Profit Sharing · DOL Form 5500 · 2023

Board of Trustees of IBEW Local 840 Annuity Fund Profit Sharing Plan

Data updated 2026-08-25

$16M
Total assets Small plan by assets
315
Participants Below avg headcount
68th
Percentile by assets National rank
$49,470
Avg per participant Low balance/head
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Official DOL plan name: Local 840 IBEW Annuity Fund · Sponsored by Board of Trustees of IBEW Local 840 Annuity Fund · New York · Construction

$16M in assets, 315 participants

Board of Trustees of IBEW Local 840 Annuity Fund's Local 840 IBEW Annuity Fund reported $16M in total assets and 315 participants in its 2023 DOL Form 5500 filing, ranking in the 68th 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.

  • #6,009 in Construction (9,030 peers)

Coverage in New York

Local 840 IBEW Annuity Fund covers 315 participants in New York, about 39% of the average New York filer (state average ~798 per filing). Assets: $16M.

#6,009
in Construction (9,030 peers)
+5.4%
assets growth YoY

Local 840 IBEW Annuity Fund's outsized position by total assets

Local 840 IBEW Annuity Fund vs every filed plan by assets

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

$15,583,089 Top 32% higher than 68% 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

Local 840 IBEW Annuity Fund among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Local 840 IBEW Annuity Fund sits mid-pack in the medium band (315 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Local 840 IBEW Annuity Fund reported net income rose from -$2M in the plan year 2022 filing to $798K in the plan year 2023 filing.
  • Local 840 IBEW Annuity Fund reported participants rose from 290 in the plan year 2022 filing to 315 in the plan year 2023 filing.
  • Local 840 IBEW Annuity Fund end-of-year assets rose from $15M in the plan year 2022 filing to $16M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 226477218 · Board of Trustees of IBEW Local 840 Annuity Fund PY 2023 · Profit Sharing

Local 840 IBEW Annuity Fund · $16M · 315 · 68th

  • PART $16M
  • TYPE 315
  • NET 68th
  • BOOK Profit Sharing
  • VS-ST near Perenich, Caulfield, Avril & Noyes, P. a. Profit Sharing Plan
  • BOY ind #6009

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 New York →

Local 840 IBEW Annuity Fund in the asset neighbourhood

Perenich, Caulfield, Avril & Noyes, P. a. Profit Sharing PlanPerenich, Caulfield, Avril &…$16MLocal 840 IBEW Annuity Fund$16MUnited Finance Co. Profit Sharing and Retirement PlanUnited Finance Co. Profit Sh…$16MConnors Group Safe Harbor 401(k) Profit Sharing PlanConnors Group Safe Harbor 40…$16MFamily Tree Productions Inc Profit Sharing PlanFamily Tree Productions Inc …$16M
End-of-year total assets ($M) among Local 840 IBEW Annuity Fund and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

New York filing particulars

Total Assets (Beginning of Year)$15M
Net Assets (End of Year)$16M
Net Income$798K
Employer EIN226477218
Plan Effective Date1989-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees of IBEW Local 840 Annuity Fund)

Sponsor-wide plan assets over time

All Board of Trustees of IBEW Local 840 Annuity Fund plans reported in each filing year

Latest sponsor-wide plan assets
$16M 9.022985962922567% vs 2022
2024 filing year
$14.5M$15M$15.5M$16M$16.5M 202220232024 $14.8M $16.1M ▲ +9.0%
Year Plans Participants Total Assets
2022 1 290 $15M
2023 1 315 $16M
2024 1 390 $16M

Nearby Profit Sharing Plans in New York

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Local 840 IBEW Annuity Fund vs. nearby Profit Sharing plans in New York, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -0.500.511.522.5 Total assets ($B) Participants Local 840 IBEW Annuity Fund, Total assets ($B): 0.015583089 · Participants: 315Local 840 IBEW Annuity FundAnnuity Plan of the Electrical Industry, Total assets ($B): 2.210433172 · Participants: 18907Annuity Plan of the Electrical IndustryAnnuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIO, Total assets ($B): 1.870067356 · Participants: 3402Annuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIOAnnuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIO, Total assets ($B): 1.660408686 · Participants: 5807Annuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIOThe Research Foundation for Suny Retirement Plan, Total assets ($B): 1.177491602 · Participants: 10120The Research Foundation for Suny Retirement PlanMason Tenders District Council Annuity Fund, Total assets ($B): 0.912972009 · Participants: 11237Mason Tenders District Council Annuity Fund
Local 840 IBEW Annuity Fund vs. nearby Profit Sharing plans in New York, assets vs. participants
Compare Local 840 IBEW Annuity Fund side-by-side with 3 peers →

Local 840 IBEW Annuity Fund's out-of-state Profit Sharing peers by assets and headcount

Outside New York, the nearest Profit Sharing by assets is Perenich, Caulfield, Avril & Noyes, P. a. Profit Sharing Plan in FL ($16M); by covered participants it is Wesbury United Methodist Community Retirement Savings Plan in PA (315 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (315 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 Local 840 IBEW Annuity Fund assets move in 2023? ▼
Local 840 IBEW Annuity Fund grew at a solid clip - up 5.4% during 2023, from $15M to $16M. Reported net income was $798K.
How have Board of Trustees of IBEW Local 840 Annuity Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees of IBEW Local 840 Annuity Fund's sponsor-wide assets grew 9.0%, from $15M to $16M.
Which Profit Sharing plans are similar in size to Local 840 IBEW Annuity Fund? ▼
Among Profit Sharing plans in other states, the closest by assets is Perenich, Caulfield, Avril & Noyes, P. a. Profit Sharing Plan in FL ($16M, 19 participants).
Which Profit Sharing plans cover a similar participant headcount to Local 840 IBEW Annuity Fund? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Wesbury United Methodist Community Retirement Savings Plan in PA (315 participants, $11M 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 226477218.

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.