401(k) · DOL Form 5500 · 2022
Board of Trustees IBEW Local 332 Pension Plan Part B 401(k) Plan
Data updated 2026-08-11
- $697M
- Total assets
- 2,267
- Participants
- 98th
- Percentile by assets
- $307,478
- Avg per participant
Official DOL plan name: IBEW Local 332 Pension Plan Part B · Sponsored by Board of Trustees IBEW Local 332 Pension Plan Part B · California · Construction
$697M in assets, 2,267 participants
Board of Trustees IBEW Local 332 Pension Plan Part B's IBEW Local 332 Pension Plan Part B reported $697M in total assets and 2,267 participants in its 2022 DOL Form 5500 filing, ranking in the 98th 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.
- 98th percentile by assets (of 139,126 plans)
- #9,772 in Construction (9,927 peers)
Coverage in California
IBEW Local 332 Pension Plan Part B covers 2,267 participants in California, 3.6x the typical California plan (state average ~630 per filing). Assets: $697M.
- $697M
- total plan assets (2022 EOY)
- 2,267
- covered participants
- 98th
- percentile by assets (of 139,126 plans)
- $307,478
- avg assets per participant
The plan reported a net loss of $97M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs California filers
In California, the average filing covers about 630 participants across 15,291 plans. IBEW Local 332 Pension Plan Part B reports 2,267 participants - 3.6x that state average ($697M EOY assets).
California filing particulars
| Total Assets (Beginning of Year) | $795M |
|---|---|
| Net Assets (End of Year) | $695M |
| Net Income | -$97M |
| Employer EIN | 516105118 |
| Plan Effective Date | 1972-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees IBEW Local 332 Pension Plan Part B)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 2,267 | $697M |
| 2023 | 1 | 2,267 | $789M |
| 2024 | 1 | 2,215 | $886M |
Nearby 401(k) Plans in California
Peer 401(k) plans, same state, same plan type, ranked by total assets.
IBEW Local 332 Pension Plan Part B vs. nearby 401(k) plans in California, assets vs. participants
- Wells Fargo & Company 401(k) Plan $45.8B · 205,865
- Google LLC 401(k) Savings Plan $28.9B · 102,963
- Oracle Corporation 401(k) Savings and Investment Plan $21.9B · 46,320
- Chevron Employee Savings Investment Plan $18.6B · 19,946
- Intel 401(k) Savings Plan $18.4B · 54,672
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to IBEW Local 332 Pension Plan Part B by total assets, not by location.
- Napa - American Anethesiology, Inc. 401(k) Retirement Savings Plan (NY) $696M · 3,682
- Snc-Lavalin US Retirement Savings Program (DE) $696M · 4,276
- Motiva 401(k) and Savings Plan (TX) $698M · 2,429
- Nasdaq, Inc. 401(k) Savings Plan (MD) $699M · 2,088
Frequently Asked Questions
How did IBEW Local 332 Pension Plan Part B assets move in 2022? ▼
How have Board of Trustees IBEW Local 332 Pension Plan Part B plan assets changed over time? ▼
Where does IBEW Local 332 Pension Plan Part B rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to IBEW Local 332 Pension Plan Part B? ▼
Next read for IBEW Local 332 Pension Plan Part B
Filing takeaways
Ways to act on IBEW Local 332 Pension Plan Part B's numbers.
- By total assets, IBEW Local 332 Pension Plan Part B ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in California. Compare plans
- Board of Trustees IBEW Local 332 Pension Plan Part B's sponsor-wide assets have grown 27.1% since 2022 across 3 plan years on file. More Construction plans