Profit Sharing · DOL Form 5500 · 2024
Trustees of Local No. 41 IBEW Annuity Profit Sharing Plan
Data updated 2026-08-25
- $141M
- Total assets Near avg plan size
- 1,495
- Participants Near avg headcount
- 93rd
- Percentile by assets National rank
- $94,064
- Avg per participant Below avg balance/head
Official DOL plan name: Local Union No. 41 IBEW Annuity Fund · Sponsored by Trustees of Local No. 41 IBEW Annuity · New York · Construction
$141M in assets, 1,495 participants
Trustees of Local No. 41 IBEW Annuity's Local Union No. 41 IBEW Annuity Fund reported $141M in total assets and 1,495 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.
- #8,243 in Construction (9,039 peers)
Where Local Union No. 41 IBEW Annuity Fund sits by assets
Local Union No. 41 IBEW Annuity Fund sits in the top 10% of all filed plans by assets, $141M for 1,495 participants (~$94,064/participant), up 16.6% in 2024.
- #8,243
- in Construction (9,039 peers)
- +16.6%
- assets growth YoY
- 1.4×
- vs typical plan assets (national mean)
Local Union No. 41 IBEW Annuity Fund's outsized position by total assets
Local Union No. 41 IBEW Annuity Fund vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$140,625,133 Top 7% higher than 93% 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
Local Union No. 41 IBEW Annuity Fund's large-plan peer group by participant headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Local Union No. 41 IBEW Annuity Fund lands in the large band (1,495 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Local Union No. 41 IBEW Annuity Fund end-of-year assets rose from $121M in the plan year 2023 filing to $141M in the plan year 2024 filing.
- Local Union No. 41 IBEW Annuity Fund reported net income fell from $23M in the plan year 2023 filing to $20M in the plan year 2024 filing.
- Local Union No. 41 IBEW Annuity Fund reported participants rose from 1,449 in the plan year 2023 filing to 1,495 in the plan year 2024 filing.
Plan-year Form 5500 strip
Filing strip 166069938 · Trustees of Local No. 41 IBEW Annuity PY 2024 · Profit Sharing
Local Union No. 41 IBEW Annuity Fund · $141M · 1,495 · 93rd
- EOY $141M
- EOY 1,495
- EOY 93rd
- EOY Profit Sharing
- EOY near Steamship Trade Association of Baltimore, Incorporated International Longshoremen's Assoc. Severance and Annuity Plan
- EOY ind #8243
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 New York →
Local Union No. 41 IBEW Annuity Fund in the asset neighbourhood
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $121M |
|---|---|
| Net Assets (End of Year) | $140M |
| Net Income | $20M |
| Employer EIN | 166069938 |
| Plan Effective Date | 1966-11-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Trustees of Local No. 41 IBEW Annuity)
Sponsor-wide plan assets over time
All Trustees of Local No. 41 IBEW Annuity plans reported in each filing year
- Latest sponsor-wide plan assets
- $141M 44.171736081853176% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 1,416 | $98M |
| 2023 | 1 | 1,449 | $121M |
| 2024 | 1 | 1,495 | $141M |
Nearby Profit Sharing Plans in New York
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
- Annuity Plan of the Electrical Industry $2.3B · 18,200
- Annuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIO $2.1B · 3,278
- Annuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIO $1.8B · 5,817
- The Research Foundation for the State University of New York Retirement Plan $1.3B · 9,758
- Rochester Regional Health 403(b) Defined Contribution Plan $987M · 15,432
Local Union No. 41 IBEW Annuity Fund's out-of-state Profit Sharing peers by assets and headcount
Outside New York, the nearest Profit Sharing by assets is Steamship Trade Association of Baltimore, Incorporated International Longshoremen's Assoc. Severance and Annuity Plan in MD ($141M); by covered participants it is Simplicityhr 401(k) Retirement Savings Plan in HI (1,505 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($141M here).
- Steamship Trade Association of Baltimore, Incorporated International Longshoremen's Assoc. Severance and Annuity Plan (MD) $141M · 2,657
- St. Louis-Kansas City Carpenters Regional Annuity (MO) $141M · 17,034
- Munters Corporation 401(k) Plan (MA) $140M · 1,357
- True Companies Employees Profit Sharing Plan (WY) $139M · 773
Similar participant headcount
Nearest other-state filings by covered participants (1,495 participants); asset peers above are excluded.
- Simplicityhr 401(k) Retirement Savings Plan (HI) 1,505 · 10 off
- Steamfitters Surety Fund Local Union No 475 (NJ) 1,484 · 11 off
- Meadville Medical Center Defined Contribution Retirement Plan (PA) 1,483 · 12 off
- Au Health Systems, Inc. 401(a) Retirement Savings Plan (GA) 1,478 · 17 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.