Defined Benefit (Pension) · DOL Form 5500 · 2022

IBEW Local 1249 Pension Fund Board of Trustees Pension Plan

Data updated 2026-08-25

$486M
Total assets Above avg plan size
2,964
Participants Above avg headcount
98th
Percentile by assets National rank
$164,118
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: IBEW Local 1249 Pension Plan · Sponsored by IBEW Local 1249 Pension Fund Board of Trustees · New York · Construction

$486M in assets, 2,964 participants

IBEW Local 1249 Pension Fund Board of Trustees's IBEW Local 1249 Pension Plan reported $486M in total assets and 2,964 participants in its 2022 DOL Form 5500 filing, ranking in the 98th 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.

  • #9,700 in Construction (9,927 peers)

Coverage in New York

IBEW Local 1249 Pension Plan covers 2,964 participants in New York, 3.7x the typical New York plan (state average ~798 per filing). Assets: $486M.

#9,700
in Construction (9,927 peers)
-2.7%
assets change YoY
4.9×
vs typical plan assets (national mean)

The plan reported a net loss of $14M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

IBEW Local 1249 Pension Plan's outsized position by total assets

IBEW Local 1249 Pension Plan vs every filed plan by assets

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

$486,446,837 Top 2% higher than 98% 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 1249 Pension Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. IBEW Local 1249 Pension Plan lands in the large band (2,964 participants).

Plan-year Form 5500 strip

Filing strip 156035161 · IBEW Local 1249 Pension Fund Board of Trustees PY 2022 · Defined Benefit (Pension)

IBEW Local 1249 Pension Plan · $486M · 2,964 · 98th

  • EIN $486M
  • EIN 2,964
  • EIN 98th
  • EIN Defined Benefit (Pension)
  • EIN near America First Credit Union Pension Plan
  • EIN ind #9700

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 York →

IBEW Local 1249 Pension Plan in the asset neighbourhood

International Brotherhood of Electrical Workers Local Union 98 Pension PlanInternational Brotherhood of…$487MJoint Pension Fund Local Union IBEWJoint Pension Fund Local Uni…$487MAmerica First Credit Union Pension PlanAmerica First Credit Union P…$487MIBEW Local 1249 Pension Plan$486MGeneral Dynamics Retirement Plan (Bath Iron Works)General Dynamics Retirement …$485M
End-of-year total assets ($M) among IBEW Local 1249 Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

New York filing particulars

Total Assets (Beginning of Year)$500M
Net Assets (End of Year)$481M
Net Income-$14M
Employer EIN156035161
Plan Effective Date1962-07-03
Filing StatusFILING RECEIVED

Sponsor Plan History (IBEW Local 1249 Pension Fund Board of Trustees)

Sponsor-wide plan assets over time

All IBEW Local 1249 Pension Fund Board of Trustees plans reported in each filing year

Latest sponsor-wide plan assets
$665M 36.79074657031843% vs 2022
2024 filing year
$400M$500M$600M$700M 202220232024 $486M $665M ▲ +36.8%
Year Plans Participants Total Assets
2022 1 2,964 $486M
2023 1 3,036 $572M
2024 1 3,243 $665M

Nearby Defined Benefit (Pension) Plans in New York

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

IBEW Local 1249 Pension Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants Scatter plot of 6 data points. 05000100001500020000 -100102030 Total assets ($B) Participants IBEW Local 1249 Pension Plan, Total assets ($B): 0.486446837 · Participants: 2964IBEW Local 1249 Pension PlanIBM Personal Pension Plan, Total assets ($B): 25.511753238 · Participants: 16431IBM Personal Pension PlanConsolidated Edison Retirement Plan, Total assets ($B): 15.815266303 · Participants: 11303Consolidated Edison Retirement PlanPepsico Employees Retirement Plan I, Total assets ($B): 7.656963 · Participants: 11386Pepsico Employees Retirement Plan INew York State Nurses Association Pension Plan, Total assets ($B): 5.019503014 · Participants: 18592New York State Nurses Association Pension PlanNew York District Council of Carpenters Pension Pl, Total assets ($B): 4.837058087 · Participants: 11318New York District Council of Carpenters Pension Pl
IBEW Local 1249 Pension Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants

IBEW Local 1249 Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New York, the nearest Defined Benefit (Pension) by assets is America First Credit Union Pension Plan in UT ($487M); by covered participants it is Retirement Plan for Great Dane LLC in IL (2,960 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,964 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 1249 Pension Plan assets move in 2022? ▼
IBEW Local 1249 Pension Plan edged down modestly - down 2.7% during 2022, from $500M to $486M. Reported net income was -$14M.
How have IBEW Local 1249 Pension Fund Board of Trustees plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), IBEW Local 1249 Pension Fund Board of Trustees's sponsor-wide assets grew 36.8%, from $486M to $665M.
Where does IBEW Local 1249 Pension Plan rank by assets among Form 5500 filers? ▼
IBEW Local 1249 Pension Plan ranks in the 98th 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 IBEW Local 1249 Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is America First Credit Union Pension Plan in UT ($487M, 2,406 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to IBEW Local 1249 Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Retirement Plan for Great Dane LLC in IL (2,960 participants, $252M in assets).