401(k) · DOL Form 5500 · 2024

I.B.E.W. Local No. 540 Security 401(k) Plan

Data updated 2026-08-25

$90M
Total assets Below avg plan size
919
Participants Near avg headcount
90th
Percentile by assets National rank
$97,588
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: I.B.E.W. Local 540 Security Plan · Sponsored by I.B.E.W. Local No. 540 Security · Ohio · Construction

$90M in assets, 919 participants

I.B.E.W. Local No. 540 Security's I.B.E.W. Local 540 Security Plan reported $90M in total assets and 919 participants in its 2024 DOL Form 5500 filing, ranking in the 90th 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.

  • #7,957 in Construction (9,039 peers)

Where I.B.E.W. Local 540 Security Plan sits by assets

I.B.E.W. Local 540 Security Plan sits in the top 10% of all filed plans by assets, $90M for 919 participants (~$97,588/participant), up 18.1% in 2024.

#7,957
in Construction (9,039 peers)
+18.1%
assets growth YoY
0.9×
vs typical plan assets (national mean)

I.B.E.W. Local 540 Security Plan's outsized position by total assets

I.B.E.W. Local 540 Security Plan vs every filed plan by assets

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

$89,683,050 Top 10% higher than 90% 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

I.B.E.W. Local 540 Security Plan 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. I.B.E.W. Local 540 Security Plan sits mid-pack in the medium band (919 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • I.B.E.W. Local 540 Security Plan end-of-year assets rose from $76M in the plan year 2023 filing to $90M in the plan year 2024 filing.
  • I.B.E.W. Local 540 Security Plan reported participants rose from 820 in the plan year 2023 filing to 919 in the plan year 2024 filing.
  • I.B.E.W. Local 540 Security Plan reported net income rose from $13M in the plan year 2023 filing to $14M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 340225473 · I.B.E.W. Local No. 540 Security PY 2024 · 401(k)

I.B.E.W. Local 540 Security Plan · $90M · 919 · 90th

  • VS-ST $90M
  • BOY 919
  • SCH 90th
  • EBSA 401(k)
  • PART near Symbotic LLC 401(k) Plan
  • TYPE ind #7957

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 Ohio →

I.B.E.W. Local 540 Security Plan in the asset neighbourhood

Hme Retirement Savings Plan$90MI.B.E.W. Local 540 Security PlanI.B.E.W. Local 540 Security …$90MSymbotic LLC 401(k) Plan$90MThe Proconex Group 401(k) PlanThe Proconex Group 401(k) Pl…$90MAllied Digestive Health 401(k) PlanAllied Digestive Health 401(…$90M
End-of-year total assets ($M) among I.B.E.W. Local 540 Security Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$76M
Net Assets (End of Year)$90M
Net Income$14M
Employer EIN340225473
Plan Effective Date1999-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (I.B.E.W. Local No. 540 Security)

Sponsor-wide plan assets over time

All I.B.E.W. Local No. 540 Security plans reported in each filing year

Latest sponsor-wide plan assets
$90M 41.91452032869817% vs 2022
2024 filing year
$60M$70M$80M$90M$100M 202220232024 $63.2M $89.7M ▲ +41.9%
Year Plans Participants Total Assets
2022 1 748 $63M
2023 1 820 $76M
2024 1 919 $90M

Nearby 401(k) Plans in Ohio

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

I.B.E.W. Local 540 Security Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -505101520 Total assets ($B) Participants I.B.E.W. Local 540 Security Plan, Total assets ($B): 0.08968305 · Participants: 919I.B.E.W. Local 540 Security PlanGE Aerospace Retirement Savings Plan, Total assets ($B): 14.738724553 · Participants: 45620GE Aerospace Retirement Savings PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 11.809161 · Participants: 135373The Kroger Co. 401(k) Retirement Savings Account PlanThe Progressive 401(k) Plan, Total assets ($B): 11.533546294 · Participants: 62521The Progressive 401(k) PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 10.563559628 · Participants: 47459The Sherwin-Williams Company 401(k) PlanParker Retirement Savings Plan, Total assets ($B): 9.010073432 · Participants: 26315Parker Retirement Savings Plan
I.B.E.W. Local 540 Security Plan vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare I.B.E.W. Local 540 Security Plan side-by-side with 3 peers →

I.B.E.W. Local 540 Security Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Symbotic LLC 401(k) Plan in MA ($90M); by covered participants it is Hims 401(k) Plan in CA (919 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($90M here).

Similar participant headcount

Nearest other-state filings by covered participants (919 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 I.B.E.W. Local 540 Security Plan assets move in 2024? ▼
I.B.E.W. Local 540 Security Plan grew sharply - up 18.1% during 2024, from $76M to $90M. Reported net income was $14M.
How have I.B.E.W. Local No. 540 Security plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), I.B.E.W. Local No. 540 Security's sponsor-wide assets grew 41.9%, from $63M to $90M.
Where does I.B.E.W. Local 540 Security Plan rank by assets among Form 5500 filers? ▼
I.B.E.W. Local 540 Security Plan ranks in the 90th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to I.B.E.W. Local 540 Security Plan? ▼
Among 401(k) plans in other states, the closest by assets is Symbotic LLC 401(k) Plan in MA ($90M, 1,216 participants).
Which 401(k) plans cover a similar participant headcount to I.B.E.W. Local 540 Security Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Hims 401(k) Plan in CA (919 participants, $54M 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 340225473.

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.