Defined Benefit (Pension) · DOL Form 5500 · 2024

IBEW Local Union No. 237 Pension Plan Pension Plan

Data updated 2026-08-25

$52M
Total assets Below avg plan size
198
Participants Below avg headcount
85th
Percentile by assets National rank
$262,679
Avg per participant High balance/head
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Official DOL plan name: IBEW Local Union No. 237 Pension Plan · Sponsored by IBEW Local Union No. 237 Pension Plan · New York · Construction

$52M in assets, 198 participants

IBEW Local Union No. 237 Pension Plan's IBEW Local Union No. 237 Pension Plan reported $52M in total assets and 198 participants in its 2024 DOL Form 5500 filing, ranking in the 85th 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.

  • #7,477 in Construction (9,039 peers)

Coverage in New York

IBEW Local Union No. 237 Pension Plan covers 198 participants in New York, about 25% of the average New York filer (state average ~798 per filing). Assets: $52M.

#7,477
in Construction (9,039 peers)
+2.8%
assets growth YoY
0.5×
vs typical plan assets (national mean)

IBEW Local Union No. 237 Pension Plan's outsized position by total assets

IBEW Local Union No. 237 Pension Plan vs every filed plan by assets

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

$52,010,487 Top 15% higher than 85% 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. 237 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 Union No. 237 Pension Plan sits mid-pack in the medium band (198 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • IBEW Local Union No. 237 Pension Plan reported net income fell from $34M in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • IBEW Local Union No. 237 Pension Plan reported participants rose from 167 in the plan year 2023 filing to 198 in the plan year 2024 filing.
  • IBEW Local Union No. 237 Pension Plan end-of-year assets rose from $51M in the plan year 2023 filing to $52M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 166094914 · IBEW Local Union No. 237 Pension Plan PY 2024 · Defined Benefit (Pension)

IBEW Local Union No. 237 Pension Plan · $52M · 198 · 85th

  • 5500 $52M
  • 5500 198
  • 5500 85th
  • 5500 Defined Benefit (Pension)
  • 5500 near Smart Financial Credit Union Employees Pension Plan
  • 5500 ind #7477

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 Union No. 237 Pension Plan in the asset neighbourhood

Chs Inc. Retirement Plan for Union Production EmployeesChs Inc. Retirement Plan for…$52MRetirement Income Plan for Nonbargaining Unit Employees of Young's Market Company, LLCRetirement Income Plan for N…$52MNavy-Marine Corps Relief Society Employees' Pension PlanNavy-Marine Corps Relief Soc…$52MIBEW Local Union No. 237 Pension PlanIBEW Local Union No. 237 Pen…$52MSmart Financial Credit Union Employees Pension PlanSmart Financial Credit Union…$52M
End-of-year total assets ($M) among IBEW Local Union No. 237 Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

New York filing particulars

Total Assets (Beginning of Year)$51M
Net Assets (End of Year)$52M
Net Income$1M
Employer EIN166094914
Plan Effective Date1967-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (IBEW Local Union No. 237 Pension Plan)

Sponsor-wide plan assets over time

All IBEW Local Union No. 237 Pension Plan plans reported in each filing year

Latest sponsor-wide plan assets
$52M 224.03539472574252% vs 2022
2024 filing year
$0M$20M$40M$60M 202220232024 $16.1M $52M ▲ +224.0%
Year Plans Participants Total Assets
2022 1 178 $16M
2023 1 167 $51M
2024 1 198 $52M

Nearby Defined Benefit (Pension) Plans in New York

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

IBEW Local Union No. 237 Pension Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -505101520 Total assets ($B) Participants IBEW Local Union No. 237 Pension Plan, Total assets ($B): 0.052010487 · Participants: 198IBEW Local Union No. 237 Pension PlanIBM 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 Union No. 237 Pension Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants
Compare IBEW Local Union No. 237 Pension Plan side-by-side with 3 peers →

IBEW Local Union No. 237 Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New York, the nearest Defined Benefit (Pension) by assets is Smart Financial Credit Union Employees Pension Plan in TX ($52M); by covered participants it is National Bankshares, Inc. Retirement Income Plan in VA (198 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (198 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. 237 Pension Plan assets move in 2024? ▼
IBEW Local Union No. 237 Pension Plan edged up modestly - up 2.8% during 2024, from $51M to $52M. Reported net income was $1M.
How have IBEW Local Union No. 237 Pension Plan plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), IBEW Local Union No. 237 Pension Plan's sponsor-wide assets grew 224.0%, from $16M to $52M.
Where does IBEW Local Union No. 237 Pension Plan rank by assets among Form 5500 filers? ▼
IBEW Local Union No. 237 Pension Plan ranks in the 85th 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 Union No. 237 Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Smart Financial Credit Union Employees Pension Plan in TX ($52M, 172 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to IBEW Local Union No. 237 Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is National Bankshares, Inc. Retirement Income Plan in VA (198 participants, $39M 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 166094914.

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.