Defined Benefit (Pension) · DOL Form 5500 · 2023

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

Data updated 2026-08-25

$376M
Total assets Above avg plan size
1,118
Participants Near avg headcount
97th
Percentile by assets National rank
$336,072
Avg per participant High balance/head
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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.

  • #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.

#8,689
in Construction (9,030 peers)
+18.3%
assets growth YoY
3.8×
vs typical plan assets (national mean)

Local Union No. 9 I.B.E.W. and Outside Contractors Pension Fund's outsized position by total assets

Local Union No. 9 I.B.E.W. and Outside Contractors Pension Fund vs every filed plan by assets

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

$375,728,214 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. 9 I.B.E.W. and Outside Contractors Pension 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. 9 I.B.E.W. and Outside Contractors Pension Fund lands in the large band (1,118 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • 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 →

Published 5500 schedule card

Filing strip 516077720 · Trustees of Local Union No. 9, IBEW and Outside Contractors Pension Fu PY 2023 · Defined Benefit (Pension)

Local Union No. 9 I.B.E.W. and Outside Contractors Pension Fund · $376M · 1,118 · 97th

  • EBSA $376M
  • PART 1,118
  • TYPE 97th
  • NET Defined Benefit (Pension)
  • BOOK near Kaiser Permanente Physicians and Employees Retirement Plan
  • VS-ST ind #8689

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 Illinois →

Local Union No. 9 I.B.E.W. and Outside Contractors Pension Fund in the asset neighbourhood

Ironworkers Local 11 Pension FundIronworkers Local 11 Pension…$376MKaiser Permanente Physicians and Employees Retirement PlanKaiser Permanente Physicians…$376MLocal Union No. 9 I.B.E.W. and Outside Contractors Pension FundLocal Union No. 9 I.B.E.W. a…$376MFoster Farms Group Pension PlanFoster Farms Group Pension P…$375MSmart Local Unions and Councils Pension FundSmart Local Unions and Counc…$375M
End-of-year total assets ($M) among Local Union No. 9 I.B.E.W. and Outside Contractors Pension Fund and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$318M
Net Assets (End of Year)$375M
Net Income$58M
Employer EIN516077720
Plan Effective Date1965-07-01
Filing StatusFILING RECEIVED

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

Sponsor-wide plan assets over time

All Trustees of Local Union No. 9, IBEW and Outside Contractors Pension Fu plans reported in each filing year

Latest sponsor-wide plan assets
$376M 18.321652926046852% vs 2022
2023 filing year
$300M$320M$340M$360M$380M$400M 20222023 $318M $376M ▲ +18.3%
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 Scatter plot of 6 data points. -200000200004000060000 -200204060 Total assets ($B) Participants Local Union No. 9 I.B.E.W. and Outside Contractors Pension Fund, Total assets ($B): 0.375728214 · Participants: 1118Local Union No. 9 I.B.E.W. and Outside Contractors Pension FundCentral States, Southeast & Southwest Areas Pension Plan, Total assets ($B): 49.680270595 · Participants: 48538Central States, Southeast & Southwest Areas Pension PlanState Farm Insurance Companies Retirement Plan for United States Employees, Total assets ($B): 35.242945747 · Participants: 45001State Farm Insurance Companies Retirement Plan for United States EmployeesUnited Food & Commercial Workers Intl Union - Industry Pension Fund, Total assets ($B): 7.965094339 · Participants: 20680United Food & Commercial Workers Intl Union - Industry Pension FundJohn Deere Pension Plan for Salaried Employees, Total assets ($B): 7.960744597 · Participants: 16346John Deere Pension Plan for Salaried EmployeesAbbott Laboratories Annuity Retirement Plan, Total assets ($B): 7.819798504 · Participants: 17382Abbott Laboratories Annuity Retirement Plan
Local Union No. 9 I.B.E.W. and Outside Contractors Pension Fund vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants
Compare Local Union No. 9 I.B.E.W. and Outside Contractors Pension Fund side-by-side with 3 peers →

Local Union No. 9 I.B.E.W. and Outside Contractors Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Illinois, the nearest Defined Benefit (Pension) by assets is Kaiser Permanente Physicians and Employees Retirement Plan in CA ($376M); by covered participants it is Ppl Retirement Plan in PA (1,118 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($376M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,118 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. 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).
Which Defined Benefit (Pension) plans cover a similar participant headcount 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 covered participants is Ppl Retirement Plan in PA (1,118 participants, $1.6B 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 516077720.

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.