Defined Benefit (Pension) · DOL Form 5500 · 2022

Joint Board of Trustees Electrical Workers Local 103 IBEW Pension Plan

Data updated 2026-08-25

$1.6B
Total assets Very large vs avg
5,947
Participants Above avg headcount
99th
Percentile by assets National rank
$276,999
Avg per participant High balance/head
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Official DOL plan name: Electrical Workers Pension Plan Local 103 I.B.E.W. · Sponsored by Joint Board of Trustees Electrical Workers Local 103 IBEW · Massachusetts · Construction

$1.6B in assets, 5,947 participants

Joint Board of Trustees Electrical Workers Local 103 IBEW's Electrical Workers Pension Plan Local 103 I.B.E.W. reported $1.6B in total assets and 5,947 participants in its 2022 DOL Form 5500 filing, ranking in the 99th 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.

  • #9,871 in Construction (9,927 peers)

Coverage in Massachusetts

Electrical Workers Pension Plan Local 103 I.B.E.W. covers 5,947 participants in Massachusetts, 9.0x the typical Massachusetts plan (state average ~659 per filing). Assets: $1.6B.

#9,871
in Construction (9,927 peers)
+5.6%
assets growth YoY
17×
vs typical plan assets (national mean)

Electrical Workers Pension Plan Local 103 I.B.E.W.'s outsized position by total assets

Electrical Workers Pension Plan Local 103 I.B.E.W. vs every filed plan by assets

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

$1,647,310,156 Top 1% higher than 99% 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

Electrical Workers Pension Plan Local 103 I.B.E.W.'s large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Electrical Workers Pension Plan Local 103 I.B.E.W. lands in the large band (5,947 participants).

Form 5500 schedule snapshot

Filing strip 046063734 · Joint Board of Trustees Electrical Workers Local 103 IBEW PY 2022 · Defined Benefit (Pension)

Electrical Workers Pension Plan Local 103 I.B.E.W. · $1.6B · 5,947 · 99th

  • 5500 $1.6B
  • ASSETS 5,947
  • PCT 99th
  • EIN Defined Benefit (Pension)
  • RANK near Johnson Controls Pension Plan
  • PHOTO ind #9871

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 →

Electrical Workers Pension Plan Local 103 I.B.E.W. in the asset neighbourhood

Liuna Staff and Affiliates Pension FundLiuna Staff and Affiliates P…$1.7BKpmg Partner Pension Plan$1.7BElectrical Workers Pension Plan Local 103 I.B.E.W.Electrical Workers Pension P…$1.6BJohnson Controls Pension Plan$1.7BOperating Engineers' Local 324 Pension FundOperating Engineers' Local 3…$1.6B
End-of-year total assets ($B) among Electrical Workers Pension Plan Local 103 I.B.E.W. and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Massachusetts filing particulars

Total Assets (Beginning of Year)$1.6B
Net Assets (End of Year)$1.5B
Net Income$52M
Employer EIN046063734
Plan Effective Date1958-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Joint Board of Trustees Electrical Workers Local 103 IBEW)

Sponsor-wide plan assets over time

All Joint Board of Trustees Electrical Workers Local 103 IBEW plans reported in each filing year

Latest sponsor-wide plan assets
$1.9B 14.793305930422493% vs 2022
2023 filing year
$1.6B$1.7B$1.8B$1.9B$2B 20222023 $1.65B $1.89B ▲ +14.5%
Year Plans Participants Total Assets
2022 1 5,947 $1.6B
2023 1 6,014 $1.9B

Nearby Defined Benefit (Pension) Plans in Massachusetts

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

Electrical Workers Pension Plan Local 103 I.B.E.W. vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. 0200004000060000 0246810 Total assets ($B) Participants Electrical Workers Pension Plan Local 103 I.B.E.W., Total assets ($B): 1.647310156 · Participants: 5947Electrical Workers Pension Plan Local 103 I.B.E.W.Consolidated Cash Balance Program of Mass General Brigham and Member Organizations, Total assets ($B): 9.07532048 · Participants: 55495Consolidated Cash Balance Program of Mass General Brigham and Member OrganizationsLiberty Mutual Retirement Benefit Plan, Total assets ($B): 6.756596242 · Participants: 33087Liberty Mutual Retirement Benefit PlanMassachusetts Institute of Technology Basic Retirement Plan, Total assets ($B): 5.281152611 · Participants: 11835Massachusetts Institute of Technology Basic Retirement PlanN. Atlantic States Carp. Pension Fund, Total assets ($B): 4.758508912 · Participants: 17323N. Atlantic States Carp. Pension FundN. Atlantic States Carp. Guaranteed Annuity Fund, Total assets ($B): 3.594095954 · Participants: 10962N. Atlantic States Carp. Guaranteed Annuity Fund
Electrical Workers Pension Plan Local 103 I.B.E.W. vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants
Compare Electrical Workers Pension Plan Local 103 I.B.E.W. side-by-side with 3 peers →

Electrical Workers Pension Plan Local 103 I.B.E.W.'s out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Massachusetts, the nearest Defined Benefit (Pension) by assets is Johnson Controls Pension Plan in WI ($1.7B); by covered participants it is Central Pennsylvania Teamsters Defined Benefit Plan in PA (5,925 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1.6B here).

Similar participant headcount

Nearest other-state filings by covered participants (5,947 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 Electrical Workers Pension Plan Local 103 I.B.E.W. assets move in 2022? ▼
Electrical Workers Pension Plan Local 103 I.B.E.W. grew at a solid clip - up 5.6% during 2022, from $1.6B to $1.6B. Reported net income was $52M.
How have Joint Board of Trustees Electrical Workers Local 103 IBEW plan assets changed over time? ▼
Across 2 plan years on file (2022-2023), Joint Board of Trustees Electrical Workers Local 103 IBEW's sponsor-wide assets grew 14.8%, from $1.6B to $1.9B.
Where does Electrical Workers Pension Plan Local 103 I.B.E.W. rank by assets among Form 5500 filers? ▼
Electrical Workers Pension Plan Local 103 I.B.E.W. ranks in the 99th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to Electrical Workers Pension Plan Local 103 I.B.E.W.? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Johnson Controls Pension Plan in WI ($1.7B, 28 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Electrical Workers Pension Plan Local 103 I.B.E.W.? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Central Pennsylvania Teamsters Defined Benefit Plan in PA (5,925 participants, $1.2B 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 046063734.

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.