Defined Benefit (Pension) · DOL Form 5500 · 2022
Board of Trustees, 701 Pension Fund Pension Plan
Data updated 2026-08-25
- $429M
- Total assets Above avg plan size
- 1,069
- Participants Near avg headcount
- 98th
- Percentile by assets National rank
- $401,247
- Avg per participant High balance/head
Official DOL plan name: IBEW Local 701 Pension Fund · Sponsored by Board of Trustees, 701 Pension Fund · Illinois · Construction
$429M in assets, 1,069 participants
Board of Trustees, 701 Pension Fund's IBEW Local 701 Pension Fund reported $429M in total assets and 1,069 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.
- #9,663 in Construction (9,927 peers)
Where IBEW Local 701 Pension Fund sits by assets
IBEW Local 701 Pension Fund sits in the top 5% of all filed plans by assets, $429M for 1,069 participants (~$401,247/participant), up 0.8% in 2022.
- #9,663
- in Construction (9,927 peers)
- +0.8%
- assets growth YoY
- 4.3×
- vs typical plan assets (national mean)
IBEW Local 701 Pension Fund's outsized position by total assets
IBEW Local 701 Pension Fund vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$428,932,738 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
IBEW Local 701 Pension Fund'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. IBEW Local 701 Pension Fund lands in the large band (1,069 participants).
Form 5500 schedule snapshot
Filing strip 366455509 · Board of Trustees, 701 Pension Fund PY 2022 · Defined Benefit (Pension)
IBEW Local 701 Pension Fund · $429M · 1,069 · 98th
- 5500 $429M
- ASSETS 1,069
- PCT 98th
- EIN Defined Benefit (Pension)
- RANK near Sfb Casualty Ins Co Retirement Plan
- PHOTO ind #9663
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 Illinois →
IBEW Local 701 Pension Fund in the asset neighbourhood
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $426M |
|---|---|
| Net Assets (End of Year) | $429M |
| Net Income | $3M |
| Employer EIN | 366455509 |
| Plan Effective Date | 1971-12-21 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees, 701 Pension Fund)
Sponsor-wide plan assets over time
All Board of Trustees, 701 Pension Fund plans reported in each filing year
- Latest sponsor-wide plan assets
- $946M 22.892382721981793% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 2,849 | $770M |
| 2023 | 2 | 2,820 | $874M |
| 2024 | 2 | 2,826 | $946M |
Nearby Defined Benefit (Pension) Plans in Illinois
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- Central States, Southeast & Southwest Areas Pension Plan $42.6B · 50,096
- State Farm Insurance Companies Retirement Plan for United States Employees $32.1B · 49,052
- United Food & Commercial Workers Intl Union - Industry Pension Fund $8.0B · 20,170
- John Deere Pension Plan for Salaried Employees $7.3B · N/A
- Abbott Laboratories Annuity Retirement Plan $6.8B · 16,809
IBEW Local 701 Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Illinois, the nearest Defined Benefit (Pension) by assets is Sfb Casualty Ins Co Retirement Plan in MS ($429M); by covered participants it is Cement Masons and Plasterers Retirement Plan in WA (1,069 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($429M here).
- Sfb Casualty Ins Co Retirement Plan (MS) $429M · 1,485
- Pension Plan of the Oregon Sheet Metal Workers Master Retirement Trust (OR) $431M · 1,589
- Td Banknorth Inc. Pension Plan (ME) $427M · 1,730
- Southern California Local 831 - Employer Pension Fund (CA) $431M · 494
Similar participant headcount
Nearest other-state filings by covered participants (1,069 participants); asset peers above are excluded.
- Cement Masons and Plasterers Retirement Plan (WA) 1,069 · 0 off
- Engineers Agc Pension Plan of the Inland Empire (WA) 1,070 · 1 off
- The Retirement Plan for Lilly Affiliate Employees in Puerto Rico (PR) 1,067 · 2 off
- Transcanada USA Services Inc. Retirement Plan (TX) 1,072 · 3 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.