Defined Benefit (Pension) · DOL Form 5500 · 2024

I.B.E.W Local 1579 Pension Plan Board of Trustees Pension Plan

Data updated 2026-08-11

$237M
Total assets: 684
Participants: 95th
Percentile by assets: $345,932
Avg per participant

Official DOL plan name: I.B.E.W. Local 1579 Pension Plan · Sponsored by I.B.E.W Local 1579 Pension Plan Board of Trustees · Florida · Construction

$237M in assets, 684 participants

I.B.E.W Local 1579 Pension Plan Board of Trustees's I.B.E.W. Local 1579 Pension Plan reported $237M in total assets and 684 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.

95th percentile by assets (of 123,622 plans)
#8,515 in Construction (9,039 peers)

Where I.B.E.W. Local 1579 Pension Plan sits by assets

I.B.E.W. Local 1579 Pension Plan sits in the top 5% of all filed plans by assets, $237M for 684 participants (~$345,932/participant), up 9.3% in 2024.

$237M
total plan assets (2024 EOY): 684
covered participants: 95th
percentile by assets (of 123,622 plans): $345,932
avg assets per participant

I.B.E.W. Local 1579 Pension Plan reported net income fell from $35M in the plan year 2023 filing to $20M in the plan year 2024 filing.
I.B.E.W. Local 1579 Pension Plan reported participants fell from 846 in the plan year 2023 filing to 684 in the plan year 2024 filing.
I.B.E.W. Local 1579 Pension Plan end-of-year assets rose from $217M in the plan year 2023 filing to $237M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Florida

Industry

Construction

I.B.E.W. Local 1579 Pension Plan vs the 2024 asset distribution

By assets, I.B.E.W. Local 1579 Pension Plan outranks 95% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 2.4x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)	$217M
Net Assets (End of Year)	$237M
Net Income	$20M
Employer EIN	581254974
Plan Effective Date	1975-08-28
Filing Status	FILING RECEIVED

Sponsor Plan History (I.B.E.W Local 1579 Pension Plan Board of Trustees)

Total plan assets by year, all I.B.E.W Local 1579 Pension Plan Board of Trustees plans on file

Year	Plans	Participants	Total Assets
2022	1	1,018	$181M
2023	1	846	$217M
2024	1	684	$237M

Nearby Defined Benefit (Pension) Plans in Florida

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

I.B.E.W. Local 1579 Pension Plan vs. nearby Defined Benefit (Pension) plans in Florida, assets vs. participants

L3harris Technologies Consolidated Pension Plan $7.6B · 4,996
Nextera Energy, Inc. Employee Pension Plan $5.3B · 14,419
Retirement Accumulation Plan for Partners of Pwc $2.7B · 3,950
Csx Pension Plan $2.3B · 2,293
Retirement Benefit Accumulation Plan for Employees of Pwc $1.9B · 5,001

Compare I.B.E.W. Local 1579 Pension Plan side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to I.B.E.W. Local 1579 Pension Plan by total assets, not by location.

Roseburg Forest Products Co. and Western States Regional Council of Carpenters Pension Plan (OR) $237M · 603
Revlon Employees' Retirement Plan (NY) $237M · 451
Smiths Group Pension Plan (DC) $236M · 535
Ameritas Pension Plan (NE) $237M · 227

Frequently Asked Questions

How did I.B.E.W. Local 1579 Pension Plan assets move in 2024? ▼

I.B.E.W. Local 1579 Pension Plan grew at a solid clip - up 9.3% during 2024, from $217M to $237M. Reported net income was $20M.

How have I.B.E.W Local 1579 Pension Plan Board of Trustees plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), I.B.E.W Local 1579 Pension Plan Board of Trustees's sponsor-wide assets grew 30.6%, from $181M to $237M.

Where does I.B.E.W. Local 1579 Pension Plan rank by assets among Form 5500 filers? ▼

I.B.E.W. Local 1579 Pension Plan ranks in the 95th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).

Which Defined Benefit (Pension) plans are similar in size to I.B.E.W. Local 1579 Pension Plan? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is Roseburg Forest Products Co. and Western States Regional Council of Carpenters Pension Plan in OR ($237M, 603 participants).

Next read for I.B.E.W. Local 1579 Pension Plan

Scale reading

Ways to act on I.B.E.W. Local 1579 Pension Plan's numbers.

By total assets, I.B.E.W. Local 1579 Pension Plan ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Florida. Compare plans
I.B.E.W Local 1579 Pension Plan Board of Trustees's sponsor-wide assets have grown 30.6% 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 581254974.