Defined Benefit (Pension) · DOL Form 5500 · 2022

Trustees of IBEW Local No. 7 Pension Plan Pension Plan

Data updated 2026-08-25

$67M
Total assets Below avg plan size
564
Participants Below avg headcount
90th
Percentile by assets National rank
$117,934
Avg per participant Below avg balance/head
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Official DOL plan name: IBEW Local 7 Pension Fund · Sponsored by Trustees of IBEW Local No. 7 Pension Plan · Connecticut · Construction

$67M in assets, 564 participants

Trustees of IBEW Local No. 7 Pension Plan's IBEW Local 7 Pension Fund reported $67M in total assets and 564 participants in its 2022 DOL Form 5500 filing, ranking in the 90th 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.

  • #8,799 in Construction (9,927 peers)

Where IBEW Local 7 Pension Fund sits by assets

IBEW Local 7 Pension Fund sits in the top 10% of all filed plans by assets, $67M for 564 participants (~$117,934/participant), up 3.2% in 2022.

#8,799
in Construction (9,927 peers)
+3.2%
assets growth YoY
0.7×
vs typical plan assets (national mean)

IBEW Local 7 Pension Fund's outsized position by total assets

IBEW Local 7 Pension Fund vs every filed plan by assets

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

$66,515,052 Top 10% higher than 90% 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 7 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 7 Pension Fund sits mid-pack in the medium band (564 participants).

Plan-year Form 5500 strip

Filing strip 042314259 · Trustees of IBEW Local No. 7 Pension Plan PY 2022 · Defined Benefit (Pension)

IBEW Local 7 Pension Fund · $67M · 564 · 90th

  • VS-ST $67M
  • VS-ST 564
  • VS-ST 90th
  • VS-ST Defined Benefit (Pension)
  • VS-ST near Electricians Pension Plan, IBEW 995
  • VS-ST ind #8799

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 Connecticut →

IBEW Local 7 Pension Fund in the asset neighbourhood

Retirement Plan for Hourly Paid Employees of Gaf Materials LLCRetirement Plan for Hourly P…$67MIBEW Local 7 Pension Fund$67MElectricians Pension Plan, IBEW 995Electricians Pension Plan, I…$66MPatelco Credit Union Pension PlanPatelco Credit Union Pension…$66MStone and Marble Masons of Metropolitan Washington D.C. Pension FundStone and Marble Masons of M…$66M
End-of-year total assets ($M) among IBEW Local 7 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)$64M
Net Assets (End of Year)$67M
Net Income$2M
Employer EIN042314259
Plan Effective Date1963-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Trustees of IBEW Local No. 7 Pension Plan)

Sponsor-wide plan assets over time

All Trustees of IBEW Local No. 7 Pension Plan plans reported in each filing year

Latest sponsor-wide plan assets
$86M 29.026015043933214% vs 2022
2024 filing year
$60M$70M$80M$90M 202220232024 $66.5M $85.8M ▲ +29.0%
Year Plans Participants Total Assets
2022 1 564 $67M
2023 1 601 $78M
2024 1 620 $86M

Nearby Defined Benefit (Pension) Plans in Connecticut

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

IBEW Local 7 Pension Fund vs. nearby Defined Benefit (Pension) plans in Connecticut, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -1001020304050 Total assets ($B) Participants IBEW Local 7 Pension Fund, Total assets ($B): 0.066515052 · Participants: 564IBEW Local 7 Pension FundGE Pension Plan, Total assets ($B): 45.011810846 · Participants: 24626GE Pension PlanRaytheon Company Pension Plan for Salaried Employees, Total assets ($B): 11.559983892 · Participants: 13495Raytheon Company Pension Plan for Salaried EmployeesThe Citigroup Pension Plan, Total assets ($B): 10.501575547 · Participants: 18484The Citigroup Pension PlanEversource Pension Plan, Total assets ($B): 5.933906102 · Participants: 4126Eversource Pension PlanRetirement Plan for Employees of Aetna Inc., Total assets ($B): 5.359687499 · Participants: 11471Retirement Plan for Employees of Aetna Inc.
IBEW Local 7 Pension Fund vs. nearby Defined Benefit (Pension) plans in Connecticut, assets vs. participants
Compare IBEW Local 7 Pension Fund side-by-side with 3 peers →

IBEW Local 7 Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Connecticut, the nearest Defined Benefit (Pension) by assets is Electricians Pension Plan, IBEW 995 in LA ($66M); by covered participants it is Nalc Annuity Trust Fund in VA (564 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (564 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 7 Pension Fund assets move in 2022? ▼
IBEW Local 7 Pension Fund edged up modestly - up 3.2% during 2022, from $64M to $67M. Reported net income was $2M.
How have Trustees of IBEW Local No. 7 Pension Plan plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Trustees of IBEW Local No. 7 Pension Plan's sponsor-wide assets grew 29.0%, from $67M to $86M.
Where does IBEW Local 7 Pension Fund rank by assets among Form 5500 filers? ▼
IBEW Local 7 Pension Fund ranks in the 90th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to IBEW Local 7 Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Electricians Pension Plan, IBEW 995 in LA ($66M, 537 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to IBEW Local 7 Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Nalc Annuity Trust Fund in VA (564 participants, $345M 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 042314259.

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.