Profit Sharing · DOL Form 5500 · 2023

Board of Trustees IBEW Local 43 and Electrical Contractors Profit Sharing Plan

Data updated 2026-08-11

$221M
Total assets: 1,646
Participants: 95th
Percentile by assets: $134,525
Avg per participant

Official DOL plan name: IBEW Local 43 and Electrical Contractors Annuity F · Sponsored by Board of Trustees IBEW Local 43 and Electrical Contractors · New York · Construction

$221M in assets, 1,646 participants

Board of Trustees IBEW Local 43 and Electrical Contractors's IBEW Local 43 and Electrical Contractors Annuity F reported $221M in total assets and 1,646 participants in its 2023 DOL Form 5500 filing, ranking in the 95th 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.

95th percentile by assets (of 127,072 plans)
#8,510 in Construction (9,030 peers)

Coverage in New York

IBEW Local 43 and Electrical Contractors Annuity F covers 1,646 participants in New York, 2.1x the typical New York plan (state average ~798 per filing). Assets: $221M.

$221M
total plan assets (2023 EOY): 1,646
covered participants: 95th
percentile by assets (of 127,072 plans): $134,525
avg assets per participant

IBEW Local 43 and Electrical Contractors Annuity F reported net income rose from $20M in the plan year 2022 filing to $27M in the plan year 2023 filing.
IBEW Local 43 and Electrical Contractors Annuity F end-of-year assets rose from $195M in the plan year 2022 filing to $221M in the plan year 2023 filing.
IBEW Local 43 and Electrical Contractors Annuity F reported participants rose from 1,547 in the plan year 2022 filing to 1,646 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

New York

Industry

Construction

Participants vs New York filers

In New York, the average filing covers about 798 participants across 9,061 plans. IBEW Local 43 and Electrical Contractors Annuity F reports 1,646 participants - 2.1x that state average ($221M EOY assets).

New York filing particulars

Total Assets (Beginning of Year)	$195M
Net Assets (End of Year)	$221M
Net Income	$27M
Employer EIN	516052602
Plan Effective Date	1965-06-21
Filing Status	FILING RECEIVED

Sponsor Plan History (Board of Trustees IBEW Local 43 and Electrical Contractors)

Total plan assets by year, all Board of Trustees IBEW Local 43 and Electrical Contractors plans on file

Year	Plans	Participants	Total Assets
2022	1	1,547	$195M
2023	1	1,646	$221M
2024	1	1,614	$249M

Nearby Profit Sharing Plans in New York

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

IBEW Local 43 and Electrical Contractors Annuity F vs. nearby Profit Sharing plans in New York, assets vs. participants

Annuity Plan of the Electrical Industry $2.2B · 18,907
Annuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIO $1.9B · 3,402
Annuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIO $1.7B · 5,807
The Research Foundation for Suny Retirement Plan $1.2B · 10,120
Mason Tenders District Council Annuity Fund $913M · 11,237

Compare IBEW Local 43 and Electrical Contractors… side-by-side with 3 peers →

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to IBEW Local 43 and Electrical Contractors Annuity F by total assets, not by location.

Profit-Sharing Plan of Ogletree, Deakins, Nash, Smoak & Stewart (SC) $222M · 2,301
Bridgeport Hospital Employer Contribution Retirement Plan (CT) $222M · 4,229
Iron Workers of Western Pennsylvania Profit Sharing Plan (PA) $220M · 1,963
Adventist Health System/West 403(b) ERISA Plan (CA) $219M · 1,615

Frequently Asked Questions

How did IBEW Local 43 and Electrical Contractors Annuity F assets move in 2023? ▼

IBEW Local 43 and Electrical Contractors Annuity F grew at a solid clip - up 13.8% during 2023, from $195M to $221M. Reported net income was $27M.

How have Board of Trustees IBEW Local 43 and Electrical Contractors plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Board of Trustees IBEW Local 43 and Electrical Contractors's sponsor-wide assets grew 27.9%, from $195M to $249M.

Where does IBEW Local 43 and Electrical Contractors Annuity F rank by assets among Form 5500 filers? ▼

IBEW Local 43 and Electrical Contractors Annuity F ranks in the 95th 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 IBEW Local 43 and Electrical Contractors Annuity F? ▼

Among Profit Sharing plans in other states, the closest by assets is Profit-Sharing Plan of Ogletree, Deakins, Nash, Smoak & Stewart in SC ($222M, 2,301 participants).

Next read for IBEW Local 43 and Electrical Contractors…

Filing takeaways

Ways to act on IBEW Local 43 and Electrical Contractors Annuity F's numbers.

By total assets, IBEW Local 43 and Electrical Contractors Annuity F 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 New York. Compare plans
Board of Trustees IBEW Local 43 and Electrical Contractors's sponsor-wide assets have grown 27.9% since 2022 across 3 plan years on file. More Construction plans

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 516052602.