I.B.E.W. LOCAL UNION 481 DEFINED CONTRIBUTION PLAN

Reviewed byPlainRetire Editorial, Retirement Plans Editorial Team · June 6, 2026

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

IBEW LOCAL UNION 481 DEFINED CONTRIBUTION

This 401(k) plan holds $296M in total assets and serves 2,994 participants as of 2024. It is sponsored by IBEW LOCAL UNION 481 DEFINED CONTRIBUTION in Indiana. The plan reported positive net income of $29M for the year.

Total Assets (2023)

$296M

Participants

2,994

State

Indiana

Industry

Construction

What the Filing Says About I.B.E.W. LOCAL UNION 481 DEFINED CONTRIBUTION PLAN

I.B.E.W. LOCAL UNION 481 DEFINED CONTRIBUTION PLAN is a 401(k) retirement plan sponsored by IBEW LOCAL UNION 481 DEFINED CONTRIBUTION, headquartered in Indiana. As of the 2024 Form 5500 filing, the plan reports $296M in total end-of-year assets and covers 2,994 participants across the Construction industry. The sponsor's EIN on file with the U.S. Department of Labor is 351501496, and the plan has been effective since 1980-06-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $268M at the beginning of 2024 to $296M at year-end — a gain of 10.2%. Net assets (after liabilities) closed the year at $295M, with reported net income of $29M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)	$268M
Total Assets (End of Year)	$296M
Net Assets (End of Year)	$295M
Net Income	$29M
Plan Type	401(k)
Employer EIN	351501496
Plan Effective Date	1980-06-01
Filing Status	FILING RECEIVED

Sponsor Plan History (IBEW LOCAL UNION 481 DEFINED CONTRIBUTION)

Year	Plans	Participants	Total Assets
2022	1	2,730	$246M
2023	1	2,820	$268M
2024	1	2,994	$296M

Nearby 401(k) Plans in Indiana

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THE LILLY EMPLOYEE 401(K) PLAN $11.1B · 17,583
ELEVANCE HEALTH 401(K) PLAN $11.0B · 76,590
CUMMINS RETIREMENT AND SAVINGS PLAN $5.7B · 28,381
IU HEALTH 401(K) SAVINGS PLAN $3.9B · 38,575
STEEL DYNAMICS, INC. PROFIT SHARING AND RETIREMENT SAVINGS PLAN $2.6B · 9,015

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Frequently Asked Questions

How much money is in the I.B.E.W. LOCAL UNION 481 DEFINED CONTRIBUTION PLAN? ▼

As of the 2024 Form 5500 filing, I.B.E.W. LOCAL UNION 481 DEFINED CONTRIBUTION PLAN holds $296M in total assets with 2,994 participants. It is sponsored by IBEW LOCAL UNION 481 DEFINED CONTRIBUTION.

What type of plan is I.B.E.W. LOCAL UNION 481 DEFINED CONTRIBUTION PLAN? ▼

I.B.E.W. LOCAL UNION 481 DEFINED CONTRIBUTION PLAN is a 401(k) plan. It has been effective since 1980-06-01. The plan is filed with the U.S. Department of Labor under EIN 351501496.

Who sponsors the I.B.E.W. LOCAL UNION 481 DEFINED CONTRIBUTION PLAN? ▼

I.B.E.W. LOCAL UNION 481 DEFINED CONTRIBUTION PLAN is sponsored by IBEW LOCAL UNION 481 DEFINED CONTRIBUTION, located in Indiana. The sponsor's EIN is 351501496 and the plan operates in the Construction industry.

How did I.B.E.W. LOCAL UNION 481 DEFINED CONTRIBUTION PLAN perform in 2024? ▼

I.B.E.W. LOCAL UNION 481 DEFINED CONTRIBUTION PLAN grew by 10.2% during 2024, moving from $268M to $296M in total assets. Net income was $29M.

Where can I find official filings for I.B.E.W. LOCAL UNION 481 DEFINED CONTRIBUTION PLAN? ▼

Official Form 5500 filings for I.B.E.W. LOCAL UNION 481 DEFINED CONTRIBUTION PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 351501496 or plan name at efast.dol.gov.

How does I.B.E.W. LOCAL UNION 481 DEFINED CONTRIBUTION PLAN compare to other plans? ▼

You can compare I.B.E.W. LOCAL UNION 481 DEFINED CONTRIBUTION PLAN against other 401(k) plans on the plan type page, or view plans in Indiana on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.