Defined Benefit (Pension) · DOL Form 5500 · 2023

Board of Trustees Iuoe Local 98 Pension Plan Pension Plan

Data updated 2026-08-25

$203M
Total assets Near avg plan size
654
Participants Below avg headcount
95th
Percentile by assets National rank
$310,421
Avg per participant High balance/head
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Official DOL plan name: Iuoe Local 98 Pension Plan · Sponsored by Board of Trustees Iuoe Local 98 Pension Plan · Massachusetts · Construction

$203M in assets, 654 participants

Board of Trustees Iuoe Local 98 Pension Plan's Iuoe Local 98 Pension Plan reported $203M in total assets and 654 participants in its 2023 DOL Form 5500 filing, ranking in the 95th 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.

  • #8,476 in Construction (9,030 peers)

Where Iuoe Local 98 Pension Plan sits by assets

Iuoe Local 98 Pension Plan sits in the top 5% of all filed plans by assets, $203M for 654 participants (~$310,421/participant), up 10.1% in 2023.

#8,476
in Construction (9,030 peers)
+10.1%
assets growth YoY
2.0×
vs typical plan assets (national mean)

Iuoe Local 98 Pension Plan's outsized position by total assets

Iuoe Local 98 Pension Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$203,015,284 Top 5% higher than 95% of 127,068 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 2023

Iuoe Local 98 Pension Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Iuoe Local 98 Pension Plan sits mid-pack in the medium band (654 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Iuoe Local 98 Pension Plan reported net income rose from -$19M in the plan year 2022 filing to $16M in the plan year 2023 filing.
  • Iuoe Local 98 Pension Plan end-of-year assets rose from $184M in the plan year 2022 filing to $203M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 046127765 · Board of Trustees Iuoe Local 98 Pension Plan PY 2023 · Defined Benefit (Pension)

Iuoe Local 98 Pension Plan · $203M · 654 · 95th

  • SCH $203M
  • SCH 654
  • SCH 95th
  • SCH Defined Benefit (Pension)
  • SCH near Ingersoll Rand Industrial U.S., Inc. Pension Plan
  • SCH ind #8476

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 Massachusetts →

Iuoe Local 98 Pension Plan in the asset neighbourhood

Ryerson Pension Plan$204MDrummond Company, Inc. Revised Pension PlanDrummond Company, Inc. Revis…$204MThe Goodyear Tire & Rubber Company Retail Pension PlanThe Goodyear Tire & Rubber C…$203MIuoe Local 98 Pension Plan$203MIngersoll Rand Industrial U.S., Inc. Pension PlanIngersoll Rand Industrial U.…$203M
End-of-year total assets ($M) among Iuoe Local 98 Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$184M
Net Assets (End of Year)$199M
Net Income$16M
Employer EIN046127765
Plan Effective Date1959-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees Iuoe Local 98 Pension Plan)

Sponsor-wide plan assets over time

All Board of Trustees Iuoe Local 98 Pension Plan plans reported in each filing year

Latest sponsor-wide plan assets
$215M 16.87386778927388% vs 2022
2024 filing year
$180M$190M$200M$210M$220M 202220232024 $184M $215M ▲ +16.9%
Year Plans Participants Total Assets
2022 1 656 $184M
2023 1 654 $203M
2024 1 644 $215M

Nearby Defined Benefit (Pension) Plans in Massachusetts

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

Iuoe Local 98 Pension Plan vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Iuoe Local 98 Pension Plan, Total assets ($B): 0.203015284 · Participants: 654Iuoe Local 98 Pension PlanConsolidated Cash Balance Program of Mass General Brigham and Member Organizations, Total assets ($B): 10.325856564 · Participants: 58745Consolidated Cash Balance Program of Mass General Brigham and Member OrganizationsNew England Teamsters Pension Fund, Total assets ($B): 9.092299586 · Participants: 21786New England Teamsters Pension FundLiberty Mutual Retirement Benefit Plan, Total assets ($B): 6.892259637 · Participants: 37145Liberty Mutual Retirement Benefit PlanMassachusetts Institute of Technology Basic Retirement Plan, Total assets ($B): 5.381626447 · Participants: 11888Massachusetts Institute of Technology Basic Retirement PlanN. Atlantic States Carp. Pension Fund, Total assets ($B): 4.973349354 · Participants: 17166N. Atlantic States Carp. Pension Fund
Iuoe Local 98 Pension Plan vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants
Compare Iuoe Local 98 Pension Plan side-by-side with 3 peers →

Iuoe Local 98 Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Massachusetts, the nearest Defined Benefit (Pension) by assets is Ingersoll Rand Industrial U.S., Inc. Pension Plan in NC ($203M); by covered participants it is Syracuse Orthopedic Specialists, P.C. Defined Benefit Pension Plan in NY (654 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($203M here).

Similar participant headcount

Nearest other-state filings by covered participants (654 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Iuoe Local 98 Pension Plan assets move in 2023? ▼
Iuoe Local 98 Pension Plan grew at a solid clip - up 10.1% during 2023, from $184M to $203M. Reported net income was $16M.
How have Board of Trustees Iuoe Local 98 Pension Plan plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees Iuoe Local 98 Pension Plan's sponsor-wide assets grew 16.9%, from $184M to $215M.
Where does Iuoe Local 98 Pension Plan rank by assets among Form 5500 filers? ▼
Iuoe Local 98 Pension Plan ranks in the 95th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Iuoe Local 98 Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Ingersoll Rand Industrial U.S., Inc. Pension Plan in NC ($203M, 992 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Iuoe Local 98 Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Syracuse Orthopedic Specialists, P.C. Defined Benefit Pension Plan in NY (654 participants, $27M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 046127765.

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.