Defined Benefit (Pension) · DOL Form 5500 · 2022

Board of Trustees Iuoe Local 98 Pension Plan Pension Plan

Data updated 2026-08-25

$184M
Total assets Near avg plan size
656
Participants Below avg headcount
95th
Percentile by assets National rank
$280,994
Avg per participant High balance/head
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Official DOL plan name: Iuoe Local 98 Pension Plan · Sponsored by Board of Trustees Iuoe Local 98 Pension Plan · Massachusetts · Construction

$184M in assets, 656 participants

Board of Trustees Iuoe Local 98 Pension Plan's Iuoe Local 98 Pension Plan reported $184M in total assets and 656 participants in its 2022 DOL Form 5500 filing, ranking in the 95th 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.

  • #9,390 in Construction (9,927 peers)

Where Iuoe Local 98 Pension Plan sits by assets

Iuoe Local 98 Pension Plan sits in the top 5% of all filed plans by assets, $184M for 656 participants (~$280,994/participant), down 9.9% in 2022.

#9,390
in Construction (9,927 peers)
-9.9%
assets change YoY
1.8×
vs typical plan assets (national mean)

The plan reported a net loss of $19M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Iuoe Local 98 Pension Plan's outsized position by total assets

Iuoe Local 98 Pension Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$184,331,852 Top 5% higher than 95% of 139,123 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 2022

Iuoe Local 98 Pension Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Iuoe Local 98 Pension Plan sits mid-pack in the medium band (656 participants).

EBSA filing schedule strip

Filing strip 046127765 · Board of Trustees Iuoe Local 98 Pension Plan PY 2022 · Defined Benefit (Pension)

Iuoe Local 98 Pension Plan · $184M · 656 · 95th

  • EBSA $184M
  • EBSA 656
  • EBSA 95th
  • EBSA Defined Benefit (Pension)
  • EBSA near Carmax, Inc. Pension Plan
  • EBSA ind #9390

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 Massachusetts →

Iuoe Local 98 Pension Plan in the asset neighbourhood

University of Virginia Physicians Group Clinicians Supplemental Retirement PlanUniversity of Virginia Physi…$185MOdyssey Reinsurance Company Restated Employees Retirement PlanOdyssey Reinsurance Company …$185MIuoe Local 98 Pension Plan$184MCarmax, Inc. Pension Plan$184MDrummond Company, Inc. Revised Pension PlanDrummond Company, Inc. Revis…$184M
End-of-year total assets ($M) among Iuoe Local 98 Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$205M
Net Assets (End of Year)$183M
Net Income-$19M
Employer EIN046127765
Plan Effective Date1959-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees Iuoe Local 98 Pension Plan)

Sponsor-wide plan assets over time

All Board of Trustees Iuoe Local 98 Pension Plan plans reported in each filing year

Latest sponsor-wide plan assets
$215M 16.87386778927388% vs 2022
2024 filing year
$180M$190M$200M$210M$220M 202220232024 $184M $215M ▲ +16.9%
Year Plans Participants Total Assets
2022 1 656 $184M
2023 1 654 $203M
2024 1 644 $215M

Nearby Defined Benefit (Pension) Plans in Massachusetts

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Iuoe Local 98 Pension Plan vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -20246810 Total assets ($B) Participants Iuoe Local 98 Pension Plan, Total assets ($B): 0.184331852 · Participants: 656Iuoe Local 98 Pension PlanConsolidated Cash Balance Program of Mass General Brigham and Member Organizations, Total assets ($B): 9.07532048 · Participants: 55495Consolidated Cash Balance Program of Mass General Brigham and Member OrganizationsLiberty Mutual Retirement Benefit Plan, Total assets ($B): 6.756596242 · Participants: 33087Liberty Mutual Retirement Benefit PlanMassachusetts Institute of Technology Basic Retirement Plan, Total assets ($B): 5.281152611 · Participants: 11835Massachusetts Institute of Technology Basic Retirement PlanN. Atlantic States Carp. Pension Fund, Total assets ($B): 4.758508912 · Participants: 17323N. Atlantic States Carp. Pension FundN. Atlantic States Carp. Guaranteed Annuity Fund, Total assets ($B): 3.594095954 · Participants: 10962N. Atlantic States Carp. Guaranteed Annuity Fund
Iuoe Local 98 Pension Plan vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants
Compare Iuoe Local 98 Pension Plan side-by-side with 3 peers →

Iuoe Local 98 Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Massachusetts, the nearest Defined Benefit (Pension) by assets is Carmax, Inc. Pension Plan in VA ($184M); by covered participants it is Retirement Plan for Employees of Cullen/Frost Bankers, Inc. & Its Affiliates in TX (656 participants). Same-state nearby plans are listed separately above.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Iuoe Local 98 Pension Plan assets move in 2022? ▼
Iuoe Local 98 Pension Plan pulled back noticeably - down 9.9% during 2022, from $205M to $184M. Reported net income was -$19M.
How have Board of Trustees Iuoe Local 98 Pension Plan plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees Iuoe Local 98 Pension Plan's sponsor-wide assets grew 16.9%, from $184M to $215M.
Where does Iuoe Local 98 Pension Plan rank by assets among Form 5500 filers? ▼
Iuoe Local 98 Pension Plan ranks in the 95th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Iuoe Local 98 Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Carmax, Inc. Pension Plan in VA ($184M, 2,902 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Iuoe Local 98 Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Retirement Plan for Employees of Cullen/Frost Bankers, Inc. & Its Affiliates in TX (656 participants, $158M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 046127765.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.