Profit Sharing · DOL Form 5500 · 2024

IBEW Local Union No. 124 Profit Sharing Plan

Data updated 2026-08-25

$447M
Total assets Above avg plan size
3,456
Participants Above avg headcount
97th
Percentile by assets National rank
$129,391
Avg per participant Near avg balance/head
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Official DOL plan name: I. B. E. W. Local Union No. 124 Annuity Plan · Sponsored by IBEW Local Union No. 124 · Missouri · Construction

$447M in assets, 3,456 participants

IBEW Local Union No. 124's I. B. E. W. Local Union No. 124 Annuity Plan reported $447M in total assets and 3,456 participants in its 2024 DOL Form 5500 filing, ranking in the 97th 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.

  • #8,724 in Construction (9,039 peers)

Coverage in Missouri

I. B. E. W. Local Union No. 124 Annuity Plan covers 3,456 participants in Missouri, 4.7x the typical Missouri plan (state average ~737 per filing). Assets: $447M.

#8,724
in Construction (9,039 peers)
+13.4%
assets growth YoY
4.5×
vs typical plan assets (national mean)

I. B. E. W. Local Union No. 124 Annuity Plan's outsized position by total assets

I. B. E. W. Local Union No. 124 Annuity Plan vs every filed plan by assets

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

$447,176,053 Top 3% higher than 97% 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 Union No. 124 Annuity 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. I. B. E. W. Local Union No. 124 Annuity Plan lands in the large band (3,456 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • I. B. E. W. Local Union No. 124 Annuity Plan reported net income fell from $66M in the plan year 2023 filing to $51M in the plan year 2024 filing.
  • I. B. E. W. Local Union No. 124 Annuity Plan end-of-year assets rose from $394M in the plan year 2023 filing to $447M in the plan year 2024 filing.
  • I. B. E. W. Local Union No. 124 Annuity Plan reported participants rose from 3,338 in the plan year 2023 filing to 3,456 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 431269910 · IBEW Local Union No. 124 PY 2024 · Profit Sharing

I. B. E. W. Local Union No. 124 Annuity Plan · $447M · 3,456 · 97th

  • IND $447M
  • IND 3,456
  • IND 97th
  • IND Profit Sharing
  • IND near Structural Iron Workers Local #1 Annuity Plan
  • IND ind #8724

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 Missouri →

I. B. E. W. Local Union No. 124 Annuity Plan in the asset neighbourhood

The Arc New York Affiliated Employers 401(k) PlanThe Arc New York Affiliated …$452MI. B. E. W. Local Union No. 124 Annuity PlanI. B. E. W. Local Union No. …$447MStructural Iron Workers Local #1 Annuity PlanStructural Iron Workers Loca…$444MThe Employees' Profit-Sharing Plan of Utility Trailer Manufacturing Company and Affiliated CompaniesThe Employees' Profit-Sharin…$444MBarnard College 403(b) Plan$441M
End-of-year total assets ($M) among I. B. E. W. Local Union No. 124 Annuity Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

Missouri filing particulars

Total Assets (Beginning of Year)$394M
Net Assets (End of Year)$445M
Net Income$51M
Employer EIN431269910
Plan Effective Date1982-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (IBEW Local Union No. 124)

Sponsor-wide plan assets over time

All IBEW Local Union No. 124 plans reported in each filing year

Latest sponsor-wide plan assets
$604M 35.28345544899682% vs 2022
2024 filing year
$400M$450M$500M$550M$600M$650M 202220232024 $446M $604M ▲ +35.3%
Year Plans Participants Total Assets
2022 2 6,282 $446M
2023 2 5,500 $536M
2024 2 6,437 $604M

Nearby Profit Sharing Plans in Missouri

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

I. B. E. W. Local Union No. 124 Annuity Plan vs. nearby Profit Sharing plans in Missouri, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 00.511.5 Total assets ($B) Participants I. B. E. W. Local Union No. 124 Annuity Plan, Total assets ($B): 0.447176053 · Participants: 3456I. B. E. W. Local Union No. 124 Annuity PlanBoilermakers National Annuity Trust, Total assets ($B): 1.333963448 · Participants: 18034Boilermakers National Annuity TrustPlumbers' & Pipefitters' Local 562 Supplemental Pension Plan & Trust, Total assets ($B): 0.458784892 · Participants: 4032Plumbers' & Pipefitters' Local 562 Supplemental Pension Plan & TrustAnnuity Fund of Operating Engineers Local 513, Total assets ($B): 0.323168728 · Participants: 9100Annuity Fund of Operating Engineers Local 513Pipe Fitters Local No 533 Individual Account Plan, Total assets ($B): 0.301782843 · Participants: 1427Pipe Fitters Local No 533 Individual Account PlanIBEW-NECA Retirement Plan, Total assets ($B): 0.213398671 · Participants: 632IBEW-NECA Retirement Plan
I. B. E. W. Local Union No. 124 Annuity Plan vs. nearby Profit Sharing plans in Missouri, assets vs. participants
Compare I. B. E. W. Local Union No. 124 Annuity Plan side-by-side with 3 peers →

I. B. E. W. Local Union No. 124 Annuity Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Missouri, the nearest Profit Sharing by assets is Structural Iron Workers Local #1 Annuity Plan in IL ($444M); by covered participants it is Peacehealth Southwest Medical Center Employer Contribution Plan in WA (3,472 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (3,456 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 Union No. 124 Annuity Plan assets move in 2024? ▼
I. B. E. W. Local Union No. 124 Annuity Plan grew at a solid clip - up 13.4% during 2024, from $394M to $447M. Reported net income was $51M.
How have IBEW Local Union No. 124 plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), IBEW Local Union No. 124's sponsor-wide assets grew 35.3%, from $446M to $604M.
Where does I. B. E. W. Local Union No. 124 Annuity Plan rank by assets among Form 5500 filers? ▼
I. B. E. W. Local Union No. 124 Annuity Plan ranks in the 97th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which Profit Sharing plans are similar in size to I. B. E. W. Local Union No. 124 Annuity Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Structural Iron Workers Local #1 Annuity Plan in IL ($444M, 3,530 participants).
Which Profit Sharing plans cover a similar participant headcount to I. B. E. W. Local Union No. 124 Annuity Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Peacehealth Southwest Medical Center Employer Contribution Plan in WA (3,472 participants, $240M 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 431269910.

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.