Profit Sharing · DOL Form 5500 · 2023

Board of Trustees IBEW Local No 461 Defined Contribution Pension Profit Sharing Plan

Data updated 2026-08-11

$154M
Total assets: 982
Participants: 94th
Percentile by assets: $156,722
Avg per participant

Official DOL plan name: IBEW Local No 461 Defined Contribution Pension Plan · Sponsored by Board of Trustees IBEW Local No 461 Defined Contribution Pension · Michigan · Other Services

$154M in assets, 982 participants

Board of Trustees IBEW Local No 461 Defined Contribution Pension's IBEW Local No 461 Defined Contribution Pension Plan reported $154M in total assets and 982 participants in its 2023 DOL Form 5500 filing, ranking in the 94th 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.

94th percentile by assets (of 127,072 plans)
#7,703 in Other Services (7,857 peers)

Where IBEW Local No 461 Defined Contribution Pension Plan sits by assets

IBEW Local No 461 Defined Contribution Pension Plan sits in the top 10% of all filed plans by assets, $154M for 982 participants (~$156,722/participant), up 19.7% in 2023.

$154M
total plan assets (2023 EOY): 982
covered participants: 94th
percentile by assets (of 127,072 plans): $156,722
avg assets per participant

IBEW Local No 461 Defined Contribution Pension Plan reported net income rose from -$18M in the plan year 2022 filing to $25M in the plan year 2023 filing.
IBEW Local No 461 Defined Contribution Pension Plan end-of-year assets rose from $129M in the plan year 2022 filing to $154M in the plan year 2023 filing.
IBEW Local No 461 Defined Contribution Pension Plan reported participants rose from 934 in the plan year 2022 filing to 982 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Michigan

Industry

Other Services

IBEW Local No 461 Defined Contribution Pension Plan vs the 2023 asset distribution

By assets, IBEW Local No 461 Defined Contribution Pension Plan outranks 94% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 1.5x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)	$129M
Net Assets (End of Year)	$154M
Net Income	$25M
Employer EIN	362882653
Plan Effective Date	1975-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Board of Trustees IBEW Local No 461 Defined Contribution Pension)

Total plan assets by year, all Board of Trustees IBEW Local No 461 Defined Contribution Pension plans on file

Year	Plans	Participants	Total Assets
2022	1	934	$129M
2023	1	982	$154M
2024	1	1,026	$172M

Nearby Profit Sharing Plans in Michigan

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

IBEW Local No 461 Defined Contribution Pension Plan vs. nearby Profit Sharing plans in Michigan, assets vs. participants

Henry Ford Health System Retirement Savings Plan $1.7B · 14,349
Construction Industry Retirement Fund of Rockford $564M · 10,685
Ohio Carpenters' Annuity Plan $410M · 9,314
Hemlock Semiconductor Operations LLC Employees' Capital Accumulation Plan $288M · 1,404
NECA-IBEW Memphis Retirement Plan $213M · 2,389

Compare IBEW Local No 461 Defined Contribution P… side-by-side with 3 peers →

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to IBEW Local No 461 Defined Contribution Pension Plan by total assets, not by location.

Sheet Metal Workers' Local 33 Profit Sharing Annuity Plan (OH) $154M · 4,214
Southern Ohio Medical Center Retirement Savings Program (OH) $155M · 3,054
Alberici Companies Retirement Plan (MO) $155M · 390
New Jersey B.a.C. Annuity Fund (NJ) $151M · 1,453

Frequently Asked Questions

How did IBEW Local No 461 Defined Contribution Pension Plan assets move in 2023? ▼

IBEW Local No 461 Defined Contribution Pension Plan grew sharply - up 19.7% during 2023, from $129M to $154M. Reported net income was $25M.

How have Board of Trustees IBEW Local No 461 Defined Contribution Pension plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Board of Trustees IBEW Local No 461 Defined Contribution Pension's sponsor-wide assets grew 33.5%, from $129M to $172M.

Where does IBEW Local No 461 Defined Contribution Pension Plan rank by assets among Form 5500 filers? ▼

IBEW Local No 461 Defined Contribution Pension Plan ranks in the 94th 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 No 461 Defined Contribution Pension Plan? ▼

Among Profit Sharing plans in other states, the closest by assets is Sheet Metal Workers' Local 33 Profit Sharing Annuity Plan in OH ($154M, 4,214 participants).

Next read for IBEW Local No 461 Defined Contribution P…

Scale reading

Ways to act on IBEW Local No 461 Defined Contribution Pension Plan's numbers.

By total assets, IBEW Local No 461 Defined Contribution Pension Plan ranks in the top 10% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Profit Sharing plans in Michigan. Compare plans
Board of Trustees IBEW Local No 461 Defined Contribution Pension's sponsor-wide assets have grown 33.5% since 2022 across 3 plan years on file. More Other Services plans

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 362882653.