Defined Benefit (Pension) · DOL Form 5500 · 2022

IBEW Local 43 & Electrical Contractors Pension Fund Pension Plan

Data updated 2026-08-25

$225M
Total assets Near avg plan size
848
Participants Near avg headcount
96th
Percentile by assets National rank
$264,830
Avg per participant High balance/head
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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.

  • #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.

#9,460
in Construction (9,927 peers)
+6.5%
assets growth YoY
2.3×
vs typical plan assets (national mean)

IBEW Local 43 & Electrical Contractors Pension Fund's outsized position 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 $2,050,000,000 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 Local 43 & Electrical Contractors Pension Fund 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 Local 43 & Electrical Contractors Pension Fund sits mid-pack in the medium band (848 participants).

Published 5500 schedule card

Filing strip 166153389 · IBEW Local 43 & Electrical Contractors Pension Fund PY 2022 · Defined Benefit (Pension)

IBEW Local 43 & Electrical Contractors Pension Fund · $225M · 848 · 96th

  • IND $225M
  • EOY 848
  • 5500 96th
  • ASSETS Defined Benefit (Pension)
  • PCT near Ropes & Gray LLP Pension Plan
  • EIN ind #9460

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 New York →

IBEW Local 43 & Electrical Contractors Pension Fund in the asset neighbourhood

IBEW Local 43 & Electrical Contractors Pension FundIBEW Local 43 & Electrical C…$225MRopes & Gray LLP Pension Plan$225MAmersham Health Retirement PlanAmersham Health Retirement P…$224MCampbell Soup Company Retirement and Pension Plan for Employees Covered by Collective Bargaining AgreementsCampbell Soup Company Retire…$224MGatx Corporation Noncontributory Pension Plan for Salaried EmployeesGatx Corporation Noncontribu…$224M
End-of-year total assets ($M) among IBEW Local 43 & Electrical Contractors Pension Fund and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

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)

Sponsor-wide plan assets over time

All IBEW Local 43 & Electrical Contractors Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$271M 20.87157013088913% vs 2022
2024 filing year
$200M$220M$240M$260M$280M 202220232024 $225M $271M ▲ +20.9%
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 Scatter plot of 6 data points. -500005000100001500020000 -100102030 Total assets ($B) Participants IBEW Local 43 & Electrical Contractors Pension Fund, Total assets ($B): 0.224576099 · Participants: 848IBEW Local 43 & Electrical Contractors Pension FundIBM Personal Pension Plan, Total assets ($B): 25.511753238 · Participants: 16431IBM Personal Pension PlanConsolidated Edison Retirement Plan, Total assets ($B): 15.815266303 · Participants: 11303Consolidated Edison Retirement PlanPepsico Employees Retirement Plan I, Total assets ($B): 7.656963 · Participants: 11386Pepsico Employees Retirement Plan INew York State Nurses Association Pension Plan, Total assets ($B): 5.019503014 · Participants: 18592New York State Nurses Association Pension PlanNew York District Council of Carpenters Pension Pl, Total assets ($B): 4.837058087 · Participants: 11318New York District Council of Carpenters Pension Pl
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 Pension Fund side-by-side with 3 peers →

IBEW Local 43 & Electrical Contractors Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New York, the nearest Defined Benefit (Pension) by assets is Ropes & Gray LLP Pension Plan in MA ($225M); by covered participants it is Ncci Holdings, Inc. Employees' Retirement Plan in FL (846 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (848 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 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).
Which Defined Benefit (Pension) plans cover a similar participant headcount to IBEW Local 43 & Electrical Contractors Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Ncci Holdings, Inc. Employees' Retirement Plan in FL (846 participants, $41M 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 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.