Money Purchase · DOL Form 5500 · 2024

Trustees of I.B.E.W Local 697 Defined Contribution Plan Money Purchase Plan

Data updated 2026-08-11

$433M
Total assets: 986
Participants: 97th
Percentile by assets: $438,870
Avg per participant

Official DOL plan name: I.B.E.W Local 697 Defined Contribution Plan · Sponsored by Trustees of I.B.E.W Local 697 Defined Contribution Plan · Indiana · Construction

$433M in assets, 986 participants

Trustees of I.B.E.W Local 697 Defined Contribution Plan's I.B.E.W Local 697 Defined Contribution Plan reported $433M in total assets and 986 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.

97th percentile by assets (of 123,622 plans)
#8,716 in Construction (9,039 peers)

Where I.B.E.W Local 697 Defined Contribution Plan sits by assets

I.B.E.W Local 697 Defined Contribution Plan sits in the top 5% of all filed plans by assets, $433M for 986 participants (~$438,870/participant), up 11.0% in 2024.

$433M
total plan assets (2024 EOY): 986
covered participants: 97th
percentile by assets (of 123,622 plans): $438,870
avg assets per participant

Where I.B.E.W Local 697 Defined Contribution Plan sits by total assets

I.B.E.W Local 697 Defined Contribution Plan vs every filed plan by assets

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

$432,726,108 Top 3% higher than 97% 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

I.B.E.W Local 697 Defined Contribution Plan reported net income fell from $53M in the plan year 2023 filing to $43M in the plan year 2024 filing.
I.B.E.W Local 697 Defined Contribution Plan end-of-year assets rose from $390M in the plan year 2023 filing to $433M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Indiana

Industry

Construction

I.B.E.W Local 697 Defined Contribution Plan vs the 2024 asset distribution

By assets, I.B.E.W Local 697 Defined Contribution Plan outranks 97% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 4.3x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)	$390M
Net Assets (End of Year)	$432M
Net Income	$43M
Employer EIN	351773526
Plan Effective Date	1984-10-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Trustees of I.B.E.W Local 697 Defined Contribution Plan)

Total plan assets by year, all Trustees of I.B.E.W Local 697 Defined Contribution Plan plans on file

Year	Plans	Participants	Total Assets
2022	1	951	$337M
2023	1	981	$390M
2024	1	986	$433M

Nearby Money Purchase Plans in Indiana

Peer Money Purchase plans, same state, same plan type, ranked by total assets.

I.B.E.W Local 697 Defined Contribution Plan vs. nearby Money Purchase plans in Indiana, assets vs. participants

Rose-Hulman Institute of Technology Money Purchase Purchase Plan $220M · 576
Plumbers and Steamfitters Local 440 Defined Contribution Plan $198M · 2,945
IBEW Local 531 & NECA Money Purchase Pension Plan $137M · 705
International Brotherhood of Electrical Workers Local No 725 Supplemental Pension Trust $128M · 1,457
Ncaa Retirement Plan $102M · 578

Compare I.B.E.W Local 697 Defined Contribution P… side-by-side with 3 peers →

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to I.B.E.W Local 697 Defined Contribution Plan by total assets, not by location.

IBEW Local 16, AFL-CIO & Multi- Employer Pension Plan (TN) $434M · 2,070
Aura, Inc. Money Purchase Pension Plan and Trust (DC) $428M · 1,531
Cascade Pension Trust Money Purchase Pension Plan (OR) $425M · 2,355
Skadden Arps Slate Meagher & Flom Retirement Plan (NY) $443M · 332

Frequently Asked Questions

How did I.B.E.W Local 697 Defined Contribution Plan assets move in 2024? ▼

I.B.E.W Local 697 Defined Contribution Plan grew at a solid clip - up 11.0% during 2024, from $390M to $433M. Reported net income was $43M.

How have Trustees of I.B.E.W Local 697 Defined Contribution Plan plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Trustees of I.B.E.W Local 697 Defined Contribution Plan's sponsor-wide assets grew 28.4%, from $337M to $433M.

Where does I.B.E.W Local 697 Defined Contribution Plan rank by assets among Form 5500 filers? ▼

I.B.E.W Local 697 Defined Contribution 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 Money Purchase plans are similar in size to I.B.E.W Local 697 Defined Contribution Plan? ▼

Among Money Purchase plans in other states, the closest by assets is IBEW Local 16, AFL-CIO & Multi- Employer Pension Plan in TN ($434M, 2,070 participants).

Next read for I.B.E.W Local 697 Defined Contribution P…

Scale reading

Ways to act on I.B.E.W Local 697 Defined Contribution Plan's numbers.

By total assets, I.B.E.W Local 697 Defined Contribution Plan ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Money Purchase plans in Indiana. Compare plans
Trustees of I.B.E.W Local 697 Defined Contribution Plan's sponsor-wide assets have grown 28.4% since 2022 across 3 plan years on file. More Construction 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 351773526.