Defined Benefit (Pension) · DOL Form 5500 · 2022

Board of Trustees, Northern California Electrical Pension Plan

Data updated 2026-08-25

$613M
Total assets Above avg plan size
1,840
Participants Near avg headcount
98th
Percentile by assets National rank
$332,912
Avg per participant High balance/head
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Official DOL plan name: Northern California Electrical Workers Pension Plan · Sponsored by Board of Trustees, Northern California Electrical · California · Construction

$613M in assets, 1,840 participants

Board of Trustees, Northern California Electrical's Northern California Electrical Workers Pension Plan reported $613M in total assets and 1,840 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.

  • #9,756 in Construction (9,927 peers)

Coverage in California

Northern California Electrical Workers Pension Plan covers 1,840 participants in California, 2.9x the typical California plan (state average ~630 per filing). Assets: $613M.

#9,756
in Construction (9,927 peers)
-16.1%
assets change YoY
6.1×
vs typical plan assets (national mean)

The plan reported a net loss of $113M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Northern California Electrical Workers Pension Plan's outsized position by total assets

Northern California Electrical Workers Pension Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$612,557,826 Top 2% higher than 98% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Northern California Electrical Workers Pension Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Northern California Electrical Workers Pension Plan lands in the large band (1,840 participants).

DOL schedule card

Filing strip 946062674 · Board of Trustees, Northern California Electrical PY 2022 · Defined Benefit (Pension)

Northern California Electrical Workers Pension Plan · $613M · 1,840 · 98th

  • VS-ST $613M
  • VS-ST 1,840
  • VS-ST 98th
  • VS-ST Defined Benefit (Pension)
  • VS-ST near Hii Ingalls Shipbuilding, Inc. Hourly Employees' Retirement Plan
  • VS-ST ind #9756

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Construction retirement plans → · Plans in California →

Northern California Electrical Workers Pension Plan in the asset neighbourhood

Sandvik Pension Plan$615MNorthern California Electrical Workers Pension PlanNorthern California Electric…$613MHii Ingalls Shipbuilding, Inc. Hourly Employees' Retirement PlanHii Ingalls Shipbuilding, In…$612MGeneral Dynamics Retirement Plan (Land Systems)General Dynamics Retirement …$610MThe Legacy Plan of the Unite Here Retirement FundThe Legacy Plan of the Unite…$610M
End-of-year total assets ($M) among Northern California Electrical Workers Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

California filing particulars

Total Assets (Beginning of Year)$730M
Net Assets (End of Year)$612M
Net Income-$113M
Employer EIN946062674
Plan Effective Date1961-12-12
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees, Northern California Electrical)

Sponsor-wide plan assets over time

All Board of Trustees, Northern California Electrical plans reported in each filing year

Latest sponsor-wide plan assets
$1.4B 22.379106436280416% vs 2022
2024 filing year
$1B$1.1B$1.2B$1.3B$1.4B 202220232024 $1.12B $1.37B ▲ +22.3%
Year Plans Participants Total Assets
2022 2 4,409 $1.1B
2023 2 4,116 $1.3B
2024 2 3,693 $1.4B

Nearby Defined Benefit (Pension) Plans in California

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Northern California Electrical Workers Pension Plan vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants Northern California Electrical Workers Pension Plan, Total assets ($B): 0.612557826 · Participants: 1840Northern California Electrical Workers Pension PlanKaiser Permanente Retirement Plan, Total assets ($B): 31.853758931 · Participants: 126331Kaiser Permanente Retirement PlanPacific Gas and Electric Company Retirement Plan, Total assets ($B): 17.05949917 · Participants: 25709Pacific Gas and Electric Company Retirement PlanRetirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc., Total assets ($B): 10.381485239 · Participants: 19326Retirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc.Disney Salaried Pension Plan D, Total assets ($B): 9.228005463 · Participants: 11405Disney Salaried Pension Plan DWells Fargo & Company Cash Balance Plan, Total assets ($B): 8.784432859 · Participants: 59141Wells Fargo & Company Cash Balance Plan
Northern California Electrical Workers Pension Plan vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants

Northern California Electrical Workers Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside California, the nearest Defined Benefit (Pension) by assets is Hii Ingalls Shipbuilding, Inc. Hourly Employees' Retirement Plan in VA ($612M); by covered participants it is Long Island Electric Utility Servco LLC Retirement Income Plan in NY (1,841 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($613M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,840 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Northern California Electrical Workers Pension Plan assets move in 2022? ▼
Northern California Electrical Workers Pension Plan declined sharply - down 16.1% during 2022, from $730M to $613M. Reported net income was -$113M.
How have Board of Trustees, Northern California Electrical plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees, Northern California Electrical's sponsor-wide assets grew 22.4%, from $1.1B to $1.4B.
Where does Northern California Electrical Workers Pension Plan rank by assets among Form 5500 filers? ▼
Northern California Electrical Workers Pension Plan ranks in the 98th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Northern California Electrical Workers Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Hii Ingalls Shipbuilding, Inc. Hourly Employees' Retirement Plan in VA ($612M, 6,805 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Northern California Electrical Workers Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Long Island Electric Utility Servco LLC Retirement Income Plan in NY (1,841 participants, $389M in assets).