401(k) · DOL Form 5500 · 2023

Jt Board Trustees IBEW Local 252 401(k) Plan

Data updated 2026-08-11

$126M
Total assets
1,295
Participants
93rd
Percentile by assets
$97,535
Avg per participant
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Official DOL plan name: IBEW Local Union No 252 Def Contrib Plan 401(k) Plan · Sponsored by Jt Board Trustees IBEW Local 252 · Michigan · Construction

$126M in assets, 1,295 participants

Jt Board Trustees IBEW Local 252's IBEW Local Union No 252 Def Contrib Plan 401(k) Plan reported $126M in total assets and 1,295 participants in its 2023 DOL Form 5500 filing, ranking in the 93rd 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.

  • 93rd percentile by assets (of 127,072 plans)
  • #8,233 in Construction (9,030 peers)

Coverage in Michigan

IBEW Local Union No 252 Def Contrib Plan 401(k) Plan covers 1,295 participants in Michigan, 2.0x the typical Michigan plan (state average ~638 per filing). Assets: $126M.

$126M
total plan assets (2023 EOY)
1,295
covered participants
93rd
percentile by assets (of 127,072 plans)
$97,535
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • IBEW Local Union No 252 Def Contrib Plan 401(k) Plan reported net income rose from $3M in the plan year 2022 filing to $18M in the plan year 2023 filing.
  • IBEW Local Union No 252 Def Contrib Plan 401(k) Plan end-of-year assets rose from $109M in the plan year 2022 filing to $126M in the plan year 2023 filing.
  • IBEW Local Union No 252 Def Contrib Plan 401(k) Plan reported participants rose from 1,184 in the plan year 2022 filing to 1,295 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Participants vs Michigan filers

In Michigan, the average filing covers about 638 participants across 4,220 plans. IBEW Local Union No 252 Def Contrib Plan 401(k) Plan reports 1,295 participants - 2.0x that state average ($126M EOY assets).

Michigan filing particulars

Total Assets (Beginning of Year)$109M
Net Assets (End of Year)$126M
Net Income$18M
Employer EIN386323896
Plan Effective Date1993-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Jt Board Trustees IBEW Local 252)

$250M$300M$350M$400M$450M 202220232024 $301M $397M ▲ +32.1%
Total plan assets by year, all Jt Board Trustees IBEW Local 252 plans on file
Year Plans Participants Total Assets
2022 2 1,761 $301M
2023 2 1,868 $356M
2024 2 1,873 $397M

Nearby 401(k) Plans in Michigan

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

IBEW Local Union No 252 Def Contrib Plan 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

IBEW Local Union No 252 Def Contrib Plan 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants IBEW Local Union No …General Motors Retir…Ford Motor Co. Savin…The Dow Chemical Com…The General Motors P…Ford Motor Co. Tax-E…
IBEW Local Union No 252 Def Contrib Plan 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to IBEW Local Union No 252 Def Contrib Plan 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did IBEW Local Union No 252 Def Contrib Plan 401(k) Plan assets move in 2023?
IBEW Local Union No 252 Def Contrib Plan 401(k) Plan grew sharply - up 16.4% during 2023, from $109M to $126M. Reported net income was $18M.
How have Jt Board Trustees IBEW Local 252 plan assets changed over time?
Across 3 plan years on file (2022-2024), Jt Board Trustees IBEW Local 252's sponsor-wide assets grew 32.1%, from $301M to $397M.
Where does IBEW Local Union No 252 Def Contrib Plan 401(k) Plan rank by assets among Form 5500 filers?
IBEW Local Union No 252 Def Contrib Plan 401(k) Plan ranks in the 93rd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to IBEW Local Union No 252 Def Contrib Plan 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Marten Transport Retirement Savings Plan in WI ($126M, 4,047 participants).

Next read for IBEW Local Union No 252 Def Contrib Plan…

Filing takeaways

Ways to act on IBEW Local Union No 252 Def Contrib Plan 401(k) Plan's numbers.

  • By total assets, IBEW Local Union No 252 Def Contrib Plan 401(k) Plan ranks in the top 10% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Michigan. Compare plans
  • Jt Board Trustees IBEW Local 252's sponsor-wide assets have grown 32.1% since 2022 across 3 plan years on file. More Construction plans