401(k)
2023 plan-year 401(k) DOL Form 5500

I.B.E.W. LOCAL UNION NO 357 PENSION TRUST FUND, PLAN B

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

I.B.E.W. BOARD OF TRUSTEES FOR LOCAL NO 357 PENSION TRUST

This 401(k) plan holds $481M in total assets and serves 4,139 participants as of 2023. It is sponsored by I.B.E.W. BOARD OF TRUSTEES FOR LOCAL NO 357 PENSION TRUST in Nevada. The plan reported positive net income of $80M for the year.

Total Assets (2023)
$481M
Participants
4,139
State
Industry
Construction

What the Filing Says About I.B.E.W. LOCAL UNION NO 357 PENSION TRUST FUND, PLAN B

I.B.E.W. LOCAL UNION NO 357 PENSION TRUST FUND, PLAN B is a 401(k) retirement plan sponsored by I.B.E.W. BOARD OF TRUSTEES FOR LOCAL NO 357 PENSION TRUST, headquartered in Nevada. As of the 2023 Form 5500 filing, the plan reports $481M in total end-of-year assets and covers 4,139 participants across the Construction industry. The sponsor's EIN on file with the U.S. Department of Labor is 886023284, and the plan has been effective since 1974-12-31. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $401M at the beginning of 2023 to $481M at year-end — a gain of 19.9%. Net assets (after liabilities) closed the year at $481M, with reported net income of $80M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$401M
Total Assets (End of Year)$481M
Net Assets (End of Year)$481M
Net Income$80M
Plan Type401(k)
Employer EIN886023284
Plan Effective Date1974-12-31
Filing StatusFILING RECEIVED

Sponsor Plan History (I.B.E.W. BOARD OF TRUSTEES FOR LOCAL NO 357 PENSION TRUST)

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

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Frequently Asked Questions

How much money is in the I.B.E.W. LOCAL UNION NO 357 PENSION TRUST FUND, PLAN B?
As of the 2023 Form 5500 filing, I.B.E.W. LOCAL UNION NO 357 PENSION TRUST FUND, PLAN B holds $481M in total assets with 4,139 participants. It is sponsored by I.B.E.W. BOARD OF TRUSTEES FOR LOCAL NO 357 PENSION TRUST.
What type of plan is I.B.E.W. LOCAL UNION NO 357 PENSION TRUST FUND, PLAN B?
I.B.E.W. LOCAL UNION NO 357 PENSION TRUST FUND, PLAN B is a 401(k) plan. It has been effective since 1974-12-31. The plan is filed with the U.S. Department of Labor under EIN 886023284.
Who sponsors the I.B.E.W. LOCAL UNION NO 357 PENSION TRUST FUND, PLAN B?
I.B.E.W. LOCAL UNION NO 357 PENSION TRUST FUND, PLAN B is sponsored by I.B.E.W. BOARD OF TRUSTEES FOR LOCAL NO 357 PENSION TRUST, located in Nevada. The sponsor's EIN is 886023284 and the plan operates in the Construction industry.
How did I.B.E.W. LOCAL UNION NO 357 PENSION TRUST FUND, PLAN B perform in 2023?
I.B.E.W. LOCAL UNION NO 357 PENSION TRUST FUND, PLAN B grew by 19.9% during 2023, moving from $401M to $481M in total assets. Net income was $80M.
Where can I find official filings for I.B.E.W. LOCAL UNION NO 357 PENSION TRUST FUND, PLAN B?
Official Form 5500 filings for I.B.E.W. LOCAL UNION NO 357 PENSION TRUST FUND, PLAN B are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 886023284 or plan name at efast.dol.gov.
How does I.B.E.W. LOCAL UNION NO 357 PENSION TRUST FUND, PLAN B compare to other plans?
You can compare I.B.E.W. LOCAL UNION NO 357 PENSION TRUST FUND, PLAN B against other 401(k) plans on the plan type page, or view plans in Nevada on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.