Money Purchase · DOL Form 5500 · 2022

Trustees of Local No. 1 Pension Benefit Trust Fund Money Purchase Plan

Data updated 2026-08-06

$1.5B
Total assets
4,522
Participants
99th
Percentile by assets
$324,756
Avg per participant
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Official DOL plan name: Local No. 1 IBEW Pension Benefit Trust Fund · Sponsored by Trustees of Local No. 1 Pension Benefit Trust Fund · Missouri · Construction

$1.5B in assets, 4,522 participants

Trustees of Local No. 1 Pension Benefit Trust Fund's Local No. 1 IBEW Pension Benefit Trust Fund reported $1.5B in total assets and 4,522 participants in its 2022 DOL Form 5500 filing, ranking in the 99th 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.

  • 99th percentile by assets (of 139,258 plans)
  • #9,877 in Construction (9,938 peers)

Coverage in Missouri

Local No. 1 IBEW Pension Benefit Trust Fund covers 4,522 participants in Missouri, 6.0x the typical Missouri plan (state average ~756 per filing). Assets: $1.5B.

$1.5B
total plan assets (2022 EOY)
4,522
covered participants
99th
percentile by assets (of 139,258 plans)
$324,756
avg assets per participant

The plan reported a net loss of $340M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Participants vs Missouri filers

In Missouri, the average filing covers about 756 participants across 2,155 plans. Local No. 1 IBEW Pension Benefit Trust Fund reports 4,522 participants - 6.0x that state average ($1.5B EOY assets).

Missouri filing particulars

Total Assets (Beginning of Year)$1.8B
Net Assets (End of Year)$1.5B
Net Income-$340M
Employer EIN436032286
Plan Effective Date1960-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Trustees of Local No. 1 Pension Benefit Trust Fund)

$1.4B$1.6B$1.8B$2B 202220232024 $1.47B $1.88B ▲ +27.9%
Total plan assets by year, all Trustees of Local No. 1 Pension Benefit Trust Fund plans on file
Year Plans Participants Total Assets
2022 1 4,522 $1.5B
2023 1 4,647 $1.7B
2024 1 4,749 $1.9B

Nearby Money Purchase Plans in Missouri

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

Local No. 1 IBEW Pension Benefit Trust Fund vs. nearby Money Purchase plans in Missouri, assets vs. participants

Local No. 1 IBEW Pension Benefit Trust Fund vs. nearby Money Purchase plans in Missouri, assets vs. participants Scatter plot of 6 data points. 02000400060008000 00.511.52 Total assets ($B) Participants Local No. 1 IBEW Pen…NECA-IBEW Pension Be…Saint Louis Universi…Brewery Conference/A…The Children's Mercy…Mo-Kan Iron Workers …
Local No. 1 IBEW Pension Benefit Trust Fund vs. nearby Money Purchase plans in Missouri, assets vs. participants

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to Local No. 1 IBEW Pension Benefit Trust Fund by total assets, not by location.

Frequently Asked Questions

How did Local No. 1 IBEW Pension Benefit Trust Fund assets move in 2022?
Local No. 1 IBEW Pension Benefit Trust Fund declined sharply - down 18.8% during 2022, from $1.8B to $1.5B. Reported net income was -$340M.
How have Trustees of Local No. 1 Pension Benefit Trust Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Trustees of Local No. 1 Pension Benefit Trust Fund's sponsor-wide assets grew 28.3%, from $1.5B to $1.9B.
Where does Local No. 1 IBEW Pension Benefit Trust Fund rank by assets among Form 5500 filers?
Local No. 1 IBEW Pension Benefit Trust Fund ranks in the 99th percentile by end-of-year assets among 139,258 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which Money Purchase plans are similar in size to Local No. 1 IBEW Pension Benefit Trust Fund?
Among Money Purchase plans in other states, the closest by assets is Harvard University Defined Contribution Retirement Plan in MA ($1.5B, 12,417 participants).

Next read for Local No. 1 IBEW Pension Benefit Trust F…

Filing takeaways

Ways to act on Local No. 1 IBEW Pension Benefit Trust Fund's numbers.

  • By total assets, Local No. 1 IBEW Pension Benefit Trust Fund ranks among the largest 1% of all filed plans. See the largest plans
  • Compare it side-by-side against 3 similar Money Purchase plans in Missouri. Compare plans
  • Trustees of Local No. 1 Pension Benefit Trust Fund's sponsor-wide assets have grown 28.3% since 2022 across 3 plan years on file. More Construction plans