Money Purchase · DOL Form 5500 · 2022

Joint Board of Trustees of the IBEW Local 972 Pension Fund Money Purchase Plan

Data updated 2026-08-25

$69M
Total assets Below avg plan size
591
Participants Below avg headcount
90th
Percentile by assets National rank
$116,288
Avg per participant Below avg balance/head
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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.

  • #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.

#7,840
in Finance & Insurance (9,261 peers)
-21.2%
assets change YoY
0.7×
vs typical plan assets (national mean)

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's outsized position by total assets

IBEW Local #972 Pension Plan and Trust vs every filed plan by assets

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

$68,726,137 Top 10% higher than 90% 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 #972 Pension Plan and Trust among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. IBEW Local #972 Pension Plan and Trust sits mid-pack in the medium band (591 participants).

Published 5500 schedule card

Filing strip 310964117 · Joint Board of Trustees of the IBEW Local 972 Pension Fund PY 2022 · Money Purchase

IBEW Local #972 Pension Plan and Trust · $69M · 591 · 90th

  • 5500 $69M
  • ASSETS 591
  • PCT 90th
  • EIN Money Purchase
  • RANK near IBEW Local Union 668 Employees Pension Plan
  • PHOTO ind #7840

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 Finance & Insurance retirement plans → · Plans in Ohio →

IBEW Local #972 Pension Plan and Trust in the asset neighbourhood

Valmet, Inc. Pension Plan and TrustValmet, Inc. Pension Plan an…$69MIBEW Local Union 668 Employees Pension PlanIBEW Local Union 668 Employe…$69MIBEW Local #972 Pension Plan and TrustIBEW Local #972 Pension Plan…$69MUniversity of Louisville Physicians, Inc. Money Purchase Pension PlanUniversity of Louisville Phy…$68MPenn Mutual Agents Retirement PlanPenn Mutual Agents Retiremen…$68M
End-of-year total assets ($M) among IBEW Local #972 Pension Plan and Trust and nearest nationwide Money Purchase peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$87M
Net Assets (End of Year)$69M
Net Income-$18M
Employer EIN310964117
Plan Effective Date1979-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Joint Board of Trustees of the IBEW Local 972 Pension Fund)

Sponsor-wide plan assets over time

All Joint Board of Trustees of the IBEW Local 972 Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$90M 30.670450748599475% vs 2022
2024 filing year
$60M$70M$80M$90M$100M 202220232024 $68.7M $89.8M ▲ +30.7%
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 Scatter plot of 6 data points. -1000001000020000300004000050000 00.511.5 Total assets ($B) Participants IBEW Local #972 Pension Plan and Trust, Total assets ($B): 0.068726137 · Participants: 591IBEW Local #972 Pension Plan and TrustThe Sherwin-Williams Company Salaried Employees' Revised Pension Investment Plan, Total assets ($B): 1.324447859 · Participants: 44824The Sherwin-Williams Company Salaried Employees' Revised Pension Investment PlanThe Cleveland Clinic Foundation Cash Balance Plan, Total assets ($B): 1.178697499 · Participants: 4506The Cleveland Clinic Foundation Cash Balance PlanIron Workers District Council of So Oh & Vicinity Annuity Trust, Total assets ($B): 0.441036559 · Participants: 6972Iron Workers District Council of So Oh & Vicinity Annuity TrustBaker & Hostetler LLP Basic/Step-Rate Retirement Plan, Total assets ($B): 0.415384132 · Participants: 1076Baker & Hostetler LLP Basic/Step-Rate Retirement PlanUniversity of Dayton Defined Contribution Retirement Plan, Total assets ($B): 0.303300519 · Participants: 2818University of Dayton Defined Contribution Retirement Plan
IBEW Local #972 Pension Plan and Trust vs. nearby Money Purchase plans in Ohio, assets vs. participants
Compare IBEW Local #972 Pension Plan and Trust side-by-side with 3 peers →

IBEW Local #972 Pension Plan and Trust's out-of-state Money Purchase peers by assets and headcount

Outside Ohio, the nearest Money Purchase by assets is IBEW Local Union 668 Employees Pension Plan in IN ($69M); by covered participants it is Tecolote Research, Inc. Money Purchase Pension Plan in CA (591 participants). Same-state nearby plans are listed separately above.

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 #972 Pension Plan and Trust assets move in 2022? ▼
IBEW Local #972 Pension Plan and Trust declined sharply - down 21.2% during 2022, from $87M to $69M. Reported net income was -$18M.
How have Joint Board of Trustees of the IBEW Local 972 Pension Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Joint Board of Trustees of the IBEW Local 972 Pension Fund's sponsor-wide assets grew 30.7%, from $69M to $90M.
Where does IBEW Local #972 Pension Plan and Trust rank by assets among Form 5500 filers? ▼
IBEW Local #972 Pension Plan and Trust ranks in the 90th 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 Money Purchase plans are similar in size to IBEW Local #972 Pension Plan and Trust? ▼
Among Money Purchase plans in other states, the closest by assets is IBEW Local Union 668 Employees Pension Plan in IN ($69M, 582 participants).
Which Money Purchase plans cover a similar participant headcount to IBEW Local #972 Pension Plan and Trust? ▼
Among Money Purchase plans in other states, the closest by covered participants is Tecolote Research, Inc. Money Purchase Pension Plan in CA (591 participants, $157M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 310964117.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.