Money Purchase
2022 plan-year Money Purchase DOL Form 5500

ELECTRICAL WORKERS LOCAL NO. 294 SUPPLEMENTAL UNEMPLOYMENT BENEFIT FUND

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

TRUSTEES OF ELECTRICAL WORKERS LOCAL NO. 294 SUPP UNEMPLOY BEN FUND

This Money Purchase plan holds $313K in total assets and serves 257 participants as of 2022. It is sponsored by TRUSTEES OF ELECTRICAL WORKERS LOCAL NO. 294 SUPP UNEMPLOY BEN FUND in Minnesota. The plan reported positive net income of $12K for the year.

Total Assets (2023)
$313K
Participants
257
State
Industry
Construction

What the Filing Says About ELECTRICAL WORKERS LOCAL NO. 294 SUPPLEMENTAL UNEMPLOYMENT BENEFIT FUND

ELECTRICAL WORKERS LOCAL NO. 294 SUPPLEMENTAL UNEMPLOYMENT BENEFIT FUND is a Money Purchase retirement plan sponsored by TRUSTEES OF ELECTRICAL WORKERS LOCAL NO. 294 SUPP UNEMPLOY BEN FUND, headquartered in Minnesota. As of the 2022 Form 5500 filing, the plan reports $313K in total end-of-year assets and covers 257 participants across the Construction industry. The sponsor's EIN on file with the U.S. Department of Labor is 743081515, and the plan has been effective since 2004-07-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $302K at the beginning of 2022 to $313K at year-end — a gain of 3.9%. Net assets (after liabilities) closed the year at $313K, with reported net income of $12K 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)$302K
Total Assets (End of Year)$313K
Net Assets (End of Year)$313K
Net Income$12K
Plan TypeMoney Purchase
Employer EIN743081515
Plan Effective Date2004-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (TRUSTEES OF ELECTRICAL WORKERS LOCAL NO. 294 SUPP UNEMPLOY BEN FUND)

Year Plans Participants Total Assets
2022 1 257 $313K
2023 1 263 $330K
2024 1 284 $346K

Nearby Money Purchase Plans in Minnesota

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

Frequently Asked Questions

How much money is in the ELECTRICAL WORKERS LOCAL NO. 294 SUPPLEMENTAL UNEMPLOYMENT BENEFIT FUND?
As of the 2022 Form 5500 filing, ELECTRICAL WORKERS LOCAL NO. 294 SUPPLEMENTAL UNEMPLOYMENT BENEFIT FUND holds $313K in total assets with 257 participants. It is sponsored by TRUSTEES OF ELECTRICAL WORKERS LOCAL NO. 294 SUPP UNEMPLOY BEN FUND.
What type of plan is ELECTRICAL WORKERS LOCAL NO. 294 SUPPLEMENTAL UNEMPLOYMENT BENEFIT FUND?
ELECTRICAL WORKERS LOCAL NO. 294 SUPPLEMENTAL UNEMPLOYMENT BENEFIT FUND is a Money Purchase plan. It has been effective since 2004-07-01. The plan is filed with the U.S. Department of Labor under EIN 743081515.
Who sponsors the ELECTRICAL WORKERS LOCAL NO. 294 SUPPLEMENTAL UNEMPLOYMENT BENEFIT FUND?
ELECTRICAL WORKERS LOCAL NO. 294 SUPPLEMENTAL UNEMPLOYMENT BENEFIT FUND is sponsored by TRUSTEES OF ELECTRICAL WORKERS LOCAL NO. 294 SUPP UNEMPLOY BEN FUND, located in Minnesota. The sponsor's EIN is 743081515 and the plan operates in the Construction industry.
How did ELECTRICAL WORKERS LOCAL NO. 294 SUPPLEMENTAL UNEMPLOYMENT BENEFIT FUND perform in 2022?
ELECTRICAL WORKERS LOCAL NO. 294 SUPPLEMENTAL UNEMPLOYMENT BENEFIT FUND grew by 3.9% during 2022, moving from $302K to $313K in total assets. Net income was $12K.
Where can I find official filings for ELECTRICAL WORKERS LOCAL NO. 294 SUPPLEMENTAL UNEMPLOYMENT BENEFIT FUND?
Official Form 5500 filings for ELECTRICAL WORKERS LOCAL NO. 294 SUPPLEMENTAL UNEMPLOYMENT BENEFIT FUND are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 743081515 or plan name at efast.dol.gov.
How does ELECTRICAL WORKERS LOCAL NO. 294 SUPPLEMENTAL UNEMPLOYMENT BENEFIT FUND compare to other plans?
You can compare ELECTRICAL WORKERS LOCAL NO. 294 SUPPLEMENTAL UNEMPLOYMENT BENEFIT FUND against other Money Purchase plans on the plan type page, or view plans in Minnesota 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 743081515.

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.