Profit Sharing · DOL Form 5500 · 2024

Trustees of the IBEW Local No. 607 Annuity Fund Profit Sharing Plan

Data updated 2026-08-25

$40M
Total assets Below avg plan size
169
Participants Small participant base
81st
Percentile by assets National rank
$237,337
Avg per participant Above avg balance/head
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Official DOL plan name: IBEW Local No. 607 Annuity Fund · Sponsored by Trustees of the IBEW Local No. 607 Annuity Fund · New Jersey · Construction

$40M in assets, 169 participants

Trustees of the IBEW Local No. 607 Annuity Fund's IBEW Local No. 607 Annuity Fund reported $40M in total assets and 169 participants in its 2024 DOL Form 5500 filing, ranking in the 81st 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.

  • #7,225 in Construction (9,039 peers)

Coverage in New Jersey

IBEW Local No. 607 Annuity Fund covers 169 participants in New Jersey, about 20% of the average New Jersey filer (state average ~844 per filing). Assets: $40M.

#7,225
in Construction (9,039 peers)
+13.7%
assets growth YoY
0.4×
vs typical plan assets (national mean)

IBEW Local No. 607 Annuity Fund's outsized position by total assets

IBEW Local No. 607 Annuity Fund vs every filed plan by assets

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

$40,110,032 Top 19% higher than 81% 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 No. 607 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. IBEW Local No. 607 Annuity Fund sits mid-pack in the medium band (169 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • IBEW Local No. 607 Annuity Fund reported participants fell from 207 in the plan year 2023 filing to 169 in the plan year 2024 filing.
  • IBEW Local No. 607 Annuity Fund end-of-year assets rose from $35M in the plan year 2023 filing to $40M in the plan year 2024 filing.
  • IBEW Local No. 607 Annuity Fund reported net income fell from $5M in the plan year 2023 filing to $5M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 232339624 · Trustees of the IBEW Local No. 607 Annuity Fund PY 2024 · Profit Sharing

IBEW Local No. 607 Annuity Fund · $40M · 169 · 81st

  • EBSA $40M
  • PART 169
  • TYPE 81st
  • NET Profit Sharing
  • BOOK near Alaskan Copper Companies, Inc. Profit Sharing Plan and Trust
  • VS-ST ind #7225

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 No. 607 Annuity Fund in the asset neighbourhood

Luhr Crosby, LLC Employees Profit Sharing Plan and TrustLuhr Crosby, LLC Employees P…$40MCold Spring Construction Company Employees' Profit Sharing Plan and TrustCold Spring Construction Com…$40MIBEW Local No. 607 Annuity FundIBEW Local No. 607 Annuity F…$40MAlaskan Copper Companies, Inc. Profit Sharing Plan and TrustAlaskan Copper Companies, In…$40MOmni Family Health 403(b) PlanOmni Family Health 403(b) Pl…$40M
End-of-year total assets ($M) among IBEW Local No. 607 Annuity Fund and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

New Jersey filing particulars

Total Assets (Beginning of Year)$35M
Net Assets (End of Year)$40M
Net Income$5M
Employer EIN232339624
Plan Effective Date1985-03-08
Filing StatusFILING RECEIVED

Sponsor Plan History (Trustees of the IBEW Local No. 607 Annuity Fund)

Sponsor-wide plan assets over time

All Trustees of the IBEW Local No. 607 Annuity Fund plans reported in each filing year

Latest sponsor-wide plan assets
$40M 34.12703301274624% vs 2022
2024 filing year
$25M$30M$35M$40M$45M 202220232024 $29.9M $40.1M ▲ +34.1%
Year Plans Participants Total Assets
2022 1 152 $30M
2023 1 207 $35M
2024 1 169 $40M

Nearby Profit Sharing Plans in New Jersey

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

IBEW Local No. 607 Annuity Fund vs. nearby Profit Sharing plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -10123 Total assets ($B) Participants IBEW Local No. 607 Annuity Fund, Total assets ($B): 0.040110032 · Participants: 169IBEW Local No. 607 Annuity FundErnst & 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 ($B): 1.508059789 · Participants: 10365Operating Engineers Local 825 Profit Sharing FundIBEW Local Union No 102 Surety Plan, Total assets ($B): 0.684866455 · Participants: 2382IBEW Local Union No 102 Surety PlanKpmg Partner Retirement Savings Plan, Total assets ($B): 0.52416742 · Participants: 1704Kpmg Partner Retirement Savings Plan
IBEW Local No. 607 Annuity Fund vs. nearby Profit Sharing plans in New Jersey, assets vs. participants
Compare IBEW Local No. 607 Annuity Fund side-by-side with 3 peers →

IBEW Local No. 607 Annuity Fund's out-of-state Profit Sharing peers by assets and headcount

Outside New Jersey, the nearest Profit Sharing by assets is Alaskan Copper Companies, Inc. Profit Sharing Plan and Trust in WA ($40M); by covered participants it is Brighton Center, Inc. Employee Pension Plan in KY (169 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (169 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 No. 607 Annuity Fund assets move in 2024? ▼
IBEW Local No. 607 Annuity Fund grew at a solid clip - up 13.7% during 2024, from $35M to $40M. Reported net income was $5M.
How have Trustees of the IBEW Local No. 607 Annuity Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Trustees of the IBEW Local No. 607 Annuity Fund's sponsor-wide assets grew 34.1%, from $30M to $40M.
Where does IBEW Local No. 607 Annuity Fund rank by assets among Form 5500 filers? ▼
IBEW Local No. 607 Annuity Fund ranks in the 81st percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which Profit Sharing plans are similar in size to IBEW Local No. 607 Annuity Fund? ▼
Among Profit Sharing plans in other states, the closest by assets is Alaskan Copper Companies, Inc. Profit Sharing Plan and Trust in WA ($40M, 105 participants).
Which Profit Sharing plans cover a similar participant headcount to IBEW Local No. 607 Annuity Fund? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Brighton Center, Inc. Employee Pension Plan in KY (169 participants, $8M in assets).

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 232339624.

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.