Defined Benefit (Pension) · DOL Form 5500 · 2023
Board of Trustees,IBEW Local Union No 5 & Western PA Chapter NECA Pension Plan
Data updated 2026-08-25
- $735M
- Total assets Above avg plan size
- 2,603
- Participants Above avg headcount
- 98th
- Percentile by assets National rank
- $282,350
- Avg per participant High balance/head
Official DOL plan name: Western PA Electrical Employees Pension Trust Fund · Sponsored by Board of Trustees,IBEW Local Union No 5 & Western PA Chapter NECA · Pennsylvania · Construction
$735M in assets, 2,603 participants
Board of Trustees,IBEW Local Union No 5 & Western PA Chapter NECA's Western PA Electrical Employees Pension Trust Fund reported $735M in total assets and 2,603 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.
- #8,868 in Construction (9,030 peers)
Coverage in Pennsylvania
Western PA Electrical Employees Pension Trust Fund covers 2,603 participants in Pennsylvania, 3.2x the typical Pennsylvania plan (state average ~822 per filing). Assets: $735M.
- #8,868
- in Construction (9,030 peers)
- +12.8%
- assets growth YoY
- 7.4×
- vs typical plan assets (national mean)
Western PA Electrical Employees Pension Trust Fund's outsized position by total assets
Western PA Electrical Employees Pension Trust Fund vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$734,957,439 Top 2% higher than 98% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Western PA Electrical Employees Pension Trust Fund's large-plan peer group by participant headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Western PA Electrical Employees Pension Trust Fund lands in the large band (2,603 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Western PA Electrical Employees Pension Trust Fund reported net income rose from -$64M in the plan year 2022 filing to $83M in the plan year 2023 filing.
- Western PA Electrical Employees Pension Trust Fund end-of-year assets rose from $652M in the plan year 2022 filing to $735M in the plan year 2023 filing.
- Western PA Electrical Employees Pension Trust Fund reported participants rose from 2,579 in the plan year 2022 filing to 2,603 in the plan year 2023 filing.
Published 5500 schedule card
Filing strip 256032108 · Board of Trustees,IBEW Local Union No 5 & Western PA Chapter NECA PY 2023 · Defined Benefit (Pension)
Western PA Electrical Employees Pension Trust Fund · $735M · 2,603 · 98th
- EIN $735M
- EIN 2,603
- EIN 98th
- EIN Defined Benefit (Pension)
- EIN near Yum Brands Retirement Plan
- EIN ind #8868
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 Pennsylvania →
Western PA Electrical Employees Pension Trust Fund in the asset neighbourhood
Pennsylvania filing particulars
| Total Assets (Beginning of Year) | $652M |
|---|---|
| Net Assets (End of Year) | $735M |
| Net Income | $83M |
| Employer EIN | 256032108 |
| Plan Effective Date | 1949-02-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees,IBEW Local Union No 5 & Western PA Chapter NECA)
Sponsor-wide plan assets over time
All Board of Trustees,IBEW Local Union No 5 & Western PA Chapter NECA plans reported in each filing year
- Latest sponsor-wide plan assets
- $823M 26.359745959191244% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 2,579 | $652M |
| 2023 | 1 | 2,603 | $735M |
| 2024 | 1 | 2,603 | $823M |
Nearby Defined Benefit (Pension) Plans in Pennsylvania
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- National Elevator Industry Pension Plan $11.2B · 27,434
- Steelworkers Pension Trust $6.6B · 47,052
- The PNC Financial Services Group, Inc. Pension Plan $5.6B · 63,680
- Constellation Retirement Program $5.3B · 5,080
- The Bank of New York Mellon Corporation Pension Plan $5.3B · 7,374
Western PA Electrical Employees Pension Trust Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Pennsylvania, the nearest Defined Benefit (Pension) by assets is Yum Brands Retirement Plan in KY ($734M); by covered participants it is Southern Ohio Medical Center Cash Balance Pension Plan in OH (2,603 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($735M here).
- Yum Brands Retirement Plan (KY) $734M · 3,834
- Huntington Bancshares Retirement Plan (OH) $734M · 3,026
- Bwxt Retirement Plan (VA) $737M · 1,837
- Blue Cross and Blue Shield of Alabama Retirement Plan (AL) $737M · 2,014
Similar participant headcount
Nearest other-state filings by covered participants (2,603 participants); asset peers above are excluded.
- Southern Ohio Medical Center Cash Balance Pension Plan (OH) 2,603 · 0 off
- Freeport Minerals Corporation Retirement Plan (AZ) 2,597 · 6 off
- The Aerospace Employees' Retirement Plan (Aerp) (CA) 2,595 · 8 off
- Sheet Metal Workers' Local 10 Pension Fund (MN) 2,612 · 9 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.