Profit Sharing
2023 plan-year Profit Sharing DOL Form 5500

BOARD OF ELECTRICAL WORKERS LOCAL #26 I.A. INDIVIDUAL ACCOUNT PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

BD OF TRUSTEES FOR ELECTRICAL WKRS LOC NO. 26 INDIVIDUAL ACCOUNT FUND

This Profit Sharing plan holds $1.1B in total assets and serves 11,479 participants as of 2023. It is sponsored by BD OF TRUSTEES FOR ELECTRICAL WKRS LOC NO. 26 INDIVIDUAL ACCOUNT FUND in Maryland. The plan reported positive net income of $185M for the year.

Total Assets (2023)
$1.1B
Participants
11,479
State
Industry
Construction

What the Filing Says About BOARD OF ELECTRICAL WORKERS LOCAL #26 I.A. INDIVIDUAL ACCOUNT PLAN

BOARD OF ELECTRICAL WORKERS LOCAL #26 I.A. INDIVIDUAL ACCOUNT PLAN is a Profit Sharing retirement plan sponsored by BD OF TRUSTEES FOR ELECTRICAL WKRS LOC NO. 26 INDIVIDUAL ACCOUNT FUND, headquartered in Maryland. As of the 2023 Form 5500 filing, the plan reports $1.1B in total end-of-year assets and covers 11,479 participants across the Construction industry. The sponsor's EIN on file with the U.S. Department of Labor is 521250801, and the plan has been effective since 1982-05-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $948M at the beginning of 2023 to $1.1B at year-end — a gain of 19.5%. Net assets (after liabilities) closed the year at $1.1B, with reported net income of $185M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$948M
Total Assets (End of Year)$1.1B
Net Assets (End of Year)$1.1B
Net Income$185M
Plan TypeProfit Sharing
Employer EIN521250801
Plan Effective Date1982-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (BD OF TRUSTEES FOR ELECTRICAL WKRS LOC NO. 26 INDIVIDUAL ACCOUNT FUND)

Year Plans Participants Total Assets
2022 1 11,128 $948M
2023 1 11,479 $1.1B
2024 1 11,691 $1.3B

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Frequently Asked Questions

How much money is in the BOARD OF ELECTRICAL WORKERS LOCAL #26 I.A. INDIVIDUAL ACCOUNT PLAN?
As of the 2023 Form 5500 filing, BOARD OF ELECTRICAL WORKERS LOCAL #26 I.A. INDIVIDUAL ACCOUNT PLAN holds $1.1B in total assets with 11,479 participants. It is sponsored by BD OF TRUSTEES FOR ELECTRICAL WKRS LOC NO. 26 INDIVIDUAL ACCOUNT FUND.
What type of plan is BOARD OF ELECTRICAL WORKERS LOCAL #26 I.A. INDIVIDUAL ACCOUNT PLAN?
BOARD OF ELECTRICAL WORKERS LOCAL #26 I.A. INDIVIDUAL ACCOUNT PLAN is a Profit Sharing plan. It has been effective since 1982-05-01. The plan is filed with the U.S. Department of Labor under EIN 521250801.
Who sponsors the BOARD OF ELECTRICAL WORKERS LOCAL #26 I.A. INDIVIDUAL ACCOUNT PLAN?
BOARD OF ELECTRICAL WORKERS LOCAL #26 I.A. INDIVIDUAL ACCOUNT PLAN is sponsored by BD OF TRUSTEES FOR ELECTRICAL WKRS LOC NO. 26 INDIVIDUAL ACCOUNT FUND, located in Maryland. The sponsor's EIN is 521250801 and the plan operates in the Construction industry.
How did BOARD OF ELECTRICAL WORKERS LOCAL #26 I.A. INDIVIDUAL ACCOUNT PLAN perform in 2023?
BOARD OF ELECTRICAL WORKERS LOCAL #26 I.A. INDIVIDUAL ACCOUNT PLAN grew by 19.5% during 2023, moving from $948M to $1.1B in total assets. Net income was $185M.
Where can I find official filings for BOARD OF ELECTRICAL WORKERS LOCAL #26 I.A. INDIVIDUAL ACCOUNT PLAN?
Official Form 5500 filings for BOARD OF ELECTRICAL WORKERS LOCAL #26 I.A. INDIVIDUAL ACCOUNT PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 521250801 or plan name at efast.dol.gov.
How does BOARD OF ELECTRICAL WORKERS LOCAL #26 I.A. INDIVIDUAL ACCOUNT PLAN compare to other plans?
You can compare BOARD OF ELECTRICAL WORKERS LOCAL #26 I.A. INDIVIDUAL ACCOUNT PLAN against other Profit Sharing plans on the plan type page, or view plans in Maryland on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

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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 521250801.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.