401(k) · DOL Form 5500 · 2023

International Brotherhood of Elec Workers Union Local 7 401(k) Plan

Data updated 2026-08-25

$73M
Total assets Below avg plan size
803
Participants Near avg headcount
89th
Percentile by assets National rank
$91,181
Avg per participant Below avg balance/head
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Official DOL plan name: The International Brotherhood of Electrical Workers Local 7 Annuity Plan · Sponsored by International Brotherhood of Elec Workers Union Local 7 · Connecticut · Construction

$73M in assets, 803 participants

International Brotherhood of Elec Workers Union Local 7's The International Brotherhood of Electrical Workers Local 7 Annuity Plan reported $73M in total assets and 803 participants in its 2023 DOL Form 5500 filing, ranking in the 89th 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.

  • #7,852 in Construction (9,030 peers)

Where The International Brotherhood of Electrical Workers Local 7 Annuity Plan sits by assets

The International Brotherhood of Electrical Workers Local 7 Annuity Plan sits in the top quartile of all filed plans by assets, $73M for 803 participants (~$91,181/participant), up 10.9% in 2023.

#7,852
in Construction (9,030 peers)
+10.9%
assets growth YoY
0.7×
vs typical plan assets (national mean)

The International Brotherhood of Electrical Workers Local 7 Annuity Plan's outsized position by total assets

The International Brotherhood of Electrical Workers Local 7 Annuity Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$73,217,987 Top 11% higher than 89% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

The International Brotherhood of Electrical Workers Local 7 Annuity 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. The International Brotherhood of Electrical Workers Local 7 Annuity Plan sits mid-pack in the medium band (803 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The International Brotherhood of Electrical Workers Local 7 Annuity Plan reported net income rose from $255K in the plan year 2022 filing to $7M in the plan year 2023 filing.
  • The International Brotherhood of Electrical Workers Local 7 Annuity Plan end-of-year assets rose from $66M in the plan year 2022 filing to $73M in the plan year 2023 filing.
  • The International Brotherhood of Electrical Workers Local 7 Annuity Plan reported participants rose from 790 in the plan year 2022 filing to 803 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 042733497 · International Brotherhood of Elec Workers Union Local 7 PY 2023 · 401(k)

The International Brotherhood of Electrical Workers Local 7 Annuity Plan · $73M · 803 · 89th

  • IND $73M
  • EOY 803
  • 5500 89th
  • ASSETS 401(k)
  • PCT near Marborg Industries 401(k) Plan
  • EIN ind #7852

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 Connecticut →

The International Brotherhood of Electrical Workers Local 7 Annuity Plan in the asset neighbourhood

Neapco Holdings, LLC 401(k) Retirement Savings PlanNeapco Holdings, LLC 401(k) …$73MTexas Independent Bancshares, Inc. 401(k) Employee Stock Ownership PlanTexas Independent Bancshares…$73MThe International Brotherhood of Electrical Workers Local 7 Annuity PlanThe International Brotherhoo…$73MMarborg Industries 401(k) PlanMarborg Industries 401(k) Pl…$73MBlueprint Medicines Corporation 401(k) PlanBlueprint Medicines Corporat…$73M
End-of-year total assets ($M) among The International Brotherhood of Electrical Workers Local 7 Annuity Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$66M
Net Assets (End of Year)$73M
Net Income$7M
Employer EIN042733497
Plan Effective Date1980-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (International Brotherhood of Elec Workers Union Local 7)

Sponsor-wide plan assets over time

All International Brotherhood of Elec Workers Union Local 7 plans reported in each filing year

Latest sponsor-wide plan assets
$78M 18.432027826168746% vs 2022
2024 filing year
$60M$65M$70M$75M$80M 202220232024 $66M $78.2M ▲ +18.4%
Year Plans Participants Total Assets
2022 1 790 $66M
2023 1 803 $73M
2024 1 821 $78M

Nearby 401(k) Plans in Connecticut

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

The International Brotherhood of Electrical Workers Local 7 Annuity Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants The International Brotherhood of Electrical Workers Local 7 Annuity Plan, Total assets ($B): 0.073217987 · Participants: 803The International Brotherhood of Electrical Workers Local 7 Annuity PlanRtx Savings Plan, Total assets ($B): 52.759784 · Participants: 123037Rtx Savings PlanCiti Retirement Savings Plan, Total assets ($B): 20.653030659 · Participants: 77865Citi Retirement Savings PlanThe Hartford Investment and Savings Plan, Total assets ($B): 6.478512 · Participants: 18377The Hartford Investment and Savings PlanXerox Corporation Savings Plan, Total assets ($B): 3.948866 · Participants: 10291Xerox Corporation Savings PlanEversource 401(k) Plan, Total assets ($B): 3.751712453 · Participants: 9504Eversource 401(k) Plan
The International Brotherhood of Electrical Workers Local 7 Annuity Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants
Compare The International Brotherhood of Electrical Workers Local 7 Annuity Plan side-by-side with 3 peers →

The International Brotherhood of Electrical Workers Local 7 Annuity Plan's out-of-state 401(k) peers by assets and headcount

Outside Connecticut, the nearest 401(k) by assets is Marborg Industries 401(k) Plan in CA ($73M); by covered participants it is Rxbenefits, Inc. Retirement Savings Plan in AL (803 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (803 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.

Frequently Asked Questions

How did The International Brotherhood of Electrical Workers Local 7 Annuity Plan assets move in 2023? ▼
The International Brotherhood of Electrical Workers Local 7 Annuity Plan grew at a solid clip - up 10.9% during 2023, from $66M to $73M. Reported net income was $7M.
How have International Brotherhood of Elec Workers Union Local 7 plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), International Brotherhood of Elec Workers Union Local 7's sponsor-wide assets grew 18.4%, from $66M to $78M.
Where does The International Brotherhood of Electrical Workers Local 7 Annuity Plan rank by assets among Form 5500 filers? ▼
The International Brotherhood of Electrical Workers Local 7 Annuity Plan ranks in the 89th 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 401(k) plans are similar in size to The International Brotherhood of Electrical Workers Local 7 Annuity Plan? ▼
Among 401(k) plans in other states, the closest by assets is Marborg Industries 401(k) Plan in CA ($73M, 357 participants).
Which 401(k) plans cover a similar participant headcount to The International Brotherhood of Electrical Workers Local 7 Annuity Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Rxbenefits, Inc. Retirement Savings Plan in AL (803 participants, $50M in assets).

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 042733497.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.