Money Purchase · DOL Form 5500 · 2022

Trustees of Local 400 IBEW Joint Annuity Fund Money Purchase Plan

Data updated 2026-08-06

$250M
Total assets
677
Participants
96th
Percentile by assets
$369,135
Avg per participant
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Official DOL plan name: Local Union 400 IBEW Joint Annuity Plan · Sponsored by Trustees of Local 400 IBEW Joint Annuity Fund · New Jersey · Construction

$250M in assets, 677 participants

Trustees of Local 400 IBEW Joint Annuity Fund's Local Union 400 IBEW Joint Annuity Plan reported $250M in total assets and 677 participants in its 2022 DOL Form 5500 filing, ranking in the 96th 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.

  • 96th percentile by assets (of 139,258 plans)
  • #9,508 in Construction (9,938 peers)

Where Local Union 400 IBEW Joint Annuity Plan sits by assets

Local Union 400 IBEW Joint Annuity Plan sits in the top 5% of all filed plans by assets, $250M for 677 participants (~$369,135/participant), down 4.6% in 2022.

$250M
total plan assets (2022 EOY)
677
covered participants
96th
percentile by assets (of 139,258 plans)
$369,135
avg assets per participant

The plan reported a net loss of $12M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Local Union 400 IBEW Joint Annuity Plan vs the 2022 asset distribution

By assets, Local Union 400 IBEW Joint Annuity Plan outranks 96% of the 139,258 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 2.5x the national average plan size of $100M (730 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$262M
Net Assets (End of Year)$250M
Net Income-$12M
Employer EIN222160644
Plan Effective Date1976-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Trustees of Local 400 IBEW Joint Annuity Fund)

$240M$250M$260M$270M$280M 202220232024 $250M $276M ▲ +10.5%
Total plan assets by year, all Trustees of Local 400 IBEW Joint Annuity Fund plans on file
Year Plans Participants Total Assets
2022 1 677 $250M
2023 1 669 $273M
2024 1 705 $276M

Nearby Money Purchase Plans in New Jersey

Peer Money Purchase plans, same state, same plan type, ranked by total assets.

Local Union 400 IBEW Joint Annuity Plan vs. nearby Money Purchase plans in New Jersey, assets vs. participants

Local Union 400 IBEW Joint Annuity Plan vs. nearby Money Purchase plans in New Jersey, assets vs. participants Scatter plot of 6 data points. 0200040006000 2004006008001000 Total assets ($M) Participants Local Union 400 IBEW…Local 68 Engineers U…Nysa-Ila Money Purch…Educational Testing …Ironworkers Local 11…Plumbers & Pipefitte…
Local Union 400 IBEW Joint Annuity Plan vs. nearby Money Purchase plans in New Jersey, assets vs. participants

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to Local Union 400 IBEW Joint Annuity Plan by total assets, not by location.

Frequently Asked Questions

How did Local Union 400 IBEW Joint Annuity Plan assets move in 2022?
Local Union 400 IBEW Joint Annuity Plan edged down modestly - down 4.6% during 2022, from $262M to $250M. Reported net income was -$12M.
How have Trustees of Local 400 IBEW Joint Annuity Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Trustees of Local 400 IBEW Joint Annuity Fund's sponsor-wide assets grew 10.5%, from $250M to $276M.
Where does Local Union 400 IBEW Joint Annuity Plan rank by assets among Form 5500 filers?
Local Union 400 IBEW Joint Annuity Plan ranks in the 96th percentile by end-of-year assets among 139,258 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which Money Purchase plans are similar in size to Local Union 400 IBEW Joint Annuity Plan?
Among Money Purchase plans in other states, the closest by assets is Laborers Local 1298 of Nassau & Suffolk Counties Annuity Fund in NY ($250M, 1,488 participants).

Next read for Local Union 400 IBEW Joint Annuity Plan

Scale reading

Ways to act on Local Union 400 IBEW Joint Annuity Plan's numbers.

  • By total assets, Local Union 400 IBEW Joint Annuity Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Money Purchase plans in New Jersey. Compare plans
  • Trustees of Local 400 IBEW Joint Annuity Fund's sponsor-wide assets have grown 10.5% since 2022 across 3 plan years on file. More Construction plans