401(k) · DOL Form 5500 · 2024
Board of Trustees of the IBEW Local No. 716 Retirement Trust Fund 401(k) Plan
Data updated 2026-08-25
- $132M
- Total assets Near avg plan size
- 5,147
- Participants Above avg headcount
- 92nd
- Percentile by assets National rank
- $25,571
- Avg per participant Low balance/head
Official DOL plan name: IBEW Local No. 716 Retirement Plan · Sponsored by Board of Trustees of the IBEW Local No. 716 Retirement Trust Fund · Texas · Construction
$132M in assets, 5,147 participants
Board of Trustees of the IBEW Local No. 716 Retirement Trust Fund's IBEW Local No. 716 Retirement Plan reported $132M in total assets and 5,147 participants in its 2024 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.
- #8,209 in Construction (9,039 peers)
Coverage in Texas
IBEW Local No. 716 Retirement Plan covers 5,147 participants in Texas, 7.5x the typical Texas plan (state average ~688 per filing). Assets: $132M.
- #8,209
- in Construction (9,039 peers)
- +12.4%
- assets growth YoY
- 1.3×
- vs typical plan assets (national mean)
IBEW Local No. 716 Retirement Plan's outsized position by total assets
IBEW Local No. 716 Retirement Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$131,614,880 Top 8% higher than 92% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
IBEW Local No. 716 Retirement Plan's large-plan peer group by participant headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. IBEW Local No. 716 Retirement Plan lands in the large band (5,147 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- IBEW Local No. 716 Retirement Plan end-of-year assets rose from $117M in the plan year 2023 filing to $132M in the plan year 2024 filing.
- IBEW Local No. 716 Retirement Plan reported net income rose from $13M in the plan year 2023 filing to $15M in the plan year 2024 filing.
- IBEW Local No. 716 Retirement Plan reported participants rose from 4,760 in the plan year 2023 filing to 5,147 in the plan year 2024 filing.
DOL schedule card
Filing strip 316620547 · Board of Trustees of the IBEW Local No. 716 Retirement Trust Fund PY 2024 · 401(k)
IBEW Local No. 716 Retirement Plan · $132M · 5,147 · 92nd
- 5500 $132M
- 5500 5,147
- 5500 92nd
- 5500 401(k)
- 5500 near Aurora Operations, Inc. 401(k) Plan
- 5500 ind #8209
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 Texas →
IBEW Local No. 716 Retirement Plan in the asset neighbourhood
Texas filing particulars
| Total Assets (Beginning of Year) | $117M |
|---|---|
| Net Assets (End of Year) | $132M |
| Net Income | $15M |
| Employer EIN | 316620547 |
| Plan Effective Date | 1999-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees of the IBEW Local No. 716 Retirement Trust Fund)
Sponsor-wide plan assets over time
All Board of Trustees of the IBEW Local No. 716 Retirement Trust Fund plans reported in each filing year
- Latest sponsor-wide plan assets
- $132M 26.856412251224484% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 4,616 | $104M |
| 2023 | 1 | 4,760 | $117M |
| 2024 | 1 | 5,147 | $132M |
Nearby 401(k) Plans in Texas
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- AT&T Retirement Savings Plan $43.1B · 109,889
- Exxonmobil Savings Plan $23.7B · 21,990
- Chevron Employee Savings Investment Plan $20.4B · 21,505
- Caterpillar 401(k) Savings Plan $18.8B · 43,873
- Southwest Airlines Co. Retirement Savings Plan $17.0B · 67,820
Scale composition for IBEW Local No. 716 Retirement Plan
IBEW Local No. 716 Retirement Plan reports $132M in end-of-year assets across 5,147 participants (0.001% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.005% of 93,925,755 covered participants) - about $25,571 per participant (18% of the national average assets-per-participant) . Net income for plan year 2024 was $15M.
This plan identity (EIN 316620547, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $104M to $132M (+26.9%) while covered participants moved from 4,616 to 5,147 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 4,616 | $104M | Open filing |
| 2023 | 4,760 | $117M | Open filing |
| 2024 · index core | 5,147 | $132M | This page |
IBEW Local No. 716 Retirement Plan's out-of-state 401(k) peers by assets and headcount
Outside Texas, the nearest 401(k) by assets is Aurora Operations, Inc. 401(k) Plan in PA ($132M); by covered participants it is Baird Profit Sharing & Savings Plan in WI (5,148 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($132M here).
- Aurora Operations, Inc. 401(k) Plan (PA) $132M · 1,833
- Roehm America 401(k) Savings Plan (NJ) $132M · 429
- Allen & Overy 401(k) Profit Sharing Plan (NY) $132M · 382
- Performance Contractors, Inc. 401(k) Salary Savings Plan (LA) $132M · 4,646
Similar participant headcount
Nearest other-state filings by covered participants (5,147 participants); asset peers above are excluded.
- Baird Profit Sharing & Savings Plan (WI) 5,148 · 1 off
- Consolidated 401(a) and 401(k) Program of Mass General Brigham and Member Organizations (MA) 5,146 · 1 off
- Arcbest 401(k) and DC Retirement Plan (AR) 5,150 · 3 off
- Brookfield 401(k) Savings Plan (OH) 5,143 · 4 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.