Profit Sharing · DOL Form 5500 · 2024

IBEW Local Union No 102 Surety Plan Board of Trustees Profit Sharing Plan

Data updated 2026-08-25

$685M
Total assets Above avg plan size
2,382
Participants Above avg headcount
98th
Percentile by assets National rank
$287,517
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: IBEW Local Union No 102 Surety Plan · Sponsored by IBEW Local Union No 102 Surety Plan Board of Trustees · New Jersey · Construction

$685M in assets, 2,382 participants

IBEW Local Union No 102 Surety Plan Board of Trustees's IBEW Local Union No 102 Surety Plan reported $685M in total assets and 2,382 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.

  • #8,840 in Construction (9,039 peers)

Coverage in New Jersey

IBEW Local Union No 102 Surety Plan covers 2,382 participants in New Jersey, 2.8x the typical New Jersey plan (state average ~844 per filing). Assets: $685M.

#8,840
in Construction (9,039 peers)
+7.4%
assets growth YoY
6.9×
vs typical plan assets (national mean)

IBEW Local Union No 102 Surety Plan's outsized position by total assets

IBEW Local Union No 102 Surety Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$684,866,455 Top 2% higher than 98% of 123,620 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 2024

IBEW Local Union No 102 Surety 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 Union No 102 Surety Plan lands in the large band (2,382 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • IBEW Local Union No 102 Surety Plan end-of-year assets rose from $637M in the plan year 2023 filing to $685M in the plan year 2024 filing.
  • IBEW Local Union No 102 Surety Plan reported net income rose from $45M in the plan year 2023 filing to $47M in the plan year 2024 filing.
  • IBEW Local Union No 102 Surety Plan reported participants rose from 2,283 in the plan year 2023 filing to 2,382 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 222347484 · IBEW Local Union No 102 Surety Plan Board of Trustees PY 2024 · Profit Sharing

IBEW Local Union No 102 Surety Plan · $685M · 2,382 · 98th

  • PHOTO $685M
  • PHOTO 2,382
  • PHOTO 98th
  • PHOTO Profit Sharing
  • PHOTO near The Boston Consulting Group, Inc. Employees' Profit Sharing Retirement Fund
  • PHOTO ind #8840

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 New Jersey →

IBEW Local Union No 102 Surety Plan in the asset neighbourhood

Nfl Player Capital Accumulation PlanNfl Player Capital Accumulat…$707MLoma Linda University Faculty Medical Group Multiple Employer Retirement PlanLoma Linda University Facult…$700MThe Boston Consulting Group, Inc. Employees' Profit Sharing Retirement FundThe Boston Consulting Group,…$686MIBEW Local Union No 102 Surety PlanIBEW Local Union No 102 Sure…$685MBill & Melinda Gates Foundation Sharing Retirement PlanBill & Melinda Gates Foundat…$680M
End-of-year total assets ($M) among IBEW Local Union No 102 Surety Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

New Jersey filing particulars

Total Assets (Beginning of Year)$637M
Net Assets (End of Year)$684M
Net Income$47M
Employer EIN222347484
Plan Effective Date1981-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (IBEW Local Union No 102 Surety Plan Board of Trustees)

Sponsor-wide plan assets over time

All IBEW Local Union No 102 Surety Plan Board of Trustees plans reported in each filing year

Latest sponsor-wide plan assets
$685M 15.549067540332615% vs 2022
2024 filing year
$550M$600M$650M$700M 202220232024 $593M $685M ▲ +15.5%
Year Plans Participants Total Assets
2022 1 3,061 $593M
2023 1 2,283 $637M
2024 1 2,382 $685M

Nearby Profit Sharing Plans in New Jersey

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

IBEW Local Union No 102 Surety Plan vs. nearby Profit Sharing plans in New Jersey, assets vs. participants Scatter plot of 6 data points. 020004000600080001000012000 00.511.522.53 Total assets ($B) Participants IBEW Local Union No 102 Surety Plan, Total assets ($B): 0.684866455 · Participants: 2382IBEW Local Union No 102 Surety PlanErnst & Young Partnership Retirement (Hr-10) Plan, Total assets ($B): 2.537544692 · Participants: 1666Ernst & Young Partnership Retirement (Hr-10) PlanHeavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan, Total assets ($B): 1.550996804 · Participants: 8865Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity PlanOperating Engineers Local 825 Profit Sharing Fund, Total assets ($B): 1.508059789 · Participants: 10365Operating Engineers Local 825 Profit Sharing FundKpmg Partner Retirement Savings Plan, Total assets ($B): 0.52416742 · Participants: 1704Kpmg Partner Retirement Savings PlanCooper Health System, Inc. Defined Contribution Retirement Plan, Total assets ($B): 0.359245002 · Participants: 7208Cooper Health System, Inc. Defined Contribution Retirement Plan
IBEW Local Union No 102 Surety Plan vs. nearby Profit Sharing plans in New Jersey, assets vs. participants

IBEW Local Union No 102 Surety Plan's out-of-state Profit Sharing peers by assets and headcount

Outside New Jersey, the nearest Profit Sharing by assets is The Boston Consulting Group, Inc. Employees' Profit Sharing Retirement Fund in MA ($686M); by covered participants it is Bricklayers Local 1 of PA/De Annuity Fund in PA (2,379 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,382 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did IBEW Local Union No 102 Surety Plan assets move in 2024?
IBEW Local Union No 102 Surety Plan grew at a solid clip - up 7.4% during 2024, from $637M to $685M. Reported net income was $47M.
How have IBEW Local Union No 102 Surety Plan Board of Trustees plan assets changed over time?
Across 3 plan years on file (2022-2024), IBEW Local Union No 102 Surety Plan Board of Trustees's sponsor-wide assets grew 15.5%, from $593M to $685M.
Where does IBEW Local Union No 102 Surety Plan rank by assets among Form 5500 filers?
IBEW Local Union No 102 Surety Plan ranks in the 98th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which Profit Sharing plans are similar in size to IBEW Local Union No 102 Surety Plan?
Among Profit Sharing plans in other states, the closest by assets is The Boston Consulting Group, Inc. Employees' Profit Sharing Retirement Fund in MA ($686M, 6,385 participants).
Which Profit Sharing plans cover a similar participant headcount to IBEW Local Union No 102 Surety Plan?
Among Profit Sharing plans in other states, the closest by covered participants is Bricklayers Local 1 of PA/De Annuity Fund in PA (2,379 participants, $348M in assets).