Profit Sharing · DOL Form 5500 · 2022
Trustees of the IBEW Local No. 607 Annuity Fund Profit Sharing Plan
Data updated 2026-08-11
- $30M
- Total assets
- 152
- Participants
- 83rd
- Percentile by assets
- $196,740
- Avg per participant
Official DOL plan name: IBEW Local No. 607 Annuity Fund · Sponsored by Trustees of the IBEW Local No. 607 Annuity Fund · New Jersey · Construction
$30M in assets, 152 participants
Trustees of the IBEW Local No. 607 Annuity Fund's IBEW Local No. 607 Annuity Fund reported $30M in total assets and 152 participants in its 2022 DOL Form 5500 filing, ranking in the 83rd 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.
- 83rd percentile by assets (of 139,126 plans)
- #8,121 in Construction (9,927 peers)
Coverage in New Jersey
IBEW Local No. 607 Annuity Fund covers 152 participants in New Jersey, about 18% of the average New Jersey filer (state average ~844 per filing). Assets: $30M.
- $30M
- total plan assets (2022 EOY)
- 152
- covered participants
- 83rd
- percentile by assets (of 139,126 plans)
- $196,740
- avg assets per participant
The plan reported a net loss of $6M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs New Jersey filers
In New Jersey, the average filing covers about 844 participants across 4,145 plans. IBEW Local No. 607 Annuity Fund reports 152 participants - about 18% of that state average ($30M EOY assets).
New Jersey filing particulars
| Total Assets (Beginning of Year) | $36M |
|---|---|
| Net Assets (End of Year) | $30M |
| Net Income | -$6M |
| Employer EIN | 232339624 |
| Plan Effective Date | 1985-03-08 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Trustees of the IBEW Local No. 607 Annuity Fund)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 152 | $30M |
| 2023 | 1 | 207 | $35M |
| 2024 | 1 | 169 | $40M |
Nearby Profit Sharing Plans in New Jersey
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
IBEW Local No. 607 Annuity Fund vs. nearby Profit Sharing plans in New Jersey, assets vs. participants
- Ernst & Young Partnership Retirement (Hr-10) Plan $2.2B · 2,189
- Princeton University Retirement Plan $1.8B · 8,141
- Operating Engineers Local 825 Profit Sharing Fund $1.3B · 10,006
- Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan $1.3B · 8,556
- IBEW Local Union No 102 Surety Plan $593M · 3,061
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to IBEW Local No. 607 Annuity Fund by total assets, not by location.
Frequently Asked Questions
How did IBEW Local No. 607 Annuity Fund assets move in 2022? ▼
How have Trustees of the IBEW Local No. 607 Annuity Fund plan assets changed over time? ▼
Where does IBEW Local No. 607 Annuity Fund rank by assets among Form 5500 filers? ▼
Which Profit Sharing plans are similar in size to IBEW Local No. 607 Annuity Fund? ▼
Next read for IBEW Local No. 607 Annuity Fund
Filing takeaways
Ways to act on IBEW Local No. 607 Annuity Fund's numbers.
- By total assets, IBEW Local No. 607 Annuity Fund ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in New Jersey. Compare plans
- Trustees of the IBEW Local No. 607 Annuity Fund's sponsor-wide assets have grown 34.1% since 2022 across 3 plan years on file. More Construction plans