Profit Sharing · DOL Form 5500 · 2024
Board of Trustees of IBEW Local 840 Annuity Fund Profit Sharing Plan
Data updated 2026-08-06
- $16M
- Total assets
- 390
- Participants
- 66th
- Percentile by assets
- $41,321
- Avg per participant
Official DOL plan name: Local 840 IBEW Annuity Fund · Sponsored by Board of Trustees of IBEW Local 840 Annuity Fund · New York · Construction
$16M in assets, 390 participants
Board of Trustees of IBEW Local 840 Annuity Fund's Local 840 IBEW Annuity Fund reported $16M in total assets and 390 participants in its 2024 DOL Form 5500 filing, ranking in the 66th 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.
- 66th percentile by assets (of 116,472 plans)
Coverage in New York
Local 840 IBEW Annuity Fund covers 390 participants in New York, about 49% of the average New York filer (state average ~795 per filing). Assets: $16M.
- $16M
- total plan assets (2024 EOY)
- 390
- covered participants
- 66th
- percentile by assets (of 116,472 plans)
- $41,321
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Local 840 IBEW Annuity Fund reported net income fell from $798K in the plan year 2023 filing to $540K in the plan year 2024 filing.
- Local 840 IBEW Annuity Fund reported participants rose from 315 in the plan year 2023 filing to 390 in the plan year 2024 filing.
- Local 840 IBEW Annuity Fund end-of-year assets rose from $16M in the plan year 2023 filing to $16M in the plan year 2024 filing.
Participants vs New York filers
In New York, the average filing covers about 795 participants across 8,491 plans. Local 840 IBEW Annuity Fund reports 390 participants - about 49% of that state average ($16M EOY assets).
New York filing particulars
| Total Assets (Beginning of Year) | $16M |
|---|---|
| Net Assets (End of Year) | $16M |
| Net Income | $540K |
| Employer EIN | 226477218 |
| Plan Effective Date | 1989-06-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees of IBEW Local 840 Annuity Fund)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 290 | $15M |
| 2023 | 1 | 315 | $16M |
| 2024 | 1 | 390 | $16M |
Nearby Profit Sharing Plans in New York
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
Local 840 IBEW Annuity Fund vs. nearby Profit Sharing plans in New York, assets vs. participants
- Annuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIO $2.1B · 3,278
- Annuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIO $1.8B · 5,817
- The Research Foundation for the State University of New York Retirement Plan $1.3B · 9,758
- Rochester Regional Health 403(b) Defined Contribution Plan $987M · 15,432
- Mason Tenders District Council Annuity Fund $944M · 11,824
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Local 840 IBEW Annuity Fund by total assets, not by location.
Frequently Asked Questions
How did Local 840 IBEW Annuity Fund assets move in 2024? ▼
How have Board of Trustees of IBEW Local 840 Annuity Fund plan assets changed over time? ▼
Which Profit Sharing plans are similar in size to Local 840 IBEW Annuity Fund? ▼
Next read for Local 840 IBEW Annuity Fund
Filing takeaways
Ways to act on Local 840 IBEW Annuity Fund's numbers.
- By total assets, Local 840 IBEW Annuity Fund ranks above the median plan by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in New York. Compare plans
- Board of Trustees of IBEW Local 840 Annuity Fund's sponsor-wide assets have grown 9.0% since 2022 across 3 plan years on file. More Construction plans
Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.
Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 226477218.
Read our methodology - how this data is sourced, computed, and verified.