Defined Benefit (Pension) · DOL Form 5500 · 2023

Trustees of Local No. 41 Pension Plan Pension Plan

Data updated 2026-08-11

$263M
Total assets: 594
Participants: 96th
Percentile by assets: $441,962
Avg per participant

Official DOL plan name: Local No. 41 IBEW Pension Plan · Sponsored by Trustees of Local No. 41 Pension Plan · New York · Construction

$263M in assets, 594 participants

Trustees of Local No. 41 Pension Plan's Local No. 41 IBEW Pension Plan reported $263M in total assets and 594 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.

96th percentile by assets (of 127,072 plans)
#8,569 in Construction (9,030 peers)

Where Local No. 41 IBEW Pension Plan sits by assets

Local No. 41 IBEW Pension Plan sits in the top 5% of all filed plans by assets, $263M for 594 participants (~$441,962/participant), up 5.4% in 2023.

$263M
total plan assets (2023 EOY): 594
covered participants: 96th
percentile by assets (of 127,072 plans): $441,962
avg assets per participant

Where Local No. 41 IBEW Pension Plan sits by total assets

Local No. 41 IBEW Pension Plan vs every filed plan by assets

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

$262,525,170 Top 4% higher than 96% of 127,068 filed plans

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Local No. 41 IBEW Pension Plan reported net income rose from -$69K in the plan year 2022 filing to $13M in the plan year 2023 filing.
Local No. 41 IBEW Pension Plan end-of-year assets rose from $249M in the plan year 2022 filing to $263M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

New York

Industry

Construction

Local No. 41 IBEW Pension Plan vs the 2023 asset distribution

By assets, Local No. 41 IBEW Pension Plan outranks 96% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 2.6x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)	$249M
Net Assets (End of Year)	$262M
Net Income	$13M
Employer EIN	160851799
Plan Effective Date	1962-05-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Trustees of Local No. 41 Pension Plan)

Total plan assets by year, all Trustees of Local No. 41 Pension Plan plans on file

Year	Plans	Participants	Total Assets
2022	1	591	$249M
2023	1	594	$263M
2024	1	628	$285M

Nearby Defined Benefit (Pension) Plans in New York

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

Local No. 41 IBEW Pension Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants

IBM Personal Pension Plan $25.0B · 14,881
Consolidated Edison Retirement Plan $16.2B · 10,779
1199seiu Health Care Employees Pension Fund $16.2B · 107,582
Pfizer Consolidated Pension Plan $11.0B · 9,616
Pepsico Employees Retirement Plan I $7.6B · 12,289

Compare Local No. 41 IBEW Pension Plan side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Local No. 41 IBEW Pension Plan by total assets, not by location.

Texas Iron Workers' Pension Plan (TX) $263M · 1,443
Tucson Electric Power Company Salaried Employees Retirement Plan (AZ) $263M · 798
Knights of Columbus Retirement Plan for Non-Bargaining Unit Employees (CT) $263M · 555
Adm Pension Plan for Hourly-Wage Employees (IL) $262M · 9,449

Frequently Asked Questions

How did Local No. 41 IBEW Pension Plan assets move in 2023? ▼

Local No. 41 IBEW Pension Plan grew at a solid clip - up 5.4% during 2023, from $249M to $263M. Reported net income was $13M.

How have Trustees of Local No. 41 Pension Plan plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Trustees of Local No. 41 Pension Plan's sponsor-wide assets grew 14.5%, from $249M to $285M.

Where does Local No. 41 IBEW Pension Plan rank by assets among Form 5500 filers? ▼

Local No. 41 IBEW Pension Plan ranks in the 96th 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 Local No. 41 IBEW Pension Plan? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is Texas Iron Workers' Pension Plan in TX ($263M, 1,443 participants).

Next read for Local No. 41 IBEW Pension Plan

Scale reading

Ways to act on Local No. 41 IBEW Pension Plan's numbers.

By total assets, Local No. 41 IBEW Pension Plan ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in New York. Compare plans
Trustees of Local No. 41 Pension Plan's sponsor-wide assets have grown 14.5% since 2022 across 3 plan years on file. More Construction plans

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 160851799.