Defined Benefit (Pension) · DOL Form 5500 · 2023

Trustees of Local Union No. 9, IBEW and Outside Contractors Pension Fu Pension Plan

Data updated 2026-08-11

$376M
Total assets: 1,118
Participants: 97th
Percentile by assets: $336,072
Avg per participant

Official DOL plan name: Local Union No. 9 I.B.E.W. and Outside Contractors Pension Fund · Sponsored by Trustees of Local Union No. 9, IBEW and Outside Contractors Pension Fu · Illinois · Construction

$376M in assets, 1,118 participants

Trustees of Local Union No. 9, IBEW and Outside Contractors Pension Fu's Local Union No. 9 I.B.E.W. and Outside Contractors Pension Fund reported $376M in total assets and 1,118 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.

97th percentile by assets (of 127,072 plans)
#8,689 in Construction (9,030 peers)

Where Local Union No. 9 I.B.E.W. and Outside Contractors Pension Fund sits by assets

Local Union No. 9 I.B.E.W. and Outside Contractors Pension Fund sits in the top 5% of all filed plans by assets, $376M for 1,118 participants (~$336,072/participant), up 18.3% in 2023.

$376M
total plan assets (2023 EOY): 1,118
covered participants: 97th
percentile by assets (of 127,072 plans): $336,072
avg assets per participant

Local Union No. 9 I.B.E.W. and Outside Contractors Pension Fund reported net income rose from $15M in the plan year 2022 filing to $58M in the plan year 2023 filing.
Local Union No. 9 I.B.E.W. and Outside Contractors Pension Fund end-of-year assets rose from $318M in the plan year 2022 filing to $376M in the plan year 2023 filing.
Local Union No. 9 I.B.E.W. and Outside Contractors Pension Fund reported participants fell from 1,147 in the plan year 2022 filing to 1,118 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Illinois

Industry

Construction

Local Union No. 9 I.B.E.W. and Outside Contractors Pension Fund vs the 2023 asset distribution

By assets, Local Union No. 9 I.B.E.W. and Outside Contractors Pension Fund outranks 97% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 3.8x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)	$318M
Net Assets (End of Year)	$375M
Net Income	$58M
Employer EIN	516077720
Plan Effective Date	1965-07-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Trustees of Local Union No. 9, IBEW and Outside Contractors Pension Fu)

Total plan assets by year, all Trustees of Local Union No. 9, IBEW and Outside Contractors Pension Fu plans on file

Year	Plans	Participants	Total Assets
2022	1	1,147	$318M
2023	1	1,118	$376M

Nearby Defined Benefit (Pension) Plans in Illinois

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

Local Union No. 9 I.B.E.W. and Outside Contractors Pension Fund vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants

Central States, Southeast & Southwest Areas Pension Plan $49.7B · 48,538
State Farm Insurance Companies Retirement Plan for United States Employees $35.2B · 45,001
United Food & Commercial Workers Intl Union - Industry Pension Fund $8.0B · 20,680
John Deere Pension Plan for Salaried Employees $8.0B · 16,346
Abbott Laboratories Annuity Retirement Plan $7.8B · 17,382

Compare Local Union No. 9 I.B.E.W. and Outside C… side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Local Union No. 9 I.B.E.W. and Outside Contractors Pension Fund by total assets, not by location.

Kaiser Permanente Physicians and Employees Retirement Plan (CA) $376M · 1,185
Ironworkers Local 11 Pension Fund (NJ) $376M · 1,159
Foster Farms Group Pension Plan (CA) $375M · 2,691
Smart Local Unions and Councils Pension Fund (VA) $375M · 938

Frequently Asked Questions

How did Local Union No. 9 I.B.E.W. and Outside Contractors Pension Fund assets move in 2023? ▼

Local Union No. 9 I.B.E.W. and Outside Contractors Pension Fund grew sharply - up 18.3% during 2023, from $318M to $376M. Reported net income was $58M.

How have Trustees of Local Union No. 9, IBEW and Outside Contractors Pension Fu plan assets changed over time? ▼

Across 2 plan years on file (2022-2023), Trustees of Local Union No. 9, IBEW and Outside Contractors Pension Fu's sponsor-wide assets grew 18.3%, from $318M to $376M.

Where does Local Union No. 9 I.B.E.W. and Outside Contractors Pension Fund rank by assets among Form 5500 filers? ▼

Local Union No. 9 I.B.E.W. and Outside Contractors Pension 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. 9 I.B.E.W. and Outside Contractors Pension Fund? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is Kaiser Permanente Physicians and Employees Retirement Plan in CA ($376M, 1,185 participants).

Next read for Local Union No. 9 I.B.E.W. and Outside C…

Scale reading

Ways to act on Local Union No. 9 I.B.E.W. and Outside Contractors Pension Fund's numbers.

By total assets, Local Union No. 9 I.B.E.W. and Outside Contractors Pension Fund ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Illinois. Compare plans
Trustees of Local Union No. 9, IBEW and Outside Contractors Pension Fu's sponsor-wide assets have grown 18.3% since 2022 across 2 plan years on file. More Construction plans

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 516077720.