Profit Sharing
2023 plan-year Profit Sharing DOL Form 5500

IBEW LOCAL 466 PENSION PLAN

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

JOINT BOARD OF TRUSTEES OF IBEW LOCAL 466 PENSION

This Profit Sharing plan holds $129M in total assets and serves 359 participants as of 2023. It is sponsored by JOINT BOARD OF TRUSTEES OF IBEW LOCAL 466 PENSION in West Virginia. The plan reported positive net income of $18M for the year.

Total Assets (2023)
$129M
Participants
359
Industry
Construction

What the Filing Says About IBEW LOCAL 466 PENSION PLAN

IBEW LOCAL 466 PENSION PLAN is a Profit Sharing retirement plan sponsored by JOINT BOARD OF TRUSTEES OF IBEW LOCAL 466 PENSION, headquartered in West Virginia. As of the 2023 Form 5500 filing, the plan reports $129M in total end-of-year assets and covers 359 participants across the Construction industry. The sponsor's EIN on file with the U.S. Department of Labor is 550708649, and the plan has been effective since 1990-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $111M at the beginning of 2023 to $129M at year-end — a gain of 15.9%. Net assets (after liabilities) closed the year at $128M, with reported net income of $18M 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)$111M
Total Assets (End of Year)$129M
Net Assets (End of Year)$128M
Net Income$18M
Plan TypeProfit Sharing
Employer EIN550708649
Plan Effective Date1990-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (JOINT BOARD OF TRUSTEES OF IBEW LOCAL 466 PENSION)

Year Plans Participants Total Assets
2022 1 337 $111M
2023 1 359 $129M
2024 1 446 $146M

Nearby Profit Sharing Plans in West Virginia

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

Frequently Asked Questions

How much money is in the IBEW LOCAL 466 PENSION PLAN?
As of the 2023 Form 5500 filing, IBEW LOCAL 466 PENSION PLAN holds $129M in total assets with 359 participants. It is sponsored by JOINT BOARD OF TRUSTEES OF IBEW LOCAL 466 PENSION.
What type of plan is IBEW LOCAL 466 PENSION PLAN?
IBEW LOCAL 466 PENSION PLAN is a Profit Sharing plan. It has been effective since 1990-01-01. The plan is filed with the U.S. Department of Labor under EIN 550708649.
Who sponsors the IBEW LOCAL 466 PENSION PLAN?
IBEW LOCAL 466 PENSION PLAN is sponsored by JOINT BOARD OF TRUSTEES OF IBEW LOCAL 466 PENSION, located in West Virginia. The sponsor's EIN is 550708649 and the plan operates in the Construction industry.
How did IBEW LOCAL 466 PENSION PLAN perform in 2023?
IBEW LOCAL 466 PENSION PLAN grew by 15.9% during 2023, moving from $111M to $129M in total assets. Net income was $18M.
Where can I find official filings for IBEW LOCAL 466 PENSION PLAN?
Official Form 5500 filings for IBEW LOCAL 466 PENSION PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 550708649 or plan name at efast.dol.gov.
How does IBEW LOCAL 466 PENSION PLAN compare to other plans?
You can compare IBEW LOCAL 466 PENSION PLAN against other Profit Sharing plans on the plan type page, or view plans in West Virginia 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 550708649.

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.