Defined Benefit (Pension) · DOL Form 5500 · 2024

Trustees of Local No. 41 Pension Plan Pension Plan

Data updated 2026-07-24

$285M
Total assets: 628
Participants: 96th
Percentile by assets: $453,832
Avg per participant

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.

96th percentile by assets (of 116,472 plans)

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.

$285M
total plan assets (2024 EOY): 628
covered participants: 96th
percentile by assets (of 116,472 plans): $453,832
avg assets per participant

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 →

State

New York

Industry

Construction

Local No. 41 IBEW Pension Plan vs the 2024 asset distribution

By assets, Local No. 41 IBEW Pension Plan outranks 96% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 2.9x the national average plan size of $100M (730 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)	$263M
Net Assets (End of Year)	$284M
Net Income	$22M
Employer EIN	160851799
Plan Effective Date	1962-05-01
Filing Status	FILING RECEIVED

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

Total plan assets by year, all Trustees of Local No. 41 Pension Plan plans on file

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

IBM Personal Pension Plan $17.9B · 48,014
1199seiu Health Care Employees Pension Fund $16.9B · 111,833
Consolidated Edison Retirement Plan $15.6B · 10,608
Pfizer Consolidated Pension Plan $10.0B · 8,876
GE Energy Pension Plan $8.9B · 5,829

Compare Local No. 41 IBEW Pension Plan side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Local No. 41 IBEW Pension Plan by total assets, not by location.

Retirement Plan for Pilots of Hawaiian Airlines, Inc. (HI) $285M · 143
Mueller Group, LLC Pension Plan for Selected Employees (GA) $285M · 371
Packaging Corporation of America Pension Plan for Eligible Grandfathered Salaried Employees (IL) $285M · 336
Fanuc Robotics America Retirement Plan (MI) $285M · 293

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 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 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).

Next read for Local No. 41 IBEW Pension Plan

Scale reading

Ways to act on Local No. 41 IBEW Pension Plan's numbers.

By total assets, Local No. 41 IBEW Pension Plan 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 New York. Compare plans
Trustees of Local No. 41 Pension Plan's sponsor-wide assets have grown 14.5% 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 160851799.

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.