Money Purchase · DOL Form 5500 · 2024

Trustees of Local No. 1 Pension Benefit Trust Fund Money Purchase Plan

Data updated 2026-08-11

$1.9B
Total assets
4,749
Participants
99th
Percentile by assets
$396,830
Avg per participant
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Official DOL plan name: Local No. 1 IBEW Pension Benefit Trust Fund · Sponsored by Trustees of Local No. 1 Pension Benefit Trust Fund · Missouri · Construction

$1.9B in assets, 4,749 participants

Trustees of Local No. 1 Pension Benefit Trust Fund's Local No. 1 IBEW Pension Benefit Trust Fund reported $1.9B in total assets and 4,749 participants in its 2024 DOL Form 5500 filing, ranking in the 99th 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.

  • 99th percentile by assets (of 123,622 plans)
  • #8,978 in Construction (9,039 peers)

Coverage in Missouri

Local No. 1 IBEW Pension Benefit Trust Fund covers 4,749 participants in Missouri, 6.4x the typical Missouri plan (state average ~737 per filing). Assets: $1.9B.

$1.9B
total plan assets (2024 EOY)
4,749
covered participants
99th
percentile by assets (of 123,622 plans)
$396,830
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Local No. 1 IBEW Pension Benefit Trust Fund reported net income fell from $223M in the plan year 2023 filing to $193M in the plan year 2024 filing.
  • Local No. 1 IBEW Pension Benefit Trust Fund end-of-year assets rose from $1.7B in the plan year 2023 filing to $1.9B in the plan year 2024 filing.
  • Local No. 1 IBEW Pension Benefit Trust Fund reported participants rose from 4,647 in the plan year 2023 filing to 4,749 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs Missouri filers

In Missouri, the average filing covers about 737 participants across 2,297 plans. Local No. 1 IBEW Pension Benefit Trust Fund reports 4,749 participants - 6.4x that state average ($1.9B EOY assets).

Missouri filing particulars

Total Assets (Beginning of Year)$1.7B
Net Assets (End of Year)$1.9B
Net Income$193M
Employer EIN436032286
Plan Effective Date1960-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Trustees of Local No. 1 Pension Benefit Trust Fund)

$1.4B$1.6B$1.8B$2B 202220232024 $1.47B $1.88B ▲ +27.9%
Total plan assets by year, all Trustees of Local No. 1 Pension Benefit Trust Fund plans on file
Year Plans Participants Total Assets
2022 1 4,522 $1.5B
2023 1 4,647 $1.7B
2024 1 4,749 $1.9B

Nearby Money Purchase Plans in Missouri

Peer Money Purchase plans, same state, same plan type, ranked by total assets.

Local No. 1 IBEW Pension Benefit Trust Fund vs. nearby Money Purchase plans in Missouri, assets vs. participants

Local No. 1 IBEW Pension Benefit Trust Fund vs. nearby Money Purchase plans in Missouri, assets vs. participants Scatter plot of 6 data points. 02000400060008000 00.511.52 Total assets ($B) Participants Local No. 1 IBEW Pen…NECA-IBEW Pension Be…Saint Louis Universi…The Children's Mercy…Brewery Conference/A…Mo-Kan Iron Workers …
Local No. 1 IBEW Pension Benefit Trust Fund vs. nearby Money Purchase plans in Missouri, assets vs. participants

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to Local No. 1 IBEW Pension Benefit Trust Fund by total assets, not by location.

Frequently Asked Questions

How did Local No. 1 IBEW Pension Benefit Trust Fund assets move in 2024?
Local No. 1 IBEW Pension Benefit Trust Fund grew at a solid clip - up 11.4% during 2024, from $1.7B to $1.9B. Reported net income was $193M.
How have Trustees of Local No. 1 Pension Benefit Trust Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Trustees of Local No. 1 Pension Benefit Trust Fund's sponsor-wide assets grew 28.3%, from $1.5B to $1.9B.
Where does Local No. 1 IBEW Pension Benefit Trust Fund rank by assets among Form 5500 filers?
Local No. 1 IBEW Pension Benefit Trust Fund ranks in the 99th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).
Which Money Purchase plans are similar in size to Local No. 1 IBEW Pension Benefit Trust Fund?
Among Money Purchase plans in other states, the closest by assets is Electrical Workers Deferred Income Plan Local 103, I.B.E.W. in MA ($1.8B, 8,421 participants).

Next read for Local No. 1 IBEW Pension Benefit Trust F…

Filing takeaways

Ways to act on Local No. 1 IBEW Pension Benefit Trust Fund's numbers.

  • By total assets, Local No. 1 IBEW Pension Benefit Trust Fund ranks among the largest 1% of all filed plans. See the largest plans
  • Compare it side-by-side against 3 similar Money Purchase plans in Missouri. Compare plans
  • Trustees of Local No. 1 Pension Benefit Trust Fund's sponsor-wide assets have grown 28.3% since 2022 across 3 plan years on file. More Construction plans