Other · DOL Form 5500 · 2022

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

Data updated 2026-08-25

$83M
Total assets Below avg plan size
535
Participants Below avg headcount
92nd
Percentile by assets National rank
$154,652
Avg per participant Above avg balance/head
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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.

  • #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.

#8,972
in Construction (9,927 peers)
-12.3%
assets change YoY
0.8×
vs typical plan assets (national mean)

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.

IBEW Local 575 Pension Fund's outsized position 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 $2,050,000,000 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 575 Pension Fund among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. IBEW Local 575 Pension Fund sits mid-pack in the medium band (535 participants).

Published 5500 schedule card

Filing strip 621059603 · Joint Board of Trustees of IBEW Local 575 Pension Fund PY 2022 · Other

IBEW Local 575 Pension Fund · $83M · 535 · 92nd

  • 5500 $83M
  • 5500 535
  • 5500 92nd
  • 5500 Other
  • 5500 near Hackley School 403(b) DC Plan (Formerly Tiaa-Cref Tax Deferred Retirement Plan for Faculty, Staff & Administrators)
  • 5500 ind #8972

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 West Virginia →

IBEW Local 575 Pension Fund in the asset neighbourhood

Sheet Metal Workers Local Union No 20 Defined Contribution Pension PlanSheet Metal Workers Local Un…$83MThe Johns Hopkins University Income Deferral 403(b) Plan for Residents, Interns and Postdoctoral FellowsThe Johns Hopkins University…$83MIBEW Local 575 Pension Fund$83MHackley School 403(b) DC Plan (Formerly Tiaa-Cref Tax Deferred Retirement Plan for Faculty, Staff & Administrators)Hackley School 403(b) DC Pla…$83MRetirement Plan for American Enterprise Institute for Public Policy ResearchRetirement Plan for American…$82M
End-of-year total assets ($M) among IBEW Local 575 Pension Fund and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2022.

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)

Sponsor-wide plan assets over time

All Joint Board of Trustees of IBEW Local 575 Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$112M 35.957805326016% vs 2022
2024 filing year
$70M$80M$90M$100M$110M$120M 202220232024 $82.7M $112M ▲ +36.0%
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 ($M) Participants IBEW Local 575 Pension Fund, Total assets ($M): 82.739068 · Participants: 535IBEW Local 575 Pension FundWest Virginia University Health System 403(b) Retirement Savings Plan, Total assets ($M): 960.157433 · Participants: 18993West Virginia University Health System 403(b) Retirement Savings PlanWest Virginia University Medical Corporation 403(b) Plan, Total assets ($M): 228.999095 · Participants: 1686West Virginia University Medical Corporation 403(b) PlanLocal Union 317 Electrical Pension Plan, Total assets ($M): 140.039226 · Participants: 746Local Union 317 Electrical Pension PlanMonongalia Health System Retirement and Savings Plan, Total assets ($M): 135.249695 · Participants: 2865Monongalia Health System Retirement and Savings PlanUniversity Physicians and Surgeons, Inc. Retirement Plan, Total assets ($M): 127.565556 · Participants: 1498University Physicians and Surgeons, Inc. Retirement Plan
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 →

IBEW Local 575 Pension Fund's out-of-state Other peers by assets and headcount

Outside West Virginia, the nearest Other by assets is Hackley School 403(b) DC Plan (Formerly Tiaa-Cref Tax Deferred Retirement Plan for Faculty, Staff & Administrators) in NY ($83M); by covered participants it is Police Benevolent Association Pension Benefit Plan in VA (535 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (535 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 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).
Which Other plans cover a similar participant headcount to IBEW Local 575 Pension Fund? ▼
Among Other plans in other states, the closest by covered participants is Police Benevolent Association Pension Benefit Plan in VA (535 participants, N/A 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 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.