Money Purchase · DOL Form 5500 · 2022

Board of Trustees of IBEW 1245 Money Purchase Plan Money Purchase Plan

Data updated 2026-08-25

$39M
Total assets Below avg plan size
51
Participants Small participant base
86th
Percentile by assets National rank
$766,736
Avg per participant High balance/head
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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.

  • #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.

#380
in Utilities (738 peers)
-20.4%
assets change YoY
0.4×
vs typical plan assets (national mean)

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.

IBEW Local 1245 Money Purchase Pension Plan's outsized position by total assets

IBEW Local 1245 Money Purchase Pension Plan vs every filed plan by assets

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

$39,103,553 Top 14% higher than 86% 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

IBEW Local 1245 Money Purchase Pension Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. IBEW Local 1245 Money Purchase Pension Plan is a small filing (51 participants) on this national headcount ladder.

Published 5500 schedule card

Filing strip 946583240 · Board of Trustees of IBEW 1245 Money Purchase Plan PY 2022 · Money Purchase

IBEW Local 1245 Money Purchase Pension Plan · $39M · 51 · 86th

  • PART $39M
  • PART 51
  • PART 86th
  • PART Money Purchase
  • PART near IBEW Local 64 Profit Sharing Plan and Trust
  • PART ind #380

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 Utilities retirement plans → · Plans in California →

IBEW Local 1245 Money Purchase Pension Plan in the asset neighbourhood

National Hockey League Pension Plan for United States Off Ice EmployeesNational Hockey League Pensi…$40MIBEW Local 64 Profit Sharing Plan and TrustIBEW Local 64 Profit Sharing…$39MIBEW Local 1245 Money Purchase Pension PlanIBEW Local 1245 Money Purcha…$39MAbatement Workers National Defined Contribution Pension PlanAbatement Workers National D…$38MLocal 338 Annuity Fund$38M
End-of-year total assets ($M) among IBEW Local 1245 Money Purchase Pension Plan and nearest nationwide Money Purchase peers. Source: DOL Form 5500 plan year 2022.

Utilities filing particulars

Total Assets (Beginning of Year)$49M
Net Assets (End of Year)$39M
Net Income-$10M
Employer EIN946583240
Plan Effective Date1984-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees of IBEW 1245 Money Purchase Plan)

Sponsor-wide plan assets over time

All Board of Trustees of IBEW 1245 Money Purchase Plan plans reported in each filing year

Latest sponsor-wide plan assets
$41M 4.428912124685959% vs 2022
2024 filing year
$38M$39M$40M$41M$42M 202220232024 $39.1M $40.8M ▲ +4.5%
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 Scatter plot of 6 data points. -10000010000200003000040000 -202468 Total assets ($B) Participants IBEW Local 1245 Money Purchase Pension Plan, Total assets ($B): 0.039103553 · Participants: 51IBEW Local 1245 Money Purchase Pension PlanThe Permanente Contribution Plan of the Permanente Medical Group, Inc., Total assets ($B): 5.882091384 · Participants: 17035The Permanente Contribution Plan of the Permanente Medical Group, Inc.Kaiser Permanente Supplemental Savings and Retirement Plan, Total assets ($B): 4.331783513 · Participants: 36448Kaiser Permanente Supplemental Savings and Retirement PlanUniversity of Southern California Defined Contribution Retirement Plan, Total assets ($B): 3.768465559 · Participants: 20087University of Southern California Defined Contribution Retirement PlanCarpenters Annuity Trust Fund for Northern California, Total assets ($B): 2.976996868 · Participants: 26442Carpenters Annuity Trust Fund for Northern CaliforniaDirectors Guild of America-Producer Pension Plan Supplemental Benefit Plan, Total assets ($B): 2.04171549 · Participants: 22792Directors Guild of America-Producer Pension Plan Supplemental Benefit Plan
IBEW Local 1245 Money Purchase Pension Plan vs. nearby Money Purchase plans in California, assets vs. participants

IBEW Local 1245 Money Purchase Pension Plan's out-of-state Money Purchase peers by assets and headcount

Outside California, the nearest Money Purchase by assets is IBEW Local 64 Profit Sharing Plan and Trust in OH ($39M); by covered participants it is Laner Muchin Ltd Money Purchase Pension Plan in IL (51 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (51 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 IBEW Local 1245 Money Purchase Pension Plan assets move in 2022? ▼
IBEW Local 1245 Money Purchase Pension Plan declined sharply - down 20.4% during 2022, from $49M to $39M. Reported net income was -$10M.
How have Board of Trustees of IBEW 1245 Money Purchase Plan plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees of IBEW 1245 Money Purchase Plan's sponsor-wide assets grew 4.4%, from $39M to $41M.
Where does IBEW Local 1245 Money Purchase Pension Plan rank by assets among Form 5500 filers? ▼
IBEW Local 1245 Money Purchase Pension Plan ranks in the 86th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which Money Purchase plans are similar in size to IBEW Local 1245 Money Purchase Pension Plan? ▼
Among Money Purchase plans in other states, the closest by assets is IBEW Local 64 Profit Sharing Plan and Trust in OH ($39M, 347 participants).
Which Money Purchase plans cover a similar participant headcount to IBEW Local 1245 Money Purchase Pension Plan? ▼
Among Money Purchase plans in other states, the closest by covered participants is Laner Muchin Ltd Money Purchase Pension Plan in IL (51 participants, $13M in assets).