Defined Benefit (Pension) · DOL Form 5500 · 2024

Trustees of IBEW Local No. 117 Pension Fund Pension Plan

Data updated 2026-08-25

$253M
Total assets Near avg plan size
470
Participants Below avg headcount
95th
Percentile by assets National rank
$538,042
Avg per participant High balance/head
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Official DOL plan name: IBEW Local No. 117 Pension Fund · Sponsored by Trustees of IBEW Local No. 117 Pension Fund · Illinois · Construction

$253M in assets, 470 participants

Trustees of IBEW Local No. 117 Pension Fund's IBEW Local No. 117 Pension Fund reported $253M in total assets and 470 participants in its 2024 DOL Form 5500 filing, ranking in the 95th 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.

  • #8,540 in Construction (9,039 peers)

Where IBEW Local No. 117 Pension Fund sits by assets

IBEW Local No. 117 Pension Fund sits in the top 5% of all filed plans by assets, $253M for 470 participants (~$538,042/participant), up 7.8% in 2024.

#8,540
in Construction (9,039 peers)
+7.8%
assets growth YoY
2.5×
vs typical plan assets (national mean)

IBEW Local No. 117 Pension Fund's outsized position by total assets

IBEW Local No. 117 Pension Fund vs every filed plan by assets

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

$252,879,925 Top 5% higher than 95% 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

IBEW Local No. 117 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 No. 117 Pension Fund sits mid-pack in the medium band (470 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • IBEW Local No. 117 Pension Fund reported net income fell from $28M in the plan year 2023 filing to $18M in the plan year 2024 filing.
  • IBEW Local No. 117 Pension Fund end-of-year assets rose from $235M in the plan year 2023 filing to $253M in the plan year 2024 filing.
  • IBEW Local No. 117 Pension Fund reported participants fell from 498 in the plan year 2023 filing to 470 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 366474808 · Trustees of IBEW Local No. 117 Pension Fund PY 2024 · Defined Benefit (Pension)

IBEW Local No. 117 Pension Fund · $253M · 470 · 95th

  • PCT $253M
  • EIN 470
  • RANK 95th
  • PHOTO Defined Benefit (Pension)
  • IND near Local 553 Pension Fund
  • EOY ind #8540

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 Illinois →

IBEW Local No. 117 Pension Fund in the asset neighbourhood

Fbl Financial Group Retirement PlanFbl Financial Group Retireme…$254MLocal 553 Pension Fund$253MIBEW Local No. 117 Pension FundIBEW Local No. 117 Pension F…$253MRetirement Income Plan$253MTdk U. S. a. Corporation Retirement PlanTdk U. S. a. Corporation Ret…$253M
End-of-year total assets ($M) among IBEW Local No. 117 Pension Fund and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$235M
Net Assets (End of Year)$252M
Net Income$18M
Employer EIN366474808
Plan Effective Date1971-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Trustees of IBEW Local No. 117 Pension Fund)

Sponsor-wide plan assets over time

All Trustees of IBEW Local No. 117 Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$253M 22.264432236767675% vs 2022
2024 filing year
$200M$220M$240M$260M 202220232024 $207M $253M ▲ +22.3%
Year Plans Participants Total Assets
2022 1 511 $207M
2023 1 498 $235M
2024 1 470 $253M

Nearby Defined Benefit (Pension) Plans in Illinois

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

IBEW Local No. 117 Pension Fund vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000001000020000300004000050000 -200204060 Total assets ($B) Participants IBEW Local No. 117 Pension Fund, Total assets ($B): 0.252879925 · Participants: 470IBEW Local No. 117 Pension FundCentral States, Southeast & Southwest Areas Pension Plan, Total assets ($B): 48.22071058 · Participants: 36799Central States, Southeast & Southwest Areas Pension PlanState Farm Insurance Companies Retirement Plan for United States Employees, Total assets ($B): 37.736369487 · Participants: 41619State Farm Insurance Companies Retirement Plan for United States EmployeesGE Healthcare Pension Plan, Total assets ($B): 13.74052931 · Participants: 5554GE Healthcare Pension PlanAbbott Laboratories Annuity Retirement Plan, Total assets ($B): 8.591907247 · Participants: 17875Abbott Laboratories Annuity Retirement PlanUnited Food & Commercial Workers Intl Union - Industry Pension Fund, Total assets ($B): 8.17675965 · Participants: 20984United Food & Commercial Workers Intl Union - Industry Pension Fund
IBEW Local No. 117 Pension Fund vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants
Compare IBEW Local No. 117 Pension Fund side-by-side with 3 peers →

IBEW Local No. 117 Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Illinois, the nearest Defined Benefit (Pension) by assets is Local 553 Pension Fund in NY ($253M); by covered participants it is Carpenters Local Union No. 345 Pension Fund in TN (468 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($253M here).

Similar participant headcount

Nearest other-state filings by covered participants (470 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 IBEW Local No. 117 Pension Fund assets move in 2024? ▼
IBEW Local No. 117 Pension Fund grew at a solid clip - up 7.8% during 2024, from $235M to $253M. Reported net income was $18M.
How have Trustees of IBEW Local No. 117 Pension Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Trustees of IBEW Local No. 117 Pension Fund's sponsor-wide assets grew 22.3%, from $207M to $253M.
Where does IBEW Local No. 117 Pension Fund rank by assets among Form 5500 filers? ▼
IBEW Local No. 117 Pension Fund ranks in the 95th 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 IBEW Local No. 117 Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Local 553 Pension Fund in NY ($253M, 324 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to IBEW Local No. 117 Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Carpenters Local Union No. 345 Pension Fund in TN (468 participants, N/A 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 366474808.

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.