Defined Benefit (Pension) · DOL Form 5500 · 2024

Joint Pension Fund Local Union 164 IBEW Pension Plan

Data updated 2026-08-25

$599M
Total assets Above avg plan size
2,072
Participants Near avg headcount
98th
Percentile by assets National rank
$289,305
Avg per participant High balance/head
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Official DOL plan name: Joint Pension Fund Local Union IBEW · Sponsored by Joint Pension Fund Local Union 164 IBEW · New Jersey · Construction

$599M in assets, 2,072 participants

Joint Pension Fund Local Union 164 IBEW's Joint Pension Fund Local Union IBEW reported $599M in total assets and 2,072 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.

  • #8,811 in Construction (9,039 peers)

Coverage in New Jersey

Joint Pension Fund Local Union IBEW covers 2,072 participants in New Jersey, 2.5x the typical New Jersey plan (state average ~844 per filing). Assets: $599M.

#8,811
in Construction (9,039 peers)
+8.6%
assets growth YoY
6.0×
vs typical plan assets (national mean)

Joint Pension Fund Local Union IBEW's outsized position by total assets

Joint Pension Fund Local Union IBEW vs every filed plan by assets

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

$599,440,257 Top 2% higher than 98% 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

Joint Pension Fund Local Union IBEW'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. Joint Pension Fund Local Union IBEW lands in the large band (2,072 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Joint Pension Fund Local Union IBEW reported net income fell from $65M in the plan year 2023 filing to $48M in the plan year 2024 filing.
  • Joint Pension Fund Local Union IBEW end-of-year assets rose from $552M in the plan year 2023 filing to $599M in the plan year 2024 filing.
  • Joint Pension Fund Local Union IBEW reported participants fell from 2,149 in the plan year 2023 filing to 2,072 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 226031199 · Joint Pension Fund Local Union 164 IBEW PY 2024 · Defined Benefit (Pension)

Joint Pension Fund Local Union IBEW · $599M · 2,072 · 98th

  • IND $599M
  • EOY 2,072
  • 5500 98th
  • ASSETS Defined Benefit (Pension)
  • PCT near Christiana Care Health Services, Inc. Retirement Plan
  • EIN ind #8811

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 Jersey →

Joint Pension Fund Local Union IBEW in the asset neighbourhood

Connecticut Laborers' Pension PlanConnecticut Laborers' Pensio…$601MAmerica First Credit Union Pension PlanAmerica First Credit Union P…$600MJoint Pension Fund Local Union IBEWJoint Pension Fund Local Uni…$599MChristiana Care Health Services, Inc. Retirement PlanChristiana Care Health Servi…$599MRetirement Plan for Employees of Babcock & Wilcox Commercial OperationsRetirement Plan for Employee…$599M
End-of-year total assets ($M) among Joint Pension Fund Local Union IBEW and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

New Jersey filing particulars

Total Assets (Beginning of Year)$552M
Net Assets (End of Year)$599M
Net Income$48M
Employer EIN226031199
Plan Effective Date1954-04-13
Filing StatusFILING RECEIVED

Sponsor Plan History (Joint Pension Fund Local Union 164 IBEW)

Sponsor-wide plan assets over time

All Joint Pension Fund Local Union 164 IBEW plans reported in each filing year

Latest sponsor-wide plan assets
$599M 23.121334359300196% vs 2022
2024 filing year
$450M$500M$550M$600M$650M 202220232024 $487M $599M ▲ +23.1%
Year Plans Participants Total Assets
2022 1 2,247 $487M
2023 1 2,149 $552M
2024 1 2,072 $599M

Nearby Defined Benefit (Pension) Plans in New Jersey

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

Joint Pension Fund Local Union IBEW vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -50510152025 Total assets ($B) Participants Joint Pension Fund Local Union IBEW, Total assets ($B): 0.599440257 · Participants: 2072Joint Pension Fund Local Union IBEWRetirement Plan of Johnson and Johnson, Total assets ($B): 21.095569114 · Participants: 37882Retirement Plan of Johnson and JohnsonJPMorgan Chase Retirement Plan, Total assets ($B): 16.066557714 · Participants: 83812JPMorgan Chase Retirement PlanNokia Retirement Income Plan, Total assets ($B): 12.855309 · Participants: 7280Nokia Retirement Income PlanThe Prudential Merged Retirement Plan, Total assets ($B): 12.025028912 · Participants: 16233The Prudential Merged Retirement PlanMerck US Pension Plan, Total assets ($B): 10.090083286 · Participants: 26843Merck US Pension Plan
Joint Pension Fund Local Union IBEW vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants
Compare Joint Pension Fund Local Union IBEW side-by-side with 3 peers →

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

Outside New Jersey, the nearest Defined Benefit (Pension) by assets is Christiana Care Health Services, Inc. Retirement Plan in DE ($599M); by covered participants it is Roofers Pension Fund in IL (2,071 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,072 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 Joint Pension Fund Local Union IBEW assets move in 2024? ▼
Joint Pension Fund Local Union IBEW grew at a solid clip - up 8.6% during 2024, from $552M to $599M. Reported net income was $48M.
How have Joint Pension Fund Local Union 164 IBEW plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Joint Pension Fund Local Union 164 IBEW's sponsor-wide assets grew 23.1%, from $487M to $599M.
Where does Joint Pension Fund Local Union IBEW rank by assets among Form 5500 filers? ▼
Joint Pension Fund Local Union IBEW ranks in the 98th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Joint Pension Fund Local Union IBEW? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Christiana Care Health Services, Inc. Retirement Plan in DE ($599M, 2,333 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Joint Pension Fund Local Union IBEW? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Roofers Pension Fund in IL (2,071 participants, $530M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 226031199.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.