Defined Benefit (Pension) · DOL Form 5500 · 2024
Local Union 903 I.B.E.W. Pension Plan Pension Plan
Data updated 2026-08-25
- $81M
- Total assets Below avg plan size
- 371
- Participants Below avg headcount
- 89th
- Percentile by assets National rank
- $218,367
- Avg per participant Above avg balance/head
Official DOL plan name: Local Union 903 I.B.E.W. Pension Plan · Sponsored by Local Union 903 I.B.E.W. Pension Plan · Alabama · Construction
$81M in assets, 371 participants
Local Union 903 I.B.E.W. Pension Plan's Local Union 903 I.B.E.W. Pension Plan reported $81M in total assets and 371 participants in its 2024 DOL Form 5500 filing, ranking in the 89th 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.
- #7,869 in Construction (9,039 peers)
Where Local Union 903 I.B.E.W. Pension Plan sits by assets
Local Union 903 I.B.E.W. Pension Plan sits in the top quartile of all filed plans by assets, $81M for 371 participants (~$218,367/participant), up 11.3% in 2024.
- #7,869
- in Construction (9,039 peers)
- +11.3%
- assets growth YoY
- 0.8×
- vs typical plan assets (national mean)
Local Union 903 I.B.E.W. Pension Plan's outsized position by total assets
Local Union 903 I.B.E.W. Pension Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$81,014,016 Top 11% higher than 89% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Local Union 903 I.B.E.W. 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. Local Union 903 I.B.E.W. Pension Plan sits mid-pack in the medium band (371 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Local Union 903 I.B.E.W. Pension Plan reported net income fell from $13M in the plan year 2023 filing to $8M in the plan year 2024 filing.
- Local Union 903 I.B.E.W. Pension Plan end-of-year assets rose from $73M in the plan year 2023 filing to $81M in the plan year 2024 filing.
- Local Union 903 I.B.E.W. Pension Plan reported participants fell from 389 in the plan year 2023 filing to 371 in the plan year 2024 filing.
EBSA filing schedule strip
Filing strip 646151461 · Local Union 903 I.B.E.W. Pension Plan PY 2024 · Defined Benefit (Pension)
Local Union 903 I.B.E.W. Pension Plan · $81M · 371 · 89th
- PART $81M
- PART 371
- PART 89th
- PART Defined Benefit (Pension)
- PART near Tata Chemicals Soda Ash Partners LLC Hourly Employees' Pension Plan
- PART ind #7869
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 Alabama →
Local Union 903 I.B.E.W. Pension Plan in the asset neighbourhood
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $73M |
|---|---|
| Net Assets (End of Year) | $81M |
| Net Income | $8M |
| Employer EIN | 646151461 |
| Plan Effective Date | 1967-12-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Local Union 903 I.B.E.W. Pension Plan)
Sponsor-wide plan assets over time
All Local Union 903 I.B.E.W. Pension Plan plans reported in each filing year
- Latest sponsor-wide plan assets
- $81M 35.70310590434861% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 380 | $60M |
| 2023 | 1 | 389 | $73M |
| 2024 | 1 | 371 | $81M |
Nearby Defined Benefit (Pension) Plans in Alabama
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- Regions Financial Corporation Retirement Plan $1.2B · 282
- Blue Cross and Blue Shield of Alabama Retirement Plan $712M · 1,955
- Regions Financial Corporation Retirement Plan for Associates $708M · 2,240
- Retail, Wholesale & Department Store International Union and Industry Pension Fund $619M · 1,556
- Vulcan Materials Company Pension Plan $471M · 740
Local Union 903 I.B.E.W. Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Alabama, the nearest Defined Benefit (Pension) by assets is Tata Chemicals Soda Ash Partners LLC Hourly Employees' Pension Plan in UT ($81M); by covered participants it is Pension Plan for Employees of St. Lukes Hospital of Duluth in MN (371 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($81M here).
- Tata Chemicals Soda Ash Partners LLC Hourly Employees' Pension Plan (UT) $81M · 267
- The Rumpke Consolidated Companies, Inc. & Affiliates Defined Benefit Pension Plan (OH) $81M · 561
- Darling Ingredients Inc. Salaried Employees' Retirement Plan (TX) $81M · 110
- Retirement Plan of Tennessee Rural Health Improvem (TN) $81M · 134
Similar participant headcount
Nearest other-state filings by covered participants (371 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.