Defined Benefit (Pension) · DOL Form 5500 · 2022

Trustees of Local 697 I.B.E.W. & Elect Industry Pension Fund Pension Plan

Data updated 2026-08-25

$209M
Total assets Near avg plan size
738
Participants Near avg headcount
96th
Percentile by assets National rank
$283,200
Avg per participant High balance/head
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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.

  • #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.

#9,436
in Construction (9,927 peers)
-15.3%
assets change YoY
2.1×
vs typical plan assets (national mean)

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's outsized position by total assets

Local 697 I.B.E.W. and Electrical Industry Pension Plan vs every filed plan by assets

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

$209,001,712 Top 4% higher than 96% 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

Local 697 I.B.E.W. and Electrical Industry 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. Local 697 I.B.E.W. and Electrical Industry Pension Plan sits mid-pack in the medium band (738 participants).

EBSA filing schedule strip

Filing strip 516133048 · Trustees of Local 697 I.B.E.W. & Elect Industry Pension Fund PY 2022 · Defined Benefit (Pension)

Local 697 I.B.E.W. and Electrical Industry Pension Plan · $209M · 738 · 96th

  • VS-ST $209M
  • BOY 738
  • SCH 96th
  • EBSA Defined Benefit (Pension)
  • PART near Avantor Pension Plan
  • TYPE ind #9436

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 Indiana →

Local 697 I.B.E.W. and Electrical Industry Pension Plan in the asset neighbourhood

Osram Sylvania Pension Plan$209MLocal 697 I.B.E.W. and Electrical Industry Pension PlanLocal 697 I.B.E.W. and Elect…$209MAvantor Pension Plan$209MSwedish Match North America Retirement PlanSwedish Match North America …$209MPark National Corporation Defined Benefit Pension PlanPark National Corporation De…$209M
End-of-year total assets ($M) among Local 697 I.B.E.W. and Electrical Industry 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)$247M
Net Assets (End of Year)$209M
Net Income-$38M
Employer EIN516133048
Plan Effective Date1964-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Trustees of Local 697 I.B.E.W. & Elect Industry Pension Fund)

Sponsor-wide plan assets over time

All Trustees of Local 697 I.B.E.W. & Elect Industry Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$246M 17.925788569617076% vs 2022
2024 filing year
$200M$220M$240M$260M 202220232024 $209M $246M ▲ +17.9%
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 Scatter plot of 6 data points. -100000100002000030000 -5051015 Total assets ($B) Participants Local 697 I.B.E.W. and Electrical Industry Pension Plan, Total assets ($B): 0.209001712 · Participants: 738Local 697 I.B.E.W. and Electrical Industry Pension PlanThe Lilly Retirement Plan, Total assets ($B): 11.231261789 · Participants: 16878The Lilly Retirement PlanCummins Pension Plan, Total assets ($B): 3.227971207 · Participants: 24119Cummins Pension PlanIndiana Laborers Pension Fund, Total assets ($B): 1.488495807 · Participants: 9896Indiana Laborers Pension FundElevance Health Cash Balance Plan a, Total assets ($B): 1.222287988 · Participants: 8650Elevance Health Cash Balance Plan aNisource Pension Plan, Total assets ($B): 1.05154978 · Participants: 2283Nisource Pension Plan
Local 697 I.B.E.W. and Electrical Industry Pension Plan vs. nearby Defined Benefit (Pension) plans in Indiana, assets vs. participants
Compare Local 697 I.B.E.W. and Electrical Industry Pension Plan side-by-side with 3 peers →

Local 697 I.B.E.W. and Electrical Industry Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Indiana, the nearest Defined Benefit (Pension) by assets is Avantor Pension Plan in PA ($209M); by covered participants it is Chicago Tile Institute Pension Fund in IL (738 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($209M here).

Similar participant headcount

Nearest other-state filings by covered participants (738 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 Local 697 I.B.E.W. and Electrical Industry Pension Plan assets move in 2022? ▼
Local 697 I.B.E.W. and Electrical Industry Pension Plan declined sharply - down 15.3% during 2022, from $247M to $209M. Reported net income was -$38M.
How have Trustees of Local 697 I.B.E.W. & Elect Industry Pension Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Trustees of Local 697 I.B.E.W. & Elect Industry Pension Fund's sponsor-wide assets grew 17.9%, from $209M to $246M.
Where does Local 697 I.B.E.W. and Electrical Industry Pension Plan rank by assets among Form 5500 filers? ▼
Local 697 I.B.E.W. and Electrical Industry Pension Plan ranks in the 96th 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 Local 697 I.B.E.W. and Electrical Industry Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Avantor Pension Plan in PA ($209M, 2,374 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Local 697 I.B.E.W. and Electrical Industry Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Chicago Tile Institute Pension Fund in IL (738 participants, $137M 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 516133048.

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.