Profit Sharing · DOL Form 5500 · 2023

Trustees of Local No. 41 IBEW Annuity Profit Sharing Plan

Data updated 2026-08-06

$121M
Total assets: 1,449
Participants: 92nd
Percentile by assets: $83,233
Avg per participant

Official DOL plan name: Local Union No. 41 IBEW Annuity Fund · Sponsored by Trustees of Local No. 41 IBEW Annuity · New York · Construction

$121M in assets, 1,449 participants

Trustees of Local No. 41 IBEW Annuity's Local Union No. 41 IBEW Annuity Fund reported $121M in total assets and 1,449 participants in its 2023 DOL Form 5500 filing, ranking in the 92nd 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.

92nd percentile by assets (of 126,618 plans)
#8,167 in Construction (8,993 peers)

Where Local Union No. 41 IBEW Annuity Fund sits by assets

Local Union No. 41 IBEW Annuity Fund sits in the top 10% of all filed plans by assets, $121M for 1,449 participants (~$83,233/participant), up 23.6% in 2023.

$121M
total plan assets (2023 EOY): 1,449
covered participants: 92nd
percentile by assets (of 126,618 plans): $83,233
avg assets per participant

Local Union No. 41 IBEW Annuity Fund reported net income rose from $6M in the plan year 2022 filing to $23M in the plan year 2023 filing.
Local Union No. 41 IBEW Annuity Fund end-of-year assets rose from $98M in the plan year 2022 filing to $121M in the plan year 2023 filing.
Local Union No. 41 IBEW Annuity Fund reported participants rose from 1,416 in the plan year 2022 filing to 1,449 in the plan year 2023 filing.

See the national 2023→2024 release diff →

State

New York

Industry

Construction

Local Union No. 41 IBEW Annuity Fund vs the 2023 asset distribution

By assets, Local Union No. 41 IBEW Annuity Fund outranks 92% of the 126,618 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 1.2x the national average plan size of $100M (730 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)	$98M
Net Assets (End of Year)	$120M
Net Income	$23M
Employer EIN	166069938
Plan Effective Date	1966-11-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Trustees of Local No. 41 IBEW Annuity)

Total plan assets by year, all Trustees of Local No. 41 IBEW Annuity plans on file

Year	Plans	Participants	Total Assets
2022	1	1,416	$98M
2023	1	1,449	$121M

Nearby Profit Sharing Plans in New York

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

Local Union No. 41 IBEW Annuity Fund vs. nearby Profit Sharing plans in New York, assets vs. participants

Annuity Plan of the Electrical Industry $2.2B · 18,907
Annuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIO $1.9B · 3,402
Annuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIO $1.7B · 5,807
The Research Foundation for Suny Retirement Plan $1.2B · 10,120
Mason Tenders District Council Annuity Fund $913M · 11,237

Compare Local Union No. 41 IBEW Annuity Fund side-by-side with 3 peers →

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Local Union No. 41 IBEW Annuity Fund by total assets, not by location.

Jj Keller & Associates, Inc. Employees' Profit Sharing Retirement Plan (WI) $121M · 1,823
Au Health Systems, Inc. 401(a) Retirement Savings Plan (GA) $120M · 2,493
Dolese Bros. Co. Profit Sharing Plan (OK) $121M · 992
Steamship Trade Association of Baltimore, Incorporated International Longshoremen's Assoc. Severance and Annuity Plan (MD) $120M · 2,645

Frequently Asked Questions

How did Local Union No. 41 IBEW Annuity Fund assets move in 2023? ▼

Local Union No. 41 IBEW Annuity Fund grew sharply - up 23.6% during 2023, from $98M to $121M. Reported net income was $23M.

How have Trustees of Local No. 41 IBEW Annuity plan assets changed over time? ▼

Across 2 plan years on file (2022-2023), Trustees of Local No. 41 IBEW Annuity's sponsor-wide assets grew 23.6%, from $98M to $121M.

Where does Local Union No. 41 IBEW Annuity Fund rank by assets among Form 5500 filers? ▼

Local Union No. 41 IBEW Annuity Fund ranks in the 92nd percentile by end-of-year assets among 126,618 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).

Which Profit Sharing plans are similar in size to Local Union No. 41 IBEW Annuity Fund? ▼

Among Profit Sharing plans in other states, the closest by assets is Jj Keller & Associates, Inc. Employees' Profit Sharing Retirement Plan in WI ($121M, 1,823 participants).

Next read for Local Union No. 41 IBEW Annuity Fund

Scale reading

Ways to act on Local Union No. 41 IBEW Annuity Fund's numbers.

By total assets, Local Union No. 41 IBEW Annuity Fund 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 New York. Compare plans
Trustees of Local No. 41 IBEW Annuity's sponsor-wide assets have grown 23.6% since 2022 across 2 plan years on file. More Construction plans

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 166069938.