401(k) · DOL Form 5500 · 2022
IBEW Local Union No. 60 401(k) Plan
Data updated 2026-08-11
- $44M
- Total assets
- 2,615
- Participants
- 87th
- Percentile by assets
- $16,892
- Avg per participant
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.
- 87th percentile by assets (of 139,126 plans)
- #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.
- $44M
- total plan assets (2022 EOY)
- 2,615
- covered participants
- 87th
- percentile by assets (of 139,126 plans)
- $16,892
- avg assets per participant
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.
Where IBEW Local Union No. 60 401(k) Plan sits 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
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Participants vs Texas filers
In Texas, the average filing covers about 688 participants across 10,116 plans. IBEW Local Union No. 60 401(k) Plan reports 2,615 participants - 3.8x that state average ($44M EOY assets).
Texas filing particulars
| Total Assets (Beginning of Year) | $45M |
|---|---|
| Net Assets (End of Year) | $43M |
| Net Income | -$2M |
| Employer EIN | 316632806 |
| Plan Effective Date | 1999-06-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (IBEW Local Union No. 60)
| 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.
- AT&T Retirement Savings Plan $37.6B · 144,503
- Exxonmobil Savings Plan $21.3B · 23,619
- Caterpillar 401(k) Savings Plan $13.8B · 38,538
- American Airlines, Inc. 401(k) Plan $12.8B · 85,577
- Dell Inc. 401(k) Plan $12.0B · 47,532
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to IBEW Local Union No. 60 401(k) Plan by total assets, not by location.
- United Electric Controls 401(k) Plan (MA) $44M · 218
- Casto Management Services, Inc. Savings and Retirement Plan (OH) $44M · 275
- Montana Health Network 401(k) Plan (MT) $44M · 1,274
- Burton + Burton Profit Sharing & 401(k) Plan (GA) $44M · 228
Frequently Asked Questions
How did IBEW Local Union No. 60 401(k) Plan assets move in 2022? ▼
How have IBEW Local Union No. 60 plan assets changed over time? ▼
Where does IBEW Local Union No. 60 401(k) Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to IBEW Local Union No. 60 401(k) Plan? ▼
Next read for IBEW Local Union No. 60 401(k) Plan
Filing takeaways
Ways to act on IBEW Local Union No. 60 401(k) Plan's numbers.
- By total assets, IBEW Local Union No. 60 401(k) Plan ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Texas. Compare plans
- IBEW Local Union No. 60's sponsor-wide assets have grown 65.7% since 2022 across 3 plan years on file. More Construction plans