401(k) · DOL Form 5500 · 2023

Board of Trustees Iuoe Local 478 Annuity Fund 401(k) Plan

Data updated 2026-08-11

$340M
Total assets
4,723
Participants
96th
Percentile by assets
$72,077
Avg per participant
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Official DOL plan name: Iuoe Local 478 Annuity Fund · Sponsored by Board of Trustees Iuoe Local 478 Annuity Fund · Connecticut · Construction

$340M in assets, 4,723 participants

Board of Trustees Iuoe Local 478 Annuity Fund's Iuoe Local 478 Annuity Fund reported $340M in total assets and 4,723 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.

  • 96th percentile by assets (of 127,072 plans)
  • #8,659 in Construction (9,030 peers)

Coverage in Connecticut

Iuoe Local 478 Annuity Fund covers 4,723 participants in Connecticut, 6.6x the typical Connecticut plan (state average ~718 per filing). Assets: $340M.

$340M
total plan assets (2023 EOY)
4,723
covered participants
96th
percentile by assets (of 127,072 plans)
$72,077
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Iuoe Local 478 Annuity Fund reported net income rose from -$47M in the plan year 2022 filing to $43M in the plan year 2023 filing.
  • Iuoe Local 478 Annuity Fund end-of-year assets rose from $297M in the plan year 2022 filing to $340M in the plan year 2023 filing.
  • Iuoe Local 478 Annuity Fund reported participants rose from 4,541 in the plan year 2022 filing to 4,723 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Participants vs Connecticut filers

In Connecticut, the average filing covers about 718 participants across 1,906 plans. Iuoe Local 478 Annuity Fund reports 4,723 participants - 6.6x that state average ($340M EOY assets).

Connecticut filing particulars

Total Assets (Beginning of Year)$297M
Net Assets (End of Year)$340M
Net Income$43M
Employer EIN061230516
Plan Effective Date1988-01-26
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees Iuoe Local 478 Annuity Fund)

$250M$300M$350M$400M 202220232024 $297M $377M ▲ +27.0%
Total plan assets by year, all Board of Trustees Iuoe Local 478 Annuity Fund plans on file
Year Plans Participants Total Assets
2022 1 4,541 $297M
2023 1 4,723 $340M
2024 1 4,899 $377M

Nearby 401(k) Plans in Connecticut

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

Iuoe Local 478 Annuity Fund vs. nearby 401(k) plans in Connecticut, assets vs. participants

Iuoe Local 478 Annuity Fund vs. nearby 401(k) plans in Connecticut, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Iuoe Local 478 Annui…Rtx Savings PlanCiti Retirement Savi…The Hartford Investm…Xerox Corporation Sa…Eversource 401(k) Plan
Iuoe Local 478 Annuity Fund vs. nearby 401(k) plans in Connecticut, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Iuoe Local 478 Annuity Fund by total assets, not by location.

Frequently Asked Questions

How did Iuoe Local 478 Annuity Fund assets move in 2023?
Iuoe Local 478 Annuity Fund grew at a solid clip - up 14.6% during 2023, from $297M to $340M. Reported net income was $43M.
How have Board of Trustees Iuoe Local 478 Annuity Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees Iuoe Local 478 Annuity Fund's sponsor-wide assets grew 27.0%, from $297M to $377M.
Where does Iuoe Local 478 Annuity Fund rank by assets among Form 5500 filers?
Iuoe Local 478 Annuity Fund ranks in the 96th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Iuoe Local 478 Annuity Fund?
Among 401(k) plans in other states, the closest by assets is Oaktree Capital Management, L. P. 401(k) Savings Plan in CA ($340M, 856 participants).

Filing takeaways

Ways to act on Iuoe Local 478 Annuity Fund's numbers.

  • By total assets, Iuoe Local 478 Annuity Fund ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Connecticut. Compare plans
  • Board of Trustees Iuoe Local 478 Annuity Fund's sponsor-wide assets have grown 27.0% since 2022 across 3 plan years on file. More Construction plans