Money Purchase · DOL Form 5500 · 2022

New England Electrical Workers Money Purchase Plan and Trust Money Purchase Plan

Data updated 2026-08-11

$608M
Total assets
7,904
Participants
98th
Percentile by assets
$76,860
Avg per participant
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Official DOL plan name: New England Electrical Workers Money Purchase Plan and Trust · Sponsored by New England Electrical Workers Money Purchase Plan and Trust · Connecticut · Construction

$608M in assets, 7,904 participants

New England Electrical Workers Money Purchase Plan and Trust's New England Electrical Workers Money Purchase Plan and Trust reported $608M in total assets and 7,904 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)
  • #9,752 in Construction (9,927 peers)

Coverage in Connecticut

New England Electrical Workers Money Purchase Plan and Trust covers 7,904 participants in Connecticut, 11x the typical Connecticut plan (state average ~718 per filing). Assets: $608M.

$608M
total plan assets (2022 EOY)
7,904
covered participants
98th
percentile by assets (of 139,126 plans)
$76,860
avg assets per participant

The plan reported a net loss of $51M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Participants vs Connecticut filers

In Connecticut, the average filing covers about 718 participants across 1,906 plans. New England Electrical Workers Money Purchase Plan and Trust reports 7,904 participants - 11x that state average ($608M EOY assets).

Connecticut filing particulars

Total Assets (Beginning of Year)$655M
Net Assets (End of Year)$603M
Net Income-$51M
Employer EIN060962207
Plan Effective Date1976-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (New England Electrical Workers Money Purchase Plan and Trust)

$500M$600M$700M$800M$900M 202220232024 $608M $870M â–˛ +43.3%
Total plan assets by year, all New England Electrical Workers Money Purchase Plan and Trust plans on file
Year Plans Participants Total Assets
2022 1 7,904 $608M
2023 1 8,403 $746M
2024 1 9,637 $870M

Nearby Money Purchase Plans in Connecticut

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

New England Electrical Workers Money Purchase Plan and Trust vs. nearby Money Purchase plans in Connecticut, assets vs. participants

New England Electrical Workers Money Purchase Plan and Trust vs. nearby Money Purchase plans in Connecticut, assets vs. participants Scatter plot of 6 data points. -20000200040006000800010000 -2000200400600800 Total assets ($M) Participants New England Electric…Equinor US Holdings …Southern Ct IBEW Ann…Money Purchase Retir…Swisher Internationa…Church Homes, Inc., …
New England Electrical Workers Money Purchase Plan and Trust vs. nearby Money Purchase plans in Connecticut, assets vs. participants

Scale composition for New England Electrical Workers Money Purchase Plan and Trust

New England Electrical Workers Money Purchase Plan and Trust reports $608M in end-of-year assets across 7,904 participants (0.005% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.008% of 93,925,755 covered participants) - about $76,860 per participant (56% of the national average assets-per-participant) . Net income for plan year 2022 was -$51M.

This plan identity (EIN 060962207, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $608M to $870M (+43.3%) while covered participants moved from 7,904 to 9,637 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 7,904 $608M This page
2023 8,403 $746M Open filing
2024 · index core 9,637 $870M Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to New England Electrical Workers Money Purchase Plan and Trust by total assets, not by location.

Frequently Asked Questions

How did New England Electrical Workers Money Purchase Plan and Trust assets move in 2022?
New England Electrical Workers Money Purchase Plan and Trust pulled back noticeably - down 7.2% during 2022, from $655M to $608M. Reported net income was -$51M.
How have New England Electrical Workers Money Purchase Plan and Trust plan assets changed over time?
Across 3 plan years on file (2022-2024), New England Electrical Workers Money Purchase Plan and Trust's sponsor-wide assets grew 43.3%, from $608M to $870M.
Where does New England Electrical Workers Money Purchase Plan and Trust rank by assets among Form 5500 filers?
New England Electrical Workers Money Purchase Plan and Trust 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 Money Purchase plans are similar in size to New England Electrical Workers Money Purchase Plan and Trust?
Among Money Purchase plans in other states, the closest by assets is NECA-IBEW Local 176 Pension Trust Fund in IL ($616M, 2,741 participants).

Next read for New England Electrical Workers Money Pur…

Filing takeaways

Ways to act on New England Electrical Workers Money Purchase Plan and Trust's numbers.

  • By total assets, New England Electrical Workers Money Purchase Plan and Trust ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Money Purchase plans in Connecticut. Compare plans
  • New England Electrical Workers Money Purchase Plan and Trust's sponsor-wide assets have grown 43.3% since 2022 across 3 plan years on file. More Construction plans