IBEW LOCAL 688 PENSION PLAN
ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.
IBEW LOCAL 688 PENSION PLAN
This Other plan holds $22M in total assets and serves 143 participants as of 2022. It is sponsored by IBEW LOCAL 688 PENSION PLAN in Ohio. The plan reported positive net income of $451K for the year.
What the Filing Says About IBEW LOCAL 688 PENSION PLAN
IBEW LOCAL 688 PENSION PLAN is a Other retirement plan sponsored by IBEW LOCAL 688 PENSION PLAN, headquartered in Ohio. As of the 2022 Form 5500 filing, the plan reports $22M in total end-of-year assets and covers 143 participants across the Construction industry. The sponsor's EIN on file with the U.S. Department of Labor is 346700779, and the plan has been effective since 1973-06-16. Its filing status is currently FILING RECEIVED.
Year over year, total assets moved from $21M at the beginning of 2022 to $22M at year-end — a gain of 2.1%. Net assets (after liabilities) closed the year at $21M, with reported net income of $451K driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 1 prior plan-year filing from the same sponsor shown below.
Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.
Financial Summary (2023)
| Total Assets (Beginning of Year) | $21M |
| Total Assets (End of Year) | $22M |
| Net Assets (End of Year) | $21M |
| Net Income | $451K |
| Plan Type | Other |
| Employer EIN | 346700779 |
| Plan Effective Date | 1973-06-16 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (IBEW LOCAL 688 PENSION PLAN)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 143 | $22M |
| 2023 | 1 | N/A | N/A |
Nearby Other Plans in Ohio
Peer Other plans — same state, same plan type — ranked by total assets.
- OHIO OPERATING ENGINEERS PENSION PLAN $3.6B · 10,029
- LABORERS DISTRICT COUNCIL & CONTRACTORS PENSION FUND OF OHIO $2.7B · 14,152
- THE GOODYEAR TIRE & RUBBER COMPANY 1950 PENSION PLAN $2.3B · 2,309
- MACYS INC CASH ACCOUNT PENSION PLAN $2.0B · 18,751
- IRON WORKERS DISTRICT COUNCIL OF SO OH & VICINITY PENSION TRUST $1.0B · 2,992
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Frequently Asked Questions
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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 346700779.
Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.
Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.
Read our methodology — how this data is sourced, computed, and verified.