Profit Sharing · DOL Form 5500 · 2022
Board of Trustees IBEW Local 1049 Profit Sharing Plan
Data updated 2026-08-25
- $261M
- Total assets Near avg plan size
- 3,163
- Participants Above avg headcount
- 96th
- Percentile by assets National rank
- $82,395
- Avg per participant Below avg balance/head
Official DOL plan name: IBEW Local 1049 Craft Annuity Fund · Sponsored by Board of Trustees IBEW Local 1049 · New York · Finance & Insurance
$261M in assets, 3,163 participants
Board of Trustees IBEW Local 1049's IBEW Local 1049 Craft Annuity Fund reported $261M in total assets and 3,163 participants in its 2022 DOL Form 5500 filing, ranking in the 96th 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.
- #8,693 in Finance & Insurance (9,261 peers)
Coverage in New York
IBEW Local 1049 Craft Annuity Fund covers 3,163 participants in New York, 4.0x the typical New York plan (state average ~798 per filing). Assets: $261M.
- #8,693
- in Finance & Insurance (9,261 peers)
- -9.6%
- assets change YoY
- 2.6×
- vs typical plan assets (national mean)
The plan reported a net loss of $28M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
IBEW Local 1049 Craft Annuity Fund's outsized position by total assets
IBEW Local 1049 Craft Annuity Fund vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$260,615,711 Top 4% higher than 96% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
IBEW Local 1049 Craft Annuity Fund'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 1049 Craft Annuity Fund lands in the large band (3,163 participants).
EBSA filing schedule strip
Filing strip 113051862 · Board of Trustees IBEW Local 1049 PY 2022 · Profit Sharing
IBEW Local 1049 Craft Annuity Fund · $261M · 3,163 · 96th
- 5500 $261M
- ASSETS 3,163
- PCT 96th
- EIN Profit Sharing
- RANK near Dillon Companies, LLC Employees' Profit Sharing Plan
- PHOTO ind #8693
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 New York →
IBEW Local 1049 Craft Annuity Fund in the asset neighbourhood
New York filing particulars
| Total Assets (Beginning of Year) | $288M |
|---|---|
| Net Assets (End of Year) | $260M |
| Net Income | -$28M |
| Employer EIN | 113051862 |
| Plan Effective Date | 1991-06-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees IBEW Local 1049)
Sponsor-wide plan assets over time
All Board of Trustees IBEW Local 1049 plans reported in each filing year
- Latest sponsor-wide plan assets
- $349M 33.98733777795921% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 3,163 | $261M |
| 2023 | 1 | 3,061 | $308M |
| 2024 | 1 | 3,215 | $349M |
Nearby Profit Sharing Plans in New York
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
- Annuity Plan of the Electrical Industry $2.0B · 19,997
- Annuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIO $1.6B · 3,494
- Annuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIO $1.5B · 5,696
- The Research Foundation for Suny Retirement Plan $1.1B · 11,139
- Mason Tenders District Council Annuity Fund $837M · 11,072
IBEW Local 1049 Craft Annuity Fund's out-of-state Profit Sharing peers by assets and headcount
Outside New York, the nearest Profit Sharing by assets is Dillon Companies, LLC Employees' Profit Sharing Plan in KS ($260M); by covered participants it is Southern Ohio Medical Center Retirement Savings Program in OH (3,162 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($261M here).
- Dillon Companies, LLC Employees' Profit Sharing Plan (KS) $260M · 2,235
- Twin City Ironworkers Defined Contribution Fund (MN) $260M · 2,463
- St. Luke's Health Network Defined Contribution Plan (PA) $262M · 16,811
- Pacific Coast Building Products, Inc. Profit Sharing/Ret Plan & Trust Agreement (CA) $263M · 2,211
Similar participant headcount
Nearest other-state filings by covered participants (3,163 participants); asset peers above are excluded.
- Southern Ohio Medical Center Retirement Savings Program (OH) 3,162 · 1 off
- Murphy USA Inc. Profit Sharing Plan (AR) 3,151 · 12 off
- Connecticut Laborers' Annuity Plan (CT) 3,141 · 22 off
- The Employees' Profit-Sharing Plan of Utility Trailer Manufacturing Company and Affiliated Companies (CA) 3,213 · 50 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.