Defined Benefit (Pension) · DOL Form 5500 · 2022

Trustees of IBEW Local No. 573 Pension Plan Pension Plan

Data updated 2026-08-25

$51M
Total assets Below avg plan size
257
Participants Below avg headcount
88th
Percentile by assets National rank
$198,141
Avg per participant Above avg balance/head
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Official DOL plan name: IBEW Local 573 Pension Plan · Sponsored by Trustees of IBEW Local No. 573 Pension Plan · Ohio · Construction

$51M in assets, 257 participants

Trustees of IBEW Local No. 573 Pension Plan's IBEW Local 573 Pension Plan reported $51M in total assets and 257 participants in its 2022 DOL Form 5500 filing, ranking in the 88th 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.

  • #8,588 in Construction (9,927 peers)

Coverage in Ohio

IBEW Local 573 Pension Plan covers 257 participants in Ohio, about 34% of the average Ohio filer (state average ~765 per filing). Assets: $51M.

#8,588
in Construction (9,927 peers)
-11.6%
assets change YoY
0.5×
vs typical plan assets (national mean)

The plan reported a net loss of $6M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

IBEW Local 573 Pension Plan's outsized position by total assets

IBEW Local 573 Pension Plan vs every filed plan by assets

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

$50,922,256 Top 12% higher than 88% 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 573 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. IBEW Local 573 Pension Plan sits mid-pack in the medium band (257 participants).

Plan-year Form 5500 strip

Filing strip 346570323 · Trustees of IBEW Local No. 573 Pension Plan PY 2022 · Defined Benefit (Pension)

IBEW Local 573 Pension Plan · $51M · 257 · 88th

  • PART $51M
  • PART 257
  • PART 88th
  • PART Defined Benefit (Pension)
  • PART near Calgon Carbon Corporation Pension Plan for Hourly-Rated Employees Big Sandy Plant
  • PART ind #8588

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 Ohio →

IBEW Local 573 Pension Plan in the asset neighbourhood

Mechanical Contractors Ua Local 119 Pension PlanMechanical Contractors Ua Lo…$51MIBEW Local 573 Pension Plan$51MCalgon Carbon Corporation Pension Plan for Hourly-Rated Employees Big Sandy PlantCalgon Carbon Corporation Pe…$51MLaw Companies Group, Inc. Pension PlanLaw Companies Group, Inc. Pe…$51MRetirement Plan of the Tennessee Farm Bureau FederRetirement Plan of the Tenne…$51M
End-of-year total assets ($M) among IBEW Local 573 Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Ohio filing particulars

Total Assets (Beginning of Year)$58M
Net Assets (End of Year)$51M
Net Income-$6M
Employer EIN346570323
Plan Effective Date1964-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Trustees of IBEW Local No. 573 Pension Plan)

Sponsor-wide plan assets over time

All Trustees of IBEW Local No. 573 Pension Plan plans reported in each filing year

Latest sponsor-wide plan assets
$61M 20.254729091342693% vs 2022
2024 filing year
$45M$50M$55M$60M$65M 202220232024 $50.9M $61.2M ▲ +20.3%
Year Plans Participants Total Assets
2022 1 257 $51M
2023 1 308 $56M
2024 1 267 $61M

Nearby Defined Benefit (Pension) Plans in Ohio

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

IBEW Local 573 Pension Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 -202468 Total assets ($B) Participants IBEW Local 573 Pension Plan, Total assets ($B): 0.050922256 · Participants: 257IBEW Local 573 Pension PlanFirstenergy Corp. Master Pension Plan, Total assets ($B): 7.559275463 · Participants: 12346Firstenergy Corp. Master Pension PlanNationwide Retirement Plan, Total assets ($B): 5.017579718 · Participants: 22597Nationwide Retirement PlanAmerican Electric Power System Retirement Plan, Total assets ($B): 4.498685298 · Participants: 15837American Electric Power System Retirement PlanOhio Operating Engineers Pension Plan, Total assets ($B): 3.394372488 · Participants: 9749Ohio Operating Engineers Pension PlanLaborers District Council & Contractors Pension Fund of Ohio, Total assets ($B): 2.645337912 · Participants: 13583Laborers District Council & Contractors Pension Fund of Ohio
IBEW Local 573 Pension Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants

IBEW Local 573 Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Ohio, the nearest Defined Benefit (Pension) by assets is Calgon Carbon Corporation Pension Plan for Hourly-Rated Employees Big Sandy Plant in PA ($51M); by covered participants it is Pillsbury Winthrop Shaw Pittman LLP Cash Balance Plan No. 2 in CA (257 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (257 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 573 Pension Plan assets move in 2022?
IBEW Local 573 Pension Plan pulled back noticeably - down 11.6% during 2022, from $58M to $51M. Reported net income was -$6M.
How have Trustees of IBEW Local No. 573 Pension Plan plan assets changed over time?
Across 3 plan years on file (2022-2024), Trustees of IBEW Local No. 573 Pension Plan's sponsor-wide assets grew 20.3%, from $51M to $61M.
Where does IBEW Local 573 Pension Plan rank by assets among Form 5500 filers?
IBEW Local 573 Pension Plan ranks in the 88th 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 Defined Benefit (Pension) plans are similar in size to IBEW Local 573 Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Calgon Carbon Corporation Pension Plan for Hourly-Rated Employees Big Sandy Plant in PA ($51M, 75 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to IBEW Local 573 Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Pillsbury Winthrop Shaw Pittman LLP Cash Balance Plan No. 2 in CA (257 participants, $39M in assets).