Defined Benefit (Pension) · DOL Form 5500 · 2022
IBEW Local No. 60 Pension Plan Trust Fund Pension Plan
Data updated 2026-08-11
- $72M
- Total assets
- 1,670
- Participants
- 91st
- Percentile by assets
- $43,238
- Avg per participant
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.
- 91st percentile by assets (of 139,126 plans)
- #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.
- $72M
- total plan assets (2022 EOY)
- 1,670
- covered participants
- 91st
- percentile by assets (of 139,126 plans)
- $43,238
- avg assets per participant
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.
Participants vs New Mexico filers
In New Mexico, the average filing covers about 365 participants across 466 plans. IBEW Local No. 60 Pension reports 1,670 participants - 4.6x that state average ($72M EOY assets).
New Mexico filing particulars
| Total Assets (Beginning of Year) | $85M |
|---|---|
| Net Assets (End of Year) | $72M |
| Net Income | -$13M |
| Employer EIN | 741870479 |
| Plan Effective Date | 1976-04-29 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (IBEW Local No. 60 Pension Plan Trust Fund)
| 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
- Ntess Retirement Income Plan $5.6B · 3,901
- Triad Defined Benefit Pension Plan $5.4B · 2,447
- Pnm Resources, Inc. Employees' Retirement Plan $411M · 221
- Presbyterian Healthcare Services Employees' Pension Plan II $237M · 940
- Waste Isolation Pilot Plant Pension Plan $207M · 869
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to IBEW Local No. 60 Pension by total assets, not by location.
- Hollingsworth & Vose Company Retirement Plan (MA) $72M · 279
- Employees' Retirement Plan of S&t Bank (PA) $72M · 265
- Division a Pension Fund (NY) $72M · 680
- Colonial Pipeline Company Retirement Plan (GA) $72M · 211
Frequently Asked Questions
How did IBEW Local No. 60 Pension assets move in 2022? ▼
How have IBEW Local No. 60 Pension Plan Trust Fund plan assets changed over time? ▼
Where does IBEW Local No. 60 Pension rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to IBEW Local No. 60 Pension? ▼
Next read for IBEW Local No. 60 Pension
Filing takeaways
Ways to act on IBEW Local No. 60 Pension's numbers.
- By total assets, IBEW Local No. 60 Pension ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in New Mexico. Compare plans
- IBEW Local No. 60 Pension Plan Trust Fund's sponsor-wide assets have grown 34.4% since 2022 across 3 plan years on file. More Construction plans