Defined Benefit (Pension) · DOL Form 5500 · 2023

IBEW Local Union No. 124 Pension Trust Fund Pension Plan

Data updated 2026-08-25

$353M
Total assets Above avg plan size
2,078
Participants Near avg headcount
97th
Percentile by assets National rank
$169,943
Avg per participant Above avg balance/head
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Official DOL plan name: Local Union No. 124 I. B. E. W. Pension Trust Fund · Sponsored by IBEW Local Union No. 124 Pension Trust Fund · Missouri · Construction

$353M in assets, 2,078 participants

IBEW Local Union No. 124 Pension Trust Fund's Local Union No. 124 I. B. E. W. Pension Trust Fund reported $353M in total assets and 2,078 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.

  • #8,672 in Construction (9,030 peers)

Coverage in Missouri

Local Union No. 124 I. B. E. W. Pension Trust Fund covers 2,078 participants in Missouri, 2.8x the typical Missouri plan (state average ~737 per filing). Assets: $353M.

#8,672
in Construction (9,030 peers)
+12.3%
assets growth YoY
3.5×
vs typical plan assets (national mean)

Local Union No. 124 I. B. E. W. Pension Trust Fund's outsized position by total assets

Local Union No. 124 I. B. E. W. Pension Trust Fund vs every filed plan by assets

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

$353,142,124 Top 3% higher than 97% 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

Local Union No. 124 I. B. E. W. Pension Trust Fund'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. Local Union No. 124 I. B. E. W. Pension Trust Fund lands in the large band (2,078 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Local Union No. 124 I. B. E. W. Pension Trust Fund reported net income rose from $13M in the plan year 2022 filing to $38M in the plan year 2023 filing.
  • Local Union No. 124 I. B. E. W. Pension Trust Fund end-of-year assets rose from $315M in the plan year 2022 filing to $353M in the plan year 2023 filing.
  • Local Union No. 124 I. B. E. W. Pension Trust Fund reported participants rose from 1,963 in the plan year 2022 filing to 2,078 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 430817626 · IBEW Local Union No. 124 Pension Trust Fund PY 2023 · Defined Benefit (Pension)

Local Union No. 124 I. B. E. W. Pension Trust Fund · $353M · 2,078 · 97th

  • PCT $353M
  • PCT 2,078
  • PCT 97th
  • PCT Defined Benefit (Pension)
  • PCT near Plumbers Pipe Fitters & Mechanical Equipment Service Local Union No. 392 Pension Plan
  • PCT ind #8672

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 Missouri →

Local Union No. 124 I. B. E. W. Pension Trust Fund in the asset neighbourhood

Weil, Gotshal & Manges Partners' Defined Benefit PlanWeil, Gotshal & Manges Partn…$354MHouston Pilots Retirement Plan and TrustHouston Pilots Retirement Pl…$354MLocal Union No. 124 I. B. E. W. Pension Trust FundLocal Union No. 124 I. B. E.…$353MPlumbers Pipe Fitters & Mechanical Equipment Service Local Union No. 392 Pension PlanPlumbers Pipe Fitters & Mech…$353MUpstate New York Engineers Pension FundUpstate New York Engineers P…$353M
End-of-year total assets ($M) among Local Union No. 124 I. B. E. W. Pension Trust Fund and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Missouri filing particulars

Total Assets (Beginning of Year)$315M
Net Assets (End of Year)$352M
Net Income$38M
Employer EIN430817626
Plan Effective Date1965-01-07
Filing StatusFILING RECEIVED

Sponsor Plan History (IBEW Local Union No. 124 Pension Trust Fund)

Sponsor-wide plan assets over time

All IBEW Local Union No. 124 Pension Trust Fund plans reported in each filing year

Latest sponsor-wide plan assets
$384M 22.1282157412515% vs 2022
2024 filing year
$300M$350M$400M 202220232024 $315M $384M ▲ +22.1%
Year Plans Participants Total Assets
2022 1 1,963 $315M
2023 1 2,078 $353M
2024 1 2,230 $384M

Nearby Defined Benefit (Pension) Plans in Missouri

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

Local Union No. 124 I. B. E. W. Pension Trust Fund vs. nearby Defined Benefit (Pension) plans in Missouri, assets vs. participants Scatter plot of 6 data points. 010000200003000040000 -20246810 Total assets ($B) Participants Local Union No. 124 I. B. E. W. Pension Trust Fund, Total assets ($B): 0.353142124 · Participants: 2078Local Union No. 124 I. B. E. W. Pension Trust FundBoilermaker-Blacksmith National Pension Trust, Total assets ($B): 7.787453474 · Participants: 30358Boilermaker-Blacksmith National Pension TrustAmeren Retirement Plan, Total assets ($B): 4.709766277 · Participants: 10156Ameren Retirement PlanCo-Op Retirement Plan, Total assets ($B): 3.457605028 · Participants: 14993Co-Op Retirement PlanEmerson Electric Company Retirement Plan, Total assets ($B): 3.376279254 · Participants: 2671Emerson Electric Company Retirement PlanCarpenters Pension Trust Fund of St. Louis, Total assets ($B): 3.265514848 · Participants: 11420Carpenters Pension Trust Fund of St. Louis
Local Union No. 124 I. B. E. W. Pension Trust Fund vs. nearby Defined Benefit (Pension) plans in Missouri, assets vs. participants
Compare Local Union No. 124 I. B. E. W. Pension Trust Fund side-by-side with 3 peers →

Local Union No. 124 I. B. E. W. Pension Trust Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Missouri, the nearest Defined Benefit (Pension) by assets is Plumbers Pipe Fitters & Mechanical Equipment Service Local Union No. 392 Pension Plan in OH ($353M); by covered participants it is Pension Plan a for Employees of Consumer Energy Company in MI (2,077 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,078 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 Local Union No. 124 I. B. E. W. Pension Trust Fund assets move in 2023? ▼
Local Union No. 124 I. B. E. W. Pension Trust Fund grew at a solid clip - up 12.3% during 2023, from $315M to $353M. Reported net income was $38M.
How have IBEW Local Union No. 124 Pension Trust Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), IBEW Local Union No. 124 Pension Trust Fund's sponsor-wide assets grew 22.1%, from $315M to $384M.
Where does Local Union No. 124 I. B. E. W. Pension Trust Fund rank by assets among Form 5500 filers? ▼
Local Union No. 124 I. B. E. W. Pension Trust Fund ranks in the 97th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Local Union No. 124 I. B. E. W. Pension Trust Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Plumbers Pipe Fitters & Mechanical Equipment Service Local Union No. 392 Pension Plan in OH ($353M, 1,526 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Local Union No. 124 I. B. E. W. Pension Trust Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Pension Plan a for Employees of Consumer Energy Company in MI (2,077 participants, $2.0B 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 430817626.

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.