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
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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.

See the national 2023→2024 release diff →

State
Industry

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 EIN366519755
Plan Effective Date1972-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Trustees of IBEW Local Union No. 9 and Line Clearance Contractors 401()

$110M$120M$130M$140M$150M 202220232024 $116M $143M ▲ +23.3%
Total plan assets by year, all Trustees of IBEW Local Union No. 9 and Line Clearance Contractors 401( plans on file
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

IBEW Local Union No. 9 and Line Clearance Contract 401(k) Retirement Fund vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -100102030 Total assets ($B) Participants IBEW Local Union No.…General Motors Retir…Ford Motor Co. Savin…The Dow Chemical Com…The General Motors P…Ford Motor Co. Tax-E…
IBEW Local Union No. 9 and Line Clearance Contract 401(k) Retirement Fund vs. nearby 401(k) plans in Michigan, assets vs. participants

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.

Frequently Asked Questions

How did IBEW Local Union No. 9 and Line Clearance Contract 401(k) Retirement Fund assets move in 2024?
IBEW Local Union No. 9 and Line Clearance Contract 401(k) Retirement Fund grew at a solid clip - up 9.8% during 2024, from $130M to $143M. Reported net income was $13M.
How have Trustees of IBEW Local Union No. 9 and Line Clearance Contractors 401( plan assets changed over time?
Across 3 plan years on file (2022-2024), Trustees of IBEW Local Union No. 9 and Line Clearance Contractors 401('s sponsor-wide assets grew 23.3%, from $116M to $143M.
Where does IBEW Local Union No. 9 and Line Clearance Contract 401(k) Retirement Fund rank by assets among Form 5500 filers?
IBEW Local Union No. 9 and Line Clearance Contract 401(k) Retirement Fund ranks in the 93rd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to IBEW Local Union No. 9 and Line Clearance Contract 401(k) Retirement Fund?
Among 401(k) plans in other states, the closest by assets is Nice-Pak Products, Inc. 401(k) Savings Plan in NY ($143M, 1,372 participants).

Next read for IBEW Local Union No. 9 and Line Clearanc…

Scale reading

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