401(k) · DOL Form 5500 · 2022
IBEW Local 38 401(k) Retirement Plan 401(k) Plan
Data updated 2026-08-11
- $128M
- Total assets
- 1,610
- Participants
- 94th
- Percentile by assets
- $79,308
- Avg per participant
Official DOL plan name: IBEW Local 38 401(k) Retirement Plan · Sponsored by IBEW Local 38 401(k) Retirement Plan · Ohio · Construction
$128M in assets, 1,610 participants
IBEW Local 38 401(k) Retirement Plan's IBEW Local 38 401(k) Retirement Plan reported $128M in total assets and 1,610 participants in its 2022 DOL Form 5500 filing, ranking in the 94th 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.
- 94th percentile by assets (of 139,126 plans)
- #9,213 in Construction (9,927 peers)
Coverage in Ohio
IBEW Local 38 401(k) Retirement Plan covers 1,610 participants in Ohio, 2.1x the typical Ohio plan (state average ~765 per filing). Assets: $128M.
- $128M
- total plan assets (2022 EOY)
- 1,610
- covered participants
- 94th
- percentile by assets (of 139,126 plans)
- $79,308
- avg assets per participant
The plan reported a net loss of $17M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Where IBEW Local 38 401(k) Retirement Plan sits by total assets
IBEW Local 38 401(k) Retirement Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$127,686,539 Top 6% higher than 94% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Participants vs Ohio filers
In Ohio, the average filing covers about 765 participants across 5,089 plans. IBEW Local 38 401(k) Retirement Plan reports 1,610 participants - 2.1x that state average ($128M EOY assets).
Ohio filing particulars
| Total Assets (Beginning of Year) | $144M |
|---|---|
| Net Assets (End of Year) | $127M |
| Net Income | -$17M |
| Employer EIN | 341619944 |
| Plan Effective Date | 1989-05-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (IBEW Local 38 401(k) Retirement Plan)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 1,610 | $128M |
| 2023 | 1 | 1,695 | $147M |
| 2024 | 1 | 1,761 | $168M |
Nearby 401(k) Plans in Ohio
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- The Sherwin-Williams Company 401(k) Plan $8.3B · 44,890
- The Progressive 401(k) Plan $7.6B · 50,299
- The Kroger Co. 401(k) Retirement Savings Account Plan $7.3B · 116,133
- Nationwide Savings Plan $6.7B · 24,278
- Marathon Petroleum Thrift Plan $6.4B · 17,666
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to IBEW Local 38 401(k) Retirement Plan by total assets, not by location.
- Nepc, LLC Profit Sharing and 401(k) Plan (MA) $128M · 327
- Bell and Howell 401(k) Savings Plan (NC) $128M · 802
- Mason City Clinic, P.C. 401(k) Profit Sharing Plan and Trust (IA) $128M · 207
- Snf Holding Company 401(k) Retirement Plan (GA) $128M · 1,679
Frequently Asked Questions
How did IBEW Local 38 401(k) Retirement Plan assets move in 2022? ▼
How have IBEW Local 38 401(k) Retirement Plan plan assets changed over time? ▼
Where does IBEW Local 38 401(k) Retirement Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to IBEW Local 38 401(k) Retirement Plan? ▼
Next read for IBEW Local 38 401(k) Retirement Plan
Filing takeaways
Ways to act on IBEW Local 38 401(k) Retirement Plan's numbers.
- By total assets, IBEW Local 38 401(k) Retirement Plan ranks in the top 10% 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
- IBEW Local 38 401(k) Retirement Plan's sponsor-wide assets have grown 31.8% since 2022 across 3 plan years on file. More Construction plans