Profit Sharing · DOL Form 5500 · 2022
Local Union 98 I.B.E.W. - Trustees Profit Sharing Plan Profit Sharing Plan
Data updated 2026-08-25
- $958M
- Total assets Above avg plan size
- 3,904
- Participants Above avg headcount
- 99th
- Percentile by assets National rank
- $245,506
- Avg per participant Above avg balance/head
Official DOL plan name: International Brotherhood of Electrical Workers Local Union 98 - Profit Sharing Plan · Sponsored by Local Union 98 I.B.E.W. - Trustees Profit Sharing Plan · Pennsylvania · Construction
$958M in assets, 3,904 participants
Local Union 98 I.B.E.W. - Trustees Profit Sharing Plan's International Brotherhood of Electrical Workers Local Union 98 - Profit Sharing Plan reported $958M in total assets and 3,904 participants in its 2022 DOL Form 5500 filing, ranking in the 99th 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.
- #9,814 in Construction (9,927 peers)
Coverage in Pennsylvania
International Brotherhood of Electrical Workers Local Union 98 - Profit Sharing Plan covers 3,904 participants in Pennsylvania, 4.8x the typical Pennsylvania plan (state average ~822 per filing). Assets: $958M.
- #9,814
- in Construction (9,927 peers)
- -15.9%
- assets change YoY
- 9.6×
- vs typical plan assets (national mean)
The plan reported a net loss of $182M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
International Brotherhood of Electrical Workers Local Union 98 - Profit Sharing Plan's outsized position by total assets
International Brotherhood of Electrical Workers Local Union 98 - Profit Sharing Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$958,457,322 Top 1% higher than 99% 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
International Brotherhood of Electrical Workers Local Union 98 - Profit Sharing 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. International Brotherhood of Electrical Workers Local Union 98 - Profit Sharing Plan lands in the large band (3,904 participants).
DOL schedule card
Filing strip 232289872 · Local Union 98 I.B.E.W. - Trustees Profit Sharing Plan PY 2022 · Profit Sharing
International Brotherhood of Electrical Workers Local Union 98 - Profit Sharing Plan · $958M · 3,904 · 99th
- VS-ST $958M
- BOY 3,904
- SCH 99th
- EBSA Profit Sharing
- PART near Raymond James Financial, Inc. & Affiliates Profit Sharing Plan
- TYPE ind #9814
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 Pennsylvania →
International Brotherhood of Electrical Workers Local Union 98 - Profit Sharing Plan in the asset neighbourhood
Pennsylvania filing particulars
| Total Assets (Beginning of Year) | $1.1B |
|---|---|
| Net Assets (End of Year) | $958M |
| Net Income | -$182M |
| Employer EIN | 232289872 |
| Plan Effective Date | 1983-07-03 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Local Union 98 I.B.E.W. - Trustees Profit Sharing Plan)
Sponsor-wide plan assets over time
All Local Union 98 I.B.E.W. - Trustees Profit Sharing Plan plans reported in each filing year
- Latest sponsor-wide plan assets
- $1.3B 31.359162280988865% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 3,904 | $958M |
| 2023 | 1 | 3,905 | $1.1B |
| 2024 | 1 | 3,927 | $1.3B |
Nearby Profit Sharing Plans in Pennsylvania
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
- Eastern Atlantic States Carpenters Annuity Fund $2.0B · 8,058
- University of Pennsylvania Basic Plan $1.4B · 14,515
- Temple University Health System, Inc. Defined Contribution Retirement Plan $640M · 9,017
- Steamfitters Local Union No. 420 Srp $587M · 6,353
- Morgan, Lewis & Bockius LLP Defined Contribution Plan $558M · 2,434
International Brotherhood of Electrical Workers Local Union 98 - Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount
Outside Pennsylvania, the nearest Profit Sharing by assets is Raymond James Financial, Inc. & Affiliates Profit Sharing Plan in FL ($985M); by covered participants it is Au Medical Center, Inc. 401(a) Retirement Savings Plan in GA (3,904 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($958M here).
- Raymond James Financial, Inc. & Affiliates Profit Sharing Plan (FL) $985M · 14,201
- Major League Baseball Players Investment Plan (MD) $928M · 4,122
- Charter Communications, Inc. Retirement Accumulation Plan (NC) $993M · 88,468
- Dartmouth-Hitchcock Retirement Plan (NH) $905M · 11,434
Similar participant headcount
Nearest other-state filings by covered participants (3,904 participants); asset peers above are excluded.
- Au Medical Center, Inc. 401(a) Retirement Savings Plan (GA) 3,904 · 0 off
- Cpc-Cdpap Pension Plan & Trust (NY) 3,906 · 2 off
- Steamfitters' Industry Supplemental Retirement Fund (NY) 3,897 · 7 off
- Operating Engineers Local No 37 Severance & Annuity Fund (MD) 3,882 · 22 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.