Money Purchase · DOL Form 5500 · 2022
Local Union 306 IBEW Pension Annuity Fund Trustees Money Purchase Plan
Data updated 2026-08-06
- $232M
- Total assets
- 1,135
- Participants
- 96th
- Percentile by assets
- $204,199
- Avg per participant
Official DOL plan name: Local Union No 306 IBEW Pension Annuity Plan · Sponsored by Local Union 306 IBEW Pension Annuity Fund Trustees · Ohio · Construction
$232M in assets, 1,135 participants
Local Union 306 IBEW Pension Annuity Fund Trustees's Local Union No 306 IBEW Pension Annuity Plan reported $232M in total assets and 1,135 participants in its 2022 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.
- 96th percentile by assets (of 139,258 plans)
- #9,479 in Construction (9,938 peers)
Where Local Union No 306 IBEW Pension Annuity Plan sits by assets
Local Union No 306 IBEW Pension Annuity Plan sits in the top 5% of all filed plans by assets, $232M for 1,135 participants (~$204,199/participant), down 13.5% in 2022.
- $232M
- total plan assets (2022 EOY)
- 1,135
- covered participants
- 96th
- percentile by assets (of 139,258 plans)
- $204,199
- avg assets per participant
The plan reported a net loss of $36M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Local Union No 306 IBEW Pension Annuity Plan vs the 2022 asset distribution
By assets, Local Union No 306 IBEW Pension Annuity Plan outranks 96% of the 139,258 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 2.3x the national average plan size of $100M (730 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $268M |
|---|---|
| Net Assets (End of Year) | $232M |
| Net Income | -$36M |
| Employer EIN | 346689590 |
| Plan Effective Date | 1971-11-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Local Union 306 IBEW Pension Annuity Fund Trustees)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 1,135 | $232M |
| 2023 | 1 | 1,121 | $263M |
| 2024 | 1 | 1,151 | $302M |
Nearby Money Purchase Plans in Ohio
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
Local Union No 306 IBEW Pension Annuity Plan vs. nearby Money Purchase plans in Ohio, assets vs. participants
- The Sherwin-Williams Company Salaried Employees' Revised Pension Investment Plan $1.3B · 44,824
- The Cleveland Clinic Foundation Cash Balance Plan $1.2B · 4,506
- Iron Workers District Council of So Oh & Vicinity Annuity Trust $441M · 6,972
- Baker & Hostetler LLP Basic/Step-Rate Retirement Plan $415M · 1,076
- University of Dayton Defined Contribution Retirement Plan $303M · 2,818
Similar-Sized Money Purchase Plans Nationally
Money Purchase plans in other states closest to Local Union No 306 IBEW Pension Annuity Plan by total assets, not by location.
- Meba Pension Trust-Money Purchase Benefit Plan (MD) $230M · 2,945
- Sharp Rees-Stealy Medical Group, Inc. Money Purchase Pension Plan (CA) $234M · 444
- North Central States Regional Council of Carpenters Supplemental Retirement Plan (WI) $235M · 9,656
- The Scripps Research Institute Faculty and Management Retirement Plan (CA) $227M · 610
Frequently Asked Questions
How did Local Union No 306 IBEW Pension Annuity Plan assets move in 2022? ▼
How have Local Union 306 IBEW Pension Annuity Fund Trustees plan assets changed over time? ▼
Where does Local Union No 306 IBEW Pension Annuity Plan rank by assets among Form 5500 filers? ▼
Which Money Purchase plans are similar in size to Local Union No 306 IBEW Pension Annuity Plan? ▼
Next read for Local Union No 306 IBEW Pension Annuity …
Scale reading
Ways to act on Local Union No 306 IBEW Pension Annuity Plan's numbers.
- By total assets, Local Union No 306 IBEW Pension Annuity 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 Ohio. Compare plans
- Local Union 306 IBEW Pension Annuity Fund Trustees's sponsor-wide assets have grown 30.4% since 2022 across 3 plan years on file. More Construction plans