Profit Sharing · DOL Form 5500 · 2023
Local Union 98 I.B.E.W. - Trustees Profit Sharing Plan Profit Sharing Plan
Data updated 2026-08-25
- $1.1B
- Total assets Very large vs avg
- 3,905
- Participants Above avg headcount
- 99th
- Percentile by assets National rank
- $288,472
- Avg per participant High balance/head
Official DOL plan name: International Brotherhood of Electrical Workers Local Union 98 - Profit Sharing Plan · Sponsored by Local Union 98 I.B.E.W. - Trustees Profit Sharing Plan · Pennsylvania · Construction
$1.1B in assets, 3,905 participants
Local Union 98 I.B.E.W. - Trustees Profit Sharing Plan's International Brotherhood of Electrical Workers Local Union 98 - Profit Sharing Plan reported $1.1B in total assets and 3,905 participants in its 2023 DOL Form 5500 filing, ranking in the 99th 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.
- #8,919 in Construction (9,030 peers)
Coverage in Pennsylvania
International Brotherhood of Electrical Workers Local Union 98 - Profit Sharing Plan covers 3,905 participants in Pennsylvania, 4.8x the typical Pennsylvania plan (state average ~822 per filing). Assets: $1.1B.
- #8,919
- in Construction (9,030 peers)
- +17.5%
- assets growth YoY
- 11×
- vs typical plan assets (national mean)
International Brotherhood of Electrical Workers Local Union 98 - Profit Sharing Plan's outsized position by total assets
International Brotherhood of Electrical Workers Local Union 98 - Profit Sharing Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$1,126,483,012 Top 1% higher than 99% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
International Brotherhood of Electrical Workers Local Union 98 - Profit Sharing Plan'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. International Brotherhood of Electrical Workers Local Union 98 - Profit Sharing Plan lands in the large band (3,905 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- International Brotherhood of Electrical Workers Local Union 98 - Profit Sharing Plan reported net income rose from -$182M in the plan year 2022 filing to $168M in the plan year 2023 filing.
- International Brotherhood of Electrical Workers Local Union 98 - Profit Sharing Plan end-of-year assets rose from $958M in the plan year 2022 filing to $1.1B in the plan year 2023 filing.
Published 5500 schedule card
Filing strip 232289872 · Local Union 98 I.B.E.W. - Trustees Profit Sharing Plan PY 2023 · Profit Sharing
International Brotherhood of Electrical Workers Local Union 98 - Profit Sharing Plan · $1.1B · 3,905 · 99th
- BOY $1.1B
- BOY 3,905
- BOY 99th
- BOY Profit Sharing
- BOY near Disney Retirement Savings Plan
- BOY ind #8919
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 Pennsylvania →
International Brotherhood of Electrical Workers Local Union 98 - Profit Sharing Plan in the asset neighbourhood
Pennsylvania filing particulars
| Total Assets (Beginning of Year) | $958M |
|---|---|
| Net Assets (End of Year) | $1.1B |
| Net Income | $168M |
| Employer EIN | 232289872 |
| Plan Effective Date | 1983-07-03 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Local Union 98 I.B.E.W. - Trustees Profit Sharing Plan)
Sponsor-wide plan assets over time
All Local Union 98 I.B.E.W. - Trustees Profit Sharing Plan plans reported in each filing year
- Latest sponsor-wide plan assets
- $1.3B 31.359162280988865% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 3,904 | $958M |
| 2023 | 1 | 3,905 | $1.1B |
| 2024 | 1 | 3,927 | $1.3B |
Nearby Profit Sharing Plans in Pennsylvania
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
- Eastern Atlantic States Carpenters Annuity Fund $2.1B · 17,441
- University of Pennsylvania Basic Plan $1.7B · 21,016
- Temple University Health System, Inc. Defined Contribution Retirement Plan $763M · 10,204
- Morgan, Lewis & Bockius LLP Defined Contribution Plan $714M · 2,458
- Steamfitters Local Union No. 420 Srp $671M · 6,295
International Brotherhood of Electrical Workers Local Union 98 - Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount
Outside Pennsylvania, the nearest Profit Sharing by assets is Disney Retirement Savings Plan in CA ($1.1B); by covered participants it is Cpc-Cdpap Pension Plan & Trust in NY (3,911 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($1.1B here).
- Disney Retirement Savings Plan (CA) $1.1B · 37,110
- Major League Baseball Players Investment Plan (MD) $1.1B · 4,293
- Carle Foundation Hospital and Affiliates Matching Tsa Plan (IL) $1.2B · 15,604
- The Research Foundation for Suny Retirement Plan (NY) $1.2B · 10,120
Similar participant headcount
Nearest other-state filings by covered participants (3,905 participants); asset peers above are excluded.
- Cpc-Cdpap Pension Plan & Trust (NY) 3,911 · 6 off
- Blue Bell Creameries, Inc. Employee Stock Ownership Plan (TX) 3,885 · 20 off
- Loma Linda University Faculty Medical Group Multiple Employer Retirement Plan (CA) 3,885 · 20 off
- Operating Engineers Local No 37 Severance & Annuity Fund (MD) 3,928 · 23 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.