Money Purchase · DOL Form 5500 · 2024

Board of Trustees IBEW Local Union # 756 Pension Fund Money Purchase Plan

Data updated 2026-08-06

$37M
Total assets: 302
Participants: 80th
Percentile by assets: $123,374
Avg per participant

Official DOL plan name: International Brotherhood of Electrical Workers Local Union #756 Pension Fund · Sponsored by Board of Trustees IBEW Local Union # 756 Pension Fund · Florida · Finance & Insurance

$37M in assets, 302 participants

Board of Trustees IBEW Local Union # 756 Pension Fund's International Brotherhood of Electrical Workers Local Union #756 Pension Fund reported $37M in total assets and 302 participants in its 2024 DOL Form 5500 filing, ranking in the 80th 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.

80th percentile by assets (of 116,472 plans)
#5,754 in Finance & Insurance (8,240 peers)

Coverage in Florida

International Brotherhood of Electrical Workers Local Union #756 Pension Fund covers 302 participants in Florida, about 48% of the average Florida filer (state average ~631 per filing). Assets: $37M.

$37M
total plan assets (2024 EOY): 302
covered participants: 80th
percentile by assets (of 116,472 plans): $123,374
avg assets per participant

International Brotherhood of Electrical Workers Local Union #756 Pension Fund reported net income rose from $2M in the plan year 2023 filing to $3M in the plan year 2024 filing.
International Brotherhood of Electrical Workers Local Union #756 Pension Fund reported participants fell from 349 in the plan year 2023 filing to 302 in the plan year 2024 filing.
International Brotherhood of Electrical Workers Local Union #756 Pension Fund end-of-year assets rose from $34M in the plan year 2023 filing to $37M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Florida

Industry

Finance & Insurance

Participants vs Florida filers

In Florida, the average filing covers about 631 participants across 6,304 plans. International Brotherhood of Electrical Workers Local Union #756 Pension Fund reports 302 participants - about 48% of that state average ($37M EOY assets).

Florida filing particulars

Total Assets (Beginning of Year)	$34M
Net Assets (End of Year)	$37M
Net Income	$3M
Employer EIN	596556447
Plan Effective Date	1974-08-11
Filing Status	FILING RECEIVED

Sponsor Plan History (Board of Trustees IBEW Local Union # 756 Pension Fund)

Total plan assets by year, all Board of Trustees IBEW Local Union # 756 Pension Fund plans on file

Year	Plans	Participants	Total Assets
2022	1	520	$32M
2023	1	349	$34M
2024	1	302	$37M

Nearby Money Purchase Plans in Florida

Peer Money Purchase plans, same state, same plan type, ranked by total assets.

International Brotherhood of Electrical Workers Local Union #756 Pension Fund vs. nearby Money Purchase plans in Florida, assets vs. participants

Elliott Money Purchase Pension Plan $457M · 494
Southern States Savings & Retirement Plan Trust $193M · 13,122
Carolina Electrical Workers Retirement Fund $154M · 6,154
NECA-IBEW 177 Pension Fund $144M · 1,412
Lifelink Foundation, Inc. Retirement Plan $99M · 471

Compare International Brotherhood of Electrical … side-by-side with 3 peers →

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to International Brotherhood of Electrical Workers Local Union #756 Pension Fund by total assets, not by location.

Carpenters Local Union No 491 Annuity Plan (MD) $37M · 1,064
Money Purchase Retirement Plan of U.a. Local 716 (CT) $37M · 340
United Union of Roofers, Waterproofers & Allied Workers, Local 154 Annuity Fund (NY) $37M · 181
Resources for the Future, Inc. 401(a) Retirement (DC) $38M · 65

Frequently Asked Questions

How did International Brotherhood of Electrical Workers Local Union #756 Pension Fund assets move in 2024? ▼

International Brotherhood of Electrical Workers Local Union #756 Pension Fund grew at a solid clip - up 9.8% during 2024, from $34M to $37M. Reported net income was $3M.

How have Board of Trustees IBEW Local Union # 756 Pension Fund plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Board of Trustees IBEW Local Union # 756 Pension Fund's sponsor-wide assets grew 16.6%, from $32M to $37M.

Where does International Brotherhood of Electrical Workers Local Union #756 Pension Fund rank by assets among Form 5500 filers? ▼

International Brotherhood of Electrical Workers Local Union #756 Pension Fund ranks in the 80th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).

Which Money Purchase plans are similar in size to International Brotherhood of Electrical Workers Local Union #756 Pension Fund? ▼

Among Money Purchase plans in other states, the closest by assets is Carpenters Local Union No 491 Annuity Plan in MD ($37M, 1,064 participants).

Next read for International Brotherhood of Electrical …

Filing takeaways

Ways to act on International Brotherhood of Electrical Workers Local Union #756 Pension Fund's numbers.

By total assets, International Brotherhood of Electrical Workers Local Union #756 Pension Fund ranks in the top quartile of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Money Purchase plans in Florida. Compare plans
Board of Trustees IBEW Local Union # 756 Pension Fund's sponsor-wide assets have grown 16.6% since 2022 across 3 plan years on file. More Finance & Insurance 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 596556447.