Profit Sharing · DOL Form 5500 · 2022
Board of Trustees, Ibt Local 863 Profit Sharing Plan
Data updated 2026-08-25
- $61M
- Total assets Below avg plan size
- 1,934
- Participants Near avg headcount
- 90th
- Percentile by assets National rank
- $31,349
- Avg per participant Low balance/head
Official DOL plan name: Local 863 Ibt Retirement Savings Plan · Sponsored by Board of Trustees, Ibt Local 863 · New Jersey · Finance & Insurance
$61M in assets, 1,934 participants
Board of Trustees, Ibt Local 863's Local 863 Ibt Retirement Savings Plan reported $61M in total assets and 1,934 participants in its 2022 DOL Form 5500 filing, ranking in the 90th 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.
- #7,684 in Finance & Insurance (9,261 peers)
Coverage in New Jersey
Local 863 Ibt Retirement Savings Plan covers 1,934 participants in New Jersey, 2.3x the typical New Jersey plan (state average ~844 per filing). Assets: $61M.
- #7,684
- in Finance & Insurance (9,261 peers)
- -13.5%
- assets change YoY
- 0.6×
- vs typical plan assets (national mean)
The plan reported a net loss of $9M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Local 863 Ibt Retirement Savings Plan's outsized position by total assets
Local 863 Ibt Retirement Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$60,629,189 Top 10% higher than 90% 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
Local 863 Ibt Retirement Savings 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. Local 863 Ibt Retirement Savings Plan lands in the large band (1,934 participants).
DOL schedule card
Filing strip 208919589 · Board of Trustees, Ibt Local 863 PY 2022 · Profit Sharing
Local 863 Ibt Retirement Savings Plan · $61M · 1,934 · 90th
- EOY $61M
- EOY 1,934
- EOY 90th
- EOY Profit Sharing
- EOY near United Regional Health Care System 401(a) Retirement Savings Plan
- EOY ind #7684
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 Finance & Insurance retirement plans → · Plans in New Jersey →
Local 863 Ibt Retirement Savings Plan in the asset neighbourhood
New Jersey filing particulars
| Total Assets (Beginning of Year) | $70M |
|---|---|
| Net Assets (End of Year) | $60M |
| Net Income | -$9M |
| Employer EIN | 208919589 |
| Plan Effective Date | 2006-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees, Ibt Local 863)
Sponsor-wide plan assets over time
All Board of Trustees, Ibt Local 863 plans reported in each filing year
- Latest sponsor-wide plan assets
- $95M 56.088050262390944% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 1,934 | $61M |
| 2023 | 1 | 2,158 | $75M |
| 2024 | 1 | 2,258 | $95M |
Nearby Profit Sharing Plans in New Jersey
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
- 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
Local 863 Ibt Retirement Savings Plan's out-of-state Profit Sharing peers by assets and headcount
Outside New Jersey, the nearest Profit Sharing by assets is United Regional Health Care System 401(a) Retirement Savings Plan in TX ($61M); by covered participants it is Asbestos Workers L 24 Def Contrib Pen Plan in MD (1,941 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($61M here).
- United Regional Health Care System 401(a) Retirement Savings Plan (TX) $61M · 2,150
- Sensience Retirement and Savings Plan (OH) $61M · N/A
- Cushing Terrell 401(k) Retirement Plan (MT) $61M · 424
- Baker & Taylor Retirement Savings Plan (NC) $60M · 1,358
Similar participant headcount
Nearest other-state filings by covered participants (1,934 participants); asset peers above are excluded.
- Asbestos Workers L 24 Def Contrib Pen Plan (MD) 1,941 · 7 off
- Cic Defined Contribution Retirement Plan (WA) 1,921 · 13 off
- The Tjx Companies, Inc. General Savings/Profit Sharing Plan (P. R. ) (MA) 1,902 · 32 off
- Epic Charter Schools 403(b) Plan (OK) 1,883 · 51 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.