Defined Benefit (Pension) · DOL Form 5500 · 2022
Board of Trustees International Brotherh Electrical Workers Pension Pl Pension Plan
Data updated 2026-08-25
- $487M
- Total assets Above avg plan size
- 2,548
- Participants Above avg headcount
- 98th
- Percentile by assets National rank
- $191,260
- Avg per participant Above avg balance/head
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.
- #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.
- #9,703
- in Construction (9,927 peers)
- -12.9%
- assets change YoY
- 4.9×
- vs typical plan assets (national mean)
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.
International Brotherhood of Electrical Workers Local Union 98 Pension Plan's outsized position by total assets
International Brotherhood of Electrical Workers Local Union 98 Pension Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$487,329,753 Top 2% higher than 98% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
International Brotherhood of Electrical Workers Local Union 98 Pension Plan's large-plan peer group by participant headcount
Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. International Brotherhood of Electrical Workers Local Union 98 Pension Plan lands in the large band (2,548 participants).
Plan-year Form 5500 strip
Filing strip 231990722 · Board of Trustees International Brotherh Electrical Workers Pension Pl PY 2022 · Defined Benefit (Pension)
International Brotherhood of Electrical Workers Local Union 98 Pension Plan · $487M · 2,548 · 98th
- BOY $487M
- BOY 2,548
- BOY 98th
- BOY Defined Benefit (Pension)
- BOY near Joint Pension Fund Local Union IBEW
- BOY ind #9703
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 Pennsylvania →
International Brotherhood of Electrical Workers Local Union 98 Pension Plan in the asset neighbourhood
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)
Sponsor-wide plan assets over time
All Board of Trustees International Brotherh Electrical Workers Pension Pl plans reported in each filing year
- Latest sponsor-wide plan assets
- $624M 28.045610833041014% vs 2022
- 2024 filing year
| 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.
- 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
International Brotherhood of Electrical Workers Local Union 98 Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Pennsylvania, the nearest Defined Benefit (Pension) by assets is Joint Pension Fund Local Union IBEW in NJ ($487M); by covered participants it is Retirement Plan for Employees of Hawaiian Electric Industries, Inc. and Participating Subsidiaries in HI (2,548 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($487M here).
- 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
Similar participant headcount
Nearest other-state filings by covered participants (2,548 participants); asset peers above are excluded.
- Retirement Plan for Employees of Hawaiian Electric Industries, Inc. and Participating Subsidiaries (HI) 2,548 · 0 off
- Gmp & Employers Pension Plan (OH) 2,541 · 7 off
- Christiana Care Health Services, Inc. Retirement Plan (DE) 2,556 · 8 off
- Sheet Metal Workers Local Union No. 28 Pension Fund (NY) 2,561 · 13 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.