Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

IBEW LOCAL UNION NO 252 DEF CONTRIB PLAN 401K PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

JT BOARD TRUSTEES IBEW LOCAL 252

This Profit Sharing plan holds $109M in total assets and serves 1,184 participants as of 2022. It is sponsored by JT BOARD TRUSTEES IBEW LOCAL 252 in Michigan. The plan reported positive net income of $3M for the year.

Total Assets (2023)
$109M
Participants
1,184
State
Industry
Construction

What the Filing Says About IBEW LOCAL UNION NO 252 DEF CONTRIB PLAN 401K PLAN

IBEW LOCAL UNION NO 252 DEF CONTRIB PLAN 401K PLAN is a Profit Sharing retirement plan sponsored by JT BOARD TRUSTEES IBEW LOCAL 252, headquartered in Michigan. As of the 2022 Form 5500 filing, the plan reports $109M in total end-of-year assets and covers 1,184 participants across the Construction industry. The sponsor's EIN on file with the U.S. Department of Labor is 386323896, and the plan has been effective since 1993-06-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $105M at the beginning of 2022 to $109M at year-end — a gain of 3.0%. Net assets (after liabilities) closed the year at $108M, with reported net income of $3M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$105M
Total Assets (End of Year)$109M
Net Assets (End of Year)$108M
Net Income$3M
Plan TypeProfit Sharing
Employer EIN386323896
Plan Effective Date1993-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (JT BOARD TRUSTEES IBEW LOCAL 252)

Year Plans Participants Total Assets
2022 2 1,761 $301M
2023 2 1,868 $356M
2024 2 1,873 $397M

Nearby Profit Sharing Plans in Michigan

Peer Profit Sharing plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the IBEW LOCAL UNION NO 252 DEF CONTRIB PLAN 401K PLAN?
As of the 2022 Form 5500 filing, IBEW LOCAL UNION NO 252 DEF CONTRIB PLAN 401K PLAN holds $109M in total assets with 1,184 participants. It is sponsored by JT BOARD TRUSTEES IBEW LOCAL 252.
What type of plan is IBEW LOCAL UNION NO 252 DEF CONTRIB PLAN 401K PLAN?
IBEW LOCAL UNION NO 252 DEF CONTRIB PLAN 401K PLAN is a Profit Sharing plan. It has been effective since 1993-06-01. The plan is filed with the U.S. Department of Labor under EIN 386323896.
Who sponsors the IBEW LOCAL UNION NO 252 DEF CONTRIB PLAN 401K PLAN?
IBEW LOCAL UNION NO 252 DEF CONTRIB PLAN 401K PLAN is sponsored by JT BOARD TRUSTEES IBEW LOCAL 252, located in Michigan. The sponsor's EIN is 386323896 and the plan operates in the Construction industry.
How did IBEW LOCAL UNION NO 252 DEF CONTRIB PLAN 401K PLAN perform in 2022?
IBEW LOCAL UNION NO 252 DEF CONTRIB PLAN 401K PLAN grew by 3.0% during 2022, moving from $105M to $109M in total assets. Net income was $3M.
Where can I find official filings for IBEW LOCAL UNION NO 252 DEF CONTRIB PLAN 401K PLAN?
Official Form 5500 filings for IBEW LOCAL UNION NO 252 DEF CONTRIB PLAN 401K PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 386323896 or plan name at efast.dol.gov.
How does IBEW LOCAL UNION NO 252 DEF CONTRIB PLAN 401K PLAN compare to other plans?
You can compare IBEW LOCAL UNION NO 252 DEF CONTRIB PLAN 401K PLAN against other Profit Sharing plans on the plan type page, or view plans in Michigan on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 386323896.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.