Other · DOL Form 5500 · 2022

Joint Board of Trustees of IBEW Local 575 Pension Fund Retirement Plan

Data updated 2026-08-11

$83M
Total assets
535
Participants
92nd
Percentile by assets
$154,652
Avg per participant
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Official DOL plan name: IBEW Local 575 Pension Fund · Sponsored by Joint Board of Trustees of IBEW Local 575 Pension Fund · West Virginia · Construction

$83M in assets, 535 participants

Joint Board of Trustees of IBEW Local 575 Pension Fund's IBEW Local 575 Pension Fund reported $83M in total assets and 535 participants in its 2022 DOL Form 5500 filing, ranking in the 92nd 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.

  • 92nd percentile by assets (of 139,126 plans)
  • #8,972 in Construction (9,927 peers)

Where IBEW Local 575 Pension Fund sits by assets

IBEW Local 575 Pension Fund sits in the top 10% of all filed plans by assets, $83M for 535 participants (~$154,652/participant), down 12.3% in 2022.

$83M
total plan assets (2022 EOY)
535
covered participants
92nd
percentile by assets (of 139,126 plans)
$154,652
avg assets per participant

The plan reported a net loss of $12M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where IBEW Local 575 Pension Fund sits by total assets

IBEW Local 575 Pension Fund vs every filed plan by assets

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

$82,739,068 Top 8% higher than 92% of 139,123 filed plans

This plan $0 $2,010,000,000 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

State
West Virginia
Industry
Construction

IBEW Local 575 Pension Fund vs the 2022 asset distribution

By assets, IBEW Local 575 Pension Fund outranks 92% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.8x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$94M
Net Assets (End of Year)$83M
Net Income-$12M
Employer EIN621059603
Plan Effective Date1979-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Joint Board of Trustees of IBEW Local 575 Pension Fund)

$70M$80M$90M$100M$110M$120M 202220232024 $82.7M $112M ▲ +36.0%
Total plan assets by year, all Joint Board of Trustees of IBEW Local 575 Pension Fund plans on file
Year Plans Participants Total Assets
2022 1 535 $83M
2023 1 654 $96M
2024 1 718 $112M

Nearby Other Plans in West Virginia

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

IBEW Local 575 Pension Fund vs. nearby Other plans in West Virginia, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 020040060080010001200 Total assets ($M) Participants IBEW Local 575 Pensi…, Total assets ($M): 82.739068 · Participants: 535IBEW Local 575 Pensi…West Virginia Univer…, Total assets ($M): 960.157433 · Participants: 18993West Virginia Univer…West Virginia Univer…, Total assets ($M): 228.999095 · Participants: 1686West Virginia Univer…Local Union 317 Elec…, Total assets ($M): 140.039226 · Participants: 746Local Union 317 Elec…Monongalia Health Sy…, Total assets ($M): 135.249695 · Participants: 2865Monongalia Health Sy…University Physician…, Total assets ($M): 127.565556 · Participants: 1498University Physician…
IBEW Local 575 Pension Fund vs. nearby Other plans in West Virginia, assets vs. participants
Compare IBEW Local 575 Pension Fund side-by-side with 3 peers →

Similar-Sized Other Plans Nationally

Other plans in other states closest to IBEW Local 575 Pension Fund by total assets, not by location.

Frequently Asked Questions

How did IBEW Local 575 Pension Fund assets move in 2022? ▼
IBEW Local 575 Pension Fund pulled back noticeably - down 12.3% during 2022, from $94M to $83M. Reported net income was -$12M.
How have Joint Board of Trustees of IBEW Local 575 Pension Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Joint Board of Trustees of IBEW Local 575 Pension Fund's sponsor-wide assets grew 36.0%, from $83M to $112M.
Where does IBEW Local 575 Pension Fund rank by assets among Form 5500 filers? ▼
IBEW Local 575 Pension Fund ranks in the 92nd percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which Other plans are similar in size to IBEW Local 575 Pension Fund? ▼
Among Other plans in other states, the closest by assets is Hackley School 403(b) DC Plan (Formerly Tiaa-Cref Tax Deferred Retirement Plan for Faculty, Staff & Administrators) in NY ($83M, 237 participants).

Next read for IBEW Local 575 Pension Fund

Scale reading

Ways to act on IBEW Local 575 Pension Fund's numbers.

  • By total assets, IBEW Local 575 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 575 Pension Fund's sponsor-wide assets have grown 36.0% since 2022 across 3 plan years on file. More Construction plans

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 621059603.

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.