Profit Sharing · DOL Form 5500 · 2024

Board of Trustees Annuity Fund IBEW Local 96 Profit Sharing Plan

Data updated 2026-08-25

$109M
Total assets Near avg plan size
730
Participants Near avg headcount
91st
Percentile by assets National rank
$149,825
Avg per participant Above avg balance/head
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Official DOL plan name: Annuity Plan IBEW Local 96 · Sponsored by Board of Trustees Annuity Fund IBEW Local 96 · Maryland · Construction

$109M in assets, 730 participants

Board of Trustees Annuity Fund IBEW Local 96's Annuity Plan IBEW Local 96 reported $109M in total assets and 730 participants in its 2024 DOL Form 5500 filing, ranking in the 91st 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.

  • #8,091 in Construction (9,039 peers)

Where Annuity Plan IBEW Local 96 sits by assets

Annuity Plan IBEW Local 96 sits in the top 10% of all filed plans by assets, $109M for 730 participants (~$149,825/participant), up 6.0% in 2024.

#8,091
in Construction (9,039 peers)
+6.0%
assets growth YoY
1.1×
vs typical plan assets (national mean)

Annuity Plan IBEW Local 96's outsized position by total assets

Annuity Plan IBEW Local 96 vs every filed plan by assets

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

$109,372,244 Top 9% higher than 91% 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

Annuity Plan IBEW Local 96 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. Annuity Plan IBEW Local 96 sits mid-pack in the medium band (730 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Annuity Plan IBEW Local 96 reported net income fell from $7M in the plan year 2023 filing to $6M in the plan year 2024 filing.
  • Annuity Plan IBEW Local 96 end-of-year assets rose from $103M in the plan year 2023 filing to $109M in the plan year 2024 filing.
  • Annuity Plan IBEW Local 96 reported participants rose from 694 in the plan year 2023 filing to 730 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 046295080 · Board of Trustees Annuity Fund IBEW Local 96 PY 2024 · Profit Sharing

Annuity Plan IBEW Local 96 · $109M · 730 · 91st

  • EOY $109M
  • 5500 730
  • ASSETS 91st
  • PCT Profit Sharing
  • EIN near Hawaii Sheet Metal Workers Annuity Profit Sharing
  • RANK ind #8091

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 Maryland →

Annuity Plan IBEW Local 96 in the asset neighbourhood

Retirement Plan for Employees of HowardcenterRetirement Plan for Employee…$110MAnnuity Plan IBEW Local 96$109MHawaii Sheet Metal Workers Annuity Profit SharingHawaii Sheet Metal Workers A…$109MCape Regional Medical Center Defined Contribution Retirement PlanCape Regional Medical Center…$109MStowers Group Retirement Plan$109M
End-of-year total assets ($M) among Annuity Plan IBEW Local 96 and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$103M
Net Assets (End of Year)$109M
Net Income$6M
Employer EIN046295080
Plan Effective Date1975-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees Annuity Fund IBEW Local 96)

Sponsor-wide plan assets over time

All Board of Trustees Annuity Fund IBEW Local 96 plans reported in each filing year

Latest sponsor-wide plan assets
$178M 14.647529825658667% vs 2022
2024 filing year
$150M$160M$170M$180M$190M 202220232024 $155M $178M ▲ +14.6%
Year Plans Participants Total Assets
2022 2 942 $155M
2023 2 968 $165M
2024 2 1,022 $178M

Nearby Profit Sharing Plans in Maryland

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

Annuity Plan IBEW Local 96 vs. nearby Profit Sharing plans in Maryland, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -101234 Total assets ($B) Participants Annuity Plan IBEW Local 96, Total assets ($B): 0.109372244 · Participants: 730Annuity Plan IBEW Local 96Sprinkler Industry Supplemental Pension Fund, Total assets ($B): 3.329766186 · Participants: 28393Sprinkler Industry Supplemental Pension FundNfl Player Annuity Program, Total assets ($B): 1.965106048 · Participants: 2745Nfl Player Annuity ProgramUniversity of Maryland Medical System 403(b) Retirement Savings Plan, Total assets ($B): 0.730469763 · Participants: 19560University of Maryland Medical System 403(b) Retirement Savings PlanNfl Player Capital Accumulation Plan, Total assets ($B): 0.706794055 · Participants: 2693Nfl Player Capital Accumulation PlanInternational Painters and Allied Trades Industry Annuity Plan, Total assets ($B): 0.64371577 · Participants: 10721International Painters and Allied Trades Industry Annuity Plan
Annuity Plan IBEW Local 96 vs. nearby Profit Sharing plans in Maryland, assets vs. participants

Annuity Plan IBEW Local 96's out-of-state Profit Sharing peers by assets and headcount

Outside Maryland, the nearest Profit Sharing by assets is Hawaii Sheet Metal Workers Annuity Profit Sharing in HI ($109M); by covered participants it is Willamette University Defined Contribution Retirement Plan in OR (730 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (730 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 Annuity Plan IBEW Local 96 assets move in 2024?
Annuity Plan IBEW Local 96 grew at a solid clip - up 6.0% during 2024, from $103M to $109M. Reported net income was $6M.
How have Board of Trustees Annuity Fund IBEW Local 96 plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees Annuity Fund IBEW Local 96's sponsor-wide assets grew 14.6%, from $155M to $178M.
Where does Annuity Plan IBEW Local 96 rank by assets among Form 5500 filers?
Annuity Plan IBEW Local 96 ranks in the 91st 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 Profit Sharing plans are similar in size to Annuity Plan IBEW Local 96?
Among Profit Sharing plans in other states, the closest by assets is Hawaii Sheet Metal Workers Annuity Profit Sharing in HI ($109M, 571 participants).
Which Profit Sharing plans cover a similar participant headcount to Annuity Plan IBEW Local 96?
Among Profit Sharing plans in other states, the closest by covered participants is Willamette University Defined Contribution Retirement Plan in OR (730 participants, $212M in assets).