Profit Sharing · DOL Form 5500 · 2022
IBEW Local Union No. 124 Profit Sharing Plan
Data updated 2026-08-11
- $328M
- Total assets
- 3,250
- Participants
- 97th
- Percentile by assets
- $100,881
- Avg per participant
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.
- 97th percentile by assets (of 139,126 plans)
- #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.
- $328M
- total plan assets (2022 EOY)
- 3,250
- covered participants
- 97th
- percentile by assets (of 139,126 plans)
- $100,881
- avg assets per participant
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.
Participants vs Missouri filers
In Missouri, the average filing covers about 737 participants across 2,297 plans. I. B. E. W. Local Union No. 124 Annuity Plan reports 3,250 participants - 4.4x that state average ($328M EOY assets).
Missouri filing particulars
| Total Assets (Beginning of Year) | $391M |
|---|---|
| Net Assets (End of Year) | $328M |
| Net Income | -$63M |
| Employer EIN | 431269910 |
| Plan Effective Date | 1982-09-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (IBEW Local Union No. 124)
| 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
- Boilermakers National Annuity Trust $1.2B · 18,584
- Profit Sharing Retirement Plan for Divisions and Subsidiaries of Emerson Electric Co. $490M · 4,856
- Plumbers' & Pipefitters' Local 562 Supplemental Pension Plan & Trust $325M · 3,378
- Iron Workers St. Louis District Council Annuity Trust Fund $302M · 6,869
- Annuity Fund of Operating Engineers Local 513 $277M · 8,519
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to I. B. E. W. Local Union No. 124 Annuity Plan by total assets, not by location.
- Wgu Retirement Savings Plan (UT) $327M · 7,193
- Local 138, 138a, 138b & 138c Internati of Operating Engineers Annuity Fund (NY) $330M · 1,221
- Kramer Levin Profit-Sharing Retirement Plan (NY) $331M · 331
- The Savings Plan for Lilly Affiliate Employees in Puerto Rico (PR) $336M · 1,038
Frequently Asked Questions
How did I. B. E. W. Local Union No. 124 Annuity Plan assets move in 2022? ▼
How have IBEW Local Union No. 124 plan assets changed over time? ▼
Where does I. B. E. W. Local Union No. 124 Annuity Plan rank by assets among Form 5500 filers? ▼
Which Profit Sharing plans are similar in size to I. B. E. W. Local Union No. 124 Annuity Plan? ▼
Next read for I. B. E. W. Local Union No. 124 Annuity …
Filing takeaways
Ways to act on I. B. E. W. Local Union No. 124 Annuity Plan's numbers.
- By total assets, I. B. E. W. Local Union No. 124 Annuity 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 Missouri. Compare plans
- IBEW Local Union No. 124's sponsor-wide assets have grown 35.3% since 2022 across 3 plan years on file. More Construction plans