Profit Sharing · DOL Form 5500 · 2024
Board of Trustees IBEW Local No 461 Defined Contribution Pension Profit Sharing Plan
Data updated 2026-08-25
- $172M
- Total assets Near avg plan size
- 1,026
- Participants Near avg headcount
- 94th
- Percentile by assets National rank
- $167,201
- Avg per participant Above avg balance/head
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.
- #7,566 in Other Services (7,719 peers)
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.
- #7,566
- in Other Services (7,719 peers)
- +11.5%
- assets growth YoY
- 1.7×
- vs typical plan assets (national mean)
IBEW Local No 461 Defined Contribution Pension Plan's outsized position by total assets
IBEW Local No 461 Defined Contribution Pension Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$171,548,507 Top 6% higher than 94% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
IBEW Local No 461 Defined Contribution Pension 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 No 461 Defined Contribution Pension Plan lands in the large band (1,026 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- 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.
Form 5500 schedule snapshot
Filing strip 362882653 · Board of Trustees IBEW Local No 461 Defined Contribution Pension PY 2024 · Profit Sharing
IBEW Local No 461 Defined Contribution Pension Plan · $172M · 1,026 · 94th
- RANK $172M
- RANK 1,026
- RANK 94th
- RANK Profit Sharing
- RANK near Ceramic Tile and Terrazzo Local 67 B.a.C. Annuity Trust Fund
- RANK ind #7566
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 Other Services retirement plans → · Plans in Michigan →
IBEW Local No 461 Defined Contribution Pension Plan in the asset neighbourhood
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)
Sponsor-wide plan assets over time
All Board of Trustees IBEW Local No 461 Defined Contribution Pension plans reported in each filing year
- Latest sponsor-wide plan assets
- $172M 33.45906549616459% vs 2022
- 2024 filing year
| 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.
- 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
IBEW Local No 461 Defined Contribution Pension Plan's out-of-state Profit Sharing peers by assets and headcount
Outside Michigan, the nearest Profit Sharing by assets is Ceramic Tile and Terrazzo Local 67 B.a.C. Annuity Trust Fund in IL ($172M); by covered participants it is Westchester Heavy Construction Laborers Local 60 Annuity Fund in NY (1,026 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($172M here).
- Ceramic Tile and Terrazzo Local 67 B.a.C. Annuity Trust Fund (IL) $172M · 792
- Greenwich Hospital Retirement and Savings Plan (CT) $173M · 2,233
- Local 550 Annuity Plan (MA) $173M · 783
- Southern Ohio Medical Center Retirement Savings Program (OH) $173M · 3,112
Similar participant headcount
Nearest other-state filings by covered participants (1,026 participants); asset peers above are excluded.
- Westchester Heavy Construction Laborers Local 60 Annuity Fund (NY) 1,026 · 0 off
- California Thoroughbred Trainers Backstretch Employees' Retirement Savings Pension Plan (CA) 1,027 · 1 off
- Texas Farm Bureau & Adopting Companies Defined Contribution Plan (TX) 1,033 · 7 off
- Mount Saint Mary's University Defined Contribution Retirement Plan (MD) 1,015 · 11 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.