Money Purchase · DOL Form 5500 · 2023

IBEW Local Union 668 Money Purchase Plan

Data updated 2026-08-25

$85M
Total assets Below avg plan size
1,162
Participants Near avg headcount
90th
Percentile by assets National rank
$73,526
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: IBEW Local Union 668 Employees Pension Plan · Sponsored by IBEW Local Union 668 · Indiana · Construction

$85M in assets, 1,162 participants

IBEW Local Union 668's IBEW Local Union 668 Employees Pension Plan reported $85M in total assets and 1,162 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.

  • #7,980 in Construction (9,030 peers)

Coverage in Indiana

IBEW Local Union 668 Employees Pension Plan covers 1,162 participants in Indiana, 2.1x the typical Indiana plan (state average ~541 per filing). Assets: $85M.

#7,980
in Construction (9,030 peers)
+23.9%
assets growth YoY
0.9×
vs typical plan assets (national mean)

IBEW Local Union 668 Employees Pension Plan's outsized position by total assets

IBEW Local Union 668 Employees Pension Plan vs every filed plan by assets

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

$85,437,747 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 Union 668 Employees Pension 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 668 Employees Pension Plan lands in the large band (1,162 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • IBEW Local Union 668 Employees Pension Plan reported net income rose from $414K in the plan year 2022 filing to $16M in the plan year 2023 filing.
  • IBEW Local Union 668 Employees Pension Plan reported participants rose from 582 in the plan year 2022 filing to 1,162 in the plan year 2023 filing.
  • IBEW Local Union 668 Employees Pension Plan end-of-year assets rose from $69M in the plan year 2022 filing to $85M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 311252733 · IBEW Local Union 668 PY 2023 · Money Purchase

IBEW Local Union 668 Employees Pension Plan · $85M · 1,162 · 90th

  • PART $85M
  • TYPE 1,162
  • NET 90th
  • BOOK Money Purchase
  • VS-ST near Carnegie Corporation of New York Defined Contribution Retirement Plan
  • BOY ind #7980

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 Indiana →

IBEW Local Union 668 Employees Pension Plan in the asset neighbourhood

Shopmen's Iron Workers Retirement Fund of Southern CaliforniaShopmen's Iron Workers Retir…$86MLocal 804 Annuity Fund$86MCarnegie Corporation of New York Defined Contribution Retirement PlanCarnegie Corporation of New …$86MIBEW Local Union 668 Employees Pension PlanIBEW Local Union 668 Employe…$85MPlumbers & Steamfitters Local 81 Annuity FundPlumbers & Steamfitters Loca…$85M
End-of-year total assets ($M) among IBEW Local Union 668 Employees Pension Plan and nearest nationwide Money Purchase peers. Source: DOL Form 5500 plan year 2023.

Indiana filing particulars

Total Assets (Beginning of Year)$69M
Net Assets (End of Year)$85M
Net Income$16M
Employer EIN311252733
Plan Effective Date1988-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (IBEW Local Union 668)

Sponsor-wide plan assets over time

All IBEW Local Union 668 plans reported in each filing year

Latest sponsor-wide plan assets
$96M 39.23888128064763% vs 2022
2024 filing year
$60M$70M$80M$90M$100M 202220232024 $69M $96M ▲ +39.2%
Year Plans Participants Total Assets
2022 1 582 $69M
2023 1 1,162 $85M
2024 1 1,260 $96M

Nearby Money Purchase Plans in Indiana

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

IBEW Local Union 668 Employees Pension Plan vs. nearby Money Purchase plans in Indiana, assets vs. participants Scatter plot of 6 data points. 01000200030004000 0100200300400500 Total assets ($M) Participants IBEW Local Union 668 Employees Pension Plan, Total assets ($M): 85.437747 · Participants: 1162IBEW Local Union 668 Employees Pension PlanI.B.E.W Local 697 Defined Contribution Plan, Total assets ($M): 389.744986 · Participants: 981I.B.E.W Local 697 Defined Contribution PlanRose-Hulman Institute of Technology Money Purchase Purchase Plan, Total assets ($M): 201.953419 · Participants: 593Rose-Hulman Institute of Technology Money Purchase Purchase PlanPlumbers and Steamfitters Local 440 Defined Contribution Plan, Total assets ($M): 172.696922 · Participants: 2898Plumbers and Steamfitters Local 440 Defined Contribution PlanIBEW Local 531 & NECA Money Purchase Pension Plan, Total assets ($M): 120.85166 · Participants: 540IBEW Local 531 & NECA Money Purchase Pension PlanInternational Brotherhood of Electrical Workers Local No 725 Supplemental Pension Trust, Total assets ($M): 115.226502 · Participants: 1051International Brotherhood of Electrical Workers Local No 725 Supplemental Pension Trust
IBEW Local Union 668 Employees Pension Plan vs. nearby Money Purchase plans in Indiana, assets vs. participants

IBEW Local Union 668 Employees Pension Plan's out-of-state Money Purchase peers by assets and headcount

Outside Indiana, the nearest Money Purchase by assets is Carnegie Corporation of New York Defined Contribution Retirement Plan in NY ($86M); by covered participants it is Ironworkers Local 11 Annuity Fund in NJ (1,159 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,162 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 668 Employees Pension Plan assets move in 2023?
IBEW Local Union 668 Employees Pension Plan grew sharply - up 23.9% during 2023, from $69M to $85M. Reported net income was $16M.
How have IBEW Local Union 668 plan assets changed over time?
Across 3 plan years on file (2022-2024), IBEW Local Union 668's sponsor-wide assets grew 39.2%, from $69M to $96M.
Where does IBEW Local Union 668 Employees Pension Plan rank by assets among Form 5500 filers?
IBEW Local Union 668 Employees Pension Plan 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 Union 668 Employees Pension Plan?
Among Money Purchase plans in other states, the closest by assets is Carnegie Corporation of New York Defined Contribution Retirement Plan in NY ($86M, 92 participants).
Which Money Purchase plans cover a similar participant headcount to IBEW Local Union 668 Employees Pension Plan?
Among Money Purchase plans in other states, the closest by covered participants is Ironworkers Local 11 Annuity Fund in NJ (1,159 participants, $375M in assets).