Profit Sharing · DOL Form 5500 · 2022
IBEW Local 712 Profit Sharing Plan Profit Sharing Plan
Data updated 2026-08-11
- $72M
- Total assets
- 1,414
- Participants
- 91st
- Percentile by assets
- $50,694
- Avg per participant
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.
- 91st percentile by assets (of 139,126 plans)
- #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.
- $72M
- total plan assets (2022 EOY)
- 1,414
- covered participants
- 91st
- percentile by assets (of 139,126 plans)
- $50,694
- avg assets per participant
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 vs the 2022 asset distribution
By assets, IBEW Local 712 Profit Sharing Plan outranks 91% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.7x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $90M |
|---|---|
| Net Assets (End of Year) | $71M |
| Net Income | -$16M |
| Employer EIN | 251297810 |
| Plan Effective Date | 1983-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (IBEW Local 712 Profit Sharing Plan)
| 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
- Eastern Atlantic States Carpenters Annuity Fund $2.0B · 8,058
- University of Pennsylvania Basic Plan $1.4B · 14,515
- International Brotherhood of Electrical Workers Local Union 98 - Profit Sharing Plan $958M · 3,904
- Temple University Health System, Inc. Defined Contribution Retirement Plan $640M · 9,017
- Steamfitters Local Union No. 420 Srp $587M · 6,353
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to IBEW Local 712 Profit Sharing Plan by total assets, not by location.
Frequently Asked Questions
How did IBEW Local 712 Profit Sharing Plan assets move in 2022? ▼
How have IBEW Local 712 Profit Sharing Plan plan assets changed over time? ▼
Where does IBEW Local 712 Profit Sharing Plan rank by assets among Form 5500 filers? ▼
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Next read for IBEW Local 712 Profit Sharing Plan
Scale reading
Ways to act on IBEW Local 712 Profit Sharing Plan's numbers.
- By total assets, IBEW Local 712 Profit Sharing Plan ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in Pennsylvania. Compare plans
- IBEW Local 712 Profit Sharing Plan's sponsor-wide assets have grown 23.2% since 2022 across 3 plan years on file. More Finance & Insurance plans