Profit Sharing · DOL Form 5500 · 2022

IBEW Local No. 229 Annuity Fund Profit Sharing Plan

Data updated 2026-08-25

$43M
Total assets Below avg plan size
219
Participants Below avg headcount
87th
Percentile by assets National rank
$194,691
Avg per participant Above avg balance/head
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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.

  • #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.

#8,436
in Construction (9,927 peers)
+3.5%
assets growth YoY
0.4×
vs typical plan assets (national mean)

IBEW Local No. 229 Annuity Fund's outsized position by total assets

IBEW Local No. 229 Annuity Fund vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$42,637,362 Top 13% higher than 87% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

IBEW Local No. 229 Annuity Fund among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. IBEW Local No. 229 Annuity Fund sits mid-pack in the medium band (219 participants).

Published 5500 schedule card

Filing strip 251624277 · IBEW Local No. 229 Annuity Fund PY 2022 · Profit Sharing

IBEW Local No. 229 Annuity Fund · $43M · 219 · 87th

  • ASSETS $43M
  • PCT 219
  • EIN 87th
  • RANK Profit Sharing
  • PHOTO near I.B.E.W. Local 1253 Retirement Plan
  • IND ind #8436

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 Construction retirement plans → · Plans in Virginia →

IBEW Local No. 229 Annuity Fund in the asset neighbourhood

Pacific Institute for Research and Evaluation Inc. Profit Sharing Plan and TrustPacific Institute for Resear…$43MAcld, Inc. 401(k) Retirement PlanAcld, Inc. 401(k) Retirement…$43MIBEW Local No. 229 Annuity FundIBEW Local No. 229 Annuity F…$43MI.B.E.W. Local 1253 Retirement PlanI.B.E.W. Local 1253 Retireme…$43MSheet Metal Workers Local 44 Annuity FundSheet Metal Workers Local 44…$43M
End-of-year total assets ($M) among IBEW Local No. 229 Annuity Fund and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2022.

Virginia filing particulars

Total Assets (Beginning of Year)$41M
Net Assets (End of Year)$43M
Net Income$1M
Employer EIN251624277
Plan Effective Date1989-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (IBEW Local No. 229 Annuity Fund)

Sponsor-wide plan assets over time

All IBEW Local No. 229 Annuity Fund plans reported in each filing year

Latest sponsor-wide plan assets
$56M 30.946891132711258% vs 2022
2024 filing year
$40M$45M$50M$55M$60M 202220232024 $42.6M $55.8M ▲ +30.9%
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 Scatter plot of 6 data points. -20000200040006000800010000 02004006008001000 Total assets ($M) Participants IBEW Local No. 229 Annuity Fund, Total assets ($M): 42.637362 · Participants: 219IBEW Local No. 229 Annuity FundSection 403(b) Defined Contribution Plan for Tax-Exempt Colleges and Universities in Virginia, Total assets ($M): 888.985056 · Participants: 4858Section 403(b) Defined Contribution Plan for Tax-Exempt Colleges and Universities in VirginiaCarpenter Co. Profit-Sharing Plan, Total assets ($M): 263.451567 · Participants: 2096Carpenter Co. Profit-Sharing PlanAmerican Institutes for Research Tax Deferred Annuity Plan, Total assets ($M): 224.68049 · Participants: 1097American Institutes for Research Tax Deferred Annuity PlanAnalytic Services Inc. Defined Contribution Retirement Plan, Total assets ($M): 177.636453 · Participants: 343Analytic Services Inc. Defined Contribution Retirement PlanSmart National Supplemental Savings Plan, Total assets ($M): 118.426043 · Participants: 8759Smart National Supplemental Savings Plan
IBEW Local No. 229 Annuity Fund vs. nearby Profit Sharing plans in Virginia, assets vs. participants
Compare IBEW Local No. 229 Annuity Fund side-by-side with 3 peers →

IBEW Local No. 229 Annuity Fund's out-of-state Profit Sharing peers by assets and headcount

Outside Virginia, the nearest Profit Sharing by assets is I.B.E.W. Local 1253 Retirement Plan in ME ($43M); by covered participants it is Rivermead 403(b) Plan in NH (219 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (219 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did IBEW Local No. 229 Annuity Fund assets move in 2022? ▼
IBEW Local No. 229 Annuity Fund edged up modestly - up 3.5% during 2022, from $41M to $43M. Reported net income was $1M.
How have IBEW Local No. 229 Annuity Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), IBEW Local No. 229 Annuity Fund's sponsor-wide assets grew 30.9%, from $43M to $56M.
Where does IBEW Local No. 229 Annuity Fund rank by assets among Form 5500 filers? ▼
IBEW Local No. 229 Annuity Fund ranks in the 87th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which Profit Sharing plans are similar in size to IBEW Local No. 229 Annuity Fund? ▼
Among Profit Sharing plans in other states, the closest by assets is I.B.E.W. Local 1253 Retirement Plan in ME ($43M, 445 participants).
Which Profit Sharing plans cover a similar participant headcount to IBEW Local No. 229 Annuity Fund? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Rivermead 403(b) Plan in NH (219 participants, $7M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 251624277.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.