Money Purchase · DOL Form 5500 · 2022
Joint Board of Trustees of the IBEW Local 972 Pension Fund Money Purchase Plan
Data updated 2026-08-11
- $69M
- Total assets
- 591
- Participants
- 90th
- Percentile by assets
- $116,288
- Avg per participant
Official DOL plan name: IBEW Local #972 Pension Plan and Trust · Sponsored by Joint Board of Trustees of the IBEW Local 972 Pension Fund · Ohio · Finance & Insurance
$69M in assets, 591 participants
Joint Board of Trustees of the IBEW Local 972 Pension Fund's IBEW Local #972 Pension Plan and Trust reported $69M in total assets and 591 participants in its 2022 DOL Form 5500 filing, ranking in the 90th 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.
- 90th percentile by assets (of 139,126 plans)
- #7,840 in Finance & Insurance (9,261 peers)
Where IBEW Local #972 Pension Plan and Trust sits by assets
IBEW Local #972 Pension Plan and Trust sits in the top 10% of all filed plans by assets, $69M for 591 participants (~$116,288/participant), down 21.2% in 2022.
- $69M
- total plan assets (2022 EOY)
- 591
- covered participants
- 90th
- percentile by assets (of 139,126 plans)
- $116,288
- avg assets per participant
The plan reported a net loss of $18M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
IBEW Local #972 Pension Plan and Trust vs the 2022 asset distribution
By assets, IBEW Local #972 Pension Plan and Trust outranks 90% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.7x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $87M |
|---|---|
| Net Assets (End of Year) | $69M |
| Net Income | -$18M |
| Employer EIN | 310964117 |
| Plan Effective Date | 1979-06-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Joint Board of Trustees of the IBEW Local 972 Pension Fund)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 591 | $69M |
| 2023 | 1 | 595 | $82M |
| 2024 | 1 | 594 | $90M |
Nearby Money Purchase Plans in Ohio
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
IBEW Local #972 Pension Plan and Trust vs. nearby Money Purchase plans in Ohio, assets vs. participants
- The Sherwin-Williams Company Salaried Employees' Revised Pension Investment Plan $1.3B · 44,824
- The Cleveland Clinic Foundation Cash Balance Plan $1.2B · 4,506
- Iron Workers District Council of So Oh & Vicinity Annuity Trust $441M · 6,972
- Baker & Hostetler LLP Basic/Step-Rate Retirement Plan $415M · 1,076
- University of Dayton Defined Contribution Retirement Plan $303M · 2,818
Similar-Sized Money Purchase Plans Nationally
Money Purchase plans in other states closest to IBEW Local #972 Pension Plan and Trust by total assets, not by location.
- IBEW Local Union 668 Employees Pension Plan (IN) $69M · 582
- Valmet, Inc. Pension Plan and Trust (GA) $69M · 1,455
- University of Louisville Physicians, Inc. Money Purchase Pension Plan (KY) $68M · 467
- Penn Mutual Agents Retirement Plan (PA) $68M · 502
Frequently Asked Questions
How did IBEW Local #972 Pension Plan and Trust assets move in 2022? ▼
How have Joint Board of Trustees of the IBEW Local 972 Pension Fund plan assets changed over time? ▼
Where does IBEW Local #972 Pension Plan and Trust rank by assets among Form 5500 filers? ▼
Which Money Purchase plans are similar in size to IBEW Local #972 Pension Plan and Trust? ▼
Next read for IBEW Local #972 Pension Plan and Trust
Scale reading
Ways to act on IBEW Local #972 Pension Plan and Trust's numbers.
- By total assets, IBEW Local #972 Pension Plan and Trust ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Money Purchase plans in Ohio. Compare plans
- Joint Board of Trustees of the IBEW Local 972 Pension Fund's sponsor-wide assets have grown 30.7% since 2022 across 3 plan years on file. More Finance & Insurance plans