Defined Benefit (Pension) · DOL Form 5500 · 2023

IBEW Lu 363 Pension Pension Plan

Data updated 2026-08-25

$144M
Total assets Near avg plan size
720
Participants Below avg headcount
93rd
Percentile by assets National rank
$199,896
Avg per participant Above avg balance/head
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Official DOL plan name: IBEW Local Union 363 Pension · Sponsored by IBEW Lu 363 Pension · New York · Construction

$144M in assets, 720 participants

IBEW Lu 363 Pension's IBEW Local Union 363 Pension reported $144M in total assets and 720 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.

  • #8,292 in Construction (9,030 peers)

Where IBEW Local Union 363 Pension sits by assets

IBEW Local Union 363 Pension sits in the top 10% of all filed plans by assets, $144M for 720 participants (~$199,896/participant), up 13.1% in 2023.

#8,292
in Construction (9,030 peers)
+13.1%
assets growth YoY
1.4×
vs typical plan assets (national mean)

IBEW Local Union 363 Pension's outsized position by total assets

IBEW Local Union 363 Pension vs every filed plan by assets

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

$143,925,100 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 363 Pension 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 363 Pension sits mid-pack in the medium band (720 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • IBEW Local Union 363 Pension reported net income rose from -$20M in the plan year 2022 filing to $17M in the plan year 2023 filing.
  • IBEW Local Union 363 Pension end-of-year assets rose from $127M in the plan year 2022 filing to $144M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 516041178 · IBEW Lu 363 Pension PY 2023 · Defined Benefit (Pension)

IBEW Local Union 363 Pension · $144M · 720 · 93rd

  • EOY $144M
  • EOY 720
  • EOY 93rd
  • EOY Defined Benefit (Pension)
  • EOY near Pace International Union Pension Plan
  • EOY ind #8292

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 York →

IBEW Local Union 363 Pension in the asset neighbourhood

Pace International Union Pension PlanPace International Union Pen…$144MSpeedway Retirement Plan$144MIBEW Local Union 363 Pension$144MLear Combined Pension Plan$144MSheet Metal Workers Local Union No. 17 Supplemental Pension PlanSheet Metal Workers Local Un…$144M
End-of-year total assets ($M) among IBEW Local Union 363 Pension and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$127M
Net Assets (End of Year)$144M
Net Income$17M
Employer EIN516041178
Plan Effective Date1956-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (IBEW Lu 363 Pension)

Sponsor-wide plan assets over time

All IBEW Lu 363 Pension plans reported in each filing year

Latest sponsor-wide plan assets
$157M 23.67942417898058% vs 2022
2024 filing year
$120M$130M$140M$150M$160M$170M 202220232024 $127M $157M ▲ +23.7%
Year Plans Participants Total Assets
2022 1 724 $127M
2023 1 720 $144M
2024 1 720 $157M

Nearby Defined Benefit (Pension) Plans in New York

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

IBEW Local Union 363 Pension vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -100102030 Total assets ($B) Participants IBEW Local Union 363 Pension, Total assets ($B): 0.1439251 · Participants: 720IBEW Local Union 363 PensionIBM Personal Pension Plan, Total assets ($B): 24.955758896 · Participants: 14881IBM Personal Pension PlanConsolidated Edison Retirement Plan, Total assets ($B): 16.184377155 · Participants: 10779Consolidated Edison Retirement Plan1199seiu Health Care Employees Pension Fund, Total assets ($B): 16.16620463 · Participants: 1075821199seiu Health Care Employees Pension FundPfizer Consolidated Pension Plan, Total assets ($B): 10.955262618 · Participants: 9616Pfizer Consolidated Pension PlanPepsico Employees Retirement Plan I, Total assets ($B): 7.599669 · Participants: 12289Pepsico Employees Retirement Plan I
IBEW Local Union 363 Pension vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants
Compare IBEW Local Union 363 Pension side-by-side with 3 peers →

IBEW Local Union 363 Pension's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New York, the nearest Defined Benefit (Pension) by assets is Pace International Union Pension Plan in PA ($144M); by covered participants it is Vassar Brothers Hospital Pension Plan in CT (720 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($144M here).

Similar participant headcount

Nearest other-state filings by covered participants (720 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 363 Pension assets move in 2023? ▼
IBEW Local Union 363 Pension grew at a solid clip - up 13.1% during 2023, from $127M to $144M. Reported net income was $17M.
How have IBEW Lu 363 Pension plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), IBEW Lu 363 Pension's sponsor-wide assets grew 23.7%, from $127M to $157M.
Where does IBEW Local Union 363 Pension rank by assets among Form 5500 filers? ▼
IBEW Local Union 363 Pension 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 363 Pension? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Pace International Union Pension Plan in PA ($144M, 22 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to IBEW Local Union 363 Pension? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Vassar Brothers Hospital Pension Plan in CT (720 participants, $126M 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 516041178.

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.