Profit Sharing · DOL Form 5500 · 2023

IBEW Local 712 Profit Sharing Plan Profit Sharing Plan

Data updated 2026-08-25

$84M
Total assets Below avg plan size
1,314
Participants Near avg headcount
90th
Percentile by assets National rank
$64,114
Avg per participant Low balance/head
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Official DOL plan name: IBEW Local 712 Profit Sharing Plan · Sponsored by IBEW Local 712 Profit Sharing Plan · Pennsylvania · Finance & Insurance

$84M in assets, 1,314 participants

IBEW Local 712 Profit Sharing Plan's IBEW Local 712 Profit Sharing Plan reported $84M in total assets and 1,314 participants in its 2023 DOL Form 5500 filing, ranking in the 90th 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.

  • #7,522 in Finance & Insurance (8,869 peers)

Where IBEW Local 712 Profit Sharing Plan sits by assets

IBEW Local 712 Profit Sharing Plan sits in the top 10% of all filed plans by assets, $84M for 1,314 participants (~$64,114/participant), up 17.5% in 2023.

#7,522
in Finance & Insurance (8,869 peers)
+17.5%
assets growth YoY
0.8×
vs typical plan assets (national mean)

IBEW Local 712 Profit Sharing Plan's outsized position by total assets

IBEW Local 712 Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$84,246,193 Top 10% higher than 90% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

IBEW Local 712 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. IBEW Local 712 Profit Sharing Plan lands in the large band (1,314 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • IBEW Local 712 Profit Sharing Plan reported net income rose from -$16M in the plan year 2022 filing to $12M in the plan year 2023 filing.
  • IBEW Local 712 Profit Sharing Plan end-of-year assets rose from $72M in the plan year 2022 filing to $84M in the plan year 2023 filing.
  • IBEW Local 712 Profit Sharing Plan reported participants fell from 1,414 in the plan year 2022 filing to 1,314 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 251297810 · IBEW Local 712 Profit Sharing Plan PY 2023 · Profit Sharing

IBEW Local 712 Profit Sharing Plan · $84M · 1,314 · 90th

  • BOOK $84M
  • VS-ST 1,314
  • BOY 90th
  • SCH Profit Sharing
  • EBSA near Plumbers and Pipefitters Local No. 104 Annuity Fund
  • PART ind #7522

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 Finance & Insurance retirement plans → · Plans in Pennsylvania →

IBEW Local 712 Profit Sharing Plan in the asset neighbourhood

Yeshiva University After-Tax Annuity PlanYeshiva University After-Tax…$85MPipe Trades Pension of MontanaPipe Trades Pension of Monta…$85MCognia ERISA 403(b) Plan$85MIBEW Local 712 Profit Sharing PlanIBEW Local 712 Profit Sharin…$84MPlumbers and Pipefitters Local No. 104 Annuity FundPlumbers and Pipefitters Loc…$84M
End-of-year total assets ($M) among IBEW Local 712 Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$72M
Net Assets (End of Year)$84M
Net Income$12M
Employer EIN251297810
Plan Effective Date1983-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (IBEW Local 712 Profit Sharing Plan)

Sponsor-wide plan assets over time

All IBEW Local 712 Profit Sharing Plan plans reported in each filing year

Latest sponsor-wide plan assets
$203M 23.211612667881255% vs 2022
2024 filing year
$160M$180M$200M$220M 202220232024 $165M $203M ▲ +23.2%
Year Plans Participants Total Assets
2022 2 1,962 $165M
2023 2 1,979 $184M
2024 2 1,862 $203M

Nearby Profit Sharing Plans in Pennsylvania

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

IBEW Local 712 Profit Sharing Plan vs. nearby Profit Sharing plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. 0500010000150002000025000 -0.500.511.522.5 Total assets ($B) Participants IBEW Local 712 Profit Sharing Plan, Total assets ($B): 0.084246193 · Participants: 1314IBEW Local 712 Profit Sharing PlanEastern Atlantic States Carpenters Annuity Fund, Total assets ($B): 2.13036391 · Participants: 17441Eastern Atlantic States Carpenters Annuity FundUniversity of Pennsylvania Basic Plan, Total assets ($B): 1.71732421 · Participants: 21016University of Pennsylvania Basic PlanInternational Brotherhood of Electrical Workers Local Union 98 - Profit Sharing Plan, Total assets ($B): 1.126483012 · Participants: 3905International Brotherhood of Electrical Workers Local Union 98 - Profit Sharing PlanTemple University Health System, Inc. Defined Contribution Retirement Plan, Total assets ($B): 0.763491384 · Participants: 10204Temple University Health System, Inc. Defined Contribution Retirement PlanMorgan, Lewis & Bockius LLP Defined Contribution Plan, Total assets ($B): 0.71403391 · Participants: 2458Morgan, Lewis & Bockius LLP Defined Contribution Plan
IBEW Local 712 Profit Sharing Plan vs. nearby Profit Sharing plans in Pennsylvania, assets vs. participants
Compare IBEW Local 712 Profit Sharing Plan side-by-side with 3 peers →

IBEW Local 712 Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Pennsylvania, the nearest Profit Sharing by assets is Plumbers and Pipefitters Local No. 104 Annuity Fund in MA ($84M); by covered participants it is Metro-Ila Individual Account Retirement Plan in NJ (1,322 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($84M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,314 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did IBEW Local 712 Profit Sharing Plan assets move in 2023? ▼
IBEW Local 712 Profit Sharing Plan grew sharply - up 17.5% during 2023, from $72M to $84M. Reported net income was $12M.
How have IBEW Local 712 Profit Sharing Plan plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), IBEW Local 712 Profit Sharing Plan's sponsor-wide assets grew 23.2%, from $165M to $203M.
Where does IBEW Local 712 Profit Sharing Plan rank by assets among Form 5500 filers? ▼
IBEW Local 712 Profit Sharing Plan ranks in the 90th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which Profit Sharing plans are similar in size to IBEW Local 712 Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Plumbers and Pipefitters Local No. 104 Annuity Fund in MA ($84M, 347 participants).
Which Profit Sharing plans cover a similar participant headcount to IBEW Local 712 Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Metro-Ila Individual Account Retirement Plan in NJ (1,322 participants, $244M in assets).

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 251297810.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.