Defined Benefit (Pension) · DOL Form 5500 · 2023

Local Union 106 IBEW Pension Plan

Data updated 2026-08-25

$41M
Total assets Below avg plan size
148
Participants Small participant base
83rd
Percentile by assets National rank
$275,030
Avg per participant High balance/head
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Official DOL plan name: I.B.E.W. Local No. 106 Pension Plan · Sponsored by Local Union 106 IBEW · New York · Finance & Insurance

$41M in assets, 148 participants

Local Union 106 IBEW's I.B.E.W. Local No. 106 Pension Plan reported $41M in total assets and 148 participants in its 2023 DOL Form 5500 filing, ranking in the 83rd 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.

  • #6,595 in Finance & Insurance (8,869 peers)

Coverage in New York

I.B.E.W. Local No. 106 Pension Plan covers 148 participants in New York, about 19% of the average New York filer (state average ~798 per filing). Assets: $41M.

#6,595
in Finance & Insurance (8,869 peers)
+10.3%
assets growth YoY
0.4×
vs typical plan assets (national mean)

I.B.E.W. Local No. 106 Pension Plan's outsized position by total assets

I.B.E.W. Local No. 106 Pension Plan vs every filed plan by assets

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

$40,704,445 Top 17% higher than 83% 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 No. 106 Pension Plan 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 No. 106 Pension Plan sits mid-pack in the medium band (148 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • I.B.E.W. Local No. 106 Pension Plan reported net income rose from $2M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • I.B.E.W. Local No. 106 Pension Plan end-of-year assets rose from $37M in the plan year 2022 filing to $41M in the plan year 2023 filing.
  • I.B.E.W. Local No. 106 Pension Plan reported participants rose from 141 in the plan year 2022 filing to 148 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 166126150 · Local Union 106 IBEW PY 2023 · Defined Benefit (Pension)

I.B.E.W. Local No. 106 Pension Plan · $41M · 148 · 83rd

  • EBSA $41M
  • EBSA 148
  • EBSA 83rd
  • EBSA Defined Benefit (Pension)
  • EBSA near Retirement Plan for Employees of Cambrex Corporation
  • EBSA ind #6595

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 Finance & Insurance retirement plans → · Plans in New York →

I.B.E.W. Local No. 106 Pension Plan in the asset neighbourhood

Mountain States Employers Council, Inc. Pension Plan and TrustMountain States Employers Co…$41MSulzer Pumps (US) Inc. Retirement PlanSulzer Pumps (US) Inc. Retir…$41MPension Plan for Hourly Employees of Swisher International, Inc., Wheeling, WvPension Plan for Hourly Empl…$41MI.B.E.W. Local No. 106 Pension PlanI.B.E.W. Local No. 106 Pensi…$41MRetirement Plan for Employees of Cambrex CorporationRetirement Plan for Employee…$41M
End-of-year total assets ($M) among I.B.E.W. Local No. 106 Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

New York filing particulars

Total Assets (Beginning of Year)$37M
Net Assets (End of Year)$41M
Net Income$4M
Employer EIN166126150
Plan Effective Date1976-07-17
Filing StatusFILING RECEIVED

Sponsor Plan History (Local Union 106 IBEW)

Sponsor-wide plan assets over time

All Local Union 106 IBEW plans reported in each filing year

Latest sponsor-wide plan assets
$78M 29.7973296280841% vs 2022
2024 filing year
$50M$60M$70M$80M 202220232024 $60.1M $78M ▲ +29.8%
Year Plans Participants Total Assets
2022 2 294 $60M
2023 2 312 $70M
2024 2 318 $78M

Nearby Defined Benefit (Pension) Plans in New York

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

I.B.E.W. Local No. 106 Pension Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -100102030 Total assets ($B) Participants I.B.E.W. Local No. 106 Pension Plan, Total assets ($B): 0.040704445 · Participants: 148I.B.E.W. Local No. 106 Pension PlanIBM Personal Pension Plan, Total assets ($B): 24.955758896 · Participants: 14881IBM Personal Pension PlanConsolidated Edison Retirement Plan, Total assets ($B): 16.184377155 · Participants: 10779Consolidated Edison Retirement Plan1199seiu Health Care Employees Pension Fund, Total assets ($B): 16.16620463 · Participants: 1075821199seiu Health Care Employees Pension FundPfizer Consolidated Pension Plan, Total assets ($B): 10.955262618 · Participants: 9616Pfizer Consolidated Pension PlanPepsico Employees Retirement Plan I, Total assets ($B): 7.599669 · Participants: 12289Pepsico Employees Retirement Plan I
I.B.E.W. Local No. 106 Pension Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants
Compare I.B.E.W. Local No. 106 Pension Plan side-by-side with 3 peers →

I.B.E.W. Local No. 106 Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New York, the nearest Defined Benefit (Pension) by assets is Retirement Plan for Employees of Cambrex Corporation in NJ ($41M); by covered participants it is Univest Financial Corporation Retirement Plan in PA (148 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (148 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 No. 106 Pension Plan assets move in 2023? ▼
I.B.E.W. Local No. 106 Pension Plan grew at a solid clip - up 10.3% during 2023, from $37M to $41M. Reported net income was $4M.
How have Local Union 106 IBEW plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Local Union 106 IBEW's sponsor-wide assets grew 29.8%, from $60M to $78M.
Where does I.B.E.W. Local No. 106 Pension Plan rank by assets among Form 5500 filers? ▼
I.B.E.W. Local No. 106 Pension Plan ranks in the 83rd 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 No. 106 Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Retirement Plan for Employees of Cambrex Corporation in NJ ($41M, 39 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to I.B.E.W. Local No. 106 Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Univest Financial Corporation Retirement Plan in PA (148 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 166126150.

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.