Money Purchase · DOL Form 5500 · 2023

Trustees of Local No. 1 Pension Benefit Trust Fund Money Purchase Plan

Data updated 2026-08-25

$1.7B
Total assets Very large vs avg
4,647
Participants Above avg headcount
99th
Percentile by assets National rank
$364,016
Avg per participant High balance/head
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Official DOL plan name: Local No. 1 IBEW Pension Benefit Trust Fund · Sponsored by Trustees of Local No. 1 Pension Benefit Trust Fund · Missouri · Construction

$1.7B in assets, 4,647 participants

Trustees of Local No. 1 Pension Benefit Trust Fund's Local No. 1 IBEW Pension Benefit Trust Fund reported $1.7B in total assets and 4,647 participants in its 2023 DOL Form 5500 filing, ranking in the 99th 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.

  • #8,966 in Construction (9,030 peers)

Coverage in Missouri

Local No. 1 IBEW Pension Benefit Trust Fund covers 4,647 participants in Missouri, 6.3x the typical Missouri plan (state average ~737 per filing). Assets: $1.7B.

#8,966
in Construction (9,030 peers)
+15.2%
assets growth YoY
17×
vs typical plan assets (national mean)

Local No. 1 IBEW Pension Benefit Trust Fund's outsized position by total assets

Local No. 1 IBEW Pension Benefit Trust Fund vs every filed plan by assets

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

$1,691,580,617 Top 1% higher than 99% 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

Local No. 1 IBEW Pension Benefit Trust Fund'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. Local No. 1 IBEW Pension Benefit Trust Fund lands in the large band (4,647 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Local No. 1 IBEW Pension Benefit Trust Fund reported net income rose from -$340M in the plan year 2022 filing to $223M in the plan year 2023 filing.
  • Local No. 1 IBEW Pension Benefit Trust Fund end-of-year assets rose from $1.5B in the plan year 2022 filing to $1.7B in the plan year 2023 filing.
  • Local No. 1 IBEW Pension Benefit Trust Fund reported participants rose from 4,522 in the plan year 2022 filing to 4,647 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 436032286 · Trustees of Local No. 1 Pension Benefit Trust Fund PY 2023 · Money Purchase

Local No. 1 IBEW Pension Benefit Trust Fund · $1.7B · 4,647 · 99th

  • BOOK $1.7B
  • BOOK 4,647
  • BOOK 99th
  • BOOK Money Purchase
  • BOOK near Electrical Workers Deferred Income Plan Local 103, I.B.E.W.
  • BOOK ind #8966

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 Missouri →

Local No. 1 IBEW Pension Benefit Trust Fund in the asset neighbourhood

Southern Electrical Retirement FundSouthern Electrical Retireme…$1.9BHarvard University Defined Contribution Retirement PlanHarvard University Defined C…$1.8BLocal No. 1 IBEW Pension Benefit Trust FundLocal No. 1 IBEW Pension Ben…$1.7BElectrical Workers Deferred Income Plan Local 103, I.B.E.W.Electrical Workers Deferred …$1.6BThe Sherwin-Williams Company Salaried Employees' Revised Pension Investment PlanThe Sherwin-Williams Company…$1.6B
End-of-year total assets ($B) among Local No. 1 IBEW Pension Benefit Trust Fund and nearest nationwide Money Purchase peers. Source: DOL Form 5500 plan year 2023.

Missouri filing particulars

Total Assets (Beginning of Year)$1.5B
Net Assets (End of Year)$1.7B
Net Income$223M
Employer EIN436032286
Plan Effective Date1960-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Trustees of Local No. 1 Pension Benefit Trust Fund)

Sponsor-wide plan assets over time

All Trustees of Local No. 1 Pension Benefit Trust Fund plans reported in each filing year

Latest sponsor-wide plan assets
$1.9B 28.327143304477953% vs 2022
2024 filing year
$1.4B$1.6B$1.8B$2B 202220232024 $1.47B $1.88B ▲ +27.9%
Year Plans Participants Total Assets
2022 1 4,522 $1.5B
2023 1 4,647 $1.7B
2024 1 4,749 $1.9B

Nearby Money Purchase Plans in Missouri

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

Local No. 1 IBEW Pension Benefit Trust Fund vs. nearby Money Purchase plans in Missouri, assets vs. participants Scatter plot of 6 data points. 02000400060008000 00.511.52 Total assets ($B) Participants Local No. 1 IBEW Pension Benefit Trust Fund, Total assets ($B): 1.691580617 · Participants: 4647Local No. 1 IBEW Pension Benefit Trust FundNECA-IBEW Pension Benefit Trust Fund, Total assets ($B): 0.917217645 · Participants: 3999NECA-IBEW Pension Benefit Trust FundSaint Louis University Retirement Plan, Total assets ($B): 0.708895214 · Participants: 2863Saint Louis University Retirement PlanThe Children's Mercy Hospital Retirement Plan, Total assets ($B): 0.503089354 · Participants: 6519The Children's Mercy Hospital Retirement PlanBrewery Conference/Anheuser-Busch Defined Contribution Plan, Total assets ($B): 0.499683062 · Participants: 2621Brewery Conference/Anheuser-Busch Defined Contribution PlanMo-Kan Iron Workers Annuity Fund, Total assets ($B): 0.217412416 · Participants: 811Mo-Kan Iron Workers Annuity Fund
Local No. 1 IBEW Pension Benefit Trust Fund vs. nearby Money Purchase plans in Missouri, assets vs. participants

Local No. 1 IBEW Pension Benefit Trust Fund's out-of-state Money Purchase peers by assets and headcount

Outside Missouri, the nearest Money Purchase by assets is Electrical Workers Deferred Income Plan Local 103, I.B.E.W. in MA ($1.6B); by covered participants it is Nysa-Ila Money Purchase Pension Fund and Plan in NJ (4,634 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (4,647 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 Local No. 1 IBEW Pension Benefit Trust Fund assets move in 2023?
Local No. 1 IBEW Pension Benefit Trust Fund grew sharply - up 15.2% during 2023, from $1.5B to $1.7B. Reported net income was $223M.
How have Trustees of Local No. 1 Pension Benefit Trust Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Trustees of Local No. 1 Pension Benefit Trust Fund's sponsor-wide assets grew 28.3%, from $1.5B to $1.9B.
Where does Local No. 1 IBEW Pension Benefit Trust Fund rank by assets among Form 5500 filers?
Local No. 1 IBEW Pension Benefit Trust Fund ranks in the 99th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which Money Purchase plans are similar in size to Local No. 1 IBEW Pension Benefit Trust Fund?
Among Money Purchase plans in other states, the closest by assets is Electrical Workers Deferred Income Plan Local 103, I.B.E.W. in MA ($1.6B, 8,337 participants).
Which Money Purchase plans cover a similar participant headcount to Local No. 1 IBEW Pension Benefit Trust Fund?
Among Money Purchase plans in other states, the closest by covered participants is Nysa-Ila Money Purchase Pension Fund and Plan in NJ (4,634 participants, $787M in assets).