Defined Benefit (Pension) · DOL Form 5500 · 2023

Joint Pension Fund Local Union 164 IBEW Pension Plan

Data updated 2026-08-25

$552M
Total assets Above avg plan size
2,149
Participants Near avg headcount
98th
Percentile by assets National rank
$256,802
Avg per participant Above avg balance/head
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Official DOL plan name: Joint Pension Fund Local Union IBEW · Sponsored by Joint Pension Fund Local Union 164 IBEW · New Jersey · Construction

$552M in assets, 2,149 participants

Joint Pension Fund Local Union 164 IBEW's Joint Pension Fund Local Union IBEW reported $552M in total assets and 2,149 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.

  • #8,798 in Construction (9,030 peers)

Coverage in New Jersey

Joint Pension Fund Local Union IBEW covers 2,149 participants in New Jersey, 2.5x the typical New Jersey plan (state average ~844 per filing). Assets: $552M.

#8,798
in Construction (9,030 peers)
+13.4%
assets growth YoY
5.5×
vs typical plan assets (national mean)

Joint Pension Fund Local Union IBEW's outsized position by total assets

Joint Pension Fund Local Union IBEW vs every filed plan by assets

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

$551,867,530 Top 2% higher than 98% 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

Joint Pension Fund Local Union IBEW's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Joint Pension Fund Local Union IBEW lands in the large band (2,149 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Joint Pension Fund Local Union IBEW reported net income rose from -$99M in the plan year 2022 filing to $65M in the plan year 2023 filing.
  • Joint Pension Fund Local Union IBEW end-of-year assets rose from $487M in the plan year 2022 filing to $552M in the plan year 2023 filing.
  • Joint Pension Fund Local Union IBEW reported participants fell from 2,247 in the plan year 2022 filing to 2,149 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 226031199 · Joint Pension Fund Local Union 164 IBEW PY 2023 · Defined Benefit (Pension)

Joint Pension Fund Local Union IBEW · $552M · 2,149 · 98th

  • VS-ST $552M
  • BOY 2,149
  • SCH 98th
  • EBSA Defined Benefit (Pension)
  • PART near Non-Contributory Retirement Plan
  • TYPE ind #8798

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 →

Joint Pension Fund Local Union IBEW in the asset neighbourhood

Joint Pension Fund Local Union IBEWJoint Pension Fund Local Uni…$552MNon-Contributory Retirement PlanNon-Contributory Retirement …$552MTeamsters Local Union No. 727 Pension PlanTeamsters Local Union No. 72…$551MGraybar Electric Company, Inc. Pension PlanGraybar Electric Company, In…$550MConstruction Workers Pension Trust Fund - Lake County and Vicinity Pension PlanConstruction Workers Pension…$550M
End-of-year total assets ($M) among Joint Pension Fund Local Union IBEW and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

New Jersey filing particulars

Total Assets (Beginning of Year)$487M
Net Assets (End of Year)$551M
Net Income$65M
Employer EIN226031199
Plan Effective Date1954-04-13
Filing StatusFILING RECEIVED

Sponsor Plan History (Joint Pension Fund Local Union 164 IBEW)

Sponsor-wide plan assets over time

All Joint Pension Fund Local Union 164 IBEW plans reported in each filing year

Latest sponsor-wide plan assets
$599M 23.121334359300196% vs 2022
2024 filing year
$450M$500M$550M$600M$650M 202220232024 $487M $599M ▲ +23.1%
Year Plans Participants Total Assets
2022 1 2,247 $487M
2023 1 2,149 $552M
2024 1 2,072 $599M

Nearby Defined Benefit (Pension) Plans in New Jersey

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

Joint Pension Fund Local Union IBEW vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -50510152025 Total assets ($B) Participants Joint Pension Fund Local Union IBEW, Total assets ($B): 0.55186753 · Participants: 2149Joint Pension Fund Local Union IBEWRetirement 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
Joint Pension Fund Local Union IBEW vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants
Compare Joint Pension Fund Local Union IBEW side-by-side with 3 peers →

Joint Pension Fund Local Union IBEW's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New Jersey, the nearest Defined Benefit (Pension) by assets is Non-Contributory Retirement Plan in WA ($552M); by covered participants it is Northwestern Memorial Hospital Employees' Pension Plan in IL (2,147 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,149 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 Joint Pension Fund Local Union IBEW assets move in 2023? ▼
Joint Pension Fund Local Union IBEW grew at a solid clip - up 13.4% during 2023, from $487M to $552M. Reported net income was $65M.
How have Joint Pension Fund Local Union 164 IBEW plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Joint Pension Fund Local Union 164 IBEW's sponsor-wide assets grew 23.1%, from $487M to $599M.
Where does Joint Pension Fund Local Union IBEW rank by assets among Form 5500 filers? ▼
Joint Pension Fund Local Union IBEW ranks in the 98th 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 Joint Pension Fund Local Union IBEW? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Non-Contributory Retirement Plan in WA ($552M, 1,179 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Joint Pension Fund Local Union IBEW? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Northwestern Memorial Hospital Employees' Pension Plan in IL (2,147 participants, $648M 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 226031199.

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.