Profit Sharing · DOL Form 5500 · 2024

Bd of Trustees I.B.E.W. Local 1253 Retirement Plan Profit Sharing Plan

Data updated 2026-08-25

$55M
Total assets Below avg plan size
538
Participants Below avg headcount
85th
Percentile by assets National rank
$102,018
Avg per participant Below avg balance/head
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Official DOL plan name: I.B.E.W. Local 1253 Retirement Plan · Sponsored by Bd of Trustees I.B.E.W. Local 1253 Retirement Plan · Maine · Construction

$55M in assets, 538 participants

Bd of Trustees I.B.E.W. Local 1253 Retirement Plan's I.B.E.W. Local 1253 Retirement Plan reported $55M in total assets and 538 participants in its 2024 DOL Form 5500 filing, ranking in the 85th 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.

  • #7,541 in Construction (9,039 peers)

Where I.B.E.W. Local 1253 Retirement Plan sits by assets

I.B.E.W. Local 1253 Retirement Plan sits in the top quartile of all filed plans by assets, $55M for 538 participants (~$102,018/participant), up 8.7% in 2024.

#7,541
in Construction (9,039 peers)
+8.7%
assets growth YoY
0.6×
vs typical plan assets (national mean)

I.B.E.W. Local 1253 Retirement Plan's outsized position by total assets

I.B.E.W. Local 1253 Retirement Plan vs every filed plan by assets

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

$54,885,454 Top 15% higher than 85% 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 1253 Retirement 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 1253 Retirement Plan sits mid-pack in the medium band (538 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • I.B.E.W. Local 1253 Retirement Plan reported net income fell from $8M in the plan year 2023 filing to $4M in the plan year 2024 filing.
  • I.B.E.W. Local 1253 Retirement Plan reported participants rose from 477 in the plan year 2023 filing to 538 in the plan year 2024 filing.
  • I.B.E.W. Local 1253 Retirement Plan end-of-year assets rose from $50M in the plan year 2023 filing to $55M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 016045419 · Bd of Trustees I.B.E.W. Local 1253 Retirement Plan PY 2024 · Profit Sharing

I.B.E.W. Local 1253 Retirement Plan · $55M · 538 · 85th

  • BOOK $55M
  • BOOK 538
  • BOOK 85th
  • BOOK Profit Sharing
  • BOOK near Ncqa Retirement Plan
  • BOOK ind #7541

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 Maine →

I.B.E.W. Local 1253 Retirement Plan in the asset neighbourhood

University Physician Group 401(a) Retirement PlanUniversity Physician Group 4…$55MNcqa Retirement Plan$55MI.B.E.W. Local 1253 Retirement PlanI.B.E.W. Local 1253 Retireme…$55MThe Judge Rotenberg Educational Center, Inc. Retirement PlanThe Judge Rotenberg Educatio…$55MCasa Colina, Inc. 403(b) Retirement PlanCasa Colina, Inc. 403(b) Ret…$55M
End-of-year total assets ($M) among I.B.E.W. Local 1253 Retirement Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$50M
Net Assets (End of Year)$55M
Net Income$4M
Employer EIN016045419
Plan Effective Date1973-10-19
Filing StatusFILING RECEIVED

Sponsor Plan History (Bd of Trustees I.B.E.W. Local 1253 Retirement Plan)

Sponsor-wide plan assets over time

All Bd of Trustees I.B.E.W. Local 1253 Retirement Plan plans reported in each filing year

Latest sponsor-wide plan assets
$55M 28.76210866413907% vs 2022
2024 filing year
$40M$45M$50M$55M$60M 202220232024 $42.6M $54.9M ▲ +28.8%
Year Plans Participants Total Assets
2022 1 445 $43M
2023 1 477 $50M
2024 1 538 $55M

Nearby Profit Sharing Plans in Maine

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

I.B.E.W. Local 1253 Retirement Plan vs. nearby Profit Sharing plans in Maine, assets vs. participants Scatter plot of 6 data points. 02004006008001000 102030405060 Total assets ($M) Participants I.B.E.W. Local 1253 Retirement Plan, Total assets ($M): 54.885454 · Participants: 538I.B.E.W. Local 1253 Retirement PlanPenobscot Community Health Center 403(b) Plan, Total assets ($M): 41.854365 · Participants: 858Penobscot Community Health Center 403(b) PlanMaine Dartmouth Family Medicine Residency 403(b) Plan, Total assets ($M): 29.192815 · Participants: 121Maine Dartmouth Family Medicine Residency 403(b) PlanShaw Brothers Construction Profit Sharing Plan, Total assets ($M): 27.155106 · Participants: 212Shaw Brothers Construction Profit Sharing PlanThomas College DC Retirement Plan, Total assets ($M): 23.077585 · Participants: 153Thomas College DC Retirement PlanPenquis Cap 403(b) Plan, Total assets ($M): 19.267833 · Participants: 501Penquis Cap 403(b) Plan
I.B.E.W. Local 1253 Retirement Plan vs. nearby Profit Sharing plans in Maine, assets vs. participants
Compare I.B.E.W. Local 1253 Retirement Plan side-by-side with 3 peers →

I.B.E.W. Local 1253 Retirement Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Maine, the nearest Profit Sharing by assets is Ncqa Retirement Plan in DC ($55M); by covered participants it is Dr Susoni Health Community Service Corp Dba Hospital Cayetano Coli Y Toste Retirement Plan in PR (539 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (538 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 1253 Retirement Plan assets move in 2024? ▼
I.B.E.W. Local 1253 Retirement Plan grew at a solid clip - up 8.7% during 2024, from $50M to $55M. Reported net income was $4M.
How have Bd of Trustees I.B.E.W. Local 1253 Retirement Plan plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Bd of Trustees I.B.E.W. Local 1253 Retirement Plan's sponsor-wide assets grew 28.8%, from $43M to $55M.
Where does I.B.E.W. Local 1253 Retirement Plan rank by assets among Form 5500 filers? ▼
I.B.E.W. Local 1253 Retirement Plan ranks in the 85th 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 I.B.E.W. Local 1253 Retirement Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Ncqa Retirement Plan in DC ($55M, 478 participants).
Which Profit Sharing plans cover a similar participant headcount to I.B.E.W. Local 1253 Retirement Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Dr Susoni Health Community Service Corp Dba Hospital Cayetano Coli Y Toste Retirement Plan in PR (539 participants, $2M 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 016045419.

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.