Money Purchase · DOL Form 5500 · 2023

Trustees of I.B.E.W Local 697 Defined Contribution Plan Money Purchase Plan

Data updated 2026-08-25

$390M
Total assets Above avg plan size
981
Participants Near avg headcount
97th
Percentile by assets National rank
$397,294
Avg per participant High balance/head
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Official DOL plan name: I.B.E.W Local 697 Defined Contribution Plan · Sponsored by Trustees of I.B.E.W Local 697 Defined Contribution Plan · Indiana · Construction

$390M in assets, 981 participants

Trustees of I.B.E.W Local 697 Defined Contribution Plan's I.B.E.W Local 697 Defined Contribution Plan reported $390M in total assets and 981 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.

  • #8,701 in Construction (9,030 peers)

Where I.B.E.W Local 697 Defined Contribution Plan sits by assets

I.B.E.W Local 697 Defined Contribution Plan sits in the top 5% of all filed plans by assets, $390M for 981 participants (~$397,294/participant), up 15.7% in 2023.

#8,701
in Construction (9,030 peers)
+15.7%
assets growth YoY
3.9×
vs typical plan assets (national mean)

I.B.E.W Local 697 Defined Contribution Plan's outsized position by total assets

I.B.E.W Local 697 Defined Contribution Plan vs every filed plan by assets

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

$389,744,986 Top 3% higher than 97% 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 697 Defined Contribution 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. I.B.E.W Local 697 Defined Contribution Plan sits mid-pack in the medium band (981 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • I.B.E.W Local 697 Defined Contribution Plan reported net income rose from -$58M in the plan year 2022 filing to $53M in the plan year 2023 filing.
  • I.B.E.W Local 697 Defined Contribution Plan end-of-year assets rose from $337M in the plan year 2022 filing to $390M in the plan year 2023 filing.
  • I.B.E.W Local 697 Defined Contribution Plan reported participants rose from 951 in the plan year 2022 filing to 981 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 351773526 · Trustees of I.B.E.W Local 697 Defined Contribution Plan PY 2023 · Money Purchase

I.B.E.W Local 697 Defined Contribution Plan · $390M · 981 · 97th

  • VS-ST $390M
  • VS-ST 981
  • VS-ST 97th
  • VS-ST Money Purchase
  • VS-ST near Elliott Money Purchase Pension Plan
  • VS-ST ind #8701

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 Indiana →

I.B.E.W Local 697 Defined Contribution Plan in the asset neighbourhood

I.B.E.W Local 697 Defined Contribution PlanI.B.E.W Local 697 Defined Co…$390MElliott Money Purchase Pension PlanElliott Money Purchase Pensi…$389MCity of Hope National Medical Center Defined Contribution Retirement PlanCity of Hope National Medica…$389MAura, Inc. Money Purchase Pension Plan and TrustAura, Inc. Money Purchase Pe…$381MIBEW Local 16, AFL-CIO & Multi- Employer Pension PlanIBEW Local 16, AFL-CIO & Mul…$379M
End-of-year total assets ($M) among I.B.E.W Local 697 Defined Contribution Plan and nearest nationwide Money Purchase peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$337M
Net Assets (End of Year)$389M
Net Income$53M
Employer EIN351773526
Plan Effective Date1984-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Trustees of I.B.E.W Local 697 Defined Contribution Plan)

Sponsor-wide plan assets over time

All Trustees of I.B.E.W Local 697 Defined Contribution Plan plans reported in each filing year

Latest sponsor-wide plan assets
$433M 28.415795169133162% vs 2022
2024 filing year
$300M$350M$400M$450M 202220232024 $337M $433M ▲ +28.4%
Year Plans Participants Total Assets
2022 1 951 $337M
2023 1 981 $390M
2024 1 986 $433M

Nearby Money Purchase Plans in Indiana

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

I.B.E.W Local 697 Defined Contribution Plan vs. nearby Money Purchase plans in Indiana, assets vs. participants Scatter plot of 6 data points. 01000200030004000 0100200300400500 Total assets ($M) Participants I.B.E.W Local 697 Defined Contribution Plan, Total assets ($M): 389.744986 · Participants: 981I.B.E.W Local 697 Defined Contribution PlanRose-Hulman Institute of Technology Money Purchase Purchase Plan, Total assets ($M): 201.953419 · Participants: 593Rose-Hulman Institute of Technology Money Purchase Purchase PlanPlumbers and Steamfitters Local 440 Defined Contribution Plan, Total assets ($M): 172.696922 · Participants: 2898Plumbers and Steamfitters Local 440 Defined Contribution PlanIBEW Local 531 & NECA Money Purchase Pension Plan, Total assets ($M): 120.85166 · Participants: 540IBEW Local 531 & NECA Money Purchase Pension PlanInternational Brotherhood of Electrical Workers Local No 725 Supplemental Pension Trust, Total assets ($M): 115.226502 · Participants: 1051International Brotherhood of Electrical Workers Local No 725 Supplemental Pension TrustNcaa Retirement Plan, Total assets ($M): 90.962786 · Participants: 554Ncaa Retirement Plan
I.B.E.W Local 697 Defined Contribution Plan vs. nearby Money Purchase plans in Indiana, assets vs. participants
Compare I.B.E.W Local 697 Defined Contribution Plan side-by-side with 3 peers →

I.B.E.W Local 697 Defined Contribution Plan's out-of-state Money Purchase peers by assets and headcount

Outside Indiana, the nearest Money Purchase by assets is Elliott Money Purchase Pension Plan in FL ($389M); by covered participants it is Plumbers & Pipefitters Local No 189 Retirement Savings Plan in OH (977 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (981 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 697 Defined Contribution Plan assets move in 2023? ▼
I.B.E.W Local 697 Defined Contribution Plan grew sharply - up 15.7% during 2023, from $337M to $390M. Reported net income was $53M.
How have Trustees of I.B.E.W Local 697 Defined Contribution Plan plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Trustees of I.B.E.W Local 697 Defined Contribution Plan's sponsor-wide assets grew 28.4%, from $337M to $433M.
Where does I.B.E.W Local 697 Defined Contribution Plan rank by assets among Form 5500 filers? ▼
I.B.E.W Local 697 Defined Contribution Plan ranks in the 97th 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 Money Purchase plans are similar in size to I.B.E.W Local 697 Defined Contribution Plan? ▼
Among Money Purchase plans in other states, the closest by assets is Elliott Money Purchase Pension Plan in FL ($389M, 448 participants).
Which Money Purchase plans cover a similar participant headcount to I.B.E.W Local 697 Defined Contribution Plan? ▼
Among Money Purchase plans in other states, the closest by covered participants is Plumbers & Pipefitters Local No 189 Retirement Savings Plan in OH (977 participants, $208M 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 351773526.

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.