Defined Benefit (Pension) · DOL Form 5500 · 2022
Joint Pension Fund Local Union 164 IBEW Pension Plan
Data updated 2026-08-11
- $487M
- Total assets
- 2,247
- Participants
- 98th
- Percentile by assets
- $216,675
- Avg per participant
Official DOL plan name: Joint Pension Fund Local Union IBEW · Sponsored by Joint Pension Fund Local Union 164 IBEW · New Jersey · Construction
$487M in assets, 2,247 participants
Joint Pension Fund Local Union 164 IBEW's Joint Pension Fund Local Union IBEW reported $487M in total assets and 2,247 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.
- 98th percentile by assets (of 139,126 plans)
- #9,702 in Construction (9,927 peers)
Coverage in New Jersey
Joint Pension Fund Local Union IBEW covers 2,247 participants in New Jersey, 2.7x the typical New Jersey plan (state average ~844 per filing). Assets: $487M.
- $487M
- total plan assets (2022 EOY)
- 2,247
- covered participants
- 98th
- percentile by assets (of 139,126 plans)
- $216,675
- avg assets per participant
The plan reported a net loss of $99M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs New Jersey filers
In New Jersey, the average filing covers about 844 participants across 4,145 plans. Joint Pension Fund Local Union IBEW reports 2,247 participants - 2.7x that state average ($487M EOY assets).
New Jersey filing particulars
| Total Assets (Beginning of Year) | $586M |
|---|---|
| Net Assets (End of Year) | $486M |
| Net Income | -$99M |
| Employer EIN | 226031199 |
| Plan Effective Date | 1954-04-13 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Joint Pension Fund Local Union 164 IBEW)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 2,247 | $487M |
| 2023 | 1 | 2,149 | $552M |
| 2024 | 1 | 2,072 | $599M |
Nearby Defined Benefit (Pension) Plans in New Jersey
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Joint Pension Fund Local Union IBEW vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants
- Retirement Plan of Johnson and Johnson $19.8B · 38,100
- JPMorgan Chase Retirement Plan $14.8B · 102,340
- Nokia Retirement Income Plan $14.5B · 7,413
- The Prudential Merged Retirement Plan $12.3B · 17,538
- Verizon Pension Plan for Associates $10.9B · 25,746
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Joint Pension Fund Local Union IBEW by total assets, not by location.
- America First Credit Union Pension Plan (UT) $487M · 2,406
- IBEW Local 1249 Pension Plan (NY) $486M · 2,964
- International Brotherhood of Electrical Workers Local Union 98 Pension Plan (PA) $487M · 2,548
- Haworth Pension Plan (MI) $488M · 821
Frequently Asked Questions
How did Joint Pension Fund Local Union IBEW assets move in 2022? ▼
How have Joint Pension Fund Local Union 164 IBEW plan assets changed over time? ▼
Where does Joint Pension Fund Local Union IBEW rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Joint Pension Fund Local Union IBEW? ▼
Next read for Joint Pension Fund Local Union IBEW
Filing takeaways
Ways to act on Joint Pension Fund Local Union IBEW's numbers.
- By total assets, Joint Pension Fund Local Union IBEW ranks in the top 5% 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
- Joint Pension Fund Local Union 164 IBEW's sponsor-wide assets have grown 23.1% since 2022 across 3 plan years on file. More Construction plans