Defined Benefit (Pension) · DOL Form 5500 · 2024

IBEW Local No. 60 Pension Plan Trust Fund Pension Plan

Data updated 2026-08-25

$97M
Total assets Below avg plan size
1,916
Participants Near avg headcount
90th
Percentile by assets National rank
$50,651
Avg per participant Low balance/head
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Official DOL plan name: IBEW Local No. 60 Pension · Sponsored by IBEW Local No. 60 Pension Plan Trust Fund · New Mexico · Construction

$97M in assets, 1,916 participants

IBEW Local No. 60 Pension Plan Trust Fund's IBEW Local No. 60 Pension reported $97M in total assets and 1,916 participants in its 2024 DOL Form 5500 filing, ranking in the 90th 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.

  • #8,016 in Construction (9,039 peers)

Coverage in New Mexico

IBEW Local No. 60 Pension covers 1,916 participants in New Mexico, 5.3x the typical New Mexico plan (state average ~365 per filing). Assets: $97M.

#8,016
in Construction (9,039 peers)
+15.9%
assets growth YoY
1.0×
vs typical plan assets (national mean)

IBEW Local No. 60 Pension's outsized position by total assets

IBEW Local No. 60 Pension vs every filed plan by assets

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

$97,047,606 Top 10% higher than 90% 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 No. 60 Pension'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. IBEW Local No. 60 Pension lands in the large band (1,916 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • IBEW Local No. 60 Pension reported participants rose from 1,491 in the plan year 2023 filing to 1,916 in the plan year 2024 filing.
  • IBEW Local No. 60 Pension end-of-year assets rose from $84M in the plan year 2023 filing to $97M in the plan year 2024 filing.
  • IBEW Local No. 60 Pension reported net income rose from $12M in the plan year 2023 filing to $13M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 741870479 · IBEW Local No. 60 Pension Plan Trust Fund PY 2024 · Defined Benefit (Pension)

IBEW Local No. 60 Pension · $97M · 1,916 · 90th

  • ASSETS $97M
  • PCT 1,916
  • EIN 90th
  • RANK Defined Benefit (Pension)
  • PHOTO near Pension Plan for Employees of Shintech Incorporated and Certain Affiliates
  • IND ind #8016

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 Mexico →

IBEW Local No. 60 Pension in the asset neighbourhood

Teamsters Union Local 293 Pension PlanTeamsters Union Local 293 Pe…$97MIron Workers Local #397 Pension FundIron Workers Local #397 Pens…$97MIBEW Local No. 60 Pension$97MPension Plan for Employees of Shintech Incorporated and Certain AffiliatesPension Plan for Employees o…$97MMeijer Hourly Pension Plan$97M
End-of-year total assets ($M) among IBEW Local No. 60 Pension and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

New Mexico filing particulars

Total Assets (Beginning of Year)$84M
Net Assets (End of Year)$97M
Net Income$13M
Employer EIN741870479
Plan Effective Date1976-04-29
Filing StatusFILING RECEIVED

Sponsor Plan History (IBEW Local No. 60 Pension Plan Trust Fund)

Sponsor-wide plan assets over time

All IBEW Local No. 60 Pension Plan Trust Fund plans reported in each filing year

Latest sponsor-wide plan assets
$97M 34.39972486222754% vs 2022
2024 filing year
$60M$70M$80M$90M$100M 202220232024 $72.2M $97.1M ▲ +34.4%
Year Plans Participants Total Assets
2022 1 1,670 $72M
2023 1 1,491 $84M
2024 1 1,916 $97M

Nearby Defined Benefit (Pension) Plans in New Mexico

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

IBEW Local No. 60 Pension vs. nearby Defined Benefit (Pension) plans in New Mexico, assets vs. participants Scatter plot of 6 data points. -100001000200030004000 -202468 Total assets ($B) Participants IBEW Local No. 60 Pension, Total assets ($B): 0.097047606 · Participants: 1916IBEW Local No. 60 PensionNtess Retirement Income Plan, Total assets ($B): 6.200747527 · Participants: 3323Ntess Retirement Income PlanTriad Defined Benefit Pension Plan, Total assets ($B): 5.593878518 · Participants: 2018Triad Defined Benefit Pension PlanPnm Resources Inc. Employees' Retirement Plan, Total assets ($B): 0.379799404 · Participants: 133Pnm Resources Inc. Employees' Retirement PlanPresbyterian Healthcare Services Employees' Pension Plan II, Total assets ($B): 0.260707301 · Participants: 713Presbyterian Healthcare Services Employees' Pension Plan IIWaste Isolation Pilot Plant Pension Plan, Total assets ($B): 0.233059118 · Participants: 1041Waste Isolation Pilot Plant Pension Plan
IBEW Local No. 60 Pension vs. nearby Defined Benefit (Pension) plans in New Mexico, assets vs. participants
Compare IBEW Local No. 60 Pension side-by-side with 3 peers →

IBEW Local No. 60 Pension's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New Mexico, the nearest Defined Benefit (Pension) by assets is Pension Plan for Employees of Shintech Incorporated and Certain Affiliates in TX ($97M); by covered participants it is Discovery Energy Pension Plan in WI (1,916 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,916 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 No. 60 Pension assets move in 2024? ▼
IBEW Local No. 60 Pension grew sharply - up 15.9% during 2024, from $84M to $97M. Reported net income was $13M.
How have IBEW Local No. 60 Pension Plan Trust Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), IBEW Local No. 60 Pension Plan Trust Fund's sponsor-wide assets grew 34.4%, from $72M to $97M.
Where does IBEW Local No. 60 Pension rank by assets among Form 5500 filers? ▼
IBEW Local No. 60 Pension ranks in the 90th 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 Defined Benefit (Pension) plans are similar in size to IBEW Local No. 60 Pension? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Pension Plan for Employees of Shintech Incorporated and Certain Affiliates in TX ($97M, 373 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to IBEW Local No. 60 Pension? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Discovery Energy Pension Plan in WI (1,916 participants, $12M 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 741870479.

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.