Defined Benefit (Pension) · DOL Form 5500 · 2024
Board of Trustees,IBEW Local Union No 5 & Western PA Chapter NECA Pension Plan
Data updated 2026-08-25
- $823M
- Total assets Above avg plan size
- 2,603
- Participants Above avg headcount
- 98th
- Percentile by assets National rank
- $316,336
- Avg per participant High balance/head
Official DOL plan name: Western PA Electrical Employees Pension Trust Fund · Sponsored by Board of Trustees,IBEW Local Union No 5 & Western PA Chapter NECA · Pennsylvania · Construction
$823M in assets, 2,603 participants
Board of Trustees,IBEW Local Union No 5 & Western PA Chapter NECA's Western PA Electrical Employees Pension Trust Fund reported $823M in total assets and 2,603 participants in its 2024 DOL Form 5500 filing, ranking in the 98th 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.
- #8,878 in Construction (9,039 peers)
Coverage in Pennsylvania
Western PA Electrical Employees Pension Trust Fund covers 2,603 participants in Pennsylvania, 3.2x the typical Pennsylvania plan (state average ~822 per filing). Assets: $823M.
- #8,878
- in Construction (9,039 peers)
- +12.0%
- assets growth YoY
- 8.3×
- vs typical plan assets (national mean)
Western PA Electrical Employees Pension Trust Fund's outsized position by total assets
Western PA Electrical Employees Pension Trust Fund vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$823,422,026 Top 2% higher than 98% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Western PA Electrical Employees Pension Trust Fund's large-plan peer group by participant headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Western PA Electrical Employees Pension Trust Fund lands in the large band (2,603 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Western PA Electrical Employees Pension Trust Fund end-of-year assets rose from $735M in the plan year 2023 filing to $823M in the plan year 2024 filing.
- Western PA Electrical Employees Pension Trust Fund reported net income rose from $83M in the plan year 2023 filing to $88M in the plan year 2024 filing.
Published 5500 schedule card
Filing strip 256032108 · Board of Trustees,IBEW Local Union No 5 & Western PA Chapter NECA PY 2024 · Defined Benefit (Pension)
Western PA Electrical Employees Pension Trust Fund · $823M · 2,603 · 98th
- 5500 $823M
- 5500 2,603
- 5500 98th
- 5500 Defined Benefit (Pension)
- 5500 near Cedars-Sinai Defined Benefit Retirement Plan
- 5500 ind #8878
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 Pennsylvania →
Western PA Electrical Employees Pension Trust Fund in the asset neighbourhood
Pennsylvania filing particulars
| Total Assets (Beginning of Year) | $735M |
|---|---|
| Net Assets (End of Year) | $823M |
| Net Income | $88M |
| Employer EIN | 256032108 |
| Plan Effective Date | 1949-02-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees,IBEW Local Union No 5 & Western PA Chapter NECA)
Sponsor-wide plan assets over time
All Board of Trustees,IBEW Local Union No 5 & Western PA Chapter NECA plans reported in each filing year
- Latest sponsor-wide plan assets
- $823M 26.359745959191244% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 2,579 | $652M |
| 2023 | 1 | 2,603 | $735M |
| 2024 | 1 | 2,603 | $823M |
Nearby Defined Benefit (Pension) Plans in Pennsylvania
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- National Elevator Industry Pension Plan $12.2B · 28,308
- Steelworkers Pension Trust $7.2B · 46,110
- The PNC Financial Services Group, Inc. Pension Plan $5.5B · 58,779
- The Bank of New York Mellon Corporation Pension Plan $5.2B · 6,387
- Constellation Retirement Program $5.0B · 4,809
Western PA Electrical Employees Pension Trust Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Pennsylvania, the nearest Defined Benefit (Pension) by assets is Cedars-Sinai Defined Benefit Retirement Plan in CA ($824M); by covered participants it is Minor League Players Pension Plan in NY (2,602 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($823M here).
- Cedars-Sinai Defined Benefit Retirement Plan (CA) $824M · 2,410
- Division 1181 Atu - Ny Employees Pension Fund and Plan (NY) $825M · 6,025
- Csaa Insurance Group Cash Balance Retirement Plan (CA) $822M · 1,984
- The Employee Retirement Plan of Group Health Plan, (MN) $819M · 1,656
Similar participant headcount
Nearest other-state filings by covered participants (2,603 participants); asset peers above are excluded.
- Minor League Players Pension Plan (NY) 2,602 · 1 off
- Danaher Corporation & Subsidiaries Pension Plan (DC) 2,599 · 4 off
- Lamb Weston, Inc. Pension Plan for Plant Hourly Employees (ID) 2,613 · 10 off
- Discover Financial Services Pension Plan (IL) 2,591 · 12 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.