401(k) · DOL Form 5500 · 2022
Board of Directors of the IBEW Locals' Saving & Retirement Group Trust 401(k) Plan
Data updated 2026-08-06
- $676M
- Total assets
- 389
- Participants
- 98th
- Percentile by assets
- $1.7M
- Avg per participant
Official DOL plan name: International Brotherhood of Electrical Workers Local Unions Savings & Security Plan · Sponsored by Board of Directors of the IBEW Locals' Saving & Retirement Group Trust · New York · Other Services
$676M in assets, 389 participants
Board of Directors of the IBEW Locals' Saving & Retirement Group Trust's International Brotherhood of Electrical Workers Local Unions Savings & Security Plan reported $676M in total assets and 389 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)
- #8,377 in Other Services (8,406 peers)
Coverage in New York
International Brotherhood of Electrical Workers Local Unions Savings & Security Plan covers 389 participants in New York, about 49% of the average New York filer (state average ~795 per filing). Assets: $676M.
- $676M
- total plan assets (2022 EOY)
- 389
- covered participants
- 98th
- percentile by assets (of 139,258 plans)
- $1.7M
- avg assets per participant
The plan reported a net loss of $190M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs New York filers
In New York, the average filing covers about 795 participants across 8,491 plans. International Brotherhood of Electrical Workers Local Unions Savings & Security Plan reports 389 participants - about 49% of that state average ($676M EOY assets).
New York filing particulars
| Total Assets (Beginning of Year) | $865M |
|---|---|
| Net Assets (End of Year) | $675M |
| Net Income | -$190M |
| Employer EIN | 271722149 |
| Plan Effective Date | 1979-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Directors of the IBEW Locals' Saving & Retirement Group Trust)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 389 | $676M |
| 2023 | 1 | 376 | $698M |
| 2024 | 1 | 372 | $742M |
Nearby 401(k) Plans in New York
Peer 401(k) plans, same state, same plan type, ranked by total assets.
International Brotherhood of Electrical Workers Local Unions Savings & Security Plan vs. nearby 401(k) plans in New York, assets vs. participants
- IBM 401 (K) Plus Plan $53.4B · 56,376
- Morgan Stanley 401(k) Plan $16.4B · 42,924
- The Pepsico Savings Plan $12.1B · 129,846
- Deloitte 401(k) Plan $11.0B · 74,687
- The Goldman Sachs 401(k) Plan $9.7B · 22,650
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to International Brotherhood of Electrical Workers Local Unions Savings & Security Plan by total assets, not by location.
- Pvh Associates Investment Plan (NJ) $676M · 5,548
- Worthington Industries, Inc. Deferred Profit Sharing Plan (OH) $676M · 4,794
- Associated Banc-Corp 401(k) and Employee Stock Ownership Plan (WI) $676M · 4,052
- Radiology Partners, Inc. Partner Plan (CA) $677M · 1,490
Frequently Asked Questions
How did International Brotherhood of Electrical Workers Local Unions Savings & Security Plan assets move in 2022? ▼
How have Board of Directors of the IBEW Locals' Saving & Retirement Group Trust plan assets changed over time? ▼
Where does International Brotherhood of Electrical Workers Local Unions Savings & Security Plan rank by assets among Form 5500 filers? ▼
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Filing takeaways
Ways to act on International Brotherhood of Electrical Workers Local Unions Savings & Security Plan's numbers.
- By total assets, International Brotherhood of Electrical Workers Local Unions Savings & Security Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in New York. Compare plans
- Board of Directors of the IBEW Locals' Saving & Retirement Group Trust's sponsor-wide assets have grown 9.8% since 2022 across 3 plan years on file. More Other Services plans