Other · DOL Form 5500 · 2022

Joint Board of Trustees of IBEW Local 596 Pension Fund Retirement Plan

Data updated 2026-08-25

$68M
Total assets Below avg plan size
518
Participants Below avg headcount
90th
Percentile by assets National rank
$131,018
Avg per participant Near avg balance/head
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Official DOL plan name: IBEW Local 596 Pension Fund · Sponsored by Joint Board of Trustees of IBEW Local 596 Pension Fund · West Virginia · Construction

$68M in assets, 518 participants

Joint Board of Trustees of IBEW Local 596 Pension Fund's IBEW Local 596 Pension Fund reported $68M in total assets and 518 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.

  • #8,812 in Construction (9,927 peers)

Where IBEW Local 596 Pension Fund sits by assets

IBEW Local 596 Pension Fund sits in the top 10% of all filed plans by assets, $68M for 518 participants (~$131,018/participant), down 16.0% in 2022.

#8,812
in Construction (9,927 peers)
-16.0%
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 596 Pension Fund's outsized position by total assets

IBEW Local 596 Pension Fund vs every filed plan by assets

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

$67,867,557 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 596 Pension Fund 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 596 Pension Fund sits mid-pack in the medium band (518 participants).

DOL schedule card

Filing strip 550675342 · Joint Board of Trustees of IBEW Local 596 Pension Fund PY 2022 · Other

IBEW Local 596 Pension Fund · $68M · 518 · 90th

  • BOY $68M
  • SCH 518
  • EBSA 90th
  • PART Other
  • TYPE near Ecri Institute Defined Contribution Retirement Plan
  • NET ind #8812

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 West Virginia →

IBEW Local 596 Pension Fund in the asset neighbourhood

American Council on Education 403(b) Retirement PlanAmerican Council on Educatio…$68MHamot Health Foundation Employee Tax-Deferred Savings PlanHamot Health Foundation Empl…$68MSt. Marks School of Texas Matching PlanSt. Marks School of Texas Ma…$68MIBEW Local 596 Pension Fund$68MEcri Institute Defined Contribution Retirement PlanEcri Institute Defined Contr…$68M
End-of-year total assets ($M) among IBEW Local 596 Pension Fund and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$81M
Net Assets (End of Year)$68M
Net Income-$13M
Employer EIN550675342
Plan Effective Date1979-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Joint Board of Trustees of IBEW Local 596 Pension Fund)

Sponsor-wide plan assets over time

All Joint Board of Trustees of IBEW Local 596 Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$86M 26.878244637566667% vs 2022
2024 filing year
$60M$70M$80M$90M 202220232024 $67.9M $86.1M ▲ +26.9%
Year Plans Participants Total Assets
2022 1 518 $68M
2023 1 506 $78M
2024 1 515 $86M

Nearby Other Plans in West Virginia

Peer Other plans, same state, same plan type, ranked by total assets.

IBEW Local 596 Pension Fund vs. nearby Other plans in West Virginia, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 020040060080010001200 Total assets ($M) Participants IBEW Local 596 Pension Fund, Total assets ($M): 67.867557 · Participants: 518IBEW Local 596 Pension FundWest Virginia University Health System 403(b) Retirement Savings Plan, Total assets ($M): 960.157433 · Participants: 18993West Virginia University Health System 403(b) Retirement Savings PlanWest Virginia University Medical Corporation 403(b) Plan, Total assets ($M): 228.999095 · Participants: 1686West Virginia University Medical Corporation 403(b) PlanLocal Union 317 Electrical Pension Plan, Total assets ($M): 140.039226 · Participants: 746Local Union 317 Electrical Pension PlanMonongalia Health System Retirement and Savings Plan, Total assets ($M): 135.249695 · Participants: 2865Monongalia Health System Retirement and Savings PlanUniversity Physicians and Surgeons, Inc. Retirement Plan, Total assets ($M): 127.565556 · Participants: 1498University Physicians and Surgeons, Inc. Retirement Plan
IBEW Local 596 Pension Fund vs. nearby Other plans in West Virginia, assets vs. participants
Compare IBEW Local 596 Pension Fund side-by-side with 3 peers →

IBEW Local 596 Pension Fund's out-of-state Other peers by assets and headcount

Outside West Virginia, the nearest Other by assets is Ecri Institute Defined Contribution Retirement Plan in PA ($68M); by covered participants it is Planned Parenthood - Los Angeles 403(b) Plan in CA (518 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (518 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 596 Pension Fund assets move in 2022? ▼
IBEW Local 596 Pension Fund declined sharply - down 16.0% during 2022, from $81M to $68M. Reported net income was -$13M.
How have Joint Board of Trustees of IBEW Local 596 Pension Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Joint Board of Trustees of IBEW Local 596 Pension Fund's sponsor-wide assets grew 26.9%, from $68M to $86M.
Where does IBEW Local 596 Pension Fund rank by assets among Form 5500 filers? ▼
IBEW Local 596 Pension Fund 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 Other plans are similar in size to IBEW Local 596 Pension Fund? ▼
Among Other plans in other states, the closest by assets is Ecri Institute Defined Contribution Retirement Plan in PA ($68M, 451 participants).
Which Other plans cover a similar participant headcount to IBEW Local 596 Pension Fund? ▼
Among Other plans in other states, the closest by covered participants is Planned Parenthood - Los Angeles 403(b) Plan in CA (518 participants, $20M 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 550675342.

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.