Profit Sharing · DOL Form 5500 · 2022

IBEW Local Union 481 Defined Contribution Profit Sharing Plan

Data updated 2026-08-11

$246M
Total assets
2,730
Participants
96th
Percentile by assets
$90,229
Avg per participant
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Official DOL plan name: I.B.E.W. Local Union 481 Defined Contribution Plan · Sponsored by IBEW Local Union 481 Defined Contribution · Indiana · Construction

$246M in assets, 2,730 participants

IBEW Local Union 481 Defined Contribution's I.B.E.W. Local Union 481 Defined Contribution Plan reported $246M in total assets and 2,730 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 139,126 plans)
  • #9,491 in Construction (9,927 peers)

Coverage in Indiana

I.B.E.W. Local Union 481 Defined Contribution Plan covers 2,730 participants in Indiana, 5.0x the typical Indiana plan (state average ~541 per filing). Assets: $246M.

$246M
total plan assets (2022 EOY)
2,730
covered participants
96th
percentile by assets (of 139,126 plans)
$90,229
avg assets per participant
State
Industry

Participants vs Indiana filers

In Indiana, the average filing covers about 541 participants across 2,302 plans. I.B.E.W. Local Union 481 Defined Contribution Plan reports 2,730 participants - 5.0x that state average ($246M EOY assets).

Indiana filing particulars

Total Assets (Beginning of Year)$234M
Net Assets (End of Year)$245M
Net Income$12M
Employer EIN351501496
Plan Effective Date1980-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (IBEW Local Union 481 Defined Contribution)

$240M$260M$280M$300M$320M 202220232024 $246M $296M ▲ +20.1%
Total plan assets by year, all IBEW Local Union 481 Defined Contribution plans on file
Year Plans Participants Total Assets
2022 1 2,730 $246M
2023 1 2,820 $268M
2024 1 2,994 $296M

Nearby Profit Sharing Plans in Indiana

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

I.B.E.W. Local Union 481 Defined Contribution Plan vs. nearby Profit Sharing plans in Indiana, assets vs. participants

I.B.E.W. Local Union 481 Defined Contribution Plan vs. nearby Profit Sharing plans in Indiana, assets vs. participants Scatter plot of 6 data points. 0200040006000800010000 00.511.522.5 Total assets ($B) Participants I.B.E.W. Local Union…University of Notre …Indiana State Counci…Cfni Retirement PlanBricklayers of India…International Union …
I.B.E.W. Local Union 481 Defined Contribution Plan vs. nearby Profit Sharing plans in Indiana, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to I.B.E.W. Local Union 481 Defined Contribution Plan by total assets, not by location.

Frequently Asked Questions

How did I.B.E.W. Local Union 481 Defined Contribution Plan assets move in 2022?
I.B.E.W. Local Union 481 Defined Contribution Plan grew at a solid clip - up 5.1% during 2022, from $234M to $246M. Reported net income was $12M.
How have IBEW Local Union 481 Defined Contribution plan assets changed over time?
Across 3 plan years on file (2022-2024), IBEW Local Union 481 Defined Contribution's sponsor-wide assets grew 20.0%, from $246M to $296M.
Where does I.B.E.W. Local Union 481 Defined Contribution Plan rank by assets among Form 5500 filers?
I.B.E.W. Local Union 481 Defined Contribution Plan ranks in the 96th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which Profit Sharing plans are similar in size to I.B.E.W. Local Union 481 Defined Contribution Plan?
Among Profit Sharing plans in other states, the closest by assets is Operating Engineers Local 66 Annuity and Savings Fund in PA ($246M, 9,879 participants).

Next read for I.B.E.W. Local Union 481 Defined Contrib…

Filing takeaways

Ways to act on I.B.E.W. Local Union 481 Defined Contribution Plan's numbers.

  • By total assets, I.B.E.W. Local Union 481 Defined Contribution Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Profit Sharing plans in Indiana. Compare plans
  • IBEW Local Union 481 Defined Contribution's sponsor-wide assets have grown 20.0% since 2022 across 3 plan years on file. More Construction plans