Profit Sharing · DOL Form 5500 · 2023
Board of Trustees Annuity Fund IBEW Local 96 Profit Sharing Plan
Data updated 2026-08-11
- $103M
- Total assets
- 694
- Participants
- 91st
- Percentile by assets
- $148,637
- Avg per participant
Official DOL plan name: Annuity Plan IBEW Local 96 · Sponsored by Board of Trustees Annuity Fund IBEW Local 96 · Connecticut · Construction
$103M in assets, 694 participants
Board of Trustees Annuity Fund IBEW Local 96's Annuity Plan IBEW Local 96 reported $103M in total assets and 694 participants in its 2023 DOL Form 5500 filing, ranking in the 91st 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.
- 91st percentile by assets (of 127,072 plans)
- #8,112 in Construction (9,030 peers)
Where Annuity Plan IBEW Local 96 sits by assets
Annuity Plan IBEW Local 96 sits in the top 10% of all filed plans by assets, $103M for 694 participants (~$148,637/participant), up 7.0% in 2023.
- $103M
- total plan assets (2023 EOY)
- 694
- covered participants
- 91st
- percentile by assets (of 127,072 plans)
- $148,637
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Annuity Plan IBEW Local 96 end-of-year assets rose from $96M in the plan year 2022 filing to $103M in the plan year 2023 filing.
- Annuity Plan IBEW Local 96 reported net income rose from $6M in the plan year 2022 filing to $7M in the plan year 2023 filing.
- Annuity Plan IBEW Local 96 reported participants rose from 673 in the plan year 2022 filing to 694 in the plan year 2023 filing.
Annuity Plan IBEW Local 96 vs the 2023 asset distribution
By assets, Annuity Plan IBEW Local 96 outranks 91% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 1.0x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $96M |
|---|---|
| Net Assets (End of Year) | $103M |
| Net Income | $7M |
| Employer EIN | 046295080 |
| Plan Effective Date | 1975-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees Annuity Fund IBEW Local 96)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 942 | $155M |
| 2023 | 2 | 968 | $165M |
| 2024 | 2 | 1,022 | $178M |
Nearby Profit Sharing Plans in Connecticut
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
Annuity Plan IBEW Local 96 vs. nearby Profit Sharing plans in Connecticut, assets vs. participants
- North Atlantic States Carpenters Annuity Plan $1.3B · 11,025
- Connecticut Children's Retirement Savings Plan $467M · 3,094
- The Lee Company Profit Sharing Plan $449M · 989
- Connecticut Pipetrades Local No. 777 Annuity Plan $246M · 2,559
- Connecticut Laborers' Annuity Plan $245M · 3,065
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Annuity Plan IBEW Local 96 by total assets, not by location.
Frequently Asked Questions
How did Annuity Plan IBEW Local 96 assets move in 2023? ▼
How have Board of Trustees Annuity Fund IBEW Local 96 plan assets changed over time? ▼
Where does Annuity Plan IBEW Local 96 rank by assets among Form 5500 filers? ▼
Which Profit Sharing plans are similar in size to Annuity Plan IBEW Local 96? ▼
Next read for Annuity Plan IBEW Local 96
Scale reading
Ways to act on Annuity Plan IBEW Local 96's numbers.
- By total assets, Annuity Plan IBEW Local 96 ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in Connecticut. Compare plans
- Board of Trustees Annuity Fund IBEW Local 96's sponsor-wide assets have grown 14.6% since 2022 across 3 plan years on file. More Construction plans