Money Purchase · DOL Form 5500 · 2022

The Board of Trustees of the IBEW Local 968 Pension Fund Money Purchase Plan

Data updated 2026-08-25

$58M
Total assets Below avg plan size
349
Participants Below avg headcount
89th
Percentile by assets National rank
$165,856
Avg per participant Above avg balance/head
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Official DOL plan name: IBEW Local 968 Pension Fund · Sponsored by The Board of Trustees of the IBEW Local 968 Pension Fund · West Virginia · Construction

$58M in assets, 349 participants

The Board of Trustees of the IBEW Local 968 Pension Fund's IBEW Local 968 Pension Fund reported $58M in total assets and 349 participants in its 2022 DOL Form 5500 filing, ranking in the 89th 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.

  • #8,681 in Construction (9,927 peers)

Where IBEW Local 968 Pension Fund sits by assets

IBEW Local 968 Pension Fund sits in the top quartile of all filed plans by assets, $58M for 349 participants (~$165,856/participant), down 23.6% in 2022.

#8,681
in Construction (9,927 peers)
-23.6%
assets change YoY
0.6×
vs typical plan assets (national mean)

The plan reported a net loss of $18M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

IBEW Local 968 Pension Fund's outsized position by total assets

IBEW Local 968 Pension Fund vs every filed plan by assets

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

$57,883,899 Top 11% higher than 89% 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

IBEW Local 968 Pension Fund 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. IBEW Local 968 Pension Fund sits mid-pack in the medium band (349 participants).

DOL schedule card

Filing strip 516106848 · The Board of Trustees of the IBEW Local 968 Pension Fund PY 2022 · Money Purchase

IBEW Local 968 Pension Fund · $58M · 349 · 89th

  • PCT $58M
  • EIN 349
  • RANK 89th
  • PHOTO Money Purchase
  • IND near International Brotherhood of Electrical Workers Local Union 873 Retirement Plan and Trust
  • EOY ind #8681

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 West Virginia →

IBEW Local 968 Pension Fund in the asset neighbourhood

Epstein Becker & Green, P.C. Target Benefit PlanEpstein Becker & Green, P.C.…$58MInternational Brotherhood of Electrical Workers Local Union 873 Retirement Plan and TrustInternational Brotherhood of…$58MIBEW Local 968 Pension Fund$58MDechert LLP Pension Plan No. 2 for PartnersDechert LLP Pension Plan No.…$58MUnity Health Retirement Plan$57M
End-of-year total assets ($M) among IBEW Local 968 Pension Fund and nearest nationwide Money Purchase peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$76M
Net Assets (End of Year)$58M
Net Income-$18M
Employer EIN516106848
Plan Effective Date1970-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Board of Trustees of the IBEW Local 968 Pension Fund)

Sponsor-wide plan assets over time

All The Board of Trustees of the IBEW Local 968 Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$73M 26.45231275799165% vs 2022
2024 filing year
$55M$60M$65M$70M$75M 202220232024 $57.9M $73.2M ▲ +26.5%
Year Plans Participants Total Assets
2022 1 349 $58M
2023 1 350 $68M
2024 1 355 $73M

Nearby Money Purchase Plans in West Virginia

Peer Money Purchase plans, same state, same plan type, ranked by total assets.

IBEW Local 968 Pension Fund vs. nearby Money Purchase plans in West Virginia, assets vs. participants Scatter plot of 6 data points. 01000200030004000 0100200300400 Total assets ($M) Participants IBEW Local 968 Pension Fund, Total assets ($M): 57.883899 · Participants: 349IBEW Local 968 Pension FundWest Virginia University Medical Corporation Retirement Plan, Total assets ($M): 288.022839 · Participants: 1697West Virginia University Medical Corporation Retirement PlanUniversity Physicians & Surgeons, Inc. 401(a) Tiaa-Cref Retirement Plan, Total assets ($M): 80.087756 · Participants: 1376University Physicians & Surgeons, Inc. 401(a) Tiaa-Cref Retirement PlanPlumbers & Pipefitters Local 152 Retirement Annuit, Total assets ($M): 63.034799 · Participants: 3241Plumbers & Pipefitters Local 152 Retirement AnnuitWest Virginia University Medical Corp. Charleston Division Retirement Plan, Total assets ($M): 50.751453 · Participants: 236West Virginia University Medical Corp. Charleston Division Retirement PlanPlumbers & Steamfitters Local 565 Pension Plan, Total assets ($M): 28.223568 · Participants: 538Plumbers & Steamfitters Local 565 Pension Plan
IBEW Local 968 Pension Fund vs. nearby Money Purchase plans in West Virginia, assets vs. participants
Compare IBEW Local 968 Pension Fund side-by-side with 3 peers →

IBEW Local 968 Pension Fund's out-of-state Money Purchase peers by assets and headcount

Outside West Virginia, the nearest Money Purchase by assets is International Brotherhood of Electrical Workers Local Union 873 Retirement Plan and Trust in IN ($58M); by covered participants it is National Democratic Institute for International Affairs Money Purchase Pension Plan in DC (348 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (349 participants); asset peers above are excluded.

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 IBEW Local 968 Pension Fund assets move in 2022? ▼
IBEW Local 968 Pension Fund declined sharply - down 23.6% during 2022, from $76M to $58M. Reported net income was -$18M.
How have The Board of Trustees of the IBEW Local 968 Pension Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The Board of Trustees of the IBEW Local 968 Pension Fund's sponsor-wide assets grew 26.5%, from $58M to $73M.
Where does IBEW Local 968 Pension Fund rank by assets among Form 5500 filers? ▼
IBEW Local 968 Pension Fund ranks in the 89th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which Money Purchase plans are similar in size to IBEW Local 968 Pension Fund? ▼
Among Money Purchase plans in other states, the closest by assets is International Brotherhood of Electrical Workers Local Union 873 Retirement Plan and Trust in IN ($58M, 523 participants).
Which Money Purchase plans cover a similar participant headcount to IBEW Local 968 Pension Fund? ▼
Among Money Purchase plans in other states, the closest by covered participants is National Democratic Institute for International Affairs Money Purchase Pension Plan in DC (348 participants, $46M 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 516106848.

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.