401(k) · DOL Form 5500 · 2022

I.B.E.W. Local No. 540 Security 401(k) Plan

Data updated 2026-08-25

$63M
Total assets Below avg plan size
748
Participants Near avg headcount
90th
Percentile by assets National rank
$84,485
Avg per participant Below avg balance/head
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Official DOL plan name: I.B.E.W. Local 540 Security Plan · Sponsored by I.B.E.W. Local No. 540 Security · Ohio · Construction

$63M in assets, 748 participants

I.B.E.W. Local No. 540 Security's I.B.E.W. Local 540 Security Plan reported $63M in total assets and 748 participants in its 2022 DOL Form 5500 filing, ranking in the 90th 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.

  • #8,755 in Construction (9,927 peers)

Where I.B.E.W. Local 540 Security Plan sits by assets

I.B.E.W. Local 540 Security Plan sits in the top 10% of all filed plans by assets, $63M for 748 participants (~$84,485/participant), down 14.9% in 2022.

#8,755
in Construction (9,927 peers)
-14.9%
assets change YoY
0.6×
vs typical plan assets (national mean)

The plan reported a net loss of $11M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

I.B.E.W. Local 540 Security Plan's outsized position by total assets

I.B.E.W. Local 540 Security Plan vs every filed plan by assets

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

$63,195,119 Top 10% higher than 90% 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.B.E.W. Local 540 Security 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. I.B.E.W. Local 540 Security Plan sits mid-pack in the medium band (748 participants).

Form 5500 schedule snapshot

Filing strip 340225473 · I.B.E.W. Local No. 540 Security PY 2022 · 401(k)

I.B.E.W. Local 540 Security Plan · $63M · 748 · 90th

  • TYPE $63M
  • NET 748
  • BOOK 90th
  • VS-ST 401(k)
  • BOY near Cognosante LLC 401(k) Plan
  • SCH ind #8755

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 Ohio →

I.B.E.W. Local 540 Security Plan in the asset neighbourhood

Babst Calland Clements & Zomnir, P.C. Profit Sharing 401(k) Plan IBabst Calland Clements & Zom…$63MI.B.E.W. Local 540 Security PlanI.B.E.W. Local 540 Security …$63MCognosante LLC 401(k) Plan$63MMagnetar Capital LLC Profit Sharing and 401(k) PlanMagnetar Capital LLC Profit …$63MPci Gaming Authority 401(k) Retirement PlanPci Gaming Authority 401(k) …$63M
End-of-year total assets ($M) among I.B.E.W. Local 540 Security Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$74M
Net Assets (End of Year)$63M
Net Income-$11M
Employer EIN340225473
Plan Effective Date1999-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (I.B.E.W. Local No. 540 Security)

Sponsor-wide plan assets over time

All I.B.E.W. Local No. 540 Security plans reported in each filing year

Latest sponsor-wide plan assets
$90M 41.91452032869817% vs 2022
2024 filing year
$60M$70M$80M$90M$100M 202220232024 $63.2M $89.7M ▲ +41.9%
Year Plans Participants Total Assets
2022 1 748 $63M
2023 1 820 $76M
2024 1 919 $90M

Nearby 401(k) Plans in Ohio

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

I.B.E.W. Local 540 Security Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20246810 Total assets ($B) Participants I.B.E.W. Local 540 Security Plan, Total assets ($B): 0.063195119 · Participants: 748I.B.E.W. Local 540 Security PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 8.343834208 · Participants: 44890The Sherwin-Williams Company 401(k) PlanThe Progressive 401(k) Plan, Total assets ($B): 7.60950811 · Participants: 50299The Progressive 401(k) PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 7.311555 · Participants: 116133The Kroger Co. 401(k) Retirement Savings Account PlanNationwide Savings Plan, Total assets ($B): 6.73672335 · Participants: 24278Nationwide Savings PlanMarathon Petroleum Thrift Plan, Total assets ($B): 6.371480588 · Participants: 17666Marathon Petroleum Thrift Plan
I.B.E.W. Local 540 Security Plan vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare I.B.E.W. Local 540 Security Plan side-by-side with 3 peers →

I.B.E.W. Local 540 Security Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Cognosante LLC 401(k) Plan in AZ ($63M); by covered participants it is Leadventure 401(k) Savings Plan in OR (748 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (748 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.B.E.W. Local 540 Security Plan assets move in 2022? ▼
I.B.E.W. Local 540 Security Plan pulled back noticeably - down 14.9% during 2022, from $74M to $63M. Reported net income was -$11M.
How have I.B.E.W. Local No. 540 Security plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), I.B.E.W. Local No. 540 Security's sponsor-wide assets grew 41.9%, from $63M to $90M.
Where does I.B.E.W. Local 540 Security Plan rank by assets among Form 5500 filers? ▼
I.B.E.W. Local 540 Security Plan ranks in the 90th 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 401(k) plans are similar in size to I.B.E.W. Local 540 Security Plan? ▼
Among 401(k) plans in other states, the closest by assets is Cognosante LLC 401(k) Plan in AZ ($63M, 1,478 participants).
Which 401(k) plans cover a similar participant headcount to I.B.E.W. Local 540 Security Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Leadventure 401(k) Savings Plan in OR (748 participants, $32M 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 340225473.

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.