Defined Benefit (Pension) · DOL Form 5500 · 2022

Joint Board of Trustees of I.B.E.W. 490 Pension Pension Plan

Data updated 2026-08-25

$58M
Total assets Below avg plan size
262
Participants Below avg headcount
89th
Percentile by assets National rank
$220,600
Avg per participant Above avg balance/head
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Official DOL plan name: I.B.E.W. Local 490 Pension Fund · Sponsored by Joint Board of Trustees of I.B.E.W. 490 Pension · New Hampshire · Construction

$58M in assets, 262 participants

Joint Board of Trustees of I.B.E.W. 490 Pension's I.B.E.W. Local 490 Pension Fund reported $58M in total assets and 262 participants in its 2022 DOL Form 5500 filing, ranking in the 89th 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.

  • #8,679 in Construction (9,927 peers)

Where I.B.E.W. Local 490 Pension Fund sits by assets

I.B.E.W. Local 490 Pension Fund sits in the top quartile of all filed plans by assets, $58M for 262 participants (~$220,600/participant), down 3.9% in 2022.

#8,679
in Construction (9,927 peers)
-3.9%
assets change YoY
0.6×
vs typical plan assets (national mean)

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

I.B.E.W. Local 490 Pension Fund's outsized position by total assets

I.B.E.W. Local 490 Pension Fund vs every filed plan by assets

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

$57,797,272 Top 11% higher than 89% 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 490 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. I.B.E.W. Local 490 Pension Fund sits mid-pack in the medium band (262 participants).

Plan-year Form 5500 strip

Filing strip 026026500 · Joint Board of Trustees of I.B.E.W. 490 Pension PY 2022 · Defined Benefit (Pension)

I.B.E.W. Local 490 Pension Fund · $58M · 262 · 89th

  • PHOTO $58M
  • PHOTO 262
  • PHOTO 89th
  • PHOTO Defined Benefit (Pension)
  • PHOTO near Major League Baseball Pension Plan for Non-Uniformed Personnel
  • PHOTO ind #8679

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 Hampshire →

I.B.E.W. Local 490 Pension Fund in the asset neighbourhood

Retirement Plan for Salaried Employees of the Hillman CompanyRetirement Plan for Salaried…$58MUnion Mutual Fund Pension PlanUnion Mutual Fund Pension Pl…$58MI.B.E.W. Local 490 Pension FundI.B.E.W. Local 490 Pension F…$58MMajor League Baseball Pension Plan for Non-Uniformed PersonnelMajor League Baseball Pensio…$58MCarpenters Local No 491 Pension PlanCarpenters Local No 491 Pens…$58M
End-of-year total assets ($M) among I.B.E.W. Local 490 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)$60M
Net Assets (End of Year)$58M
Net Income-$2M
Employer EIN026026500
Plan Effective Date1964-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Joint Board of Trustees of I.B.E.W. 490 Pension)

Sponsor-wide plan assets over time

All Joint Board of Trustees of I.B.E.W. 490 Pension plans reported in each filing year

Latest sponsor-wide plan assets
$70M 21.03424881368103% vs 2022
2024 filing year
$55M$60M$65M$70M$75M 202220232024 $57.8M $70M ▲ +21.0%
Year Plans Participants Total Assets
2022 1 262 $58M
2023 1 245 $66M
2024 1 237 $70M

Nearby Defined Benefit (Pension) Plans in New Hampshire

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

I.B.E.W. Local 490 Pension Fund vs. nearby Defined Benefit (Pension) plans in New Hampshire, assets vs. participants Scatter plot of 6 data points. 0500100015002000 0200400600800 Total assets ($M) Participants I.B.E.W. Local 490 Pension Fund, Total assets ($M): 57.797272 · Participants: 262I.B.E.W. Local 490 Pension FundPension Plan for Employees of Dartmouth-Hitchcock, Total assets ($M): 621.458768 · Participants: 1798Pension Plan for Employees of Dartmouth-HitchcockRetirement Plan for Employees of Concord Hospital - Laconia, Total assets ($M): 343.295002 · Participants: 721Retirement Plan for Employees of Concord Hospital - LaconiaElliot Health System Pension Plan, Total assets ($M): 285.729766 · Participants: 568Elliot Health System Pension PlanOsram Sylvania Pension Plan, Total assets ($M): 209.216781 · Participants: 325Osram Sylvania Pension PlanCatholic Medical Center Pension Plan, Total assets ($M): 206.287725 · Participants: 438Catholic Medical Center Pension Plan
I.B.E.W. Local 490 Pension Fund vs. nearby Defined Benefit (Pension) plans in New Hampshire, assets vs. participants
Compare I.B.E.W. Local 490 Pension Fund side-by-side with 3 peers →

I.B.E.W. Local 490 Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New Hampshire, the nearest Defined Benefit (Pension) by assets is Major League Baseball Pension Plan for Non-Uniformed Personnel in MD ($58M); by covered participants it is Esco Corporation Pension Plan in TX (262 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (262 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 490 Pension Fund assets move in 2022? ▼
I.B.E.W. Local 490 Pension Fund edged down modestly - down 3.9% during 2022, from $60M to $58M. Reported net income was -$2M.
How have Joint Board of Trustees of I.B.E.W. 490 Pension plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Joint Board of Trustees of I.B.E.W. 490 Pension's sponsor-wide assets grew 21.0%, from $58M to $70M.
Where does I.B.E.W. Local 490 Pension Fund rank by assets among Form 5500 filers? ▼
I.B.E.W. Local 490 Pension Fund ranks in the 89th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to I.B.E.W. Local 490 Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Major League Baseball Pension Plan for Non-Uniformed Personnel in MD ($58M, 190 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to I.B.E.W. Local 490 Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Esco Corporation Pension Plan in TX (262 participants, $120M 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 026026500.

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.