401(k) · DOL Form 5500 · 2022

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

Data updated 2026-08-11

$63M
Total assets
748
Participants
90th
Percentile by assets
$84,485
Avg per participant
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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.

  • 90th percentile by assets (of 139,126 plans)
  • #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.

$63M
total plan assets (2022 EOY)
748
covered participants
90th
percentile by assets (of 139,126 plans)
$84,485
avg assets per participant

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.

Where I.B.E.W. Local 540 Security Plan sits 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 $2,010,000,000 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

State
Ohio
Industry
Construction

I.B.E.W. Local 540 Security Plan vs the 2022 asset distribution

By assets, I.B.E.W. Local 540 Security Plan outranks 90% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.6x the national average plan size of $100M (721 average participants).

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)

$60M$70M$80M$90M$100M 202220232024 $63.2M $89.7M ▲ +41.9%
Total plan assets by year, all I.B.E.W. Local No. 540 Security plans on file
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 ($B) Participants I.B.E.W. Local 540 S…, Total assets ($B): 0.063195119 · Participants: 748I.B.E.W. Local 540 S…The Sherwin-Williams…, Total assets ($B): 8.343834208 · Participants: 44890The Sherwin-Williams…The Progressive 401(…, Total assets ($B): 7.60950811 · Participants: 50299The Progressive 401(…The Kroger Co. 401(k…, Total assets ($B): 7.311555 · Participants: 116133The Kroger Co. 401(k…Nationwide Savings P…, Total assets ($B): 6.73672335 · Participants: 24278Nationwide Savings P…Marathon Petroleum T…, Total assets ($B): 6.371480588 · Participants: 17666Marathon Petroleum T…
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 →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to I.B.E.W. Local 540 Security Plan by total assets, not by location.

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).

Next read for I.B.E.W. Local 540 Security Plan

Scale reading

Ways to act on I.B.E.W. Local 540 Security Plan's numbers.

  • By total assets, I.B.E.W. Local 540 Security 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
  • I.B.E.W. Local No. 540 Security's sponsor-wide assets have grown 41.9% since 2022 across 3 plan years on file. More Construction plans

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.