Profit Sharing · DOL Form 5500 · 2023

Joint Board of Trustee of I.B.E.W. Profit Sharing Plan

Data updated 2026-08-11

$30M
Total assets
340
Participants
79th
Percentile by assets
$87,988
Avg per participant
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Official DOL plan name: I.B.E.W. Local #490 Annuity Plan · Sponsored by Joint Board of Trustee of I.B.E.W. · New Hampshire · Construction

$30M in assets, 340 participants

Joint Board of Trustee of I.B.E.W.'s I.B.E.W. Local #490 Annuity Plan reported $30M in total assets and 340 participants in its 2023 DOL Form 5500 filing, ranking in the 79th 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.

  • 79th percentile by assets (of 127,072 plans)
  • #7,004 in Construction (9,030 peers)

Where I.B.E.W. Local #490 Annuity Plan sits by assets

I.B.E.W. Local #490 Annuity Plan sits in the top quartile of all filed plans by assets, $30M for 340 participants (~$87,988/participant), up 13.0% in 2023.

$30M
total plan assets (2023 EOY)
340
covered participants
79th
percentile by assets (of 127,072 plans)
$87,988
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • I.B.E.W. Local #490 Annuity Plan reported net income rose from $511K in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • I.B.E.W. Local #490 Annuity Plan end-of-year assets rose from $26M in the plan year 2022 filing to $30M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Industry

I.B.E.W. Local #490 Annuity Plan vs the 2023 asset distribution

By assets, I.B.E.W. Local #490 Annuity Plan outranks 79% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 0.3x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$26M
Net Assets (End of Year)$30M
Net Income$3M
Employer EIN026075267
Plan Effective Date1988-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Joint Board of Trustee of I.B.E.W.)

$25M$30M$35M 202220232024 $26.5M $33.2M ▲ +25.3%
Total plan assets by year, all Joint Board of Trustee of I.B.E.W. plans on file
Year Plans Participants Total Assets
2022 1 341 $26M
2023 1 340 $30M
2024 1 324 $33M

Nearby Profit Sharing Plans in New Hampshire

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

I.B.E.W. Local #490 Annuity Plan vs. nearby Profit Sharing plans in New Hampshire, assets vs. participants

I.B.E.W. Local #490 Annuity Plan vs. nearby Profit Sharing plans in New Hampshire, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -0.500.511.5 Total assets ($B) Participants I.B.E.W. Local #490 …Dartmouth-Hitchcock …Southern New Hampshi…Net Lease Capital Ad…Impax Asset Manageme…The Riverwoods Group…
I.B.E.W. Local #490 Annuity Plan vs. nearby Profit Sharing plans in New Hampshire, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to I.B.E.W. Local #490 Annuity Plan by total assets, not by location.

Frequently Asked Questions

How did I.B.E.W. Local #490 Annuity Plan assets move in 2023?
I.B.E.W. Local #490 Annuity Plan grew at a solid clip - up 13.0% during 2023, from $26M to $30M. Reported net income was $3M.
How have Joint Board of Trustee of I.B.E.W. plan assets changed over time?
Across 3 plan years on file (2022-2024), Joint Board of Trustee of I.B.E.W.'s sponsor-wide assets grew 25.3%, from $26M to $33M.
Where does I.B.E.W. Local #490 Annuity Plan rank by assets among Form 5500 filers?
I.B.E.W. Local #490 Annuity Plan ranks in the 79th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which Profit Sharing plans are similar in size to I.B.E.W. Local #490 Annuity Plan?
Among Profit Sharing plans in other states, the closest by assets is Burgers Employees Profit Sharing Plan and Trust in MO ($30M, 316 participants).

Next read for I.B.E.W. Local #490 Annuity Plan

Scale reading

Ways to act on I.B.E.W. Local #490 Annuity Plan's numbers.

  • By total assets, I.B.E.W. Local #490 Annuity Plan ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Profit Sharing plans in New Hampshire. Compare plans
  • Joint Board of Trustee of I.B.E.W.'s sponsor-wide assets have grown 25.3% since 2022 across 3 plan years on file. More Construction plans