Defined Benefit (Pension) · DOL Form 5500 · 2022
Board of Trustees International Brotherh Electrical Workers Pension Pl Pension Plan
Data updated 2026-08-11
- $487M
- Total assets
- 2,548
- Participants
- 98th
- Percentile by assets
- $191,260
- Avg per participant
Official DOL plan name: International Brotherhood of Electrical Workers Local Union 98 Pension Plan · Sponsored by Board of Trustees International Brotherh Electrical Workers Pension Pl · Pennsylvania · Construction
$487M in assets, 2,548 participants
Board of Trustees International Brotherh Electrical Workers Pension Pl's International Brotherhood of Electrical Workers Local Union 98 Pension Plan reported $487M in total assets and 2,548 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)
- #9,703 in Construction (9,927 peers)
Coverage in Pennsylvania
International Brotherhood of Electrical Workers Local Union 98 Pension Plan covers 2,548 participants in Pennsylvania, 3.1x the typical Pennsylvania plan (state average ~822 per filing). Assets: $487M.
- $487M
- total plan assets (2022 EOY)
- 2,548
- covered participants
- 98th
- percentile by assets (of 139,126 plans)
- $191,260
- avg assets per participant
The plan reported a net loss of $73M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs Pennsylvania filers
In Pennsylvania, the average filing covers about 822 participants across 5,751 plans. International Brotherhood of Electrical Workers Local Union 98 Pension Plan reports 2,548 participants - 3.1x that state average ($487M EOY assets).
Pennsylvania filing particulars
| Total Assets (Beginning of Year) | $559M |
|---|---|
| Net Assets (End of Year) | $486M |
| Net Income | -$73M |
| Employer EIN | 231990722 |
| Plan Effective Date | 1961-09-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees International Brotherh Electrical Workers Pension Pl)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 2,548 | $487M |
| 2023 | 1 | 2,487 | $555M |
| 2024 | 1 | 2,573 | $624M |
Nearby Defined Benefit (Pension) Plans in Pennsylvania
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
International Brotherhood of Electrical Workers Local Union 98 Pension Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants
- National Elevator Industry Pension Plan $10.4B · 27,097
- Steelworkers Pension Trust $5.9B · 52,395
- The PNC Financial Services Group, Inc. Pension Plan $5.4B · 63,731
- Constellation Retirement Program $5.4B · 5,314
- The Bank of New York Mellon Corporation Pension Plan $5.0B · 8,098
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to International Brotherhood of Electrical Workers Local Union 98 Pension Plan by total assets, not by location.
- Joint Pension Fund Local Union IBEW (NJ) $487M · 2,247
- America First Credit Union Pension Plan (UT) $487M · 2,406
- IBEW Local 1249 Pension Plan (NY) $486M · 2,964
- Haworth Pension Plan (MI) $488M · 821
Frequently Asked Questions
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Filing takeaways
Ways to act on International Brotherhood of Electrical Workers Local Union 98 Pension Plan's numbers.
- By total assets, International Brotherhood of Electrical Workers Local Union 98 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 Pennsylvania. Compare plans
- Board of Trustees International Brotherh Electrical Workers Pension Pl's sponsor-wide assets have grown 28.0% since 2022 across 3 plan years on file. More Construction plans