Profit Sharing · DOL Form 5500 · 2023

IBEW Local Union No. 124 Profit Sharing Plan

Data updated 2026-08-06

$394M
Total assets: 3,338
Participants: 97th
Percentile by assets: $118,181
Avg per participant

Official DOL plan name: I. B. E. W. Local Union No. 124 Annuity Plan · Sponsored by IBEW Local Union No. 124 · Missouri · Construction

$394M in assets, 3,338 participants

IBEW Local Union No. 124's I. B. E. W. Local Union No. 124 Annuity Plan reported $394M in total assets and 3,338 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.

97th percentile by assets (of 126,618 plans)
#8,666 in Construction (8,993 peers)

Coverage in Missouri

I. B. E. W. Local Union No. 124 Annuity Plan covers 3,338 participants in Missouri, 4.4x the typical Missouri plan (state average ~756 per filing). Assets: $394M.

$394M
total plan assets (2023 EOY): 3,338
covered participants: 97th
percentile by assets (of 126,618 plans): $118,181
avg assets per participant

I. B. E. W. Local Union No. 124 Annuity Plan reported net income rose from -$63M in the plan year 2022 filing to $66M in the plan year 2023 filing.
I. B. E. W. Local Union No. 124 Annuity Plan end-of-year assets rose from $328M in the plan year 2022 filing to $394M in the plan year 2023 filing.
I. B. E. W. Local Union No. 124 Annuity Plan reported participants rose from 3,250 in the plan year 2022 filing to 3,338 in the plan year 2023 filing.

See the national 2023→2024 release diff →

State

Missouri

Industry

Construction

Participants vs Missouri filers

In Missouri, the average filing covers about 756 participants across 2,155 plans. I. B. E. W. Local Union No. 124 Annuity Plan reports 3,338 participants - 4.4x that state average ($394M EOY assets).

Missouri filing particulars

Total Assets (Beginning of Year)	$328M
Net Assets (End of Year)	$394M
Net Income	$66M
Employer EIN	431269910
Plan Effective Date	1982-09-01
Filing Status	FILING RECEIVED

Sponsor Plan History (IBEW Local Union No. 124)

Total plan assets by year, all IBEW Local Union No. 124 plans on file

Year	Plans	Participants	Total Assets
2022	2	6,282	$446M
2023	2	5,500	$536M
2024	2	6,437	$604M

Nearby Profit Sharing Plans in Missouri

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

I. B. E. W. Local Union No. 124 Annuity Plan vs. nearby Profit Sharing plans in Missouri, assets vs. participants

Boilermakers National Annuity Trust $1.3B · 18,088
Profit Sharing Retirement Plan for Divisions and Subsidiaries of Emerson Electric Co. $585M · 3,940
Plumbers' & Pipefitters' Local 562 Supplemental Pension Plan & Trust $397M · 3,749
Iron Workers St. Louis District Council Annuity Trust Fund $364M · 4,927
Annuity Fund of Operating Engineers Local 513 $298M · 8,814

Compare I. B. E. W. Local Union No. 124 Annuity … side-by-side with 3 peers →

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to I. B. E. W. Local Union No. 124 Annuity Plan by total assets, not by location.

Barnard College 403(b) Plan (NY) $391M · 794
Plumbers' Retirement Savings Fund, Local 130, U.a. (IL) $398M · 5,807
Kramer Levin Profit-Sharing Retirement Plan (NY) $387M · 352
Medical Information Technology, Inc. Profit Sharing Plan (MA) $405M · 3,041

Frequently Asked Questions

How did I. B. E. W. Local Union No. 124 Annuity Plan assets move in 2023? ▼

I. B. E. W. Local Union No. 124 Annuity Plan grew sharply - up 20.3% during 2023, from $328M to $394M. Reported net income was $66M.

How have IBEW Local Union No. 124 plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), IBEW Local Union No. 124's sponsor-wide assets grew 35.3%, from $446M to $604M.

Where does I. B. E. W. Local Union No. 124 Annuity Plan rank by assets among Form 5500 filers? ▼

I. B. E. W. Local Union No. 124 Annuity Plan ranks in the 97th percentile by end-of-year assets among 126,618 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).

Which Profit Sharing plans are similar in size to I. B. E. W. Local Union No. 124 Annuity Plan? ▼

Among Profit Sharing plans in other states, the closest by assets is Barnard College 403(b) Plan in NY ($391M, 794 participants).

Next read for I. B. E. W. Local Union No. 124 Annuity …

Filing takeaways

Ways to act on I. B. E. W. Local Union No. 124 Annuity Plan's numbers.

By total assets, I. B. E. W. Local Union No. 124 Annuity Plan ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Profit Sharing plans in Missouri. Compare plans
IBEW Local Union No. 124's sponsor-wide assets have grown 35.3% since 2022 across 3 plan years on file. More Construction plans

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 431269910.