401(k) · DOL Form 5500 · 2022

Board of Trustees Local No. 8 IBEW Retirement Plan & Trust 401(k) Plan

Data updated 2026-08-11

$546M
Total assets
2,271
Participants
98th
Percentile by assets
$240,308
Avg per participant
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Official DOL plan name: Local No. 8 IBEW Retirement Plan & Trust · Sponsored by Board of Trustees Local No. 8 IBEW Retirement Plan & Trust · Ohio · Construction

$546M in assets, 2,271 participants

Board of Trustees Local No. 8 IBEW Retirement Plan & Trust's Local No. 8 IBEW Retirement Plan & Trust reported $546M in total assets and 2,271 participants in its 2022 DOL Form 5500 filing, ranking in the 98th 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.

  • 98th percentile by assets (of 139,126 plans)
  • #9,728 in Construction (9,927 peers)

Coverage in Ohio

Local No. 8 IBEW Retirement Plan & Trust covers 2,271 participants in Ohio, 3.0x the typical Ohio plan (state average ~765 per filing). Assets: $546M.

$546M
total plan assets (2022 EOY)
2,271
covered participants
98th
percentile by assets (of 139,126 plans)
$240,308
avg assets per participant

The plan reported a net loss of $76M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Participants vs Ohio filers

In Ohio, the average filing covers about 765 participants across 5,089 plans. Local No. 8 IBEW Retirement Plan & Trust reports 2,271 participants - 3.0x that state average ($546M EOY assets).

Ohio filing particulars

Total Assets (Beginning of Year)$613M
Net Assets (End of Year)$534M
Net Income-$76M
Employer EIN346596899
Plan Effective Date1967-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees Local No. 8 IBEW Retirement Plan & Trust)

$500M$550M$600M$650M$700M 202220232024 $546M $671M ▲ +22.9%
Total plan assets by year, all Board of Trustees Local No. 8 IBEW Retirement Plan & Trust plans on file
Year Plans Participants Total Assets
2022 1 2,271 $546M
2023 1 2,240 $614M
2024 1 2,292 $671M

Nearby 401(k) Plans in Ohio

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

Local No. 8 IBEW Retirement Plan & Trust vs. nearby 401(k) plans in Ohio, assets vs. participants

Local No. 8 IBEW Retirement Plan & Trust vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 0246810 Total assets ($B) Participants Local No. 8 IBEW Ret…The Sherwin-Williams…The Progressive 401(…The Kroger Co. 401(k…Nationwide Savings P…Marathon Petroleum T…
Local No. 8 IBEW Retirement Plan & Trust vs. nearby 401(k) plans in Ohio, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Local No. 8 IBEW Retirement Plan & Trust by total assets, not by location.

Frequently Asked Questions

How did Local No. 8 IBEW Retirement Plan & Trust assets move in 2022?
Local No. 8 IBEW Retirement Plan & Trust pulled back noticeably - down 11.0% during 2022, from $613M to $546M. Reported net income was -$76M.
How have Board of Trustees Local No. 8 IBEW Retirement Plan & Trust plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees Local No. 8 IBEW Retirement Plan & Trust's sponsor-wide assets grew 22.9%, from $546M to $671M.
Where does Local No. 8 IBEW Retirement Plan & Trust rank by assets among Form 5500 filers?
Local No. 8 IBEW Retirement Plan & Trust ranks in the 98th 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 Local No. 8 IBEW Retirement Plan & Trust?
Among 401(k) plans in other states, the closest by assets is Dorsey & Whitney 401(k) Retirement and Savings Plan in MN ($546M, 1,001 participants).

Next read for Local No. 8 IBEW Retirement Plan & Trust

Filing takeaways

Ways to act on Local No. 8 IBEW Retirement Plan & Trust's numbers.

  • By total assets, Local No. 8 IBEW Retirement Plan & Trust ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Ohio. Compare plans
  • Board of Trustees Local No. 8 IBEW Retirement Plan & Trust's sponsor-wide assets have grown 22.9% since 2022 across 3 plan years on file. More Construction plans