Money Purchase · DOL Form 5500 · 2022

IBEW Local 508 Pension Fund Money Purchase Plan

Data updated 2026-08-25

$64M
Total assets Below avg plan size
768
Participants Near avg headcount
90th
Percentile by assets National rank
$82,759
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

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.

  • #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.

#8,760
in Construction (9,927 peers)
+8.4%
assets growth YoY
0.6×
vs typical plan assets (national mean)

IBEW Local 508 Pension Fund's outsized position by total assets

IBEW Local 508 Pension Fund vs every filed plan by assets

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

$63,559,174 Top 10% higher than 90% 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 508 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. IBEW Local 508 Pension Fund sits mid-pack in the medium band (768 participants).

Plan-year Form 5500 strip

Filing strip 586117431 · IBEW Local 508 Pension Fund PY 2022 · Money Purchase

IBEW Local 508 Pension Fund · $64M · 768 · 90th

  • PCT $64M
  • EIN 768
  • RANK 90th
  • PHOTO Money Purchase
  • IND near Plumbers & Pipefitters Local Union #51 Annuity Plan
  • EOY ind #8760

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 Georgia →

IBEW Local 508 Pension Fund in the asset neighbourhood

Plumbers & Pipefitters Local Union #51 Annuity PlanPlumbers & Pipefitters Local…$64MIBEW Local 508 Pension Fund$64MIndiana University Foundation, Inc. Sec. 403(b) DC Rtmt PlanIndiana University Foundatio…$63MPlumbers & Pipefitters Local 152 Retirement AnnuitPlumbers & Pipefitters Local…$63MBrady Funded Retirement Plan$63M
End-of-year total assets ($M) among IBEW Local 508 Pension Fund and nearest nationwide Money Purchase peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$59M
Net Assets (End of Year)$63M
Net Income$5M
Employer EIN586117431
Plan Effective Date1984-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (IBEW Local 508 Pension Fund)

Sponsor-wide plan assets over time

All IBEW Local 508 Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$83M 30.922420420378653% vs 2022
2024 filing year
$60M$70M$80M$90M 202220232024 $63.6M $83.2M ▲ +30.9%
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 Scatter plot of 6 data points. 0500100015002000 20406080 Total assets ($M) Participants IBEW Local 508 Pension Fund, Total assets ($M): 63.559174 · Participants: 768IBEW Local 508 Pension FundValmet, Inc. Pension Plan and Trust, Total assets ($M): 69.197022 · Participants: 1455Valmet, Inc. Pension Plan and TrustAu Medical Associates Employees' Money Purchase Pension Plan, Total assets ($M): 24.937137 · Participants: 241Au Medical Associates Employees' Money Purchase Pension PlanAu Medical Associates Employees' Money Purchase Pension Plan, Total assets ($M): 24.227718 · Participants: 335Au Medical Associates Employees' Money Purchase Pension PlanAu Medical Associates Employees' Money Purchase Pension Plan, Total assets ($M): 23.074155 · Participants: 323Au Medical Associates Employees' Money Purchase Pension PlanAu Medical Associates Employees' Money Purchase Pension Plan, Total assets ($M): 22.421337 · Participants: 303Au Medical Associates Employees' Money Purchase Pension Plan
IBEW Local 508 Pension Fund vs. nearby Money Purchase plans in Georgia, assets vs. participants
Compare IBEW Local 508 Pension Fund side-by-side with 3 peers →

IBEW Local 508 Pension Fund's out-of-state Money Purchase peers by assets and headcount

Outside Georgia, the nearest Money Purchase by assets is Plumbers & Pipefitters Local Union #51 Annuity Plan in RI ($64M); by covered participants it is Community Action Partnership of Kern 401(a) Plan in CA (767 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (768 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 508 Pension Fund assets move in 2022? ▼
IBEW Local 508 Pension Fund grew at a solid clip - up 8.4% during 2022, from $59M to $64M. Reported net income was $5M.
How have IBEW Local 508 Pension Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), IBEW Local 508 Pension Fund's sponsor-wide assets grew 30.9%, from $64M to $83M.
Where does IBEW Local 508 Pension Fund rank by assets among Form 5500 filers? ▼
IBEW Local 508 Pension Fund ranks in the 90th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which Money Purchase plans are similar in size to IBEW Local 508 Pension Fund? ▼
Among Money Purchase plans in other states, the closest by assets is Plumbers & Pipefitters Local Union #51 Annuity Plan in RI ($64M, 1,261 participants).
Which Money Purchase plans cover a similar participant headcount to IBEW Local 508 Pension Fund? ▼
Among Money Purchase plans in other states, the closest by covered participants is Community Action Partnership of Kern 401(a) Plan in CA (767 participants, $23M 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 586117431.

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.