Money Purchase · DOL Form 5500 · 2022

IBEW Lu # 654 Pension Fund Trustees Money Purchase Plan

Data updated 2026-08-25

$117M
Total assets Near avg plan size
437
Participants Below avg headcount
94th
Percentile by assets National rank
$267,923
Avg per participant High balance/head
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Official DOL plan name: I.B.E.W. Local Union # 654 Defined Contribution Plan · Sponsored by IBEW Lu # 654 Pension Fund Trustees · New Jersey · Construction

$117M in assets, 437 participants

IBEW Lu # 654 Pension Fund Trustees's I.B.E.W. Local Union # 654 Defined Contribution Plan reported $117M in total assets and 437 participants in its 2022 DOL Form 5500 filing, ranking in the 94th 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.

  • #9,166 in Construction (9,927 peers)

Where I.B.E.W. Local Union # 654 Defined Contribution Plan sits by assets

I.B.E.W. Local Union # 654 Defined Contribution Plan sits in the top 10% of all filed plans by assets, $117M for 437 participants (~$267,923/participant), down 13.5% in 2022.

#9,166
in Construction (9,927 peers)
-13.5%
assets change YoY
1.2×
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.

I.B.E.W. Local Union # 654 Defined Contribution Plan's outsized position by total assets

I.B.E.W. Local Union # 654 Defined Contribution Plan vs every filed plan by assets

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

$117,082,389 Top 6% higher than 94% 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

I.B.E.W. Local Union # 654 Defined Contribution 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. I.B.E.W. Local Union # 654 Defined Contribution Plan sits mid-pack in the medium band (437 participants).

DOL schedule card

Filing strip 236538183 · IBEW Lu # 654 Pension Fund Trustees PY 2022 · Money Purchase

I.B.E.W. Local Union # 654 Defined Contribution Plan · $117M · 437 · 94th

  • EOY $117M
  • EOY 437
  • EOY 94th
  • EOY Money Purchase
  • EOY near Central Iowa Carpenters Money Purchase Plan
  • EOY ind #9166

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 New Jersey →

I.B.E.W. Local Union # 654 Defined Contribution Plan in the asset neighbourhood

Defined Contribution Plan for the Employees of the American Institute of PhysicsDefined Contribution Plan fo…$118MI.B.E.W. Local Union # 654 Defined Contribution PlanI.B.E.W. Local Union # 654 D…$117MCentral Iowa Carpenters Money Purchase PlanCentral Iowa Carpenters Mone…$116MMacquarie Management Holdings, Inc. Retirement PlanMacquarie Management Holding…$115MNECA-IBEW 177 Pension Fund$115M
End-of-year total assets ($M) among I.B.E.W. Local Union # 654 Defined Contribution Plan and nearest nationwide Money Purchase peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$135M
Net Assets (End of Year)$117M
Net Income-$18M
Employer EIN236538183
Plan Effective Date1980-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (IBEW Lu # 654 Pension Fund Trustees)

Sponsor-wide plan assets over time

All IBEW Lu # 654 Pension Fund Trustees plans reported in each filing year

Latest sponsor-wide plan assets
$309M 25.598996966367814% vs 2022
2024 filing year
$220M$240M$260M$280M$300M$320M 202220232024 $246M $309M ▲ +25.6%
Year Plans Participants Total Assets
2022 2 845 $246M
2023 2 849 $278M
2024 2 857 $309M

Nearby Money Purchase Plans in New Jersey

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

I.B.E.W. Local Union # 654 Defined Contribution Plan vs. nearby Money Purchase plans in New Jersey, assets vs. participants Scatter plot of 6 data points. 0200040006000 02004006008001000 Total assets ($M) Participants I.B.E.W. Local Union # 654 Defined Contribution Plan, Total assets ($M): 117.082389 · Participants: 437I.B.E.W. Local Union # 654 Defined Contribution PlanLocal 68 Engineers Union Annuity Plan, Total assets ($M): 871.227492 · Participants: 5455Local 68 Engineers Union Annuity PlanNysa-Ila Money Purchase Pension Fund and Plan, Total assets ($M): 658.631098 · Participants: 4255Nysa-Ila Money Purchase Pension Fund and PlanEducational Testing Service 401(a) Retirement Plan, Total assets ($M): 524.999965 · Participants: 3282Educational Testing Service 401(a) Retirement PlanIronworkers Local 11 Annuity Fund, Total assets ($M): 383.856684 · Participants: 1139Ironworkers Local 11 Annuity FundPlumbers & Pipefitters Local 9 Surety Plan, Total assets ($M): 257.331519 · Participants: 1957Plumbers & Pipefitters Local 9 Surety Plan
I.B.E.W. Local Union # 654 Defined Contribution Plan vs. nearby Money Purchase plans in New Jersey, assets vs. participants
Compare I.B.E.W. Local Union # 654 Defined Contribution Plan side-by-side with 3 peers →

I.B.E.W. Local Union # 654 Defined Contribution Plan's out-of-state Money Purchase peers by assets and headcount

Outside New Jersey, the nearest Money Purchase by assets is Central Iowa Carpenters Money Purchase Plan in MN ($116M); by covered participants it is Vista Hill Foundation Money Purchase Pension Plan in CA (437 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (437 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 I.B.E.W. Local Union # 654 Defined Contribution Plan assets move in 2022? ▼
I.B.E.W. Local Union # 654 Defined Contribution Plan pulled back noticeably - down 13.5% during 2022, from $135M to $117M. Reported net income was -$18M.
How have IBEW Lu # 654 Pension Fund Trustees plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), IBEW Lu # 654 Pension Fund Trustees's sponsor-wide assets grew 25.6%, from $246M to $309M.
Where does I.B.E.W. Local Union # 654 Defined Contribution Plan rank by assets among Form 5500 filers? ▼
I.B.E.W. Local Union # 654 Defined Contribution Plan ranks in the 94th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which Money Purchase plans are similar in size to I.B.E.W. Local Union # 654 Defined Contribution Plan? ▼
Among Money Purchase plans in other states, the closest by assets is Central Iowa Carpenters Money Purchase Plan in MN ($116M, 1,984 participants).
Which Money Purchase plans cover a similar participant headcount to I.B.E.W. Local Union # 654 Defined Contribution Plan? ▼
Among Money Purchase plans in other states, the closest by covered participants is Vista Hill Foundation Money Purchase Pension Plan in CA (437 participants, $14M 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 236538183.

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.