Profit Sharing · DOL Form 5500 · 2022
Board of Trustees, Electrical Workers IBEW Local 163 Annuity Fund Profit Sharing Plan
Data updated 2026-08-11
- $98M
- Total assets
- 392
- Participants
- 93rd
- Percentile by assets
- $249,854
- Avg per participant
Official DOL plan name: Electrical Workers IBEW Local 163 Annuity Fund · Sponsored by Board of Trustees, Electrical Workers IBEW Local 163 Annuity Fund · New Jersey · Construction
$98M in assets, 392 participants
Board of Trustees, Electrical Workers IBEW Local 163 Annuity Fund's Electrical Workers IBEW Local 163 Annuity Fund reported $98M in total assets and 392 participants in its 2022 DOL Form 5500 filing, ranking in the 93rd 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.
- 93rd percentile by assets (of 139,126 plans)
- #9,074 in Construction (9,927 peers)
Coverage in New Jersey
Electrical Workers IBEW Local 163 Annuity Fund covers 392 participants in New Jersey, about 46% of the average New Jersey filer (state average ~844 per filing). Assets: $98M.
- $98M
- total plan assets (2022 EOY)
- 392
- covered participants
- 93rd
- percentile by assets (of 139,126 plans)
- $249,854
- avg assets per participant
The plan reported a net loss of $6M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs New Jersey filers
In New Jersey, the average filing covers about 844 participants across 4,145 plans. Electrical Workers IBEW Local 163 Annuity Fund reports 392 participants - about 46% of that state average ($98M EOY assets).
New Jersey filing particulars
| Total Assets (Beginning of Year) | $104M |
|---|---|
| Net Assets (End of Year) | $98M |
| Net Income | -$6M |
| Employer EIN | 236544827 |
| Plan Effective Date | 1970-04-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees, Electrical Workers IBEW Local 163 Annuity Fund)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 392 | $98M |
| 2023 | 1 | 413 | $115M |
| 2024 | 1 | 480 | $125M |
Nearby Profit Sharing Plans in New Jersey
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
Electrical Workers IBEW Local 163 Annuity Fund vs. nearby Profit Sharing plans in New Jersey, assets vs. participants
- Ernst & Young Partnership Retirement (Hr-10) Plan $2.2B · 2,189
- Princeton University Retirement Plan $1.8B · 8,141
- Operating Engineers Local 825 Profit Sharing Fund $1.3B · 10,006
- Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan $1.3B · 8,556
- IBEW Local Union No 102 Surety Plan $593M · 3,061
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Electrical Workers IBEW Local 163 Annuity Fund by total assets, not by location.
- Mto Profit Sharing Plan (CA) $98M · 352
- Campbell Scientific Profit Sharing Plan (UT) $98M · 457
- Local Union No. 41 IBEW Annuity Fund (NY) $98M · 1,416
- Bond, Schoeneck & King, PLLC Members Retirement Plan (NY) $97M · 137
Frequently Asked Questions
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How have Board of Trustees, Electrical Workers IBEW Local 163 Annuity Fund plan assets changed over time? ▼
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Filing takeaways
Ways to act on Electrical Workers IBEW Local 163 Annuity Fund's numbers.
- By total assets, Electrical Workers IBEW Local 163 Annuity Fund 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 New Jersey. Compare plans
- Board of Trustees, Electrical Workers IBEW Local 163 Annuity Fund's sponsor-wide assets have grown 28.1% since 2022 across 3 plan years on file. More Construction plans