401(k) · DOL Form 5500 · 2023
Board of Directors of the IBEW Locals' Saving & Retirement Group Trust 401(k) Plan
Data updated 2026-08-25
- $698M
- Total assets Above avg plan size
- 376
- Participants Below avg headcount
- 98th
- Percentile by assets National rank
- $1.9M
- Avg per participant High balance/head
Official DOL plan name: International Brotherhood of Electrical Workers Local Unions Savings & Security Plan · Sponsored by Board of Directors of the IBEW Locals' Saving & Retirement Group Trust · New York · Other Services
$698M in assets, 376 participants
Board of Directors of the IBEW Locals' Saving & Retirement Group Trust's International Brotherhood of Electrical Workers Local Unions Savings & Security Plan reported $698M in total assets and 376 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.
- #7,828 in Other Services (7,857 peers)
Coverage in New York
International Brotherhood of Electrical Workers Local Unions Savings & Security Plan covers 376 participants in New York, about 47% of the average New York filer (state average ~798 per filing). Assets: $698M.
- #7,828
- in Other Services (7,857 peers)
- +3.3%
- assets growth YoY
- 7.0×
- vs typical plan assets (national mean)
International Brotherhood of Electrical Workers Local Unions Savings & Security Plan's outsized position by total assets
International Brotherhood of Electrical Workers Local Unions Savings & Security Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$697,855,882 Top 2% higher than 98% 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 Unions Savings & Security Plan among mid-size filed plans by 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 Unions Savings & Security Plan sits mid-pack in the medium band (376 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- International Brotherhood of Electrical Workers Local Unions Savings & Security Plan reported net income rose from -$190M in the plan year 2022 filing to $22M in the plan year 2023 filing.
- International Brotherhood of Electrical Workers Local Unions Savings & Security Plan reported participants fell from 389 in the plan year 2022 filing to 376 in the plan year 2023 filing.
- International Brotherhood of Electrical Workers Local Unions Savings & Security Plan end-of-year assets rose from $676M in the plan year 2022 filing to $698M in the plan year 2023 filing.
Form 5500 schedule snapshot
Filing strip 271722149 · Board of Directors of the IBEW Locals' Saving & Retirement Group Trust PY 2023 · 401(k)
International Brotherhood of Electrical Workers Local Unions Savings & Security Plan · $698M · 376 · 98th
- SCH $698M
- EBSA 376
- PART 98th
- TYPE 401(k)
- NET near Canadian National Railway Company Savings Plan for U.S. Operations
- BOOK ind #7828
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 Other Services retirement plans → · Plans in New York →
International Brotherhood of Electrical Workers Local Unions Savings & Security Plan in the asset neighbourhood
New York filing particulars
| Total Assets (Beginning of Year) | $676M |
|---|---|
| Net Assets (End of Year) | $697M |
| Net Income | $22M |
| Employer EIN | 271722149 |
| Plan Effective Date | 1979-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Directors of the IBEW Locals' Saving & Retirement Group Trust)
Sponsor-wide plan assets over time
All Board of Directors of the IBEW Locals' Saving & Retirement Group Trust plans reported in each filing year
- Latest sponsor-wide plan assets
- $742M 9.834450192977322% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 389 | $676M |
| 2023 | 1 | 376 | $698M |
| 2024 | 1 | 372 | $742M |
Nearby 401(k) Plans in New York
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- IBM 401 (K) Plus Plan $57.4B · 54,912
- Pfizer Savings Plan $19.6B · 30,033
- Morgan Stanley 401(k) Plan $19.2B · 55,363
- The Pepsico Savings Plan $13.7B · 133,597
- The Goldman Sachs 401(k) Plan $11.4B · 24,866
International Brotherhood of Electrical Workers Local Unions Savings & Security Plan's out-of-state 401(k) peers by assets and headcount
Outside New York, the nearest 401(k) by assets is Canadian National Railway Company Savings Plan for U.S. Operations in IL ($697M); by covered participants it is Kulicke and Soffa Industries, Inc. Incentive Savings Plan in PA (376 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($698M here).
- Canadian National Railway Company Savings Plan for U.S. Operations (IL) $697M · 6,661
- Tmna, Inc. 401(k) Plan (NJ) $699M · 2,988
- Katten Muchin Rosenman LLP Defined Contribution Plan (IL) $699M · 1,189
- Totalenergies Finance USA, Inc. Employee Savings Plan (TX) $699M · 2,401
Similar participant headcount
Nearest other-state filings by covered participants (376 participants); asset peers above are excluded.
- Kulicke and Soffa Industries, Inc. Incentive Savings Plan (PA) 376 · 0 off
- Lumileds LLC 401(k) Plan (CA) 376 · 0 off
- Crosslink Life Sciences, LLC 401(k) Plan (GA) 376 · 0 off
- Riverhorse Logistics, LLC Retirement Readiness 401(k) Plan (TN) 376 · 0 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.