401(k) · DOL Form 5500 · 2023

Local Union 94 I.B.E.W. 401(k) Plan

Data updated 2026-08-25

$21M
Total assets Small plan by assets: 2,080
Participants Near avg headcount: 73rd
Percentile by assets National rank: $10,001
Avg per participant Low balance/head

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Official DOL plan name: IBEW Local Union 94 Annuity Fund · Sponsored by Local Union 94 I.B.E.W. · New Jersey · Utilities

$21M in assets, 2,080 participants

Local Union 94 I.B.E.W.'s IBEW Local Union 94 Annuity Fund reported $21M in total assets and 2,080 participants in its 2023 DOL Form 5500 filing, ranking in the 73rd 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.

#255 in Utilities (721 peers)

Coverage in New Jersey

IBEW Local Union 94 Annuity Fund covers 2,080 participants in New Jersey, 2.5x the typical New Jersey plan (state average ~844 per filing). Assets: $21M.

#255
in Utilities (721 peers): +14.8%
assets growth YoY

IBEW Local Union 94 Annuity Fund's outsized position by total assets

IBEW Local Union 94 Annuity Fund vs every filed plan by assets

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

$20,801,204 Top 27% higher than 73% 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 Union 94 Annuity Fund'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 Union 94 Annuity Fund lands in the large band (2,080 participants).

Micro (1-10) 35,718 filings (27%) Small (11-100) 27,089 filings (21%) Medium (101-1,000) 55,445 filings (43%) Large (1,001-10,000) 10,273 filings (8%) Mega (10,000+) 1,374 filings (1%)

IBEW Local Union 94 Annuity Fund reported net income rose from -$3M in the plan year 2022 filing to $3M in the plan year 2023 filing.
IBEW Local Union 94 Annuity Fund end-of-year assets rose from $18M in the plan year 2022 filing to $21M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 223314988 · Local Union 94 I.B.E.W. PY 2023 · 401(k)

IBEW Local Union 94 Annuity Fund · $21M · 2,080 · 73rd

PHOTO $21M
IND 2,080
EOY 73rd
5500 401(k)
ASSETS near Suss Microtec, Inc 401(k) Plan
PCT ind #255

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 Utilities retirement plans → · Plans in New Jersey →

End-of-year total assets ($M) among IBEW Local Union 94 Annuity Fund and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

New Jersey filing particulars

Total Assets (Beginning of Year)	$18M
Net Assets (End of Year)	$21M
Net Income	$3M
Employer EIN	223314988
Plan Effective Date	1999-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Local Union 94 I.B.E.W.)

Latest sponsor-wide plan assets: $24M 33.00857881280692% vs 2022; 2024 filing year

Year	Plans	Participants	Total Assets
2022	1	2,080	$18M
2023	1	2,080	$21M
2024	1	2,080	$24M

Nearby 401(k) Plans in New Jersey

Peer 401(k) plans, same state, same plan type, ranked by total assets.

IBEW Local Union 94 Annuity Fund vs. nearby 401(k) plans in New Jersey, assets vs. participants

JPMorgan Chase 401(k) Savings Plan $44.6B · 176,610
Verizon Savings Plan for Management Employees $27.8B · 78,072
Johnson and Johnson Savings Plan $22.2B · 41,291
Ernst & Young Retirement Savings Plan $15.5B · 59,346
Merck US Savings Plan $13.4B · 26,850

Compare IBEW Local Union 94 Annuity Fund side-by-side with 3 peers →

IBEW Local Union 94 Annuity Fund's out-of-state 401(k) peers by assets and headcount

Outside New Jersey, the nearest 401(k) by assets is Suss Microtec, Inc 401(k) Plan in CA ($21M); by covered participants it is Millennium International Management LP Savings Plan in NY (2,079 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($21M here).

Suss Microtec, Inc 401(k) Plan (CA) $21M · 65
Nasco 401(k) Plan (WI) $21M · 349
Sprague Retirement Plan (WA) $21M · 221
Ob-Gyn Associates of Erie 401(k) Profit Sharing Plan (PA) $21M · 133

Similar participant headcount

Nearest other-state filings by covered participants (2,080 participants); asset peers above are excluded.

Millennium International Management LP Savings Plan (NY) 2,079 · 1 off
Shamrock Trading Corporation 401(k) Profit Sharing Plan (KS) 2,079 · 1 off
R.E. Michel Company, LLC 401(k) Profit Sharing and Savings Plan (MD) 2,079 · 1 off
Cpm & Rosemurgy Properties 401(k) Retirement Plan (FL) 2,079 · 1 off

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 Union 94 Annuity Fund assets move in 2023? ▼

IBEW Local Union 94 Annuity Fund grew at a solid clip - up 14.8% during 2023, from $18M to $21M. Reported net income was $3M.

How have Local Union 94 I.B.E.W. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Local Union 94 I.B.E.W.'s sponsor-wide assets grew 33.0%, from $18M to $24M.

Which 401(k) plans are similar in size to IBEW Local Union 94 Annuity Fund? ▼

Among 401(k) plans in other states, the closest by assets is Suss Microtec, Inc 401(k) Plan in CA ($21M, 65 participants).

Which 401(k) plans cover a similar participant headcount to IBEW Local Union 94 Annuity Fund? ▼

Among 401(k) plans in other states, the closest by covered participants is Millennium International Management LP Savings Plan in NY (2,079 participants, $424M 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 223314988.