Other · DOL Form 5500 · 2024
Joint Board of Trustees of IBEW Local 575 Pension Fund Retirement Plan
Data updated 2026-07-24
- $112M
- Total assets
- 718
- Participants
- 91st
- Percentile by assets
- $156,672
- Avg per participant
Official DOL plan name: IBEW Local 575 Pension Fund · Sponsored by Joint Board of Trustees of IBEW Local 575 Pension Fund · West Virginia · Construction
$112M in assets, 718 participants
Joint Board of Trustees of IBEW Local 575 Pension Fund's IBEW Local 575 Pension Fund reported $112M in total assets and 718 participants in its 2024 DOL Form 5500 filing, ranking in the 91st 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.
- 91st percentile by assets (of 116,472 plans)
Where IBEW Local 575 Pension Fund sits by assets
IBEW Local 575 Pension Fund sits in the top 10% of all filed plans by assets, $112M for 718 participants (~$156,672/participant), up 17.5% in 2024.
- $112M
- total plan assets (2024 EOY)
- 718
- covered participants
- 91st
- percentile by assets (of 116,472 plans)
- $156,672
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- IBEW Local 575 Pension Fund end-of-year assets rose from $96M in the plan year 2023 filing to $112M in the plan year 2024 filing.
- IBEW Local 575 Pension Fund reported net income rose from $13M in the plan year 2023 filing to $15M in the plan year 2024 filing.
- IBEW Local 575 Pension Fund reported participants rose from 654 in the plan year 2023 filing to 718 in the plan year 2024 filing.
IBEW Local 575 Pension Fund vs the 2024 asset distribution
By assets, IBEW Local 575 Pension Fund outranks 91% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.1x the national average plan size of $100M (730 average participants).
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $96M |
|---|---|
| Net Assets (End of Year) | $110M |
| Net Income | $15M |
| Employer EIN | 621059603 |
| Plan Effective Date | 1979-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Joint Board of Trustees of IBEW Local 575 Pension Fund)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 535 | $83M |
| 2023 | 1 | 654 | $96M |
| 2024 | 1 | 718 | $112M |
Nearby Other Plans in West Virginia
Peer Other plans, same state, same plan type, ranked by total assets.
IBEW Local 575 Pension Fund vs. nearby Other plans in West Virginia, assets vs. participants
- West Virginia University Health System 403(b) Retirement Savings Plan $1.8B · 30,364
- Maryland Electrical Industry Severance & Annuity Fund $329M · 2,686
- West Virginia University Medical Corporation 403(b) Plan $328M · 1,947
- Vandalia Health System 403(b) Plan $230M · N/A
- Local Union 317 Electrical Pension Plan $179M · 763
Similar-Sized Other Plans Nationally
Other plans in other states closest to IBEW Local 575 Pension Fund by total assets, not by location.
- Des Moines University Defined Contribution 403(b) Plan (IA) $112M · 335
- The Queen's Health Systems Retirement Plus Plan (HI) $113M · 541
- Johns Hopkins Home Care Group 403(b) Plan (MD) $112M · 1,394
- Centre College Retirement Plan (KY) $112M · 517
Frequently Asked Questions
How did IBEW Local 575 Pension Fund assets move in 2024? ▼
How have Joint Board of Trustees of IBEW Local 575 Pension Fund plan assets changed over time? ▼
Where does IBEW Local 575 Pension Fund rank by assets among Form 5500 filers? ▼
Which Other plans are similar in size to IBEW Local 575 Pension Fund? ▼
Next read for IBEW Local 575 Pension Fund
Scale reading
Ways to act on IBEW Local 575 Pension Fund's numbers.
- By total assets, IBEW Local 575 Pension Fund ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Other plans in West Virginia. Compare plans
- Joint Board of Trustees of IBEW Local 575 Pension Fund's sponsor-wide assets have grown 36.0% since 2022 across 3 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 2024.
Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 621059603.
Read our methodology - how this data is sourced, computed, and verified.