401(k) · DOL Form 5500 · 2024

Local Union 94 I.B.E.W. 401(k) Plan

Data updated 2026-08-25

$24M
Total assets Small plan by assets
2,080
Participants Near avg headcount
74th
Percentile by assets National rank
$11,587
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: IBEW Local Union 94 Annuity Fund · Sponsored by Local Union 94 I.B.E.W. · New Jersey · Utilities

$24M in assets, 2,080 participants

Local Union 94 I.B.E.W.'s IBEW Local Union 94 Annuity Fund reported $24M in total assets and 2,080 participants in its 2024 DOL Form 5500 filing, ranking in the 74th 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.

  • #283 in Utilities (732 peers)

Coverage in New Jersey

IBEW Local Union 94 Annuity Fund covers 2,080 participants in New Jersey, 2.5x the typical New Jersey plan (state average ~844 per filing). Assets: $24M.

#283
in Utilities (732 peers)
+15.9%
assets growth YoY

IBEW Local Union 94 Annuity Fund's outsized position by total assets

IBEW Local Union 94 Annuity Fund vs every filed plan by assets

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

$24,101,761 Top 26% higher than 74% 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 94 Annuity Fund'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 94 Annuity Fund lands in the large band (2,080 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • IBEW Local Union 94 Annuity Fund reported net income rose from $3M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • IBEW Local Union 94 Annuity Fund end-of-year assets rose from $21M in the plan year 2023 filing to $24M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 223314988 · Local Union 94 I.B.E.W. PY 2024 · 401(k)

IBEW Local Union 94 Annuity Fund · $24M · 2,080 · 74th

  • NET $24M
  • NET 2,080
  • NET 74th
  • NET 401(k)
  • NET near Premier Medical Group Profit Sharing Plan
  • NET ind #283

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 Utilities retirement plans → · Plans in New Jersey →

IBEW Local Union 94 Annuity Fund in the asset neighbourhood

IBEW Local Union 94 Annuity FundIBEW Local Union 94 Annuity …$24MPremier Medical Group Profit Sharing PlanPremier Medical Group Profit…$24MFintrust 401(k) Pooled Employer PlanFintrust 401(k) Pooled Emplo…$24MJack Demmer Ford, Inc. 401(k) PlanJack Demmer Ford, Inc. 401(k…$24MJht Holdings, Inc. and Participating Employers 401(k) PlanJht Holdings, Inc. and Parti…$24M
End-of-year total assets ($M) among IBEW Local Union 94 Annuity Fund and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

New Jersey filing particulars

Total Assets (Beginning of Year)$21M
Net Assets (End of Year)$24M
Net Income$3M
Employer EIN223314988
Plan Effective Date1999-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Local Union 94 I.B.E.W.)

Sponsor-wide plan assets over time

All Local Union 94 I.B.E.W. plans reported in each filing year

Latest sponsor-wide plan assets
$24M 33.00857881280692% vs 2022
2024 filing year
$16M$18M$20M$22M$24M$26M 202220232024 $18.1M $24.1M ▲ +33.0%
Year Plans Participants Total Assets
2022 1 2,080 $18M
2023 1 2,080 $21M
2024 1 2,080 $24M

Nearby 401(k) Plans in New Jersey

Peer 401(k) plans, same state, same plan type, ranked by total assets.

IBEW Local Union 94 Annuity Fund vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants IBEW Local Union 94 Annuity Fund, Total assets ($B): 0.024101761 · Participants: 2080IBEW Local Union 94 Annuity FundJPMorgan Chase 401(k) Savings Plan, Total assets ($B): 52.9134575 · Participants: 185532JPMorgan Chase 401(k) Savings PlanVerizon Savings Plan for Management Employees, Total assets ($B): 29.376133902 · Participants: 69218Verizon Savings Plan for Management EmployeesJohnson and Johnson Savings Plan, Total assets ($B): 23.58476515 · Participants: 42583Johnson and Johnson Savings PlanErnst & Young Retirement Savings Plan, Total assets ($B): 18.327167732 · Participants: 56714Ernst & Young Retirement Savings PlanMerck US Savings Plan, Total assets ($B): 14.970916966 · Participants: 27956Merck US Savings Plan
IBEW Local Union 94 Annuity Fund vs. nearby 401(k) plans in New Jersey, assets vs. participants

IBEW Local Union 94 Annuity Fund's out-of-state 401(k) peers by assets and headcount

Outside New Jersey, the nearest 401(k) by assets is Premier Medical Group Profit Sharing Plan in NY ($24M); by covered participants it is Viad Corp Capital Accumulation Plan in AZ (2,080 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,080 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 94 Annuity Fund assets move in 2024?
IBEW Local Union 94 Annuity Fund grew sharply - up 15.9% during 2024, from $21M to $24M. Reported net income was $3M.
How have Local Union 94 I.B.E.W. plan assets changed over time?
Across 3 plan years on file (2022-2024), Local Union 94 I.B.E.W.'s sponsor-wide assets grew 33.0%, from $18M to $24M.
Which 401(k) plans are similar in size to IBEW Local Union 94 Annuity Fund?
Among 401(k) plans in other states, the closest by assets is Premier Medical Group Profit Sharing Plan in NY ($24M, 99 participants).
Which 401(k) plans cover a similar participant headcount to IBEW Local Union 94 Annuity Fund?
Among 401(k) plans in other states, the closest by covered participants is Viad Corp Capital Accumulation Plan in AZ (2,080 participants, $263M in assets).