Profit Sharing · DOL Form 5500 · 2024

Board of Trustees IBEW Local No 461 Defined Contribution Pension Profit Sharing Plan

Data updated 2026-07-24

$172M
Total assets: 1,026
Participants: 94th
Percentile by assets: $167,201
Avg per participant

Official DOL plan name: IBEW Local No 461 Defined Contribution Pension Plan · Sponsored by Board of Trustees IBEW Local No 461 Defined Contribution Pension · Michigan · Other Services

$172M in assets, 1,026 participants

Board of Trustees IBEW Local No 461 Defined Contribution Pension's IBEW Local No 461 Defined Contribution Pension Plan reported $172M in total assets and 1,026 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.

94th percentile by assets (of 116,472 plans)

Where IBEW Local No 461 Defined Contribution Pension Plan sits by assets

IBEW Local No 461 Defined Contribution Pension Plan sits in the top 10% of all filed plans by assets, $172M for 1,026 participants (~$167,201/participant), up 11.5% in 2024.

$172M
total plan assets (2024 EOY): 1,026
covered participants: 94th
percentile by assets (of 116,472 plans): $167,201
avg assets per participant

IBEW Local No 461 Defined Contribution Pension Plan reported net income fell from $25M in the plan year 2023 filing to $18M in the plan year 2024 filing.
IBEW Local No 461 Defined Contribution Pension Plan end-of-year assets rose from $154M in the plan year 2023 filing to $172M in the plan year 2024 filing.
IBEW Local No 461 Defined Contribution Pension Plan reported participants rose from 982 in the plan year 2023 filing to 1,026 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Michigan

Industry

Other Services

IBEW Local No 461 Defined Contribution Pension Plan vs the 2024 asset distribution

By assets, IBEW Local No 461 Defined Contribution Pension Plan outranks 94% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.7x the national average plan size of $100M (730 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)	$154M
Net Assets (End of Year)	$171M
Net Income	$18M
Employer EIN	362882653
Plan Effective Date	1975-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Board of Trustees IBEW Local No 461 Defined Contribution Pension)

Total plan assets by year, all Board of Trustees IBEW Local No 461 Defined Contribution Pension plans on file

Year	Plans	Participants	Total Assets
2022	1	934	$129M
2023	1	982	$154M
2024	1	1,026	$172M

Nearby Profit Sharing Plans in Michigan

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

IBEW Local No 461 Defined Contribution Pension Plan vs. nearby Profit Sharing plans in Michigan, assets vs. participants

Henry Ford Health System Retirement Savings Plan $1.8B · 13,461
Hemlock Semiconductor Operations LLC Employees' Capital Accumulation Plan $340M · 1,472
Iron Workers Defined Contribution Pension Fund Plan $232M · 5,319
NECA-IBEW Memphis Retirement Plan $230M · 2,755
Plumbers and Pipefitters Local Union 520 Annuity Plan $220M · 1,639

Compare IBEW Local No 461 Defined Contribution P… side-by-side with 3 peers →

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to IBEW Local No 461 Defined Contribution Pension Plan by total assets, not by location.

Ceramic Tile and Terrazzo Local 67 B.a.C. Annuity Trust Fund (IL) $172M · 792
Local 550 Annuity Plan (MA) $173M · 783
Southern Ohio Medical Center Retirement Savings Program (OH) $173M · 3,112
St. Lawrence Health System 403(b) Retirement Plan (NY) $173M · 2,152

Frequently Asked Questions

How did IBEW Local No 461 Defined Contribution Pension Plan assets move in 2024? ▼

IBEW Local No 461 Defined Contribution Pension Plan grew at a solid clip - up 11.5% during 2024, from $154M to $172M. Reported net income was $18M.

How have Board of Trustees IBEW Local No 461 Defined Contribution Pension plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Board of Trustees IBEW Local No 461 Defined Contribution Pension's sponsor-wide assets grew 33.5%, from $129M to $172M.

Where does IBEW Local No 461 Defined Contribution Pension Plan rank by assets among Form 5500 filers? ▼

IBEW Local No 461 Defined Contribution Pension Plan ranks in the 94th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).

Which Profit Sharing plans are similar in size to IBEW Local No 461 Defined Contribution Pension Plan? ▼

Among Profit Sharing plans in other states, the closest by assets is Ceramic Tile and Terrazzo Local 67 B.a.C. Annuity Trust Fund in IL ($172M, 792 participants).

Next read for IBEW Local No 461 Defined Contribution P…

Scale reading

Ways to act on IBEW Local No 461 Defined Contribution Pension Plan's numbers.

By total assets, IBEW Local No 461 Defined Contribution Pension Plan ranks in the top 10% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Profit Sharing plans in Michigan. Compare plans
Board of Trustees IBEW Local No 461 Defined Contribution Pension's sponsor-wide assets have grown 33.5% since 2022 across 3 plan years on file. More Other Services plans

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 362882653.

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.