Money Purchase
2022 plan-year Money Purchase DOL Form 5500

ELECTRICAL WORKERS DEFERRED INCOME PLAN LOCAL 103, I.B.E.W.

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

JOINT BOARD OF TRUSTEES, ELECTRICAL

This Money Purchase plan holds $1.4B in total assets and serves 8,275 participants as of 2022. It is sponsored by JOINT BOARD OF TRUSTEES, ELECTRICAL in Massachusetts. The plan reported positive net income of $87M for the year.

Total Assets (2023)
$1.4B
Participants
8,275
Industry
Utilities

What the Filing Says About ELECTRICAL WORKERS DEFERRED INCOME PLAN LOCAL 103, I.B.E.W.

ELECTRICAL WORKERS DEFERRED INCOME PLAN LOCAL 103, I.B.E.W. is a Money Purchase retirement plan sponsored by JOINT BOARD OF TRUSTEES, ELECTRICAL, headquartered in Massachusetts. As of the 2022 Form 5500 filing, the plan reports $1.4B in total end-of-year assets and covers 8,275 participants across the Utilities industry. The sponsor's EIN on file with the U.S. Department of Labor is 042471895, and the plan has been effective since 1970-07-29. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $1.4B at the beginning of 2022 to $1.4B at year-end — a gain of 6.4%. Net assets (after liabilities) closed the year at $1.4B, with reported net income of $87M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 1 prior plan-year filing from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$1.4B
Total Assets (End of Year)$1.4B
Net Assets (End of Year)$1.4B
Net Income$87M
Plan TypeMoney Purchase
Employer EIN042471895
Plan Effective Date1970-07-29
Filing StatusFILING 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.

Frequently Asked Questions

How much money is in the ELECTRICAL WORKERS DEFERRED INCOME PLAN LOCAL 103, I.B.E.W.?
As of the 2022 Form 5500 filing, ELECTRICAL WORKERS DEFERRED INCOME PLAN LOCAL 103, I.B.E.W. holds $1.4B in total assets with 8,275 participants. It is sponsored by JOINT BOARD OF TRUSTEES, ELECTRICAL.
What type of plan is ELECTRICAL WORKERS DEFERRED INCOME PLAN LOCAL 103, I.B.E.W.?
ELECTRICAL WORKERS DEFERRED INCOME PLAN LOCAL 103, I.B.E.W. is a Money Purchase plan. It has been effective since 1970-07-29. The plan is filed with the U.S. Department of Labor under EIN 042471895.
Who sponsors the ELECTRICAL WORKERS DEFERRED INCOME PLAN LOCAL 103, I.B.E.W.?
ELECTRICAL WORKERS DEFERRED INCOME PLAN LOCAL 103, I.B.E.W. is sponsored by JOINT BOARD OF TRUSTEES, ELECTRICAL, located in Massachusetts. The sponsor's EIN is 042471895 and the plan operates in the Utilities industry.
How did ELECTRICAL WORKERS DEFERRED INCOME PLAN LOCAL 103, I.B.E.W. perform in 2022?
ELECTRICAL WORKERS DEFERRED INCOME PLAN LOCAL 103, I.B.E.W. grew by 6.4% during 2022, moving from $1.4B to $1.4B in total assets. Net income was $87M.
Where can I find official filings for ELECTRICAL WORKERS DEFERRED INCOME PLAN LOCAL 103, I.B.E.W.?
Official Form 5500 filings for ELECTRICAL WORKERS DEFERRED INCOME PLAN LOCAL 103, I.B.E.W. are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 042471895 or plan name at efast.dol.gov.
How does ELECTRICAL WORKERS DEFERRED INCOME PLAN LOCAL 103, I.B.E.W. compare to other plans?
You can compare ELECTRICAL WORKERS DEFERRED INCOME PLAN LOCAL 103, I.B.E.W. against other Money Purchase plans on the plan type page, or view plans in Massachusetts on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 042471895.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.