401(k) · DOL Form 5500 · 2023

IBEW Local Union No. 60 401(k) Plan

Data updated 2026-08-25

$57M
Total assets Below avg plan size
2,506
Participants Above avg headcount
87th
Percentile by assets National rank
$22,911
Avg per participant Low balance/head
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Official DOL plan name: IBEW Local Union No. 60 401(k) Plan · Sponsored by IBEW Local Union No. 60 · Texas · Construction

$57M in assets, 2,506 participants

IBEW Local Union No. 60's IBEW Local Union No. 60 401(k) Plan reported $57M in total assets and 2,506 participants in its 2023 DOL Form 5500 filing, ranking in the 87th 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.

  • #7,657 in Construction (9,030 peers)

Coverage in Texas

IBEW Local Union No. 60 401(k) Plan covers 2,506 participants in Texas, 3.6x the typical Texas plan (state average ~688 per filing). Assets: $57M.

#7,657
in Construction (9,030 peers)
+30.0%
assets growth YoY
0.6×
vs typical plan assets (national mean)

IBEW Local Union No. 60 401(k) Plan's outsized position by total assets

IBEW Local Union No. 60 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$57,416,111 Top 13% higher than 87% of 127,068 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 2023

IBEW Local Union No. 60 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. IBEW Local Union No. 60 401(k) Plan lands in the large band (2,506 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • IBEW Local Union No. 60 401(k) Plan reported net income rose from -$2M in the plan year 2022 filing to $13M in the plan year 2023 filing.
  • IBEW Local Union No. 60 401(k) Plan end-of-year assets rose from $44M in the plan year 2022 filing to $57M in the plan year 2023 filing.
  • IBEW Local Union No. 60 401(k) Plan reported participants fell from 2,615 in the plan year 2022 filing to 2,506 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 316632806 · IBEW Local Union No. 60 PY 2023 · 401(k)

IBEW Local Union No. 60 401(k) Plan · $57M · 2,506 · 87th

  • SCH $57M
  • EBSA 2,506
  • PART 87th
  • TYPE 401(k)
  • NET near Terra-Gen, LLC 401(k) Plan
  • BOOK ind #7657

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 Texas →

IBEW Local Union No. 60 401(k) Plan in the asset neighbourhood

IBEW Local Union No. 60 401(k) PlanIBEW Local Union No. 60 401(…$57MFrontier Technology, Inc. 401(k) PlanFrontier Technology, Inc. 40…$57MTerra-Gen, LLC 401(k) Plan$57MCoursera 401(k) Plan$57MKls Martin L.P. 401(k) Salary Reduction Plan & TrustKls Martin L.P. 401(k) Salar…$57M
End-of-year total assets ($M) among IBEW Local Union No. 60 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Texas filing particulars

Total Assets (Beginning of Year)$44M
Net Assets (End of Year)$56M
Net Income$13M
Employer EIN316632806
Plan Effective Date1999-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (IBEW Local Union No. 60)

Sponsor-wide plan assets over time

All IBEW Local Union No. 60 plans reported in each filing year

Latest sponsor-wide plan assets
$73M 65.70170213805375% vs 2022
2024 filing year
$40M$50M$60M$70M$80M 202220232024 $44.2M $73.2M ▲ +65.7%
Year Plans Participants Total Assets
2022 1 2,615 $44M
2023 1 2,506 $57M
2024 1 3,277 $73M

Nearby 401(k) Plans in Texas

Peer 401(k) plans, same state, same plan type, ranked by total assets.

IBEW Local Union No. 60 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants IBEW Local Union No. 60 401(k) Plan, Total assets ($B): 0.057416111 · Participants: 2506IBEW Local Union No. 60 401(k) PlanAT&T Retirement Savings Plan, Total assets ($B): 40.012012 · Participants: 119854AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 21.917 · Participants: 23477Exxonmobil Savings PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 16.496476432 · Participants: 41679Caterpillar 401(k) Savings PlanAmerican Airlines, Inc. 401(k) Plan, Total assets ($B): 14.680189879 · Participants: 88792American Airlines, Inc. 401(k) PlanDell Inc. 401(k) Plan, Total assets ($B): 13.529835 · Participants: 45686Dell Inc. 401(k) Plan
IBEW Local Union No. 60 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants
Compare IBEW Local Union No. 60 401(k) Plan side-by-side with 3 peers →

IBEW Local Union No. 60 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is Terra-Gen, LLC 401(k) Plan in NY ($57M); by covered participants it is Myriad Genetics, Inc. 401(k) Profit Sharing Plan in UT (2,506 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($57M here).

Similar participant headcount

Nearest other-state filings by covered participants (2,506 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did IBEW Local Union No. 60 401(k) Plan assets move in 2023? ▼
IBEW Local Union No. 60 401(k) Plan grew sharply - up 30.0% during 2023, from $44M to $57M. Reported net income was $13M.
How have IBEW Local Union No. 60 plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), IBEW Local Union No. 60's sponsor-wide assets grew 65.7%, from $44M to $73M.
Where does IBEW Local Union No. 60 401(k) Plan rank by assets among Form 5500 filers? ▼
IBEW Local Union No. 60 401(k) Plan ranks in the 87th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to IBEW Local Union No. 60 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Terra-Gen, LLC 401(k) Plan in NY ($57M, 333 participants).
Which 401(k) plans cover a similar participant headcount to IBEW Local Union No. 60 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Myriad Genetics, Inc. 401(k) Profit Sharing Plan in UT (2,506 participants, $390M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 316632806.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.