Profit Sharing · DOL Form 5500 · 2024

Board of Trustees I.U.O.E. Local 98 Annuity Fund Profit Sharing Plan

Data updated 2026-07-24

$94M
Total assets: 1,259
Participants: 90th
Percentile by assets: $74,410
Avg per participant

Official DOL plan name: I.U.O.E. Local 98 Annuity Fund · Sponsored by Board of Trustees I.U.O.E. Local 98 Annuity Fund · Massachusetts · Construction

$94M in assets, 1,259 participants

Board of Trustees I.U.O.E. Local 98 Annuity Fund's I.U.O.E. Local 98 Annuity Fund reported $94M in total assets and 1,259 participants in its 2024 DOL Form 5500 filing, ranking in the 90th 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.

90th percentile by assets (of 116,472 plans)

Where I.U.O.E. Local 98 Annuity Fund sits by assets

I.U.O.E. Local 98 Annuity Fund sits in the top 10% of all filed plans by assets, $94M for 1,259 participants (~$74,410/participant), up 8.3% in 2024.

$94M
total plan assets (2024 EOY): 1,259
covered participants: 90th
percentile by assets (of 116,472 plans): $74,410
avg assets per participant

I.U.O.E. Local 98 Annuity Fund reported net income fell from $11M in the plan year 2023 filing to $7M in the plan year 2024 filing.
I.U.O.E. Local 98 Annuity Fund end-of-year assets rose from $86M in the plan year 2023 filing to $94M in the plan year 2024 filing.
I.U.O.E. Local 98 Annuity Fund reported participants fell from 1,326 in the plan year 2023 filing to 1,259 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Massachusetts

Industry

Construction

I.U.O.E. Local 98 Annuity Fund vs the 2024 asset distribution

By assets, I.U.O.E. Local 98 Annuity Fund outranks 90% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.9x the national average plan size of $100M (730 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)	$86M
Net Assets (End of Year)	$94M
Net Income	$7M
Employer EIN	043030313
Plan Effective Date	1988-12-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Board of Trustees I.U.O.E. Local 98 Annuity Fund)

Total plan assets by year, all Board of Trustees I.U.O.E. Local 98 Annuity Fund plans on file

Year	Plans	Participants	Total Assets
2022	1	1,200	$75M
2023	1	1,326	$86M
2024	1	1,259	$94M

Nearby Profit Sharing Plans in Massachusetts

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

I.U.O.E. Local 98 Annuity Fund vs. nearby Profit Sharing plans in Massachusetts, assets vs. participants

Demoulas (Restated) Profit Sharing Plan & Trust $1.1B · 14,037
Dana-Farber Cancer Institute Retirement Plan $930M · 5,518
The Boston Consulting Group, Inc. Employees' Profit Sharing Retirement Fund $686M · 6,385
Sheet Metal Workers Local 17 Annuity Income Fund $656M · 3,065
Medical Information Technology, Inc. Profit Sharing Plan $409M · 3,306

Compare I.U.O.E. Local 98 Annuity Fund side-by-side with 3 peers →

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to I.U.O.E. Local 98 Annuity Fund by total assets, not by location.

Bracewell LLP 401(k) Plan B (TX) $93M · 179
Kipp Nyc 403(b) Retirement Plan (NY) $95M · 1,177
Local 863 Ibt Retirement Savings Plan (NJ) $95M · 2,258
Medical Services Group - Department of Medicine Profit Sharing Plan (NY) $95M · 148

Frequently Asked Questions

How did I.U.O.E. Local 98 Annuity Fund assets move in 2024? ▼

I.U.O.E. Local 98 Annuity Fund grew at a solid clip - up 8.3% during 2024, from $86M to $94M. Reported net income was $7M.

How have Board of Trustees I.U.O.E. Local 98 Annuity Fund plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Board of Trustees I.U.O.E. Local 98 Annuity Fund's sponsor-wide assets grew 24.1%, from $75M to $94M.

Where does I.U.O.E. Local 98 Annuity Fund rank by assets among Form 5500 filers? ▼

I.U.O.E. Local 98 Annuity Fund ranks in the 90th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).

Which Profit Sharing plans are similar in size to I.U.O.E. Local 98 Annuity Fund? ▼

Among Profit Sharing plans in other states, the closest by assets is Bracewell LLP 401(k) Plan B in TX ($93M, 179 participants).

Next read for I.U.O.E. Local 98 Annuity Fund

Scale reading

Ways to act on I.U.O.E. Local 98 Annuity Fund's numbers.

By total assets, I.U.O.E. Local 98 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 Massachusetts. Compare plans
Board of Trustees I.U.O.E. Local 98 Annuity Fund's sponsor-wide assets have grown 24.1% since 2022 across 3 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 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 043030313.

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.