Defined Benefit (Pension) · DOL Form 5500 · 2024

Trustees of IBEW Local No. 573 Pension Plan Pension Plan

Data updated 2026-08-25

$61M
Total assets Below avg plan size
267
Participants Below avg headcount
86th
Percentile by assets National rank
$229,350
Avg per participant Above avg balance/head
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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.

  • #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.

#7,630
in Construction (9,039 peers)
+9.5%
assets growth YoY
0.6×
vs typical plan assets (national mean)

IBEW Local 573 Pension Plan's outsized position 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 $2,050,000,000 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 573 Pension Plan 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 573 Pension Plan sits mid-pack in the medium band (267 participants).

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 →

Published 5500 schedule card

Filing strip 346570323 · Trustees of IBEW Local No. 573 Pension Plan PY 2024 · Defined Benefit (Pension)

IBEW Local 573 Pension Plan · $61M · 267 · 86th

  • EIN $61M
  • RANK 267
  • PHOTO 86th
  • IND Defined Benefit (Pension)
  • EOY near Sheet Metal Workers Local 218(s) Pension Plan
  • 5500 ind #7630

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 Ohio →

IBEW Local 573 Pension Plan in the asset neighbourhood

The Oregon Tool Retirement PlanThe Oregon Tool Retirement P…$61MManagement-Labor Pension Fund Local 1730 IlaManagement-Labor Pension Fun…$61MImerys USA Pension Plan$61MSheet Metal Workers Local 218(s) Pension PlanSheet Metal Workers Local 21…$61MIBEW Local 573 Pension Plan$61M
End-of-year total assets ($M) among IBEW Local 573 Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

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)

Sponsor-wide plan assets over time

All Trustees of IBEW Local No. 573 Pension Plan plans reported in each filing year

Latest sponsor-wide plan assets
$61M 20.254729091342693% vs 2022
2024 filing year
$45M$50M$55M$60M$65M 202220232024 $50.9M $61.2M ▲ +20.3%
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 ($B) Participants IBEW Local 573 Pension Plan, Total assets ($B): 0.061236421 · Participants: 267IBEW Local 573 Pension PlanGE Aerospace Pension Plan, Total assets ($B): 19.026079363 · Participants: 9637GE Aerospace Pension PlanFirstenergy Corp. Master Pension Plan, Total assets ($B): 6.474467697 · Participants: 12187Firstenergy Corp. Master Pension PlanAmerican Electric Power System Retirement Plan, Total assets ($B): 4.085797504 · Participants: 16073American Electric Power System Retirement PlanOhio Operating Engineers Pension Plan, Total assets ($B): 3.912834719 · Participants: 10387Ohio Operating Engineers Pension PlanParker Defined Benefit Pension Plan, Total assets ($B): 3.496388263 · Participants: 8120Parker Defined Benefit Pension Plan
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 →

IBEW Local 573 Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Ohio, the nearest Defined Benefit (Pension) by assets is Sheet Metal Workers Local 218(s) Pension Plan in KS ($61M); by covered participants it is Horne Brothers Construction, Inc. Cash Balance Pension Plan in NC (267 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($61M here).

Similar participant headcount

Nearest other-state filings by covered participants (267 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 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).
Which Defined Benefit (Pension) plans cover a similar participant headcount to IBEW Local 573 Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Horne Brothers Construction, Inc. Cash Balance Pension Plan in NC (267 participants, $4M 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 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.