Profit Sharing · DOL Form 5500 · 2024

I.B.E.W. Local 246 Retirement Plan Board of Trustees Profit Sharing Plan

Data updated 2026-08-25

$29M
Total assets Below avg plan size
297
Participants Below avg headcount
77th
Percentile by assets National rank
$98,446
Avg per participant Below avg balance/head
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Official DOL plan name: I.B.E.W. Local 246 Retirement Plan · Sponsored by I.B.E.W. Local 246 Retirement Plan Board of Trustees · Pennsylvania · Construction

$29M in assets, 297 participants

I.B.E.W. Local 246 Retirement Plan Board of Trustees's I.B.E.W. Local 246 Retirement Plan reported $29M in total assets and 297 participants in its 2024 DOL Form 5500 filing, ranking in the 77th 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.

  • #6,820 in Construction (9,039 peers)

Coverage in Pennsylvania

I.B.E.W. Local 246 Retirement Plan covers 297 participants in Pennsylvania, about 36% of the average Pennsylvania filer (state average ~822 per filing). Assets: $29M.

#6,820
in Construction (9,039 peers)
+3.4%
assets growth YoY
0.3×
vs typical plan assets (national mean)

I.B.E.W. Local 246 Retirement Plan's outsized position by total assets

I.B.E.W. Local 246 Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$29,238,407 Top 23% higher than 77% of 123,620 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

I.B.E.W. Local 246 Retirement Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. I.B.E.W. Local 246 Retirement Plan sits mid-pack in the medium band (297 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • I.B.E.W. Local 246 Retirement Plan reported participants fell from 652 in the plan year 2023 filing to 297 in the plan year 2024 filing.
  • I.B.E.W. Local 246 Retirement Plan end-of-year assets rose from $28M in the plan year 2023 filing to $29M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 341302212 · I.B.E.W. Local 246 Retirement Plan Board of Trustees PY 2024 · Profit Sharing

I.B.E.W. Local 246 Retirement Plan · $29M · 297 · 77th

  • TYPE $29M
  • NET 297
  • BOOK 77th
  • VS-ST Profit Sharing
  • BOY near Maine Dartmouth Family Medicine Residency 403(b) Plan
  • SCH ind #6820

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 Pennsylvania →

I.B.E.W. Local 246 Retirement Plan in the asset neighbourhood

Brockton Neighborhood Health Center 403(b) PlanBrockton Neighborhood Health…$29MFenwal International, Inc. Savings and Retirement PlanFenwal International, Inc. S…$29MI.B.E.W. Local 246 Retirement PlanI.B.E.W. Local 246 Retiremen…$29MMaine Dartmouth Family Medicine Residency 403(b) PlanMaine Dartmouth Family Medic…$29MHillcrest Educational Foundation, Inc. 403(b) PlanHillcrest Educational Founda…$29M
End-of-year total assets ($M) among I.B.E.W. Local 246 Retirement Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$28M
Net Assets (End of Year)$29M
Net Income$970K
Employer EIN341302212
Plan Effective Date1979-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (I.B.E.W. Local 246 Retirement Plan Board of Trustees)

Sponsor-wide plan assets over time

All I.B.E.W. Local 246 Retirement Plan Board of Trustees plans reported in each filing year

Latest sponsor-wide plan assets
$29M 7.222283647362487% vs 2022
2024 filing year
$27M$28M$29M$30M 202220232024 $27.3M $29.2M ▲ +7.2%
Year Plans Participants Total Assets
2022 1 597 $27M
2023 1 652 $28M
2024 1 297 $29M

Nearby Profit Sharing Plans in Pennsylvania

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

I.B.E.W. Local 246 Retirement Plan vs. nearby Profit Sharing plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 -0.500.511.522.5 Total assets ($B) Participants I.B.E.W. Local 246 Retirement Plan, Total assets ($B): 0.029238407 · Participants: 297I.B.E.W. Local 246 Retirement PlanEastern Atlantic States Carpenters Annuity Fund, Total assets ($B): 2.245462462 · Participants: 14807Eastern Atlantic States Carpenters Annuity FundUniversity of Pennsylvania Basic Plan, Total assets ($B): 1.995663035 · Participants: 21954University of Pennsylvania Basic PlanInternational Brotherhood of Electrical Workers Local Union 98 - Profit Sharing Plan, Total assets ($B): 1.259021509 · Participants: 3927International Brotherhood of Electrical Workers Local Union 98 - Profit Sharing PlanTemple University Health System, Inc. Defined Contribution Retirement Plan, Total assets ($B): 0.876135705 · Participants: 10394Temple University Health System, Inc. Defined Contribution Retirement PlanMorgan, Lewis & Bockius LLP Defined Contribution Plan, Total assets ($B): 0.781454632 · Participants: 2477Morgan, Lewis & Bockius LLP Defined Contribution Plan
I.B.E.W. Local 246 Retirement Plan vs. nearby Profit Sharing plans in Pennsylvania, assets vs. participants
Compare I.B.E.W. Local 246 Retirement Plan side-by-side with 3 peers →

I.B.E.W. Local 246 Retirement Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Pennsylvania, the nearest Profit Sharing by assets is Maine Dartmouth Family Medicine Residency 403(b) Plan in ME ($29M); by covered participants it is Hga Supplemental Profit Sharing Plan in MN (297 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (297 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did I.B.E.W. Local 246 Retirement Plan assets move in 2024? ▼
I.B.E.W. Local 246 Retirement Plan edged up modestly - up 3.4% during 2024, from $28M to $29M. Reported net income was $970K.
How have I.B.E.W. Local 246 Retirement Plan Board of Trustees plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), I.B.E.W. Local 246 Retirement Plan Board of Trustees's sponsor-wide assets grew 7.2%, from $27M to $29M.
Where does I.B.E.W. Local 246 Retirement Plan rank by assets among Form 5500 filers? ▼
I.B.E.W. Local 246 Retirement Plan ranks in the 77th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which Profit Sharing plans are similar in size to I.B.E.W. Local 246 Retirement Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Maine Dartmouth Family Medicine Residency 403(b) Plan in ME ($29M, 121 participants).
Which Profit Sharing plans cover a similar participant headcount to I.B.E.W. Local 246 Retirement Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Hga Supplemental Profit Sharing Plan in MN (297 participants, $17M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 341302212.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.