Defined Benefit (Pension) · DOL Form 5500 · 2023

Trustees of IBEW Local No 607 Pension Fund Pension Plan

Data updated 2026-08-25

$20M
Total assets Small plan by assets
161
Participants Small participant base
73rd
Percentile by assets National rank
$125,353
Avg per participant Near avg balance/head
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Official DOL plan name: IBEW Local Union No 607 Pension · Sponsored by Trustees of IBEW Local No 607 Pension Fund · New Jersey · Construction

$20M in assets, 161 participants

Trustees of IBEW Local No 607 Pension Fund's IBEW Local Union No 607 Pension reported $20M in total assets and 161 participants in its 2023 DOL Form 5500 filing, ranking in the 73rd 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.

  • #6,464 in Construction (9,030 peers)

Coverage in New Jersey

IBEW Local Union No 607 Pension covers 161 participants in New Jersey, about 19% of the average New Jersey filer (state average ~844 per filing). Assets: $20M.

#6,464
in Construction (9,030 peers)
+16.0%
assets growth YoY

IBEW Local Union No 607 Pension's outsized position by total assets

IBEW Local Union No 607 Pension vs every filed plan by assets

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

$20,181,791 Top 27% higher than 73% 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

IBEW Local Union No 607 Pension 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. IBEW Local Union No 607 Pension sits mid-pack in the medium band (161 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • IBEW Local Union No 607 Pension reported net income rose from -$4M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • IBEW Local Union No 607 Pension end-of-year assets rose from $17M in the plan year 2022 filing to $20M in the plan year 2023 filing.
  • IBEW Local Union No 607 Pension reported participants rose from 152 in the plan year 2022 filing to 161 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 236423158 · Trustees of IBEW Local No 607 Pension Fund PY 2023 · Defined Benefit (Pension)

IBEW Local Union No 607 Pension · $20M · 161 · 73rd

  • EBSA $20M
  • PART 161
  • TYPE 73rd
  • NET Defined Benefit (Pension)
  • BOOK near Pension Plan of Masonicare Corporation and Its Affiliates
  • VS-ST ind #6464

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 New Jersey →

IBEW Local Union No 607 Pension in the asset neighbourhood

Ironworkers-Laborers Pension Plan of Cumberland MdIronworkers-Laborers Pension…$20MMclaughlin Body Company Hourly Employees' Pension PlanMclaughlin Body Company Hour…$20MIBEW Local Union No 607 PensionIBEW Local Union No 607 Pens…$20MPension Plan of Masonicare Corporation and Its AffiliatesPension Plan of Masonicare C…$20MNational Western Life Insurance Company Pension PlanNational Western Life Insura…$20M
End-of-year total assets ($M) among IBEW Local Union No 607 Pension and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

New Jersey filing particulars

Total Assets (Beginning of Year)$17M
Net Assets (End of Year)$20M
Net Income$3M
Employer EIN236423158
Plan Effective Date1963-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Trustees of IBEW Local No 607 Pension Fund)

Sponsor-wide plan assets over time

All Trustees of IBEW Local No 607 Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$23M 30.581455288579278% vs 2022
2024 filing year
$16M$18M$20M$22M$24M 202220232024 $17.4M $22.7M ▲ +30.6%
Year Plans Participants Total Assets
2022 1 152 $17M
2023 1 161 $20M
2024 1 153 $23M

Nearby Defined Benefit (Pension) Plans in New Jersey

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

IBEW Local Union No 607 Pension vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -50510152025 Total assets ($B) Participants IBEW Local Union No 607 Pension, Total assets ($B): 0.020181791 · Participants: 161IBEW Local Union No 607 PensionRetirement Plan of Johnson and Johnson, Total assets ($B): 21.174819996 · Participants: 37749Retirement Plan of Johnson and JohnsonJPMorgan Chase Retirement Plan, Total assets ($B): 16.279006871 · Participants: 90644JPMorgan Chase Retirement PlanNokia Retirement Income Plan, Total assets ($B): 13.864923 · Participants: 7492Nokia Retirement Income PlanThe Prudential Merged Retirement Plan, Total assets ($B): 12.225782081 · Participants: 16230The Prudential Merged Retirement PlanVerizon Pension Plan for Associates, Total assets ($B): 10.930667796 · Participants: 23778Verizon Pension Plan for Associates
IBEW Local Union No 607 Pension vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants
Compare IBEW Local Union No 607 Pension side-by-side with 3 peers →

IBEW Local Union No 607 Pension's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New Jersey, the nearest Defined Benefit (Pension) by assets is Pension Plan of Masonicare Corporation and Its Affiliates in CT ($20M); by covered participants it is Spire Missouri West Retirement Income Plan in MO (161 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (161 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 IBEW Local Union No 607 Pension assets move in 2023? ▼
IBEW Local Union No 607 Pension grew sharply - up 16.0% during 2023, from $17M to $20M. Reported net income was $3M.
How have Trustees of IBEW Local No 607 Pension Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Trustees of IBEW Local No 607 Pension Fund's sponsor-wide assets grew 30.6%, from $17M to $23M.
Which Defined Benefit (Pension) plans are similar in size to IBEW Local Union No 607 Pension? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Pension Plan of Masonicare Corporation and Its Affiliates in CT ($20M, 63 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to IBEW Local Union No 607 Pension? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Spire Missouri West Retirement Income Plan in MO (161 participants, $90M 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 236423158.

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.