Other · DOL Form 5500 · 2023

Electricians Annuity Fund IBEW Local 456 Retirement Plan

Data updated 2026-08-25

$328M
Total assets Above avg plan size
1,349
Participants Near avg headcount
96th
Percentile by assets National rank
$243,457
Avg per participant Above avg balance/head
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Official DOL plan name: Electricians Annuity Plan - IBEW Local 456 · Sponsored by Electricians Annuity Fund IBEW Local 456 · New Jersey · Construction

$328M in assets, 1,349 participants

Electricians Annuity Fund IBEW Local 456's Electricians Annuity Plan - IBEW Local 456 reported $328M in total assets and 1,349 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.

  • #8,651 in Construction (9,030 peers)

Where Electricians Annuity Plan - IBEW Local 456 sits by assets

Electricians Annuity Plan - IBEW Local 456 sits in the top 5% of all filed plans by assets, $328M for 1,349 participants (~$243,457/participant), up 10.9% in 2023.

#8,651
in Construction (9,030 peers)
+10.9%
assets growth YoY
3.3×
vs typical plan assets (national mean)

Electricians Annuity Plan - IBEW Local 456's outsized position by total assets

Electricians Annuity Plan - IBEW Local 456 vs every filed plan by assets

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

$328,422,989 Top 4% higher than 96% 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

Electricians Annuity Plan - IBEW Local 456's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Electricians Annuity Plan - IBEW Local 456 lands in the large band (1,349 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Electricians Annuity Plan - IBEW Local 456 reported net income rose from -$43M in the plan year 2022 filing to $31M in the plan year 2023 filing.
  • Electricians Annuity Plan - IBEW Local 456 end-of-year assets rose from $296M in the plan year 2022 filing to $328M in the plan year 2023 filing.
  • Electricians Annuity Plan - IBEW Local 456 reported participants fell from 1,442 in the plan year 2022 filing to 1,349 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 222180156 · Electricians Annuity Fund IBEW Local 456 PY 2023 · Other

Electricians Annuity Plan - IBEW Local 456 · $328M · 1,349 · 96th

  • BOY $328M
  • BOY 1,349
  • BOY 96th
  • BOY Other
  • BOY near St. Lawrence University 403(b) Retirement Plan
  • BOY ind #8651

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 Jersey →

Electricians Annuity Plan - IBEW Local 456 in the asset neighbourhood

Blessing Corporate Services Employees Savings PlanBlessing Corporate Services …$330MUnited Health Services, Inc. 403(b) Retirement PlanUnited Health Services, Inc.…$330MHamilton College 403(b) Retirement PlanHamilton College 403(b) Reti…$329MSt. Lawrence University 403(b) Retirement PlanSt. Lawrence University 403(…$329MElectricians Annuity Plan - IBEW Local 456Electricians Annuity Plan - …$328M
End-of-year total assets ($M) among Electricians Annuity Plan - IBEW Local 456 and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$296M
Net Assets (End of Year)$326M
Net Income$31M
Employer EIN222180156
Plan Effective Date1976-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Electricians Annuity Fund IBEW Local 456)

Sponsor-wide plan assets over time

All Electricians Annuity Fund IBEW Local 456 plans reported in each filing year

Latest sponsor-wide plan assets
$356M 20.128696717116874% vs 2022
2024 filing year
$280M$300M$320M$340M$360M$380M 202220232024 $296M $356M ▲ +20.1%
Year Plans Participants Total Assets
2022 1 1,442 $296M
2023 1 1,349 $328M
2024 1 1,346 $356M

Nearby Other Plans in New Jersey

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

Electricians Annuity Plan - IBEW Local 456 vs. nearby Other plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 00.511.522.5 Total assets ($B) Participants Electricians Annuity Plan - IBEW Local 456, Total assets ($B): 0.328422989 · Participants: 1349Electricians Annuity Plan - IBEW Local 456Princeton University Retirement Plan, Total assets ($B): 2.131527701 · Participants: 8456Princeton University Retirement PlanConsolidated 403(b) Plan of Hackensack Meridian Health, Total assets ($B): 1.716797093 · Participants: 17739Consolidated 403(b) Plan of Hackensack Meridian HealthPrinceton University Retirement Savings Plan, Total assets ($B): 1.532776551 · Participants: 7955Princeton University Retirement Savings PlanRwjbarnabas Health 403(b) Savings Plan, Total assets ($B): 1.327267148 · Participants: 28672Rwjbarnabas Health 403(b) Savings PlanAtlantic Health System 403(b) Retirement Savings Plan, Total assets ($B): 1.020010574 · Participants: 19936Atlantic Health System 403(b) Retirement Savings Plan
Electricians Annuity Plan - IBEW Local 456 vs. nearby Other plans in New Jersey, assets vs. participants
Compare Electricians Annuity Plan - IBEW Local 456 side-by-side with 3 peers →

Electricians Annuity Plan - IBEW Local 456's out-of-state Other peers by assets and headcount

Outside New Jersey, the nearest Other by assets is St. Lawrence University 403(b) Retirement Plan in NY ($329M); by covered participants it is St. John's Riverside Hospital 403(b) Retirement Plan in NY (1,345 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,349 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 Electricians Annuity Plan - IBEW Local 456 assets move in 2023? ▼
Electricians Annuity Plan - IBEW Local 456 grew at a solid clip - up 10.9% during 2023, from $296M to $328M. Reported net income was $31M.
How have Electricians Annuity Fund IBEW Local 456 plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Electricians Annuity Fund IBEW Local 456's sponsor-wide assets grew 20.1%, from $296M to $356M.
Where does Electricians Annuity Plan - IBEW Local 456 rank by assets among Form 5500 filers? ▼
Electricians Annuity Plan - IBEW Local 456 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 Other plans are similar in size to Electricians Annuity Plan - IBEW Local 456? ▼
Among Other plans in other states, the closest by assets is St. Lawrence University 403(b) Retirement Plan in NY ($329M, 731 participants).
Which Other plans cover a similar participant headcount to Electricians Annuity Plan - IBEW Local 456? ▼
Among Other plans in other states, the closest by covered participants is St. John's Riverside Hospital 403(b) Retirement Plan in NY (1,345 participants, $200M 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 222180156.

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.