Money Purchase · DOL Form 5500 · 2022
Board of Trustees of Carolina Electrical Workers Retirement Fund Money Purchase Plan
Data updated 2026-08-11
- $128M
- Total assets
- 5,169
- Participants
- 94th
- Percentile by assets
- $24,669
- Avg per participant
Official DOL plan name: Carolina Electrical Workers Retirement Fund · Sponsored by Board of Trustees of Carolina Electrical Workers Retirement Fund · Utah · Construction
$128M in assets, 5,169 participants
Board of Trustees of Carolina Electrical Workers Retirement Fund's Carolina Electrical Workers Retirement Fund reported $128M in total assets and 5,169 participants in its 2022 DOL Form 5500 filing, ranking in the 94th 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.
- 94th percentile by assets (of 139,126 plans)
- #9,212 in Construction (9,927 peers)
Coverage in Utah
Carolina Electrical Workers Retirement Fund covers 5,169 participants in Utah, 8.7x the typical Utah plan (state average ~592 per filing). Assets: $128M.
- $128M
- total plan assets (2022 EOY)
- 5,169
- covered participants
- 94th
- percentile by assets (of 139,126 plans)
- $24,669
- avg assets per participant
The plan reported a net loss of $17M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs Utah filers
In Utah, the average filing covers about 592 participants across 1,280 plans. Carolina Electrical Workers Retirement Fund reports 5,169 participants - 8.7x that state average ($128M EOY assets).
Utah filing particulars
| Total Assets (Beginning of Year) | $144M |
|---|---|
| Net Assets (End of Year) | $127M |
| Net Income | -$17M |
| Employer EIN | 561351864 |
| Plan Effective Date | 1992-12-28 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees of Carolina Electrical Workers Retirement Fund)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 5,169 | $128M |
| 2023 | 1 | 5,806 | $136M |
| 2024 | 1 | 6,154 | $154M |
Nearby Money Purchase Plans in Utah
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
Carolina Electrical Workers Retirement Fund vs. nearby Money Purchase plans in Utah, assets vs. participants
- Oocl (USA) Inc. Defined Contribution Pension Plan $82M · 455
- Rowland Hall, Saint Mark's School 403(b) DC Plan $34M · 249
- Southeastern Ironworkers Annuity Plan $33M · 3,457
- Nbcc Retirement Plan $2M · 9
- Western States Water Council Money Purchase Pension Plan $2M · 6
Scale composition for Carolina Electrical Workers Retirement Fund
Carolina Electrical Workers Retirement Fund reports $128M in end-of-year assets across 5,169 participants (0.001% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $24,669 per participant (18% of the national average assets-per-participant) . Net income for plan year 2022 was -$17M.
This plan identity (EIN 561351864, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $128M to $154M (+20.8%) while covered participants moved from 5,169 to 6,154 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 5,169 | $128M | This page |
| 2023 | 5,806 | $136M | Open filing |
| 2024 · index core | 6,154 | $154M | Open filing |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Carolina Electrical Workers Retirement Fund (Money Purchase, $154M, 6,154 participants)
Similar-Sized Money Purchase Plans Nationally
Money Purchase plans in other states closest to Carolina Electrical Workers Retirement Fund by total assets, not by location.
Frequently Asked Questions
How did Carolina Electrical Workers Retirement Fund assets move in 2022? ▼
How have Board of Trustees of Carolina Electrical Workers Retirement Fund plan assets changed over time? ▼
Where does Carolina Electrical Workers Retirement Fund rank by assets among Form 5500 filers? ▼
Which Money Purchase plans are similar in size to Carolina Electrical Workers Retirement Fund? ▼
Next read for Carolina Electrical Workers Retirement F…
Filing takeaways
Ways to act on Carolina Electrical Workers Retirement Fund's numbers.
- By total assets, Carolina Electrical Workers Retirement Fund ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Money Purchase plans in Utah. Compare plans
- Board of Trustees of Carolina Electrical Workers Retirement Fund's sponsor-wide assets have grown 20.8% since 2022 across 3 plan years on file. More Construction plans