Money Purchase · DOL Form 5500 · 2024

Trustees of Local 400 IBEW Joint Annuity Fund Money Purchase Plan

Data updated 2026-08-11

$276M
Total assets
705
Participants
95th
Percentile by assets
$391,664
Avg per participant
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Official DOL plan name: Local Union 400 IBEW Joint Annuity Plan · Sponsored by Trustees of Local 400 IBEW Joint Annuity Fund · New Jersey · Construction

$276M in assets, 705 participants

Trustees of Local 400 IBEW Joint Annuity Fund's Local Union 400 IBEW Joint Annuity Plan reported $276M in total assets and 705 participants in its 2024 DOL Form 5500 filing, ranking in the 95th 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.

  • 95th percentile by assets (of 123,622 plans)
  • #8,575 in Construction (9,039 peers)

Where Local Union 400 IBEW Joint Annuity Plan sits by assets

Local Union 400 IBEW Joint Annuity Plan sits in the top 5% of all filed plans by assets, $276M for 705 participants (~$391,664/participant), up 1.1% in 2024.

$276M
total plan assets (2024 EOY)
705
covered participants
95th
percentile by assets (of 123,622 plans)
$391,664
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Local Union 400 IBEW Joint Annuity Plan reported net income fell from $23M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Local Union 400 IBEW Joint Annuity Plan reported participants rose from 669 in the plan year 2023 filing to 705 in the plan year 2024 filing.
  • Local Union 400 IBEW Joint Annuity Plan end-of-year assets rose from $273M in the plan year 2023 filing to $276M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Local Union 400 IBEW Joint Annuity Plan vs the 2024 asset distribution

By assets, Local Union 400 IBEW Joint Annuity Plan outranks 95% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 2.8x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$273M
Net Assets (End of Year)$276M
Net Income$3M
Employer EIN222160644
Plan Effective Date1976-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Trustees of Local 400 IBEW Joint Annuity Fund)

$240M$250M$260M$270M$280M 202220232024 $250M $276M ▲ +10.5%
Total plan assets by year, all Trustees of Local 400 IBEW Joint Annuity Fund plans on file
Year Plans Participants Total Assets
2022 1 677 $250M
2023 1 669 $273M
2024 1 705 $276M

Nearby Money Purchase Plans in New Jersey

Peer Money Purchase plans, same state, same plan type, ranked by total assets.

Local Union 400 IBEW Joint Annuity Plan vs. nearby Money Purchase plans in New Jersey, assets vs. participants

Local Union 400 IBEW Joint Annuity Plan vs. nearby Money Purchase plans in New Jersey, assets vs. participants Scatter plot of 6 data points. 0200040006000800010000 00.511.522.53 Total assets ($B) Participants Local Union 400 IBEW…Princeton University…Local 68 Engineers U…Nysa-Ila Money Purch…Educational Testing …Ironworkers Local 11…
Local Union 400 IBEW Joint Annuity Plan vs. nearby Money Purchase plans in New Jersey, assets vs. participants

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to Local Union 400 IBEW Joint Annuity Plan by total assets, not by location.

Frequently Asked Questions

How did Local Union 400 IBEW Joint Annuity Plan assets move in 2024?
Local Union 400 IBEW Joint Annuity Plan edged up modestly - up 1.1% during 2024, from $273M to $276M. Reported net income was $3M.
How have Trustees of Local 400 IBEW Joint Annuity Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Trustees of Local 400 IBEW Joint Annuity Fund's sponsor-wide assets grew 10.5%, from $250M to $276M.
Where does Local Union 400 IBEW Joint Annuity Plan rank by assets among Form 5500 filers?
Local Union 400 IBEW Joint Annuity Plan ranks in the 95th 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 Money Purchase plans are similar in size to Local Union 400 IBEW Joint Annuity Plan?
Among Money Purchase plans in other states, the closest by assets is Bowdoin College Retirement Plan in ME ($277M, 892 participants).

Next read for Local Union 400 IBEW Joint Annuity Plan

Scale reading

Ways to act on Local Union 400 IBEW Joint Annuity Plan's numbers.

  • By total assets, Local Union 400 IBEW Joint Annuity Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Money Purchase plans in New Jersey. Compare plans
  • Trustees of Local 400 IBEW Joint Annuity Fund's sponsor-wide assets have grown 10.5% since 2022 across 3 plan years on file. More Construction plans