Profit Sharing · DOL Form 5500 · 2024

Board of Trustees of IBEW Local 840 Annuity Fund Profit Sharing Plan

Data updated 2026-08-25

$16M
Total assets Small plan by assets
390
Participants Below avg headcount
66th
Percentile by assets National rank
$41,321
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

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.

  • #5,846 in Construction (9,039 peers)

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 ~798 per filing). Assets: $16M.

#5,846
in Construction (9,039 peers)
+3.4%
assets growth YoY

Local 840 IBEW Annuity Fund's mid-pack asset rank among Construction and all filers

Local 840 IBEW Annuity Fund vs every filed plan by assets

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

$16,114,995 Top 34% higher than 66% 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

Local 840 IBEW Annuity Fund among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Local 840 IBEW Annuity Fund sits mid-pack in the medium band (390 participants).

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.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 226477218 · Board of Trustees of IBEW Local 840 Annuity Fund PY 2024 · Profit Sharing

Local 840 IBEW Annuity Fund · $16M · 390 · 66th

  • PCT $16M
  • EIN 390
  • RANK 66th
  • PHOTO Profit Sharing
  • IND near Brown & Brown Law Offices, P.C. Profit Sharing Plan
  • EOY ind #5846

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 York →

Local 840 IBEW Annuity Fund in the asset neighbourhood

Apcon, Inc.401(k) Plan$16MLocal 840 IBEW Annuity Fund$16MBrown & Brown Law Offices, P.C. Profit Sharing PlanBrown & Brown Law Offices, P…$16MCenter for Energy and Environment 403(b) PlanCenter for Energy and Enviro…$16MSouthlake Orthopaedics Sports Medicine & Spine Center Profit Sharing PlanSouthlake Orthopaedics Sport…$16M
End-of-year total assets ($M) among Local 840 IBEW Annuity Fund and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

New York filing particulars

Total Assets (Beginning of Year)$16M
Net Assets (End of Year)$16M
Net Income$540K
Employer EIN226477218
Plan Effective Date1989-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees of IBEW Local 840 Annuity Fund)

Sponsor-wide plan assets over time

All Board of Trustees of IBEW Local 840 Annuity Fund plans reported in each filing year

Latest sponsor-wide plan assets
$16M 9.022985962922567% vs 2022
2024 filing year
$14.5M$15M$15.5M$16M$16.5M 202220232024 $14.8M $16.1M ▲ +9.0%
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 Scatter plot of 6 data points. -500005000100001500020000 -10123 Total assets ($B) Participants Local 840 IBEW Annuity Fund, Total assets ($B): 0.016114995 · Participants: 390Local 840 IBEW Annuity FundAnnuity Plan of the Electrical Industry, Total assets ($B): 2.296401236 · Participants: 18200Annuity Plan of the Electrical IndustryAnnuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIO, Total assets ($B): 2.056246349 · Participants: 3278Annuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIOAnnuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIO, Total assets ($B): 1.821807482 · Participants: 5817Annuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIOThe Research Foundation for the State University of New York Retirement Plan, Total assets ($B): 1.269293939 · Participants: 9758The Research Foundation for the State University of New York Retirement PlanRochester Regional Health 403(b) Defined Contribution Plan, Total assets ($B): 0.987006461 · Participants: 15432Rochester Regional Health 403(b) Defined Contribution Plan
Local 840 IBEW Annuity Fund vs. nearby Profit Sharing plans in New York, assets vs. participants

Local 840 IBEW Annuity Fund's out-of-state Profit Sharing peers by assets and headcount

Outside New York, the nearest Profit Sharing by assets is Brown & Brown Law Offices, P.C. Profit Sharing Plan in AZ ($16M); by covered participants it is East Manufacturing Corporation Profit Sharing Plan in OH (390 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (390 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 Local 840 IBEW Annuity Fund assets move in 2024?
Local 840 IBEW Annuity Fund edged up modestly - up 3.4% during 2024, from $16M to $16M. Reported net income was $540K.
How have Board of Trustees of IBEW Local 840 Annuity Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees of IBEW Local 840 Annuity Fund's sponsor-wide assets grew 9.0%, from $15M to $16M.
Which Profit Sharing plans are similar in size to Local 840 IBEW Annuity Fund?
Among Profit Sharing plans in other states, the closest by assets is Brown & Brown Law Offices, P.C. Profit Sharing Plan in AZ ($16M, 9 participants).
Which Profit Sharing plans cover a similar participant headcount to Local 840 IBEW Annuity Fund?
Among Profit Sharing plans in other states, the closest by covered participants is East Manufacturing Corporation Profit Sharing Plan in OH (390 participants, N/A in assets).