Defined Benefit (Pension) · DOL Form 5500 · 2022

Board of Trustees of IBEW Local 716 Pension Plan Pension Plan

Data updated 2026-08-25

$177M
Total assets Near avg plan size
2,200
Participants Above avg headcount
95th
Percentile by assets National rank
$80,329
Avg per participant Below avg balance/head
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Official DOL plan name: IBEW Local 716 Pension Plan · Sponsored by Board of Trustees of IBEW Local 716 Pension Plan · Texas · Construction

$177M in assets, 2,200 participants

Board of Trustees of IBEW Local 716 Pension Plan's IBEW Local 716 Pension Plan reported $177M in total assets and 2,200 participants in its 2022 DOL Form 5500 filing, ranking in the 95th 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.

  • #9,372 in Construction (9,927 peers)

Coverage in Texas

IBEW Local 716 Pension Plan covers 2,200 participants in Texas, 3.2x the typical Texas plan (state average ~688 per filing). Assets: $177M.

#9,372
in Construction (9,927 peers)
-15.2%
assets change YoY
1.8×
vs typical plan assets (national mean)

The plan reported a net loss of $31M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

IBEW Local 716 Pension Plan's outsized position by total assets

IBEW Local 716 Pension Plan vs every filed plan by assets

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

$176,723,916 Top 5% higher than 95% 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 716 Pension Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. IBEW Local 716 Pension Plan lands in the large band (2,200 participants).

Form 5500 schedule snapshot

Filing strip 746174674 · Board of Trustees of IBEW Local 716 Pension Plan PY 2022 · Defined Benefit (Pension)

IBEW Local 716 Pension Plan · $177M · 2,200 · 95th

  • PART $177M
  • PART 2,200
  • PART 95th
  • PART Defined Benefit (Pension)
  • PART near Dairy Farmers of America, Inc. Retirement Plan
  • PART ind #9372

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 Texas →

IBEW Local 716 Pension Plan in the asset neighbourhood

Retirement Plan for Employees of Woods Hole Oceanographic InstitutionRetirement Plan for Employee…$177MRetirement Plan of San Jose Water CompanyRetirement Plan of San Jose …$177MDairy Farmers of America, Inc. Retirement PlanDairy Farmers of America, In…$177MIBEW Local 716 Pension Plan$177MDriv Employees Retirement PlanDriv Employees Retirement Pl…$177M
End-of-year total assets ($M) among IBEW Local 716 Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Texas filing particulars

Total Assets (Beginning of Year)$208M
Net Assets (End of Year)$177M
Net Income-$31M
Employer EIN746174674
Plan Effective Date1965-07-01
Filing StatusFILING RECEIVED

Nearby Defined Benefit (Pension) Plans in Texas

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

IBEW Local 716 Pension Plan vs. nearby Defined Benefit (Pension) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants IBEW Local 716 Pension Plan, Total assets ($B): 0.176723916 · Participants: 2200IBEW Local 716 Pension PlanAT&T Pension Benefit Plan, Total assets ($B): 40.998144 · Participants: 119463AT&T Pension Benefit PlanShell Pension Plan, Total assets ($B): 14.642588618 · Participants: 12912Shell Pension PlanExxonmobil Pension Plan, Total assets ($B): 11.599 · Participants: 23661Exxonmobil Pension PlanCaterpillar Inc. Retirement Income Plan, Total assets ($B): 9.541187279 · Participants: 12815Caterpillar Inc. Retirement Income PlanBp Retirement Accumulation Plan, Total assets ($B): 5.371602289 · Participants: 9156Bp Retirement Accumulation Plan
IBEW Local 716 Pension Plan vs. nearby Defined Benefit (Pension) plans in Texas, assets vs. participants
Compare IBEW Local 716 Pension Plan side-by-side with 3 peers →

IBEW Local 716 Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Texas, the nearest Defined Benefit (Pension) by assets is Dairy Farmers of America, Inc. Retirement Plan in KS ($177M); by covered participants it is New Jersey Building Laborers Statewide Pension Fund in NJ (2,202 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,200 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 716 Pension Plan assets move in 2022? ▼
IBEW Local 716 Pension Plan declined sharply - down 15.2% during 2022, from $208M to $177M. Reported net income was -$31M.
Where does IBEW Local 716 Pension Plan rank by assets among Form 5500 filers? ▼
IBEW Local 716 Pension Plan ranks in the 95th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to IBEW Local 716 Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Dairy Farmers of America, Inc. Retirement Plan in KS ($177M, 385 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to IBEW Local 716 Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is New Jersey Building Laborers Statewide Pension Fund in NJ (2,202 participants, $494M 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 746174674.

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.