401(k) · DOL Form 5500 · 2024

Trustees of IBEW Local 309-401(k) Retirement Plan 401(k) Plan

Data updated 2026-08-25

$26M
Total assets Below avg plan size
540
Participants Below avg headcount
75th
Percentile by assets National rank
$48,304
Avg per participant Low balance/head
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Official DOL plan name: IBEW Local 309 401(k) Retirement Plan · Sponsored by Trustees of IBEW Local 309-401(k) Retirement Plan · Illinois · Construction

$26M in assets, 540 participants

Trustees of IBEW Local 309-401(k) Retirement Plan's IBEW Local 309 401(k) Retirement Plan reported $26M in total assets and 540 participants in its 2024 DOL Form 5500 filing, ranking in the 75th 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.

  • #6,662 in Construction (9,039 peers)

Where IBEW Local 309 401(k) Retirement Plan sits by assets

IBEW Local 309 401(k) Retirement Plan sits in the top quartile of all filed plans by assets, $26M for 540 participants (~$48,304/participant), up 17.7% in 2024.

#6,662
in Construction (9,039 peers)
+17.7%
assets growth YoY
0.3×
vs typical plan assets (national mean)

IBEW Local 309 401(k) Retirement Plan's outsized position by total assets

IBEW Local 309 401(k) Retirement Plan vs every filed plan by assets

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

$26,084,121 Top 25% higher than 75% 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 309 401(k) 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. IBEW Local 309 401(k) Retirement Plan sits mid-pack in the medium band (540 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • IBEW Local 309 401(k) Retirement Plan end-of-year assets rose from $22M in the plan year 2023 filing to $26M in the plan year 2024 filing.
  • IBEW Local 309 401(k) Retirement Plan reported net income fell from $4M in the plan year 2023 filing to $4M in the plan year 2024 filing.
  • IBEW Local 309 401(k) Retirement Plan reported participants rose from 525 in the plan year 2023 filing to 540 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 841634780 · Trustees of IBEW Local 309-401(k) Retirement Plan PY 2024 · 401(k)

IBEW Local 309 401(k) Retirement Plan · $26M · 540 · 75th

  • TYPE $26M
  • NET 540
  • BOOK 75th
  • VS-ST 401(k)
  • BOY near Flashpoint 401(k) Retirement Plan and Trust
  • SCH ind #6662

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 Illinois →

IBEW Local 309 401(k) Retirement Plan in the asset neighbourhood

Bradesco Bank Savings and Investment PlanBradesco Bank Savings and In…$26MIBEW Local 309 401(k) Retirement PlanIBEW Local 309 401(k) Retire…$26MFlashpoint 401(k) Retirement Plan and TrustFlashpoint 401(k) Retirement…$26MArion Blue Retirement Plan$26MBall Janik LLP 401(k) Profit Sharing Plan and TrustBall Janik LLP 401(k) Profit…$26M
End-of-year total assets ($M) among IBEW Local 309 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$22M
Net Assets (End of Year)$26M
Net Income$4M
Employer EIN841634780
Plan Effective Date2006-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Trustees of IBEW Local 309-401(k) Retirement Plan)

Sponsor-wide plan assets over time

All Trustees of IBEW Local 309-401(k) Retirement Plan plans reported in each filing year

Latest sponsor-wide plan assets
$26M 45.177433841023436% vs 2022
2024 filing year
$15M$20M$25M$30M 202220232024 $18M $26.1M ▲ +45.1%
Year Plans Participants Total Assets
2022 1 513 $18M
2023 1 525 $22M
2024 1 540 $26M

Nearby 401(k) Plans in Illinois

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

IBEW Local 309 401(k) Retirement Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -50510152025 Total assets ($B) Participants IBEW Local 309 401(k) Retirement Plan, Total assets ($B): 0.026084121 · Participants: 540IBEW Local 309 401(k) Retirement PlanAccenture United States 401(k) Match and Savings Plan, Total assets ($B): 21.302643276 · Participants: 66965Accenture United States 401(k) Match and Savings PlanState Farm 401(k) Savings Plan, Total assets ($B): 19.010099056 · Participants: 63297State Farm 401(k) Savings PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 16.835964452 · Participants: 16659United Airlines Pilot Retirement Account PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 15.755668 · Participants: 38229Abbott Laboratories Stock Retirement PlanWalgreens Retirement Savings Plan, Total assets ($B): 14.535873337 · Participants: 233635Walgreens Retirement Savings Plan
IBEW Local 309 401(k) Retirement Plan vs. nearby 401(k) plans in Illinois, assets vs. participants
Compare IBEW Local 309 401(k) Retirement Plan side-by-side with 3 peers →

IBEW Local 309 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is Flashpoint 401(k) Retirement Plan and Trust in DC ($26M); by covered participants it is Tosh Farms 401(k) Profit Sharing Plan in TN (540 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($26M here).

Similar participant headcount

Nearest other-state filings by covered participants (540 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 309 401(k) Retirement Plan assets move in 2024? ▼
IBEW Local 309 401(k) Retirement Plan grew sharply - up 17.7% during 2024, from $22M to $26M. Reported net income was $4M.
How have Trustees of IBEW Local 309-401(k) Retirement Plan plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Trustees of IBEW Local 309-401(k) Retirement Plan's sponsor-wide assets grew 45.2%, from $18M to $26M.
Where does IBEW Local 309 401(k) Retirement Plan rank by assets among Form 5500 filers? ▼
IBEW Local 309 401(k) Retirement Plan ranks in the 75th 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 401(k) plans are similar in size to IBEW Local 309 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Flashpoint 401(k) Retirement Plan and Trust in DC ($26M, 307 participants).
Which 401(k) plans cover a similar participant headcount to IBEW Local 309 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Tosh Farms 401(k) Profit Sharing Plan in TN (540 participants, $6M 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 841634780.

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.