Money Purchase · DOL Form 5500 · 2024
Trustees of Local Union 106 IBEW Annuity Plan Money Purchase Plan
Data updated 2026-08-11
- $34M
- Total assets
- 165
- Participants
- 79th
- Percentile by assets
- $207,321
- Avg per participant
Official DOL plan name: I.B.E.W. Local No. 106 Annuity Plan · Sponsored by Trustees of Local Union 106 IBEW Annuity Plan · New York · Finance & Insurance
$34M in assets, 165 participants
Trustees of Local Union 106 IBEW Annuity Plan's I.B.E.W. Local No. 106 Annuity Plan reported $34M in total assets and 165 participants in its 2024 DOL Form 5500 filing, ranking in the 79th 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.
- 79th percentile by assets (of 123,622 plans)
- #5,776 in Finance & Insurance (8,549 peers)
Coverage in New York
I.B.E.W. Local No. 106 Annuity Plan covers 165 participants in New York, about 21% of the average New York filer (state average ~798 per filing). Assets: $34M.
- $34M
- total plan assets (2024 EOY)
- 165
- covered participants
- 79th
- percentile by assets (of 123,622 plans)
- $207,321
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- I.B.E.W. Local No. 106 Annuity Plan reported net income fell from $7M in the plan year 2023 filing to $4M in the plan year 2024 filing.
- I.B.E.W. Local No. 106 Annuity Plan end-of-year assets rose from $30M in the plan year 2023 filing to $34M in the plan year 2024 filing.
Participants vs New York filers
In New York, the average filing covers about 798 participants across 9,061 plans. I.B.E.W. Local No. 106 Annuity Plan reports 165 participants - about 21% of that state average ($34M EOY assets).
New York filing particulars
| Total Assets (Beginning of Year) | $30M |
|---|---|
| Net Assets (End of Year) | $34M |
| Net Income | $4M |
| Employer EIN | 166126150 |
| Plan Effective Date | 1979-11-10 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Trustees of Local Union 106 IBEW Annuity Plan)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 294 | $60M |
| 2023 | 2 | 312 | $70M |
| 2024 | 2 | 318 | $78M |
Nearby Money Purchase Plans in New York
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
I.B.E.W. Local No. 106 Annuity Plan vs. nearby Money Purchase plans in New York, assets vs. participants
- Tiaa Retirement Plan $5.9B · 11,906
- Young Men's Christian Association Retirement Fund Retirement Plan $3.9B · 47,199
- McKinsey & Company, Inc. (Mppp) Money Purchase Pension Plan $2.2B · 15,274
- Brookhaven Science Associates, LLC Retirement Plan $1.5B · 2,624
- Iron Workers Locals 40, 361 & 417 Annuity Fund $1.2B · 2,357
Similar-Sized Money Purchase Plans Nationally
Money Purchase plans in other states closest to I.B.E.W. Local No. 106 Annuity Plan by total assets, not by location.
- Greylock Pension Plan (MA) $35M · 305
- Salud Family Health Retirement Plan (CO) $34M · 528
- Iron Workers Local #397 Annuity Fund (TN) $34M · 1,627
- Inland Refrigeration and Air Conditioning Retirement Trust Fund (CA) $33M · 187
Frequently Asked Questions
How did I.B.E.W. Local No. 106 Annuity Plan assets move in 2024? ▼
How have Trustees of Local Union 106 IBEW Annuity Plan plan assets changed over time? ▼
Where does I.B.E.W. Local No. 106 Annuity Plan rank by assets among Form 5500 filers? ▼
Which Money Purchase plans are similar in size to I.B.E.W. Local No. 106 Annuity Plan? ▼
Next read for I.B.E.W. Local No. 106 Annuity Plan
Filing takeaways
Ways to act on I.B.E.W. Local No. 106 Annuity Plan's numbers.
- By total assets, I.B.E.W. Local No. 106 Annuity Plan ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Money Purchase plans in New York. Compare plans
- Trustees of Local Union 106 IBEW Annuity Plan's sponsor-wide assets have grown 29.8% since 2022 across 3 plan years on file. More Finance & Insurance plans