Defined Benefit (Pension) · DOL Form 5500 · 2023

Trustees of Local No. 41 Pension Plan Pension Plan

Data updated 2026-08-25

$263M
Total assets Near avg plan size
594
Participants Below avg headcount
96th
Percentile by assets National rank
$441,962
Avg per participant High balance/head
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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.

  • #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.

#8,569
in Construction (9,030 peers)
+5.4%
assets growth YoY
2.6×
vs typical plan assets (national mean)

Local No. 41 IBEW Pension Plan's outsized position 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

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. 41 IBEW Pension Plan 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. Local No. 41 IBEW Pension Plan sits mid-pack in the medium band (594 participants).

What changed between DOL Form 5500 filings

plan year 2022 → 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 →

Form 5500 schedule snapshot

Filing strip 160851799 · Trustees of Local No. 41 Pension Plan PY 2023 · Defined Benefit (Pension)

Local No. 41 IBEW Pension Plan · $263M · 594 · 96th

  • PCT $263M
  • PCT 594
  • PCT 96th
  • PCT Defined Benefit (Pension)
  • PCT near Texas Iron Workers' Pension Plan
  • PCT ind #8569

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 →

Local No. 41 IBEW Pension Plan in the asset neighbourhood

Knights of Columbus Retirement Plan for Non-Bargaining Unit EmployeesKnights of Columbus Retireme…$263MTucson Electric Power Company Salaried Employees Retirement PlanTucson Electric Power Compan…$263MTexas Iron Workers' Pension PlanTexas Iron Workers' Pension …$263MLocal No. 41 IBEW Pension PlanLocal No. 41 IBEW Pension Pl…$263MAdm Pension Plan for Hourly-Wage EmployeesAdm Pension Plan for Hourly-…$262M
End-of-year total assets ($M) among Local No. 41 IBEW Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$249M
Net Assets (End of Year)$262M
Net Income$13M
Employer EIN160851799
Plan Effective Date1962-05-01
Filing StatusFILING RECEIVED

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

Sponsor-wide plan assets over time

All Trustees of Local No. 41 Pension Plan plans reported in each filing year

Latest sponsor-wide plan assets
$285M 14.466049317960024% vs 2022
2024 filing year
$240M$260M$280M$300M 202220232024 $249M $285M ▲ +14.5%
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 Scatter plot of 6 data points. -50000050000100000150000 -100102030 Total assets ($B) Participants Local No. 41 IBEW Pension Plan, Total assets ($B): 0.26252517 · Participants: 594Local No. 41 IBEW Pension PlanIBM 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
Local No. 41 IBEW Pension Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants
Compare Local No. 41 IBEW Pension Plan side-by-side with 3 peers →

Local No. 41 IBEW Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New York, the nearest Defined Benefit (Pension) by assets is Texas Iron Workers' Pension Plan in TX ($263M); by covered participants it is Mativ Holdings, Inc. Pension Plan in GA (594 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (594 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. 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).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Local No. 41 IBEW Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Mativ Holdings, Inc. Pension Plan in GA (594 participants, $357M 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 160851799.

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.