401(k) · DOL Form 5500 · 2022
IBEW Local 683 Board of Trustees 401(k) Plan
Data updated 2026-08-11
- $184M
- Total assets
- 1,897
- Participants
- 95th
- Percentile by assets
- $97,000
- Avg per participant
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.
- 95th percentile by assets (of 139,126 plans)
- #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.
- $184M
- total plan assets (2022 EOY)
- 1,897
- covered participants
- 95th
- percentile by assets (of 139,126 plans)
- $97,000
- avg assets per participant
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.
Participants vs Michigan filers
In Michigan, the average filing covers about 638 participants across 4,220 plans. IBEW Local 683 Profit Sharing Annuity Plan reports 1,897 participants - 3.0x that state average ($184M EOY assets).
Michigan filing particulars
| Total Assets (Beginning of Year) | $211M |
|---|---|
| Net Assets (End of Year) | $183M |
| Net Income | -$27M |
| Employer EIN | 341442087 |
| Plan Effective Date | 1984-06-04 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (IBEW Local 683 Board of Trustees)
| 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
- General Motors Retirement Savings Plan for Salaried Employees in the United States $18.1B · 43,382
- Ford Motor Co. Savings and Stock Investment Plan for Salaried Employees $13.8B · 32,974
- The Dow Chemical Company Employees' Savings Plan $9.3B · 16,930
- The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States $7.5B · 40,458
- Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees $6.4B · 57,811
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to IBEW Local 683 Profit Sharing Annuity Plan by total assets, not by location.
- Newsday 401(k) Savings Plan (NY) $184M · 523
- Pace Analytical Retirement Savings Plan (MN) $184M · 3,508
- Tsmc North America 401(k) Plan (CA) $184M · 559
- First Tech Federal Credit Union Employees Qualified Savings Plan (OR) $184M · 1,542
Frequently Asked Questions
How did IBEW Local 683 Profit Sharing Annuity Plan assets move in 2022? ▼
How have IBEW Local 683 Board of Trustees plan assets changed over time? ▼
Where does IBEW Local 683 Profit Sharing Annuity Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to IBEW Local 683 Profit Sharing Annuity Plan? ▼
Next read for IBEW Local 683 Profit Sharing Annuity Pl…
Filing takeaways
Ways to act on IBEW Local 683 Profit Sharing Annuity Plan's numbers.
- By total assets, IBEW Local 683 Profit Sharing 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 401(k) plans in Michigan. Compare plans
- IBEW Local 683 Board of Trustees's sponsor-wide assets have grown 42.2% since 2022 across 3 plan years on file. More Construction plans