Profit Sharing · DOL Form 5500 · 2024

I.B.E.W. Board of Trustees for Local No 357 Pension Trust Profit Sharing Plan

Data updated 2026-08-25

$545M
Total assets Above avg plan size
4,775
Participants Above avg headcount
97th
Percentile by assets National rank
$114,088
Avg per participant Below avg balance/head
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Official DOL plan name: I.B.E.W. Local Union No 357 Pension Trust Fund, Plan B · Sponsored by I.B.E.W. Board of Trustees for Local No 357 Pension Trust · Nevada · Construction

$545M in assets, 4,775 participants

I.B.E.W. Board of Trustees for Local No 357 Pension Trust's I.B.E.W. Local Union No 357 Pension Trust Fund, Plan B reported $545M in total assets and 4,775 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.

  • #8,782 in Construction (9,039 peers)

Coverage in Nevada

I.B.E.W. Local Union No 357 Pension Trust Fund, Plan B covers 4,775 participants in Nevada, 7.5x the typical Nevada plan (state average ~636 per filing). Assets: $545M.

#8,782
in Construction (9,039 peers)
+13.2%
assets growth YoY
5.5×
vs typical plan assets (national mean)

I.B.E.W. Local Union No 357 Pension Trust Fund, Plan B's outsized position by total assets

I.B.E.W. Local Union No 357 Pension Trust Fund, Plan B vs every filed plan by assets

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

$544,771,623 Top 3% higher than 97% of 123,620 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

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 Union No 357 Pension Trust Fund, Plan B'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. I.B.E.W. Local Union No 357 Pension Trust Fund, Plan B lands in the large band (4,775 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • I.B.E.W. Local Union No 357 Pension Trust Fund, Plan B reported net income fell from $80M in the plan year 2023 filing to $64M in the plan year 2024 filing.
  • I.B.E.W. Local Union No 357 Pension Trust Fund, Plan B reported participants rose from 4,139 in the plan year 2023 filing to 4,775 in the plan year 2024 filing.
  • I.B.E.W. Local Union No 357 Pension Trust Fund, Plan B end-of-year assets rose from $481M in the plan year 2023 filing to $545M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 886023284 · I.B.E.W. Board of Trustees for Local No 357 Pension Trust PY 2024 · Profit Sharing

I.B.E.W. Local Union No 357 Pension Trust Fund, Plan B · $545M · 4,775 · 97th

  • ASSETS $545M
  • ASSETS 4,775
  • ASSETS 97th
  • ASSETS Profit Sharing
  • ASSETS near Masterbrand, Inc. Retirement Savings Plan
  • ASSETS ind #8782

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 Nevada →

I.B.E.W. Local Union No 357 Pension Trust Fund, Plan B in the asset neighbourhood

I.B.E.W. Local Union No 357 Pension Trust Fund, Plan BI.B.E.W. Local Union No 357 …$545MMasterbrand, Inc. Retirement Savings PlanMasterbrand, Inc. Retirement…$544MPennsylvania Association of Independent Colleges and Universities Multiple Employer PlanPennsylvania Association of …$543MConnecticut Children's Retirement Savings PlanConnecticut Children's Retir…$541MIuoe Local 30 Annuity Fund$534M
End-of-year total assets ($M) among I.B.E.W. Local Union No 357 Pension Trust Fund, Plan B and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

Nevada filing particulars

Total Assets (Beginning of Year)$481M
Net Assets (End of Year)$545M
Net Income$64M
Employer EIN886023284
Plan Effective Date1974-12-31
Filing StatusFILING RECEIVED

Sponsor Plan History (I.B.E.W. Board of Trustees for Local No 357 Pension Trust)

Sponsor-wide plan assets over time

All I.B.E.W. Board of Trustees for Local No 357 Pension Trust plans reported in each filing year

Latest sponsor-wide plan assets
$1.1B 25.748478549415754% vs 2022
2024 filing year
$0.8B$0.9B$1B$1.1B$1.2B 202220232024 $0.87B $1.1B ▲ +26.4%
Year Plans Participants Total Assets
2022 2 6,601 $872M
2023 2 6,506 $1.0B
2024 2 7,570 $1.1B

Nearby Profit Sharing Plans in Nevada

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

I.B.E.W. Local Union No 357 Pension Trust Fund, Plan B vs. nearby Profit Sharing plans in Nevada, assets vs. participants Scatter plot of 6 data points. -20000200040006000 -2000200400600 Total assets ($M) Participants I.B.E.W. Local Union No 357 Pension Trust Fund, Plan B, Total assets ($M): 544.771623 · Participants: 4775I.B.E.W. Local Union No 357 Pension Trust Fund, Plan BCement Masons and Plasterers Joint Pension Plan, Total assets ($M): 95.259436 · Participants: 545Cement Masons and Plasterers Joint Pension PlanJames E. Nave, D. V. M. , Tropicana Veterinary Clinic, Ltd. Profit Sharing Plan and Trust, Total assets ($M): 30.908722 · Participants: 30James E. Nave, D. V. M. , Tropicana Veterinary Clinic, Ltd. Profit Sharing Plan and TrustConstruction Industry and Laborers Defined Contribution Pension Plan, Total assets ($M): 30.673587 · Participants: 3054Construction Industry and Laborers Defined Contribution Pension PlanBricklayers & Allied Craftworkers Local 13 Defined Contribution Pension Plan, Total assets ($M): 30.622008 · Participants: 788Bricklayers & Allied Craftworkers Local 13 Defined Contribution Pension PlanNew-Com, Inc. Employees Profit Sharing Plan, Total assets ($M): 19.935054 · Participants: 88New-Com, Inc. Employees Profit Sharing Plan
I.B.E.W. Local Union No 357 Pension Trust Fund, Plan B vs. nearby Profit Sharing plans in Nevada, assets vs. participants

I.B.E.W. Local Union No 357 Pension Trust Fund, Plan B's out-of-state Profit Sharing peers by assets and headcount

Outside Nevada, the nearest Profit Sharing by assets is Masterbrand, Inc. Retirement Savings Plan in OH ($544M); by covered participants it is International Union of Operating Engineers Local 841 Qualified Savings Plan in IN (4,760 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (4,775 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did I.B.E.W. Local Union No 357 Pension Trust Fund, Plan B assets move in 2024?
I.B.E.W. Local Union No 357 Pension Trust Fund, Plan B grew at a solid clip - up 13.2% during 2024, from $481M to $545M. Reported net income was $64M.
How have I.B.E.W. Board of Trustees for Local No 357 Pension Trust plan assets changed over time?
Across 3 plan years on file (2022-2024), I.B.E.W. Board of Trustees for Local No 357 Pension Trust's sponsor-wide assets grew 25.7%, from $872M to $1.1B.
Where does I.B.E.W. Local Union No 357 Pension Trust Fund, Plan B rank by assets among Form 5500 filers?
I.B.E.W. Local Union No 357 Pension Trust Fund, Plan B 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 Profit Sharing plans are similar in size to I.B.E.W. Local Union No 357 Pension Trust Fund, Plan B?
Among Profit Sharing plans in other states, the closest by assets is Masterbrand, Inc. Retirement Savings Plan in OH ($544M, 6,062 participants).
Which Profit Sharing plans cover a similar participant headcount to I.B.E.W. Local Union No 357 Pension Trust Fund, Plan B?
Among Profit Sharing plans in other states, the closest by covered participants is International Union of Operating Engineers Local 841 Qualified Savings Plan in IN (4,760 participants, $161M in assets).