Defined Benefit (Pension) · DOL Form 5500 · 2024

Trustees of IBEW Local No. 117 Pension Fund Pension Plan

Data updated 2026-08-06

$253M
Total assets: 470
Participants: 95th
Percentile by assets: $538,042
Avg per participant

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.

95th percentile by assets (of 116,472 plans)

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.

$253M
total plan assets (2024 EOY): 470
covered participants: 95th
percentile by assets (of 116,472 plans): $538,042
avg assets per participant

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 →

State

Illinois

Industry

Construction

IBEW Local No. 117 Pension Fund vs the 2024 asset distribution

By assets, IBEW Local No. 117 Pension Fund outranks 95% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 2.5x the national average plan size of $100M (730 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)	$235M
Net Assets (End of Year)	$252M
Net Income	$18M
Employer EIN	366474808
Plan Effective Date	1971-06-01
Filing Status	FILING RECEIVED

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

Total plan assets by year, all Trustees of IBEW Local No. 117 Pension Fund plans on file

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

Central States, Southeast & Southwest Areas Pension Plan $48.2B · 36,799
State Farm Insurance Companies Retirement Plan for United States Employees $37.7B · 41,619
GE Healthcare Pension Plan $13.7B · 5,554
Abbott Laboratories Annuity Retirement Plan $8.6B · 17,875
Exelon Corporation Retirement Program $6.1B · 8,898

Compare IBEW Local No. 117 Pension Fund side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to IBEW Local No. 117 Pension Fund by total assets, not by location.

Local 553 Pension Fund (NY) $253M · 324
Retirement Income Plan (MA) $253M · 310
Tdk U. S. a. Corporation Retirement Plan (NY) $253M · 422
Fbl Financial Group Retirement Plan (IA) $254M · 533

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 116,472 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).

Next read for IBEW Local No. 117 Pension Fund

Scale reading

Ways to act on IBEW Local No. 117 Pension Fund's numbers.

By total assets, IBEW Local No. 117 Pension Fund ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Illinois. Compare plans
Trustees of IBEW Local No. 117 Pension Fund's sponsor-wide assets have grown 22.3% since 2022 across 3 plan years on file. More Construction plans

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.