401(k) · DOL Form 5500 · 2024
International Brotherhood of Elec Workers Union Local 7 401(k) Plan
Data updated 2026-08-25
- $78M
- Total assets Below avg plan size
- 821
- Participants Near avg headcount
- 89th
- Percentile by assets National rank
- $95,211
- Avg per participant Below avg balance/head
Official DOL plan name: The International Brotherhood of Electrical Workers Local 7 Annuity Plan · Sponsored by International Brotherhood of Elec Workers Union Local 7 · Connecticut · Construction
$78M in assets, 821 participants
International Brotherhood of Elec Workers Union Local 7's The International Brotherhood of Electrical Workers Local 7 Annuity Plan reported $78M in total assets and 821 participants in its 2024 DOL Form 5500 filing, ranking in the 89th 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.
- #7,837 in Construction (9,039 peers)
Where The International Brotherhood of Electrical Workers Local 7 Annuity Plan sits by assets
The International Brotherhood of Electrical Workers Local 7 Annuity Plan sits in the top quartile of all filed plans by assets, $78M for 821 participants (~$95,211/participant), up 6.8% in 2024.
- #7,837
- in Construction (9,039 peers)
- +6.8%
- assets growth YoY
- 0.8×
- vs typical plan assets (national mean)
The International Brotherhood of Electrical Workers Local 7 Annuity Plan's outsized position by total assets
The International Brotherhood of Electrical Workers Local 7 Annuity Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$78,168,580 Top 11% higher than 89% 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
The International Brotherhood of Electrical Workers Local 7 Annuity 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. The International Brotherhood of Electrical Workers Local 7 Annuity Plan sits mid-pack in the medium band (821 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- The International Brotherhood of Electrical Workers Local 7 Annuity Plan reported net income fell from $7M in the plan year 2023 filing to $5M in the plan year 2024 filing.
- The International Brotherhood of Electrical Workers Local 7 Annuity Plan end-of-year assets rose from $73M in the plan year 2023 filing to $78M in the plan year 2024 filing.
- The International Brotherhood of Electrical Workers Local 7 Annuity Plan reported participants rose from 803 in the plan year 2023 filing to 821 in the plan year 2024 filing.
Plan-year Form 5500 strip
Filing strip 042733497 · International Brotherhood of Elec Workers Union Local 7 PY 2024 · 401(k)
The International Brotherhood of Electrical Workers Local 7 Annuity Plan · $78M · 821 · 89th
- SCH $78M
- EBSA 821
- PART 89th
- TYPE 401(k)
- NET near Uft 401(k) Plan
- BOOK ind #7837
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 Connecticut →
The International Brotherhood of Electrical Workers Local 7 Annuity Plan in the asset neighbourhood
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $73M |
|---|---|
| Net Assets (End of Year) | $78M |
| Net Income | $5M |
| Employer EIN | 042733497 |
| Plan Effective Date | 1980-06-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (International Brotherhood of Elec Workers Union Local 7)
Sponsor-wide plan assets over time
All International Brotherhood of Elec Workers Union Local 7 plans reported in each filing year
- Latest sponsor-wide plan assets
- $78M 18.432027826168746% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 790 | $66M |
| 2023 | 1 | 803 | $73M |
| 2024 | 1 | 821 | $78M |
Nearby 401(k) Plans in Connecticut
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Rtx Savings Plan $58.6B · 124,876
- Citi Retirement Savings Plan $23.2B · 78,741
- The Hartford Investment and Savings Plan $7.2B · 18,614
- Eversource 401(k) Plan $4.0B · 10,041
- Xerox Corporation Savings Plan $4.0B · 9,876
The International Brotherhood of Electrical Workers Local 7 Annuity Plan's out-of-state 401(k) peers by assets and headcount
Outside Connecticut, the nearest 401(k) by assets is Uft 401(k) Plan in TX ($78M); by covered participants it is 401(k) Profit Sharing Plan for Employees of Great Western Dining Service, Inc. in MO (821 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($78M here).
- Uft 401(k) Plan (TX) $78M · 604
- Dyson, Inc. 401(k) Plan (IL) $78M · 614
- The Retirement Savings Plan of Sunbeam Television Corporation (FL) $78M · 600
- Baker Boyer Bancorp 401(k) Profit Sharing Plan & Trust (WA) $78M · 192
Similar participant headcount
Nearest other-state filings by covered participants (821 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.