Money Purchase · DOL Form 5500 · 2023

Joint Board of Trustees of the IBEW Local 972 Pension Fund Money Purchase Plan

Data updated 2026-08-25

$82M
Total assets Below avg plan size
595
Participants Below avg headcount
90th
Percentile by assets National rank
$138,508
Avg per participant Near avg balance/head
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Official DOL plan name: IBEW Local #972 Pension Plan and Trust · Sponsored by Joint Board of Trustees of the IBEW Local 972 Pension Fund · Ohio · Finance & Insurance

$82M in assets, 595 participants

Joint Board of Trustees of the IBEW Local 972 Pension Fund's IBEW Local #972 Pension Plan and Trust reported $82M in total assets and 595 participants in its 2023 DOL Form 5500 filing, ranking in the 90th 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.

  • #7,492 in Finance & Insurance (8,869 peers)

Where IBEW Local #972 Pension Plan and Trust sits by assets

IBEW Local #972 Pension Plan and Trust sits in the top 10% of all filed plans by assets, $82M for 595 participants (~$138,508/participant), up 19.9% in 2023.

#7,492
in Finance & Insurance (8,869 peers)
+19.9%
assets growth YoY
0.8×
vs typical plan assets (national mean)

IBEW Local #972 Pension Plan and Trust's outsized position by total assets

IBEW Local #972 Pension Plan and Trust vs every filed plan by assets

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

$82,412,234 Top 10% higher than 90% 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 #972 Pension Plan and Trust 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 #972 Pension Plan and Trust sits mid-pack in the medium band (595 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • IBEW Local #972 Pension Plan and Trust reported net income rose from -$18M in the plan year 2022 filing to $14M in the plan year 2023 filing.
  • IBEW Local #972 Pension Plan and Trust end-of-year assets rose from $69M in the plan year 2022 filing to $82M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 310964117 · Joint Board of Trustees of the IBEW Local 972 Pension Fund PY 2023 · Money Purchase

IBEW Local #972 Pension Plan and Trust · $82M · 595 · 90th

  • EBSA $82M
  • PART 595
  • TYPE 90th
  • NET Money Purchase
  • BOOK near Florida Ubc Supplemental Pension Plan
  • VS-ST ind #7492

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 Finance & Insurance retirement plans → · Plans in Ohio →

IBEW Local #972 Pension Plan and Trust in the asset neighbourhood

Baker College Employees' Pension TrustBaker College Employees' Pen…$84MInstitute for Advanced Study Defined Contribution Retirement PlanInstitute for Advanced Study…$83MFlorida Ubc Supplemental Pension PlanFlorida Ubc Supplemental Pen…$83MIBEW Local #972 Pension Plan and TrustIBEW Local #972 Pension Plan…$82MWisconsin Glaziers & Glassworkers Money Purchase FundWisconsin Glaziers & Glasswo…$81M
End-of-year total assets ($M) among IBEW Local #972 Pension Plan and Trust and nearest nationwide Money Purchase peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$69M
Net Assets (End of Year)$82M
Net Income$14M
Employer EIN310964117
Plan Effective Date1979-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Joint Board of Trustees of the IBEW Local 972 Pension Fund)

Sponsor-wide plan assets over time

All Joint Board of Trustees of the IBEW Local 972 Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$90M 30.670450748599475% vs 2022
2024 filing year
$60M$70M$80M$90M$100M 202220232024 $68.7M $89.8M ▲ +30.7%
Year Plans Participants Total Assets
2022 1 591 $69M
2023 1 595 $82M
2024 1 594 $90M

Nearby Money Purchase Plans in Ohio

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

IBEW Local #972 Pension Plan and Trust vs. nearby Money Purchase plans in Ohio, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 00.511.52 Total assets ($B) Participants IBEW Local #972 Pension Plan and Trust, Total assets ($B): 0.082412234 · Participants: 595IBEW Local #972 Pension Plan and TrustThe Sherwin-Williams Company Salaried Employees' Revised Pension Investment Plan, Total assets ($B): 1.550030538 · Participants: 47282The Sherwin-Williams Company Salaried Employees' Revised Pension Investment PlanThe Cleveland Clinic Foundation Cash Balance Plan, Total assets ($B): 1.409816763 · Participants: 4739The Cleveland Clinic Foundation Cash Balance PlanIron Workers District Council of So Oh & Vicinity Annuity Trust, Total assets ($B): 0.476163733 · Participants: 6936Iron Workers District Council of So Oh & Vicinity Annuity TrustBaker & Hostetler LLP Basic/Step-Rate Retirement Plan, Total assets ($B): 0.472603784 · Participants: 1004Baker & Hostetler LLP Basic/Step-Rate Retirement PlanUniversity of Dayton Defined Contribution Retirement Plan, Total assets ($B): 0.347565671 · Participants: 3080University of Dayton Defined Contribution Retirement Plan
IBEW Local #972 Pension Plan and Trust vs. nearby Money Purchase plans in Ohio, assets vs. participants
Compare IBEW Local #972 Pension Plan and Trust side-by-side with 3 peers →

IBEW Local #972 Pension Plan and Trust's out-of-state Money Purchase peers by assets and headcount

Outside Ohio, the nearest Money Purchase by assets is Florida Ubc Supplemental Pension Plan in TN ($83M); by covered participants it is Rose-Hulman Institute of Technology Money Purchase Purchase Plan in IN (593 participants). Same-state nearby plans are listed separately above.

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 #972 Pension Plan and Trust assets move in 2023? ▼
IBEW Local #972 Pension Plan and Trust grew sharply - up 19.9% during 2023, from $69M to $82M. Reported net income was $14M.
How have Joint Board of Trustees of the IBEW Local 972 Pension Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Joint Board of Trustees of the IBEW Local 972 Pension Fund's sponsor-wide assets grew 30.7%, from $69M to $90M.
Where does IBEW Local #972 Pension Plan and Trust rank by assets among Form 5500 filers? ▼
IBEW Local #972 Pension Plan and Trust ranks in the 90th 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 Money Purchase plans are similar in size to IBEW Local #972 Pension Plan and Trust? ▼
Among Money Purchase plans in other states, the closest by assets is Florida Ubc Supplemental Pension Plan in TN ($83M, 6,111 participants).
Which Money Purchase plans cover a similar participant headcount to IBEW Local #972 Pension Plan and Trust? ▼
Among Money Purchase plans in other states, the closest by covered participants is Rose-Hulman Institute of Technology Money Purchase Purchase Plan in IN (593 participants, $202M 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 310964117.

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.