Profit Sharing · DOL Form 5500 · 2023

I.B.E.W. Board of Trustees for Local No 357 Pension Trust Profit Sharing Plan

Data updated 2026-08-11

$481M
Total assets: 4,139
Participants: 97th
Percentile by assets: $116,256
Avg per participant

Official DOL plan name: I.B.E.W. Local Union No 357 Pension Trust Fund, Plan B · Sponsored by I.B.E.W. Board of Trustees for Local No 357 Pension Trust · Nevada · Construction

$481M in assets, 4,139 participants

I.B.E.W. Board of Trustees for Local No 357 Pension Trust's I.B.E.W. Local Union No 357 Pension Trust Fund, Plan B reported $481M in total assets and 4,139 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 127,072 plans)
#8,761 in Construction (9,030 peers)

Coverage in Nevada

I.B.E.W. Local Union No 357 Pension Trust Fund, Plan B covers 4,139 participants in Nevada, 6.5x the typical Nevada plan (state average ~636 per filing). Assets: $481M.

$481M
total plan assets (2023 EOY): 4,139
covered participants: 97th
percentile by assets (of 127,072 plans): $116,256
avg assets per participant

I.B.E.W. Local Union No 357 Pension Trust Fund, Plan B reported net income rose from -$73M in the plan year 2022 filing to $80M in the plan year 2023 filing.
I.B.E.W. Local Union No 357 Pension Trust Fund, Plan B end-of-year assets rose from $401M in the plan year 2022 filing to $481M in the plan year 2023 filing.
I.B.E.W. Local Union No 357 Pension Trust Fund, Plan B reported participants fell from 4,188 in the plan year 2022 filing to 4,139 in the plan year 2023 filing.

See the national 2023→2024 release diff →

State

Nevada

Industry

Construction

Participants vs Nevada filers

In Nevada, the average filing covers about 636 participants across 808 plans. I.B.E.W. Local Union No 357 Pension Trust Fund, Plan B reports 4,139 participants - 6.5x that state average ($481M EOY assets).

Nevada filing particulars

Total Assets (Beginning of Year)	$401M
Net Assets (End of Year)	$481M
Net Income	$80M
Employer EIN	886023284
Plan Effective Date	1974-12-31
Filing Status	FILING RECEIVED

Sponsor Plan History (I.B.E.W. Board of Trustees for Local No 357 Pension Trust)

Total plan assets by year, all I.B.E.W. Board of Trustees for Local No 357 Pension Trust plans on file

Year	Plans	Participants	Total Assets
2022	2	6,601	$872M
2023	2	6,506	$1.0B
2024	2	7,570	$1.1B

Nearby Profit Sharing Plans in Nevada

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

I.B.E.W. Local Union No 357 Pension Trust Fund, Plan B vs. nearby Profit Sharing plans in Nevada, assets vs. participants

Cement Masons and Plasterers Joint Pension Plan $86M · 677
Marina Plon, M.D. Profit Sharing Plan & Trust $36M · 1
Bricklayers & Allied Craftworkers Local 13 Defined Contribution Pension Plan $28M · 855
Construction Industry and Laborers Defined Contribution Pension Plan $26M · 2,713
James E. Nave, D. V. M. , Tropicana Veterinary Clinic, Ltd. Profit Sharing Plan and Trust $26M · 32

Compare I.B.E.W. Local Union No 357 Pension Trus… 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 357 Pension Trust Fund, Plan B by total assets, not by location.

Iuoe Local 30 Annuity Fund (NY) $483M · 4,593
Multicare Health System Retirement Account Plan (WA) $478M · 11,441
Ballad Health 401(a) Plan (TN) $478M · 5,420
Masterbrand, Inc. Retirement Savings Plan (OH) $485M · 7,345

Frequently Asked Questions

How did I.B.E.W. Local Union No 357 Pension Trust Fund, Plan B assets move in 2023? ▼

I.B.E.W. Local Union No 357 Pension Trust Fund, Plan B grew sharply - up 19.9% during 2023, from $401M to $481M. Reported net income was $80M.

How have I.B.E.W. Board of Trustees for Local No 357 Pension Trust plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), I.B.E.W. Board of Trustees for Local No 357 Pension Trust's sponsor-wide assets grew 25.7%, from $872M to $1.1B.

Where does I.B.E.W. Local Union No 357 Pension Trust Fund, Plan B rank by assets among Form 5500 filers? ▼

I.B.E.W. Local Union No 357 Pension Trust Fund, Plan B 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 Profit Sharing plans are similar in size to I.B.E.W. Local Union No 357 Pension Trust Fund, Plan B? ▼

Among Profit Sharing plans in other states, the closest by assets is Iuoe Local 30 Annuity Fund in NY ($483M, 4,593 participants).

Next read for I.B.E.W. Local Union No 357 Pension Trus…

Filing takeaways

Ways to act on I.B.E.W. Local Union No 357 Pension Trust Fund, Plan B's numbers.

By total assets, I.B.E.W. Local Union No 357 Pension Trust Fund, Plan B 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 Nevada. Compare plans
I.B.E.W. Board of Trustees for Local No 357 Pension Trust's sponsor-wide assets have grown 25.7% 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 886023284.