Defined Benefit (Pension) · DOL Form 5500 · 2022

IBEW 648 Pension Plan Pension Plan

Data updated 2026-08-25

$70M
Total assets Below avg plan size
334
Participants Below avg headcount
91st
Percentile by assets National rank
$210,905
Avg per participant Above avg balance/head
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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.

  • #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.

#8,846
in Construction (9,927 peers)
-5.0%
assets change YoY
0.7×
vs typical plan assets (national mean)

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.

IBEW 648 Pension Plan's outsized position 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

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 648 Pension Plan 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 648 Pension Plan sits mid-pack in the medium band (334 participants).

Plan-year Form 5500 strip

Filing strip 316134845 · IBEW 648 Pension Plan PY 2022 · Defined Benefit (Pension)

IBEW 648 Pension Plan · $70M · 334 · 91st

  • EOY $70M
  • EOY 334
  • EOY 91st
  • EOY Defined Benefit (Pension)
  • EOY near The Interpublic Retirement Account Plan
  • EOY ind #8846

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 648 Pension Plan in the asset neighbourhood

Asr Staunton Employee's Retirement PlanAsr Staunton Employee's Reti…$71MTeamsters Local 11 Pension FundTeamsters Local 11 Pension F…$70MIBEW 648 Pension Plan$70MThe Interpublic Retirement Account PlanThe Interpublic Retirement A…$70MRetirement Income Plan for Bargaining Unit Employees of Datex-Ohmeda, Inc.Retirement Income Plan for B…$70M
End-of-year total assets ($M) among IBEW 648 Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$74M
Net Assets (End of Year)$70M
Net Income-$4M
Employer EIN316134845
Plan Effective Date1970-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (IBEW 648 Pension Plan)

Sponsor-wide plan assets over time

All IBEW 648 Pension Plan plans reported in each filing year

Latest sponsor-wide plan assets
$90M 27.79273262735326% vs 2022
2024 filing year
$60M$70M$80M$90M$100M 202220232024 $70.4M $90M ▲ +27.8%
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.

IBEW 648 Pension Plan vs. nearby Defined Benefit (Pension) plans in West Virginia, assets vs. participants Scatter plot of 6 data points. 05001000150020002500 0100200300400500600 Total assets ($M) Participants IBEW 648 Pension Plan, Total assets ($M): 70.442404 · Participants: 334IBEW 648 Pension PlanWest Virginia Laborers Pension Trust Fund, Total assets ($M): 501.727963 · Participants: 2131West Virginia Laborers Pension Trust FundI.U.O.E. Local 132 Pension Fund, Total assets ($M): 492.255027 · Participants: 1691I.U.O.E. Local 132 Pension FundUnited Mine Workers of America 1985 Construction Workers Pension Plan, Total assets ($M): 431.832443 · Participants: 243United Mine Workers of America 1985 Construction Workers Pension PlanEmployer - Teamsters Local Nos 175&505 Pension Trust Fund, Total assets ($M): 386.103888 · Participants: 1435Employer - Teamsters Local Nos 175&505 Pension Trust FundCarpenters Pension Fund of West Virginia, Total assets ($M): 275.717491 · Participants: 1310Carpenters Pension Fund of West Virginia
IBEW 648 Pension Plan vs. nearby Defined Benefit (Pension) plans in West Virginia, assets vs. participants
Compare IBEW 648 Pension Plan side-by-side with 3 peers →

IBEW 648 Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside West Virginia, the nearest Defined Benefit (Pension) by assets is The Interpublic Retirement Account Plan in NY ($70M); by covered participants it is Arnold & Porter Cash Balance Plan and Trust in DC (334 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (334 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 648 Pension Plan assets move in 2022? ▼
IBEW 648 Pension Plan edged down modestly - down 5.0% during 2022, from $74M to $70M. Reported net income was -$4M.
How have IBEW 648 Pension Plan plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), IBEW 648 Pension Plan's sponsor-wide assets grew 27.8%, from $70M to $90M.
Where does IBEW 648 Pension Plan rank by assets among Form 5500 filers? ▼
IBEW 648 Pension Plan ranks in the 91st 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 Defined Benefit (Pension) plans are similar in size to IBEW 648 Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is The Interpublic Retirement Account Plan in NY ($70M, 194 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to IBEW 648 Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Arnold & Porter Cash Balance Plan and Trust in DC (334 participants, $148M 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 316134845.

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.