401(k) · DOL Form 5500 · 2024
Trustees of IBEW Local Union No. 9 and Line Clearance Contractors 401( 401(k) Plan
Data updated 2026-08-11
- $143M
- Total assets
- 1,010
- Participants
- 93rd
- Percentile by assets
- $141,526
- Avg per participant
Official DOL plan name: IBEW Local Union No. 9 and Line Clearance Contract 401(k) Retirement Fund · Sponsored by Trustees of IBEW Local Union No. 9 and Line Clearance Contractors 401( · Michigan · Construction
$143M in assets, 1,010 participants
Trustees of IBEW Local Union No. 9 and Line Clearance Contractors 401('s IBEW Local Union No. 9 and Line Clearance Contract 401(k) Retirement Fund reported $143M in total assets and 1,010 participants in its 2024 DOL Form 5500 filing, ranking in the 93rd 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.
- 93rd percentile by assets (of 123,622 plans)
- #8,252 in Construction (9,039 peers)
Where IBEW Local Union No. 9 and Line Clearance Contract 401(k) Retirement Fund sits by assets
IBEW Local Union No. 9 and Line Clearance Contract 401(k) Retirement Fund sits in the top 10% of all filed plans by assets, $143M for 1,010 participants (~$141,526/participant), up 9.8% in 2024.
- $143M
- total plan assets (2024 EOY)
- 1,010
- covered participants
- 93rd
- percentile by assets (of 123,622 plans)
- $141,526
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- IBEW Local Union No. 9 and Line Clearance Contract 401(k) Retirement Fund reported participants fell from 1,209 in the plan year 2023 filing to 1,010 in the plan year 2024 filing.
- IBEW Local Union No. 9 and Line Clearance Contract 401(k) Retirement Fund end-of-year assets rose from $130M in the plan year 2023 filing to $143M in the plan year 2024 filing.
- IBEW Local Union No. 9 and Line Clearance Contract 401(k) Retirement Fund reported net income fell from $14M in the plan year 2023 filing to $13M in the plan year 2024 filing.
IBEW Local Union No. 9 and Line Clearance Contract 401(k) Retirement Fund vs the 2024 asset distribution
By assets, IBEW Local Union No. 9 and Line Clearance Contract 401(k) Retirement Fund outranks 93% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.4x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $130M |
|---|---|
| Net Assets (End of Year) | $143M |
| Net Income | $13M |
| Employer EIN | 366519755 |
| Plan Effective Date | 1972-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Trustees of IBEW Local Union No. 9 and Line Clearance Contractors 401()
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 1,099 | $116M |
| 2023 | 1 | 1,209 | $130M |
| 2024 | 1 | 1,010 | $143M |
Nearby 401(k) Plans in Michigan
Peer 401(k) plans, same state, same plan type, ranked by total assets.
IBEW Local Union No. 9 and Line Clearance Contract 401(k) Retirement Fund vs. nearby 401(k) plans in Michigan, assets vs. participants
- General Motors Retirement Savings Plan for Salaried Employees in the United States $23.1B · 43,053
- Ford Motor Co. Savings and Stock Investment Plan for Salaried Employees $17.3B · 31,790
- The Dow Chemical Company Employees' Savings Plan $10.8B · 17,128
- The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States $9.6B · 42,513
- Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees $8.3B · 60,497
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to IBEW Local Union No. 9 and Line Clearance Contract 401(k) Retirement Fund by total assets, not by location.
- Nice-Pak Products, Inc. 401(k) Savings Plan (NY) $143M · 1,372
- The Washington Trust Company 401(k) Plan (RI) $143M · 650
- Electrical Consultants Inc Profit Sharing Plan (MT) $143M · 937
- Independent Financial 401(k) Profit Sharing Plan (TX) $143M · 1,443
Frequently Asked Questions
How did IBEW Local Union No. 9 and Line Clearance Contract 401(k) Retirement Fund assets move in 2024? ▼
How have Trustees of IBEW Local Union No. 9 and Line Clearance Contractors 401( plan assets changed over time? ▼
Where does IBEW Local Union No. 9 and Line Clearance Contract 401(k) Retirement Fund rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to IBEW Local Union No. 9 and Line Clearance Contract 401(k) Retirement Fund? ▼
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Ways to act on IBEW Local Union No. 9 and Line Clearance Contract 401(k) Retirement Fund's numbers.
- By total assets, IBEW Local Union No. 9 and Line Clearance Contract 401(k) Retirement Fund ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Michigan. Compare plans
- Trustees of IBEW Local Union No. 9 and Line Clearance Contractors 401('s sponsor-wide assets have grown 23.3% since 2022 across 3 plan years on file. More Construction plans