405 Deferred Savings Plan sits in the top 5% of all filed plans by assets, $197M for 668 participants (~$294,751/participant), down 17.8% in 2022.

#9,417
in Construction (9,927 peers)
-17.8%
assets change YoY
2.0×
vs typical plan assets (national mean)

The plan reported a net loss of $43M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

IBEW Local 405 Deferred Savings Plan's outsized position by total assets

IBEW Local 405 Deferred Savings Plan vs every filed plan by assets

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

$196,893,663 Top 4% higher than 96% 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

IBEW Local 405 Deferred Savings Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. IBEW Local 405 Deferred Savings Plan sits mid-pack in the medium band (668 participants).

DOL schedule card

Filing strip 421494475 · Board of Trustees, IBEW Local 405 Deferred Savings Plan PY 2022 · 401(k)

IBEW Local 405 Deferred Savings Plan · $197M · 668 · 96th

  • VS-ST $197M
  • VS-ST 668
  • VS-ST 96th
  • VS-ST 401(k)
  • VS-ST near Roku, Inc. 401(k) Plan
  • VS-ST ind #9417

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 Iowa →

IBEW Local 405 Deferred Savings Plan in the asset neighbourhood

Haley & Aldrich, Inc. Discretionary Profit Sharing & 401(k) PlanHaley & Aldrich, Inc. Discre…$197MIBEW Local 405 Deferred Savings PlanIBEW Local 405 Deferred Savi…$197MRoku, Inc. 401(k) Plan$197MWafertech 401(k) Retirement PlanWafertech 401(k) Retirement …$197MArent Fox 401(k) Plan$197M
End-of-year total assets ($M) among IBEW Local 405 Deferred Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$240M
Net Assets (End of Year)$197M
Net Income-$43M
Employer EIN421494475
Plan Effective Date1992-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees, IBEW Local 405 Deferred Savings Plan)

Sponsor-wide plan assets over time

All Board of Trustees, IBEW Local 405 Deferred Savings Plan plans reported in each filing year

Latest sponsor-wide plan assets
$263M 33.36359382983291% vs 2022
2024 filing year
$180M$200M$220M$240M$260M$280M 202220232024 $197M $263M ▲ +33.4%
Year Plans Participants Total Assets
2022 1 668 $197M
2023 1 722 $235M
2024 1 780 $263M

Nearby 401(k) Plans in Iowa

Peer 401(k) plans, same state, same plan type, ranked by total assets.

IBEW Local 405 Deferred Savings Plan vs. nearby 401(k) plans in Iowa, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 01234 Total assets ($B) Participants IBEW Local 405 Deferred Savings Plan, Total assets ($B): 0.196893663 · Participants: 668IBEW Local 405 Deferred Savings PlanThe Principal Select Savings Plan, Total assets ($B): 3.613396259 · Participants: 12201The Principal Select Savings PlanIowa Health System Section 401(k) Retirement Savings Plan, Total assets ($B): 2.684422851 · Participants: 28603Iowa Health System Section 401(k) Retirement Savings PlanThe Hy-Vee and Affiliates 401(k) Plan, Total assets ($B): 2.447514997 · Participants: 59826The Hy-Vee and Affiliates 401(k) PlanThe Rsm US LLP Retirement Plan, Total assets ($B): 2.275604074 · Participants: 13793The Rsm US LLP Retirement PlanTransamerica 401(k) Retirement Savings Plan, Total assets ($B): 2.116061137 · Participants: 7262Transamerica 401(k) Retirement Savings Plan
IBEW Local 405 Deferred Savings Plan vs. nearby 401(k) plans in Iowa, assets vs. participants
Compare IBEW Local 405 Deferred Savings Plan side-by-side with 3 peers →

IBEW Local 405 Deferred Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Iowa, the nearest 401(k) by assets is Roku, Inc. 401(k) Plan in CA ($197M); by covered participants it is Gg Brands Company Savings Plan in OH (668 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($197M here).

Similar participant headcount

Nearest other-state filings by covered participants (668 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 IBEW Local 405 Deferred Savings Plan assets move in 2022? ▼
IBEW Local 405 Deferred Savings Plan declined sharply - down 17.8% during 2022, from $240M to $197M. Reported net income was -$43M.
How have Board of Trustees, IBEW Local 405 Deferred Savings Plan plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees, IBEW Local 405 Deferred Savings Plan's sponsor-wide assets grew 33.4%, from $197M to $263M.
Where does IBEW Local 405 Deferred Savings Plan rank by assets among Form 5500 filers? ▼
IBEW Local 405 Deferred Savings Plan ranks in the 96th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to IBEW Local 405 Deferred Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Roku, Inc. 401(k) Plan in CA ($197M, 2,529 participants).
Which 401(k) plans cover a similar participant headcount to IBEW Local 405 Deferred Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Gg Brands Company Savings Plan in OH (668 participants, $39M 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 421494475.

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.