Money Purchase
2022 plan-year Money Purchase DOL Form 5500

ALASKA ELECTRICAL RETIREMENT SAVINGS PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

JOINT BOARD OF TRUSTEES ALASKA ELECTRICAL PENSION PLAN

This Money Purchase plan holds $194M in total assets and serves 2,284 participants as of 2022. It is sponsored by JOINT BOARD OF TRUSTEES ALASKA ELECTRICAL PENSION PLAN in Alaska. The plan reported a net loss of $35M for the year.

Total Assets (2023)
$194M
Participants
2,284
State
Industry
Construction

What the Filing Says About ALASKA ELECTRICAL RETIREMENT SAVINGS PLAN

ALASKA ELECTRICAL RETIREMENT SAVINGS PLAN is a Money Purchase retirement plan sponsored by JOINT BOARD OF TRUSTEES ALASKA ELECTRICAL PENSION PLAN, headquartered in Alaska. As of the 2022 Form 5500 filing, the plan reports $194M in total end-of-year assets and covers 2,284 participants across the Construction industry. The sponsor's EIN on file with the U.S. Department of Labor is 926005171, and the plan has been effective since 1980-01-13. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $229M at the beginning of 2022 to $194M at year-end — a decline of 15.1%. Net assets (after liabilities) closed the year at $194M, with reported net income of $-34,682,821 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$229M
Total Assets (End of Year)$194M
Net Assets (End of Year)$194M
Net Income$-34,682,821
Plan TypeMoney Purchase
Employer EIN926005171
Plan Effective Date1980-01-13
Filing StatusFILING RECEIVED

Sponsor Plan History (JOINT BOARD OF TRUSTEES ALASKA ELECTRICAL PENSION PLAN)

Year Plans Participants Total Assets
2022 2 5,999 $2.3B
2023 2 6,300 $2.3B
2024 2 6,426 $2.3B

Nearby Money Purchase Plans in Alaska

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

Frequently Asked Questions

How much money is in the ALASKA ELECTRICAL RETIREMENT SAVINGS PLAN?
As of the 2022 Form 5500 filing, ALASKA ELECTRICAL RETIREMENT SAVINGS PLAN holds $194M in total assets with 2,284 participants. It is sponsored by JOINT BOARD OF TRUSTEES ALASKA ELECTRICAL PENSION PLAN.
What type of plan is ALASKA ELECTRICAL RETIREMENT SAVINGS PLAN?
ALASKA ELECTRICAL RETIREMENT SAVINGS PLAN is a Money Purchase plan. It has been effective since 1980-01-13. The plan is filed with the U.S. Department of Labor under EIN 926005171.
Who sponsors the ALASKA ELECTRICAL RETIREMENT SAVINGS PLAN?
ALASKA ELECTRICAL RETIREMENT SAVINGS PLAN is sponsored by JOINT BOARD OF TRUSTEES ALASKA ELECTRICAL PENSION PLAN, located in Alaska. The sponsor's EIN is 926005171 and the plan operates in the Construction industry.
How did ALASKA ELECTRICAL RETIREMENT SAVINGS PLAN perform in 2022?
ALASKA ELECTRICAL RETIREMENT SAVINGS PLAN declined by 15.1% during 2022, moving from $229M to $194M in total assets. Net income was $-34,682,821.
Where can I find official filings for ALASKA ELECTRICAL RETIREMENT SAVINGS PLAN?
Official Form 5500 filings for ALASKA ELECTRICAL RETIREMENT SAVINGS PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 926005171 or plan name at efast.dol.gov.
How does ALASKA ELECTRICAL RETIREMENT SAVINGS PLAN compare to other plans?
You can compare ALASKA ELECTRICAL RETIREMENT SAVINGS PLAN against other Money Purchase plans on the plan type page, or view plans in Alaska on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 926005171.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.