Money Purchase · DOL Form 5500 · 2022

Joint Board of Trustees Alaska Electrical Pension Plan Money Purchase Plan

Data updated 2026-08-06

$194M
Total assets
2,284
Participants
96th
Percentile by assets
$85,016
Avg per participant
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Official DOL plan name: Alaska Electrical Retirement Savings Plan · Sponsored by Joint Board of Trustees Alaska Electrical Pension Plan · Alaska · Construction

$194M in assets, 2,284 participants

Joint Board of Trustees Alaska Electrical Pension Plan's Alaska Electrical Retirement Savings Plan reported $194M in total assets and 2,284 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)
  • #9,422 in Construction (9,938 peers)

Coverage in Alaska

Alaska Electrical Retirement Savings Plan covers 2,284 participants in Alaska, 4.7x the typical Alaska plan (state average ~481 per filing). Assets: $194M.

$194M
total plan assets (2022 EOY)
2,284
covered participants
96th
percentile by assets (of 139,258 plans)
$85,016
avg assets per participant

The plan reported a net loss of $35M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Participants vs Alaska filers

In Alaska, the average filing covers about 481 participants across 265 plans. Alaska Electrical Retirement Savings Plan reports 2,284 participants - 4.7x that state average ($194M EOY assets).

Alaska filing particulars

Total Assets (Beginning of Year)$229M
Net Assets (End of Year)$194M
Net Income-$35M
Employer EIN926005171
Plan Effective Date1980-01-13
Filing StatusFILING RECEIVED

Sponsor Plan History (Joint Board of Trustees Alaska Electrical Pension Plan)

$2.2B$2.25B$2.3B$2.35B 202220232024 $2.26B $2.32B ▲ +2.7%
Total plan assets by year, all Joint Board of Trustees Alaska Electrical Pension Plan plans on file
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.

Alaska Electrical Retirement Savings Plan vs. nearby Money Purchase plans in Alaska, assets vs. participants

Alaska Electrical Retirement Savings Plan vs. nearby Money Purchase plans in Alaska, assets vs. participants Scatter plot of 3 data points. -10000100020003000 -50050100150200250 Total assets ($M) Participants Alaska Electrical Re…Norton Sound Health …John P Wiese Fisheries
Alaska Electrical Retirement Savings Plan vs. nearby Money Purchase plans in Alaska, assets vs. participants

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to Alaska Electrical Retirement Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Alaska Electrical Retirement Savings Plan assets move in 2022?
Alaska Electrical Retirement Savings Plan declined sharply - down 15.1% during 2022, from $229M to $194M. Reported net income was -$35M.
How have Joint Board of Trustees Alaska Electrical Pension Plan plan assets changed over time?
Across 3 plan years on file (2022-2024), Joint Board of Trustees Alaska Electrical Pension Plan's sponsor-wide assets grew 2.8%, from $2.3B to $2.3B.
Where does Alaska Electrical Retirement Savings Plan rank by assets among Form 5500 filers?
Alaska Electrical Retirement Savings Plan ranks in the 96th 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 Alaska Electrical Retirement Savings Plan?
Among Money Purchase plans in other states, the closest by assets is Local 191 I.B.E.W. Money Purchase Plan in WA ($194M, 3,986 participants).

Next read for Alaska Electrical Retirement Savings Pla…

Filing takeaways

Ways to act on Alaska Electrical Retirement Savings Plan's numbers.

  • By total assets, Alaska Electrical Retirement Savings 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 Alaska. Compare plans
  • Joint Board of Trustees Alaska Electrical Pension Plan's sponsor-wide assets have grown 2.8% since 2022 across 3 plan years on file. More Construction plans