Profit Sharing · DOL Form 5500 · 2022

IBEW Local 712 Profit Sharing Plan Profit Sharing Plan

Data updated 2026-08-25

$72M
Total assets Below avg plan size
1,414
Participants Near avg headcount
91st
Percentile by assets National rank
$50,694
Avg per participant Low balance/head
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Official DOL plan name: IBEW Local 712 Profit Sharing Plan · Sponsored by IBEW Local 712 Profit Sharing Plan · Pennsylvania · Finance & Insurance

$72M in assets, 1,414 participants

IBEW Local 712 Profit Sharing Plan's IBEW Local 712 Profit Sharing Plan reported $72M in total assets and 1,414 participants in its 2022 DOL Form 5500 filing, ranking in the 91st 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.

  • #7,874 in Finance & Insurance (9,261 peers)

Where IBEW Local 712 Profit Sharing Plan sits by assets

IBEW Local 712 Profit Sharing Plan sits in the top 10% of all filed plans by assets, $72M for 1,414 participants (~$50,694/participant), down 20.3% in 2022.

#7,874
in Finance & Insurance (9,261 peers)
-20.3%
assets change YoY
0.7×
vs typical plan assets (national mean)

The plan reported a net loss of $16M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

IBEW Local 712 Profit Sharing Plan's outsized position by total assets

IBEW Local 712 Profit Sharing Plan vs every filed plan by assets

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

$71,681,003 Top 9% higher than 91% 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

IBEW Local 712 Profit Sharing 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. IBEW Local 712 Profit Sharing Plan lands in the large band (1,414 participants).

Form 5500 schedule snapshot

Filing strip 251297810 · IBEW Local 712 Profit Sharing Plan PY 2022 · Profit Sharing

IBEW Local 712 Profit Sharing Plan · $72M · 1,414 · 91st

  • VS-ST $72M
  • VS-ST 1,414
  • VS-ST 91st
  • VS-ST Profit Sharing
  • VS-ST near Kitchell Affiliates Employees' Profit Sharing Plan
  • VS-ST ind #7874

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 Finance & Insurance retirement plans → · Plans in Pennsylvania →

IBEW Local 712 Profit Sharing Plan in the asset neighbourhood

Plumbers Local #210 Retirement FundPlumbers Local #210 Retireme…$72MKitchell Affiliates Employees' Profit Sharing PlanKitchell Affiliates Employee…$72MIBEW Local 712 Profit Sharing PlanIBEW Local 712 Profit Sharin…$72MThe Alliance Retirement Plan$71MSprinkler Fitters and Apprentices Local 704 Defined Contribution Pension Fund PlanSprinkler Fitters and Appren…$71M
End-of-year total assets ($M) among IBEW Local 712 Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$90M
Net Assets (End of Year)$71M
Net Income-$16M
Employer EIN251297810
Plan Effective Date1983-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (IBEW Local 712 Profit Sharing Plan)

Sponsor-wide plan assets over time

All IBEW Local 712 Profit Sharing Plan plans reported in each filing year

Latest sponsor-wide plan assets
$203M 23.211612667881255% vs 2022
2024 filing year
$160M$180M$200M$220M 202220232024 $165M $203M ▲ +23.2%
Year Plans Participants Total Assets
2022 2 1,962 $165M
2023 2 1,979 $184M
2024 2 1,862 $203M

Nearby Profit Sharing Plans in Pennsylvania

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

IBEW Local 712 Profit Sharing Plan vs. nearby Profit Sharing plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. 05000100001500020000 -0.500.511.522.5 Total assets ($B) Participants IBEW Local 712 Profit Sharing Plan, Total assets ($B): 0.071681003 · Participants: 1414IBEW Local 712 Profit Sharing PlanEastern Atlantic States Carpenters Annuity Fund, Total assets ($B): 2.032358305 · Participants: 8058Eastern Atlantic States Carpenters Annuity FundUniversity of Pennsylvania Basic Plan, Total assets ($B): 1.417850182 · Participants: 14515University of Pennsylvania Basic PlanInternational Brotherhood of Electrical Workers Local Union 98 - Profit Sharing Plan, Total assets ($B): 0.958457322 · Participants: 3904International Brotherhood of Electrical Workers Local Union 98 - Profit Sharing PlanTemple University Health System, Inc. Defined Contribution Retirement Plan, Total assets ($B): 0.640341222 · Participants: 9017Temple University Health System, Inc. Defined Contribution Retirement PlanSteamfitters Local Union No. 420 Srp, Total assets ($B): 0.58659727 · Participants: 6353Steamfitters Local Union No. 420 Srp
IBEW Local 712 Profit Sharing Plan vs. nearby Profit Sharing plans in Pennsylvania, assets vs. participants
Compare IBEW Local 712 Profit Sharing Plan side-by-side with 3 peers →

IBEW Local 712 Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Pennsylvania, the nearest Profit Sharing by assets is Kitchell Affiliates Employees' Profit Sharing Plan in AZ ($72M); by covered participants it is Osu Physicians, Inc. Interim Retirement Plan in OH (1,412 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,414 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 IBEW Local 712 Profit Sharing Plan assets move in 2022? ▼
IBEW Local 712 Profit Sharing Plan declined sharply - down 20.3% during 2022, from $90M to $72M. Reported net income was -$16M.
How have IBEW Local 712 Profit Sharing Plan plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), IBEW Local 712 Profit Sharing Plan's sponsor-wide assets grew 23.2%, from $165M to $203M.
Where does IBEW Local 712 Profit Sharing Plan rank by assets among Form 5500 filers? ▼
IBEW Local 712 Profit Sharing Plan ranks in the 91st percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which Profit Sharing plans are similar in size to IBEW Local 712 Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Kitchell Affiliates Employees' Profit Sharing Plan in AZ ($72M, 558 participants).
Which Profit Sharing plans cover a similar participant headcount to IBEW Local 712 Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Osu Physicians, Inc. Interim Retirement Plan in OH (1,412 participants, $135M 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 251297810.

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.