401(k) · DOL Form 5500 · 2023

IBEW Local 1505 401(k) Plan

Data updated 2026-08-25

$757K
Total assets Small plan by assets
4
Participants Small participant base
21st
Percentile by assets National rank
$189,184
Avg per participant Above avg balance/head
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Official DOL plan name: IBEW Local 1505 401(k) Plan · Sponsored by IBEW Local 1505 · Massachusetts · Other Services

$757K in assets, 4 participants

IBEW Local 1505's IBEW Local 1505 401(k) Plan reported $757K in total assets and 4 participants in its 2023 DOL Form 5500 filing, ranking in the 21st 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.

  • #3,503 in Other Services (7,857 peers)

Other Services sector rank

Within Other Services, IBEW Local 1505 401(k) Plan ranks #3,503 of 7,857 2023 filers by assets (2652% of the sector average)-$757K for 4 participants.

#3,503
in Other Services (7,857 peers)
+49.7%
assets growth YoY

IBEW Local 1505 401(k) Plan among the smaller filed plans by assets

IBEW Local 1505 401(k) Plan vs every filed plan by assets

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

$756,734 21st percentile higher than 21% 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

IBEW Local 1505 401(k) Plan among micro filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. IBEW Local 1505 401(k) Plan is a micro filing (4 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • IBEW Local 1505 401(k) Plan reported net income rose from -$188K in the plan year 2022 filing to $251K in the plan year 2023 filing.
  • IBEW Local 1505 401(k) Plan end-of-year assets rose from $506K in the plan year 2022 filing to $757K in the plan year 2023 filing.
  • IBEW Local 1505 401(k) Plan reported participants fell from 5 in the plan year 2022 filing to 4 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 042031557 · IBEW Local 1505 PY 2023 · 401(k)

IBEW Local 1505 401(k) Plan · $757K · 4 · 21st

  • IND $757K
  • IND 4
  • IND 21st
  • IND 401(k)
  • IND near Meshing, Inc. 401(k) Profit Sharing Plan
  • IND ind #3503

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 Other Services retirement plans → · Plans in Massachusetts →

IBEW Local 1505 401(k) Plan in the asset neighbourhood

IBEW Local 1505 401(k) Plan$757KMeshing, Inc. 401(k) Profit Sharing PlanMeshing, Inc. 401(k) Profit …$757KAlberts Salons, Inc. 401(k) Profit Sharing PlanAlberts Salons, Inc. 401(k) …$756KGuaranteed Transport Service, LLC 401(k) PlanGuaranteed Transport Service…$756KCowboy State Bancorp 401(k) PlanCowboy State Bancorp 401(k) …$756K
End-of-year total assets ($M) among IBEW Local 1505 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Other Services filing particulars

Total Assets (Beginning of Year)$506K
Net Assets (End of Year)$757K
Net Income$251K
Employer EIN042031557
Plan Effective Date1997-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (IBEW Local 1505)

Sponsor-wide plan assets over time

All IBEW Local 1505 plans reported in each filing year

Latest sponsor-wide plan assets
$1M 114.76891732848058% vs 2022
2024 filing year
$0.4M$0.6M$0.8M$1M$1.2M 202220232024 $0.51M $1.09M ▲ +113.7%
Year Plans Participants Total Assets
2022 1 5 $506K
2023 1 4 $757K
2024 1 4 $1M

Nearby 401(k) Plans in Massachusetts

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

IBEW Local 1505 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants IBEW Local 1505 401(k) Plan, Total assets ($B): 0.000756734 · Participants: 4IBEW Local 1505 401(k) PlanFidelity Retirement Savings Plan, Total assets ($B): 28.649852331 · Participants: 62289Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 10.556596852 · Participants: 37052Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 6.829912863 · Participants: 14094Massachusetts Institute of Technology Supplemental 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 5.786107181 · Participants: 19881Boston Scientific Corporation 401(k) Retirement Savings PlanPhilips North America 401(k) Plan, Total assets ($B): 5.779286156 · Participants: 19120Philips North America 401(k) Plan
IBEW Local 1505 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare IBEW Local 1505 401(k) Plan side-by-side with 3 peers →

IBEW Local 1505 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is Meshing, Inc. 401(k) Profit Sharing Plan in NC ($757K); by covered participants it is Makingchg, Inc. Retirement Plan in TN (4 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (4 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 IBEW Local 1505 401(k) Plan assets move in 2023? ▼
IBEW Local 1505 401(k) Plan surged - up 49.7% during 2023, from $506K to $757K. Reported net income was $251K.
How have IBEW Local 1505 plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), IBEW Local 1505's sponsor-wide assets grew 114.8%, from $506K to $1M.
Where does IBEW Local 1505 401(k) Plan rank by assets among Form 5500 filers? ▼
IBEW Local 1505 401(k) Plan ranks in the 21st percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the smaller plans by assets on file).
Which 401(k) plans are similar in size to IBEW Local 1505 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Meshing, Inc. 401(k) Profit Sharing Plan in NC ($757K, 2 participants).
Which 401(k) plans cover a similar participant headcount to IBEW Local 1505 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Makingchg, Inc. Retirement Plan in TN (4 participants, N/A 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 042031557.

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.