Defined Benefit (Pension) · DOL Form 5500 · 2024

Trustees of IBEW Local No. 573 Pension Plan Pension Plan

Data updated 2026-08-11

$61M
Total assets
267
Participants
86th
Percentile by assets
$229,350
Avg per participant
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Official DOL plan name: IBEW Local 573 Pension Plan · Sponsored by Trustees of IBEW Local No. 573 Pension Plan · Ohio · Construction

$61M in assets, 267 participants

Trustees of IBEW Local No. 573 Pension Plan's IBEW Local 573 Pension Plan reported $61M in total assets and 267 participants in its 2024 DOL Form 5500 filing, ranking in the 86th 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.

  • 86th percentile by assets (of 123,622 plans)
  • #7,630 in Construction (9,039 peers)

Coverage in Ohio

IBEW Local 573 Pension Plan covers 267 participants in Ohio, about 35% of the average Ohio filer (state average ~765 per filing). Assets: $61M.

$61M
total plan assets (2024 EOY)
267
covered participants
86th
percentile by assets (of 123,622 plans)
$229,350
avg assets per participant

Where IBEW Local 573 Pension Plan sits by total assets

IBEW Local 573 Pension Plan vs every filed plan by assets

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

$61,236,421 Top 14% higher than 86% of 123,620 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • IBEW Local 573 Pension Plan reported participants fell from 308 in the plan year 2023 filing to 267 in the plan year 2024 filing.
  • IBEW Local 573 Pension Plan end-of-year assets rose from $56M in the plan year 2023 filing to $61M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Ohio
Industry
Construction

Participants vs Ohio filers

In Ohio, the average filing covers about 765 participants across 5,089 plans. IBEW Local 573 Pension Plan reports 267 participants - about 35% of that state average ($61M EOY assets).

Ohio filing particulars

Total Assets (Beginning of Year)$56M
Net Assets (End of Year)$61M
Net Income$5M
Employer EIN346570323
Plan Effective Date1964-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Trustees of IBEW Local No. 573 Pension Plan)

$45M$50M$55M$60M$65M 202220232024 $50.9M $61.2M ▲ +20.3%
Total plan assets by year, all Trustees of IBEW Local No. 573 Pension Plan plans on file
Year Plans Participants Total Assets
2022 1 257 $51M
2023 1 308 $56M
2024 1 267 $61M

Nearby Defined Benefit (Pension) Plans in Ohio

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

IBEW Local 573 Pension Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -505101520 Total assets ($B) Participants IBEW Local 573 Pensi…, Total assets ($B): 0.061236421 · Participants: 267IBEW Local 573 Pensi…GE Aerospace Pension…, Total assets ($B): 19.026079363 · Participants: 9637GE Aerospace Pension…Firstenergy Corp. Ma…, Total assets ($B): 6.474467697 · Participants: 12187Firstenergy Corp. Ma…American Electric Po…, Total assets ($B): 4.085797504 · Participants: 16073American Electric Po…Ohio Operating Engin…, Total assets ($B): 3.912834719 · Participants: 10387Ohio Operating Engin…Parker Defined Benef…, Total assets ($B): 3.496388263 · Participants: 8120Parker Defined Benef…
IBEW Local 573 Pension Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants
Compare IBEW Local 573 Pension Plan side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to IBEW Local 573 Pension Plan by total assets, not by location.

Frequently Asked Questions

How did IBEW Local 573 Pension Plan assets move in 2024? ▼
IBEW Local 573 Pension Plan grew at a solid clip - up 9.5% during 2024, from $56M to $61M. Reported net income was $5M.
How have Trustees of IBEW Local No. 573 Pension Plan plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Trustees of IBEW Local No. 573 Pension Plan's sponsor-wide assets grew 20.3%, from $51M to $61M.
Where does IBEW Local 573 Pension Plan rank by assets among Form 5500 filers? ▼
IBEW Local 573 Pension Plan ranks in the 86th 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 573 Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Sheet Metal Workers Local 218(s) Pension Plan in KS ($61M, 130 participants).

Next read for IBEW Local 573 Pension Plan

Filing takeaways

Ways to act on IBEW Local 573 Pension Plan's numbers.

  • By total assets, IBEW Local 573 Pension Plan ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Ohio. Compare plans
  • Trustees of IBEW Local No. 573 Pension Plan's sponsor-wide assets have grown 20.3% 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 346570323.

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.