Money Purchase · DOL Form 5500 · 2022
IBEW Local 508 Pension Fund Money Purchase Plan
Data updated 2026-08-11
- $64M
- Total assets
- 768
- Participants
- 90th
- Percentile by assets
- $82,759
- Avg per participant
Official DOL plan name: IBEW Local 508 Pension Fund · Sponsored by IBEW Local 508 Pension Fund · Georgia · Construction
$64M in assets, 768 participants
IBEW Local 508 Pension Fund's IBEW Local 508 Pension Fund reported $64M in total assets and 768 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.
- 90th percentile by assets (of 139,126 plans)
- #8,760 in Construction (9,927 peers)
Where IBEW Local 508 Pension Fund sits by assets
IBEW Local 508 Pension Fund sits in the top 10% of all filed plans by assets, $64M for 768 participants (~$82,759/participant), up 8.4% in 2022.
- $64M
- total plan assets (2022 EOY)
- 768
- covered participants
- 90th
- percentile by assets (of 139,126 plans)
- $82,759
- avg assets per participant
IBEW Local 508 Pension Fund vs the 2022 asset distribution
By assets, IBEW Local 508 Pension Fund outranks 90% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.6x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $59M |
|---|---|
| Net Assets (End of Year) | $63M |
| Net Income | $5M |
| Employer EIN | 586117431 |
| Plan Effective Date | 1984-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (IBEW Local 508 Pension Fund)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 768 | $64M |
| 2023 | 1 | 769 | $74M |
| 2024 | 1 | 786 | $83M |
Nearby Money Purchase Plans in Georgia
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
IBEW Local 508 Pension Fund vs. nearby Money Purchase plans in Georgia, assets vs. participants
- Valmet, Inc. Pension Plan and Trust $69M · 1,455
- Au Medical Associates Employees' Money Purchase Pension Plan $25M · 241
- Au Medical Associates Employees' Money Purchase Pension Plan $24M · 335
- Au Medical Associates Employees' Money Purchase Pension Plan $23M · 323
- Au Medical Associates Employees' Money Purchase Pension Plan $22M · 303
Similar-Sized Money Purchase Plans Nationally
Money Purchase plans in other states closest to IBEW Local 508 Pension Fund by total assets, not by location.
- Plumbers & Pipefitters Local Union #51 Annuity Plan (RI) $64M · 1,261
- Indiana University Foundation, Inc. Sec. 403(b) DC Rtmt Plan (IN) $63M · 232
- Plumbers & Pipefitters Local 152 Retirement Annuit (WV) $63M · 3,241
- Brady Funded Retirement Plan (WI) $63M · 1,132
Frequently Asked Questions
How did IBEW Local 508 Pension Fund assets move in 2022? ▼
How have IBEW Local 508 Pension Fund plan assets changed over time? ▼
Where does IBEW Local 508 Pension Fund rank by assets among Form 5500 filers? ▼
Which Money Purchase plans are similar in size to IBEW Local 508 Pension Fund? ▼
Next read for IBEW Local 508 Pension Fund
Scale reading
Ways to act on IBEW Local 508 Pension Fund's numbers.
- By total assets, IBEW Local 508 Pension Fund ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Money Purchase plans in Georgia. Compare plans
- IBEW Local 508 Pension Fund's sponsor-wide assets have grown 30.9% since 2022 across 3 plan years on file. More Construction plans