Profit Sharing · DOL Form 5500 · 2024
Board of Trustees, Electrical Workers IBEW Local 163 Annuity Fund Profit Sharing Plan
Data updated 2026-08-25
- $125M
- Total assets Near avg plan size
- 480
- Participants Below avg headcount
- 92nd
- Percentile by assets National rank
- $261,287
- Avg per participant Above avg balance/head
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.
- #8,178 in Construction (9,039 peers)
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.
- #8,178
- in Construction (9,039 peers)
- +8.6%
- assets growth YoY
- 1.3×
- vs typical plan assets (national mean)
Electrical Workers IBEW Local 163 Annuity Fund's outsized position by total assets
Electrical Workers IBEW Local 163 Annuity Fund vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$125,417,780 Top 8% higher than 92% 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
Electrical Workers IBEW Local 163 Annuity Fund 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. Electrical Workers IBEW Local 163 Annuity Fund sits mid-pack in the medium band (480 participants).
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.
Published 5500 schedule card
Filing strip 236544827 · Board of Trustees, Electrical Workers IBEW Local 163 Annuity Fund PY 2024 · Profit Sharing
Electrical Workers IBEW Local 163 Annuity Fund · $125M · 480 · 92nd
- EOY $125M
- EOY 480
- EOY 92nd
- EOY Profit Sharing
- EOY near Riverside Healthcare 401(a) Savings Plan
- EOY ind #8178
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 New Jersey →
Electrical Workers IBEW Local 163 Annuity Fund in the asset neighbourhood
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)
Sponsor-wide plan assets over time
All Board of Trustees, Electrical Workers IBEW Local 163 Annuity Fund plans reported in each filing year
- Latest sponsor-wide plan assets
- $125M 28.052043591394316% vs 2022
- 2024 filing year
| 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.
- 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
- Operating Engineers Local 825 Profit Sharing Fund $1.5B · 10,365
- IBEW Local Union No 102 Surety Plan $685M · 2,382
- Kpmg Partner Retirement Savings Plan $524M · 1,704
Electrical Workers IBEW Local 163 Annuity Fund's out-of-state Profit Sharing peers by assets and headcount
Outside New Jersey, the nearest Profit Sharing by assets is Riverside Healthcare 401(a) Savings Plan in IL ($125M); by covered participants it is Pepsico Puerto Rico Savings and Retirement Plan in NY (479 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($125M here).
- 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
Similar participant headcount
Nearest other-state filings by covered participants (480 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.