Profit Sharing · DOL Form 5500 · 2022
IBEW Local Union No 102 Surety Plan Profit Sharing Plan
Data updated 2026-08-06
- $593M
- Total assets
- 3,061
- Participants
- 98th
- Percentile by assets
- $193,632
- Avg per participant
Official DOL plan name: IBEW Local Union No 102 Surety Plan · Sponsored by IBEW Local Union No 102 Surety Plan · New Jersey · Construction
$593M in assets, 3,061 participants
IBEW Local Union No 102 Surety Plan's IBEW Local Union No 102 Surety Plan reported $593M in total assets and 3,061 participants in its 2022 DOL Form 5500 filing, ranking in the 98th 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.
- 98th percentile by assets (of 139,258 plans)
- #9,761 in Construction (9,938 peers)
Coverage in New Jersey
IBEW Local Union No 102 Surety Plan covers 3,061 participants in New Jersey, 3.5x the typical New Jersey plan (state average ~865 per filing). Assets: $593M.
- $593M
- total plan assets (2022 EOY)
- 3,061
- covered participants
- 98th
- percentile by assets (of 139,258 plans)
- $193,632
- avg assets per participant
The plan reported a net loss of $31M 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 865 participants across 3,927 plans. IBEW Local Union No 102 Surety Plan reports 3,061 participants - 3.5x that state average ($593M EOY assets).
New Jersey filing particulars
| Total Assets (Beginning of Year) | $623M |
|---|---|
| Net Assets (End of Year) | $592M |
| Net Income | -$31M |
| Employer EIN | 222347484 |
| Plan Effective Date | 1981-06-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (IBEW Local Union No 102 Surety Plan)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 3,061 | $593M |
| 2023 | 1 | 2,283 | $637M |
| 2024 | 1 | 2,382 | $685M |
Nearby Profit Sharing Plans in New Jersey
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
IBEW Local Union No 102 Surety Plan 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
- Consolidated Defined Contribution Plan of Hackensack Meridian Health $252M · 7,144
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to IBEW Local Union No 102 Surety Plan by total assets, not by location.
- Steamfitters Local Union No. 420 Srp (PA) $587M · 6,353
- The Retirement and Savings Plan for Amgen Manufacturing, Limited (PR) $611M · 2,614
- The Boston Consulting Group, Inc. Employees' Profit Sharing Retirement Fund (MA) $573M · 5,008
- International Painters and Allied Trades Industry Annuity Plan (MD) $614M · 10,013
Frequently Asked Questions
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How have IBEW Local Union No 102 Surety Plan plan assets changed over time? ▼
Where does IBEW Local Union No 102 Surety Plan rank by assets among Form 5500 filers? ▼
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Next read for IBEW Local Union No 102 Surety Plan
Filing takeaways
Ways to act on IBEW Local Union No 102 Surety Plan's numbers.
- By total assets, IBEW Local Union No 102 Surety Plan ranks in the top 5% 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
- IBEW Local Union No 102 Surety Plan's sponsor-wide assets have grown 15.5% since 2022 across 3 plan years on file. More Construction plans