Defined Benefit (Pension) · DOL Form 5500 · 2022
IBEW Local 38 Pension Plan Pension Plan
Data updated 2026-08-11
- $409M
- Total assets
- 1,512
- Participants
- 98th
- Percentile by assets
- $270,506
- Avg per participant
Official DOL plan name: I.B.E.W. Local 38 Pension Plan · Sponsored by IBEW Local 38 Pension Plan · Ohio · Construction
$409M in assets, 1,512 participants
IBEW Local 38 Pension Plan's I.B.E.W. Local 38 Pension Plan reported $409M in total assets and 1,512 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)
- #9,650 in Construction (9,927 peers)
Where I.B.E.W. Local 38 Pension Plan sits by assets
I.B.E.W. Local 38 Pension Plan sits in the top 5% of all filed plans by assets, $409M for 1,512 participants (~$270,506/participant), up 0.3% in 2022.
- $409M
- total plan assets (2022 EOY)
- 1,512
- covered participants
- 98th
- percentile by assets (of 139,126 plans)
- $270,506
- avg assets per participant
I.B.E.W. Local 38 Pension Plan vs the 2022 asset distribution
By assets, I.B.E.W. Local 38 Pension Plan outranks 98% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 4.1x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $408M |
|---|---|
| Net Assets (End of Year) | $408M |
| Net Income | $905K |
| Employer EIN | 346574238 |
| Plan Effective Date | 1965-05-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (IBEW Local 38 Pension Plan)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 1,512 | $409M |
| 2023 | 1 | 1,542 | $427M |
| 2024 | 1 | 1,575 | $446M |
Nearby Defined Benefit (Pension) Plans in Ohio
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
I.B.E.W. Local 38 Pension Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants
- Firstenergy Corp. Master Pension Plan $7.6B · 12,346
- Nationwide Retirement Plan $5.0B · 22,597
- American Electric Power System Retirement Plan $4.5B · 15,837
- Ohio Operating Engineers Pension Plan $3.4B · 9,749
- Laborers District Council & Contractors Pension Fund of Ohio $2.6B · 13,583
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to I.B.E.W. Local 38 Pension Plan by total assets, not by location.
- Data General Corporation Retirement Plan (MA) $409M · 377
- Indiana Electrical Workers Pension Plan (IN) $409M · 2,027
- Equifax Inc. U.S. Retirement Income Plan (GA) $409M · 473
- American United Life Insurance Company Employees Retirement Plan and Trust (IN) $409M · 1,946
Frequently Asked Questions
How did I.B.E.W. Local 38 Pension Plan assets move in 2022? ▼
How have IBEW Local 38 Pension Plan plan assets changed over time? ▼
Where does I.B.E.W. Local 38 Pension Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to I.B.E.W. Local 38 Pension Plan? ▼
Next read for I.B.E.W. Local 38 Pension Plan
Scale reading
Ways to act on I.B.E.W. Local 38 Pension Plan's numbers.
- By total assets, I.B.E.W. Local 38 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 Ohio. Compare plans
- IBEW Local 38 Pension Plan's sponsor-wide assets have grown 9.0% since 2022 across 3 plan years on file. More Construction plans