Other · DOL Form 5500 · 2024

Joint Board of Trustees of IBEW Local 575 Pension Fund Retirement Plan

Data updated 2026-08-25

$112M
Total assets Near avg plan size
718
Participants Below avg headcount
91st
Percentile by assets National rank
$156,672
Avg per participant Above avg balance/head
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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.

  • #8,110 in Construction (9,039 peers)

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.

#8,110
in Construction (9,039 peers)
+17.5%
assets growth YoY
1.1×
vs typical plan assets (national mean)

IBEW Local 575 Pension Fund's outsized position by total assets

IBEW Local 575 Pension Fund vs every filed plan by assets

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

$112,490,221 Top 9% higher than 91% 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 575 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 575 Pension Fund sits mid-pack in the medium band (718 participants).

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.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 621059603 · Joint Board of Trustees of IBEW Local 575 Pension Fund PY 2024 · Other

IBEW Local 575 Pension Fund · $112M · 718 · 91st

  • PCT $112M
  • PCT 718
  • PCT 91st
  • PCT Other
  • PCT near Des Moines University Defined Contribution 403(b) Plan
  • PCT ind #8110

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 575 Pension Fund in the asset neighbourhood

The Queen's Health Systems Retirement Plus PlanThe Queen's Health Systems R…$113MIBEW Local 575 Pension Fund$112MDes Moines University Defined Contribution 403(b) PlanDes Moines University Define…$112MJohns Hopkins Home Care Group 403(b) PlanJohns Hopkins Home Care Grou…$112MCentre College Retirement PlanCentre College Retirement Pl…$112M
End-of-year total assets ($M) among IBEW Local 575 Pension Fund and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$96M
Net Assets (End of Year)$110M
Net Income$15M
Employer EIN621059603
Plan Effective Date1979-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Joint Board of Trustees of IBEW Local 575 Pension Fund)

Sponsor-wide plan assets over time

All Joint Board of Trustees of IBEW Local 575 Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$112M 35.957805326016% vs 2022
2024 filing year
$70M$80M$90M$100M$110M$120M 202220232024 $82.7M $112M ▲ +36.0%
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 Scatter plot of 6 data points. -10000010000200003000040000 00.511.52 Total assets ($B) Participants IBEW Local 575 Pension Fund, Total assets ($B): 0.112490221 · Participants: 718IBEW Local 575 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 575 Pension Fund vs. nearby Other plans in West Virginia, assets vs. participants
Compare IBEW Local 575 Pension Fund side-by-side with 3 peers →

IBEW Local 575 Pension Fund's out-of-state Other peers by assets and headcount

Outside West Virginia, the nearest Other by assets is Des Moines University Defined Contribution 403(b) Plan in IA ($112M); by covered participants it is Mary Rutan Health Association of Logan County Tax Deferred Annuity Plan in OH (718 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($112M here).

Similar participant headcount

Nearest other-state filings by covered participants (718 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 575 Pension Fund assets move in 2024? ▼
IBEW Local 575 Pension Fund grew sharply - up 17.5% during 2024, from $96M to $112M. Reported net income was $15M.
How have Joint Board of Trustees of IBEW Local 575 Pension Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Joint Board of Trustees of IBEW Local 575 Pension Fund's sponsor-wide assets grew 36.0%, from $83M to $112M.
Where does IBEW Local 575 Pension Fund rank by assets among Form 5500 filers? ▼
IBEW Local 575 Pension Fund ranks in the 91st percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which Other plans are similar in size to IBEW Local 575 Pension Fund? ▼
Among Other plans in other states, the closest by assets is Des Moines University Defined Contribution 403(b) Plan in IA ($112M, 335 participants).
Which Other plans cover a similar participant headcount to IBEW Local 575 Pension Fund? ▼
Among Other plans in other states, the closest by covered participants is Mary Rutan Health Association of Logan County Tax Deferred Annuity Plan in OH (718 participants, $38M 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 621059603.

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.