Other · DOL Form 5500 · 2024

Joint Board of Trustees of IBEW Local 596 Pension Fund Retirement Plan

Data updated 2026-08-25

$86M
Total assets Below avg plan size
515
Participants Below avg headcount
89th
Percentile by assets National rank
$167,202
Avg per participant Above avg balance/head
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Official DOL plan name: IBEW Local 596 Pension Fund · Sponsored by Joint Board of Trustees of IBEW Local 596 Pension Fund · West Virginia · Construction

$86M in assets, 515 participants

Joint Board of Trustees of IBEW Local 596 Pension Fund's IBEW Local 596 Pension Fund reported $86M in total assets and 515 participants in its 2024 DOL Form 5500 filing, ranking in the 89th 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.

  • #7,924 in Construction (9,039 peers)

Where IBEW Local 596 Pension Fund sits by assets

IBEW Local 596 Pension Fund sits in the top quartile of all filed plans by assets, $86M for 515 participants (~$167,202/participant), up 10.6% in 2024.

#7,924
in Construction (9,039 peers)
+10.6%
assets growth YoY
0.9×
vs typical plan assets (national mean)

IBEW Local 596 Pension Fund's outsized position by total assets

IBEW Local 596 Pension Fund vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$86,109,165 Top 11% higher than 89% of 123,620 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 2024

IBEW Local 596 Pension Fund among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. IBEW Local 596 Pension Fund sits mid-pack in the medium band (515 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • IBEW Local 596 Pension Fund reported net income fell from $10M in the plan year 2023 filing to $8M in the plan year 2024 filing.
  • IBEW Local 596 Pension Fund end-of-year assets rose from $78M in the plan year 2023 filing to $86M in the plan year 2024 filing.
  • IBEW Local 596 Pension Fund reported participants rose from 506 in the plan year 2023 filing to 515 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 550675342 · Joint Board of Trustees of IBEW Local 596 Pension Fund PY 2024 · Other

IBEW Local 596 Pension Fund · $86M · 515 · 89th

  • BOOK $86M
  • BOOK 515
  • BOOK 89th
  • BOOK Other
  • BOOK near Hawaii Pacific University 403(b) Retirement Plan
  • BOOK ind #7924

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 West Virginia →

IBEW Local 596 Pension Fund in the asset neighbourhood

Drake University Voluntary Tax-Deferred Annuity Retirement PlanDrake University Voluntary T…$86MHawaii Pacific University 403(b) Retirement PlanHawaii Pacific University 40…$86MIBEW Local 596 Pension Fund$86MFrancis W. Parker School Defined Contribution Retirement PlanFrancis W. Parker School Def…$86MClinica Sierra Vista Retirement PlanClinica Sierra Vista Retirem…$86M
End-of-year total assets ($M) among IBEW Local 596 Pension Fund and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$78M
Net Assets (End of Year)$86M
Net Income$8M
Employer EIN550675342
Plan Effective Date1979-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Joint Board of Trustees of IBEW Local 596 Pension Fund)

Sponsor-wide plan assets over time

All Joint Board of Trustees of IBEW Local 596 Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$86M 26.878244637566667% vs 2022
2024 filing year
$60M$70M$80M$90M 202220232024 $67.9M $86.1M ▲ +26.9%
Year Plans Participants Total Assets
2022 1 518 $68M
2023 1 506 $78M
2024 1 515 $86M

Nearby Other Plans in West Virginia

Peer Other plans, same state, same plan type, ranked by total assets.

IBEW Local 596 Pension Fund vs. nearby Other plans in West Virginia, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 00.511.52 Total assets ($B) Participants IBEW Local 596 Pension Fund, Total assets ($B): 0.086109165 · Participants: 515IBEW Local 596 Pension FundWest Virginia University Health System 403(b) Retirement Savings Plan, Total assets ($B): 1.752828927 · Participants: 30364West Virginia University Health System 403(b) Retirement Savings PlanMaryland Electrical Industry Severance & Annuity Fund, Total assets ($B): 0.329449039 · Participants: 2686Maryland Electrical Industry Severance & Annuity FundWest Virginia University Medical Corporation 403(b) Plan, Total assets ($B): 0.327707146 · Participants: 1947West Virginia University Medical Corporation 403(b) PlanVandalia Health System 403(b) Plan, Total assets ($B): 0.230408516 · Participants: 0Vandalia Health System 403(b) PlanLocal Union 317 Electrical Pension Plan, Total assets ($B): 0.178946976 · Participants: 763Local Union 317 Electrical Pension Plan
IBEW Local 596 Pension Fund vs. nearby Other plans in West Virginia, assets vs. participants
Compare IBEW Local 596 Pension Fund side-by-side with 3 peers →

IBEW Local 596 Pension Fund's out-of-state Other peers by assets and headcount

Outside West Virginia, the nearest Other by assets is Hawaii Pacific University 403(b) Retirement Plan in HI ($86M); by covered participants it is Hartwick College 403(b) Retirement Plan in NY (514 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (515 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did IBEW Local 596 Pension Fund assets move in 2024? ▼
IBEW Local 596 Pension Fund grew at a solid clip - up 10.6% during 2024, from $78M to $86M. Reported net income was $8M.
How have Joint Board of Trustees of IBEW Local 596 Pension Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Joint Board of Trustees of IBEW Local 596 Pension Fund's sponsor-wide assets grew 26.9%, from $68M to $86M.
Where does IBEW Local 596 Pension Fund rank by assets among Form 5500 filers? ▼
IBEW Local 596 Pension Fund ranks in the 89th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which Other plans are similar in size to IBEW Local 596 Pension Fund? ▼
Among Other plans in other states, the closest by assets is Hawaii Pacific University 403(b) Retirement Plan in HI ($86M, 486 participants).
Which Other plans cover a similar participant headcount to IBEW Local 596 Pension Fund? ▼
Among Other plans in other states, the closest by covered participants is Hartwick College 403(b) Retirement Plan in NY (514 participants, $105M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 550675342.

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.