Defined Benefit (Pension) · DOL Form 5500 · 2024

Trustees of Local No. 41 Pension Plan Pension Plan

Data updated 2026-08-25

$285M
Total assets Near avg plan size
628
Participants Below avg headcount
96th
Percentile by assets National rank
$453,832
Avg per participant High balance/head
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Official DOL plan name: Local No. 41 IBEW Pension Plan · Sponsored by Trustees of Local No. 41 Pension Plan · New York · Construction

$285M in assets, 628 participants

Trustees of Local No. 41 Pension Plan's Local No. 41 IBEW Pension Plan reported $285M in total assets and 628 participants in its 2024 DOL Form 5500 filing, ranking in the 96th 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.

  • #8,588 in Construction (9,039 peers)

Where Local No. 41 IBEW Pension Plan sits by assets

Local No. 41 IBEW Pension Plan sits in the top 5% of all filed plans by assets, $285M for 628 participants (~$453,832/participant), up 8.6% in 2024.

#8,588
in Construction (9,039 peers)
+8.6%
assets growth YoY
2.9×
vs typical plan assets (national mean)

Local No. 41 IBEW Pension Plan's outsized position by total assets

Local No. 41 IBEW Pension Plan vs every filed plan by assets

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

$285,006,443 Top 4% higher than 96% 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

Local No. 41 IBEW 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. Local No. 41 IBEW Pension Plan sits mid-pack in the medium band (628 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Local No. 41 IBEW Pension Plan reported net income rose from $13M in the plan year 2023 filing to $22M in the plan year 2024 filing.
  • Local No. 41 IBEW Pension Plan end-of-year assets rose from $263M in the plan year 2023 filing to $285M in the plan year 2024 filing.
  • Local No. 41 IBEW Pension Plan reported participants rose from 594 in the plan year 2023 filing to 628 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 160851799 · Trustees of Local No. 41 Pension Plan PY 2024 · Defined Benefit (Pension)

Local No. 41 IBEW Pension Plan · $285M · 628 · 96th

  • SCH $285M
  • SCH 628
  • SCH 96th
  • SCH Defined Benefit (Pension)
  • SCH near Retirement Plan for Pilots of Hawaiian Airlines, Inc.
  • SCH ind #8588

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 York →

Local No. 41 IBEW Pension Plan in the asset neighbourhood

Local No. 41 IBEW Pension PlanLocal No. 41 IBEW Pension Pl…$285MRetirement Plan for Pilots of Hawaiian Airlines, Inc.Retirement Plan for Pilots o…$285MMueller Group, LLC Pension Plan for Selected EmployeesMueller Group, LLC Pension P…$285MPackaging Corporation of America Pension Plan for Eligible Grandfathered Salaried EmployeesPackaging Corporation of Ame…$285MFanuc Robotics America Retirement PlanFanuc Robotics America Retir…$285M
End-of-year total assets ($M) among Local No. 41 IBEW 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)$263M
Net Assets (End of Year)$284M
Net Income$22M
Employer EIN160851799
Plan Effective Date1962-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Trustees of Local No. 41 Pension Plan)

Sponsor-wide plan assets over time

All Trustees of Local No. 41 Pension Plan plans reported in each filing year

Latest sponsor-wide plan assets
$285M 14.466049317960024% vs 2022
2024 filing year
$240M$260M$280M$300M 202220232024 $249M $285M ▲ +14.5%
Year Plans Participants Total Assets
2022 1 591 $249M
2023 1 594 $263M
2024 1 628 $285M

Nearby Defined Benefit (Pension) Plans in New York

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

Local No. 41 IBEW Pension Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -505101520 Total assets ($B) Participants Local No. 41 IBEW Pension Plan, Total assets ($B): 0.285006443 · Participants: 628Local No. 41 IBEW Pension PlanIBM Personal Pension Plan, Total assets ($B): 17.919858993 · Participants: 48014IBM Personal Pension Plan1199seiu Health Care Employees Pension Fund, Total assets ($B): 16.913316696 · Participants: 1118331199seiu Health Care Employees Pension FundConsolidated Edison Retirement Plan, Total assets ($B): 15.588456377 · Participants: 10608Consolidated Edison Retirement PlanPfizer Consolidated Pension Plan, Total assets ($B): 9.970337119 · Participants: 8876Pfizer Consolidated Pension PlanGE Energy Pension Plan, Total assets ($B): 8.92290143 · Participants: 5829GE Energy Pension Plan
Local No. 41 IBEW Pension Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants

Local No. 41 IBEW Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New York, the nearest Defined Benefit (Pension) by assets is Retirement Plan for Pilots of Hawaiian Airlines, Inc. in HI ($285M); by covered participants it is Retirement Plan for Employees of United Supermarkets, L.L.C. in TX (628 participants). Same-state nearby plans are listed separately above.

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 Local No. 41 IBEW Pension Plan assets move in 2024?
Local No. 41 IBEW Pension Plan grew at a solid clip - up 8.6% during 2024, from $263M to $285M. Reported net income was $22M.
How have Trustees of Local No. 41 Pension Plan plan assets changed over time?
Across 3 plan years on file (2022-2024), Trustees of Local No. 41 Pension Plan's sponsor-wide assets grew 14.5%, from $249M to $285M.
Where does Local No. 41 IBEW Pension Plan rank by assets among Form 5500 filers?
Local No. 41 IBEW Pension Plan ranks in the 96th 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 Local No. 41 IBEW Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Retirement Plan for Pilots of Hawaiian Airlines, Inc. in HI ($285M, 143 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Local No. 41 IBEW Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Retirement Plan for Employees of United Supermarkets, L.L.C. in TX (628 participants, $3M in assets).