401(k) · DOL Form 5500 · 2024

Trustees of IBEW Local Union No. 126 Retirement Plan 401(k) Plan

Data updated 2026-08-11

$1.1B
Total assets: 6,177
Participants: 99th
Percentile by assets: $170,291
Avg per participant

Official DOL plan name: IBEW Local Union No. 126 Retirement Plan · Sponsored by Trustees of IBEW Local Union No. 126 Retirement Plan · Pennsylvania · Construction

$1.1B in assets, 6,177 participants

Trustees of IBEW Local Union No. 126 Retirement Plan's IBEW Local Union No. 126 Retirement Plan reported $1.1B in total assets and 6,177 participants in its 2024 DOL Form 5500 filing, ranking in the 99th 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.

99th percentile by assets (of 123,622 plans)
#8,912 in Construction (9,039 peers)

Coverage in Pennsylvania

IBEW Local Union No. 126 Retirement Plan covers 6,177 participants in Pennsylvania, 7.5x the typical Pennsylvania plan (state average ~822 per filing). Assets: $1.1B.

$1.1B
total plan assets (2024 EOY): 6,177
covered participants: 99th
percentile by assets (of 123,622 plans): $170,291
avg assets per participant

IBEW Local Union No. 126 Retirement Plan reported participants rose from 3,465 in the plan year 2023 filing to 6,177 in the plan year 2024 filing.
IBEW Local Union No. 126 Retirement Plan end-of-year assets rose from $877M in the plan year 2023 filing to $1.1B in the plan year 2024 filing.
IBEW Local Union No. 126 Retirement Plan reported net income rose from $146M in the plan year 2023 filing to $165M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Pennsylvania

Industry

Construction

Participants vs Pennsylvania filers

In Pennsylvania, the average filing covers about 822 participants across 5,751 plans. IBEW Local Union No. 126 Retirement Plan reports 6,177 participants - 7.5x that state average ($1.1B EOY assets).

Pennsylvania filing particulars

Total Assets (Beginning of Year)	$877M
Net Assets (End of Year)	$1.0B
Net Income	$165M
Employer EIN	232156093
Plan Effective Date	1980-07-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Trustees of IBEW Local Union No. 126 Retirement Plan)

Total plan assets by year, all Trustees of IBEW Local Union No. 126 Retirement Plan plans on file

Year	Plans	Participants	Total Assets
2022	1	3,292	$730M
2023	1	3,465	$877M
2024	1	6,177	$1.1B

Nearby 401(k) Plans in Pennsylvania

Peer 401(k) plans, same state, same plan type, ranked by total assets.

IBEW Local Union No. 126 Retirement Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

Comcast Corporation Retirement - Investment Plan $19.7B · 90,495
The Cigna Group 401(k) Plan $14.2B · 63,634
The Vanguard Retirement and Savings Plan $11.1B · 18,066
Thermo Fisher Scientific Inc. 401(k) Retirement Plan $10.3B · 36,150
The PNC Financial Services Group, Inc. Incentive Savings Plan $10.2B · 54,604

Compare IBEW Local Union No. 126 Retirement Plan side-by-side with 3 peers →

Scale composition for IBEW Local Union No. 126 Retirement Plan

IBEW Local Union No. 126 Retirement Plan reports $1.1B in end-of-year assets across 6,177 participants (0.009% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.007% of 93,925,755 covered participants) - about $170,291 per participant (1.2x the national average assets-per-participant) . Net income for plan year 2024 was $165M.

This plan identity (EIN 232156093, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $730M to $1.1B (+44.1%) while covered participants moved from 3,292 to 6,177 . Single-year sparse filers cannot show that trail.

Plan year	Participants	EOY assets	Filing
2022	3,292	$730M	Open filing
2023	3,465	$877M	Open filing
2024 · index core	6,177	$1.1B	This page

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to IBEW Local Union No. 126 Retirement Plan by total assets, not by location.

Dpr Construction Retirement Savings Plan (CA) $1.1B · 7,600
Biomerieux, Inc. Employee Savings Plan (NC) $1.1B · 5,975
Radiology Partners, Inc. Partner Plan (TX) $1.0B · 1,655
Savings and Investment 401(k) Plan of White & Case LLP (NY) $1.1B · 2,143

Frequently Asked Questions

How did IBEW Local Union No. 126 Retirement Plan assets move in 2024? ▼

IBEW Local Union No. 126 Retirement Plan grew sharply - up 20.0% during 2024, from $877M to $1.1B. Reported net income was $165M.

How have Trustees of IBEW Local Union No. 126 Retirement Plan plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Trustees of IBEW Local Union No. 126 Retirement Plan's sponsor-wide assets grew 44.1%, from $730M to $1.1B.

Where does IBEW Local Union No. 126 Retirement Plan rank by assets among Form 5500 filers? ▼

IBEW Local Union No. 126 Retirement Plan ranks in the 99th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).

Which 401(k) plans are similar in size to IBEW Local Union No. 126 Retirement Plan? ▼

Among 401(k) plans in other states, the closest by assets is Dpr Construction Retirement Savings Plan in CA ($1.1B, 7,600 participants).

Next read for IBEW Local Union No. 126 Retirement Plan

Filing takeaways

Ways to act on IBEW Local Union No. 126 Retirement Plan's numbers.

By total assets, IBEW Local Union No. 126 Retirement Plan ranks among the largest 1% of all filed plans. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in Pennsylvania. Compare plans
Trustees of IBEW Local Union No. 126 Retirement Plan's sponsor-wide assets have grown 44.1% 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 232156093.