Defined Benefit (Pension) · DOL Form 5500 · 2023

I.B.E.W Local 1579 Pension Plan Board of Trustees Pension Plan

Data updated 2026-08-25

$217M
Total assets Near avg plan size
846
Participants Near avg headcount
95th
Percentile by assets National rank
$255,932
Avg per participant Above avg balance/head
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Official DOL plan name: I.B.E.W. Local 1579 Pension Plan · Sponsored by I.B.E.W Local 1579 Pension Plan Board of Trustees · Florida · Construction

$217M in assets, 846 participants

I.B.E.W Local 1579 Pension Plan Board of Trustees's I.B.E.W. Local 1579 Pension Plan reported $217M in total assets and 846 participants in its 2023 DOL Form 5500 filing, ranking in the 95th 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.

  • #8,500 in Construction (9,030 peers)

Where I.B.E.W. Local 1579 Pension Plan sits by assets

I.B.E.W. Local 1579 Pension Plan sits in the top 5% of all filed plans by assets, $217M for 846 participants (~$255,932/participant), up 19.5% in 2023.

#8,500
in Construction (9,030 peers)
+19.5%
assets growth YoY
2.2×
vs typical plan assets (national mean)

I.B.E.W. Local 1579 Pension Plan's outsized position by total assets

I.B.E.W. Local 1579 Pension Plan vs every filed plan by assets

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

$216,518,114 Top 5% higher than 95% 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 1579 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 1579 Pension Plan sits mid-pack in the medium band (846 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • I.B.E.W. Local 1579 Pension Plan reported net income rose from $16M in the plan year 2022 filing to $35M in the plan year 2023 filing.
  • I.B.E.W. Local 1579 Pension Plan end-of-year assets rose from $181M in the plan year 2022 filing to $217M in the plan year 2023 filing.
  • I.B.E.W. Local 1579 Pension Plan reported participants fell from 1,018 in the plan year 2022 filing to 846 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 581254974 · I.B.E.W Local 1579 Pension Plan Board of Trustees PY 2023 · Defined Benefit (Pension)

I.B.E.W. Local 1579 Pension Plan · $217M · 846 · 95th

  • NET $217M
  • BOOK 846
  • VS-ST 95th
  • BOY Defined Benefit (Pension)
  • SCH near Avantor Pension Plan
  • EBSA ind #8500

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 Florida →

I.B.E.W. Local 1579 Pension Plan in the asset neighbourhood

NECA Local Union No 313 IBEW Pension PlanNECA Local Union No 313 IBEW…$217MNorthwest Bank Pension Plan$217MAvantor Pension Plan$217MI.B.E.W. Local 1579 Pension PlanI.B.E.W. Local 1579 Pension …$217MThe Chambersburg Hospital Pension Plan for Union Represented EmployeesThe Chambersburg Hospital Pe…$216M
End-of-year total assets ($M) among I.B.E.W. Local 1579 Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$181M
Net Assets (End of Year)$216M
Net Income$35M
Employer EIN581254974
Plan Effective Date1975-08-28
Filing StatusFILING RECEIVED

Sponsor Plan History (I.B.E.W Local 1579 Pension Plan Board of Trustees)

Sponsor-wide plan assets over time

All I.B.E.W Local 1579 Pension Plan Board of Trustees plans reported in each filing year

Latest sponsor-wide plan assets
$237M 30.583577418157198% vs 2022
2024 filing year
$160M$180M$200M$220M$240M$260M 202220232024 $181M $237M ▲ +30.6%
Year Plans Participants Total Assets
2022 1 1,018 $181M
2023 1 846 $217M
2024 1 684 $237M

Nearby Defined Benefit (Pension) Plans in Florida

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

I.B.E.W. Local 1579 Pension Plan vs. nearby Defined Benefit (Pension) plans in Florida, assets vs. participants Scatter plot of 6 data points. 050001000015000 -20246810 Total assets ($B) Participants I.B.E.W. Local 1579 Pension Plan, Total assets ($B): 0.216518114 · Participants: 846I.B.E.W. Local 1579 Pension PlanL3harris Technologies Consolidated Pension Plan, Total assets ($B): 7.749240033 · Participants: 4676L3harris Technologies Consolidated Pension PlanNextera Energy, Inc. Employee Pension Plan, Total assets ($B): 5.124263985 · Participants: 13121Nextera Energy, Inc. Employee Pension PlanCsx Pension Plan, Total assets ($B): 2.367781795 · Participants: 2446Csx Pension PlanRetirement Accumulation Plan for Partners of Pwc, Total assets ($B): 2.24071421 · Participants: 3967Retirement Accumulation Plan for Partners of PwcRetirement Benefit Accumulation Plan for Employees of Pwc, Total assets ($B): 1.916753026 · Participants: 5514Retirement Benefit Accumulation Plan for Employees of Pwc
I.B.E.W. Local 1579 Pension Plan vs. nearby Defined Benefit (Pension) plans in Florida, assets vs. participants

I.B.E.W. Local 1579 Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Florida, the nearest Defined Benefit (Pension) by assets is Avantor Pension Plan in PA ($217M); by covered participants it is Local 522 Pension Fund in NY (846 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($217M here).

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 1579 Pension Plan assets move in 2023?
I.B.E.W. Local 1579 Pension Plan grew sharply - up 19.5% during 2023, from $181M to $217M. Reported net income was $35M.
How have I.B.E.W Local 1579 Pension Plan Board of Trustees plan assets changed over time?
Across 3 plan years on file (2022-2024), I.B.E.W Local 1579 Pension Plan Board of Trustees's sponsor-wide assets grew 30.6%, from $181M to $237M.
Where does I.B.E.W. Local 1579 Pension Plan rank by assets among Form 5500 filers?
I.B.E.W. Local 1579 Pension Plan ranks in the 95th 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 I.B.E.W. Local 1579 Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Avantor Pension Plan in PA ($217M, 2,072 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to I.B.E.W. Local 1579 Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Local 522 Pension Fund in NY (846 participants, $108M in assets).