401(k) · DOL Form 5500 · 2023
IBEW Local Union 305 Pension Plan Board of Trustees 401(k) Plan
Data updated 2026-08-25
- $90M
- Total assets Below avg plan size
- 737
- Participants Near avg headcount
- 90th
- Percentile by assets National rank
- $121,689
- Avg per participant Near avg balance/head
Official DOL plan name: International Brotherhood of Electrical Workers Local Union 305 Pension Plan · Sponsored by IBEW Local Union 305 Pension Plan Board of Trustees · Indiana · Construction
$90M in assets, 737 participants
IBEW Local Union 305 Pension Plan Board of Trustees's International Brotherhood of Electrical Workers Local Union 305 Pension Plan reported $90M in total assets and 737 participants in its 2023 DOL Form 5500 filing, ranking in the 90th 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.
- #8,013 in Construction (9,030 peers)
Where International Brotherhood of Electrical Workers Local Union 305 Pension Plan sits by assets
International Brotherhood of Electrical Workers Local Union 305 Pension Plan sits in the top 10% of all filed plans by assets, $90M for 737 participants (~$121,689/participant), up 17.5% in 2023.
- #8,013
- in Construction (9,030 peers)
- +17.5%
- assets growth YoY
- 0.9×
- vs typical plan assets (national mean)
International Brotherhood of Electrical Workers Local Union 305 Pension Plan's outsized position by total assets
International Brotherhood of Electrical Workers Local Union 305 Pension Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$89,684,532 Top 10% higher than 90% 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
International Brotherhood of Electrical Workers Local Union 305 Pension Plan 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. International Brotherhood of Electrical Workers Local Union 305 Pension Plan sits mid-pack in the medium band (737 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- International Brotherhood of Electrical Workers Local Union 305 Pension Plan reported net income rose from -$2M in the plan year 2022 filing to $13M in the plan year 2023 filing.
- International Brotherhood of Electrical Workers Local Union 305 Pension Plan end-of-year assets rose from $76M in the plan year 2022 filing to $90M in the plan year 2023 filing.
- International Brotherhood of Electrical Workers Local Union 305 Pension Plan reported participants rose from 719 in the plan year 2022 filing to 737 in the plan year 2023 filing.
Form 5500 schedule snapshot
Filing strip 350415460 · IBEW Local Union 305 Pension Plan Board of Trustees PY 2023 · 401(k)
International Brotherhood of Electrical Workers Local Union 305 Pension Plan · $90M · 737 · 90th
- 5500 $90M
- 5500 737
- 5500 90th
- 5500 401(k)
- 5500 near Victory Automotive Group 401(k) Plan
- 5500 ind #8013
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 Indiana →
International Brotherhood of Electrical Workers Local Union 305 Pension Plan in the asset neighbourhood
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $76M |
|---|---|
| Net Assets (End of Year) | $90M |
| Net Income | $13M |
| Employer EIN | 350415460 |
| Plan Effective Date | 1986-06-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (IBEW Local Union 305 Pension Plan Board of Trustees)
Sponsor-wide plan assets over time
All IBEW Local Union 305 Pension Plan Board of Trustees plans reported in each filing year
- Latest sponsor-wide plan assets
- $99M 29.663290701512636% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 719 | $76M |
| 2023 | 1 | 737 | $90M |
| 2024 | 1 | 749 | $99M |
Nearby 401(k) Plans in Indiana
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- The Lilly Employee 401(k) Plan $11.1B · 17,583
- Elevance Health 401(k) Plan $11.0B · 76,590
- Cummins Retirement and Savings Plan $5.7B · 28,381
- Iu Health 401(k) Savings Plan $3.9B · 38,575
- Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan $2.6B · 9,015
International Brotherhood of Electrical Workers Local Union 305 Pension Plan's out-of-state 401(k) peers by assets and headcount
Outside Indiana, the nearest 401(k) by assets is Victory Automotive Group 401(k) Plan in MI ($90M); by covered participants it is Burroughs 401(k) Plan in MI (737 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($90M here).
- Victory Automotive Group 401(k) Plan (MI) $90M · 2,025
- Trenam Law 401(k) Plan (FL) $90M · 152
- Teijin Automotive Technologies 401(k) Plan (MI) $90M · 4,520
- Avi Foodsystems, Inc. 401(k) Retirement Savings Plan (OH) $90M · 3,937
Similar participant headcount
Nearest other-state filings by covered participants (737 participants); asset peers above are excluded.
- Burroughs 401(k) Plan (MI) 737 · 0 off
- Cnb Bank Employees' Savings & Profit Sharing Plan and Trust (PA) 737 · 0 off
- Auto-Chlor System, Inc. Profit Sharing and 401(k) Plan (CA) 737 · 0 off
- Suit-Kote Corporation Employees' Retirement Plan (NY) 737 · 0 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.