Defined Benefit (Pension) · DOL Form 5500 · 2023

Indiana Electrical Workers Pension Trust Fund IBEW Pension Plan

Data updated 2026-08-11

$466M
Total assets: 2,120
Participants: 97th
Percentile by assets: $219,776
Avg per participant

Official DOL plan name: Indiana Electrical Workers Pension Plan · Sponsored by Indiana Electrical Workers Pension Trust Fund IBEW · Indiana · Construction

$466M in assets, 2,120 participants

Indiana Electrical Workers Pension Trust Fund IBEW's Indiana Electrical Workers Pension Plan reported $466M in total assets and 2,120 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.

97th percentile by assets (of 127,072 plans)
#8,756 in Construction (9,030 peers)

Coverage in Indiana

Indiana Electrical Workers Pension Plan covers 2,120 participants in Indiana, 3.9x the typical Indiana plan (state average ~541 per filing). Assets: $466M.

$466M
total plan assets (2023 EOY): 2,120
covered participants: 97th
percentile by assets (of 127,072 plans): $219,776
avg assets per participant

Indiana Electrical Workers Pension Plan reported net income rose from $37M in the plan year 2022 filing to $57M in the plan year 2023 filing.
Indiana Electrical Workers Pension Plan end-of-year assets rose from $409M in the plan year 2022 filing to $466M in the plan year 2023 filing.
Indiana Electrical Workers Pension Plan reported participants rose from 2,027 in the plan year 2022 filing to 2,120 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Indiana

Industry

Construction

Participants vs Indiana filers

In Indiana, the average filing covers about 541 participants across 2,302 plans. Indiana Electrical Workers Pension Plan reports 2,120 participants - 3.9x that state average ($466M EOY assets).

Indiana filing particulars

Total Assets (Beginning of Year)	$409M
Net Assets (End of Year)	$466M
Net Income	$57M
Employer EIN	351102579
Plan Effective Date	1964-07-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Indiana Electrical Workers Pension Trust Fund IBEW)

Total plan assets by year, all Indiana Electrical Workers Pension Trust Fund IBEW plans on file

Year	Plans	Participants	Total Assets
2022	1	2,027	$409M
2023	1	2,120	$466M
2024	1	2,426	$520M

Nearby Defined Benefit (Pension) Plans in Indiana

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

Indiana Electrical Workers Pension Plan vs. nearby Defined Benefit (Pension) plans in Indiana, assets vs. participants

The Lilly Retirement Plan $11.7B · 19,111
Cummins Pension Plan $3.3B · 26,560
Indiana Laborers Pension Fund $1.7B · 10,800
Elevance Health Cash Balance Plan a $1.3B · 8,197
Nisource Pension Plan $1.1B · 2,174

Compare Indiana Electrical Workers Pension Plan side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Indiana Electrical Workers Pension Plan by total assets, not by location.

Nysut Employees Retirement Plan (NY) $466M · 390
The Associated Press Consolidated Retirement Plan (NY) $465M · 627
Columbia Bank Retirement Plan (NJ) $465M · 297
Morgan, Lewis & Bockius LLP Cash Balance Plan (PA) $468M · 938

Frequently Asked Questions

How did Indiana Electrical Workers Pension Plan assets move in 2023? ▼

Indiana Electrical Workers Pension Plan grew at a solid clip - up 13.9% during 2023, from $409M to $466M. Reported net income was $57M.

How have Indiana Electrical Workers Pension Trust Fund IBEW plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Indiana Electrical Workers Pension Trust Fund IBEW's sponsor-wide assets grew 27.2%, from $409M to $520M.

Where does Indiana Electrical Workers Pension Plan rank by assets among Form 5500 filers? ▼

Indiana Electrical Workers Pension Plan ranks in the 97th 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 Indiana Electrical Workers Pension Plan? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is Nysut Employees Retirement Plan in NY ($466M, 390 participants).

Next read for Indiana Electrical Workers Pension Plan

Filing takeaways

Ways to act on Indiana Electrical Workers Pension Plan's numbers.

By total assets, Indiana Electrical Workers 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 Indiana. Compare plans
Indiana Electrical Workers Pension Trust Fund IBEW's sponsor-wide assets have grown 27.2% 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 351102579.