Profit Sharing · DOL Form 5500 · 2024
IBEW Local 1249 Annuity Fund Profit Sharing Plan
Data updated 2026-08-25
- $39M
- Total assets Below avg plan size
- 3,040
- Participants Above avg headcount
- 81st
- Percentile by assets National rank
- $12,895
- Avg per participant Low balance/head
Official DOL plan name: IBEW Local 1249 Annuity Fund · Sponsored by IBEW Local 1249 Annuity Fund · New York · Construction
$39M in assets, 3,040 participants
IBEW Local 1249 Annuity Fund's IBEW Local 1249 Annuity Fund reported $39M in total assets and 3,040 participants in its 2024 DOL Form 5500 filing, ranking in the 81st 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.
- #7,194 in Construction (9,039 peers)
Coverage in New York
IBEW Local 1249 Annuity Fund covers 3,040 participants in New York, 3.8x the typical New York plan (state average ~798 per filing). Assets: $39M.
- #7,194
- in Construction (9,039 peers)
- +73.6%
- assets growth YoY
- 0.4×
- vs typical plan assets (national mean)
IBEW Local 1249 Annuity Fund's outsized position by total assets
IBEW Local 1249 Annuity Fund vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$39,200,356 Top 19% higher than 81% 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
IBEW Local 1249 Annuity Fund'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. IBEW Local 1249 Annuity Fund lands in the large band (3,040 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- IBEW Local 1249 Annuity Fund end-of-year assets rose from $23M in the plan year 2023 filing to $39M in the plan year 2024 filing.
- IBEW Local 1249 Annuity Fund reported net income rose from $12M in the plan year 2023 filing to $17M in the plan year 2024 filing.
- IBEW Local 1249 Annuity Fund reported participants rose from 3,026 in the plan year 2023 filing to 3,040 in the plan year 2024 filing.
DOL schedule card
Filing strip 863163143 · IBEW Local 1249 Annuity Fund PY 2024 · Profit Sharing
IBEW Local 1249 Annuity Fund · $39M · 3,040 · 81st
- IND $39M
- IND 3,040
- IND 81st
- IND Profit Sharing
- IND near Amended & Restated Profit Sharing Plan of Midwest Pms
- IND ind #7194
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 York →
IBEW Local 1249 Annuity Fund in the asset neighbourhood
New York filing particulars
| Total Assets (Beginning of Year) | $23M |
|---|---|
| Net Assets (End of Year) | $39M |
| Net Income | $17M |
| Employer EIN | 863163143 |
| Plan Effective Date | 2021-05-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (IBEW Local 1249 Annuity Fund)
Sponsor-wide plan assets over time
All IBEW Local 1249 Annuity Fund plans reported in each filing year
- Latest sponsor-wide plan assets
- $39M 243.13313243304302% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 1,780 | $11M |
| 2023 | 1 | 3,026 | $23M |
| 2024 | 1 | 3,040 | $39M |
Nearby Profit Sharing Plans in New York
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
- Annuity Plan of the Electrical Industry $2.3B · 18,200
- Annuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIO $2.1B · 3,278
- Annuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIO $1.8B · 5,817
- The Research Foundation for the State University of New York Retirement Plan $1.3B · 9,758
- Rochester Regional Health 403(b) Defined Contribution Plan $987M · 15,432
IBEW Local 1249 Annuity Fund's out-of-state Profit Sharing peers by assets and headcount
Outside New York, the nearest Profit Sharing by assets is Amended & Restated Profit Sharing Plan of Midwest Pms in CO ($39M); by covered participants it is Connecticut Laborers' Annuity Plan in CT (3,043 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($39M here).
- Amended & Restated Profit Sharing Plan of Midwest Pms (CO) $39M · 163
- Children's Institute, Inc. 403(b) Plan (CA) $39M · 819
- Flagler Hospital Tax Sheltered Savings Plan (FL) $39M · 1,959
- Sheet Metal, Air, Rail, & Transportation Association Local Union No. 33 Youngstown District Annuity Plan (OH) $39M · 492
Similar participant headcount
Nearest other-state filings by covered participants (3,040 participants); asset peers above are excluded.
- Connecticut Laborers' Annuity Plan (CT) 3,043 · 3 off
- Construction Industry and Laborers Defined Contribution Pension Plan (NV) 3,054 · 14 off
- Airconditioning and Refrigeration Industry Defined Contribution Retirement Plan (CA) 3,019 · 21 off
- Sheet Metal Workers Local 17 Annuity Income Fund (MA) 3,065 · 25 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.