Defined Benefit (Pension) · DOL Form 5500 · 2022

Board of Trustees, IBEW Local 595 Pension Plan Pension Plan

Data updated 2026-08-11

$497M
Total assets
1,602
Participants
98th
Percentile by assets
$310,273
Avg per participant
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Official DOL plan name: IBEW Local 595 Pension Plan · Sponsored by Board of Trustees, IBEW Local 595 Pension Plan · California · Construction

$497M in assets, 1,602 participants

Board of Trustees, IBEW Local 595 Pension Plan's IBEW Local 595 Pension Plan reported $497M in total assets and 1,602 participants in its 2022 DOL Form 5500 filing, ranking in the 98th 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.

  • 98th percentile by assets (of 139,126 plans)
  • #9,711 in Construction (9,927 peers)

Coverage in California

IBEW Local 595 Pension Plan covers 1,602 participants in California, 2.5x the typical California plan (state average ~630 per filing). Assets: $497M.

$497M
total plan assets (2022 EOY)
1,602
covered participants
98th
percentile by assets (of 139,126 plans)
$310,273
avg assets per participant

The plan reported a net loss of $68M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Participants vs California filers

In California, the average filing covers about 630 participants across 15,291 plans. IBEW Local 595 Pension Plan reports 1,602 participants - 2.5x that state average ($497M EOY assets).

California filing particulars

Total Assets (Beginning of Year)$566M
Net Assets (End of Year)$497M
Net Income-$68M
Employer EIN946279541
Plan Effective Date1965-12-08
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees, IBEW Local 595 Pension Plan)

$480M$500M$520M$540M$560M 202220232024 $497M $546M ▲ +9.8%
Total plan assets by year, all Board of Trustees, IBEW Local 595 Pension Plan plans on file
Year Plans Participants Total Assets
2022 1 1,602 $497M
2023 1 1,607 $531M
2024 1 1,537 $546M

Nearby Defined Benefit (Pension) Plans in California

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

IBEW Local 595 Pension Plan vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants

IBEW Local 595 Pension Plan vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants IBEW Local 595 Pensi…Kaiser Permanente Re…Pacific Gas and Elec…Retirement Plan for …Disney Salaried Pens…Wells Fargo & Compan…
IBEW Local 595 Pension Plan vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to IBEW Local 595 Pension Plan by total assets, not by location.

Frequently Asked Questions

How did IBEW Local 595 Pension Plan assets move in 2022?
IBEW Local 595 Pension Plan pulled back noticeably - down 12.1% during 2022, from $566M to $497M. Reported net income was -$68M.
How have Board of Trustees, IBEW Local 595 Pension Plan plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees, IBEW Local 595 Pension Plan's sponsor-wide assets grew 9.8%, from $497M to $546M.
Where does IBEW Local 595 Pension Plan rank by assets among Form 5500 filers?
IBEW Local 595 Pension Plan ranks in the 98th 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 595 Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Elevance Health Cash Balance Plan B in IN ($497M, 773 participants).

Next read for IBEW Local 595 Pension Plan

Filing takeaways

Ways to act on IBEW Local 595 Pension Plan's numbers.

  • By total assets, IBEW Local 595 Pension Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in California. Compare plans
  • Board of Trustees, IBEW Local 595 Pension Plan's sponsor-wide assets have grown 9.8% since 2022 across 3 plan years on file. More Construction plans