Money Purchase · DOL Form 5500 · 2022
Board of Trustees of IBEW 1245 Money Purchase Plan Money Purchase Plan
Data updated 2026-08-11
- $39M
- Total assets
- 51
- Participants
- 86th
- Percentile by assets
- $766,736
- Avg per participant
Official DOL plan name: IBEW Local 1245 Money Purchase Pension Plan · Sponsored by Board of Trustees of IBEW 1245 Money Purchase Plan · California · Utilities
$39M in assets, 51 participants
Board of Trustees of IBEW 1245 Money Purchase Plan's IBEW Local 1245 Money Purchase Pension Plan reported $39M in total assets and 51 participants in its 2022 DOL Form 5500 filing, ranking in the 86th 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.
- 86th percentile by assets (of 139,126 plans)
- #380 in Utilities (738 peers)
Utilities sector rank
Within Utilities, IBEW Local 1245 Money Purchase Pension Plan ranks #380 of 738 2022 filers by assets (1373% of the sector average)-$39M for 51 participants.
- $39M
- total plan assets (2022 EOY)
- 51
- covered participants
- 86th
- percentile by assets (of 139,126 plans)
- $766,736
- avg assets per participant
The plan reported a net loss of $10M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Rank #380 in Utilities
Among 738 Utilities plans that filed a Form 5500 for plan year 2022, IBEW Local 1245 Money Purchase Pension Plan ranks #380 by end-of-year assets - about 1373% of the sector average of $537M. Nationally it sits in the 86th percentile, a weaker position within its industry than across all filers.
Utilities filing particulars
| Total Assets (Beginning of Year) | $49M |
|---|---|
| Net Assets (End of Year) | $39M |
| Net Income | -$10M |
| Employer EIN | 946583240 |
| Plan Effective Date | 1984-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees of IBEW 1245 Money Purchase Plan)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 51 | $39M |
| 2023 | 1 | 54 | $40M |
| 2024 | 1 | 53 | $41M |
Nearby Money Purchase Plans in California
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
IBEW Local 1245 Money Purchase Pension Plan vs. nearby Money Purchase plans in California, assets vs. participants
- The Permanente Contribution Plan of the Permanente Medical Group, Inc. $5.9B · 17,035
- Kaiser Permanente Supplemental Savings and Retirement Plan $4.3B · 36,448
- University of Southern California Defined Contribution Retirement Plan $3.8B · 20,087
- Carpenters Annuity Trust Fund for Northern California $3.0B · 26,442
- Directors Guild of America-Producer Pension Plan Supplemental Benefit Plan $2.0B · 22,792
Similar-Sized Money Purchase Plans Nationally
Money Purchase plans in other states closest to IBEW Local 1245 Money Purchase Pension Plan by total assets, not by location.
Frequently Asked Questions
How did IBEW Local 1245 Money Purchase Pension Plan assets move in 2022? ▼
How have Board of Trustees of IBEW 1245 Money Purchase Plan plan assets changed over time? ▼
Where does IBEW Local 1245 Money Purchase Pension Plan rank by assets among Form 5500 filers? ▼
Which Money Purchase plans are similar in size to IBEW Local 1245 Money Purchase Pension Plan? ▼
Next read for IBEW Local 1245 Money Purchase Pension P…
Filing takeaways
Ways to act on IBEW Local 1245 Money Purchase Pension Plan's numbers.
- By total assets, IBEW Local 1245 Money Purchase Pension Plan ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Money Purchase plans in California. Compare plans
- Board of Trustees of IBEW 1245 Money Purchase Plan's sponsor-wide assets have grown 4.4% since 2022 across 3 plan years on file. More Utilities plans