401(k) · DOL Form 5500 · 2022

IBEW Local 1245 401(k) Plan

Data updated 2026-08-25

$48M
Total assets Below avg plan size
78
Participants Small participant base
88th
Percentile by assets National rank
$616,457
Avg per participant High balance/head
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Official DOL plan name: IBEW Local Union 1245 Pension Plan · Sponsored by IBEW Local 1245 · California · Construction

$48M in assets, 78 participants

IBEW Local 1245's IBEW Local Union 1245 Pension Plan reported $48M in total assets and 78 participants in its 2022 DOL Form 5500 filing, ranking in the 88th 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.

  • #8,540 in Construction (9,927 peers)

Where IBEW Local Union 1245 Pension Plan sits by assets

IBEW Local Union 1245 Pension Plan sits in the top quartile of all filed plans by assets, $48M for 78 participants (~$616,457/participant), down 15.6% in 2022.

#8,540
in Construction (9,927 peers)
-15.6%
assets change YoY
0.5×
vs typical plan assets (national mean)

The plan reported a net loss of $9M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

IBEW Local Union 1245 Pension Plan's outsized position by total assets

IBEW Local Union 1245 Pension Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$48,083,684 Top 12% higher than 88% of 139,123 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 2022

IBEW Local Union 1245 Pension Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. IBEW Local Union 1245 Pension Plan is a small filing (78 participants) on this national headcount ladder.

EBSA filing schedule strip

Filing strip 686012285 · IBEW Local 1245 PY 2022 · 401(k)

IBEW Local Union 1245 Pension Plan · $48M · 78 · 88th

  • EIN $48M
  • EIN 78
  • EIN 88th
  • EIN 401(k)
  • EIN near Tops Markets, LLC 401(k) Savings Plan for Union Associates
  • EIN ind #8540

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 California →

IBEW Local Union 1245 Pension Plan in the asset neighbourhood

Griffin Communications, L.L.C. 401(k) PlanGriffin Communications, L.L.…$48MIBEW Local Union 1245 Pension PlanIBEW Local Union 1245 Pensio…$48MTops Markets, LLC 401(k) Savings Plan for Union AssociatesTops Markets, LLC 401(k) Sav…$48MLearjet Inc. Tax-Deferred Savings Plan for Represented EmployeesLearjet Inc. Tax-Deferred Sa…$48MBskb - 401(k) Profit Sharing PlanBskb - 401(k) Profit Sharing…$48M
End-of-year total assets ($M) among IBEW Local Union 1245 Pension Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$57M
Net Assets (End of Year)$48M
Net Income-$9M
Employer EIN686012285
Plan Effective Date1984-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (IBEW Local 1245)

Sponsor-wide plan assets over time

All IBEW Local 1245 plans reported in each filing year

Latest sponsor-wide plan assets
$61M 27.606549448249428% vs 2022
2024 filing year
$45M$50M$55M$60M$65M 202220232024 $48.1M $61.4M ▲ +27.6%
Year Plans Participants Total Assets
2022 1 78 $48M
2023 1 79 $54M
2024 1 82 $61M

Nearby 401(k) Plans in California

Peer 401(k) plans, same state, same plan type, ranked by total assets.

IBEW Local Union 1245 Pension Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants IBEW Local Union 1245 Pension Plan, Total assets ($B): 0.048083684 · Participants: 78IBEW Local Union 1245 Pension PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 45.765616608 · Participants: 205865Wells Fargo & Company 401(k) PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 28.89820221 · Participants: 102963Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 21.851716605 · Participants: 46320Oracle Corporation 401(k) Savings and Investment PlanChevron Employee Savings Investment Plan, Total assets ($B): 18.60989746 · Participants: 19946Chevron Employee Savings Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 18.361585903 · Participants: 54672Intel 401(k) Savings Plan
IBEW Local Union 1245 Pension Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare IBEW Local Union 1245 Pension Plan side-by-side with 3 peers →

IBEW Local Union 1245 Pension Plan's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is Tops Markets, LLC 401(k) Savings Plan for Union Associates in NY ($48M); by covered participants it is Scout Media Holdings, Inc. Retirement Savings Plan in NY (78 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (78 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did IBEW Local Union 1245 Pension Plan assets move in 2022? ▼
IBEW Local Union 1245 Pension Plan declined sharply - down 15.6% during 2022, from $57M to $48M. Reported net income was -$9M.
How have IBEW Local 1245 plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), IBEW Local 1245's sponsor-wide assets grew 27.6%, from $48M to $61M.
Where does IBEW Local Union 1245 Pension Plan rank by assets among Form 5500 filers? ▼
IBEW Local Union 1245 Pension Plan ranks in the 88th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to IBEW Local Union 1245 Pension Plan? ▼
Among 401(k) plans in other states, the closest by assets is Tops Markets, LLC 401(k) Savings Plan for Union Associates in NY ($48M, 847 participants).
Which 401(k) plans cover a similar participant headcount to IBEW Local Union 1245 Pension Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Scout Media Holdings, Inc. Retirement Savings Plan in NY (78 participants, $6M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 686012285.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.