Profit Sharing · DOL Form 5500 · 2023

I.B.E.W. Local 246 Retirement Plan Board of Trustees Profit Sharing Plan

Data updated 2026-08-25

$28M
Total assets Below avg plan size
652
Participants Below avg headcount
78th
Percentile by assets National rank
$43,383
Avg per participant Low balance/head
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Official DOL plan name: I.B.E.W. Local 246 Retirement Plan · Sponsored by I.B.E.W. Local 246 Retirement Plan Board of Trustees · Ohio · Construction

$28M in assets, 652 participants

I.B.E.W. Local 246 Retirement Plan Board of Trustees's I.B.E.W. Local 246 Retirement Plan reported $28M in total assets and 652 participants in its 2023 DOL Form 5500 filing, ranking in the 78th 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.

  • #6,931 in Construction (9,030 peers)

Where I.B.E.W. Local 246 Retirement Plan sits by assets

I.B.E.W. Local 246 Retirement Plan sits in the top quartile of all filed plans by assets, $28M for 652 participants (~$43,383/participant), up 3.7% in 2023.

#6,931
in Construction (9,030 peers)
+3.7%
assets growth YoY
0.3×
vs typical plan assets (national mean)

I.B.E.W. Local 246 Retirement Plan's outsized position by total assets

I.B.E.W. Local 246 Retirement Plan vs every filed plan by assets

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

$28,285,507 Top 22% higher than 78% 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

I.B.E.W. Local 246 Retirement Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. I.B.E.W. Local 246 Retirement Plan sits mid-pack in the medium band (652 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • I.B.E.W. Local 246 Retirement Plan reported net income rose from -$2M in the plan year 2022 filing to $979K in the plan year 2023 filing.
  • I.B.E.W. Local 246 Retirement Plan reported participants rose from 597 in the plan year 2022 filing to 652 in the plan year 2023 filing.
  • I.B.E.W. Local 246 Retirement Plan end-of-year assets rose from $27M in the plan year 2022 filing to $28M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 341302212 · I.B.E.W. Local 246 Retirement Plan Board of Trustees PY 2023 · Profit Sharing

I.B.E.W. Local 246 Retirement Plan · $28M · 652 · 78th

  • PCT $28M
  • EIN 652
  • RANK 78th
  • PHOTO Profit Sharing
  • IND near The Rumson Country Day School DC Retirement Plan
  • EOY ind #6931

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 Ohio →

I.B.E.W. Local 246 Retirement Plan in the asset neighbourhood

Snyder Associated Companies Inc Employee Profit Sharing PlanSnyder Associated Companies …$28MBricklayers & Allied Craftworkers Local 13 Defined Contribution Pension PlanBricklayers & Allied Craftwo…$28MI.B.E.W. Local 246 Retirement PlanI.B.E.W. Local 246 Retiremen…$28MThe Rumson Country Day School DC Retirement PlanThe Rumson Country Day Schoo…$28MFederal Manufacturing Corporation Profit Sharing PlanFederal Manufacturing Corpor…$28M
End-of-year total assets ($M) among I.B.E.W. Local 246 Retirement Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$27M
Net Assets (End of Year)$28M
Net Income$979K
Employer EIN341302212
Plan Effective Date1979-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (I.B.E.W. Local 246 Retirement Plan Board of Trustees)

Sponsor-wide plan assets over time

All I.B.E.W. Local 246 Retirement Plan Board of Trustees plans reported in each filing year

Latest sponsor-wide plan assets
$29M 7.222283647362487% vs 2022
2024 filing year
$27M$28M$29M$30M 202220232024 $27.3M $29.2M ▲ +7.2%
Year Plans Participants Total Assets
2022 1 597 $27M
2023 1 652 $28M
2024 1 297 $29M

Nearby Profit Sharing Plans in Ohio

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

I.B.E.W. Local 246 Retirement Plan vs. nearby Profit Sharing plans in Ohio, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -0.500.511.52 Total assets ($B) Participants I.B.E.W. Local 246 Retirement Plan, Total assets ($B): 0.028285507 · Participants: 652I.B.E.W. Local 246 Retirement PlanCleveland Clinic Investment Pension Plan, Total assets ($B): 1.460661842 · Participants: 48582Cleveland Clinic Investment Pension PlanMasterbrand, Inc. Retirement Savings Plan, Total assets ($B): 0.484719729 · Participants: 7345Masterbrand, Inc. Retirement Savings PlanThe Employer Retirement Savings Plan- Premier Health Partners, Total assets ($B): 0.227674027 · Participants: 11923The Employer Retirement Savings Plan- Premier Health PartnersThree Rivers Annuity Fund, Total assets ($B): 0.199164348 · Participants: 1460Three Rivers Annuity FundHolzer Health System 401a Profit Sharing Plan, Total assets ($B): 0.175394151 · Participants: 1779Holzer Health System 401a Profit Sharing Plan
I.B.E.W. Local 246 Retirement Plan vs. nearby Profit Sharing plans in Ohio, assets vs. participants
Compare I.B.E.W. Local 246 Retirement Plan side-by-side with 3 peers →

I.B.E.W. Local 246 Retirement Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Ohio, the nearest Profit Sharing by assets is The Rumson Country Day School DC Retirement Plan in NJ ($28M); by covered participants it is Cerenity Senior Care Employee Retirement Plan in MN (652 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (652 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 I.B.E.W. Local 246 Retirement Plan assets move in 2023? ▼
I.B.E.W. Local 246 Retirement Plan edged up modestly - up 3.7% during 2023, from $27M to $28M. Reported net income was $979K.
How have I.B.E.W. Local 246 Retirement Plan Board of Trustees plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), I.B.E.W. Local 246 Retirement Plan Board of Trustees's sponsor-wide assets grew 7.2%, from $27M to $29M.
Where does I.B.E.W. Local 246 Retirement Plan rank by assets among Form 5500 filers? ▼
I.B.E.W. Local 246 Retirement Plan ranks in the 78th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which Profit Sharing plans are similar in size to I.B.E.W. Local 246 Retirement Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is The Rumson Country Day School DC Retirement Plan in NJ ($28M, 110 participants).
Which Profit Sharing plans cover a similar participant headcount to I.B.E.W. Local 246 Retirement Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Cerenity Senior Care Employee Retirement Plan in MN (652 participants, $9M 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 341302212.

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.