Money Purchase · DOL Form 5500 · 2022
IBEW Local 241 Money Purchase Plan
Data updated 2026-08-11
- $30M
- Total assets
- 192
- Participants
- 83rd
- Percentile by assets
- $157,879
- Avg per participant
Official DOL plan name: IBEW Local #241 Annuity Plan · Sponsored by IBEW Local 241 · New York · Construction
$30M in assets, 192 participants
IBEW Local 241's IBEW Local #241 Annuity Plan reported $30M in total assets and 192 participants in its 2022 DOL Form 5500 filing, ranking in the 83rd 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.
- 83rd percentile by assets (of 139,126 plans)
- #8,136 in Construction (9,927 peers)
Coverage in New York
IBEW Local #241 Annuity Plan covers 192 participants in New York, about 24% of the average New York filer (state average ~798 per filing). Assets: $30M.
- $30M
- total plan assets (2022 EOY)
- 192
- covered participants
- 83rd
- percentile by assets (of 139,126 plans)
- $157,879
- avg assets per participant
Participants vs New York filers
In New York, the average filing covers about 798 participants across 9,061 plans. IBEW Local #241 Annuity Plan reports 192 participants - about 24% of that state average ($30M EOY assets).
New York filing particulars
| Total Assets (Beginning of Year) | $30M |
|---|---|
| Net Assets (End of Year) | $30M |
| Net Income | $145K |
| Employer EIN | 166118689 |
| Plan Effective Date | 1983-12-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (IBEW Local 241)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 305 | $54M |
| 2023 | 2 | 314 | $59M |
| 2024 | 2 | 298 | $63M |
Nearby Money Purchase Plans in New York
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
IBEW Local #241 Annuity Plan vs. nearby Money Purchase plans in New York, assets vs. participants
- Tiaa Retirement Plan $4.5B · 11,825
- Young Men's Christian Association Retirement Fund Retirement Plan $3.6B · 42,922
- McKinsey & Company, Inc. (Mppp) Money Purchase Pension Plan $1.7B · 11,845
- Brookhaven Science Associates, LLC Retirement Plan $1.3B · 2,436
- Iron Workers Locals 40,361, & 417 Annuity Fund $1.1B · 5,068
Similar-Sized Money Purchase Plans Nationally
Money Purchase plans in other states closest to IBEW Local #241 Annuity Plan by total assets, not by location.
Frequently Asked Questions
How did IBEW Local #241 Annuity Plan assets move in 2022? ▼
How have IBEW Local 241 plan assets changed over time? ▼
Where does IBEW Local #241 Annuity Plan rank by assets among Form 5500 filers? ▼
Which Money Purchase plans are similar in size to IBEW Local #241 Annuity Plan? ▼
Next read for IBEW Local #241 Annuity Plan
Filing takeaways
Ways to act on IBEW Local #241 Annuity Plan's numbers.
- By total assets, IBEW Local #241 Annuity Plan ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Money Purchase plans in New York. Compare plans
- IBEW Local 241's sponsor-wide assets have grown 18.3% since 2022 across 3 plan years on file. More Construction plans