Defined Benefit (Pension) · DOL Form 5500 · 2022
Board of Trustees, Northern California Electrical Pension Plan
Data updated 2026-08-11
- $613M
- Total assets
- 1,840
- Participants
- 98th
- Percentile by assets
- $332,912
- Avg per participant
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.
- 98th percentile by assets (of 139,126 plans)
- #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.
- $613M
- total plan assets (2022 EOY)
- 1,840
- covered participants
- 98th
- percentile by assets (of 139,126 plans)
- $332,912
- avg assets per participant
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.
Participants vs California filers
In California, the average filing covers about 630 participants across 15,291 plans. Northern California Electrical Workers Pension Plan reports 1,840 participants - 2.9x that state average ($613M EOY assets).
California filing particulars
| Total Assets (Beginning of Year) | $730M |
|---|---|
| Net Assets (End of Year) | $612M |
| Net Income | -$113M |
| Employer EIN | 946062674 |
| Plan Effective Date | 1961-12-12 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees, Northern California Electrical)
| 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
- Kaiser Permanente Retirement Plan $31.9B · 126,331
- Pacific Gas and Electric Company Retirement Plan $17.1B · 25,709
- Retirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc. $10.4B · 19,326
- Disney Salaried Pension Plan D $9.2B · 11,405
- Wells Fargo & Company Cash Balance Plan $8.8B · 59,141
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Northern California Electrical Workers Pension Plan by total assets, not by location.
- Hii Ingalls Shipbuilding, Inc. Hourly Employees' Retirement Plan (VA) $612M · 6,805
- Sandvik Pension Plan (NC) $615M · 673
- General Dynamics Retirement Plan (Land Systems) (VA) $610M · 1,181
- The Legacy Plan of the Unite Here Retirement Fund (NY) $610M · 18,942
Frequently Asked Questions
How did Northern California Electrical Workers Pension Plan assets move in 2022? ▼
How have Board of Trustees, Northern California Electrical plan assets changed over time? ▼
Where does Northern California Electrical Workers Pension Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Northern California Electrical Workers Pension Plan? ▼
Next read for Northern California Electrical Workers P…
Filing takeaways
Ways to act on Northern California Electrical Workers Pension Plan's numbers.
- By total assets, Northern California Electrical Workers Pension Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in California. Compare plans
- Board of Trustees, Northern California Electrical's sponsor-wide assets have grown 22.4% since 2022 across 3 plan years on file. More Construction plans