Defined Benefit (Pension) · DOL Form 5500 · 2024
Board of Trustees International Brotherh Electrical Workers Pension Pl Pension Plan
Data updated 2026-08-25
- $624M
- Total assets Above avg plan size
- 2,573
- Participants Above avg headcount
- 98th
- Percentile by assets National rank
- $242,520
- Avg per participant Above avg balance/head
Official DOL plan name: International Brotherhood of Electrical Workers Local Union 98 Pension Plan · Sponsored by Board of Trustees International Brotherh Electrical Workers Pension Pl · Pennsylvania · Construction
$624M in assets, 2,573 participants
Board of Trustees International Brotherh Electrical Workers Pension Pl's International Brotherhood of Electrical Workers Local Union 98 Pension Plan reported $624M in total assets and 2,573 participants in its 2024 DOL Form 5500 filing, ranking in the 98th 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.
- #8,821 in Construction (9,039 peers)
Coverage in Pennsylvania
International Brotherhood of Electrical Workers Local Union 98 Pension Plan covers 2,573 participants in Pennsylvania, 3.1x the typical Pennsylvania plan (state average ~822 per filing). Assets: $624M.
- #8,821
- in Construction (9,039 peers)
- +12.5%
- assets growth YoY
- 6.3×
- vs typical plan assets (national mean)
International Brotherhood of Electrical Workers Local Union 98 Pension Plan's outsized position by total assets
International Brotherhood of Electrical Workers Local Union 98 Pension Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$624,004,359 Top 2% higher than 98% 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
International Brotherhood of Electrical Workers Local Union 98 Pension Plan's large-plan peer group by participant headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. International Brotherhood of Electrical Workers Local Union 98 Pension Plan lands in the large band (2,573 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- International Brotherhood of Electrical Workers Local Union 98 Pension Plan end-of-year assets rose from $555M in the plan year 2023 filing to $624M in the plan year 2024 filing.
- International Brotherhood of Electrical Workers Local Union 98 Pension Plan reported participants rose from 2,487 in the plan year 2023 filing to 2,573 in the plan year 2024 filing.
- International Brotherhood of Electrical Workers Local Union 98 Pension Plan reported net income rose from $68M in the plan year 2023 filing to $70M in the plan year 2024 filing.
Form 5500 schedule snapshot
Filing strip 231990722 · Board of Trustees International Brotherh Electrical Workers Pension Pl PY 2024 · Defined Benefit (Pension)
International Brotherhood of Electrical Workers Local Union 98 Pension Plan · $624M · 2,573 · 98th
- BOOK $624M
- VS-ST 2,573
- BOY 98th
- SCH Defined Benefit (Pension)
- EBSA near 32bj School Workers Pension Fund
- PART ind #8821
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 Pennsylvania →
International Brotherhood of Electrical Workers Local Union 98 Pension Plan in the asset neighbourhood
Pennsylvania filing particulars
| Total Assets (Beginning of Year) | $555M |
|---|---|
| Net Assets (End of Year) | $623M |
| Net Income | $70M |
| Employer EIN | 231990722 |
| Plan Effective Date | 1961-09-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees International Brotherh Electrical Workers Pension Pl)
Sponsor-wide plan assets over time
All Board of Trustees International Brotherh Electrical Workers Pension Pl plans reported in each filing year
- Latest sponsor-wide plan assets
- $624M 28.045610833041014% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 2,548 | $487M |
| 2023 | 1 | 2,487 | $555M |
| 2024 | 1 | 2,573 | $624M |
Nearby Defined Benefit (Pension) Plans in Pennsylvania
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- National Elevator Industry Pension Plan $12.2B · 28,308
- Steelworkers Pension Trust $7.2B · 46,110
- The PNC Financial Services Group, Inc. Pension Plan $5.5B · 58,779
- The Bank of New York Mellon Corporation Pension Plan $5.2B · 6,387
- Constellation Retirement Program $5.0B · 4,809
International Brotherhood of Electrical Workers Local Union 98 Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Pennsylvania, the nearest Defined Benefit (Pension) by assets is 32bj School Workers Pension Fund in NY ($625M); by covered participants it is Yum Brands Retirement Plan in KY (2,572 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($624M here).
- 32bj School Workers Pension Fund (NY) $625M · 5,425
- Hii Ingalls Shipbuilding, Inc. Hourly Employees' Retirement Plan (VA) $623M · 7,220
- Ng Es - Space Division Consolidated Pension Plan (VA) $623M · 440
- Plumbers & Pipefitters Local Unions 502 & 633 Pens (MI) $623M · 2,160
Similar participant headcount
Nearest other-state filings by covered participants (2,573 participants); asset peers above are excluded.
- Yum Brands Retirement Plan (KY) 2,572 · 1 off
- Federated Mutual Retirement Plan (MN) 2,571 · 2 off
- The Keyspan Retirement Plan (NY) 2,580 · 7 off
- Chanel, Inc. Pension Plan (NY) 2,566 · 7 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.