Defined Benefit (Pension) · DOL Form 5500 · 2024

Local 1158 Pension Fund Pension Plan

Data updated 2026-08-11

$17M
Total assets
249
Participants
66th
Percentile by assets
$66,385
Avg per participant
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Official DOL plan name: Local 1158 IBEW AFL-CIO Pension Fund · Sponsored by Local 1158 Pension Fund · New Jersey · Other Services

$17M in assets, 249 participants

Local 1158 Pension Fund's Local 1158 IBEW AFL-CIO Pension Fund reported $17M in total assets and 249 participants in its 2024 DOL Form 5500 filing, ranking in the 66th 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.

  • 66th percentile by assets (of 123,622 plans)
  • #6,277 in Other Services (7,719 peers)

Coverage in New Jersey

Local 1158 IBEW AFL-CIO Pension Fund covers 249 participants in New Jersey, about 29% of the average New Jersey filer (state average ~844 per filing). Assets: $17M.

$17M
total plan assets (2024 EOY)
249
covered participants
66th
percentile by assets (of 123,622 plans)
$66,385
avg assets per participant

Where Local 1158 IBEW AFL-CIO Pension Fund sits by total assets

Local 1158 IBEW AFL-CIO Pension Fund vs every filed plan by assets

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

$16,529,857 Top 34% higher than 66% 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

  • Local 1158 IBEW AFL-CIO Pension Fund end-of-year assets rose from $15M in the plan year 2023 filing to $17M in the plan year 2024 filing.
  • Local 1158 IBEW AFL-CIO Pension Fund reported participants rose from 226 in the plan year 2023 filing to 249 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs New Jersey filers

In New Jersey, the average filing covers about 844 participants across 4,145 plans. Local 1158 IBEW AFL-CIO Pension Fund reports 249 participants - about 29% of that state average ($17M EOY assets).

New Jersey filing particulars

Total Assets (Beginning of Year)$15M
Net Assets (End of Year)$16M
Net Income$2M
Employer EIN222021330
Plan Effective Date1971-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Local 1158 Pension Fund)

$12M$14M$16M$18M 202220232024 $13.2M $16.5M ▲ +25.6%
Total plan assets by year, all Local 1158 Pension Fund plans on file
Year Plans Participants Total Assets
2022 1 199 $13M
2023 1 226 $15M
2024 1 249 $17M

Nearby Defined Benefit (Pension) Plans in New Jersey

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

Local 1158 IBEW AFL-CIO Pension Fund vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants

Local 1158 IBEW AFL-CIO Pension Fund vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -50510152025 Total assets ($B) Participants Local 1158 IBEW AFL-…Retirement Plan of J…JPMorgan Chase Retir…Nokia Retirement Inc…The Prudential Merge…Merck US Pension Plan
Local 1158 IBEW AFL-CIO Pension Fund vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Local 1158 IBEW AFL-CIO Pension Fund by total assets, not by location.

Frequently Asked Questions

How did Local 1158 IBEW AFL-CIO Pension Fund assets move in 2024?
Local 1158 IBEW AFL-CIO Pension Fund grew at a solid clip - up 11.3% during 2024, from $15M to $17M. Reported net income was $2M.
How have Local 1158 Pension Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Local 1158 Pension Fund's sponsor-wide assets grew 25.6%, from $13M to $17M.
Which Defined Benefit (Pension) plans are similar in size to Local 1158 IBEW AFL-CIO Pension Fund?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Plumbers & Pipefitters Local 653 Pension Fund in IL ($17M, 82 participants).

Next read for Local 1158 IBEW AFL-CIO Pension Fund

Filing takeaways

Ways to act on Local 1158 IBEW AFL-CIO Pension Fund's numbers.

  • By total assets, Local 1158 IBEW AFL-CIO Pension Fund ranks above the median plan by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in New Jersey. Compare plans
  • Local 1158 Pension Fund's sponsor-wide assets have grown 25.6% since 2022 across 3 plan years on file. More Other Services plans