Defined Benefit (Pension) · DOL Form 5500 · 2023

Trustees of IBEW Local Union No 479 Pension Trust Fund Pension Plan

Data updated 2026-08-25

$145M
Total assets Near avg plan size
595
Participants Below avg headcount
93rd
Percentile by assets National rank
$243,395
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: IBEW Local Union No. 479 Pension Trust Fund · Sponsored by Trustees of IBEW Local Union No 479 Pension Trust Fund · Texas · Construction

$145M in assets, 595 participants

Trustees of IBEW Local Union No 479 Pension Trust Fund's IBEW Local Union No. 479 Pension Trust Fund reported $145M in total assets and 595 participants in its 2023 DOL Form 5500 filing, ranking in the 93rd 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.

  • #8,297 in Construction (9,030 peers)

Where IBEW Local Union No. 479 Pension Trust Fund sits by assets

IBEW Local Union No. 479 Pension Trust Fund sits in the top 10% of all filed plans by assets, $145M for 595 participants (~$243,395/participant), up 13.1% in 2023.

#8,297
in Construction (9,030 peers)
+13.1%
assets growth YoY
1.5×
vs typical plan assets (national mean)

IBEW Local Union No. 479 Pension Trust Fund's outsized position by total assets

IBEW Local Union No. 479 Pension Trust Fund vs every filed plan by assets

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

$144,820,158 Top 7% higher than 93% 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. 479 Pension Trust 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 Union No. 479 Pension Trust Fund sits mid-pack in the medium band (595 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • IBEW Local Union No. 479 Pension Trust Fund reported net income rose from -$21M in the plan year 2022 filing to $17M in the plan year 2023 filing.
  • IBEW Local Union No. 479 Pension Trust Fund end-of-year assets rose from $128M in the plan year 2022 filing to $145M in the plan year 2023 filing.
  • IBEW Local Union No. 479 Pension Trust Fund reported participants fell from 615 in the plan year 2022 filing to 595 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 746183767 · Trustees of IBEW Local Union No 479 Pension Trust Fund PY 2023 · Defined Benefit (Pension)

IBEW Local Union No. 479 Pension Trust Fund · $145M · 595 · 93rd

  • PHOTO $145M
  • IND 595
  • EOY 93rd
  • 5500 Defined Benefit (Pension)
  • ASSETS near U.a. Plumbers 63 & Steamfitters 353 Joint Pension
  • PCT ind #8297

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 Texas →

IBEW Local Union No. 479 Pension Trust Fund in the asset neighbourhood

Hodgson Russ Retirement Plan$145MIBEW Local Union No. 479 Pension Trust FundIBEW Local Union No. 479 Pen…$145MU.a. Plumbers 63 & Steamfitters 353 Joint PensionU.a. Plumbers 63 & Steamfitt…$145MEmployees' Retirement Plan of Green Mountain Power CorporationEmployees' Retirement Plan o…$145MAir Canada U.S. Pension Plan$145M
End-of-year total assets ($M) among IBEW Local Union No. 479 Pension Trust Fund and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$128M
Net Assets (End of Year)$145M
Net Income$17M
Employer EIN746183767
Plan Effective Date1972-09-06
Filing StatusFILING RECEIVED

Sponsor Plan History (Trustees of IBEW Local Union No 479 Pension Trust Fund)

Sponsor-wide plan assets over time

All Trustees of IBEW Local Union No 479 Pension Trust Fund plans reported in each filing year

Latest sponsor-wide plan assets
$162M 26.82920641782153% vs 2022
2024 filing year
$120M$140M$160M$180M 202220232024 $128M $162M ▲ +26.8%
Year Plans Participants Total Assets
2022 1 615 $128M
2023 1 595 $145M
2024 1 653 $162M

Nearby Defined Benefit (Pension) Plans in Texas

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

IBEW Local Union No. 479 Pension Trust Fund vs. nearby Defined Benefit (Pension) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants IBEW Local Union No. 479 Pension Trust Fund, Total assets ($B): 0.144820158 · Participants: 595IBEW Local Union No. 479 Pension Trust FundAT&T Pension Benefit Plan, Total assets ($B): 30.018512 · Participants: 107859AT&T Pension Benefit PlanShell Pension Plan, Total assets ($B): 15.133347097 · Participants: 12215Shell Pension PlanExxonmobil Pension Plan, Total assets ($B): 12.015 · Participants: 22551Exxonmobil Pension PlanCaterpillar Inc. Retirement Income Plan, Total assets ($B): 9.803014695 · Participants: 12138Caterpillar Inc. Retirement Income PlanBp Retirement Accumulation Plan, Total assets ($B): 5.493677099 · Participants: 9360Bp Retirement Accumulation Plan
IBEW Local Union No. 479 Pension Trust Fund vs. nearby Defined Benefit (Pension) plans in Texas, assets vs. participants

IBEW Local Union No. 479 Pension Trust Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Texas, the nearest Defined Benefit (Pension) by assets is U.a. Plumbers 63 & Steamfitters 353 Joint Pension in IN ($145M); by covered participants it is Jbt Corporation Employees' Retirement Program in IL (595 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($145M here).

Similar participant headcount

Nearest other-state filings by covered participants (595 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. 479 Pension Trust Fund assets move in 2023?
IBEW Local Union No. 479 Pension Trust Fund grew at a solid clip - up 13.1% during 2023, from $128M to $145M. Reported net income was $17M.
How have Trustees of IBEW Local Union No 479 Pension Trust Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Trustees of IBEW Local Union No 479 Pension Trust Fund's sponsor-wide assets grew 26.8%, from $128M to $162M.
Where does IBEW Local Union No. 479 Pension Trust Fund rank by assets among Form 5500 filers?
IBEW Local Union No. 479 Pension Trust Fund ranks in the 93rd 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 Defined Benefit (Pension) plans are similar in size to IBEW Local Union No. 479 Pension Trust Fund?
Among Defined Benefit (Pension) plans in other states, the closest by assets is U.a. Plumbers 63 & Steamfitters 353 Joint Pension in IN ($145M, 481 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to IBEW Local Union No. 479 Pension Trust Fund?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Jbt Corporation Employees' Retirement Program in IL (595 participants, $235M in assets).