Defined Benefit (Pension) · DOL Form 5500 · 2024

IBEW Local 840 Pension Fund Board of Trustees Pension Plan

Data updated 2026-08-25

$32M
Total assets Below avg plan size
142
Participants Small participant base
78th
Percentile by assets National rank
$225,090
Avg per participant Above avg balance/head
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Official DOL plan name: IBEW Local 840 Pension Fund · Sponsored by IBEW Local 840 Pension Fund Board of Trustees · New York · Construction

$32M in assets, 142 participants

IBEW Local 840 Pension Fund Board of Trustees's IBEW Local 840 Pension Fund reported $32M in total assets and 142 participants in its 2024 DOL Form 5500 filing, ranking in the 78th 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.

  • #6,945 in Construction (9,039 peers)

Coverage in New York

IBEW Local 840 Pension Fund covers 142 participants in New York, about 18% of the average New York filer (state average ~798 per filing). Assets: $32M.

#6,945
in Construction (9,039 peers)
+10.6%
assets growth YoY
0.3×
vs typical plan assets (national mean)

IBEW Local 840 Pension Fund's outsized position by total assets

IBEW Local 840 Pension Fund vs every filed plan by assets

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

$31,962,722 Top 22% higher than 78% 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 840 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 840 Pension Fund sits mid-pack in the medium band (142 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • IBEW Local 840 Pension Fund reported net income rose from $2M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • IBEW Local 840 Pension Fund end-of-year assets rose from $29M in the plan year 2023 filing to $32M in the plan year 2024 filing.
  • IBEW Local 840 Pension Fund reported participants rose from 130 in the plan year 2023 filing to 142 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 166075984 · IBEW Local 840 Pension Fund Board of Trustees PY 2024 · Defined Benefit (Pension)

IBEW Local 840 Pension Fund · $32M · 142 · 78th

  • EBSA $32M
  • EBSA 142
  • EBSA 78th
  • EBSA Defined Benefit (Pension)
  • EBSA near Sbera Pension Plan as Adopted by Martha's Vineyard Bank
  • EBSA ind #6945

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 New York →

IBEW Local 840 Pension Fund in the asset neighbourhood

Knauf Retirement Plan for Union EmployeesKnauf Retirement Plan for Un…$32MIBEW Local 840 Pension Fund$32MSbera Pension Plan as Adopted by Martha's Vineyard BankSbera Pension Plan as Adopte…$32MCorbin Russwin, Inc. Pension Plan for Hourly EmployeesCorbin Russwin, Inc. Pension…$32MNidec Retirement Plan$32M
End-of-year total assets ($M) among IBEW Local 840 Pension Fund and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

New York filing particulars

Total Assets (Beginning of Year)$29M
Net Assets (End of Year)$31M
Net Income$3M
Employer EIN166075984
Plan Effective Date1965-05-26
Filing StatusFILING RECEIVED

Sponsor Plan History (IBEW Local 840 Pension Fund Board of Trustees)

Sponsor-wide plan assets over time

All IBEW Local 840 Pension Fund Board of Trustees plans reported in each filing year

Latest sponsor-wide plan assets
$32M 22.998868014213087% vs 2022
2024 filing year
$24M$26M$28M$30M$32M$34M 202220232024 $26M $32M ▲ +23.0%
Year Plans Participants Total Assets
2022 1 132 $26M
2023 1 130 $29M
2024 1 142 $32M

Nearby Defined Benefit (Pension) Plans in New York

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

IBEW Local 840 Pension Fund vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -505101520 Total assets ($B) Participants IBEW Local 840 Pension Fund, Total assets ($B): 0.031962722 · Participants: 142IBEW Local 840 Pension FundIBM Personal Pension Plan, Total assets ($B): 17.919858993 · Participants: 48014IBM Personal Pension Plan1199seiu Health Care Employees Pension Fund, Total assets ($B): 16.913316696 · Participants: 1118331199seiu Health Care Employees Pension FundConsolidated Edison Retirement Plan, Total assets ($B): 15.588456377 · Participants: 10608Consolidated Edison Retirement PlanPfizer Consolidated Pension Plan, Total assets ($B): 9.970337119 · Participants: 8876Pfizer Consolidated Pension PlanGE Energy Pension Plan, Total assets ($B): 8.92290143 · Participants: 5829GE Energy Pension Plan
IBEW Local 840 Pension Fund vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants
Compare IBEW Local 840 Pension Fund side-by-side with 3 peers →

IBEW Local 840 Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New York, the nearest Defined Benefit (Pension) by assets is Sbera Pension Plan as Adopted by Martha's Vineyard Bank in MA ($32M); by covered participants it is The Farmers Bank Defined Benefit Pension Plan in TN (142 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (142 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 840 Pension Fund assets move in 2024? ▼
IBEW Local 840 Pension Fund grew at a solid clip - up 10.6% during 2024, from $29M to $32M. Reported net income was $3M.
How have IBEW Local 840 Pension Fund Board of Trustees plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), IBEW Local 840 Pension Fund Board of Trustees's sponsor-wide assets grew 23.0%, from $26M to $32M.
Where does IBEW Local 840 Pension Fund rank by assets among Form 5500 filers? ▼
IBEW Local 840 Pension Fund ranks in the 78th 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 Defined Benefit (Pension) plans are similar in size to IBEW Local 840 Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Sbera Pension Plan as Adopted by Martha's Vineyard Bank in MA ($32M, 96 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to IBEW Local 840 Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is The Farmers Bank Defined Benefit Pension Plan in TN (142 participants, $15M 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 166075984.

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.