Defined Benefit (Pension) · DOL Form 5500 · 2022

IBEW Local No. 60 Pension Plan Trust Fund Pension Plan

Data updated 2026-08-25

$72M
Total assets Below avg plan size
1,670
Participants Near avg headcount
91st
Percentile by assets National rank
$43,238
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: IBEW Local No. 60 Pension · Sponsored by IBEW Local No. 60 Pension Plan Trust Fund · New Mexico · Construction

$72M in assets, 1,670 participants

IBEW Local No. 60 Pension Plan Trust Fund's IBEW Local No. 60 Pension reported $72M in total assets and 1,670 participants in its 2022 DOL Form 5500 filing, ranking in the 91st 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.

  • #8,870 in Construction (9,927 peers)

Coverage in New Mexico

IBEW Local No. 60 Pension covers 1,670 participants in New Mexico, 4.6x the typical New Mexico plan (state average ~365 per filing). Assets: $72M.

#8,870
in Construction (9,927 peers)
-15.1%
assets change YoY
0.7×
vs typical plan assets (national mean)

The plan reported a net loss of $13M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

IBEW Local No. 60 Pension's outsized position by total assets

IBEW Local No. 60 Pension vs every filed plan by assets

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

$72,208,188 Top 9% higher than 91% 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 No. 60 Pension'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 No. 60 Pension lands in the large band (1,670 participants).

Form 5500 schedule snapshot

Filing strip 741870479 · IBEW Local No. 60 Pension Plan Trust Fund PY 2022 · Defined Benefit (Pension)

IBEW Local No. 60 Pension · $72M · 1,670 · 91st

  • NET $72M
  • BOOK 1,670
  • VS-ST 91st
  • BOY Defined Benefit (Pension)
  • SCH near Hollingsworth & Vose Company Retirement Plan
  • EBSA ind #8870

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 Mexico →

IBEW Local No. 60 Pension in the asset neighbourhood

Employees' Retirement Plan of S&t BankEmployees' Retirement Plan o…$72MIBEW Local No. 60 Pension$72MHollingsworth & Vose Company Retirement PlanHollingsworth & Vose Company…$72MDivision a Pension Fund$72MColonial Pipeline Company Retirement PlanColonial Pipeline Company Re…$72M
End-of-year total assets ($M) among IBEW Local No. 60 Pension and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

New Mexico filing particulars

Total Assets (Beginning of Year)$85M
Net Assets (End of Year)$72M
Net Income-$13M
Employer EIN741870479
Plan Effective Date1976-04-29
Filing StatusFILING RECEIVED

Sponsor Plan History (IBEW Local No. 60 Pension Plan Trust Fund)

Sponsor-wide plan assets over time

All IBEW Local No. 60 Pension Plan Trust Fund plans reported in each filing year

Latest sponsor-wide plan assets
$97M 34.39972486222754% vs 2022
2024 filing year
$60M$70M$80M$90M$100M 202220232024 $72.2M $97.1M ▲ +34.4%
Year Plans Participants Total Assets
2022 1 1,670 $72M
2023 1 1,491 $84M
2024 1 1,916 $97M

Nearby Defined Benefit (Pension) Plans in New Mexico

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

IBEW Local No. 60 Pension vs. nearby Defined Benefit (Pension) plans in New Mexico, assets vs. participants Scatter plot of 6 data points. 010002000300040005000 -20246 Total assets ($B) Participants IBEW Local No. 60 Pension, Total assets ($B): 0.072208188 · Participants: 1670IBEW Local No. 60 PensionNtess Retirement Income Plan, Total assets ($B): 5.550410353 · Participants: 3901Ntess Retirement Income PlanTriad Defined Benefit Pension Plan, Total assets ($B): 5.428676729 · Participants: 2447Triad Defined Benefit Pension PlanPnm Resources, Inc. Employees' Retirement Plan, Total assets ($B): 0.410671966 · Participants: 221Pnm Resources, Inc. Employees' Retirement PlanPresbyterian Healthcare Services Employees' Pension Plan II, Total assets ($B): 0.236552259 · Participants: 940Presbyterian Healthcare Services Employees' Pension Plan IIWaste Isolation Pilot Plant Pension Plan, Total assets ($B): 0.206892734 · Participants: 869Waste Isolation Pilot Plant Pension Plan
IBEW Local No. 60 Pension vs. nearby Defined Benefit (Pension) plans in New Mexico, assets vs. participants

IBEW Local No. 60 Pension's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New Mexico, the nearest Defined Benefit (Pension) by assets is Hollingsworth & Vose Company Retirement Plan in MA ($72M); by covered participants it is Transit Management of Southeast Louisiana, Inc. Retirement Income Plan in LA (1,673 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($72M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,670 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 No. 60 Pension assets move in 2022? ▼
IBEW Local No. 60 Pension declined sharply - down 15.1% during 2022, from $85M to $72M. Reported net income was -$13M.
How have IBEW Local No. 60 Pension Plan Trust Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), IBEW Local No. 60 Pension Plan Trust Fund's sponsor-wide assets grew 34.4%, from $72M to $97M.
Where does IBEW Local No. 60 Pension rank by assets among Form 5500 filers? ▼
IBEW Local No. 60 Pension ranks in the 91st 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 Defined Benefit (Pension) plans are similar in size to IBEW Local No. 60 Pension? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Hollingsworth & Vose Company Retirement Plan in MA ($72M, 279 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to IBEW Local No. 60 Pension? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Transit Management of Southeast Louisiana, Inc. Retirement Income Plan in LA (1,673 participants, $186M in assets).