Money Purchase · DOL Form 5500 · 2022

Trustees of IBEW & Elec. Industry Local 697 Money Purch Plan Money Purchase Plan

Data updated 2026-08-06

$337M
Total assets
951
Participants
97th
Percentile by assets
$354,335
Avg per participant
PlainRetire home → About this data

Official DOL plan name: IBEW & Electrical Industry Loc 697, Money Purchase Plan · Sponsored by Trustees of IBEW & Elec. Industry Local 697 Money Purch Plan · Indiana · Construction

$337M in assets, 951 participants

Trustees of IBEW & Elec. Industry Local 697 Money Purch Plan's IBEW & Electrical Industry Loc 697, Money Purchase Plan reported $337M in total assets and 951 participants in its 2022 DOL Form 5500 filing, ranking in the 97th 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.

  • 97th percentile by assets (of 139,258 plans)
  • #9,612 in Construction (9,938 peers)

Where IBEW & Electrical Industry Loc 697, Money Purchase Plan sits by assets

IBEW & Electrical Industry Loc 697, Money Purchase Plan sits in the top 5% of all filed plans by assets, $337M for 951 participants (~$354,335/participant), down 14.8% in 2022.

$337M
total plan assets (2022 EOY)
951
covered participants
97th
percentile by assets (of 139,258 plans)
$354,335
avg assets per participant

The plan reported a net loss of $58M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

IBEW & Electrical Industry Loc 697, Money Purchase Plan vs the 2022 asset distribution

By assets, IBEW & Electrical Industry Loc 697, Money Purchase Plan outranks 97% of the 139,258 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 3.4x the national average plan size of $100M (730 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$395M
Net Assets (End of Year)$337M
Net Income-$58M
Employer EIN351773526
Plan Effective Date1984-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Trustees of IBEW & Elec. Industry Local 697 Money Purch Plan)

$300M$350M$400M$450M 202220232024 $337M $433M ▲ +28.4%
Total plan assets by year, all Trustees of IBEW & Elec. Industry Local 697 Money Purch Plan plans on file
Year Plans Participants Total Assets
2022 1 951 $337M
2023 1 981 $390M
2024 1 986 $433M

Nearby Money Purchase Plans in Indiana

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

IBEW & Electrical Industry Loc 697, Money Purchase Plan vs. nearby Money Purchase plans in Indiana, assets vs. participants

IBEW & Electrical Industry Loc 697, Money Purchase Plan vs. nearby Money Purchase plans in Indiana, assets vs. participants Scatter plot of 6 data points. 050010001500200025003000 0100200300400 Total assets ($M) Participants IBEW & Electrical In…Rose-Hulman Institut…Plumbers and Steamfi…IBEW Local 531 & NEC…International Brothe…Ncaa Retirement Plan
IBEW & Electrical Industry Loc 697, Money Purchase Plan vs. nearby Money Purchase plans in Indiana, assets vs. participants

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to IBEW & Electrical Industry Loc 697, Money Purchase Plan by total assets, not by location.

Frequently Asked Questions

How did IBEW & Electrical Industry Loc 697, Money Purchase Plan assets move in 2022?
IBEW & Electrical Industry Loc 697, Money Purchase Plan pulled back noticeably - down 14.8% during 2022, from $395M to $337M. Reported net income was -$58M.
How have Trustees of IBEW & Elec. Industry Local 697 Money Purch Plan plan assets changed over time?
Across 3 plan years on file (2022-2024), Trustees of IBEW & Elec. Industry Local 697 Money Purch Plan's sponsor-wide assets grew 28.4%, from $337M to $433M.
Where does IBEW & Electrical Industry Loc 697, Money Purchase Plan rank by assets among Form 5500 filers?
IBEW & Electrical Industry Loc 697, Money Purchase Plan ranks in the 97th percentile by end-of-year assets among 139,258 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which Money Purchase plans are similar in size to IBEW & Electrical Industry Loc 697, Money Purchase Plan?
Among Money Purchase plans in other states, the closest by assets is Elliott Money Purchase Pension Plan in FL ($338M, 392 participants).

Next read for IBEW & Electrical Industry Loc 697, Mone…

Scale reading

Ways to act on IBEW & Electrical Industry Loc 697, Money Purchase Plan's numbers.

  • By total assets, IBEW & Electrical Industry Loc 697, Money Purchase Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Money Purchase plans in Indiana. Compare plans
  • Trustees of IBEW & Elec. Industry Local 697 Money Purch Plan's sponsor-wide assets have grown 28.4% since 2022 across 3 plan years on file. More Construction plans