Profit Sharing · DOL Form 5500 · 2023
Board of Trustees, Electrical Workers IBEW Local 163 Annuity Fund Profit Sharing Plan
Data updated 2026-08-25
- $115M
- Total assets Near avg plan size
- 413
- Participants Below avg headcount
- 92nd
- Percentile by assets National rank
- $279,516
- Avg per participant High balance/head
Official DOL plan name: Electrical Workers IBEW Local 163 Annuity Fund · Sponsored by Board of Trustees, Electrical Workers IBEW Local 163 Annuity Fund · New Jersey · Construction
$115M in assets, 413 participants
Board of Trustees, Electrical Workers IBEW Local 163 Annuity Fund's Electrical Workers IBEW Local 163 Annuity Fund reported $115M in total assets and 413 participants in its 2023 DOL Form 5500 filing, ranking in the 92nd 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.
- #8,181 in Construction (9,030 peers)
Coverage in New Jersey
Electrical Workers IBEW Local 163 Annuity Fund covers 413 participants in New Jersey, about 49% of the average New Jersey filer (state average ~844 per filing). Assets: $115M.
- #8,181
- in Construction (9,030 peers)
- +17.9%
- assets growth YoY
- 1.2×
- vs typical plan assets (national mean)
Electrical Workers IBEW Local 163 Annuity Fund's outsized position by total assets
Electrical Workers IBEW Local 163 Annuity Fund vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$115,440,270 Top 8% higher than 92% 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
Electrical Workers IBEW Local 163 Annuity Fund 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. Electrical Workers IBEW Local 163 Annuity Fund sits mid-pack in the medium band (413 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Electrical Workers IBEW Local 163 Annuity Fund reported net income rose from -$6M in the plan year 2022 filing to $18M in the plan year 2023 filing.
- Electrical Workers IBEW Local 163 Annuity Fund end-of-year assets rose from $98M in the plan year 2022 filing to $115M in the plan year 2023 filing.
- Electrical Workers IBEW Local 163 Annuity Fund reported participants rose from 392 in the plan year 2022 filing to 413 in the plan year 2023 filing.
EBSA filing schedule strip
Filing strip 236544827 · Board of Trustees, Electrical Workers IBEW Local 163 Annuity Fund PY 2023 · Profit Sharing
Electrical Workers IBEW Local 163 Annuity Fund · $115M · 413 · 92nd
- EBSA $115M
- PART 413
- TYPE 92nd
- NET Profit Sharing
- BOOK near IBEW Local No. 236 Annuity Plan
- VS-ST ind #8181
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 Construction retirement plans → · Plans in New Jersey →
Electrical Workers IBEW Local 163 Annuity Fund in the asset neighbourhood
New Jersey filing particulars
| Total Assets (Beginning of Year) | $98M |
|---|---|
| Net Assets (End of Year) | $115M |
| Net Income | $18M |
| Employer EIN | 236544827 |
| Plan Effective Date | 1970-04-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees, Electrical Workers IBEW Local 163 Annuity Fund)
Sponsor-wide plan assets over time
All Board of Trustees, Electrical Workers IBEW Local 163 Annuity Fund plans reported in each filing year
- Latest sponsor-wide plan assets
- $125M 28.052043591394316% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 392 | $98M |
| 2023 | 1 | 413 | $115M |
| 2024 | 1 | 480 | $125M |
Nearby Profit Sharing Plans in New Jersey
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
- Ernst & Young Partnership Retirement (Hr-10) Plan $2.5B · 1,843
- Operating Engineers Local 825 Profit Sharing Fund $1.4B · 10,336
- Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan $1.4B · 8,602
- IBEW Local Union No 102 Surety Plan $637M · 2,283
- Kpmg Partner Retirement Savings Plan $529M · 1,895
Electrical Workers IBEW Local 163 Annuity Fund's out-of-state Profit Sharing peers by assets and headcount
Outside New Jersey, the nearest Profit Sharing by assets is IBEW Local No. 236 Annuity Plan in NY ($116M); by covered participants it is Health Partners of Western Ohio 403(b) Plan in OH (413 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($115M here).
- IBEW Local No. 236 Annuity Plan (NY) $116M · 2,058
- Stanford Health Care Tri-Valley 403(b) Plan (CA) $116M · 1,498
- Riverside Healthcare 401(a) Savings Plan (IL) $117M · 2,277
- The Medical Faculty Associates 401(a) Retirement Plan (DC) $114M · 1,042
Similar participant headcount
Nearest other-state filings by covered participants (413 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.