Defined Benefit (Pension) · DOL Form 5500 · 2023

Trustees of IBEW Local No. 117 Pension Fund Pension Plan

Data updated 2026-08-25

$235M
Total assets Near avg plan size
498
Participants Below avg headcount
95th
Percentile by assets National rank
$471,011
Avg per participant High balance/head
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Official DOL plan name: IBEW Local No. 117 Pension Fund · Sponsored by Trustees of IBEW Local No. 117 Pension Fund · Illinois · Construction

$235M in assets, 498 participants

Trustees of IBEW Local No. 117 Pension Fund's IBEW Local No. 117 Pension Fund reported $235M in total assets and 498 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.

  • #8,529 in Construction (9,030 peers)

Where IBEW Local No. 117 Pension Fund sits by assets

IBEW Local No. 117 Pension Fund sits in the top 5% of all filed plans by assets, $235M for 498 participants (~$471,011/participant), up 13.4% in 2023.

#8,529
in Construction (9,030 peers)
+13.4%
assets growth YoY
2.4×
vs typical plan assets (national mean)

IBEW Local No. 117 Pension Fund's outsized position by total assets

IBEW Local No. 117 Pension Fund vs every filed plan by assets

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

$234,563,302 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

IBEW Local No. 117 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 No. 117 Pension Fund sits mid-pack in the medium band (498 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • IBEW Local No. 117 Pension Fund reported net income rose from -$39M in the plan year 2022 filing to $28M in the plan year 2023 filing.
  • IBEW Local No. 117 Pension Fund end-of-year assets rose from $207M in the plan year 2022 filing to $235M in the plan year 2023 filing.
  • IBEW Local No. 117 Pension Fund reported participants fell from 511 in the plan year 2022 filing to 498 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 366474808 · Trustees of IBEW Local No. 117 Pension Fund PY 2023 · Defined Benefit (Pension)

IBEW Local No. 117 Pension Fund · $235M · 498 · 95th

  • EIN $235M
  • RANK 498
  • PHOTO 95th
  • IND Defined Benefit (Pension)
  • EOY near Ufcw Union & Partcipating Food Industry Employers Tri-State Pension Fund
  • 5500 ind #8529

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 Illinois →

IBEW Local No. 117 Pension Fund in the asset neighbourhood

Retirement Plan for Bargaining Unit Employees of the Metal Trades Council of Consolidated Nuclear Security, LLCRetirement Plan for Bargaini…$235MThe Teknor Apex Company Retirement PlanThe Teknor Apex Company Reti…$235MContributory Defined Benefit Retirement Plan at Rensselaer Polytechnic InstituteContributory Defined Benefit…$235MUfcw Union & Partcipating Food Industry Employers Tri-State Pension FundUfcw Union & Partcipating Fo…$235MIBEW Local No. 117 Pension FundIBEW Local No. 117 Pension F…$235M
End-of-year total assets ($M) among IBEW Local No. 117 Pension 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)$207M
Net Assets (End of Year)$234M
Net Income$28M
Employer EIN366474808
Plan Effective Date1971-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Trustees of IBEW Local No. 117 Pension Fund)

Sponsor-wide plan assets over time

All Trustees of IBEW Local No. 117 Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$253M 22.264432236767675% vs 2022
2024 filing year
$200M$220M$240M$260M 202220232024 $207M $253M ▲ +22.3%
Year Plans Participants Total Assets
2022 1 511 $207M
2023 1 498 $235M
2024 1 470 $253M

Nearby Defined Benefit (Pension) Plans in Illinois

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

IBEW Local No. 117 Pension Fund vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -200204060 Total assets ($B) Participants IBEW Local No. 117 Pension Fund, Total assets ($B): 0.234563302 · Participants: 498IBEW Local No. 117 Pension FundCentral States, Southeast & Southwest Areas Pension Plan, Total assets ($B): 49.680270595 · Participants: 48538Central States, Southeast & Southwest Areas Pension PlanState Farm Insurance Companies Retirement Plan for United States Employees, Total assets ($B): 35.242945747 · Participants: 45001State Farm Insurance Companies Retirement Plan for United States EmployeesUnited Food & Commercial Workers Intl Union - Industry Pension Fund, Total assets ($B): 7.965094339 · Participants: 20680United Food & Commercial Workers Intl Union - Industry Pension FundJohn Deere Pension Plan for Salaried Employees, Total assets ($B): 7.960744597 · Participants: 16346John Deere Pension Plan for Salaried EmployeesAbbott Laboratories Annuity Retirement Plan, Total assets ($B): 7.819798504 · Participants: 17382Abbott Laboratories Annuity Retirement Plan
IBEW Local No. 117 Pension Fund vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants

IBEW Local No. 117 Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Illinois, the nearest Defined Benefit (Pension) by assets is Ufcw Union & Partcipating Food Industry Employers Tri-State Pension Fund in PA ($235M); by covered participants it is Clopay Ames Pension Plan in FL (498 participants). Same-state nearby plans are listed separately above.

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 No. 117 Pension Fund assets move in 2023?
IBEW Local No. 117 Pension Fund grew at a solid clip - up 13.4% during 2023, from $207M to $235M. Reported net income was $28M.
How have Trustees of IBEW Local No. 117 Pension Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Trustees of IBEW Local No. 117 Pension Fund's sponsor-wide assets grew 22.3%, from $207M to $253M.
Where does IBEW Local No. 117 Pension Fund rank by assets among Form 5500 filers?
IBEW Local No. 117 Pension Fund 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 IBEW Local No. 117 Pension Fund?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Ufcw Union & Partcipating Food Industry Employers Tri-State Pension Fund in PA ($235M, 5,055 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to IBEW Local No. 117 Pension Fund?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Clopay Ames Pension Plan in FL (498 participants, $132M in assets).