Defined Benefit (Pension) · DOL Form 5500 · 2023

I.B.E.W. Local 540 Pension Fund Pension Plan

Data updated 2026-08-25

$126M
Total assets Near avg plan size
540
Participants Below avg headcount
93rd
Percentile by assets National rank
$233,602
Avg per participant Above avg balance/head
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Official DOL plan name: I.B.E.W. Local 540 Pension Fund · Sponsored by I.B.E.W. Local 540 Pension Fund · Ohio · Construction

$126M in assets, 540 participants

I.B.E.W. Local 540 Pension Fund's I.B.E.W. Local 540 Pension Fund reported $126M in total assets and 540 participants in its 2023 DOL Form 5500 filing, ranking in the 93rd 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.

  • #8,230 in Construction (9,030 peers)

Where I.B.E.W. Local 540 Pension Fund sits by assets

I.B.E.W. Local 540 Pension Fund sits in the top 10% of all filed plans by assets, $126M for 540 participants (~$233,602/participant), up 14.0% in 2023.

#8,230
in Construction (9,030 peers)
+14.0%
assets growth YoY
1.3×
vs typical plan assets (national mean)

I.B.E.W. Local 540 Pension Fund's outsized position by total assets

I.B.E.W. Local 540 Pension Fund vs every filed plan by assets

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

$126,145,071 Top 7% higher than 93% 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 540 Pension Fund 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 540 Pension Fund sits mid-pack in the medium band (540 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • I.B.E.W. Local 540 Pension Fund reported net income rose from $1M in the plan year 2022 filing to $15M in the plan year 2023 filing.
  • I.B.E.W. Local 540 Pension Fund end-of-year assets rose from $111M in the plan year 2022 filing to $126M in the plan year 2023 filing.
  • I.B.E.W. Local 540 Pension Fund reported participants rose from 520 in the plan year 2022 filing to 540 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 346701444 · I.B.E.W. Local 540 Pension Fund PY 2023 · Defined Benefit (Pension)

I.B.E.W. Local 540 Pension Fund · $126M · 540 · 93rd

  • EIN $126M
  • EIN 540
  • EIN 93rd
  • EIN Defined Benefit (Pension)
  • EIN near Imerys USA, Inc. Retirement Growth Account Plan
  • EIN ind #8230

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 Ohio →

I.B.E.W. Local 540 Pension Fund in the asset neighbourhood

Oapi Retirement Plan$126MCentral California IBEW-NECA Pension Trust FundCentral California IBEW-NECA…$126MImerys USA, Inc. Retirement Growth Account PlanImerys USA, Inc. Retirement …$126MI.B.E.W. Local 540 Pension FundI.B.E.W. Local 540 Pension F…$126MEmployers and Laborers Locals 100 & 397 Pension FundEmployers and Laborers Local…$126M
End-of-year total assets ($M) among I.B.E.W. Local 540 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)$111M
Net Assets (End of Year)$126M
Net Income$15M
Employer EIN346701444
Plan Effective Date1972-06-07
Filing StatusFILING RECEIVED

Sponsor Plan History (I.B.E.W. Local 540 Pension Fund)

Sponsor-wide plan assets over time

All I.B.E.W. Local 540 Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$126M 13.98898988696974% vs 2022
2023 filing year
$105M$110M$115M$120M$125M$130M 20222023 $111M $126M ▲ +14.0%
Year Plans Participants Total Assets
2022 1 520 $111M
2023 1 540 $126M

Nearby Defined Benefit (Pension) Plans in Ohio

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

I.B.E.W. Local 540 Pension Fund vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 -202468 Total assets ($B) Participants I.B.E.W. Local 540 Pension Fund, Total assets ($B): 0.126145071 · Participants: 540I.B.E.W. Local 540 Pension FundFirstenergy Corp. Master Pension Plan, Total assets ($B): 7.144086795 · Participants: 12304Firstenergy Corp. Master Pension PlanNationwide Retirement Plan, Total assets ($B): 5.281060445 · Participants: 22311Nationwide Retirement PlanAmerican Electric Power System Retirement Plan, Total assets ($B): 4.475896468 · Participants: 15595American Electric Power System Retirement PlanParker Defined Benefit Plan, Total assets ($B): 3.656915014 · Participants: 191Parker Defined Benefit PlanOhio Operating Engineers Pension Plan, Total assets ($B): 3.592540979 · Participants: 10029Ohio Operating Engineers Pension Plan
I.B.E.W. Local 540 Pension Fund vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants
Compare I.B.E.W. Local 540 Pension Fund side-by-side with 3 peers →

I.B.E.W. Local 540 Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Ohio, the nearest Defined Benefit (Pension) by assets is Imerys USA, Inc. Retirement Growth Account Plan in GA ($126M); by covered participants it is American Income Life Insurance Company Collective Bargaining Agreement Employees Pension Plan in TX (538 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($126M here).

Similar participant headcount

Nearest other-state filings by covered participants (540 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 I.B.E.W. Local 540 Pension Fund assets move in 2023? ▼
I.B.E.W. Local 540 Pension Fund grew at a solid clip - up 14.0% during 2023, from $111M to $126M. Reported net income was $15M.
How have I.B.E.W. Local 540 Pension Fund plan assets changed over time? ▼
Across 2 plan years on file (2022-2023), I.B.E.W. Local 540 Pension Fund's sponsor-wide assets grew 14.0%, from $111M to $126M.
Where does I.B.E.W. Local 540 Pension Fund rank by assets among Form 5500 filers? ▼
I.B.E.W. Local 540 Pension Fund ranks in the 93rd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to I.B.E.W. Local 540 Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Imerys USA, Inc. Retirement Growth Account Plan in GA ($126M, 250 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to I.B.E.W. Local 540 Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is American Income Life Insurance Company Collective Bargaining Agreement Employees Pension Plan in TX (538 participants, $43M 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 346701444.

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.