Money Purchase · DOL Form 5500 · 2022
Joint Board of Trustees, Electrical Money Purchase Plan
Data updated 2026-08-25
- $1.4B
- Total assets Very large vs avg
- 8,275
- Participants Very large workforce
- 99th
- Percentile by assets National rank
- $174,234
- Avg per participant Above avg balance/head
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.
- #683 in Utilities (738 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 ~659 per filing). Assets: $1.4B.
- #683
- in Utilities (738 peers)
- +6.4%
- assets growth YoY
- 14×
- vs typical plan assets (national mean)
Electrical Workers Deferred Income Plan Local 103, I.B.E.W.'s outsized position by total assets
Electrical Workers Deferred Income Plan Local 103, I.B.E.W. vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$1,441,786,632 Top 1% higher than 99% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Electrical Workers Deferred Income Plan Local 103, I.B.E.W.'s large-plan peer group by participant headcount
Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Electrical Workers Deferred Income Plan Local 103, I.B.E.W. lands in the large band (8,275 participants).
Published 5500 schedule card
Filing strip 042471895 · Joint Board of Trustees, Electrical PY 2022 · Money Purchase
Electrical Workers Deferred Income Plan Local 103, I.B.E.W. · $1.4B · 8,275 · 99th
- RANK $1.4B
- RANK 8,275
- RANK 99th
- RANK Money Purchase
- RANK near Local No. 1 IBEW Pension Benefit Trust Fund
- RANK ind #683
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 Massachusetts →
Electrical Workers Deferred Income Plan Local 103, I.B.E.W. in the asset neighbourhood
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)
Sponsor-wide plan assets over time
All Joint Board of Trustees, Electrical plans reported in each filing year
- Latest sponsor-wide plan assets
- $1.8B 23.062443264489914% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 8,275 | $1.4B |
| 2023 | 1 | 8,337 | $1.6B |
| 2024 | 1 | 8,421 | $1.8B |
Nearby Money Purchase Plans in Massachusetts
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
- 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
Scale composition for Electrical Workers Deferred Income Plan Local 103, I.B.E.W.
Electrical Workers Deferred Income Plan Local 103, I.B.E.W. reports $1.4B in end-of-year assets across 8,275 participants (0.012% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.009% of 93,925,755 covered participants) - about $174,234 per participant (1.3x the national average assets-per-participant) . Net income for plan year 2022 was $87M.
This plan identity (EIN 042471895, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.4B to $1.8B (+23.1%) while covered participants moved from 8,275 to 8,421 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 8,275 | $1.4B | This page |
| 2023 | 8,337 | $1.6B | Open filing |
| 2024 · index core | 8,421 | $1.8B | Open filing |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Electrical Workers Deferred Income Plan Local 103, I.B.E.W. (Money Purchase, $1.8B, 8,421 participants)
Electrical Workers Deferred Income Plan Local 103, I.B.E.W.'s out-of-state Money Purchase peers by assets and headcount
Outside Massachusetts, the nearest Money Purchase by assets is Local No. 1 IBEW Pension Benefit Trust Fund in MO ($1.5B); by covered participants it is South Central Annuity Fund in TX (8,341 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($1.4B here).
- 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
Similar participant headcount
Nearest other-state filings by covered participants (8,275 participants); asset peers above are excluded.
- South Central Annuity Fund (TX) 8,341 · 66 off
- Rhode Island Laborers Annuity Fund (RI) 8,566 · 291 off
- New England Electrical Workers Money Purchase Plan and Trust (CT) 7,904 · 371 off
- The Johns Hopkins University Applied Physics Laboratory Pension Plan a (MD) 8,647 · 372 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.