401(k) · DOL Form 5500 · 2024

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

Data updated 2026-08-25

$1.1B
Total assets Very large vs avg
6,177
Participants Above avg headcount
99th
Percentile by assets National rank
$170,291
Avg per participant Above avg balance/head
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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.

  • #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.

#8,912
in Construction (9,039 peers)
+20.0%
assets growth YoY
11×
vs typical plan assets (national mean)

IBEW Local Union No. 126 Retirement Plan's outsized position by total assets

IBEW Local Union No. 126 Retirement Plan vs every filed plan by assets

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

$1,051,884,736 Top 1% higher than 99% 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

IBEW Local Union No. 126 Retirement Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. IBEW Local Union No. 126 Retirement Plan lands in the large band (6,177 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • 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 →

Plan-year Form 5500 strip

Filing strip 232156093 · Trustees of IBEW Local Union No. 126 Retirement Plan PY 2024 · 401(k)

IBEW Local Union No. 126 Retirement Plan · $1.1B · 6,177 · 99th

  • VS-ST $1.1B
  • BOY 6,177
  • SCH 99th
  • EBSA 401(k)
  • PART near Dpr Construction Retirement Savings Plan
  • TYPE ind #8912

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 Pennsylvania →

IBEW Local Union No. 126 Retirement Plan in the asset neighbourhood

IBEW Local Union No. 126 Retirement PlanIBEW Local Union No. 126 Ret…$1.1BDpr Construction Retirement Savings PlanDpr Construction Retirement …$1.1BBiomerieux, Inc. Employee Savings PlanBiomerieux, Inc. Employee Sa…$1.1BRadiology Partners, Inc. Partner PlanRadiology Partners, Inc. Par…$1.0BSavings and Investment 401(k) Plan of White & Case LLPSavings and Investment 401(k…$1.1B
End-of-year total assets ($B) among IBEW Local Union No. 126 Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$877M
Net Assets (End of Year)$1.0B
Net Income$165M
Employer EIN232156093
Plan Effective Date1980-07-01
Filing StatusFILING RECEIVED

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

Sponsor-wide plan assets over time

All Trustees of IBEW Local Union No. 126 Retirement Plan plans reported in each filing year

Latest sponsor-wide plan assets
$1.1B 44.079725428683744% vs 2022
2024 filing year
$0.6B$0.7B$0.8B$0.9B$1B$1.1B 202220232024 $0.73B $1.05B ▲ +43.8%
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 Scatter plot of 6 data points. 020000400006000080000100000 0510152025 Total assets ($B) Participants IBEW Local Union No. 126 Retirement Plan, Total assets ($B): 1.051884736 · Participants: 6177IBEW Local Union No. 126 Retirement PlanComcast Corporation Retirement - Investment Plan, Total assets ($B): 19.687957793 · Participants: 90495Comcast Corporation Retirement - Investment PlanThe Cigna Group 401(k) Plan, Total assets ($B): 14.20308608 · Participants: 63634The Cigna Group 401(k) PlanThe Vanguard Retirement and Savings Plan, Total assets ($B): 11.084818612 · Participants: 18066The Vanguard Retirement and Savings PlanThermo Fisher Scientific Inc. 401(k) Retirement Plan, Total assets ($B): 10.263366209 · Participants: 36150Thermo Fisher Scientific Inc. 401(k) Retirement PlanThe PNC Financial Services Group, Inc. Incentive Savings Plan, Total assets ($B): 10.189629 · Participants: 54604The PNC Financial Services Group, Inc. Incentive Savings Plan
IBEW Local Union No. 126 Retirement Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

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

IBEW Local Union No. 126 Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Pennsylvania, the nearest 401(k) by assets is Dpr Construction Retirement Savings Plan in CA ($1.1B); by covered participants it is Sas Retirement Plan in NC (6,175 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1.1B here).

Similar participant headcount

Nearest other-state filings by covered participants (6,177 participants); asset peers above are excluded.

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 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).
Which 401(k) plans cover a similar participant headcount to IBEW Local Union No. 126 Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Sas Retirement Plan in NC (6,175 participants, $3.7B in assets).