Profit Sharing · DOL Form 5500 · 2024
Board of Trustees, Electrical Workers IBEW Local 163 Annuity Fund Profit Sharing Plan
Data updated 2026-07-24
- $125M
- Total assets
- 480
- Participants
- 92nd
- Percentile by assets
- $261,287
- Avg per participant
Official DOL plan name: Electrical Workers IBEW Local 163 Annuity Fund · Sponsored by Board of Trustees, Electrical Workers IBEW Local 163 Annuity Fund · New Jersey · Construction
$125M in assets, 480 participants
Board of Trustees, Electrical Workers IBEW Local 163 Annuity Fund's Electrical Workers IBEW Local 163 Annuity Fund reported $125M in total assets and 480 participants in its 2024 DOL Form 5500 filing, ranking in the 92nd 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.
- 92nd percentile by assets (of 116,472 plans)
Where Electrical Workers IBEW Local 163 Annuity Fund sits by assets
Electrical Workers IBEW Local 163 Annuity Fund sits in the top 10% of all filed plans by assets, $125M for 480 participants (~$261,287/participant), up 8.6% in 2024.
- $125M
- total plan assets (2024 EOY)
- 480
- covered participants
- 92nd
- percentile by assets (of 116,472 plans)
- $261,287
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Electrical Workers IBEW Local 163 Annuity Fund reported net income fell from $18M in the plan year 2023 filing to $8M in the plan year 2024 filing.
- Electrical Workers IBEW Local 163 Annuity Fund reported participants rose from 413 in the plan year 2023 filing to 480 in the plan year 2024 filing.
- Electrical Workers IBEW Local 163 Annuity Fund end-of-year assets rose from $115M in the plan year 2023 filing to $125M in the plan year 2024 filing.
Electrical Workers IBEW Local 163 Annuity Fund vs the 2024 asset distribution
By assets, Electrical Workers IBEW Local 163 Annuity Fund outranks 92% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.3x the national average plan size of $100M (730 average participants).
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $115M |
|---|---|
| Net Assets (End of Year) | $123M |
| Net Income | $8M |
| Employer EIN | 236544827 |
| Plan Effective Date | 1970-04-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees, Electrical Workers IBEW Local 163 Annuity Fund)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 392 | $98M |
| 2023 | 1 | 413 | $115M |
| 2024 | 1 | 480 | $125M |
Nearby Profit Sharing Plans in New Jersey
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
Electrical Workers IBEW Local 163 Annuity Fund vs. nearby Profit Sharing plans in New Jersey, assets vs. participants
- Ernst & Young Partnership Retirement (Hr-10) Plan $2.5B · 1,666
- Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan $1.6B · 8,865
- IBEW Local Union No 102 Surety Plan $685M · 2,382
- Kpmg Partner Retirement Savings Plan $524M · 1,704
- Cooper Health System, Inc. Defined Contribution Retirement Plan $359M · 7,208
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Electrical Workers IBEW Local 163 Annuity Fund by total assets, not by location.
- Riverside Healthcare 401(a) Savings Plan (IL) $125M · 2,289
- Building Laborers Local 310 Annuity Fund (OH) $125M · 1,940
- Mto Profit Sharing Plan (CA) $126M · 356
- Ufcw Local 342 Savings and 401(k) Plan (NY) $125M · 8,553
Frequently Asked Questions
How did Electrical Workers IBEW Local 163 Annuity Fund assets move in 2024? ▼
How have Board of Trustees, Electrical Workers IBEW Local 163 Annuity Fund plan assets changed over time? ▼
Where does Electrical Workers IBEW Local 163 Annuity Fund rank by assets among Form 5500 filers? ▼
Which Profit Sharing plans are similar in size to Electrical Workers IBEW Local 163 Annuity Fund? ▼
Next read for Electrical Workers IBEW Local 163 Annuit…
Scale reading
Ways to act on Electrical Workers IBEW Local 163 Annuity Fund's numbers.
- By total assets, Electrical Workers IBEW Local 163 Annuity Fund ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in New Jersey. Compare plans
- Board of Trustees, Electrical Workers IBEW Local 163 Annuity Fund's sponsor-wide assets have grown 28.1% 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 236544827.
Read our methodology - how this data is sourced, computed, and verified.