Profit Sharing · DOL Form 5500 · 2022
IBEW Local No. 229 Annuity Fund Profit Sharing Plan
Data updated 2026-08-11
- $43M
- Total assets
- 219
- Participants
- 87th
- Percentile by assets
- $194,691
- Avg per participant
Official DOL plan name: IBEW Local No. 229 Annuity Fund · Sponsored by IBEW Local No. 229 Annuity Fund · Virginia · Construction
$43M in assets, 219 participants
IBEW Local No. 229 Annuity Fund's IBEW Local No. 229 Annuity Fund reported $43M in total assets and 219 participants in its 2022 DOL Form 5500 filing, ranking in the 87th 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.
- 87th percentile by assets (of 139,126 plans)
- #8,436 in Construction (9,927 peers)
Coverage in Virginia
IBEW Local No. 229 Annuity Fund covers 219 participants in Virginia, about 28% of the average Virginia filer (state average ~782 per filing). Assets: $43M.
- $43M
- total plan assets (2022 EOY)
- 219
- covered participants
- 87th
- percentile by assets (of 139,126 plans)
- $194,691
- avg assets per participant
Participants vs Virginia filers
In Virginia, the average filing covers about 782 participants across 3,655 plans. IBEW Local No. 229 Annuity Fund reports 219 participants - about 28% of that state average ($43M EOY assets).
Virginia filing particulars
| Total Assets (Beginning of Year) | $41M |
|---|---|
| Net Assets (End of Year) | $43M |
| Net Income | $1M |
| Employer EIN | 251624277 |
| Plan Effective Date | 1989-06-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (IBEW Local No. 229 Annuity Fund)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 219 | $43M |
| 2023 | 1 | 227 | $51M |
| 2024 | 1 | 238 | $56M |
Nearby Profit Sharing Plans in Virginia
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
IBEW Local No. 229 Annuity Fund vs. nearby Profit Sharing plans in Virginia, assets vs. participants
- Section 403(b) Defined Contribution Plan for Tax-Exempt Colleges and Universities in Virginia $889M · 4,858
- Carpenter Co. Profit-Sharing Plan $263M · 2,096
- American Institutes for Research Tax Deferred Annuity Plan $225M · 1,097
- Analytic Services Inc. Defined Contribution Retirement Plan $178M · 343
- Smart National Supplemental Savings Plan $118M · 8,759
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to IBEW Local No. 229 Annuity Fund by total assets, not by location.
Frequently Asked Questions
How did IBEW Local No. 229 Annuity Fund assets move in 2022? ▼
How have IBEW Local No. 229 Annuity Fund plan assets changed over time? ▼
Where does IBEW Local No. 229 Annuity Fund rank by assets among Form 5500 filers? ▼
Which Profit Sharing plans are similar in size to IBEW Local No. 229 Annuity Fund? ▼
Next read for IBEW Local No. 229 Annuity Fund
Filing takeaways
Ways to act on IBEW Local No. 229 Annuity Fund's numbers.
- By total assets, IBEW Local No. 229 Annuity Fund ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in Virginia. Compare plans
- IBEW Local No. 229 Annuity Fund's sponsor-wide assets have grown 30.9% since 2022 across 3 plan years on file. More Construction plans