Employer · plans filed under one EIN
Board of Trustees Annuity Fund IBEW Local 96
Sparks, MD · Construction
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances.
2 retirement plans with 100 or more participants file Form 5500 under Board of Trustees Annuity Fund IBEW Local 96's employer identification number (Sparks, Maryland). Their latest filings total 1,753 participant records and $178M in net assets.
The largest is Annuity Plan IBEW Local 96, a profit-sharing plan with 930 participants. A person can be counted in more than one plan, so the participant total is a count of records rather than of people.
Employer contributions across the plans were $8.2M and participant contributions $0 in the latest plan years; benefits paid were $10.9M. Schedule C compensation reported to service provider organisations totalled $527K.
Combined net assets moved from $75.5M in 2009 to $178M in 2024 (up 136%). Plan mergers and spin-offs show up here as steps in the series.
Plans
| Plan | Kind | Plan year | Participants | Net assets | Per participant | Employer / active | Sch. C compensation |
|---|---|---|---|---|---|---|---|
| Annuity Plan IBEW Local 96 | profit-sharing plan | 2024 | 930 | $109M | $117,588 | $3,274 | $162K |
| Pension Fund Local 96-IBEW | defined benefit pension plan | 2024 | 823 | $68.7M | $83,459 | $18,518 | $365K |
| US median, plan year 2024: DC plans $53,102 per participant, $2,175 employer contribution per active participant; DB plans $86,221 and $10,244. | |||||||
Trend by plan year
| Plan year | Plans | Participant records | Net assets | Employer contributions | Participant contributions |
|---|---|---|---|---|---|
| 2024 | 2 | 1,753 | $178M | $8.2M | $0 |
| 2023 | 2 | 1,723 | $165M | $7.1M | $0 |
| 2022 | 2 | 1,669 | $155M | $6.2M | $0 |
| 2021 | 2 | 1,598 | $147M | $6.4M | $113K |
| 2020 | 2 | 1,622 | $169M | $6.8M | $5,000 |
| 2019 | 2 | 1,551 | $137M | $5.6M | $0 |
| 2018 | 2 | 1,520 | $130M | $5.3M | $0 |
| 2017 | 2 | 1,537 | $125M | $5.7M | $0 |
| 2016 | 2 | 1,504 | $116M | $5.6M | $0 |
| 2015 | 2 | 1,435 | $105M | $4.7M | $0 |
| 2014 | 2 | 1,447 | $107M | $4.6M | $0 |
| 2013 | 2 | 1,462 | $105M | $4.6M | $0 |
| 2012 | 2 | 1,488 | $94.0M | $4.2M | $0 |
| 2011 | 2 | 1,511 | $86.7M | $5.1M | $0 |
| 2010 | 2 | 1,540 | $84.2M | $4.3M | $0 |
| 2009 | 2 | 1,543 | $75.5M | $3.8M | $0 |
History of the plans listed above, in the years each filed the full Form 5500 with 100 or more participants. Plans that have since terminated are not included.
Service providers
| Organisation | Services reported | Plans | Compensation reported |
|---|---|---|---|
| Zenith American Solutions, Inc. | Recordkeeping and information management; Contract Administrator | 2 | $104,566 |
| Segal Roitman, LLP | Legal | 2 | $68,378 |
| Empower Annuity Insurance Co. | — | 1 | $55,143 |
| Segal Marco Advisors | Investment advisory (plan) | 2 | $51,700 |
| Dana Investment Advisors, Inc. | Investment management | 1 | $41,124 |
| Intercontinental Real Estate Corp. | Investment management | 1 | $39,832 |
| New Tower Trust Company | Trustee (bank, trust company, or similar financial institution); Investment management | 1 | $31,757 |
| The Angell Pension Group, Inc. | Actuarial | 1 | $30,569 |
| Novak Francella LLC | Accounting (including auditing) | 2 | $29,884 |
| Comerica Bank | Custodial (securities) | 1 | $22,647 |
| Ullico Investment Advisors | Investment management | 1 | $19,361 |
| Goldpoint Partners LLC | Investment management | 1 | $16,801 |
| Associated Administrators | Recordkeeping and information management; Contract Administrator | 1 | $8,709 |
| Santander Bank | Recordkeeping and information management | 1 | $6,077 |
Organisations paid $5,000 or more by any of these plans, from Schedule C. Individuals are not shown.
Questions and answers
How many retirement plans does Board of Trustees Annuity Fund IBEW Local 96 have?
2 plans with 100 or more participants filed Form 5500 under its employer identification number for the latest plan years: Annuity Plan IBEW Local 96 and Pension Fund Local 96-IBEW. Smaller plans and plans filed under a subsidiary's number are not grouped here.
How much does Board of Trustees Annuity Fund IBEW Local 96 contribute to its plans?
$8,152,698 in employer contributions across these plans in their latest plan years, about $7,619 per active participant record. Form 5500 reports totals and not the match or accrual formula.
Who provides services to these plans?
Schedule C filings name Zenith American Solutions, Inc., Segal Roitman, LLP, Empower Annuity Insurance Co. and Segal Marco Advisors and others. Only organisations paid $5,000 or more by a plan are listed on Schedule C.
Where does this come from?
Form 5500 annual reports filed with the Department of Labor's EFAST2 system, from the EBSA research files, with filings received through 24 Aug 2026. Figures are as filed and may be amended.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, public domain, with filings received through 24 Aug 2026. Plans are grouped by the sponsor's employer identification number exactly as filed; a company that files under several EINs appears as several employers. See the methodology and corrections.