Defined Benefit (Pension) · DOL Form 5500 · 2022

Trustees of IBEW Local No 607 Pension Fund Pension Plan

Data updated 2026-08-25

$17M
Total assets Small plan by assets
152
Participants Small participant base
75th
Percentile by assets National rank
$114,469
Avg per participant Below avg balance/head
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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.

  • #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.

#7,413
in Construction (9,927 peers)
-17.4%
assets change YoY
0.2×
vs typical plan assets (national mean)

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.

IBEW Local Union No 607 Pension's outsized position 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 $2,050,000,000 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 Union No 607 Pension 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 Union No 607 Pension sits mid-pack in the medium band (152 participants).

Published 5500 schedule card

Filing strip 236423158 · Trustees of IBEW Local No 607 Pension Fund PY 2022 · Defined Benefit (Pension)

IBEW Local Union No 607 Pension · $17M · 152 · 75th

  • EOY $17M
  • 5500 152
  • ASSETS 75th
  • PCT Defined Benefit (Pension)
  • EIN near Swiss Valley Farms, Co. Employees' Pension Plan and Trust
  • RANK ind #7413

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 →

IBEW Local Union No 607 Pension in the asset neighbourhood

Performing Arts Center Retirement PlanPerforming Arts Center Retir…$17MSwiss Valley Farms, Co. Employees' Pension Plan and TrustSwiss Valley Farms, Co. Empl…$17MIBEW Local Union No 607 PensionIBEW Local Union No 607 Pens…$17MRetirement Plan for Employees of Bethesda Health Group, Inc.Retirement Plan for Employee…$17MGeorge W. Prescott Publishing Pension PlanGeorge W. Prescott Publishin…$17M
End-of-year total assets ($M) among IBEW Local Union No 607 Pension and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

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)

Sponsor-wide plan assets over time

All Trustees of IBEW Local No 607 Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$23M 30.581455288579278% vs 2022
2024 filing year
$16M$18M$20M$22M$24M 202220232024 $17.4M $22.7M ▲ +30.6%
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 ($B) Participants IBEW Local Union No 607 Pension, Total assets ($B): 0.017399257 · Participants: 152IBEW Local Union No 607 PensionRetirement Plan of Johnson and Johnson, Total assets ($B): 19.833052673 · Participants: 38100Retirement Plan of Johnson and JohnsonJPMorgan Chase Retirement Plan, Total assets ($B): 14.820156855 · Participants: 102340JPMorgan Chase Retirement PlanNokia Retirement Income Plan, Total assets ($B): 14.495801 · Participants: 7413Nokia Retirement Income PlanThe Prudential Merged Retirement Plan, Total assets ($B): 12.277296822 · Participants: 17538The Prudential Merged Retirement PlanVerizon Pension Plan for Associates, Total assets ($B): 10.941506503 · Participants: 25746Verizon Pension Plan for Associates
IBEW Local Union No 607 Pension vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants

IBEW Local Union No 607 Pension's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New Jersey, the nearest Defined Benefit (Pension) by assets is Swiss Valley Farms, Co. Employees' Pension Plan and Trust in IA ($17M); by covered participants it is Boeing North American Retirement Plan in WA (152 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (152 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 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).
Which Defined Benefit (Pension) plans cover a similar participant headcount to IBEW Local Union No 607 Pension? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Boeing North American Retirement Plan in WA (152 participants, $2.5B in assets).