Profit Sharing · DOL Form 5500 · 2022
Bd of Trustees I.B.E.W. Local 1253 Retirement Plan Profit Sharing Plan
Data updated 2026-08-11
- $43M
- Total assets
- 445
- Participants
- 87th
- Percentile by assets
- $95,788
- Avg per participant
Official DOL plan name: I.B.E.W. Local 1253 Retirement Plan · Sponsored by Bd of Trustees I.B.E.W. Local 1253 Retirement Plan · Maine · Construction
$43M in assets, 445 participants
Bd of Trustees I.B.E.W. Local 1253 Retirement Plan's I.B.E.W. Local 1253 Retirement Plan reported $43M in total assets and 445 participants in its 2022 DOL Form 5500 filing, ranking in the 87th 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.
- 87th percentile by assets (of 139,126 plans)
- #8,435 in Construction (9,927 peers)
Where I.B.E.W. Local 1253 Retirement Plan sits by assets
I.B.E.W. Local 1253 Retirement Plan sits in the top quartile of all filed plans by assets, $43M for 445 participants (~$95,788/participant), down 16.4% in 2022.
- $43M
- total plan assets (2022 EOY)
- 445
- covered participants
- 87th
- percentile by assets (of 139,126 plans)
- $95,788
- avg assets per participant
The plan reported a net loss of $8M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
I.B.E.W. Local 1253 Retirement Plan vs the 2022 asset distribution
By assets, I.B.E.W. Local 1253 Retirement Plan outranks 87% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.4x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $51M |
|---|---|
| Net Assets (End of Year) | $43M |
| Net Income | -$8M |
| Employer EIN | 016045419 |
| Plan Effective Date | 1973-10-19 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Bd of Trustees I.B.E.W. Local 1253 Retirement Plan)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 445 | $43M |
| 2023 | 1 | 477 | $50M |
| 2024 | 1 | 538 | $55M |
Nearby Profit Sharing Plans in Maine
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
I.B.E.W. Local 1253 Retirement Plan vs. nearby Profit Sharing plans in Maine, assets vs. participants
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to I.B.E.W. Local 1253 Retirement Plan by total assets, not by location.
Frequently Asked Questions
How did I.B.E.W. Local 1253 Retirement Plan assets move in 2022? ▼
How have Bd of Trustees I.B.E.W. Local 1253 Retirement Plan plan assets changed over time? ▼
Where does I.B.E.W. Local 1253 Retirement Plan rank by assets among Form 5500 filers? ▼
Which Profit Sharing plans are similar in size to I.B.E.W. Local 1253 Retirement Plan? ▼
Next read for I.B.E.W. Local 1253 Retirement Plan
Scale reading
Ways to act on I.B.E.W. Local 1253 Retirement Plan's numbers.
- By total assets, I.B.E.W. Local 1253 Retirement Plan 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 Maine. Compare plans
- Bd of Trustees I.B.E.W. Local 1253 Retirement Plan's sponsor-wide assets have grown 28.8% since 2022 across 3 plan years on file. More Construction plans