Profit Sharing · DOL Form 5500 · 2024
IBEW Local 712 Profit Sharing Plan Profit Sharing Plan
Data updated 2026-08-25
- $97M
- Total assets Below avg plan size
- 1,194
- Participants Near avg headcount
- 90th
- Percentile by assets National rank
- $81,162
- Avg per participant Below avg balance/head
Official DOL plan name: IBEW Local 712 Profit Sharing Plan · Sponsored by IBEW Local 712 Profit Sharing Plan · Pennsylvania · Finance & Insurance
$97M in assets, 1,194 participants
IBEW Local 712 Profit Sharing Plan's IBEW Local 712 Profit Sharing Plan reported $97M in total assets and 1,194 participants in its 2024 DOL Form 5500 filing, ranking in the 90th 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.
- #7,241 in Finance & Insurance (8,549 peers)
Where IBEW Local 712 Profit Sharing Plan sits by assets
IBEW Local 712 Profit Sharing Plan sits in the top 10% of all filed plans by assets, $97M for 1,194 participants (~$81,162/participant), up 15.0% in 2024.
- #7,241
- in Finance & Insurance (8,549 peers)
- +15.0%
- assets growth YoY
- 1.0×
- vs typical plan assets (national mean)
IBEW Local 712 Profit Sharing Plan's outsized position by total assets
IBEW Local 712 Profit Sharing Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$96,907,459 Top 10% higher than 90% 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 712 Profit Sharing 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 712 Profit Sharing Plan lands in the large band (1,194 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- IBEW Local 712 Profit Sharing Plan end-of-year assets rose from $84M in the plan year 2023 filing to $97M in the plan year 2024 filing.
- IBEW Local 712 Profit Sharing Plan reported participants fell from 1,314 in the plan year 2023 filing to 1,194 in the plan year 2024 filing.
- IBEW Local 712 Profit Sharing Plan reported net income rose from $12M in the plan year 2023 filing to $13M in the plan year 2024 filing.
Published 5500 schedule card
Filing strip 251297810 · IBEW Local 712 Profit Sharing Plan PY 2024 · Profit Sharing
IBEW Local 712 Profit Sharing Plan · $97M · 1,194 · 90th
- 5500 $97M
- ASSETS 1,194
- PCT 90th
- EIN Profit Sharing
- RANK near Texas Farm Bureau & Adopting Companies Defined Contribution Plan
- PHOTO ind #7241
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 Finance & Insurance retirement plans → · Plans in Pennsylvania →
IBEW Local 712 Profit Sharing Plan in the asset neighbourhood
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $84M |
|---|---|
| Net Assets (End of Year) | $96M |
| Net Income | $13M |
| Employer EIN | 251297810 |
| Plan Effective Date | 1983-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (IBEW Local 712 Profit Sharing Plan)
Sponsor-wide plan assets over time
All IBEW Local 712 Profit Sharing Plan plans reported in each filing year
- Latest sponsor-wide plan assets
- $203M 23.211612667881255% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 1,962 | $165M |
| 2023 | 2 | 1,979 | $184M |
| 2024 | 2 | 1,862 | $203M |
Nearby Profit Sharing Plans in Pennsylvania
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
- Eastern Atlantic States Carpenters Annuity Fund $2.2B · 14,807
- University of Pennsylvania Basic Plan $2.0B · 21,954
- International Brotherhood of Electrical Workers Local Union 98 - Profit Sharing Plan $1.3B · 3,927
- Temple University Health System, Inc. Defined Contribution Retirement Plan $876M · 10,394
- Morgan, Lewis & Bockius LLP Defined Contribution Plan $781M · 2,477
IBEW Local 712 Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount
Outside Pennsylvania, the nearest Profit Sharing by assets is Texas Farm Bureau & Adopting Companies Defined Contribution Plan in TX ($97M); by covered participants it is Pipe Trades Pension of Montana in WA (1,194 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($97M here).
- Texas Farm Bureau & Adopting Companies Defined Contribution Plan (TX) $97M · 1,033
- Hood College Defined Contribution Retirement Plan (MD) $97M · 331
- N.E.C.a.-I.B.E.W. Local Union No. 35 Annuity Plan (CT) $96M · 440
- The Profit Sharing Retirement Plan of the Procter & Gamble Commercial Company (OH) $96M · 43
Similar participant headcount
Nearest other-state filings by covered participants (1,194 participants); asset peers above are excluded.
- Pipe Trades Pension of Montana (WA) 1,194 · 0 off
- Alivia Care, Inc. 403(b) Retirement Plan (FL) 1,192 · 2 off
- Niagara Falls Memorial Medical Center Sponsored 403(b) Plan (NY) 1,192 · 2 off
- All Heart Home Care Agency, Inc. 401(k) Plan (NY) 1,188 · 6 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.