Other · DOL Form 5500 · 2024
IBEW Local 351 Surety Fund Trustees Retirement Plan
Data updated 2026-08-11
- $677M
- Total assets
- N/A
- Participants
- 98th
- Percentile by assets
Official DOL plan name: IBEW Local 351 Surety Plan · Sponsored by IBEW Local 351 Surety Fund Trustees · New Jersey · Construction
$677M in assets, N/A participants
IBEW Local 351 Surety Fund Trustees's IBEW Local 351 Surety Plan reported $677M in total assets and N/A participants in its 2024 DOL Form 5500 filing, ranking in the 98th 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.
- 98th percentile by assets (of 123,622 plans)
- #8,836 in Construction (9,039 peers)
Where IBEW Local 351 Surety Plan sits by assets
IBEW Local 351 Surety Plan sits in the top 5% of all filed plans by assets, $677M for N/A participants, up 12.4% in 2024.
- $677M
- total plan assets (2024 EOY)
- N/A
- covered participants
- 98th
- percentile by assets (of 123,622 plans)
- +12.4%
- assets growth YoY
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- IBEW Local 351 Surety Plan reported participants fell from 2,319 in the plan year 2023 filing to N/A in the plan year 2024 filing.
- IBEW Local 351 Surety Plan end-of-year assets rose from $602M in the plan year 2023 filing to $677M in the plan year 2024 filing.
- IBEW Local 351 Surety Plan reported net income fell from $82M in the plan year 2023 filing to $75M in the plan year 2024 filing.
IBEW Local 351 Surety Plan vs the 2024 asset distribution
By assets, IBEW Local 351 Surety Plan outranks 98% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 6.8x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $602M |
|---|---|
| Net Assets (End of Year) | $676M |
| Net Income | $75M |
| Employer EIN | 223431479 |
| Plan Effective Date | 1995-10-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (IBEW Local 351 Surety Fund Trustees)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 2,375 | $520M |
| 2023 | 1 | 2,319 | $602M |
| 2024 | 1 | N/A | $677M |
Nearby Other Plans in New Jersey
Peer Other plans, same state, same plan type, ranked by total assets.
IBEW Local 351 Surety Plan vs. nearby Other plans in New Jersey, assets vs. participants
- Consolidated 403(b) Plan of Hackensack Meridian Health $1.8B · 16,823
- Princeton University Retirement Savings Plan $1.7B · 8,763
- Rwjbarnabas Health 403(b) Savings Plan $1.5B · 28,403
- Atlantic Health System 403(b) Retirement Savings Plan $1.3B · 21,490
- Educational Testing Service 403(b) Retirement Savings Plan $982M · 3,501
Similar-Sized Other Plans Nationally
Other plans in other states closest to IBEW Local 351 Surety Plan by total assets, not by location.
- Community Hospitals of Central California Tax Sheltered Annuity Plan (CA) $673M · 10,906
- Bucknell University Defined Contribution Retirement Plan (PA) $673M · 1,543
- The New School 403(b) Retirement Plan (NY) $670M · 4,660
- Retirement Plan of Creighton University (NE) $684M · 3,534
Frequently Asked Questions
How did IBEW Local 351 Surety Plan assets move in 2024? ▼
How have IBEW Local 351 Surety Fund Trustees plan assets changed over time? ▼
Where does IBEW Local 351 Surety Plan rank by assets among Form 5500 filers? ▼
Which Other plans are similar in size to IBEW Local 351 Surety Plan? ▼
Next read for IBEW Local 351 Surety Plan
Scale reading
Ways to act on IBEW Local 351 Surety Plan's numbers.
- By total assets, IBEW Local 351 Surety Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Other plans in New Jersey. Compare plans
- IBEW Local 351 Surety Fund Trustees's sponsor-wide assets have grown 30.1% since 2022 across 3 plan years on file. More Construction plans