Defined Benefit (Pension) · DOL Form 5500 · 2024

Local Union 106 IBEW Pension Plan

Data updated 2026-08-25

$44M
Total assets Below avg plan size
153
Participants Small participant base
83rd
Percentile by assets National rank
$286,514
Avg per participant High balance/head
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Official DOL plan name: I.B.E.W. Local No. 106 Pension Plan · Sponsored by Local Union 106 IBEW · New York · Finance & Insurance

$44M in assets, 153 participants

Local Union 106 IBEW's I.B.E.W. Local No. 106 Pension Plan reported $44M in total assets and 153 participants in its 2024 DOL Form 5500 filing, ranking in the 83rd 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.

  • #6,243 in Finance & Insurance (8,549 peers)

Coverage in New York

I.B.E.W. Local No. 106 Pension Plan covers 153 participants in New York, about 19% of the average New York filer (state average ~798 per filing). Assets: $44M.

#6,243
in Finance & Insurance (8,549 peers)
+7.7%
assets growth YoY
0.4×
vs typical plan assets (national mean)

I.B.E.W. Local No. 106 Pension Plan's outsized position by total assets

I.B.E.W. Local No. 106 Pension Plan vs every filed plan by assets

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

$43,836,689 Top 17% higher than 83% 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

I.B.E.W. Local No. 106 Pension Plan 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. I.B.E.W. Local No. 106 Pension Plan sits mid-pack in the medium band (153 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • I.B.E.W. Local No. 106 Pension Plan reported net income fell from $4M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • I.B.E.W. Local No. 106 Pension Plan end-of-year assets rose from $41M in the plan year 2023 filing to $44M in the plan year 2024 filing.
  • I.B.E.W. Local No. 106 Pension Plan reported participants rose from 148 in the plan year 2023 filing to 153 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 166126150 · Local Union 106 IBEW PY 2024 · Defined Benefit (Pension)

I.B.E.W. Local No. 106 Pension Plan · $44M · 153 · 83rd

  • RANK $44M
  • PHOTO 153
  • IND 83rd
  • EOY Defined Benefit (Pension)
  • 5500 near Dupont Community Credit Union Defined Benefit Plan
  • ASSETS ind #6243

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 Finance & Insurance retirement plans → · Plans in New York →

I.B.E.W. Local No. 106 Pension Plan in the asset neighbourhood

Pension Equity Plan of Doylestown HospitalPension Equity Plan of Doyle…$44MI.B.E.W. Local No. 106 Pension PlanI.B.E.W. Local No. 106 Pensi…$44MDupont Community Credit Union Defined Benefit PlanDupont Community Credit Unio…$44MEco Services Hourly Pension PlanEco Services Hourly Pension …$44MMidwest Express Retirement Pension PlanMidwest Express Retirement P…$44M
End-of-year total assets ($M) among I.B.E.W. Local No. 106 Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

New York filing particulars

Total Assets (Beginning of Year)$41M
Net Assets (End of Year)$44M
Net Income$3M
Employer EIN166126150
Plan Effective Date1976-07-17
Filing StatusFILING RECEIVED

Sponsor Plan History (Local Union 106 IBEW)

Sponsor-wide plan assets over time

All Local Union 106 IBEW plans reported in each filing year

Latest sponsor-wide plan assets
$78M 29.7973296280841% vs 2022
2024 filing year
$50M$60M$70M$80M 202220232024 $60.1M $78M ▲ +29.8%
Year Plans Participants Total Assets
2022 2 294 $60M
2023 2 312 $70M
2024 2 318 $78M

Nearby Defined Benefit (Pension) Plans in New York

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

I.B.E.W. Local No. 106 Pension Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -505101520 Total assets ($B) Participants I.B.E.W. Local No. 106 Pension Plan, Total assets ($B): 0.043836689 · Participants: 153I.B.E.W. Local No. 106 Pension PlanIBM Personal Pension Plan, Total assets ($B): 17.919858993 · Participants: 48014IBM Personal Pension Plan1199seiu Health Care Employees Pension Fund, Total assets ($B): 16.913316696 · Participants: 1118331199seiu Health Care Employees Pension FundConsolidated Edison Retirement Plan, Total assets ($B): 15.588456377 · Participants: 10608Consolidated Edison Retirement PlanPfizer Consolidated Pension Plan, Total assets ($B): 9.970337119 · Participants: 8876Pfizer Consolidated Pension PlanGE Energy Pension Plan, Total assets ($B): 8.92290143 · Participants: 5829GE Energy Pension Plan
I.B.E.W. Local No. 106 Pension Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants
Compare I.B.E.W. Local No. 106 Pension Plan side-by-side with 3 peers →

I.B.E.W. Local No. 106 Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New York, the nearest Defined Benefit (Pension) by assets is Dupont Community Credit Union Defined Benefit Plan in VA ($44M); by covered participants it is IBEW Local Union No 607 Pension in NJ (153 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (153 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 I.B.E.W. Local No. 106 Pension Plan assets move in 2024? ▼
I.B.E.W. Local No. 106 Pension Plan grew at a solid clip - up 7.7% during 2024, from $41M to $44M. Reported net income was $3M.
How have Local Union 106 IBEW plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Local Union 106 IBEW's sponsor-wide assets grew 29.8%, from $60M to $78M.
Where does I.B.E.W. Local No. 106 Pension Plan rank by assets among Form 5500 filers? ▼
I.B.E.W. Local No. 106 Pension Plan ranks in the 83rd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to I.B.E.W. Local No. 106 Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Dupont Community Credit Union Defined Benefit Plan in VA ($44M, 289 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to I.B.E.W. Local No. 106 Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is IBEW Local Union No 607 Pension in NJ (153 participants, $23M in assets).

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 166126150.

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.