Defined Benefit (Pension) · DOL Form 5500 · 2024

IBEW Lu 363 Pension Pension Plan

Data updated 2026-08-25

$157M
Total assets Near avg plan size
720
Participants Below avg headcount
93rd
Percentile by assets National rank
$218,586
Avg per participant Above avg balance/head
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Official DOL plan name: IBEW Local Union 363 Pension · Sponsored by IBEW Lu 363 Pension · New York · Construction

$157M in assets, 720 participants

IBEW Lu 363 Pension's IBEW Local Union 363 Pension reported $157M in total assets and 720 participants in its 2024 DOL Form 5500 filing, ranking in the 93rd 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.

  • #8,304 in Construction (9,039 peers)

Where IBEW Local Union 363 Pension sits by assets

IBEW Local Union 363 Pension sits in the top 10% of all filed plans by assets, $157M for 720 participants (~$218,586/participant), up 9.3% in 2024.

#8,304
in Construction (9,039 peers)
+9.3%
assets growth YoY
1.6×
vs typical plan assets (national mean)

IBEW Local Union 363 Pension's outsized position by total assets

IBEW Local Union 363 Pension vs every filed plan by assets

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

$157,382,186 Top 7% higher than 93% 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 363 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 363 Pension sits mid-pack in the medium band (720 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • IBEW Local Union 363 Pension reported net income fell from $17M in the plan year 2023 filing to $14M in the plan year 2024 filing.
  • IBEW Local Union 363 Pension end-of-year assets rose from $144M in the plan year 2023 filing to $157M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 516041178 · IBEW Lu 363 Pension PY 2024 · Defined Benefit (Pension)

IBEW Local Union 363 Pension · $157M · 720 · 93rd

  • PCT $157M
  • PCT 720
  • PCT 93rd
  • PCT Defined Benefit (Pension)
  • PCT near Pierce Manufacturing Inc. Pension Plan
  • PCT ind #8304

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 363 Pension in the asset neighbourhood

Retirement Plan for Employees of St. Mary's Medical CenterRetirement Plan for Employee…$158MSilgan Non-Union Pension Plan$158MIBEW Local Union 363 Pension$157MPierce Manufacturing Inc. Pension PlanPierce Manufacturing Inc. Pe…$157MRicoh Family Group Pension Equity PlanRicoh Family Group Pension E…$157M
End-of-year total assets ($M) among IBEW Local Union 363 Pension and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$144M
Net Assets (End of Year)$157M
Net Income$14M
Employer EIN516041178
Plan Effective Date1956-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (IBEW Lu 363 Pension)

Sponsor-wide plan assets over time

All IBEW Lu 363 Pension plans reported in each filing year

Latest sponsor-wide plan assets
$157M 23.67942417898058% vs 2022
2024 filing year
$120M$130M$140M$150M$160M$170M 202220232024 $127M $157M ▲ +23.7%
Year Plans Participants Total Assets
2022 1 724 $127M
2023 1 720 $144M
2024 1 720 $157M

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 363 Pension vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -505101520 Total assets ($B) Participants IBEW Local Union 363 Pension, Total assets ($B): 0.157382186 · Participants: 720IBEW Local Union 363 PensionIBM 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 363 Pension vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants

IBEW Local Union 363 Pension's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New York, the nearest Defined Benefit (Pension) by assets is Pierce Manufacturing Inc. Pension Plan in WI ($157M); by covered participants it is Atlanta Ironworkers Local #387 Pension Plan in TN (723 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($157M here).

Similar participant headcount

Nearest other-state filings by covered participants (720 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 363 Pension assets move in 2024?
IBEW Local Union 363 Pension grew at a solid clip - up 9.3% during 2024, from $144M to $157M. Reported net income was $14M.
How have IBEW Lu 363 Pension plan assets changed over time?
Across 3 plan years on file (2022-2024), IBEW Lu 363 Pension's sponsor-wide assets grew 23.7%, from $127M to $157M.
Where does IBEW Local Union 363 Pension rank by assets among Form 5500 filers?
IBEW Local Union 363 Pension ranks in the 93rd 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 Union 363 Pension?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Pierce Manufacturing Inc. Pension Plan in WI ($157M, 898 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to IBEW Local Union 363 Pension?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Atlanta Ironworkers Local #387 Pension Plan in TN (723 participants, $136M in assets).