Profit Sharing · DOL Form 5500 · 2023

The Board of Trustees of the Union Individual Account Retirement Fund Profit Sharing Plan

Data updated 2026-08-11

$280M
Total assets
3,203
Participants
96th
Percentile by assets
$87,387
Avg per participant
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Official DOL plan name: Union Individual Account Retirement Fund · Sponsored by The Board of Trustees of the Union Individual Account Retirement Fund · Wisconsin · Construction

$280M in assets, 3,203 participants

The Board of Trustees of the Union Individual Account Retirement Fund's Union Individual Account Retirement Fund reported $280M in total assets and 3,203 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.

  • 96th percentile by assets (of 127,072 plans)
  • #8,591 in Construction (9,030 peers)

Coverage in Wisconsin

Union Individual Account Retirement Fund covers 3,203 participants in Wisconsin, 5.7x the typical Wisconsin plan (state average ~563 per filing). Assets: $280M.

$280M
total plan assets (2023 EOY)
3,203
covered participants
96th
percentile by assets (of 127,072 plans)
$87,387
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Union Individual Account Retirement Fund reported net income rose from -$20M in the plan year 2022 filing to $31M in the plan year 2023 filing.
  • Union Individual Account Retirement Fund reported participants rose from 2,646 in the plan year 2022 filing to 3,203 in the plan year 2023 filing.
  • Union Individual Account Retirement Fund end-of-year assets rose from $249M in the plan year 2022 filing to $280M in the plan year 2023 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs Wisconsin filers

In Wisconsin, the average filing covers about 563 participants across 2,940 plans. Union Individual Account Retirement Fund reports 3,203 participants - 5.7x that state average ($280M EOY assets).

Wisconsin filing particulars

Total Assets (Beginning of Year)$249M
Net Assets (End of Year)$280M
Net Income$31M
Employer EIN391318667
Plan Effective Date1978-06-05
Filing StatusFILING RECEIVED

Sponsor Plan History (The Board of Trustees of the Union Individual Account Retirement Fund)

$240M$260M$280M$300M$320M 202220232024 $249M $309M ▲ +24.3%
Total plan assets by year, all The Board of Trustees of the Union Individual Account Retirement Fund plans on file
Year Plans Participants Total Assets
2022 1 2,646 $249M
2023 1 3,203 $280M
2024 1 3,507 $309M

Nearby Profit Sharing Plans in Wisconsin

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

Union Individual Account Retirement Fund vs. nearby Profit Sharing plans in Wisconsin, assets vs. participants

Union Individual Account Retirement Fund vs. nearby Profit Sharing plans in Wisconsin, assets vs. participants Scatter plot of 6 data points. 020004000600080001000012000 00.511.5 Total assets ($B) Participants Union Individual Acc…The Northwestern Mut…Aspirus, Inc. Retire…Electrical Workers L…Retirement Plan for …Western Wisconsin El…
Union Individual Account Retirement Fund vs. nearby Profit Sharing plans in Wisconsin, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Union Individual Account Retirement Fund by total assets, not by location.

Frequently Asked Questions

How did Union Individual Account Retirement Fund assets move in 2023?
Union Individual Account Retirement Fund grew at a solid clip - up 12.4% during 2023, from $249M to $280M. Reported net income was $31M.
How have The Board of Trustees of the Union Individual Account Retirement Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), The Board of Trustees of the Union Individual Account Retirement Fund's sponsor-wide assets grew 24.3%, from $249M to $309M.
Where does Union Individual Account Retirement Fund rank by assets among Form 5500 filers?
Union Individual Account Retirement Fund ranks in the 96th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which Profit Sharing plans are similar in size to Union Individual Account Retirement Fund?
Among Profit Sharing plans in other states, the closest by assets is IBEW Local 150 Supplemental Pension Fund in KY ($279M, 1,293 participants).

Next read for Union Individual Account Retirement Fund

Filing takeaways

Ways to act on Union Individual Account Retirement Fund's numbers.

  • By total assets, Union Individual Account Retirement Fund ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Profit Sharing plans in Wisconsin. Compare plans
  • The Board of Trustees of the Union Individual Account Retirement Fund's sponsor-wide assets have grown 24.3% since 2022 across 3 plan years on file. More Construction plans