Money Purchase · DOL Form 5500 · 2022
Joint Board of Trustees, Electrical Money Purchase Plan
Data updated 2026-08-06
- $1.4B
- Total assets
- 8,275
- Participants
- 99th
- Percentile by assets
- $174,234
- Avg per participant
Official DOL plan name: Electrical Workers Deferred Income Plan Local 103, I.B.E.W. · Sponsored by Joint Board of Trustees, Electrical · Massachusetts · Utilities
$1.4B in assets, 8,275 participants
Joint Board of Trustees, Electrical's Electrical Workers Deferred Income Plan Local 103, I.B.E.W. reported $1.4B in total assets and 8,275 participants in its 2022 DOL Form 5500 filing, ranking in the 99th 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.
- 99th percentile by assets (of 139,258 plans)
- #684 in Utilities (739 peers)
Coverage in Massachusetts
Electrical Workers Deferred Income Plan Local 103, I.B.E.W. covers 8,275 participants in Massachusetts, 13x the typical Massachusetts plan (state average ~641 per filing). Assets: $1.4B.
- $1.4B
- total plan assets (2022 EOY)
- 8,275
- covered participants
- 99th
- percentile by assets (of 139,258 plans)
- $174,234
- avg assets per participant
Participants vs Massachusetts filers
In Massachusetts, the average filing covers about 641 participants across 3,941 plans. Electrical Workers Deferred Income Plan Local 103, I.B.E.W. reports 8,275 participants - 13x that state average ($1.4B EOY assets).
Massachusetts filing particulars
| Total Assets (Beginning of Year) | $1.4B |
|---|---|
| Net Assets (End of Year) | $1.4B |
| Net Income | $87M |
| Employer EIN | 042471895 |
| Plan Effective Date | 1970-07-29 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Joint Board of Trustees, Electrical)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 8,275 | $1.4B |
| 2023 | 1 | 8,337 | $1.6B |
Nearby Money Purchase Plans in Massachusetts
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
Electrical Workers Deferred Income Plan Local 103, I.B.E.W. vs. nearby Money Purchase plans in Massachusetts, assets vs. participants
- The Mitre Corporation Qualified Retirement Plan $2.2B · 12,021
- Massachusetts Laborers' Annuity Fund $2.0B · 11,530
- Retirement Income Plan for Teaching Faculty of Harvard University $1.9B · 2,698
- Harvard University Defined Contribution Retirement Plan $1.5B · 12,417
- Tufts University Basic Retirement Plan $819M · 7,042
Similar-Sized Money Purchase Plans Nationally
Money Purchase plans in other states closest to Electrical Workers Deferred Income Plan Local 103, I.B.E.W. by total assets, not by location.
- Local No. 1 IBEW Pension Benefit Trust Fund (MO) $1.5B · 4,522
- Laborers Annuity Plan for Northern California (CA) $1.4B · 30,063
- Employees Retirement Plan of Marshfield Clinic (WI) $1.3B · 8,253
- The Sherwin-Williams Company Salaried Employees' Revised Pension Investment Plan (OH) $1.3B · 44,824
Frequently Asked Questions
How did Electrical Workers Deferred Income Plan Local 103, I.B.E.W. assets move in 2022? ▼
How have Joint Board of Trustees, Electrical plan assets changed over time? ▼
Where does Electrical Workers Deferred Income Plan Local 103, I.B.E.W. rank by assets among Form 5500 filers? ▼
Which Money Purchase plans are similar in size to Electrical Workers Deferred Income Plan Local 103, I.B.E.W.? ▼
Next read for Electrical Workers Deferred Income Plan …
Filing takeaways
Ways to act on Electrical Workers Deferred Income Plan Local 103, I.B.E.W.'s numbers.
- By total assets, Electrical Workers Deferred Income Plan Local 103, I.B.E.W. ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar Money Purchase plans in Massachusetts. Compare plans
- Joint Board of Trustees, Electrical's sponsor-wide assets have grown 13.3% since 2022 across 2 plan years on file. More Utilities plans