Other
2023 plan-year Other DOL Form 5500

I.B.E.W. LOCAL 490 PENSION FUND

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

JOINT BOARD OF TRUSTEES OF I.B.E.W. 490 PENSION

This Other plan holds $66M in total assets and serves 245 participants as of 2023. It is sponsored by JOINT BOARD OF TRUSTEES OF I.B.E.W. 490 PENSION in New Hampshire. The plan reported positive net income of $8M for the year.

Total Assets (2023)
$66M
Participants
245
Industry
Construction

What the Filing Says About I.B.E.W. LOCAL 490 PENSION FUND

I.B.E.W. LOCAL 490 PENSION FUND is a Other retirement plan sponsored by JOINT BOARD OF TRUSTEES OF I.B.E.W. 490 PENSION, headquartered in New Hampshire. As of the 2023 Form 5500 filing, the plan reports $66M in total end-of-year assets and covers 245 participants across the Construction industry. The sponsor's EIN on file with the U.S. Department of Labor is 026026500, and the plan has been effective since 1964-05-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $58M at the beginning of 2023 to $66M at year-end — a gain of 13.6%. Net assets (after liabilities) closed the year at $66M, with reported net income of $8M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 1 prior plan-year filing from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$58M
Total Assets (End of Year)$66M
Net Assets (End of Year)$66M
Net Income$8M
Plan TypeOther
Employer EIN026026500
Plan Effective Date1964-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (JOINT BOARD OF TRUSTEES OF I.B.E.W. 490 PENSION)

Year Plans Participants Total Assets
2022 1 262 $58M
2023 1 245 $66M

Nearby Other Plans in New Hampshire

Peer Other plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the I.B.E.W. LOCAL 490 PENSION FUND?
As of the 2023 Form 5500 filing, I.B.E.W. LOCAL 490 PENSION FUND holds $66M in total assets with 245 participants. It is sponsored by JOINT BOARD OF TRUSTEES OF I.B.E.W. 490 PENSION.
What type of plan is I.B.E.W. LOCAL 490 PENSION FUND?
I.B.E.W. LOCAL 490 PENSION FUND is a Other plan. It has been effective since 1964-05-01. The plan is filed with the U.S. Department of Labor under EIN 026026500.
Who sponsors the I.B.E.W. LOCAL 490 PENSION FUND?
I.B.E.W. LOCAL 490 PENSION FUND is sponsored by JOINT BOARD OF TRUSTEES OF I.B.E.W. 490 PENSION, located in New Hampshire. The sponsor's EIN is 026026500 and the plan operates in the Construction industry.
How did I.B.E.W. LOCAL 490 PENSION FUND perform in 2023?
I.B.E.W. LOCAL 490 PENSION FUND grew by 13.6% during 2023, moving from $58M to $66M in total assets. Net income was $8M.
Where can I find official filings for I.B.E.W. LOCAL 490 PENSION FUND?
Official Form 5500 filings for I.B.E.W. LOCAL 490 PENSION FUND are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 026026500 or plan name at efast.dol.gov.
How does I.B.E.W. LOCAL 490 PENSION FUND compare to other plans?
You can compare I.B.E.W. LOCAL 490 PENSION FUND against other Other plans on the plan type page, or view plans in New Hampshire on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 026026500.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.