Defined Benefit (Pension) · DOL Form 5500 · 2024
IBEW Local 43 & Electrical Contractors Pension Fund Pension Plan
Data updated 2026-08-25
- $271M
- Total assets Near avg plan size
- 893
- Participants Near avg headcount
- 95th
- Percentile by assets National rank
- $303,974
- Avg per participant High balance/head
Official DOL plan name: IBEW Local 43 & Electrical Contractors Pension Fund · Sponsored by IBEW Local 43 & Electrical Contractors Pension Fund · New York · Construction
$271M in assets, 893 participants
IBEW Local 43 & Electrical Contractors Pension Fund's IBEW Local 43 & Electrical Contractors Pension Fund reported $271M in total assets and 893 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.
- #8,564 in Construction (9,039 peers)
Where IBEW Local 43 & Electrical Contractors Pension Fund sits by assets
IBEW Local 43 & Electrical Contractors Pension Fund sits in the top 5% of all filed plans by assets, $271M for 893 participants (~$303,974/participant), up 10.5% in 2024.
- #8,564
- in Construction (9,039 peers)
- +10.5%
- assets growth YoY
- 2.7×
- vs typical plan assets (national mean)
IBEW Local 43 & Electrical Contractors Pension Fund's outsized position by total assets
IBEW Local 43 & Electrical Contractors Pension Fund vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$271,448,657 Top 5% higher than 95% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
IBEW Local 43 & Electrical Contractors Pension Fund 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 Local 43 & Electrical Contractors Pension Fund sits mid-pack in the medium band (893 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- IBEW Local 43 & Electrical Contractors Pension Fund reported net income rose from $21M in the plan year 2023 filing to $26M in the plan year 2024 filing.
- IBEW Local 43 & Electrical Contractors Pension Fund end-of-year assets rose from $246M in the plan year 2023 filing to $271M in the plan year 2024 filing.
- IBEW Local 43 & Electrical Contractors Pension Fund reported participants rose from 860 in the plan year 2023 filing to 893 in the plan year 2024 filing.
Form 5500 schedule snapshot
Filing strip 166153389 · IBEW Local 43 & Electrical Contractors Pension Fund PY 2024 · Defined Benefit (Pension)
IBEW Local 43 & Electrical Contractors Pension Fund · $271M · 893 · 95th
- IND $271M
- IND 893
- IND 95th
- IND Defined Benefit (Pension)
- IND near Pension Plan for Plant Employees of Green Bay Pack
- IND ind #8564
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 →
IBEW Local 43 & Electrical Contractors Pension Fund in the asset neighbourhood
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $246M |
|---|---|
| Net Assets (End of Year) | $271M |
| Net Income | $26M |
| Employer EIN | 166153389 |
| Plan Effective Date | 1962-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (IBEW Local 43 & Electrical Contractors Pension Fund)
Sponsor-wide plan assets over time
All IBEW Local 43 & Electrical Contractors Pension Fund plans reported in each filing year
- Latest sponsor-wide plan assets
- $271M 20.87157013088913% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 848 | $225M |
| 2023 | 1 | 860 | $246M |
| 2024 | 1 | 893 | $271M |
Nearby Defined Benefit (Pension) Plans in New York
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- 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
IBEW Local 43 & Electrical Contractors Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside New York, the nearest Defined Benefit (Pension) by assets is Pension Plan for Plant Employees of Green Bay Pack in WI ($271M); by covered participants it is Donaldson Company, Inc. Salaried Employees Pension Plan in MN (893 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($271M here).
- Pension Plan for Plant Employees of Green Bay Pack (WI) $271M · 1,814
- Pension Plan of Newmont (CO) $271M · 837
- Black Hills Retirement Plan (SD) $272M · 692
- Lynden Pension Equity Plan (WA) $271M · 352
Similar participant headcount
Nearest other-state filings by covered participants (893 participants); asset peers above are excluded.
- Donaldson Company, Inc. Salaried Employees Pension Plan (MN) 893 · 0 off
- Lockheed Martin Corporation Pension Plan for Employees in Participating Bargaining Units (MD) 894 · 1 off
- I.U.O.E. Local 57 Pension Plan (RI) 894 · 1 off
- Retirement Allowance Plan of the University of Pennsylvania (PA) 894 · 1 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.