Money Purchase · DOL Form 5500 · 2024
The Board of Trustees of the IBEW Local 968 Pension Fund Money Purchase Plan
Data updated 2026-08-25
- $73M
- Total assets Below avg plan size
- 355
- Participants Below avg headcount
- 88th
- Percentile by assets National rank
- $206,185
- Avg per participant Above avg balance/head
Official DOL plan name: IBEW Local 968 Pension Fund · Sponsored by The Board of Trustees of the IBEW Local 968 Pension Fund · West Virginia · Construction
$73M in assets, 355 participants
The Board of Trustees of the IBEW Local 968 Pension Fund's IBEW Local 968 Pension Fund reported $73M in total assets and 355 participants in its 2024 DOL Form 5500 filing, ranking in the 88th 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.
- #7,782 in Construction (9,039 peers)
Where IBEW Local 968 Pension Fund sits by assets
IBEW Local 968 Pension Fund sits in the top quartile of all filed plans by assets, $73M for 355 participants (~$206,185/participant), up 7.8% in 2024.
- #7,782
- in Construction (9,039 peers)
- +7.8%
- assets growth YoY
- 0.7×
- vs typical plan assets (national mean)
IBEW Local 968 Pension Fund's outsized position by total assets
IBEW Local 968 Pension Fund vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$73,195,529 Top 12% higher than 88% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
IBEW Local 968 Pension Fund 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 968 Pension Fund sits mid-pack in the medium band (355 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- IBEW Local 968 Pension Fund reported net income fell from $10M in the plan year 2023 filing to $5M in the plan year 2024 filing.
- IBEW Local 968 Pension Fund end-of-year assets rose from $68M in the plan year 2023 filing to $73M in the plan year 2024 filing.
- IBEW Local 968 Pension Fund reported participants rose from 350 in the plan year 2023 filing to 355 in the plan year 2024 filing.
EBSA filing schedule strip
Filing strip 516106848 · The Board of Trustees of the IBEW Local 968 Pension Fund PY 2024 · Money Purchase
IBEW Local 968 Pension Fund · $73M · 355 · 88th
- BOOK $73M
- VS-ST 355
- BOY 88th
- SCH Money Purchase
- EBSA near The Harker School 401(a) Defined Contribution Plan
- PART ind #7782
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 West Virginia →
IBEW Local 968 Pension Fund in the asset neighbourhood
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $68M |
|---|---|
| Net Assets (End of Year) | $73M |
| Net Income | $5M |
| Employer EIN | 516106848 |
| Plan Effective Date | 1970-06-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (The Board of Trustees of the IBEW Local 968 Pension Fund)
Sponsor-wide plan assets over time
All The Board of Trustees of the IBEW Local 968 Pension Fund plans reported in each filing year
- Latest sponsor-wide plan assets
- $73M 26.45231275799165% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 349 | $58M |
| 2023 | 1 | 350 | $68M |
| 2024 | 1 | 355 | $73M |
Nearby Money Purchase Plans in West Virginia
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
- West Virginia University Medical Corporation Retirement Plan $392M · 1,946
- University Physicians & Surgeons, Inc. 401(a) Tiaa-Cref Retirement Plan $107M · 2,084
- Plumbers & Pipefitters Local 152 Retirement Annuit $75M · 2,909
- West Virginia University Medical Corp. Charleston Division Retirement Plan $65M · 157
- Plumbers & Steamfitters Local 565 Pension Plan $35M · 632
IBEW Local 968 Pension Fund's out-of-state Money Purchase peers by assets and headcount
Outside West Virginia, the nearest Money Purchase by assets is The Harker School 401(a) Defined Contribution Plan in CA ($73M); by covered participants it is University Athletic Association, Inc. Employees' Money Purchase Pension in FL (356 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($73M here).
- The Harker School 401(a) Defined Contribution Plan (CA) $73M · 556
- Oup USA Defined Contribution Retirement Plan (NY) $73M · 340
- Rochester Laborers Annuity Fund (NY) $74M · 1,583
- Iowa Builders Retirement Plan (IA) $75M · 400
Similar participant headcount
Nearest other-state filings by covered participants (355 participants); asset peers above are excluded.
- University Athletic Association, Inc. Employees' Money Purchase Pension (FL) 356 · 1 off
- National Trust for Historic Preservation Defined Contribution Pension Plan (DC) 357 · 2 off
- Money Accumulation Pension Plan for Employees of Circles of Care, Inc. (FL) 352 · 3 off
- Massachusetts Mutual Life Insurance Company Agent Pension Plan (MA) 351 · 4 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.