Defined Benefit (Pension) · DOL Form 5500 · 2022

Trustees of IBEW Local No 607 Pension Fund Pension Plan

Data updated 2026-08-11

$17M
Total assets
152
Participants
75th
Percentile by assets
$114,469
Avg per participant
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Official DOL plan name: IBEW Local Union No 607 Pension · Sponsored by Trustees of IBEW Local No 607 Pension Fund · New Jersey · Construction

$17M in assets, 152 participants

Trustees of IBEW Local No 607 Pension Fund's IBEW Local Union No 607 Pension reported $17M in total assets and 152 participants in its 2022 DOL Form 5500 filing, ranking in the 75th 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.

  • 75th percentile by assets (of 139,126 plans)
  • #7,413 in Construction (9,927 peers)

Coverage in New Jersey

IBEW Local Union No 607 Pension covers 152 participants in New Jersey, about 18% of the average New Jersey filer (state average ~844 per filing). Assets: $17M.

$17M
total plan assets (2022 EOY)
152
covered participants
75th
percentile by assets (of 139,126 plans)
$114,469
avg assets per participant

The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where IBEW Local Union No 607 Pension sits by total assets

IBEW Local Union No 607 Pension vs every filed plan by assets

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

$17,399,257 Top 25% higher than 75% of 139,123 filed plans

This plan $0 $2,010,000,000 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

State
New Jersey
Industry
Construction

Participants vs New Jersey filers

In New Jersey, the average filing covers about 844 participants across 4,145 plans. IBEW Local Union No 607 Pension reports 152 participants - about 18% of that state average ($17M EOY assets).

New Jersey filing particulars

Total Assets (Beginning of Year)$21M
Net Assets (End of Year)$17M
Net Income-$4M
Employer EIN236423158
Plan Effective Date1963-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Trustees of IBEW Local No 607 Pension Fund)

$16M$18M$20M$22M$24M 202220232024 $17.4M $22.7M ▲ +30.6%
Total plan assets by year, all Trustees of IBEW Local No 607 Pension Fund plans on file
Year Plans Participants Total Assets
2022 1 152 $17M
2023 1 161 $20M
2024 1 153 $23M

Nearby Defined Benefit (Pension) Plans in New Jersey

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

IBEW Local Union No 607 Pension vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -50510152025 Total assets ($B) Participants IBEW Local Union No …, Total assets ($B): 0.017399257 · Participants: 152IBEW Local Union No …Retirement Plan of J…, Total assets ($B): 19.833052673 · Participants: 38100Retirement Plan of J…JPMorgan Chase Retir…, Total assets ($B): 14.820156855 · Participants: 102340JPMorgan Chase Retir…Nokia Retirement Inc…, Total assets ($B): 14.495801 · Participants: 7413Nokia Retirement Inc…The Prudential Merge…, Total assets ($B): 12.277296822 · Participants: 17538The Prudential Merge…Verizon Pension Plan…, Total assets ($B): 10.941506503 · Participants: 25746Verizon Pension Plan…
IBEW Local Union No 607 Pension vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants
Compare IBEW Local Union No 607 Pension side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to IBEW Local Union No 607 Pension by total assets, not by location.

Frequently Asked Questions

How did IBEW Local Union No 607 Pension assets move in 2022? ▼
IBEW Local Union No 607 Pension declined sharply - down 17.4% during 2022, from $21M to $17M. Reported net income was -$4M.
How have Trustees of IBEW Local No 607 Pension Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Trustees of IBEW Local No 607 Pension Fund's sponsor-wide assets grew 30.6%, from $17M to $23M.
Where does IBEW Local Union No 607 Pension rank by assets among Form 5500 filers? ▼
IBEW Local Union No 607 Pension ranks in the 75th 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 Union No 607 Pension? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Swiss Valley Farms, Co. Employees' Pension Plan and Trust in IA ($17M, 33 participants).

Next read for IBEW Local Union No 607 Pension

Filing takeaways

Ways to act on IBEW Local Union No 607 Pension's numbers.

  • By total assets, IBEW Local Union No 607 Pension ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in New Jersey. Compare plans
  • Trustees of IBEW Local No 607 Pension Fund's sponsor-wide assets have grown 30.6% since 2022 across 3 plan years on file. More Construction plans

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 236423158.

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.