Money Purchase · DOL Form 5500 · 2024
Trustees of I.B.E.W Local 697 Defined Contribution Plan Money Purchase Plan
Data updated 2026-08-25
- $433M
- Total assets Above avg plan size
- 986
- Participants Near avg headcount
- 97th
- Percentile by assets National rank
- $438,870
- Avg per participant High balance/head
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.
- #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.
- #8,716
- in Construction (9,039 peers)
- +11.0%
- assets growth YoY
- 4.3×
- vs typical plan assets (national mean)
I.B.E.W Local 697 Defined Contribution Plan's outsized position 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 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 697 Defined Contribution Plan sits mid-pack in the medium band (986 participants).
What changed between DOL Form 5500 filings
plan year 2023 → 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.
DOL schedule card
Filing strip 351773526 · Trustees of I.B.E.W Local 697 Defined Contribution Plan PY 2024 · Money Purchase
I.B.E.W Local 697 Defined Contribution Plan · $433M · 986 · 97th
- 5500 $433M
- ASSETS 986
- PCT 97th
- EIN Money Purchase
- RANK near IBEW Local 16, AFL-CIO & Multi- Employer Pension Plan
- PHOTO ind #8716
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 Indiana →
I.B.E.W Local 697 Defined Contribution Plan in the asset neighbourhood
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)
Sponsor-wide plan assets over time
All Trustees of I.B.E.W Local 697 Defined Contribution Plan plans reported in each filing year
- Latest sponsor-wide plan assets
- $433M 28.415795169133162% vs 2022
- 2024 filing year
| 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.
- 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
I.B.E.W Local 697 Defined Contribution Plan's out-of-state Money Purchase peers by assets and headcount
Outside Indiana, the nearest Money Purchase by assets is IBEW Local 16, AFL-CIO & Multi- Employer Pension Plan in TN ($434M); by covered participants it is United Teamster Annuity Fund in NY (992 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($433M here).
- 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
Similar participant headcount
Nearest other-state filings by covered participants (986 participants); asset peers above are excluded.
- United Teamster Annuity Fund (NY) 992 · 6 off
- Northwest Hospital Center, Inc. Money Purchase Pension Plan and Trust (MD) 992 · 6 off
- Iatse Local 38 Pension Plan (MI) 1,002 · 16 off
- Heat & Frost Insulators and Allied Workers Local 6 Annuity Fund (MA) 1,015 · 29 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.