401(k) · DOL Form 5500 · 2022

IBEW Local Union No. 60 401(k) Plan

Data updated 2026-08-25

$44M
Total assets Below avg plan size
2,615
Participants Above avg headcount
87th
Percentile by assets National rank
$16,892
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: IBEW Local Union No. 60 401(k) Plan · Sponsored by IBEW Local Union No. 60 · Texas · Construction

$44M in assets, 2,615 participants

IBEW Local Union No. 60's IBEW Local Union No. 60 401(k) Plan reported $44M in total assets and 2,615 participants in its 2022 DOL Form 5500 filing, ranking in the 87th 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.

  • #8,464 in Construction (9,927 peers)

Coverage in Texas

IBEW Local Union No. 60 401(k) Plan covers 2,615 participants in Texas, 3.8x the typical Texas plan (state average ~688 per filing). Assets: $44M.

#8,464
in Construction (9,927 peers)
-2.3%
assets change YoY
0.4×
vs typical plan assets (national mean)

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

IBEW Local Union No. 60 401(k) Plan's outsized position by total assets

IBEW Local Union No. 60 401(k) Plan vs every filed plan by assets

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

$44,173,679 Top 13% higher than 87% 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 Union No. 60 401(k) 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 Union No. 60 401(k) Plan lands in the large band (2,615 participants).

Published 5500 schedule card

Filing strip 316632806 · IBEW Local Union No. 60 PY 2022 · 401(k)

IBEW Local Union No. 60 401(k) Plan · $44M · 2,615 · 87th

  • SCH $44M
  • SCH 2,615
  • SCH 87th
  • SCH 401(k)
  • SCH near United Electric Controls 401(k) Plan
  • SCH ind #8464

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 Texas →

IBEW Local Union No. 60 401(k) Plan in the asset neighbourhood

Montana Health Network 401(k) PlanMontana Health Network 401(k…$44MBurton + Burton Profit Sharing & 401(k) PlanBurton + Burton Profit Shari…$44MIBEW Local Union No. 60 401(k) PlanIBEW Local Union No. 60 401(…$44MUnited Electric Controls 401(k) PlanUnited Electric Controls 401…$44MCasto Management Services, Inc. Savings and Retirement PlanCasto Management Services, I…$44M
End-of-year total assets ($M) among IBEW Local Union No. 60 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Texas filing particulars

Total Assets (Beginning of Year)$45M
Net Assets (End of Year)$43M
Net Income-$2M
Employer EIN316632806
Plan Effective Date1999-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (IBEW Local Union No. 60)

Sponsor-wide plan assets over time

All IBEW Local Union No. 60 plans reported in each filing year

Latest sponsor-wide plan assets
$73M 65.70170213805375% vs 2022
2024 filing year
$40M$50M$60M$70M$80M 202220232024 $44.2M $73.2M ▲ +65.7%
Year Plans Participants Total Assets
2022 1 2,615 $44M
2023 1 2,506 $57M
2024 1 3,277 $73M

Nearby 401(k) Plans in Texas

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

IBEW Local Union No. 60 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -10010203040 Total assets ($B) Participants IBEW Local Union No. 60 401(k) Plan, Total assets ($B): 0.044173679 · Participants: 2615IBEW Local Union No. 60 401(k) PlanAT&T Retirement Savings Plan, Total assets ($B): 37.578871 · Participants: 144503AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 21.266 · Participants: 23619Exxonmobil Savings PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 13.794958016 · Participants: 38538Caterpillar 401(k) Savings PlanAmerican Airlines, Inc. 401(k) Plan, Total assets ($B): 12.806443202 · Participants: 85577American Airlines, Inc. 401(k) PlanDell Inc. 401(k) Plan, Total assets ($B): 11.969059 · Participants: 47532Dell Inc. 401(k) Plan
IBEW Local Union No. 60 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants
Compare IBEW Local Union No. 60 401(k) Plan side-by-side with 3 peers →

IBEW Local Union No. 60 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is United Electric Controls 401(k) Plan in MA ($44M); by covered participants it is Dsm North America Defined Contribution Plan in NJ (2,615 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,615 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 Union No. 60 401(k) Plan assets move in 2022? ▼
IBEW Local Union No. 60 401(k) Plan edged down modestly - down 2.3% during 2022, from $45M to $44M. Reported net income was -$2M.
How have IBEW Local Union No. 60 plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), IBEW Local Union No. 60's sponsor-wide assets grew 65.7%, from $44M to $73M.
Where does IBEW Local Union No. 60 401(k) Plan rank by assets among Form 5500 filers? ▼
IBEW Local Union No. 60 401(k) Plan ranks in the 87th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to IBEW Local Union No. 60 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is United Electric Controls 401(k) Plan in MA ($44M, 218 participants).
Which 401(k) plans cover a similar participant headcount to IBEW Local Union No. 60 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Dsm North America Defined Contribution Plan in NJ (2,615 participants, $649M 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 316632806.

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.