Profit Sharing · DOL Form 5500 · 2022
Board of Trustees IBEW Local No 461 Defined Contribution Pension Profit Sharing Plan
Data updated 2026-08-11
- $129M
- Total assets
- 934
- Participants
- 94th
- Percentile by assets
- $137,623
- Avg per participant
Official DOL plan name: IBEW Local No 461 Defined Contribution Pension Plan · Sponsored by Board of Trustees IBEW Local No 461 Defined Contribution Pension · Michigan · Other Services
$129M in assets, 934 participants
Board of Trustees IBEW Local No 461 Defined Contribution Pension's IBEW Local No 461 Defined Contribution Pension Plan reported $129M in total assets and 934 participants in its 2022 DOL Form 5500 filing, ranking in the 94th 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.
- 94th percentile by assets (of 139,126 plans)
- #8,232 in Other Services (8,398 peers)
Where IBEW Local No 461 Defined Contribution Pension Plan sits by assets
IBEW Local No 461 Defined Contribution Pension Plan sits in the top 10% of all filed plans by assets, $129M for 934 participants (~$137,623/participant), down 12.5% in 2022.
- $129M
- total plan assets (2022 EOY)
- 934
- covered participants
- 94th
- percentile by assets (of 139,126 plans)
- $137,623
- avg assets per participant
The plan reported a net loss of $18M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
IBEW Local No 461 Defined Contribution Pension Plan vs the 2022 asset distribution
By assets, IBEW Local No 461 Defined Contribution Pension Plan outranks 94% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 1.3x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $147M |
|---|---|
| Net Assets (End of Year) | $128M |
| Net Income | -$18M |
| Employer EIN | 362882653 |
| Plan Effective Date | 1975-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees IBEW Local No 461 Defined Contribution Pension)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 934 | $129M |
| 2023 | 1 | 982 | $154M |
| 2024 | 1 | 1,026 | $172M |
Nearby Profit Sharing Plans in Michigan
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
IBEW Local No 461 Defined Contribution Pension Plan vs. nearby Profit Sharing plans in Michigan, assets vs. participants
- Henry Ford Health System Retirement Savings Plan $1.6B · 15,480
- Construction Industry Retirement Fund of Rockford $475M · 10,395
- Ohio Carpenters' Annuity Plan $371M · 8,330
- IBEW Local 150 Supplemental Pension Fund $248M · 1,286
- Hemlock Semiconductor Operations LLC Employees' Capital Accumulation Plan $234M · 687
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to IBEW Local No 461 Defined Contribution Pension Plan by total assets, not by location.
- International Union of Operating Engineers Local 841 Qualified Savings Plan (IN) $129M · 4,231
- Retirement Plan for Employees of All Childrens Health System, Inc. (FL) $128M · 1,564
- Au Medical Center, Inc. 401(a) Retirement Savings Plan (GA) $129M · 3,904
- Sheet Metal Workers' Local 33 Profit Sharing Annuity Plan (OH) $130M · 4,130
Frequently Asked Questions
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Ways to act on IBEW Local No 461 Defined Contribution Pension Plan's numbers.
- By total assets, IBEW Local No 461 Defined Contribution Pension 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 Michigan. Compare plans
- Board of Trustees IBEW Local No 461 Defined Contribution Pension's sponsor-wide assets have grown 33.5% since 2022 across 3 plan years on file. More Other Services plans