Money Purchase · DOL Form 5500 · 2023

Trustees of Local Union 106 IBEW Annuity Plan Money Purchase Plan

Data updated 2026-08-25

$30M
Total assets Below avg plan size
164
Participants Small participant base
79th
Percentile by assets National rank
$181,538
Avg per participant Above avg balance/head
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Official DOL plan name: I.B.E.W. Local No. 106 Annuity Plan · Sponsored by Trustees of Local Union 106 IBEW Annuity Plan · New York · Finance & Insurance

$30M in assets, 164 participants

Trustees of Local Union 106 IBEW Annuity Plan's I.B.E.W. Local No. 106 Annuity Plan reported $30M in total assets and 164 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.

  • #6,029 in Finance & Insurance (8,869 peers)

Coverage in New York

I.B.E.W. Local No. 106 Annuity Plan covers 164 participants in New York, about 21% of the average New York filer (state average ~798 per filing). Assets: $30M.

#6,029
in Finance & Insurance (8,869 peers)
+28.2%
assets growth YoY
0.3×
vs typical plan assets (national mean)

I.B.E.W. Local No. 106 Annuity Plan's outsized position by total assets

I.B.E.W. Local No. 106 Annuity Plan vs every filed plan by assets

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

$29,772,211 Top 21% higher than 79% 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

I.B.E.W. Local No. 106 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. I.B.E.W. Local No. 106 Annuity Plan sits mid-pack in the medium band (164 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • I.B.E.W. Local No. 106 Annuity Plan reported net income rose from $651K in the plan year 2022 filing to $7M in the plan year 2023 filing.
  • I.B.E.W. Local No. 106 Annuity Plan end-of-year assets rose from $23M in the plan year 2022 filing to $30M in the plan year 2023 filing.
  • I.B.E.W. Local No. 106 Annuity Plan reported participants rose from 153 in the plan year 2022 filing to 164 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 166126150 · Trustees of Local Union 106 IBEW Annuity Plan PY 2023 · Money Purchase

I.B.E.W. Local No. 106 Annuity Plan · $30M · 164 · 79th

  • TYPE $30M
  • NET 164
  • BOOK 79th
  • VS-ST Money Purchase
  • BOY near Hawkins Construction Company Employee Pension Benefit Plan
  • SCH ind #6029

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 Finance & Insurance retirement plans → · Plans in New York →

I.B.E.W. Local No. 106 Annuity Plan in the asset neighbourhood

Teamsters Local 929 Retirement PlanTeamsters Local 929 Retireme…$30MMissouri Hospital Association Employees Pension PlanMissouri Hospital Associatio…$30MI.B.E.W. Local No. 106 Annuity PlanI.B.E.W. Local No. 106 Annui…$30MHawkins Construction Company Employee Pension Benefit PlanHawkins Construction Company…$30MJm Eagle Employees' Pension PlanJm Eagle Employees' Pension …$30M
End-of-year total assets ($M) among I.B.E.W. Local No. 106 Annuity Plan and nearest nationwide Money Purchase peers. Source: DOL Form 5500 plan year 2023.

New York filing particulars

Total Assets (Beginning of Year)$23M
Net Assets (End of Year)$30M
Net Income$7M
Employer EIN166126150
Plan Effective Date1979-11-10
Filing StatusFILING RECEIVED

Sponsor Plan History (Trustees of Local Union 106 IBEW Annuity Plan)

Sponsor-wide plan assets over time

All Trustees of Local Union 106 IBEW Annuity Plan plans reported in each filing year

Latest sponsor-wide plan assets
$78M 29.7973296280841% vs 2022
2024 filing year
$50M$60M$70M$80M 202220232024 $60.1M $78M ▲ +29.8%
Year Plans Participants Total Assets
2022 2 294 $60M
2023 2 312 $70M
2024 2 318 $78M

Nearby Money Purchase Plans in New York

Peer Money Purchase plans, same state, same plan type, ranked by total assets.

I.B.E.W. Local No. 106 Annuity Plan vs. nearby Money Purchase plans in New York, assets vs. participants Scatter plot of 6 data points. -1000001000020000300004000050000 -20246 Total assets ($B) Participants I.B.E.W. Local No. 106 Annuity Plan, Total assets ($B): 0.029772211 · Participants: 164I.B.E.W. Local No. 106 Annuity PlanTiaa Retirement Plan, Total assets ($B): 5.254874957 · Participants: 12501Tiaa Retirement PlanYoung Men's Christian Association Retirement Fund Retirement Plan, Total assets ($B): 3.73565 · Participants: 43490Young Men's Christian Association Retirement Fund Retirement PlanMcKinsey & Company, Inc. (Mppp) Money Purchase Pension Plan, Total assets ($B): 1.981784839 · Participants: 15163McKinsey & Company, Inc. (Mppp) Money Purchase Pension PlanBrookhaven Science Associates, LLC Retirement Plan, Total assets ($B): 1.410735256 · Participants: 2473Brookhaven Science Associates, LLC Retirement PlanIron Workers Locals 40, 361 & 417 Annuity Fund, Total assets ($B): 1.151869619 · Participants: 4998Iron Workers Locals 40, 361 & 417 Annuity Fund
I.B.E.W. Local No. 106 Annuity Plan vs. nearby Money Purchase plans in New York, assets vs. participants
Compare I.B.E.W. Local No. 106 Annuity Plan side-by-side with 3 peers →

I.B.E.W. Local No. 106 Annuity Plan's out-of-state Money Purchase peers by assets and headcount

Outside New York, the nearest Money Purchase by assets is Hawkins Construction Company Employee Pension Benefit Plan in NE ($30M); by covered participants it is Drexel Chemical Company Money Purchase Pension Plan and Trust in TN (164 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (164 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 I.B.E.W. Local No. 106 Annuity Plan assets move in 2023? ▼
I.B.E.W. Local No. 106 Annuity Plan grew sharply - up 28.2% during 2023, from $23M to $30M. Reported net income was $7M.
How have Trustees of Local Union 106 IBEW Annuity Plan plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Trustees of Local Union 106 IBEW Annuity Plan's sponsor-wide assets grew 29.8%, from $60M to $78M.
Where does I.B.E.W. Local No. 106 Annuity Plan rank by assets among Form 5500 filers? ▼
I.B.E.W. Local No. 106 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 Money Purchase plans are similar in size to I.B.E.W. Local No. 106 Annuity Plan? ▼
Among Money Purchase plans in other states, the closest by assets is Hawkins Construction Company Employee Pension Benefit Plan in NE ($30M, 188 participants).
Which Money Purchase plans cover a similar participant headcount to I.B.E.W. Local No. 106 Annuity Plan? ▼
Among Money Purchase plans in other states, the closest by covered participants is Drexel Chemical Company Money Purchase Pension Plan and Trust in TN (164 participants, $10M 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 166126150.

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.