Profit Sharing · DOL Form 5500 · 2022
I.B.E.W. Local 246 Retirement Plan Board of Trustees Profit Sharing Plan
Data updated 2026-08-11
- $27M
- Total assets
- 597
- Participants
- 82nd
- Percentile by assets
- $45,677
- Avg per participant
Official DOL plan name: I.B.E.W. Local 246 Retirement Plan · Sponsored by I.B.E.W. Local 246 Retirement Plan Board of Trustees · Ohio · Construction
$27M in assets, 597 participants
I.B.E.W. Local 246 Retirement Plan Board of Trustees's I.B.E.W. Local 246 Retirement Plan reported $27M in total assets and 597 participants in its 2022 DOL Form 5500 filing, ranking in the 82nd 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.
- 82nd percentile by assets (of 139,126 plans)
- #8,014 in Construction (9,927 peers)
Where I.B.E.W. Local 246 Retirement Plan sits by assets
I.B.E.W. Local 246 Retirement Plan sits in the top quartile of all filed plans by assets, $27M for 597 participants (~$45,677/participant), down 7.9% in 2022.
- $27M
- total plan assets (2022 EOY)
- 597
- covered participants
- 82nd
- percentile by assets (of 139,126 plans)
- $45,677
- avg assets per participant
The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
I.B.E.W. Local 246 Retirement Plan vs the 2022 asset distribution
By assets, I.B.E.W. Local 246 Retirement Plan outranks 82% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.3x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $30M |
|---|---|
| Net Assets (End of Year) | $27M |
| Net Income | -$2M |
| Employer EIN | 341302212 |
| Plan Effective Date | 1979-12-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (I.B.E.W. Local 246 Retirement Plan Board of Trustees)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 597 | $27M |
| 2023 | 1 | 652 | $28M |
| 2024 | 1 | 297 | $29M |
Nearby Profit Sharing Plans in Ohio
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
I.B.E.W. Local 246 Retirement Plan 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 I.B.E.W. Local 246 Retirement Plan by total assets, not by location.
Frequently Asked Questions
How did I.B.E.W. Local 246 Retirement Plan assets move in 2022? ▼
How have I.B.E.W. Local 246 Retirement Plan Board of Trustees plan assets changed over time? ▼
Where does I.B.E.W. Local 246 Retirement Plan rank by assets among Form 5500 filers? ▼
Which Profit Sharing plans are similar in size to I.B.E.W. Local 246 Retirement Plan? ▼
Next read for I.B.E.W. Local 246 Retirement Plan
Scale reading
Ways to act on I.B.E.W. Local 246 Retirement Plan's numbers.
- By total assets, I.B.E.W. Local 246 Retirement Plan 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 Ohio. Compare plans
- I.B.E.W. Local 246 Retirement Plan Board of Trustees's sponsor-wide assets have grown 7.2% since 2022 across 3 plan years on file. More Construction plans