Defined Benefit (Pension) · DOL Form 5500 · 2024

Board of Trustees-Pension Fund Local 96-IBEW Pension Plan

Data updated 2026-08-25

$69M
Total assets Below avg plan size
292
Participants Below avg headcount
87th
Percentile by assets National rank
$235,573
Avg per participant Above avg balance/head
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Official DOL plan name: Pension Fund Local 96-IBEW · Sponsored by Board of Trustees-Pension Fund Local 96-IBEW · Maryland · Construction

$69M in assets, 292 participants

Board of Trustees-Pension Fund Local 96-IBEW's Pension Fund Local 96-IBEW reported $69M in total assets and 292 participants in its 2024 DOL Form 5500 filing, ranking in the 87th 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.

  • #7,729 in Construction (9,039 peers)

Coverage in Maryland

Pension Fund Local 96-IBEW covers 292 participants in Maryland, about 31% of the average Maryland filer (state average ~929 per filing). Assets: $69M.

#7,729
in Construction (9,039 peers)
+10.7%
assets growth YoY
0.7×
vs typical plan assets (national mean)

Pension Fund Local 96-IBEW's outsized position by total assets

Pension Fund Local 96-IBEW vs every filed plan by assets

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

$68,787,236 Top 13% higher than 87% 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

Pension Fund Local 96-IBEW 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. Pension Fund Local 96-IBEW sits mid-pack in the medium band (292 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Pension Fund Local 96-IBEW reported net income rose from $3M in the plan year 2023 filing to $7M in the plan year 2024 filing.
  • Pension Fund Local 96-IBEW end-of-year assets rose from $62M in the plan year 2023 filing to $69M in the plan year 2024 filing.
  • Pension Fund Local 96-IBEW reported participants rose from 274 in the plan year 2023 filing to 292 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 046295080 · Board of Trustees-Pension Fund Local 96-IBEW PY 2024 · Defined Benefit (Pension)

Pension Fund Local 96-IBEW · $69M · 292 · 87th

  • ASSETS $69M
  • PCT 292
  • EIN 87th
  • RANK Defined Benefit (Pension)
  • PHOTO near Swisher International, Inc. Retirement Income Plan for Wage Employees
  • IND ind #7729

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 Maryland →

Pension Fund Local 96-IBEW in the asset neighbourhood

Major League Baseball Pension Plan for Non-Uniformed PersonnelMajor League Baseball Pensio…$69MU.S. Silica Company Retirement PlanU.S. Silica Company Retireme…$69MPension Fund Local 96-IBEW$69MSwisher International, Inc. Retirement Income Plan for Wage EmployeesSwisher International, Inc. …$69MSpencer Savings Bank, Sla Employees' Pension PlanSpencer Savings Bank, Sla Em…$69M
End-of-year total assets ($M) among Pension Fund Local 96-IBEW and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Maryland filing particulars

Total Assets (Beginning of Year)$62M
Net Assets (End of Year)$69M
Net Income$7M
Employer EIN046295080
Plan Effective Date1965-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees-Pension Fund Local 96-IBEW)

Sponsor-wide plan assets over time

All Board of Trustees-Pension Fund Local 96-IBEW plans reported in each filing year

Latest sponsor-wide plan assets
$178M 14.647529825658667% vs 2022
2024 filing year
$150M$160M$170M$180M$190M 202220232024 $155M $178M ▲ +14.6%
Year Plans Participants Total Assets
2022 2 942 $155M
2023 2 968 $165M
2024 2 1,022 $178M

Nearby Defined Benefit (Pension) Plans in Maryland

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

Pension Fund Local 96-IBEW vs. nearby Defined Benefit (Pension) plans in Maryland, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -50510152025 Total assets ($B) Participants Pension Fund Local 96-IBEW, Total assets ($B): 0.068787236 · Participants: 292Pension Fund Local 96-IBEWNational Electrical Benefit Fund, Total assets ($B): 20.376060206 · Participants: 332362National Electrical Benefit FundLockheed Martin Corporation Salaried Employee Retirement Program, Total assets ($B): 18.271295253 · Participants: 18014Lockheed Martin Corporation Salaried Employee Retirement ProgramBakery & Confectionery Union & Industry International Pension Fund, Total assets ($B): 6.575836095 · Participants: 14954Bakery & Confectionery Union & Industry International Pension FundNational Automatic Sprinkler Industry Pension Fund, Total assets ($B): 4.765198925 · Participants: 15964National Automatic Sprinkler Industry Pension FundMajor League Baseball Players Pension Plan, Total assets ($B): 4.76226641 · Participants: 1091Major League Baseball Players Pension Plan
Pension Fund Local 96-IBEW vs. nearby Defined Benefit (Pension) plans in Maryland, assets vs. participants
Compare Pension Fund Local 96-IBEW side-by-side with 3 peers →

Pension Fund Local 96-IBEW's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Maryland, the nearest Defined Benefit (Pension) by assets is Swisher International, Inc. Retirement Income Plan for Wage Employees in FL ($69M); by covered participants it is Allete and Affiliated Companies Retirement Plan B in MN (292 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (292 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 Pension Fund Local 96-IBEW assets move in 2024? ▼
Pension Fund Local 96-IBEW grew at a solid clip - up 10.7% during 2024, from $62M to $69M. Reported net income was $7M.
How have Board of Trustees-Pension Fund Local 96-IBEW plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees-Pension Fund Local 96-IBEW's sponsor-wide assets grew 14.6%, from $155M to $178M.
Where does Pension Fund Local 96-IBEW rank by assets among Form 5500 filers? ▼
Pension Fund Local 96-IBEW ranks in the 87th 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 Pension Fund Local 96-IBEW? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Swisher International, Inc. Retirement Income Plan for Wage Employees in FL ($69M, 138 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Pension Fund Local 96-IBEW? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Allete and Affiliated Companies Retirement Plan B in MN (292 participants, $188M 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 046295080.

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.