Money Purchase · DOL Form 5500 · 2024
Trustees of IBEW Local 728 Annuity Fund Money Purchase Plan
Data updated 2026-08-06
- $93M
- Total assets
- 1,745
- Participants
- 90th
- Percentile by assets
- $53,532
- Avg per participant
Official DOL plan name: I.B.E.W. Local Union No. 728 Annuity Fund · Sponsored by Trustees of IBEW Local 728 Annuity Fund · Florida · Construction
$93M in assets, 1,745 participants
Trustees of IBEW Local 728 Annuity Fund's I.B.E.W. Local Union No. 728 Annuity Fund reported $93M in total assets and 1,745 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)
- #7,451 in Construction (8,304 peers)
Coverage in Florida
I.B.E.W. Local Union No. 728 Annuity Fund covers 1,745 participants in Florida, 2.8x the typical Florida plan (state average ~631 per filing). Assets: $93M.
- $93M
- total plan assets (2024 EOY)
- 1,745
- covered participants
- 90th
- percentile by assets (of 116,472 plans)
- $53,532
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- I.B.E.W. Local Union No. 728 Annuity Fund reported net income fell from $10M in the plan year 2023 filing to $5M in the plan year 2024 filing.
- I.B.E.W. Local Union No. 728 Annuity Fund end-of-year assets rose from $88M in the plan year 2023 filing to $93M in the plan year 2024 filing.
- I.B.E.W. Local Union No. 728 Annuity Fund reported participants rose from 1,712 in the plan year 2023 filing to 1,745 in the plan year 2024 filing.
Participants vs Florida filers
In Florida, the average filing covers about 631 participants across 6,304 plans. I.B.E.W. Local Union No. 728 Annuity Fund reports 1,745 participants - 2.8x that state average ($93M EOY assets).
Florida filing particulars
| Total Assets (Beginning of Year) | $88M |
|---|---|
| Net Assets (End of Year) | $93M |
| Net Income | $5M |
| Employer EIN | 592794330 |
| Plan Effective Date | 1982-09-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Trustees of IBEW Local 728 Annuity Fund)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 1,699 | $78M |
| 2023 | 1 | 1,712 | $88M |
| 2024 | 1 | 1,745 | $93M |
Nearby Money Purchase Plans in Florida
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
I.B.E.W. Local Union No. 728 Annuity Fund vs. nearby Money Purchase plans in Florida, assets vs. participants
- Elliott Money Purchase Pension Plan $457M · 494
- Southern States Savings & Retirement Plan Trust $193M · 13,122
- Carolina Electrical Workers Retirement Fund $154M · 6,154
- NECA-IBEW 177 Pension Fund $144M · 1,412
- Lifelink Foundation, Inc. Retirement Plan $99M · 471
Similar-Sized Money Purchase Plans Nationally
Money Purchase plans in other states closest to I.B.E.W. Local Union No. 728 Annuity Fund by total assets, not by location.
- Plumbers & Steamfitters Local 81 Annuity Fund (NY) $93M · 1,100
- International Brotherhood of Electrical Workers Seventh District Retirement Benefit and Trust Fund (TX) $95M · 1,513
- Presbyterian Homes and Services Employees Retirement Savings and Investment Plan (MN) $92M · 4,866
- Carnegie Corporation of New York Defined Contribution Retirement Plan (NY) $95M · 84
Frequently Asked Questions
How did I.B.E.W. Local Union No. 728 Annuity Fund assets move in 2024? ▼
How have Trustees of IBEW Local 728 Annuity Fund plan assets changed over time? ▼
Where does I.B.E.W. Local Union No. 728 Annuity Fund rank by assets among Form 5500 filers? ▼
Which Money Purchase plans are similar in size to I.B.E.W. Local Union No. 728 Annuity Fund? ▼
Next read for I.B.E.W. Local Union No. 728 Annuity Fun…
Filing takeaways
Ways to act on I.B.E.W. Local Union No. 728 Annuity Fund's numbers.
- By total assets, I.B.E.W. Local Union No. 728 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 Money Purchase plans in Florida. Compare plans
- Trustees of IBEW Local 728 Annuity Fund's sponsor-wide assets have grown 20.5% since 2022 across 3 plan years on file. More Construction plans