Defined Benefit (Pension) · DOL Form 5500 · 2024

Trustees of IBEW Local No 607 Pension Fund Pension Plan

Data updated 2026-08-25

$23M
Total assets Small plan by assets
153
Participants Small participant base
73rd
Percentile by assets National rank
$148,498
Avg per participant Above avg balance/head
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Official DOL plan name: IBEW Local Union No 607 Pension · Sponsored by Trustees of IBEW Local No 607 Pension Fund · New Jersey · Construction

$23M in assets, 153 participants

Trustees of IBEW Local No 607 Pension Fund's IBEW Local Union No 607 Pension reported $23M in total assets and 153 participants in its 2024 DOL Form 5500 filing, ranking in the 73rd 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.

  • #6,463 in Construction (9,039 peers)

Coverage in New Jersey

IBEW Local Union No 607 Pension covers 153 participants in New Jersey, about 18% of the average New Jersey filer (state average ~844 per filing). Assets: $23M.

#6,463
in Construction (9,039 peers)
+12.6%
assets growth YoY

IBEW Local Union No 607 Pension's outsized position by total assets

IBEW Local Union No 607 Pension vs every filed plan by assets

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

$22,720,203 Top 27% higher than 73% 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 Union No 607 Pension 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 Union No 607 Pension sits mid-pack in the medium band (153 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • IBEW Local Union No 607 Pension end-of-year assets rose from $20M in the plan year 2023 filing to $23M in the plan year 2024 filing.
  • IBEW Local Union No 607 Pension reported net income fell from $3M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • IBEW Local Union No 607 Pension reported participants fell from 161 in the plan year 2023 filing to 153 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 236423158 · Trustees of IBEW Local No 607 Pension Fund PY 2024 · Defined Benefit (Pension)

IBEW Local Union No 607 Pension · $23M · 153 · 73rd

  • SCH $23M
  • SCH 153
  • SCH 73rd
  • SCH Defined Benefit (Pension)
  • SCH near Harrisonville Telephone Company Retirement Plan for Management Employees
  • SCH ind #6463

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 Jersey →

IBEW Local Union No 607 Pension in the asset neighbourhood

Humboldt Park Health Retirement PlanHumboldt Park Health Retirem…$23MContract Cleaners Service Employees' Pension PlanContract Cleaners Service Em…$23MElliott Company Hourly Employees' Pension PlanElliott Company Hourly Emplo…$23MHarrisonville Telephone Company Retirement Plan for Management EmployeesHarrisonville Telephone Comp…$23MIBEW Local Union No 607 PensionIBEW Local Union No 607 Pens…$23M
End-of-year total assets ($M) among IBEW Local Union No 607 Pension and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

New Jersey filing particulars

Total Assets (Beginning of Year)$20M
Net Assets (End of Year)$23M
Net Income$3M
Employer EIN236423158
Plan Effective Date1963-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Trustees of IBEW Local No 607 Pension Fund)

Sponsor-wide plan assets over time

All Trustees of IBEW Local No 607 Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$23M 30.581455288579278% vs 2022
2024 filing year
$16M$18M$20M$22M$24M 202220232024 $17.4M $22.7M ▲ +30.6%
Year Plans Participants Total Assets
2022 1 152 $17M
2023 1 161 $20M
2024 1 153 $23M

Nearby Defined Benefit (Pension) Plans in New Jersey

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

IBEW Local Union No 607 Pension vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -50510152025 Total assets ($B) Participants IBEW Local Union No 607 Pension, Total assets ($B): 0.022720203 · Participants: 153IBEW Local Union No 607 PensionRetirement Plan of Johnson and Johnson, Total assets ($B): 21.095569114 · Participants: 37882Retirement Plan of Johnson and JohnsonJPMorgan Chase Retirement Plan, Total assets ($B): 16.066557714 · Participants: 83812JPMorgan Chase Retirement PlanNokia Retirement Income Plan, Total assets ($B): 12.855309 · Participants: 7280Nokia Retirement Income PlanThe Prudential Merged Retirement Plan, Total assets ($B): 12.025028912 · Participants: 16233The Prudential Merged Retirement PlanMerck US Pension Plan, Total assets ($B): 10.090083286 · Participants: 26843Merck US Pension Plan
IBEW Local Union No 607 Pension vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants
Compare IBEW Local Union No 607 Pension side-by-side with 3 peers →

IBEW Local Union No 607 Pension's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New Jersey, the nearest Defined Benefit (Pension) by assets is Harrisonville Telephone Company Retirement Plan for Management Employees in IL ($23M); by covered participants it is Natixis US Cib Defined Benefit Pension Plan in NY (153 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (153 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 Union No 607 Pension assets move in 2024? ▼
IBEW Local Union No 607 Pension grew at a solid clip - up 12.6% during 2024, from $20M to $23M. Reported net income was $3M.
How have Trustees of IBEW Local No 607 Pension Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Trustees of IBEW Local No 607 Pension Fund's sponsor-wide assets grew 30.6%, from $17M to $23M.
Which Defined Benefit (Pension) plans are similar in size to IBEW Local Union No 607 Pension? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Harrisonville Telephone Company Retirement Plan for Management Employees in IL ($23M, 39 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to IBEW Local Union No 607 Pension? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Natixis US Cib Defined Benefit Pension Plan in NY (153 participants, $99M 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 236423158.

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.