Defined Benefit (Pension) · DOL Form 5500 · 2022
IBEW 648 Pension Plan Pension Plan
Data updated 2026-08-11
- $70M
- Total assets
- 334
- Participants
- 91st
- Percentile by assets
- $210,905
- Avg per participant
Official DOL plan name: IBEW 648 Pension Plan · Sponsored by IBEW 648 Pension Plan · West Virginia · Construction
$70M in assets, 334 participants
IBEW 648 Pension Plan's IBEW 648 Pension Plan reported $70M in total assets and 334 participants in its 2022 DOL Form 5500 filing, ranking in the 91st 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.
- 91st percentile by assets (of 139,126 plans)
- #8,846 in Construction (9,927 peers)
Where IBEW 648 Pension Plan sits by assets
IBEW 648 Pension Plan sits in the top 10% of all filed plans by assets, $70M for 334 participants (~$210,905/participant), down 5.0% in 2022.
- $70M
- total plan assets (2022 EOY)
- 334
- covered participants
- 91st
- percentile by assets (of 139,126 plans)
- $210,905
- avg assets per participant
The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Where IBEW 648 Pension Plan sits by total assets
IBEW 648 Pension Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$70,442,404 Top 9% higher than 91% 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
IBEW 648 Pension Plan vs the 2022 asset distribution
By assets, IBEW 648 Pension Plan outranks 91% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.7x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $74M |
|---|---|
| Net Assets (End of Year) | $70M |
| Net Income | -$4M |
| Employer EIN | 316134845 |
| Plan Effective Date | 1970-03-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (IBEW 648 Pension Plan)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 334 | $70M |
| 2023 | 1 | 365 | $80M |
| 2024 | 1 | 392 | $90M |
Nearby Defined Benefit (Pension) Plans in West Virginia
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- West Virginia Laborers Pension Trust Fund $502M · 2,131
- I.U.O.E. Local 132 Pension Fund $492M · 1,691
- United Mine Workers of America 1985 Construction Workers Pension Plan $432M · 243
- Employer - Teamsters Local Nos 175&505 Pension Trust Fund $386M · 1,435
- Carpenters Pension Fund of West Virginia $276M · 1,310
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to IBEW 648 Pension Plan by total assets, not by location.
Frequently Asked Questions
How did IBEW 648 Pension Plan assets move in 2022? ▼
How have IBEW 648 Pension Plan plan assets changed over time? ▼
Where does IBEW 648 Pension Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to IBEW 648 Pension Plan? ▼
Next read for IBEW 648 Pension Plan
Scale reading
Ways to act on IBEW 648 Pension Plan's numbers.
- By total assets, IBEW 648 Pension Plan ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in West Virginia. Compare plans
- IBEW 648 Pension Plan's sponsor-wide assets have grown 27.8% since 2022 across 3 plan years on file. More Construction plans