Defined Benefit (Pension) · DOL Form 5500 · 2022

IBEW Local 38 Pension Plan Pension Plan

Data updated 2026-08-25

$409M
Total assets Above avg plan size
1,512
Participants Near avg headcount
98th
Percentile by assets National rank
$270,506
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

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.

  • #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.

#9,650
in Construction (9,927 peers)
+0.3%
assets growth YoY
4.1×
vs typical plan assets (national mean)

I.B.E.W. Local 38 Pension Plan's outsized position by total assets

I.B.E.W. Local 38 Pension Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$409,005,623 Top 2% higher than 98% 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

I.B.E.W. Local 38 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. I.B.E.W. Local 38 Pension Plan lands in the large band (1,512 participants).

EBSA filing schedule strip

Filing strip 346574238 · IBEW Local 38 Pension Plan PY 2022 · Defined Benefit (Pension)

I.B.E.W. Local 38 Pension Plan · $409M · 1,512 · 98th

  • BOY $409M
  • SCH 1,512
  • EBSA 98th
  • PART Defined Benefit (Pension)
  • TYPE near Data General Corporation Retirement Plan
  • NET ind #9650

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 Ohio →

I.B.E.W. Local 38 Pension Plan in the asset neighbourhood

American United Life Insurance Company Employees Retirement Plan and TrustAmerican United Life Insuran…$409MIndiana Electrical Workers Pension PlanIndiana Electrical Workers P…$409MI.B.E.W. Local 38 Pension PlanI.B.E.W. Local 38 Pension Pl…$409MData General Corporation Retirement PlanData General Corporation Ret…$409MEquifax Inc. U.S. Retirement Income PlanEquifax Inc. U.S. Retirement…$409M
End-of-year total assets ($M) among I.B.E.W. Local 38 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)$408M
Net Assets (End of Year)$408M
Net Income$905K
Employer EIN346574238
Plan Effective Date1965-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (IBEW Local 38 Pension Plan)

Sponsor-wide plan assets over time

All IBEW Local 38 Pension Plan plans reported in each filing year

Latest sponsor-wide plan assets
$446M 9.047347987193808% vs 2022
2024 filing year
$400M$420M$440M$460M 202220232024 $409M $446M ▲ +9.0%
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 Scatter plot of 6 data points. 0500010000150002000025000 02468 Total assets ($B) Participants I.B.E.W. Local 38 Pension Plan, Total assets ($B): 0.409005623 · Participants: 1512I.B.E.W. Local 38 Pension PlanFirstenergy Corp. Master Pension Plan, Total assets ($B): 7.559275463 · Participants: 12346Firstenergy Corp. Master Pension PlanNationwide Retirement Plan, Total assets ($B): 5.017579718 · Participants: 22597Nationwide Retirement PlanAmerican Electric Power System Retirement Plan, Total assets ($B): 4.498685298 · Participants: 15837American Electric Power System Retirement PlanOhio Operating Engineers Pension Plan, Total assets ($B): 3.394372488 · Participants: 9749Ohio Operating Engineers Pension PlanLaborers District Council & Contractors Pension Fund of Ohio, Total assets ($B): 2.645337912 · Participants: 13583Laborers District Council & Contractors Pension Fund of Ohio
I.B.E.W. Local 38 Pension Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants
Compare I.B.E.W. Local 38 Pension Plan side-by-side with 3 peers →

I.B.E.W. Local 38 Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Ohio, the nearest Defined Benefit (Pension) by assets is Data General Corporation Retirement Plan in MA ($409M); by covered participants it is IBEW Local 683 Pension Fund Pension Plan in MI (1,512 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,512 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 I.B.E.W. Local 38 Pension Plan assets move in 2022? ▼
I.B.E.W. Local 38 Pension Plan held essentially flat - up 0.3% during 2022, from $408M to $409M. Reported net income was $905K.
How have IBEW Local 38 Pension Plan plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), IBEW Local 38 Pension Plan's sponsor-wide assets grew 9.0%, from $409M to $446M.
Where does I.B.E.W. Local 38 Pension Plan rank by assets among Form 5500 filers? ▼
I.B.E.W. Local 38 Pension Plan ranks in the 98th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to I.B.E.W. Local 38 Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Data General Corporation Retirement Plan in MA ($409M, 377 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to I.B.E.W. Local 38 Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is IBEW Local 683 Pension Fund Pension Plan in MI (1,512 participants, $249M 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 346574238.

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.