Money Purchase · DOL Form 5500 · 2023

Trustees of IBEW Local 728 Annuity Fund Money Purchase Plan

Data updated 2026-08-25

$88M
Total assets Below avg plan size
1,712
Participants Near avg headcount
90th
Percentile by assets National rank
$51,379
Avg per participant Low balance/head
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Official DOL plan name: I.B.E.W. Local Union No. 728 Annuity Fund · Sponsored by Trustees of IBEW Local 728 Annuity Fund · Florida · Construction

$88M in assets, 1,712 participants

Trustees of IBEW Local 728 Annuity Fund's I.B.E.W. Local Union No. 728 Annuity Fund reported $88M in total assets and 1,712 participants in its 2023 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.

  • #8,002 in Construction (9,030 peers)

Coverage in Florida

I.B.E.W. Local Union No. 728 Annuity Fund covers 1,712 participants in Florida, 2.7x the typical Florida plan (state average ~628 per filing). Assets: $88M.

#8,002
in Construction (9,030 peers)
+13.5%
assets growth YoY
0.9×
vs typical plan assets (national mean)

I.B.E.W. Local Union No. 728 Annuity Fund's outsized position by total assets

I.B.E.W. Local Union No. 728 Annuity Fund vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$87,961,465 Top 10% higher than 90% of 127,068 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 2023

I.B.E.W. Local Union No. 728 Annuity Fund's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. I.B.E.W. Local Union No. 728 Annuity Fund lands in the large band (1,712 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • I.B.E.W. Local Union No. 728 Annuity Fund reported net income rose from -$15M in the plan year 2022 filing to $10M in the plan year 2023 filing.
  • I.B.E.W. Local Union No. 728 Annuity Fund end-of-year assets rose from $78M in the plan year 2022 filing to $88M in the plan year 2023 filing.
  • I.B.E.W. Local Union No. 728 Annuity Fund reported participants rose from 1,699 in the plan year 2022 filing to 1,712 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 592794330 · Trustees of IBEW Local 728 Annuity Fund PY 2023 · Money Purchase

I.B.E.W. Local Union No. 728 Annuity Fund · $88M · 1,712 · 90th

  • IND $88M
  • EOY 1,712
  • 5500 90th
  • ASSETS Money Purchase
  • PCT near Hays Medical Center Employee's Pension Plan
  • EIN ind #8002

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 Florida →

I.B.E.W. Local Union No. 728 Annuity Fund in the asset neighbourhood

International Brotherhood of Electrical Workers Seventh District Retirement Benefit and Trust FundInternational Brotherhood of…$89MRetirement Plan for Employees of Whitehead Insti- Tute for Biomedical ResearchRetirement Plan for Employee…$89MI.B.E.W. Local Union No. 728 Annuity FundI.B.E.W. Local Union No. 728…$88MHays Medical Center Employee's Pension PlanHays Medical Center Employee…$88MNew England Life Insurance Company Agents' Retirement Plan and TrustNew England Life Insurance C…$88M
End-of-year total assets ($M) among I.B.E.W. Local Union No. 728 Annuity Fund and nearest nationwide Money Purchase peers. Source: DOL Form 5500 plan year 2023.

Florida filing particulars

Total Assets (Beginning of Year)$78M
Net Assets (End of Year)$88M
Net Income$10M
Employer EIN592794330
Plan Effective Date1982-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Trustees of IBEW Local 728 Annuity Fund)

Sponsor-wide plan assets over time

All Trustees of IBEW Local 728 Annuity Fund plans reported in each filing year

Latest sponsor-wide plan assets
$93M 20.529742808991426% vs 2022
2024 filing year
$75M$80M$85M$90M$95M$100M 202220232024 $77.5M $93.4M ▲ +20.5%
Year Plans Participants Total Assets
2022 1 1,699 $78M
2023 1 1,712 $88M
2024 1 1,745 $93M

Nearby Money Purchase Plans in Florida

Peer Money Purchase plans, same state, same plan type, ranked by total assets.

I.B.E.W. Local Union No. 728 Annuity Fund vs. nearby Money Purchase plans in Florida, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 0100200300400500 Total assets ($M) Participants I.B.E.W. Local Union No. 728 Annuity Fund, Total assets ($M): 87.961465 · Participants: 1712I.B.E.W. Local Union No. 728 Annuity FundElliott Money Purchase Pension Plan, Total assets ($M): 389.469568 · Participants: 448Elliott Money Purchase Pension PlanSouthern States Savings & Retirement Plan Trust, Total assets ($M): 178.216433 · Participants: 13258Southern States Savings & Retirement Plan TrustNECA-IBEW 177 Pension Fund, Total assets ($M): 129.372481 · Participants: 1443NECA-IBEW 177 Pension FundLifelink Foundation, Inc. Retirement Plan, Total assets ($M): 95.257903 · Participants: 476Lifelink Foundation, Inc. Retirement PlanPine Crest Preparatory School, Inc. Money Purchase Pension Plan, Total assets ($M): 66.469354 · Participants: 378Pine Crest Preparatory School, Inc. Money Purchase Pension Plan
I.B.E.W. Local Union No. 728 Annuity Fund vs. nearby Money Purchase plans in Florida, assets vs. participants
Compare I.B.E.W. Local Union No. 728 Annuity Fund side-by-side with 3 peers →

I.B.E.W. Local Union No. 728 Annuity Fund's out-of-state Money Purchase peers by assets and headcount

Outside Florida, the nearest Money Purchase by assets is Hays Medical Center Employee's Pension Plan in KS ($88M); by covered participants it is IBEW Local 595 Money Purchase Pension Plan in CA (1,709 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,712 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did I.B.E.W. Local Union No. 728 Annuity Fund assets move in 2023? ▼
I.B.E.W. Local Union No. 728 Annuity Fund grew at a solid clip - up 13.5% during 2023, from $78M to $88M. Reported net income was $10M.
How have Trustees of IBEW Local 728 Annuity Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Trustees of IBEW Local 728 Annuity Fund's sponsor-wide assets grew 20.5%, from $78M to $93M.
Where does I.B.E.W. Local Union No. 728 Annuity Fund rank by assets among Form 5500 filers? ▼
I.B.E.W. Local Union No. 728 Annuity Fund ranks in the 90th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which Money Purchase plans are similar in size to I.B.E.W. Local Union No. 728 Annuity Fund? ▼
Among Money Purchase plans in other states, the closest by assets is Hays Medical Center Employee's Pension Plan in KS ($88M, 1,239 participants).
Which Money Purchase plans cover a similar participant headcount to I.B.E.W. Local Union No. 728 Annuity Fund? ▼
Among Money Purchase plans in other states, the closest by covered participants is IBEW Local 595 Money Purchase Pension Plan in CA (1,709 participants, $524M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 592794330.

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.