401(k) · DOL Form 5500 · 2022

IBEW Local Union 288 and NECA Iowa Chapter, Joint Board of Trustees 401(k) Plan

Data updated 2026-08-25

$21M
Total assets Small plan by assets
166
Participants Small participant base
78th
Percentile by assets National rank
$128,058
Avg per participant Near avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: IBEW Local 288 Retirement and 401(k) Plan · Sponsored by IBEW Local Union 288 and NECA Iowa Chapter, Joint Board of Trustees · Iowa · Construction

$21M in assets, 166 participants

IBEW Local Union 288 and NECA Iowa Chapter, Joint Board of Trustees's IBEW Local 288 Retirement and 401(k) Plan reported $21M in total assets and 166 participants in its 2022 DOL Form 5500 filing, ranking in the 78th 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.

  • #7,690 in Construction (9,927 peers)

Coverage in Iowa

IBEW Local 288 Retirement and 401(k) Plan covers 166 participants in Iowa, about 27% of the average Iowa filer (state average ~609 per filing). Assets: $21M.

#7,690
in Construction (9,927 peers)
-14.5%
assets change YoY
0.2×
vs typical plan assets (national mean)

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

IBEW Local 288 Retirement and 401(k) Plan's outsized position by total assets

IBEW Local 288 Retirement and 401(k) Plan vs every filed plan by assets

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

$21,257,664 Top 22% higher than 78% 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 288 Retirement and 401(k) 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 288 Retirement and 401(k) Plan sits mid-pack in the medium band (166 participants).

Plan-year Form 5500 strip

Filing strip 562364219 · IBEW Local Union 288 and NECA Iowa Chapter, Joint Board of Trustees PY 2022 · 401(k)

IBEW Local 288 Retirement and 401(k) Plan · $21M · 166 · 78th

  • BOY $21M
  • BOY 166
  • BOY 78th
  • BOY 401(k)
  • BOY near Associated Eye Care, Ltd. Employees' Profit Sharing Plan
  • BOY ind #7690

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 288 Retirement and 401(k) Plan in the asset neighbourhood

IBEW Local 288 Retirement and 401(k) PlanIBEW Local 288 Retirement an…$21MAssociated Eye Care, Ltd. Employees' Profit Sharing PlanAssociated Eye Care, Ltd. Em…$21MMccarthy Retirement Savings PlanMccarthy Retirement Savings …$21MImperial Clinical Research Services, Inc. Retirement ProgramImperial Clinical Research S…$21MArizona Community Surgeons, PC Retirement PlanArizona Community Surgeons, …$21M
End-of-year total assets ($M) among IBEW Local 288 Retirement and 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Iowa filing particulars

Total Assets (Beginning of Year)$25M
Net Assets (End of Year)$21M
Net Income-$3M
Employer EIN562364219
Plan Effective Date2003-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (IBEW Local Union 288 and NECA Iowa Chapter, Joint Board of Trustees)

Sponsor-wide plan assets over time

All IBEW Local Union 288 and NECA Iowa Chapter, Joint Board of Trustees plans reported in each filing year

Latest sponsor-wide plan assets
$28M 33.006985151331776% vs 2022
2024 filing year
$20M$25M$30M 202220232024 $21.3M $28.3M ▲ +33.0%
Year Plans Participants Total Assets
2022 1 166 $21M
2023 1 173 $25M
2024 1 203 $28M

Nearby 401(k) Plans in Iowa

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

IBEW Local 288 Retirement and 401(k) Plan vs. nearby 401(k) plans in Iowa, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -101234 Total assets ($B) Participants IBEW Local 288 Retirement and 401(k) Plan, Total assets ($B): 0.021257664 · Participants: 166IBEW Local 288 Retirement and 401(k) 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 288 Retirement and 401(k) Plan vs. nearby 401(k) plans in Iowa, assets vs. participants
Compare IBEW Local 288 Retirement and 401(k) Plan side-by-side with 3 peers →

IBEW Local 288 Retirement and 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Iowa, the nearest 401(k) by assets is Associated Eye Care, Ltd. Employees' Profit Sharing Plan in MN ($21M); by covered participants it is Client Solution Architects, LLC 401(k) Plan in PA (166 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (166 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 288 Retirement and 401(k) Plan assets move in 2022? ▼
IBEW Local 288 Retirement and 401(k) Plan pulled back noticeably - down 14.5% during 2022, from $25M to $21M. Reported net income was -$3M.
How have IBEW Local Union 288 and NECA Iowa Chapter, Joint Board of Trustees plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), IBEW Local Union 288 and NECA Iowa Chapter, Joint Board of Trustees's sponsor-wide assets grew 33.0%, from $21M to $28M.
Where does IBEW Local 288 Retirement and 401(k) Plan rank by assets among Form 5500 filers? ▼
IBEW Local 288 Retirement and 401(k) Plan ranks in the 78th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to IBEW Local 288 Retirement and 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Associated Eye Care, Ltd. Employees' Profit Sharing Plan in MN ($21M, 193 participants).
Which 401(k) plans cover a similar participant headcount to IBEW Local 288 Retirement and 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Client Solution Architects, LLC 401(k) Plan in PA (166 participants, N/A 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 562364219.

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.