Profit Sharing · DOL Form 5500 · 2022
Board of Trustees of IBEW Local 688 Retirement Fund Profit Sharing Plan
Data updated 2026-08-11
- $15M
- Total assets
- 188
- Participants
- 72nd
- Percentile by assets
- $77,532
- Avg per participant
Official DOL plan name: IBEW Local 688 Retirement Fund · Sponsored by Board of Trustees of IBEW Local 688 Retirement Fund · Ohio · Construction
$15M in assets, 188 participants
Board of Trustees of IBEW Local 688 Retirement Fund's IBEW Local 688 Retirement Fund reported $15M in total assets and 188 participants in its 2022 DOL Form 5500 filing, ranking in the 72nd 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.
- 72nd percentile by assets (of 139,126 plans)
- #7,120 in Construction (9,927 peers)
Coverage in Ohio
IBEW Local 688 Retirement Fund covers 188 participants in Ohio, about 25% of the average Ohio filer (state average ~765 per filing). Assets: $15M.
- $15M
- total plan assets (2022 EOY)
- 188
- covered participants
- 72nd
- percentile by assets (of 139,126 plans)
- $77,532
- avg assets per participant
Participants vs Ohio filers
In Ohio, the average filing covers about 765 participants across 5,089 plans. IBEW Local 688 Retirement Fund reports 188 participants - about 25% of that state average ($15M EOY assets).
Ohio filing particulars
| Total Assets (Beginning of Year) | $14M |
|---|---|
| Net Assets (End of Year) | $15M |
| Net Income | $521K |
| Employer EIN | 341536966 |
| Plan Effective Date | 1985-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees of IBEW Local 688 Retirement Fund)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 188 | $15M |
| 2023 | 1 | 183 | $17M |
| 2024 | 1 | 192 | $19M |
Nearby Profit Sharing Plans in Ohio
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
IBEW Local 688 Retirement Fund vs. nearby Profit Sharing plans in Ohio, assets vs. participants
- Cleveland Clinic Investment Pension Plan $1.2B · 46,417
- The Employer Retirement Savings Plan- Premier Health Partners $202M · 11,973
- White Castle Profit Sharing Plan $172M · 4,241
- Holzer Health System 401a Profit Sharing Plan $166M · 1,876
- Southern Ohio Medical Center Retirement Savings Program $136M · 3,162
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to IBEW Local 688 Retirement Fund by total assets, not by location.
Frequently Asked Questions
How did IBEW Local 688 Retirement Fund assets move in 2022? ▼
How have Board of Trustees of IBEW Local 688 Retirement Fund plan assets changed over time? ▼
Which Profit Sharing plans are similar in size to IBEW Local 688 Retirement Fund? ▼
Next read for IBEW Local 688 Retirement Fund
Filing takeaways
Ways to act on IBEW Local 688 Retirement Fund's numbers.
- By total assets, IBEW Local 688 Retirement Fund ranks above the median plan by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in Ohio. Compare plans
- Board of Trustees of IBEW Local 688 Retirement Fund's sponsor-wide assets have grown 28.7% since 2022 across 3 plan years on file. More Construction plans