401(k) · DOL Form 5500 · 2022

International Brotherhood of Elec Workers Union Local 7 401(k) Plan

Data updated 2026-08-25

$66M
Total assets Below avg plan size
790
Participants Near avg headcount
90th
Percentile by assets National rank
$83,548
Avg per participant Below avg balance/head
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Official DOL plan name: The International Brotherhood of Electrical Workers Local 7 Annuity Plan · Sponsored by International Brotherhood of Elec Workers Union Local 7 · Massachusetts · Construction

$66M in assets, 790 participants

International Brotherhood of Elec Workers Union Local 7's The International Brotherhood of Electrical Workers Local 7 Annuity Plan reported $66M in total assets and 790 participants in its 2022 DOL Form 5500 filing, ranking in the 90th 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.

  • #8,789 in Construction (9,927 peers)

Where The International Brotherhood of Electrical Workers Local 7 Annuity Plan sits by assets

The International Brotherhood of Electrical Workers Local 7 Annuity Plan sits in the top 10% of all filed plans by assets, $66M for 790 participants (~$83,548/participant), up 0.4% in 2022.

#8,789
in Construction (9,927 peers)
+0.4%
assets growth YoY
0.7×
vs typical plan assets (national mean)

The International Brotherhood of Electrical Workers Local 7 Annuity Plan's outsized position by total assets

The International Brotherhood of Electrical Workers Local 7 Annuity Plan vs every filed plan by assets

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

$66,002,906 Top 10% higher than 90% 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

The International Brotherhood of Electrical Workers Local 7 Annuity Plan 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. The International Brotherhood of Electrical Workers Local 7 Annuity Plan sits mid-pack in the medium band (790 participants).

EBSA filing schedule strip

Filing strip 042733497 · International Brotherhood of Elec Workers Union Local 7 PY 2022 · 401(k)

The International Brotherhood of Electrical Workers Local 7 Annuity Plan · $66M · 790 · 90th

  • SCH $66M
  • EBSA 790
  • PART 90th
  • TYPE 401(k)
  • NET near Ceco Environmental 401(k) Savings and Retirement Plan
  • BOOK ind #8789

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 Massachusetts →

The International Brotherhood of Electrical Workers Local 7 Annuity Plan in the asset neighbourhood

Delmar Gardens Enterprises, Inc. 401(k) Profit Sharing PlanDelmar Gardens Enterprises, …$66MVigor Industrial LLC Savings PlanVigor Industrial LLC Savings…$66MCeco Environmental 401(k) Savings and Retirement PlanCeco Environmental 401(k) Sa…$66MThe International Brotherhood of Electrical Workers Local 7 Annuity PlanThe International Brotherhoo…$66MBeyondtrust Corporation 401(k) PlanBeyondtrust Corporation 401(…$66M
End-of-year total assets ($M) among The International Brotherhood of Electrical Workers Local 7 Annuity Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$66M
Net Assets (End of Year)$66M
Net Income$255K
Employer EIN042733497
Plan Effective Date1980-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (International Brotherhood of Elec Workers Union Local 7)

Sponsor-wide plan assets over time

All International Brotherhood of Elec Workers Union Local 7 plans reported in each filing year

Latest sponsor-wide plan assets
$78M 18.432027826168746% vs 2022
2024 filing year
$60M$65M$70M$75M$80M 202220232024 $66M $78.2M ▲ +18.4%
Year Plans Participants Total Assets
2022 1 790 $66M
2023 1 803 $73M
2024 1 821 $78M

Nearby 401(k) Plans in Massachusetts

Peer 401(k) plans, same state, same plan type, ranked by total assets.

The International Brotherhood of Electrical Workers Local 7 Annuity Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -100102030 Total assets ($B) Participants The International Brotherhood of Electrical Workers Local 7 Annuity Plan, Total assets ($B): 0.066002906 · Participants: 790The International Brotherhood of Electrical Workers Local 7 Annuity PlanFidelity Retirement Savings Plan, Total assets ($B): 22.953563448 · Participants: 52036Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 8.79802945 · Participants: 32843Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 5.810585521 · Participants: 13690Massachusetts Institute of Technology Supplemental 401(k) PlanPhilips North America 401(k) Plan, Total assets ($B): 5.180251859 · Participants: 19750Philips North America 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 4.853752256 · Participants: 18359Boston Scientific Corporation 401(k) Retirement Savings Plan
The International Brotherhood of Electrical Workers Local 7 Annuity Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants

The International Brotherhood of Electrical Workers Local 7 Annuity Plan's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is Ceco Environmental 401(k) Savings and Retirement Plan in TX ($66M); by covered participants it is Okland 401(k) Profit Sharing Plan in UT (790 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (790 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 The International Brotherhood of Electrical Workers Local 7 Annuity Plan assets move in 2022?
The International Brotherhood of Electrical Workers Local 7 Annuity Plan held essentially flat - up 0.4% during 2022, from $66M to $66M. Reported net income was $255K.
How have International Brotherhood of Elec Workers Union Local 7 plan assets changed over time?
Across 3 plan years on file (2022-2024), International Brotherhood of Elec Workers Union Local 7's sponsor-wide assets grew 18.4%, from $66M to $78M.
Where does The International Brotherhood of Electrical Workers Local 7 Annuity Plan rank by assets among Form 5500 filers?
The International Brotherhood of Electrical Workers Local 7 Annuity Plan ranks in the 90th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to The International Brotherhood of Electrical Workers Local 7 Annuity Plan?
Among 401(k) plans in other states, the closest by assets is Ceco Environmental 401(k) Savings and Retirement Plan in TX ($66M, 377 participants).
Which 401(k) plans cover a similar participant headcount to The International Brotherhood of Electrical Workers Local 7 Annuity Plan?
Among 401(k) plans in other states, the closest by covered participants is Okland 401(k) Profit Sharing Plan in UT (790 participants, $101M in assets).