Money Purchase · DOL Form 5500 · 2022

IBEW Local 16, AFL-CIO & Multi- Employer Pension Plan Money Purchase Plan

Data updated 2026-08-25

$331M
Total assets Above avg plan size
1,999
Participants Near avg headcount
97th
Percentile by assets National rank
$165,635
Avg per participant Above avg balance/head
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Official DOL plan name: IBEW Local 16, AFL-CIO & Multi- Employer Pension Plan · Sponsored by IBEW Local 16, AFL-CIO & Multi- Employer Pension Plan · Tennessee · Construction

$331M in assets, 1,999 participants

IBEW Local 16, AFL-CIO & Multi- Employer Pension Plan's IBEW Local 16, AFL-CIO & Multi- Employer Pension Plan reported $331M in total assets and 1,999 participants in its 2022 DOL Form 5500 filing, ranking in the 97th 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.

  • #9,594 in Construction (9,927 peers)

Where IBEW Local 16, AFL-CIO & Multi- Employer Pension Plan sits by assets

IBEW Local 16, AFL-CIO & Multi- Employer Pension Plan sits in the top 5% of all filed plans by assets, $331M for 1,999 participants (~$165,635/participant), down 16.8% in 2022.

#9,594
in Construction (9,927 peers)
-16.8%
assets change YoY
3.3×
vs typical plan assets (national mean)

The plan reported a net loss of $67M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

IBEW Local 16, AFL-CIO & Multi- Employer Pension Plan's outsized position by total assets

IBEW Local 16, AFL-CIO & Multi- Employer Pension Plan vs every filed plan by assets

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

$331,104,440 Top 3% higher than 97% 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 16, AFL-CIO & Multi- Employer 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 16, AFL-CIO & Multi- Employer Pension Plan lands in the large band (1,999 participants).

DOL schedule card

Filing strip 351488049 · IBEW Local 16, AFL-CIO & Multi- Employer Pension Plan PY 2022 · Money Purchase

IBEW Local 16, AFL-CIO & Multi- Employer Pension Plan · $331M · 1,999 · 97th

  • SCH $331M
  • SCH 1,999
  • SCH 97th
  • SCH Money Purchase
  • SCH near Cascade Pension Plan
  • SCH ind #9594

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 Tennessee →

IBEW Local 16, AFL-CIO & Multi- Employer Pension Plan in the asset neighbourhood

IBEW & Electrical Industry Loc 697, Money Purchase PlanIBEW & Electrical Industry L…$337MCascade Pension Plan$331MIBEW Local 16, AFL-CIO & Multi- Employer Pension PlanIBEW Local 16, AFL-CIO & Mul…$331MAura, Inc. Money Purchase Pension Plan and TrustAura, Inc. Money Purchase Pe…$328MNas Primary Retirement Plan$326M
End-of-year total assets ($M) among IBEW Local 16, AFL-CIO & Multi- Employer Pension Plan and nearest nationwide Money Purchase peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$398M
Net Assets (End of Year)$331M
Net Income-$67M
Employer EIN351488049
Plan Effective Date1979-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (IBEW Local 16, AFL-CIO & Multi- Employer Pension Plan)

Sponsor-wide plan assets over time

All IBEW Local 16, AFL-CIO & Multi- Employer Pension Plan plans reported in each filing year

Latest sponsor-wide plan assets
$434M 31.17898570010115% vs 2022
2024 filing year
$300M$350M$400M$450M 202220232024 $331M $434M ▲ +31.2%
Year Plans Participants Total Assets
2022 1 1,999 $331M
2023 1 2,004 $379M
2024 1 2,070 $434M

Nearby Money Purchase Plans in Tennessee

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

IBEW Local 16, AFL-CIO & Multi- Employer Pension Plan vs. nearby Money Purchase plans in Tennessee, assets vs. participants Scatter plot of 6 data points. 050001000015000 00.511.52 Total assets ($B) Participants IBEW Local 16, AFL-CIO & Multi- Employer Pension Plan, Total assets ($B): 0.33110444 · Participants: 1999IBEW Local 16, AFL-CIO & Multi- Employer Pension PlanSouthern Electrical Retirement Fund, Total assets ($B): 1.721628674 · Participants: 10582Southern Electrical Retirement FundU.a. Local Union No. 614 Pension Plan, Total assets ($B): 0.166143137 · Participants: 1308U.a. Local Union No. 614 Pension PlanMidwest Pipe Trades Retirement Plan, Total assets ($B): 0.158666094 · Participants: 1481Midwest Pipe Trades Retirement PlanMillwright & Machinery Erectors Local 1192 Defined Contribution Pension Plan, Total assets ($B): 0.097878043 · Participants: 853Millwright & Machinery Erectors Local 1192 Defined Contribution Pension PlanIBEW Local Union No. 915 Pension-Annuity Fund, Total assets ($B): 0.084899937 · Participants: 1794IBEW Local Union No. 915 Pension-Annuity Fund
IBEW Local 16, AFL-CIO & Multi- Employer Pension Plan vs. nearby Money Purchase plans in Tennessee, assets vs. participants
Compare IBEW Local 16, AFL-CIO & Multi- Employer Pension Plan side-by-side with 3 peers →

IBEW Local 16, AFL-CIO & Multi- Employer Pension Plan's out-of-state Money Purchase peers by assets and headcount

Outside Tennessee, the nearest Money Purchase by assets is Cascade Pension Plan in OR ($331M); by covered participants it is Cement Masons' Local 502 and Plasterers' Area 5 an in IL (2,011 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($331M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,999 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 16, AFL-CIO & Multi- Employer Pension Plan assets move in 2022? ▼
IBEW Local 16, AFL-CIO & Multi- Employer Pension Plan declined sharply - down 16.8% during 2022, from $398M to $331M. Reported net income was -$67M.
How have IBEW Local 16, AFL-CIO & Multi- Employer Pension Plan plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), IBEW Local 16, AFL-CIO & Multi- Employer Pension Plan's sponsor-wide assets grew 31.2%, from $331M to $434M.
Where does IBEW Local 16, AFL-CIO & Multi- Employer Pension Plan rank by assets among Form 5500 filers? ▼
IBEW Local 16, AFL-CIO & Multi- Employer Pension Plan ranks in the 97th 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 Money Purchase plans are similar in size to IBEW Local 16, AFL-CIO & Multi- Employer Pension Plan? ▼
Among Money Purchase plans in other states, the closest by assets is Cascade Pension Plan in OR ($331M, 2,092 participants).
Which Money Purchase plans cover a similar participant headcount to IBEW Local 16, AFL-CIO & Multi- Employer Pension Plan? ▼
Among Money Purchase plans in other states, the closest by covered participants is Cement Masons' Local 502 and Plasterers' Area 5 an in IL (2,011 participants, $37M 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 351488049.

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.