Defined Benefit (Pension) · DOL Form 5500 · 2023

Joint Board of Trustees of I.B.E.W. 490 Pension Pension Plan

Data updated 2026-08-25

$66M
Total assets Below avg plan size
245
Participants Below avg headcount
88th
Percentile by assets National rank
$268,069
Avg per participant High balance/head
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Official DOL plan name: I.B.E.W. Local 490 Pension Fund · Sponsored by Joint Board of Trustees of I.B.E.W. 490 Pension · New Hampshire · Construction

$66M in assets, 245 participants

Joint Board of Trustees of I.B.E.W. 490 Pension's I.B.E.W. Local 490 Pension Fund reported $66M in total assets and 245 participants in its 2023 DOL Form 5500 filing, ranking in the 88th 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.

  • #7,766 in Construction (9,030 peers)

Where I.B.E.W. Local 490 Pension Fund sits by assets

I.B.E.W. Local 490 Pension Fund sits in the top quartile of all filed plans by assets, $66M for 245 participants (~$268,069/participant), up 13.6% in 2023.

#7,766
in Construction (9,030 peers)
+13.6%
assets growth YoY
0.7×
vs typical plan assets (national mean)

I.B.E.W. Local 490 Pension Fund's outsized position by total assets

I.B.E.W. Local 490 Pension Fund vs every filed plan by assets

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

$65,676,992 Top 12% higher than 88% 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

I.B.E.W. Local 490 Pension Fund 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. I.B.E.W. Local 490 Pension Fund sits mid-pack in the medium band (245 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • I.B.E.W. Local 490 Pension Fund reported net income rose from -$2M in the plan year 2022 filing to $8M in the plan year 2023 filing.
  • I.B.E.W. Local 490 Pension Fund end-of-year assets rose from $58M in the plan year 2022 filing to $66M in the plan year 2023 filing.
  • I.B.E.W. Local 490 Pension Fund reported participants fell from 262 in the plan year 2022 filing to 245 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 026026500 · Joint Board of Trustees of I.B.E.W. 490 Pension PY 2023 · Defined Benefit (Pension)

I.B.E.W. Local 490 Pension Fund · $66M · 245 · 88th

  • SCH $66M
  • EBSA 245
  • PART 88th
  • TYPE Defined Benefit (Pension)
  • NET near Major League Baseball Pension Plan for Non-Uniformed Personnel
  • BOOK ind #7766

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 Hampshire →

I.B.E.W. Local 490 Pension Fund in the asset neighbourhood

Heat and Frost Insulators Pension PlanHeat and Frost Insulators Pe…$66MLocal 966 Pension Plan$66MInsulators Local 23 Pension PlanInsulators Local 23 Pension …$66MMajor League Baseball Pension Plan for Non-Uniformed PersonnelMajor League Baseball Pensio…$66MI.B.E.W. Local 490 Pension FundI.B.E.W. Local 490 Pension F…$66M
End-of-year total assets ($M) among I.B.E.W. Local 490 Pension Fund and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

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

Sponsor Plan History (Joint Board of Trustees of I.B.E.W. 490 Pension)

Sponsor-wide plan assets over time

All Joint Board of Trustees of I.B.E.W. 490 Pension plans reported in each filing year

Latest sponsor-wide plan assets
$70M 21.03424881368103% vs 2022
2024 filing year
$55M$60M$65M$70M$75M 202220232024 $57.8M $70M ▲ +21.0%
Year Plans Participants Total Assets
2022 1 262 $58M
2023 1 245 $66M
2024 1 237 $70M

Nearby Defined Benefit (Pension) Plans in New Hampshire

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

I.B.E.W. Local 490 Pension Fund vs. nearby Defined Benefit (Pension) plans in New Hampshire, assets vs. participants Scatter plot of 6 data points. 01000200030004000 0200400600800 Total assets ($M) Participants I.B.E.W. Local 490 Pension Fund, Total assets ($M): 65.676992 · Participants: 245I.B.E.W. Local 490 Pension FundPension Plan for Employees of Dartmouth-Hitchcock, Total assets ($M): 625.683263 · Participants: 1514Pension Plan for Employees of Dartmouth-HitchcockRetirement Plan for Employees of Concord Hospital, Total assets ($M): 379.810141 · Participants: 3425Retirement Plan for Employees of Concord HospitalElliot Health System Pension Plan, Total assets ($M): 277.808703 · Participants: 520Elliot Health System Pension PlanCatholic Medical Center Pension Plan, Total assets ($M): 221.250544 · Participants: 397Catholic Medical Center Pension PlanOsram Sylvania Pension Plan, Total assets ($M): 220.988013 · Participants: 275Osram Sylvania Pension Plan
I.B.E.W. Local 490 Pension Fund vs. nearby Defined Benefit (Pension) plans in New Hampshire, assets vs. participants
Compare I.B.E.W. Local 490 Pension Fund side-by-side with 3 peers →

I.B.E.W. Local 490 Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New Hampshire, the nearest Defined Benefit (Pension) by assets is Major League Baseball Pension Plan for Non-Uniformed Personnel in MO ($66M); by covered participants it is Plumbers and Pipefitters Local Union 553 Pension Plan in IL (245 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($66M here).

Similar participant headcount

Nearest other-state filings by covered participants (245 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 I.B.E.W. Local 490 Pension Fund assets move in 2023? ▼
I.B.E.W. Local 490 Pension Fund grew at a solid clip - up 13.6% during 2023, from $58M to $66M. Reported net income was $8M.
How have Joint Board of Trustees of I.B.E.W. 490 Pension plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Joint Board of Trustees of I.B.E.W. 490 Pension's sponsor-wide assets grew 21.0%, from $58M to $70M.
Where does I.B.E.W. Local 490 Pension Fund rank by assets among Form 5500 filers? ▼
I.B.E.W. Local 490 Pension Fund ranks in the 88th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to I.B.E.W. Local 490 Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Major League Baseball Pension Plan for Non-Uniformed Personnel in MO ($66M, 119 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to I.B.E.W. Local 490 Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Plumbers and Pipefitters Local Union 553 Pension Plan in IL (245 participants, $54M 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 026026500.

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.