Money Purchase · DOL Form 5500 · 2022

Bergelectric Corporation Money Purchase Plan

Data updated 2026-08-11

$102M
Total assets
2,170
Participants
93rd
Percentile by assets
$47,124
Avg per participant
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Official DOL plan name: Bergelectric Corporation Money Purchase Pension Plan · Sponsored by Bergelectric Corporation · California · Construction

$102M in assets, 2,170 participants

Bergelectric Corporation's Bergelectric Corporation Money Purchase Pension Plan reported $102M in total assets and 2,170 participants in its 2022 DOL Form 5500 filing, ranking in the 93rd 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.

  • 93rd percentile by assets (of 139,126 plans)
  • #9,096 in Construction (9,927 peers)

Coverage in California

Bergelectric Corporation Money Purchase Pension Plan covers 2,170 participants in California, 3.4x the typical California plan (state average ~630 per filing). Assets: $102M.

$102M
total plan assets (2022 EOY)
2,170
covered participants
93rd
percentile by assets (of 139,126 plans)
$47,124
avg assets per participant

The plan reported a net loss of $18M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Participants vs California filers

In California, the average filing covers about 630 participants across 15,291 plans. Bergelectric Corporation Money Purchase Pension Plan reports 2,170 participants - 3.4x that state average ($102M EOY assets).

California filing particulars

Total Assets (Beginning of Year)$120M
Net Assets (End of Year)$102M
Net Income-$18M
Employer EIN951459684
Plan Effective Date1992-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Bergelectric Corporation)

$200M$250M$300M$350M 202220232024 $227M $307M ▲ +35.3%
Total plan assets by year, all Bergelectric Corporation plans on file
Year Plans Participants Total Assets
2022 2 5,044 $227M
2023 2 4,385 $270M
2024 2 4,795 $307M

Nearby Money Purchase Plans in California

Peer Money Purchase plans, same state, same plan type, ranked by total assets.

Bergelectric Corporation Money Purchase Pension Plan vs. nearby Money Purchase plans in California, assets vs. participants

Bergelectric Corporation Money Purchase Pension Plan vs. nearby Money Purchase plans in California, assets vs. participants Scatter plot of 6 data points. 010000200003000040000 -202468 Total assets ($B) Participants Bergelectric Corpora…The Permanente Contr…Kaiser Permanente Su…University of Southe…Carpenters Annuity T…Directors Guild of A…
Bergelectric Corporation Money Purchase Pension Plan vs. nearby Money Purchase plans in California, assets vs. participants

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to Bergelectric Corporation Money Purchase Pension Plan by total assets, not by location.

Frequently Asked Questions

How did Bergelectric Corporation Money Purchase Pension Plan assets move in 2022?
Bergelectric Corporation Money Purchase Pension Plan pulled back noticeably - down 14.9% during 2022, from $120M to $102M. Reported net income was -$18M.
How have Bergelectric Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Bergelectric Corporation's sponsor-wide assets grew 35.3%, from $227M to $307M.
Where does Bergelectric Corporation Money Purchase Pension Plan rank by assets among Form 5500 filers?
Bergelectric Corporation Money Purchase Pension Plan ranks in the 93rd percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which Money Purchase plans are similar in size to Bergelectric Corporation Money Purchase Pension Plan?
Among Money Purchase plans in other states, the closest by assets is Centrastate Healthcare System Retirement Plan in NJ ($102M, 1,657 participants).

Next read for Bergelectric Corporation Money Purchase …

Filing takeaways

Ways to act on Bergelectric Corporation Money Purchase Pension Plan's numbers.

  • By total assets, Bergelectric Corporation Money Purchase Pension Plan ranks in the top 10% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Money Purchase plans in California. Compare plans
  • Bergelectric Corporation's sponsor-wide assets have grown 35.3% since 2022 across 3 plan years on file. More Construction plans