Profit Sharing · DOL Form 5500 · 2022

IBEW Local Union No. 124 Profit Sharing Plan

Data updated 2026-08-25

$328M
Total assets Above avg plan size
3,250
Participants Above avg headcount
97th
Percentile by assets National rank
$100,881
Avg per participant Below avg balance/head
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Official DOL plan name: I. B. E. W. Local Union No. 124 Annuity Plan · Sponsored by IBEW Local Union No. 124 · Missouri · Construction

$328M in assets, 3,250 participants

IBEW Local Union No. 124's I. B. E. W. Local Union No. 124 Annuity Plan reported $328M in total assets and 3,250 participants in its 2022 DOL Form 5500 filing, ranking in the 97th 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.

  • #9,590 in Construction (9,927 peers)

Coverage in Missouri

I. B. E. W. Local Union No. 124 Annuity Plan covers 3,250 participants in Missouri, 4.4x the typical Missouri plan (state average ~737 per filing). Assets: $328M.

#9,590
in Construction (9,927 peers)
-16.2%
assets change YoY
3.3×
vs typical plan assets (national mean)

The plan reported a net loss of $63M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

I. B. E. W. Local Union No. 124 Annuity Plan's outsized position by total assets

I. B. E. W. Local Union No. 124 Annuity Plan vs every filed plan by assets

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

$327,863,800 Top 3% higher than 97% 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 Union No. 124 Annuity Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. I. B. E. W. Local Union No. 124 Annuity Plan lands in the large band (3,250 participants).

Plan-year Form 5500 strip

Filing strip 431269910 · IBEW Local Union No. 124 PY 2022 · Profit Sharing

I. B. E. W. Local Union No. 124 Annuity Plan · $328M · 3,250 · 97th

  • NET $328M
  • NET 3,250
  • NET 97th
  • NET Profit Sharing
  • NET near Wgu Retirement Savings Plan
  • NET ind #9590

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 Missouri →

I. B. E. W. Local Union No. 124 Annuity Plan in the asset neighbourhood

The Savings Plan for Lilly Affiliate Employees in Puerto RicoThe Savings Plan for Lilly A…$336MKramer Levin Profit-Sharing Retirement PlanKramer Levin Profit-Sharing …$331MLocal 138, 138a, 138b & 138c Internati of Operating Engineers Annuity FundLocal 138, 138a, 138b & 138c…$330MI. B. E. W. Local Union No. 124 Annuity PlanI. B. E. W. Local Union No. …$328MWgu Retirement Savings Plan$327M
End-of-year total assets ($M) among I. B. E. W. Local Union No. 124 Annuity Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2022.

Missouri filing particulars

Total Assets (Beginning of Year)$391M
Net Assets (End of Year)$328M
Net Income-$63M
Employer EIN431269910
Plan Effective Date1982-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (IBEW Local Union No. 124)

Sponsor-wide plan assets over time

All IBEW Local Union No. 124 plans reported in each filing year

Latest sponsor-wide plan assets
$604M 35.28345544899682% vs 2022
2024 filing year
$400M$450M$500M$550M$600M$650M 202220232024 $446M $604M ▲ +35.3%
Year Plans Participants Total Assets
2022 2 6,282 $446M
2023 2 5,500 $536M
2024 2 6,437 $604M

Nearby Profit Sharing Plans in Missouri

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

I. B. E. W. Local Union No. 124 Annuity Plan vs. nearby Profit Sharing plans in Missouri, assets vs. participants Scatter plot of 6 data points. 05000100001500020000 0.20.40.60.811.21.4 Total assets ($B) Participants I. B. E. W. Local Union No. 124 Annuity Plan, Total assets ($B): 0.3278638 · Participants: 3250I. B. E. W. Local Union No. 124 Annuity PlanBoilermakers National Annuity Trust, Total assets ($B): 1.171247772 · Participants: 18584Boilermakers National Annuity TrustProfit Sharing Retirement Plan for Divisions and Subsidiaries of Emerson Electric Co., Total assets ($B): 0.48981045 · Participants: 4856Profit Sharing Retirement Plan for Divisions and Subsidiaries of Emerson Electric Co.Plumbers' & Pipefitters' Local 562 Supplemental Pension Plan & Trust, Total assets ($B): 0.325358764 · Participants: 3378Plumbers' & Pipefitters' Local 562 Supplemental Pension Plan & TrustIron Workers St. Louis District Council Annuity Trust Fund, Total assets ($B): 0.301652557 · Participants: 6869Iron Workers St. Louis District Council Annuity Trust FundAnnuity Fund of Operating Engineers Local 513, Total assets ($B): 0.277485756 · Participants: 8519Annuity Fund of Operating Engineers Local 513
I. B. E. W. Local Union No. 124 Annuity Plan vs. nearby Profit Sharing plans in Missouri, assets vs. participants
Compare I. B. E. W. Local Union No. 124 Annuity Plan side-by-side with 3 peers →

I. B. E. W. Local Union No. 124 Annuity Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Missouri, the nearest Profit Sharing by assets is Wgu Retirement Savings Plan in UT ($327M); by covered participants it is Sinai Health System Retirement Plan in IL (3,259 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (3,250 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 Union No. 124 Annuity Plan assets move in 2022? ▼
I. B. E. W. Local Union No. 124 Annuity Plan declined sharply - down 16.2% during 2022, from $391M to $328M. Reported net income was -$63M.
How have IBEW Local Union No. 124 plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), IBEW Local Union No. 124's sponsor-wide assets grew 35.3%, from $446M to $604M.
Where does I. B. E. W. Local Union No. 124 Annuity Plan rank by assets among Form 5500 filers? ▼
I. B. E. W. Local Union No. 124 Annuity Plan ranks in the 97th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which Profit Sharing plans are similar in size to I. B. E. W. Local Union No. 124 Annuity Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Wgu Retirement Savings Plan in UT ($327M, 7,193 participants).
Which Profit Sharing plans cover a similar participant headcount to I. B. E. W. Local Union No. 124 Annuity Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Sinai Health System Retirement Plan in IL (3,259 participants, $29M 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 431269910.

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.