Defined Benefit (Pension) · DOL Form 5500 · 2024

IBEW Local Union No. 124 Pension Trust Fund Pension Plan

Data updated 2026-08-25

$384M
Total assets Above avg plan size
2,230
Participants Above avg headcount
96th
Percentile by assets National rank
$172,281
Avg per participant Above avg balance/head
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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.

  • #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.

#8,683
in Construction (9,039 peers)
+8.8%
assets growth YoY
3.9×
vs typical plan assets (national mean)

Local Union No. 124 I. B. E. W. Pension Trust Fund's outsized position by total assets

Local Union No. 124 I. B. E. W. Pension Trust Fund vs every filed plan by assets

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

$384,186,713 Top 4% higher than 96% 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

Local Union No. 124 I. B. E. W. Pension Trust Fund'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. Local Union No. 124 I. B. E. W. Pension Trust Fund lands in the large band (2,230 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • 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 →

Plan-year Form 5500 strip

Filing strip 430817626 · IBEW Local Union No. 124 Pension Trust Fund PY 2024 · Defined Benefit (Pension)

Local Union No. 124 I. B. E. W. Pension Trust Fund · $384M · 2,230 · 96th

  • PART $384M
  • TYPE 2,230
  • NET 96th
  • BOOK Defined Benefit (Pension)
  • VS-ST near New York University Staff Pension Plan for Non-Contributory
  • BOY ind #8683

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 Missouri →

Local Union No. 124 I. B. E. W. Pension Trust Fund in the asset neighbourhood

Zimmer Biomet Holdings, Inc. Retirement Income PlanZimmer Biomet Holdings, Inc.…$386MIkon Office Solutions, Inc. Pension PlanIkon Office Solutions, Inc. …$385MLocal Union No. 124 I. B. E. W. Pension Trust FundLocal Union No. 124 I. B. E.…$384MNew York University Staff Pension Plan for Non-ContributoryNew York University Staff Pe…$384MPlumbers and Steamfitters Local 486 Pension FundPlumbers and Steamfitters Lo…$382M
End-of-year total assets ($M) among Local Union No. 124 I. B. E. W. Pension Trust Fund and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Missouri filing particulars

Total Assets (Beginning of Year)$353M
Net Assets (End of Year)$382M
Net Income$30M
Employer EIN430817626
Plan Effective Date1965-01-07
Filing StatusFILING RECEIVED

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

Sponsor-wide plan assets over time

All IBEW Local Union No. 124 Pension Trust Fund plans reported in each filing year

Latest sponsor-wide plan assets
$384M 22.1282157412515% vs 2022
2024 filing year
$300M$350M$400M 202220232024 $315M $384M ▲ +22.1%
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 Scatter plot of 6 data points. 010000200003000040000 02468 Total assets ($B) Participants Local Union No. 124 I. B. E. W. Pension Trust Fund, Total assets ($B): 0.384186713 · Participants: 2230Local Union No. 124 I. B. E. W. Pension Trust FundBoilermaker-Blacksmith National Pension Trust, Total assets ($B): 7.488413536 · Participants: 28958Boilermaker-Blacksmith National Pension TrustAmeren Retirement Plan, Total assets ($B): 4.799287759 · Participants: 9760Ameren Retirement PlanCo-Op Retirement Plan, Total assets ($B): 3.509086755 · Participants: 15151Co-Op Retirement PlanCarpenters Pension Trust Fund of St. Louis, Total assets ($B): 3.412879552 · Participants: 11832Carpenters Pension Trust Fund of St. LouisEmerson Electric Company Retirement Plan, Total assets ($B): 3.286323754 · Participants: 2467Emerson Electric Company Retirement Plan
Local Union No. 124 I. B. E. W. Pension Trust Fund vs. nearby Defined Benefit (Pension) plans in Missouri, assets vs. participants

Local Union No. 124 I. B. E. W. Pension Trust Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Missouri, the nearest Defined Benefit (Pension) by assets is New York University Staff Pension Plan for Non-Contributory in NY ($384M); by covered participants it is Electrical Construction Industry Pension Plan in WI (2,233 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,230 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 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).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Local Union No. 124 I. B. E. W. Pension Trust Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Electrical Construction Industry Pension Plan in WI (2,233 participants, $651M in assets).