Other · DOL Form 5500 · 2022
Joint Board of Trustees of IBEW Local 596 Pension Fund Retirement Plan
Data updated 2026-08-11
- $68M
- Total assets
- 518
- Participants
- 90th
- Percentile by assets
- $131,018
- Avg per participant
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.
- 90th percentile by assets (of 139,126 plans)
- #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.
- $68M
- total plan assets (2022 EOY)
- 518
- covered participants
- 90th
- percentile by assets (of 139,126 plans)
- $131,018
- 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.
Where IBEW Local 596 Pension Fund sits 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
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 vs the 2022 asset distribution
By assets, IBEW Local 596 Pension Fund 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) | $81M |
|---|---|
| Net Assets (End of Year) | $68M |
| Net Income | -$13M |
| Employer EIN | 550675342 |
| Plan Effective Date | 1979-06-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Joint Board of Trustees of IBEW Local 596 Pension Fund)
| 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
- West Virginia University Health System 403(b) Retirement Savings Plan $960M · 18,993
- West Virginia University Medical Corporation 403(b) Plan $229M · 1,686
- Local Union 317 Electrical Pension Plan $140M · 746
- Monongalia Health System Retirement and Savings Plan $135M · 2,865
- University Physicians and Surgeons, Inc. Retirement Plan $128M · 1,498
Similar-Sized Other Plans Nationally
Other plans in other states closest to IBEW Local 596 Pension Fund by total assets, not by location.
Frequently Asked Questions
How did IBEW Local 596 Pension Fund assets move in 2022? ▼
How have Joint Board of Trustees of IBEW Local 596 Pension Fund plan assets changed over time? ▼
Where does IBEW Local 596 Pension Fund rank by assets among Form 5500 filers? ▼
Which Other plans are similar in size to IBEW Local 596 Pension Fund? ▼
Next read for IBEW Local 596 Pension Fund
Scale reading
Ways to act on IBEW Local 596 Pension Fund's numbers.
- By total assets, IBEW Local 596 Pension Fund ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Other plans in West Virginia. Compare plans
- Joint Board of Trustees of IBEW Local 596 Pension Fund's sponsor-wide assets have grown 26.9% since 2022 across 3 plan years on file. More Construction plans