401(k) · DOL Form 5500 · 2023

Trustees of IBEW Local Union No.126 Retirement Plan 401(k) Plan

Data updated 2026-08-25

$877M
Total assets Above avg plan size
3,465
Participants Above avg headcount
98th
Percentile by assets National rank
$252,987
Avg per participant Above avg balance/head
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Official DOL plan name: IBEW Local Union No. 126 Retirement Plan · Sponsored by Trustees of IBEW Local Union No.126 Retirement Plan · Pennsylvania · Construction

$877M in assets, 3,465 participants

Trustees of IBEW Local Union No.126 Retirement Plan's IBEW Local Union No. 126 Retirement Plan reported $877M in total assets and 3,465 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.

  • #8,889 in Construction (9,030 peers)

Coverage in Pennsylvania

IBEW Local Union No. 126 Retirement Plan covers 3,465 participants in Pennsylvania, 4.2x the typical Pennsylvania plan (state average ~822 per filing). Assets: $877M.

#8,889
in Construction (9,030 peers)
+20.1%
assets growth YoY
8.8×
vs typical plan assets (national mean)

IBEW Local Union No. 126 Retirement Plan's outsized position by total assets

IBEW Local Union No. 126 Retirement Plan vs every filed plan by assets

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

$876,601,273 Top 2% higher than 98% 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 No. 126 Retirement Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. IBEW Local Union No. 126 Retirement Plan lands in the large band (3,465 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • IBEW Local Union No. 126 Retirement Plan end-of-year assets rose from $730M in the plan year 2022 filing to $877M in the plan year 2023 filing.
  • IBEW Local Union No. 126 Retirement Plan reported net income rose from $125M in the plan year 2022 filing to $146M in the plan year 2023 filing.
  • IBEW Local Union No. 126 Retirement Plan reported participants rose from 3,292 in the plan year 2022 filing to 3,465 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 232156093 · Trustees of IBEW Local Union No.126 Retirement Plan PY 2023 · 401(k)

IBEW Local Union No. 126 Retirement Plan · $877M · 3,465 · 98th

  • PART $877M
  • PART 3,465
  • PART 98th
  • PART 401(k)
  • PART near The Terracon 401(k) and ESOP Plan
  • PART ind #8889

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 Pennsylvania →

IBEW Local Union No. 126 Retirement Plan in the asset neighbourhood

Assuredpartners 401(k) Plan$878MMorningstar, Inc. 401(k) Plan$878MAmica 401(k) Retirement Savings PlanAmica 401(k) Retirement Savi…$877MIBEW Local Union No. 126 Retirement PlanIBEW Local Union No. 126 Ret…$877MThe Terracon 401(k) and ESOP PlanThe Terracon 401(k) and ESOP…$877M
End-of-year total assets ($M) among IBEW Local Union No. 126 Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$730M
Net Assets (End of Year)$875M
Net Income$146M
Employer EIN232156093
Plan Effective Date1980-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Trustees of IBEW Local Union No.126 Retirement Plan)

Sponsor-wide plan assets over time

All Trustees of IBEW Local Union No.126 Retirement Plan plans reported in each filing year

Latest sponsor-wide plan assets
$1.1B 44.079725428683744% vs 2022
2024 filing year
$0.6B$0.7B$0.8B$0.9B$1B$1.1B 202220232024 $0.73B $1.05B ▲ +43.8%
Year Plans Participants Total Assets
2022 1 3,292 $730M
2023 1 3,465 $877M
2024 1 6,177 $1.1B

Nearby 401(k) Plans in Pennsylvania

Peer 401(k) plans, same state, same plan type, ranked by total assets.

IBEW Local Union No. 126 Retirement Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 05101520 Total assets ($B) Participants IBEW Local Union No. 126 Retirement Plan, Total assets ($B): 0.876601273 · Participants: 3465IBEW Local Union No. 126 Retirement PlanComcast Corporation Retirement - Investment Plan, Total assets ($B): 17.368669862 · Participants: 93136Comcast Corporation Retirement - Investment PlanCigna 401(k) Plan, Total assets ($B): 13.003870935 · Participants: 66760Cigna 401(k) PlanThe Vanguard Retirement and Savings Plan, Total assets ($B): 9.765617477 · Participants: 18200The Vanguard Retirement and Savings PlanThe PNC Financial Services Group, Inc. Incentive Savings Plan, Total assets ($B): 9.339762 · Participants: 61697The PNC Financial Services Group, Inc. Incentive Savings PlanThe Bank of New York Mellon Corporation 401(k) Savings Plan, Total assets ($B): 8.955655142 · Participants: 25184The Bank of New York Mellon Corporation 401(k) Savings Plan
IBEW Local Union No. 126 Retirement Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants
Compare IBEW Local Union No. 126 Retirement Plan side-by-side with 3 peers →

IBEW Local Union No. 126 Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Pennsylvania, the nearest 401(k) by assets is The Terracon 401(k) and ESOP Plan in KS ($877M); by covered participants it is Pride Capital Partners, LLC 401(k) Plan in NY (3,464 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($877M here).

Similar participant headcount

Nearest other-state filings by covered participants (3,465 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 No. 126 Retirement Plan assets move in 2023? ▼
IBEW Local Union No. 126 Retirement Plan grew sharply - up 20.1% during 2023, from $730M to $877M. Reported net income was $146M.
How have Trustees of IBEW Local Union No.126 Retirement Plan plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Trustees of IBEW Local Union No.126 Retirement Plan's sponsor-wide assets grew 44.1%, from $730M to $1.1B.
Where does IBEW Local Union No. 126 Retirement Plan rank by assets among Form 5500 filers? ▼
IBEW Local Union No. 126 Retirement Plan ranks in the 98th 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 401(k) plans are similar in size to IBEW Local Union No. 126 Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is The Terracon 401(k) and ESOP Plan in KS ($877M, 5,896 participants).
Which 401(k) plans cover a similar participant headcount to IBEW Local Union No. 126 Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Pride Capital Partners, LLC 401(k) Plan in NY (3,464 participants, $33M 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 232156093.

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.