Other · DOL Form 5500 · 2023

Joint Board of Trustees of IBEW Local 575 Pension Fund Retirement Plan

Data updated 2026-08-25

$96M
Total assets Below avg plan size
654
Participants Below avg headcount
91st
Percentile by assets National rank
$146,396
Avg per participant Above avg balance/head
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Official DOL plan name: IBEW Local 575 Pension Fund · Sponsored by Joint Board of Trustees of IBEW Local 575 Pension Fund · West Virginia · Construction

$96M in assets, 654 participants

Joint Board of Trustees of IBEW Local 575 Pension Fund's IBEW Local 575 Pension Fund reported $96M in total assets and 654 participants in its 2023 DOL Form 5500 filing, ranking in the 91st 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.

  • #8,065 in Construction (9,030 peers)

Where IBEW Local 575 Pension Fund sits by assets

IBEW Local 575 Pension Fund sits in the top 10% of all filed plans by assets, $96M for 654 participants (~$146,396/participant), up 15.7% in 2023.

#8,065
in Construction (9,030 peers)
+15.7%
assets growth YoY
1.0×
vs typical plan assets (national mean)

IBEW Local 575 Pension Fund's outsized position by total assets

IBEW Local 575 Pension Fund vs every filed plan by assets

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

$95,743,153 Top 9% higher than 91% 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 575 Pension Fund 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 575 Pension Fund sits mid-pack in the medium band (654 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • IBEW Local 575 Pension Fund reported net income rose from -$12M in the plan year 2022 filing to $13M in the plan year 2023 filing.
  • IBEW Local 575 Pension Fund reported participants rose from 535 in the plan year 2022 filing to 654 in the plan year 2023 filing.
  • IBEW Local 575 Pension Fund end-of-year assets rose from $83M in the plan year 2022 filing to $96M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 621059603 · Joint Board of Trustees of IBEW Local 575 Pension Fund PY 2023 · Other

IBEW Local 575 Pension Fund · $96M · 654 · 91st

  • IND $96M
  • IND 654
  • IND 91st
  • IND Other
  • IND near Washington College Defined Contribution Retirement Plan
  • IND ind #8065

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 West Virginia →

IBEW Local 575 Pension Fund in the asset neighbourhood

IBEW Local 575 Pension Fund$96MWashington College Defined Contribution Retirement PlanWashington College Defined C…$96MCbwchc 403(b) Plan$96MUniversity of Mount Union Defined Contribution Retirement PlanUniversity of Mount Union De…$96MSheet Metal Workers Local Union No 20 Defined Contribution Pension PlanSheet Metal Workers Local Un…$95M
End-of-year total assets ($M) among IBEW Local 575 Pension Fund and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$83M
Net Assets (End of Year)$96M
Net Income$13M
Employer EIN621059603
Plan Effective Date1979-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Joint Board of Trustees of IBEW Local 575 Pension Fund)

Sponsor-wide plan assets over time

All Joint Board of Trustees of IBEW Local 575 Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$112M 35.957805326016% vs 2022
2024 filing year
$70M$80M$90M$100M$110M$120M 202220232024 $82.7M $112M ▲ +36.0%
Year Plans Participants Total Assets
2022 1 535 $83M
2023 1 654 $96M
2024 1 718 $112M

Nearby Other Plans in West Virginia

Peer Other plans, same state, same plan type, ranked by total assets.

IBEW Local 575 Pension Fund vs. nearby Other plans in West Virginia, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 00.511.52 Total assets ($B) Participants IBEW Local 575 Pension Fund, Total assets ($B): 0.095743153 · Participants: 654IBEW Local 575 Pension FundWest Virginia University Health System 403(b) Retirement Savings Plan, Total assets ($B): 1.467425337 · Participants: 25400West Virginia University Health System 403(b) Retirement Savings PlanMaryland Electrical Industry Severance & Annuity F, Total assets ($B): 0.291868473 · Participants: 2645Maryland Electrical Industry Severance & Annuity FWest Virginia University Medical Corporation 403(b) Plan, Total assets ($B): 0.281583387 · Participants: 1761West Virginia University Medical Corporation 403(b) PlanCamc Health System, Inc. Retirement Savings Plan, Total assets ($B): 0.228152181 · Participants: 0Camc Health System, Inc. Retirement Savings PlanLocal Union 317 Electrical Pension Plan, Total assets ($B): 0.159972427 · Participants: 744Local Union 317 Electrical Pension Plan
IBEW Local 575 Pension Fund vs. nearby Other plans in West Virginia, assets vs. participants
Compare IBEW Local 575 Pension Fund side-by-side with 3 peers →

IBEW Local 575 Pension Fund's out-of-state Other peers by assets and headcount

Outside West Virginia, the nearest Other by assets is Washington College Defined Contribution Retirement Plan in MD ($96M); by covered participants it is Littleton Regional Healthcare Retirement Plan in NH (654 participants). Same-state nearby plans are listed separately above.

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 IBEW Local 575 Pension Fund assets move in 2023? ▼
IBEW Local 575 Pension Fund grew sharply - up 15.7% during 2023, from $83M to $96M. Reported net income was $13M.
How have Joint Board of Trustees of IBEW Local 575 Pension Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Joint Board of Trustees of IBEW Local 575 Pension Fund's sponsor-wide assets grew 36.0%, from $83M to $112M.
Where does IBEW Local 575 Pension Fund rank by assets among Form 5500 filers? ▼
IBEW Local 575 Pension Fund ranks in the 91st percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which Other plans are similar in size to IBEW Local 575 Pension Fund? ▼
Among Other plans in other states, the closest by assets is Washington College Defined Contribution Retirement Plan in MD ($96M, 444 participants).
Which Other plans cover a similar participant headcount to IBEW Local 575 Pension Fund? ▼
Among Other plans in other states, the closest by covered participants is Littleton Regional Healthcare Retirement Plan in NH (654 participants, $56M 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 621059603.

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.