401(k) · DOL Form 5500 · 2024

IBEW Local 38 401(k) Retirement Plan 401(k) Plan

Data updated 2026-08-25

$168M
Total assets Near avg plan size
1,761
Participants Near avg headcount
94th
Percentile by assets National rank
$95,586
Avg per participant Below avg balance/head
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Official DOL plan name: IBEW Local 38 401(k) Retirement Plan · Sponsored by IBEW Local 38 401(k) Retirement Plan · Ohio · Construction

$168M in assets, 1,761 participants

IBEW Local 38 401(k) Retirement Plan's IBEW Local 38 401(k) Retirement Plan reported $168M in total assets and 1,761 participants in its 2024 DOL Form 5500 filing, ranking in the 94th 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.

  • #8,342 in Construction (9,039 peers)

Coverage in Ohio

IBEW Local 38 401(k) Retirement Plan covers 1,761 participants in Ohio, 2.3x the typical Ohio plan (state average ~765 per filing). Assets: $168M.

#8,342
in Construction (9,039 peers)
+14.9%
assets growth YoY
1.7×
vs typical plan assets (national mean)

IBEW Local 38 401(k) Retirement Plan's outsized position by total assets

IBEW Local 38 401(k) Retirement Plan vs every filed plan by assets

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

$168,327,698 Top 6% higher than 94% 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 38 401(k) Retirement Plan'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 38 401(k) Retirement Plan lands in the large band (1,761 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • IBEW Local 38 401(k) Retirement Plan reported net income rose from $19M in the plan year 2023 filing to $22M in the plan year 2024 filing.
  • IBEW Local 38 401(k) Retirement Plan end-of-year assets rose from $147M in the plan year 2023 filing to $168M in the plan year 2024 filing.
  • IBEW Local 38 401(k) Retirement Plan reported participants rose from 1,695 in the plan year 2023 filing to 1,761 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 341619944 · IBEW Local 38 401(k) Retirement Plan PY 2024 · 401(k)

IBEW Local 38 401(k) Retirement Plan · $168M · 1,761 · 94th

  • RANK $168M
  • RANK 1,761
  • RANK 94th
  • RANK 401(k)
  • RANK near Deckers Outdoor Corporation 401(k) Plan
  • RANK ind #8342

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 →

IBEW Local 38 401(k) Retirement Plan in the asset neighbourhood

Extra Space Management, Inc. 401(k) PlanExtra Space Management, Inc.…$168MMeriton, LLC 401(k) Profit Sharing PlanMeriton, LLC 401(k) Profit S…$168MKodak Alaris Retirement Savings PlanKodak Alaris Retirement Savi…$168MDeckers Outdoor Corporation 401(k) PlanDeckers Outdoor Corporation …$168MIBEW Local 38 401(k) Retirement PlanIBEW Local 38 401(k) Retirem…$168M
End-of-year total assets ($M) among IBEW Local 38 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Ohio filing particulars

Total Assets (Beginning of Year)$147M
Net Assets (End of Year)$168M
Net Income$22M
Employer EIN341619944
Plan Effective Date1989-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (IBEW Local 38 401(k) Retirement Plan)

Sponsor-wide plan assets over time

All IBEW Local 38 401(k) Retirement Plan plans reported in each filing year

Latest sponsor-wide plan assets
$168M 31.828851591004437% vs 2022
2024 filing year
$120M$140M$160M$180M 202220232024 $128M $168M ▲ +31.8%
Year Plans Participants Total Assets
2022 1 1,610 $128M
2023 1 1,695 $147M
2024 1 1,761 $168M

Nearby 401(k) Plans in Ohio

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

IBEW Local 38 401(k) Retirement Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -505101520 Total assets ($B) Participants IBEW Local 38 401(k) Retirement Plan, Total assets ($B): 0.168327698 · Participants: 1761IBEW Local 38 401(k) Retirement 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
IBEW Local 38 401(k) Retirement Plan vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare IBEW Local 38 401(k) Retirement Plan side-by-side with 3 peers →

IBEW Local 38 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Deckers Outdoor Corporation 401(k) Plan in CA ($168M); by covered participants it is Hotwire Communications 401(k) Plan in FL (1,761 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($168M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,761 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 38 401(k) Retirement Plan assets move in 2024? ▼
IBEW Local 38 401(k) Retirement Plan grew at a solid clip - up 14.9% during 2024, from $147M to $168M. Reported net income was $22M.
How have IBEW Local 38 401(k) Retirement Plan plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), IBEW Local 38 401(k) Retirement Plan's sponsor-wide assets grew 31.8%, from $128M to $168M.
Where does IBEW Local 38 401(k) Retirement Plan rank by assets among Form 5500 filers? ▼
IBEW Local 38 401(k) Retirement Plan ranks in the 94th 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 IBEW Local 38 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Deckers Outdoor Corporation 401(k) Plan in CA ($168M, 1,990 participants).
Which 401(k) plans cover a similar participant headcount to IBEW Local 38 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Hotwire Communications 401(k) Plan in FL (1,761 participants, $37M 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 341619944.

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.