Other
2022 plan-year Other DOL Form 5500

IBEW LOCAL NO. 246 PENSION PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

I.B.E.W. LOCAL NO. 246 PENSION FUND BOARD OF TRUSTEES

This Other plan holds $44M in total assets and serves 181 participants as of 2022. It is sponsored by I.B.E.W. LOCAL NO. 246 PENSION FUND BOARD OF TRUSTEES in Ohio. The plan reported a net loss of $4M for the year.

Total Assets (2023)
$44M
Participants
181
State
Industry
Construction

What the Filing Says About IBEW LOCAL NO. 246 PENSION PLAN

IBEW LOCAL NO. 246 PENSION PLAN is a Other retirement plan sponsored by I.B.E.W. LOCAL NO. 246 PENSION FUND BOARD OF TRUSTEES, headquartered in Ohio. As of the 2022 Form 5500 filing, the plan reports $44M in total end-of-year assets and covers 181 participants across the Construction industry. The sponsor's EIN on file with the U.S. Department of Labor is 346582842, and the plan has been effective since 1967-05-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $48M at the beginning of 2022 to $44M at year-end — a decline of 8.7%. Net assets (after liabilities) closed the year at $44M, with reported net income of $-4,034,653 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)$48M
Total Assets (End of Year)$44M
Net Assets (End of Year)$44M
Net Income$-4,034,653
Plan TypeOther
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)

Year Plans Participants Total Assets
2022 1 181 $44M
2023 1 156 $48M

Nearby Other Plans in Ohio

Peer Other plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the IBEW LOCAL NO. 246 PENSION PLAN?
As of the 2022 Form 5500 filing, IBEW LOCAL NO. 246 PENSION PLAN holds $44M in total assets with 181 participants. It is sponsored by I.B.E.W. LOCAL NO. 246 PENSION FUND BOARD OF TRUSTEES.
What type of plan is IBEW LOCAL NO. 246 PENSION PLAN?
IBEW LOCAL NO. 246 PENSION PLAN is a Other plan. It has been effective since 1967-05-01. The plan is filed with the U.S. Department of Labor under EIN 346582842.
Who sponsors the IBEW LOCAL NO. 246 PENSION PLAN?
IBEW LOCAL NO. 246 PENSION PLAN is sponsored by I.B.E.W. LOCAL NO. 246 PENSION FUND BOARD OF TRUSTEES, located in Ohio. The sponsor's EIN is 346582842 and the plan operates in the Construction industry.
How did IBEW LOCAL NO. 246 PENSION PLAN perform in 2022?
IBEW LOCAL NO. 246 PENSION PLAN declined by 8.7% during 2022, moving from $48M to $44M in total assets. Net income was $-4,034,653.
Where can I find official filings for IBEW LOCAL NO. 246 PENSION PLAN?
Official Form 5500 filings for IBEW LOCAL NO. 246 PENSION PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 346582842 or plan name at efast.dol.gov.
How does IBEW LOCAL NO. 246 PENSION PLAN compare to other plans?
You can compare IBEW LOCAL NO. 246 PENSION PLAN against other Other plans on the plan type page, or view plans in Ohio on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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.

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.

Data sourced from official public datasets. See our methodology for details.