Defined Benefit (Pension) · DOL Form 5500 · 2023

Board of Trustees-Pension Fund Local 96-IBEW Pension Plan

Data updated 2026-08-25

$62M
Total assets Below avg plan size
274
Participants Below avg headcount
88th
Percentile by assets National rank
$226,869
Avg per participant Above avg balance/head
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Official DOL plan name: Pension Fund Local 96-IBEW · Sponsored by Board of Trustees-Pension Fund Local 96-IBEW · Connecticut · Construction

$62M in assets, 274 participants

Board of Trustees-Pension Fund Local 96-IBEW's Pension Fund Local 96-IBEW reported $62M in total assets and 274 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.

  • #7,729 in Construction (9,030 peers)

Coverage in Connecticut

Pension Fund Local 96-IBEW covers 274 participants in Connecticut, about 38% of the average Connecticut filer (state average ~718 per filing). Assets: $62M.

#7,729
in Construction (9,030 peers)
+5.5%
assets growth YoY
0.6×
vs typical plan assets (national mean)

Pension Fund Local 96-IBEW's outsized position by total assets

Pension Fund Local 96-IBEW vs every filed plan by assets

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

$62,161,982 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

Pension Fund Local 96-IBEW 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. Pension Fund Local 96-IBEW sits mid-pack in the medium band (274 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Pension Fund Local 96-IBEW reported net income rose from $2M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Pension Fund Local 96-IBEW end-of-year assets rose from $59M in the plan year 2022 filing to $62M in the plan year 2023 filing.
  • Pension Fund Local 96-IBEW reported participants rose from 269 in the plan year 2022 filing to 274 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 046295080 · Board of Trustees-Pension Fund Local 96-IBEW PY 2023 · Defined Benefit (Pension)

Pension Fund Local 96-IBEW · $62M · 274 · 88th

  • EBSA $62M
  • PART 274
  • TYPE 88th
  • NET Defined Benefit (Pension)
  • BOOK near The First National Bank of Long Island Pension Plan
  • VS-ST ind #7729

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 Connecticut →

Pension Fund Local 96-IBEW in the asset neighbourhood

Pension Fund Local 96-IBEW$62MThe First National Bank of Long Island Pension PlanThe First National Bank of L…$62MImerys USA Pension Plan$62MThe Terumo Retirement Plan$62MMarelli North America, Inc. Defined Benefit PlanMarelli North America, Inc. …$62M
End-of-year total assets ($M) among Pension Fund Local 96-IBEW and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Connecticut filing particulars

Total Assets (Beginning of Year)$59M
Net Assets (End of Year)$62M
Net Income$3M
Employer EIN046295080
Plan Effective Date1965-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees-Pension Fund Local 96-IBEW)

Sponsor-wide plan assets over time

All Board of Trustees-Pension Fund Local 96-IBEW plans reported in each filing year

Latest sponsor-wide plan assets
$178M 14.647529825658667% vs 2022
2024 filing year
$150M$160M$170M$180M$190M 202220232024 $155M $178M ▲ +14.6%
Year Plans Participants Total Assets
2022 2 942 $155M
2023 2 968 $165M
2024 2 1,022 $178M

Nearby Defined Benefit (Pension) Plans in Connecticut

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

Pension Fund Local 96-IBEW vs. nearby Defined Benefit (Pension) plans in Connecticut, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -1001020304050 Total assets ($B) Participants Pension Fund Local 96-IBEW, Total assets ($B): 0.062161982 · Participants: 274Pension Fund Local 96-IBEWRtx Consolidated Pension Plan, Total assets ($B): 43.752088232 · Participants: 23823Rtx Consolidated Pension PlanThe Citigroup Pension Plan, Total assets ($B): 10.610367002 · Participants: 17283The Citigroup Pension PlanEversource Pension Plan, Total assets ($B): 5.8761342 · Participants: 3717Eversource Pension PlanRetirement Plan for Employees of Aetna Inc., Total assets ($B): 5.40003759 · Participants: 10546Retirement Plan for Employees of Aetna Inc.The Hartford Retirement Plan for U.S. Employees, Total assets ($B): 3.580099386 · Participants: 7529The Hartford Retirement Plan for U.S. Employees
Pension Fund Local 96-IBEW vs. nearby Defined Benefit (Pension) plans in Connecticut, assets vs. participants
Compare Pension Fund Local 96-IBEW side-by-side with 3 peers →

Pension Fund Local 96-IBEW's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Connecticut, the nearest Defined Benefit (Pension) by assets is The First National Bank of Long Island Pension Plan in NY ($62M); by covered participants it is Oneal Steel Consolidated Pension Plan for Salaried, Hourly and Union Employees in AL (274 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($62M here).

Similar participant headcount

Nearest other-state filings by covered participants (274 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 Pension Fund Local 96-IBEW assets move in 2023? ▼
Pension Fund Local 96-IBEW grew at a solid clip - up 5.5% during 2023, from $59M to $62M. Reported net income was $3M.
How have Board of Trustees-Pension Fund Local 96-IBEW plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees-Pension Fund Local 96-IBEW's sponsor-wide assets grew 14.6%, from $155M to $178M.
Where does Pension Fund Local 96-IBEW rank by assets among Form 5500 filers? ▼
Pension Fund Local 96-IBEW 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 Pension Fund Local 96-IBEW? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is The First National Bank of Long Island Pension Plan in NY ($62M, 190 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Pension Fund Local 96-IBEW? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Oneal Steel Consolidated Pension Plan for Salaried, Hourly and Union Employees in AL (274 participants, N/A 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 046295080.

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.