Defined Benefit (Pension) · DOL Form 5500 · 2024

IBEW Local Union No. 124 Pension Trust Fund Pension Plan

Data updated 2026-08-11

$384M
Total assets: 2,230
Participants: 96th
Percentile by assets: $172,281
Avg per participant

Official DOL plan name: Local Union No. 124 I. B. E. W. Pension Trust Fund · Sponsored by IBEW Local Union No. 124 Pension Trust Fund · Missouri · Construction

$384M in assets, 2,230 participants

IBEW Local Union No. 124 Pension Trust Fund's Local Union No. 124 I. B. E. W. Pension Trust Fund reported $384M in total assets and 2,230 participants in its 2024 DOL Form 5500 filing, ranking in the 96th 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.

96th percentile by assets (of 123,622 plans)
#8,683 in Construction (9,039 peers)

Coverage in Missouri

Local Union No. 124 I. B. E. W. Pension Trust Fund covers 2,230 participants in Missouri, 3.0x the typical Missouri plan (state average ~737 per filing). Assets: $384M.

$384M
total plan assets (2024 EOY): 2,230
covered participants: 96th
percentile by assets (of 123,622 plans): $172,281
avg assets per participant

Local Union No. 124 I. B. E. W. Pension Trust Fund reported net income fell from $38M in the plan year 2023 filing to $30M in the plan year 2024 filing.
Local Union No. 124 I. B. E. W. Pension Trust Fund end-of-year assets rose from $353M in the plan year 2023 filing to $384M in the plan year 2024 filing.
Local Union No. 124 I. B. E. W. Pension Trust Fund reported participants rose from 2,078 in the plan year 2023 filing to 2,230 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Missouri

Industry

Construction

Participants vs Missouri filers

In Missouri, the average filing covers about 737 participants across 2,297 plans. Local Union No. 124 I. B. E. W. Pension Trust Fund reports 2,230 participants - 3.0x that state average ($384M EOY assets).

Missouri filing particulars

Total Assets (Beginning of Year)	$353M
Net Assets (End of Year)	$382M
Net Income	$30M
Employer EIN	430817626
Plan Effective Date	1965-01-07
Filing Status	FILING RECEIVED

Sponsor Plan History (IBEW Local Union No. 124 Pension Trust Fund)

Total plan assets by year, all IBEW Local Union No. 124 Pension Trust Fund plans on file

Year	Plans	Participants	Total Assets
2022	1	1,963	$315M
2023	1	2,078	$353M
2024	1	2,230	$384M

Nearby Defined Benefit (Pension) Plans in Missouri

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

Local Union No. 124 I. B. E. W. Pension Trust Fund vs. nearby Defined Benefit (Pension) plans in Missouri, assets vs. participants

Boilermaker-Blacksmith National Pension Trust $7.5B · 28,958
Ameren Retirement Plan $4.8B · 9,760
Co-Op Retirement Plan $3.5B · 15,151
Carpenters Pension Trust Fund of St. Louis $3.4B · 11,832
Emerson Electric Company Retirement Plan $3.3B · 2,467

Compare Local Union No. 124 I. B. E. W. Pension … side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Local Union No. 124 I. B. E. W. Pension Trust Fund by total assets, not by location.

New York University Staff Pension Plan for Non-Contributory (NY) $384M · 2,063
Ikon Office Solutions, Inc. Pension Plan (PA) $385M · 2,708
Zimmer Biomet Holdings, Inc. Retirement Income Plan (IN) $386M · 311
Plumbers and Steamfitters Local 486 Pension Fund (MD) $382M · 1,499

Frequently Asked Questions

How did Local Union No. 124 I. B. E. W. Pension Trust Fund assets move in 2024? ▼

Local Union No. 124 I. B. E. W. Pension Trust Fund grew at a solid clip - up 8.8% during 2024, from $353M to $384M. Reported net income was $30M.

How have IBEW Local Union No. 124 Pension Trust Fund plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), IBEW Local Union No. 124 Pension Trust Fund's sponsor-wide assets grew 22.1%, from $315M to $384M.

Where does Local Union No. 124 I. B. E. W. Pension Trust Fund rank by assets among Form 5500 filers? ▼

Local Union No. 124 I. B. E. W. Pension Trust Fund ranks in the 96th 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 Local Union No. 124 I. B. E. W. Pension Trust Fund? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is New York University Staff Pension Plan for Non-Contributory in NY ($384M, 2,063 participants).

Next read for Local Union No. 124 I. B. E. W. Pension …

Filing takeaways

Ways to act on Local Union No. 124 I. B. E. W. Pension Trust Fund's numbers.

By total assets, Local Union No. 124 I. B. E. W. Pension Trust Fund 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 Missouri. Compare plans
IBEW Local Union No. 124 Pension Trust Fund's sponsor-wide assets have grown 22.1% 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 430817626.