Defined Benefit (Pension) · DOL Form 5500 · 2024

IBEW 648 Pension Plan Pension Plan

Data updated 2026-08-25

$90M
Total assets Below avg plan size
392
Participants Below avg headcount
90th
Percentile by assets National rank
$229,644
Avg per participant Above avg balance/head
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Official DOL plan name: IBEW 648 Pension Plan · Sponsored by IBEW 648 Pension Plan · West Virginia · Construction

$90M in assets, 392 participants

IBEW 648 Pension Plan's IBEW 648 Pension Plan reported $90M in total assets and 392 participants in its 2024 DOL Form 5500 filing, ranking in the 90th 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.

  • #7,959 in Construction (9,039 peers)

Where IBEW 648 Pension Plan sits by assets

IBEW 648 Pension Plan sits in the top 10% of all filed plans by assets, $90M for 392 participants (~$229,644/participant), up 12.6% in 2024.

#7,959
in Construction (9,039 peers)
+12.6%
assets growth YoY
0.9×
vs typical plan assets (national mean)

IBEW 648 Pension Plan's outsized position by total assets

IBEW 648 Pension Plan vs every filed plan by assets

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

$90,020,273 Top 10% higher than 90% 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 648 Pension Plan 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 648 Pension Plan sits mid-pack in the medium band (392 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • IBEW 648 Pension Plan end-of-year assets rose from $80M in the plan year 2023 filing to $90M in the plan year 2024 filing.
  • IBEW 648 Pension Plan reported participants rose from 365 in the plan year 2023 filing to 392 in the plan year 2024 filing.
  • IBEW 648 Pension Plan reported net income rose from $10M in the plan year 2023 filing to $10M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 316134845 · IBEW 648 Pension Plan PY 2024 · Defined Benefit (Pension)

IBEW 648 Pension Plan · $90M · 392 · 90th

  • IND $90M
  • IND 392
  • IND 90th
  • IND Defined Benefit (Pension)
  • IND near Ch2m Hill Omi Retirement Plan
  • IND ind #7959

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 West Virginia →

IBEW 648 Pension Plan in the asset neighbourhood

Independent Health Association Inc Defined Benefit Plan and TrustIndependent Health Associati…$90MCh2m Hill Omi Retirement Plan$90MIBEW 648 Pension Plan$90MThe Restated Contributory Retirement Plan for CooperativesThe Restated Contributory Re…$90MMinerals Technologies Inc. Retirement Plan - Pc&eMinerals Technologies Inc. R…$90M
End-of-year total assets ($M) among IBEW 648 Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$80M
Net Assets (End of Year)$90M
Net Income$10M
Employer EIN316134845
Plan Effective Date1970-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (IBEW 648 Pension Plan)

Sponsor-wide plan assets over time

All IBEW 648 Pension Plan plans reported in each filing year

Latest sponsor-wide plan assets
$90M 27.79273262735326% vs 2022
2024 filing year
$60M$70M$80M$90M$100M 202220232024 $70.4M $90M ▲ +27.8%
Year Plans Participants Total Assets
2022 1 334 $70M
2023 1 365 $80M
2024 1 392 $90M

Nearby Defined Benefit (Pension) Plans in West Virginia

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

IBEW 648 Pension Plan vs. nearby Defined Benefit (Pension) plans in West Virginia, assets vs. participants Scatter plot of 6 data points. 05001000150020002500 0200400600 Total assets ($M) Participants IBEW 648 Pension Plan, Total assets ($M): 90.020273 · Participants: 392IBEW 648 Pension PlanWest Virginia Laborers Pension Trust Fund, Total assets ($M): 569.974961 · Participants: 2390West Virginia Laborers Pension Trust FundI.U.O.E. Local 132 Pension Fund, Total assets ($M): 559.321763 · Participants: 1858I.U.O.E. Local 132 Pension FundUnited Mine Workers of America 1985 Construction Workers Pension Plan, Total assets ($M): 469.568711 · Participants: 197United Mine Workers of America 1985 Construction Workers Pension PlanEmployer - Teamsters Local Nos 175 & 505 Pension Trust Fund, Total assets ($M): 452.81905 · Participants: 1685Employer - Teamsters Local Nos 175 & 505 Pension Trust FundMaryland Electrical Industry Pension Plan, Total assets ($M): 289.43837 · Participants: 1784Maryland Electrical Industry Pension Plan
IBEW 648 Pension Plan vs. nearby Defined Benefit (Pension) plans in West Virginia, assets vs. participants
Compare IBEW 648 Pension Plan side-by-side with 3 peers →

IBEW 648 Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside West Virginia, the nearest Defined Benefit (Pension) by assets is Ch2m Hill Omi Retirement Plan in CO ($90M); by covered participants it is Gatx Corporation Noncontributory Pension Plan for Hourly Employees in IL (392 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (392 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 648 Pension Plan assets move in 2024? ▼
IBEW 648 Pension Plan grew at a solid clip - up 12.6% during 2024, from $80M to $90M. Reported net income was $10M.
How have IBEW 648 Pension Plan plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), IBEW 648 Pension Plan's sponsor-wide assets grew 27.8%, from $70M to $90M.
Where does IBEW 648 Pension Plan rank by assets among Form 5500 filers? ▼
IBEW 648 Pension Plan ranks in the 90th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to IBEW 648 Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Ch2m Hill Omi Retirement Plan in CO ($90M, 456 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to IBEW 648 Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Gatx Corporation Noncontributory Pension Plan for Hourly Employees in IL (392 participants, $74M 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 316134845.

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.