Profit Sharing · DOL Form 5500 · 2023

Trustees of Local No. 41 IBEW Annuity Profit Sharing Plan

Data updated 2026-08-25

$121M
Total assets Near avg plan size
1,449
Participants Near avg headcount
92nd
Percentile by assets National rank
$83,233
Avg per participant Below avg balance/head
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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.

  • #8,203 in Construction (9,030 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.

#8,203
in Construction (9,030 peers)
+23.6%
assets growth YoY
1.2×
vs typical plan assets (national mean)

Local Union No. 41 IBEW Annuity Fund's outsized position by total assets

Local Union No. 41 IBEW Annuity Fund vs every filed plan by assets

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

$120,604,628 Top 8% higher than 92% 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

Local Union No. 41 IBEW Annuity Fund's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Local Union No. 41 IBEW Annuity Fund lands in the large band (1,449 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • 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 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 166069938 · Trustees of Local No. 41 IBEW Annuity PY 2023 · Profit Sharing

Local Union No. 41 IBEW Annuity Fund · $121M · 1,449 · 92nd

  • RANK $121M
  • PHOTO 1,449
  • IND 92nd
  • EOY Profit Sharing
  • 5500 near Jj Keller & Associates, Inc. Employees' Profit Sharing Retirement Plan
  • ASSETS ind #8203

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 New York →

Local Union No. 41 IBEW Annuity Fund in the asset neighbourhood

Dolese Bros. Co. Profit Sharing PlanDolese Bros. Co. Profit Shar…$121MJj Keller & Associates, Inc. Employees' Profit Sharing Retirement PlanJj Keller & Associates, Inc.…$121MLocal Union No. 41 IBEW Annuity FundLocal Union No. 41 IBEW Annu…$121MAu Health Systems, Inc. 401(a) Retirement Savings PlanAu Health Systems, Inc. 401(…$120MSteamship Trade Association of Baltimore, Incorporated International Longshoremen's Assoc. Severance and Annuity PlanSteamship Trade Association …$120M
End-of-year total assets ($M) among Local Union No. 41 IBEW Annuity Fund and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$98M
Net Assets (End of Year)$120M
Net Income$23M
Employer EIN166069938
Plan Effective Date1966-11-01
Filing StatusFILING RECEIVED

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

Sponsor-wide plan assets over time

All Trustees of Local No. 41 IBEW Annuity plans reported in each filing year

Latest sponsor-wide plan assets
$141M 44.171736081853176% vs 2022
2024 filing year
$80M$100M$120M$140M$160M 202220232024 $97.5M $141M ▲ +44.2%
Year Plans Participants Total Assets
2022 1 1,416 $98M
2023 1 1,449 $121M
2024 1 1,495 $141M

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 Scatter plot of 6 data points. 05000100001500020000 00.511.522.5 Total assets ($B) Participants Local Union No. 41 IBEW Annuity Fund, Total assets ($B): 0.120604628 · Participants: 1449Local Union No. 41 IBEW Annuity FundAnnuity Plan of the Electrical Industry, Total assets ($B): 2.210433172 · Participants: 18907Annuity Plan of the Electrical IndustryAnnuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIO, Total assets ($B): 1.870067356 · Participants: 3402Annuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIOAnnuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIO, Total assets ($B): 1.660408686 · Participants: 5807Annuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIOThe Research Foundation for Suny Retirement Plan, Total assets ($B): 1.177491602 · Participants: 10120The Research Foundation for Suny Retirement PlanMason Tenders District Council Annuity Fund, Total assets ($B): 0.912972009 · Participants: 11237Mason Tenders District Council Annuity Fund
Local Union No. 41 IBEW Annuity Fund vs. nearby Profit Sharing plans in New York, assets vs. participants
Compare Local Union No. 41 IBEW Annuity Fund side-by-side with 3 peers →

Local Union No. 41 IBEW Annuity Fund's out-of-state Profit Sharing peers by assets and headcount

Outside New York, the nearest Profit Sharing by assets is Jj Keller & Associates, Inc. Employees' Profit Sharing Retirement Plan in WI ($121M); by covered participants it is North American Family Institute, Inc. 403(b) Plan in MA (1,448 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,449 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 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 3 plan years on file (2022-2024), Trustees of Local No. 41 IBEW Annuity's sponsor-wide assets grew 44.2%, from $98M to $141M.
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 127,072 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).
Which Profit Sharing plans cover a similar participant headcount to Local Union No. 41 IBEW Annuity Fund? ▼
Among Profit Sharing plans in other states, the closest by covered participants is North American Family Institute, Inc. 403(b) Plan in MA (1,448 participants, $26M 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 166069938.

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.