Defined Benefit (Pension) · DOL Form 5500 · 2022

IBEW Local 43 & Electrical Contractors Pension Fund Pension Plan

Data updated 2026-08-11

$225M
Total assets
848
Participants
96th
Percentile by assets
$264,830
Avg per participant
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Official DOL plan name: IBEW Local 43 & Electrical Contractors Pension Fund · Sponsored by IBEW Local 43 & Electrical Contractors Pension Fund · New York · Construction

$225M in assets, 848 participants

IBEW Local 43 & Electrical Contractors Pension Fund's IBEW Local 43 & Electrical Contractors Pension Fund reported $225M in total assets and 848 participants in its 2022 DOL Form 5500 filing, ranking in the 96th 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.

  • 96th percentile by assets (of 139,126 plans)
  • #9,460 in Construction (9,927 peers)

Where IBEW Local 43 & Electrical Contractors Pension Fund sits by assets

IBEW Local 43 & Electrical Contractors Pension Fund sits in the top 5% of all filed plans by assets, $225M for 848 participants (~$264,830/participant), up 6.5% in 2022.

$225M
total plan assets (2022 EOY)
848
covered participants
96th
percentile by assets (of 139,126 plans)
$264,830
avg assets per participant

Where IBEW Local 43 & Electrical Contractors Pension Fund sits by total assets

IBEW Local 43 & Electrical Contractors Pension Fund vs every filed plan by assets

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

$224,576,099 Top 4% higher than 96% of 139,123 filed plans

This plan $0 $2,010,000,000 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

State
New York
Industry
Construction

IBEW Local 43 & Electrical Contractors Pension Fund vs the 2022 asset distribution

By assets, IBEW Local 43 & Electrical Contractors Pension Fund outranks 96% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 2.3x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$211M
Net Assets (End of Year)$224M
Net Income$14M
Employer EIN166153389
Plan Effective Date1962-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (IBEW Local 43 & Electrical Contractors Pension Fund)

$200M$220M$240M$260M$280M 202220232024 $225M $271M ▲ +20.9%
Total plan assets by year, all IBEW Local 43 & Electrical Contractors Pension Fund plans on file
Year Plans Participants Total Assets
2022 1 848 $225M
2023 1 860 $246M
2024 1 893 $271M

Nearby Defined Benefit (Pension) Plans in New York

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

IBEW Local 43 & Electrical Contractors Pension Fund vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants

IBEW Local 43 & Electrical Contractors Pension Fund vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -100102030 Total assets ($B) Participants IBEW Local 43 & Elec…IBM Personal Pension…Consolidated Edison …Pepsico Employees Re…New York State Nurse…New York District Co…
IBEW Local 43 & Electrical Contractors Pension Fund vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants
Compare IBEW Local 43 & Electrical Contractors P… side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to IBEW Local 43 & Electrical Contractors Pension Fund by total assets, not by location.

Frequently Asked Questions

How did IBEW Local 43 & Electrical Contractors Pension Fund assets move in 2022? ▼
IBEW Local 43 & Electrical Contractors Pension Fund grew at a solid clip - up 6.5% during 2022, from $211M to $225M. Reported net income was $14M.
How have IBEW Local 43 & Electrical Contractors Pension Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), IBEW Local 43 & Electrical Contractors Pension Fund's sponsor-wide assets grew 20.9%, from $225M to $271M.
Where does IBEW Local 43 & Electrical Contractors Pension Fund rank by assets among Form 5500 filers? ▼
IBEW Local 43 & Electrical Contractors Pension Fund ranks in the 96th 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 IBEW Local 43 & Electrical Contractors Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Ropes & Gray LLP Pension Plan in MA ($225M, 1,101 participants).

Next read for IBEW Local 43 & Electrical Contractors P…

Scale reading

Ways to act on IBEW Local 43 & Electrical Contractors Pension Fund's numbers.

  • By total assets, IBEW Local 43 & Electrical Contractors Pension Fund 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 New York. Compare plans
  • IBEW Local 43 & Electrical Contractors Pension Fund's sponsor-wide assets have grown 20.9% since 2022 across 3 plan years on file. More Construction plans

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 166153389.

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.