Defined Benefit (Pension) · DOL Form 5500 · 2022
Trustees of Local 697 I.B.E.W. & Elect Industry Pension Fund Pension Plan
Data updated 2026-08-11
- $209M
- Total assets
- 738
- Participants
- 96th
- Percentile by assets
- $283,200
- Avg per participant
Official DOL plan name: Local 697 I.B.E.W. and Electrical Industry Pension Plan · Sponsored by Trustees of Local 697 I.B.E.W. & Elect Industry Pension Fund · Indiana · Construction
$209M in assets, 738 participants
Trustees of Local 697 I.B.E.W. & Elect Industry Pension Fund's Local 697 I.B.E.W. and Electrical Industry Pension Plan reported $209M in total assets and 738 participants in its 2022 DOL Form 5500 filing, ranking in the 96th 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.
- 96th percentile by assets (of 139,126 plans)
- #9,436 in Construction (9,927 peers)
Where Local 697 I.B.E.W. and Electrical Industry Pension Plan sits by assets
Local 697 I.B.E.W. and Electrical Industry Pension Plan sits in the top 5% of all filed plans by assets, $209M for 738 participants (~$283,200/participant), down 15.3% in 2022.
- $209M
- total plan assets (2022 EOY)
- 738
- covered participants
- 96th
- percentile by assets (of 139,126 plans)
- $283,200
- avg assets per participant
The plan reported a net loss of $38M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Local 697 I.B.E.W. and Electrical Industry Pension Plan vs the 2022 asset distribution
By assets, Local 697 I.B.E.W. and Electrical Industry Pension Plan outranks 96% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 2.1x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $247M |
|---|---|
| Net Assets (End of Year) | $209M |
| Net Income | -$38M |
| Employer EIN | 516133048 |
| Plan Effective Date | 1964-09-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Trustees of Local 697 I.B.E.W. & Elect Industry Pension Fund)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 738 | $209M |
| 2023 | 1 | 855 | $228M |
| 2024 | 1 | 876 | $246M |
Nearby Defined Benefit (Pension) Plans in Indiana
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Local 697 I.B.E.W. and Electrical Industry Pension Plan vs. nearby Defined Benefit (Pension) plans in Indiana, assets vs. participants
- The Lilly Retirement Plan $11.2B · 16,878
- Cummins Pension Plan $3.2B · 24,119
- Indiana Laborers Pension Fund $1.5B · 9,896
- Elevance Health Cash Balance Plan a $1.2B · 8,650
- Nisource Pension Plan $1.1B · 2,283
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Local 697 I.B.E.W. and Electrical Industry Pension Plan by total assets, not by location.
- Avantor Pension Plan (PA) $209M · 2,374
- Swedish Match North America Retirement Plan (VA) $209M · 290
- Osram Sylvania Pension Plan (NH) $209M · 325
- Park National Corporation Defined Benefit Pension Plan (OH) $209M · 1,406
Frequently Asked Questions
How did Local 697 I.B.E.W. and Electrical Industry Pension Plan assets move in 2022? ▼
How have Trustees of Local 697 I.B.E.W. & Elect Industry Pension Fund plan assets changed over time? ▼
Where does Local 697 I.B.E.W. and Electrical Industry Pension Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Local 697 I.B.E.W. and Electrical Industry Pension Plan? ▼
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Ways to act on Local 697 I.B.E.W. and Electrical Industry Pension Plan's numbers.
- By total assets, Local 697 I.B.E.W. and Electrical Industry Pension Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Indiana. Compare plans
- Trustees of Local 697 I.B.E.W. & Elect Industry Pension Fund's sponsor-wide assets have grown 17.9% since 2022 across 3 plan years on file. More Construction plans