Profit Sharing · DOL Form 5500 · 2023
Board of Trustees IBEW Local No 461 Defined Contribution Pension Profit Sharing Plan
Data updated 2026-08-25
- $154M
- Total assets Near avg plan size
- 982
- Participants Near avg headcount
- 94th
- Percentile by assets National rank
- $156,722
- Avg per participant Above avg balance/head
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.
- #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.
- #7,703
- in Other Services (7,857 peers)
- +19.7%
- assets growth YoY
- 1.5×
- vs typical plan assets (national mean)
IBEW Local No 461 Defined Contribution Pension Plan's outsized position by total assets
IBEW Local No 461 Defined Contribution Pension Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$153,900,903 Top 6% higher than 94% 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
IBEW Local No 461 Defined Contribution Pension 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. IBEW Local No 461 Defined Contribution Pension Plan sits mid-pack in the medium band (982 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- 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.
Plan-year Form 5500 strip
Filing strip 362882653 · Board of Trustees IBEW Local No 461 Defined Contribution Pension PY 2023 · Profit Sharing
IBEW Local No 461 Defined Contribution Pension Plan · $154M · 982 · 94th
- VS-ST $154M
- BOY 982
- SCH 94th
- EBSA Profit Sharing
- PART near Sheet Metal Workers' Local 33 Profit Sharing Annuity Plan
- TYPE ind #7703
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 Michigan →
IBEW Local No 461 Defined Contribution Pension Plan in the asset neighbourhood
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)
Sponsor-wide plan assets over time
All Board of Trustees IBEW Local No 461 Defined Contribution Pension plans reported in each filing year
- Latest sponsor-wide plan assets
- $172M 33.45906549616459% vs 2022
- 2024 filing year
| 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.
- 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
IBEW Local No 461 Defined Contribution Pension Plan's out-of-state Profit Sharing peers by assets and headcount
Outside Michigan, the nearest Profit Sharing by assets is Sheet Metal Workers' Local 33 Profit Sharing Annuity Plan in OH ($154M); by covered participants it is Sheet Metal Workers Local Union No. 12 Annuity Fund in PA (980 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($154M here).
- 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
Similar participant headcount
Nearest other-state filings by covered participants (982 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.