401(k) · DOL Form 5500 · 2023

IBEW Local Union 288 and NECA Iowa Chapter, Joint Board of Trustees 401(k) Plan

Data updated 2026-08-25

$25M
Total assets Below avg plan size: 173
Participants Small participant base: 77th
Percentile by assets National rank: $146,066
Avg per participant Above avg balance/head

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Official DOL plan name: IBEW Local 288 Retirement and 401(k) Plan · Sponsored by IBEW Local Union 288 and NECA Iowa Chapter, Joint Board of Trustees · Iowa · Construction

$25M in assets, 173 participants

IBEW Local Union 288 and NECA Iowa Chapter, Joint Board of Trustees's IBEW Local 288 Retirement and 401(k) Plan reported $25M in total assets and 173 participants in its 2023 DOL Form 5500 filing, ranking in the 77th 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.

#6,786 in Construction (9,030 peers)

Coverage in Iowa

IBEW Local 288 Retirement and 401(k) Plan covers 173 participants in Iowa, about 28% of the average Iowa filer (state average ~609 per filing). Assets: $25M.

#6,786
in Construction (9,030 peers): +18.9%
assets growth YoY: 0.3×
vs typical plan assets (national mean)

IBEW Local 288 Retirement and 401(k) Plan's outsized position by total assets

IBEW Local 288 Retirement and 401(k) Plan vs every filed plan by assets

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

$25,269,497 Top 23% higher than 77% of 127,068 filed plans

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

IBEW Local 288 Retirement and 401(k) Plan 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. IBEW Local 288 Retirement and 401(k) Plan sits mid-pack in the medium band (173 participants).

Micro (1-10) 35,718 filings (27%) Small (11-100) 27,089 filings (21%) Medium (101-1,000) 55,445 filings (43%) Large (1,001-10,000) 10,273 filings (8%) Mega (10,000+) 1,374 filings (1%)

IBEW Local 288 Retirement and 401(k) Plan reported net income rose from -$3M in the plan year 2022 filing to $4M in the plan year 2023 filing.
IBEW Local 288 Retirement and 401(k) Plan end-of-year assets rose from $21M in the plan year 2022 filing to $25M in the plan year 2023 filing.
IBEW Local 288 Retirement and 401(k) Plan reported participants rose from 166 in the plan year 2022 filing to 173 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 562364219 · IBEW Local Union 288 and NECA Iowa Chapter, Joint Board of Trustees PY 2023 · 401(k)

IBEW Local 288 Retirement and 401(k) Plan · $25M · 173 · 77th

PHOTO $25M
PHOTO 173
PHOTO 77th
PHOTO 401(k)
PHOTO near Fidelity Deposit & Discount Bank Profit Sharing Plan
PHOTO ind #6786

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 Iowa →

End-of-year total assets ($M) among IBEW Local 288 Retirement and 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Iowa filing particulars

Total Assets (Beginning of Year)	$21M
Net Assets (End of Year)	$25M
Net Income	$4M
Employer EIN	562364219
Plan Effective Date	2003-06-01
Filing Status	FILING RECEIVED

Sponsor Plan History (IBEW Local Union 288 and NECA Iowa Chapter, Joint Board of Trustees)

Latest sponsor-wide plan assets: $28M 33.006985151331776% vs 2022; 2024 filing year

Year	Plans	Participants	Total Assets
2022	1	166	$21M
2023	1	173	$25M
2024	1	203	$28M

Nearby 401(k) Plans in Iowa

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

IBEW Local 288 Retirement and 401(k) Plan vs. nearby 401(k) plans in Iowa, assets vs. participants

The Principal Select Savings Plan $4.1B · 12,827
Iowa Health System Section 401(k) Retirement Savings Plan $3.0B · 28,959
The Hy-Vee and Affiliates 401(k) Plan $2.9B · 56,181
The Rsm US LLP Retirement Plan $2.9B · 14,720
Transamerica 401(k) Retirement Savings Plan $2.4B · 6,999

Compare IBEW Local 288 Retirement and 401(k) Plan side-by-side with 3 peers →

IBEW Local 288 Retirement and 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Iowa, the nearest 401(k) by assets is Fidelity Deposit & Discount Bank Profit Sharing Plan in PA ($25M); by covered participants it is Ace Fix-It Hardware 401(k) Plan in PA (173 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($25M here).

Fidelity Deposit & Discount Bank Profit Sharing Plan (PA) $25M · 280
Serv Behavioral Health System 401(k) Retirement Plan (NJ) $25M · 600
Ticketnetwork, Inc. 401(k) Profit Sharing Plan (CT) $25M · 306
Guideline 401(k) Plan (CA) $25M · 415

Similar participant headcount

Nearest other-state filings by covered participants (173 participants); asset peers above are excluded.

Ace Fix-It Hardware 401(k) Plan (PA) 173 · 0 off
Incom, Inc. Profit Sharing & Retirement Savings Plan (MA) 173 · 0 off
Myfitnesspal 401(k) Plan (TX) 173 · 0 off
Affiliated Consumer Services, Inc. 401(k) Profit Sharing Plan (WI) 173 · 0 off

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 288 Retirement and 401(k) Plan assets move in 2023? ▼

IBEW Local 288 Retirement and 401(k) Plan grew sharply - up 18.9% during 2023, from $21M to $25M. Reported net income was $4M.

How have IBEW Local Union 288 and NECA Iowa Chapter, Joint Board of Trustees plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), IBEW Local Union 288 and NECA Iowa Chapter, Joint Board of Trustees's sponsor-wide assets grew 33.0%, from $21M to $28M.

Where does IBEW Local 288 Retirement and 401(k) Plan rank by assets among Form 5500 filers? ▼

IBEW Local 288 Retirement and 401(k) Plan ranks in the 77th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).

Which 401(k) plans are similar in size to IBEW Local 288 Retirement and 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by assets is Fidelity Deposit & Discount Bank Profit Sharing Plan in PA ($25M, 280 participants).

Which 401(k) plans cover a similar participant headcount to IBEW Local 288 Retirement and 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by covered participants is Ace Fix-It Hardware 401(k) Plan in PA (173 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 562364219.