401(k) · DOL Form 5500 · 2022

IBEW Local 683 Board of Trustees 401(k) Plan

Data updated 2026-08-25

$184M
Total assets Near avg plan size
1,897
Participants Near avg headcount
95th
Percentile by assets National rank
$97,000
Avg per participant Below avg balance/head
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Official DOL plan name: IBEW Local 683 Profit Sharing Annuity Plan · Sponsored by IBEW Local 683 Board of Trustees · Michigan · Construction

$184M in assets, 1,897 participants

IBEW Local 683 Board of Trustees's IBEW Local 683 Profit Sharing Annuity Plan reported $184M in total assets and 1,897 participants in its 2022 DOL Form 5500 filing, ranking in the 95th 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.

  • #9,388 in Construction (9,927 peers)

Coverage in Michigan

IBEW Local 683 Profit Sharing Annuity Plan covers 1,897 participants in Michigan, 3.0x the typical Michigan plan (state average ~638 per filing). Assets: $184M.

#9,388
in Construction (9,927 peers)
-12.8%
assets change YoY
1.8×
vs typical plan assets (national mean)

The plan reported a net loss of $27M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

IBEW Local 683 Profit Sharing Annuity Plan's outsized position by total assets

IBEW Local 683 Profit Sharing Annuity Plan vs every filed plan by assets

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

$184,008,285 Top 5% higher than 95% 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 683 Profit Sharing 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. IBEW Local 683 Profit Sharing Annuity Plan lands in the large band (1,897 participants).

DOL schedule card

Filing strip 341442087 · IBEW Local 683 Board of Trustees PY 2022 · 401(k)

IBEW Local 683 Profit Sharing Annuity Plan · $184M · 1,897 · 95th

  • PART $184M
  • PART 1,897
  • PART 95th
  • PART 401(k)
  • PART near Newsday 401(k) Savings Plan
  • PART ind #9388

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 Michigan →

IBEW Local 683 Profit Sharing Annuity Plan in the asset neighbourhood

Newsday 401(k) Savings Plan$184MIBEW Local 683 Profit Sharing Annuity PlanIBEW Local 683 Profit Sharin…$184MPace Analytical Retirement Savings PlanPace Analytical Retirement S…$184MTsmc North America 401(k) PlanTsmc North America 401(k) Pl…$184MFirst Tech Federal Credit Union Employees Qualified Savings PlanFirst Tech Federal Credit Un…$184M
End-of-year total assets ($M) among IBEW Local 683 Profit Sharing Annuity Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Michigan filing particulars

Total Assets (Beginning of Year)$211M
Net Assets (End of Year)$183M
Net Income-$27M
Employer EIN341442087
Plan Effective Date1984-06-04
Filing StatusFILING RECEIVED

Sponsor Plan History (IBEW Local 683 Board of Trustees)

Sponsor-wide plan assets over time

All IBEW Local 683 Board of Trustees plans reported in each filing year

Latest sponsor-wide plan assets
$616M 42.20802521971577% vs 2022
2024 filing year
$400M$500M$600M$700M 202220232024 $433M $616M ▲ +42.2%
Year Plans Participants Total Assets
2022 2 3,409 $433M
2023 2 4,360 $532M
2024 2 5,196 $616M

Nearby 401(k) Plans in Michigan

Peer 401(k) plans, same state, same plan type, ranked by total assets.

IBEW Local 683 Profit Sharing Annuity Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -505101520 Total assets ($B) Participants IBEW Local 683 Profit Sharing Annuity Plan, Total assets ($B): 0.184008285 · Participants: 1897IBEW Local 683 Profit Sharing Annuity PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 18.071817726 · Participants: 43382General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 13.833597622 · Participants: 32974Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 9.307640951 · Participants: 16930The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 7.545889119 · Participants: 40458The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 6.44558193 · Participants: 57811Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
IBEW Local 683 Profit Sharing Annuity Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare IBEW Local 683 Profit Sharing Annuity Plan side-by-side with 3 peers →

IBEW Local 683 Profit Sharing Annuity Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Newsday 401(k) Savings Plan in NY ($184M); by covered participants it is Kgpco, Inc. 401(k) Savings Plan in MN (1,897 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($184M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,897 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 683 Profit Sharing Annuity Plan assets move in 2022? ▼
IBEW Local 683 Profit Sharing Annuity Plan pulled back noticeably - down 12.8% during 2022, from $211M to $184M. Reported net income was -$27M.
How have IBEW Local 683 Board of Trustees plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), IBEW Local 683 Board of Trustees's sponsor-wide assets grew 42.2%, from $433M to $616M.
Where does IBEW Local 683 Profit Sharing Annuity Plan rank by assets among Form 5500 filers? ▼
IBEW Local 683 Profit Sharing Annuity Plan ranks in the 95th 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 401(k) plans are similar in size to IBEW Local 683 Profit Sharing Annuity Plan? ▼
Among 401(k) plans in other states, the closest by assets is Newsday 401(k) Savings Plan in NY ($184M, 523 participants).
Which 401(k) plans cover a similar participant headcount to IBEW Local 683 Profit Sharing Annuity Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Kgpco, Inc. 401(k) Savings Plan in MN (1,897 participants, $76M 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 341442087.

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.