Defined Benefit (Pension) · DOL Form 5500 · 2022

I.B.E.W. Local No. 246 Pension Fund Board of Trustees Pension Plan

Data updated 2026-08-25

$44M
Total assets Below avg plan size
181
Participants Below avg headcount
87th
Percentile by assets National rank
$244,662
Avg per participant Above avg balance/head
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Official DOL plan name: IBEW Local No. 246 Pension Plan · Sponsored by I.B.E.W. Local No. 246 Pension Fund Board of Trustees · Ohio · Construction

$44M in assets, 181 participants

I.B.E.W. Local No. 246 Pension Fund Board of Trustees's IBEW Local No. 246 Pension Plan reported $44M in total assets and 181 participants in its 2022 DOL Form 5500 filing, ranking in the 87th 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.

  • #8,467 in Construction (9,927 peers)

Coverage in Ohio

IBEW Local No. 246 Pension Plan covers 181 participants in Ohio, about 24% of the average Ohio filer (state average ~765 per filing). Assets: $44M.

#8,467
in Construction (9,927 peers)
-8.7%
assets change YoY
0.4×
vs typical plan assets (national mean)

The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

IBEW Local No. 246 Pension Plan's outsized position by total assets

IBEW Local No. 246 Pension Plan vs every filed plan by assets

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

$44,283,778 Top 13% higher than 87% 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 No. 246 Pension Plan 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 No. 246 Pension Plan sits mid-pack in the medium band (181 participants).

EBSA filing schedule strip

Filing strip 346582842 · I.B.E.W. Local No. 246 Pension Fund Board of Trustees PY 2022 · Defined Benefit (Pension)

IBEW Local No. 246 Pension Plan · $44M · 181 · 87th

  • 5500 $44M
  • ASSETS 181
  • PCT 87th
  • EIN Defined Benefit (Pension)
  • RANK near Inspira Medical Centers, Inc. Cash Balance Retirement Plan
  • PHOTO ind #8467

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 Ohio →

IBEW Local No. 246 Pension Plan in the asset neighbourhood

I.B.E.W. Local 139 Pension PlanI.B.E.W. Local 139 Pension P…$44MPetroleum Heat and Power Co., Inc. Retirement PlanPetroleum Heat and Power Co.…$44MIBEW Local No. 246 Pension PlanIBEW Local No. 246 Pension P…$44MInspira Medical Centers, Inc. Cash Balance Retirement PlanInspira Medical Centers, Inc…$44MCedar Park Cemetery Employees' Pension PlanCedar Park Cemetery Employee…$44M
End-of-year total assets ($M) among IBEW Local No. 246 Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Ohio filing particulars

Total Assets (Beginning of Year)$48M
Net Assets (End of Year)$44M
Net Income-$4M
Employer EIN346582842
Plan Effective Date1967-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (I.B.E.W. Local No. 246 Pension Fund Board of Trustees)

Sponsor-wide plan assets over time

All I.B.E.W. Local No. 246 Pension Fund Board of Trustees plans reported in each filing year

Latest sponsor-wide plan assets
$50M 11.879221325696285% vs 2022
2024 filing year
$42M$44M$46M$48M$50M$52M 202220232024 $44.3M $49.5M ▲ +11.9%
Year Plans Participants Total Assets
2022 1 181 $44M
2023 1 156 $48M
2024 1 174 $50M

Nearby Defined Benefit (Pension) Plans in Ohio

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

IBEW Local No. 246 Pension Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 -202468 Total assets ($B) Participants IBEW Local No. 246 Pension Plan, Total assets ($B): 0.044283778 · Participants: 181IBEW Local No. 246 Pension PlanFirstenergy Corp. Master Pension Plan, Total assets ($B): 7.559275463 · Participants: 12346Firstenergy Corp. Master Pension PlanNationwide Retirement Plan, Total assets ($B): 5.017579718 · Participants: 22597Nationwide Retirement PlanAmerican Electric Power System Retirement Plan, Total assets ($B): 4.498685298 · Participants: 15837American Electric Power System Retirement PlanOhio Operating Engineers Pension Plan, Total assets ($B): 3.394372488 · Participants: 9749Ohio Operating Engineers Pension PlanLaborers District Council & Contractors Pension Fund of Ohio, Total assets ($B): 2.645337912 · Participants: 13583Laborers District Council & Contractors Pension Fund of Ohio
IBEW Local No. 246 Pension Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants
Compare IBEW Local No. 246 Pension Plan side-by-side with 3 peers →

IBEW Local No. 246 Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Ohio, the nearest Defined Benefit (Pension) by assets is Inspira Medical Centers, Inc. Cash Balance Retirement Plan in NJ ($44M); by covered participants it is Senior Operations LLC Retirement Plan in IL (181 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (181 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 No. 246 Pension Plan assets move in 2022? ▼
IBEW Local No. 246 Pension Plan pulled back noticeably - down 8.7% during 2022, from $48M to $44M. Reported net income was -$4M.
How have I.B.E.W. Local No. 246 Pension Fund Board of Trustees plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), I.B.E.W. Local No. 246 Pension Fund Board of Trustees's sponsor-wide assets grew 11.9%, from $44M to $50M.
Where does IBEW Local No. 246 Pension Plan rank by assets among Form 5500 filers? ▼
IBEW Local No. 246 Pension Plan ranks in the 87th 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 IBEW Local No. 246 Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Inspira Medical Centers, Inc. Cash Balance Retirement Plan in NJ ($44M, 477 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to IBEW Local No. 246 Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Senior Operations LLC Retirement Plan in IL (181 participants, $44M 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 346582842.

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.