Money Purchase · DOL Form 5500 · 2023

New England Electrical Workers Money Purchase Plan and Trust Money Purchase Plan

Data updated 2026-08-25

$746M
Total assets Above avg plan size
8,403
Participants Very large workforce
98th
Percentile by assets National rank
$88,783
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: New England Electrical Workers Money Purchase Plan and Trust · Sponsored by New England Electrical Workers Money Purchase Plan and Trust · Connecticut · Construction

$746M in assets, 8,403 participants

New England Electrical Workers Money Purchase Plan and Trust's New England Electrical Workers Money Purchase Plan and Trust reported $746M in total assets and 8,403 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.

  • #8,872 in Construction (9,030 peers)

Coverage in Connecticut

New England Electrical Workers Money Purchase Plan and Trust covers 8,403 participants in Connecticut, 12x the typical Connecticut plan (state average ~718 per filing). Assets: $746M.

#8,872
in Construction (9,030 peers)
+22.8%
assets growth YoY
7.5×
vs typical plan assets (national mean)

New England Electrical Workers Money Purchase Plan and Trust's outsized position by total assets

New England Electrical Workers Money Purchase Plan and Trust vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$746,047,151 Top 2% higher than 98% of 127,068 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 2023

New England Electrical Workers Money Purchase Plan and Trust's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. New England Electrical Workers Money Purchase Plan and Trust lands in the large band (8,403 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • New England Electrical Workers Money Purchase Plan and Trust reported net income rose from -$51M in the plan year 2022 filing to $137M in the plan year 2023 filing.
  • New England Electrical Workers Money Purchase Plan and Trust end-of-year assets rose from $608M in the plan year 2022 filing to $746M in the plan year 2023 filing.
  • New England Electrical Workers Money Purchase Plan and Trust reported participants rose from 7,904 in the plan year 2022 filing to 8,403 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 060962207 · New England Electrical Workers Money Purchase Plan and Trust PY 2023 · Money Purchase

New England Electrical Workers Money Purchase Plan and Trust · $746M · 8,403 · 98th

  • NET $746M
  • NET 8,403
  • NET 98th
  • NET Money Purchase
  • NET near Retirement Plan for Employees of Fermi Research Alliance, LLC
  • NET ind #8872

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 Construction retirement plans → · Plans in Connecticut →

New England Electrical Workers Money Purchase Plan and Trust in the asset neighbourhood

Pacific Coast Benefits Trust FundPacific Coast Benefits Trust…$786MRetirement Plan for Employees of Fermi Research Alliance, LLCRetirement Plan for Employee…$751MNew England Electrical Workers Money Purchase Plan and TrustNew England Electrical Worke…$746MPipefitters Local Union No. 537 Deferred Income Annuity Fund Individual Account PlanPipefitters Local Union No. …$739MSaint Louis University Retirement PlanSaint Louis University Retir…$709M
End-of-year total assets ($M) among New England Electrical Workers Money Purchase Plan and Trust and nearest nationwide Money Purchase peers. Source: DOL Form 5500 plan year 2023.

Connecticut filing particulars

Total Assets (Beginning of Year)$608M
Net Assets (End of Year)$740M
Net Income$137M
Employer EIN060962207
Plan Effective Date1976-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (New England Electrical Workers Money Purchase Plan and Trust)

Sponsor-wide plan assets over time

All New England Electrical Workers Money Purchase Plan and Trust plans reported in each filing year

Latest sponsor-wide plan assets
$870M 43.26538836127373% vs 2022
2024 filing year
$500M$600M$700M$800M$900M 202220232024 $608M $870M ▲ +43.3%
Year Plans Participants Total Assets
2022 1 7,904 $608M
2023 1 8,403 $746M
2024 1 9,637 $870M

Nearby Money Purchase Plans in Connecticut

Peer Money Purchase plans, same state, same plan type, ranked by total assets.

New England Electrical Workers Money Purchase Plan and Trust vs. nearby Money Purchase plans in Connecticut, assets vs. participants Scatter plot of 6 data points. 0200040006000800010000 -2000200400600800 Total assets ($M) Participants New England Electrical Workers Money Purchase Plan and Trust, Total assets ($M): 746.047151 · Participants: 8403New England Electrical Workers Money Purchase Plan and TrustEquinor US Holdings Inc. Money Purchase Pension Plan, Total assets ($M): 173.736211 · Participants: 626Equinor US Holdings Inc. Money Purchase Pension PlanSouthern Ct IBEW Annuity Plan, Total assets ($M): 78.724205 · Participants: 467Southern Ct IBEW Annuity PlanMoney Purchase Retirement Plan of U.a. Local 716, Total assets ($M): 36.06523 · Participants: 447Money Purchase Retirement Plan of U.a. Local 716IBEW Local No. 223 Deferred Income Plan, Total assets ($M): 27.50459 · Participants: 556IBEW Local No. 223 Deferred Income PlanSwisher International Inc. Defined Contribution Plan for Salaried Employees, Total assets ($M): 22.176855 · Participants: 481Swisher International Inc. Defined Contribution Plan for Salaried Employees
New England Electrical Workers Money Purchase Plan and Trust vs. nearby Money Purchase plans in Connecticut, assets vs. participants
Compare New England Electrical Workers Money Purchase Plan and Trust side-by-side with 3 peers →

Scale composition for New England Electrical Workers Money Purchase Plan and Trust

New England Electrical Workers Money Purchase Plan and Trust reports $746M in end-of-year assets across 8,403 participants (0.006% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.009% of 93,925,755 covered participants) - about $88,783 per participant (64% of the national average assets-per-participant) . Net income for plan year 2023 was $137M.

This plan identity (EIN 060962207, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $608M to $870M (+43.3%) while covered participants moved from 7,904 to 9,637 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 7,904 $608M Open filing
2023 8,403 $746M This page
2024 · index core 9,637 $870M Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

New England Electrical Workers Money Purchase Plan and Trust's out-of-state Money Purchase peers by assets and headcount

Outside Connecticut, the nearest Money Purchase by assets is Retirement Plan for Employees of Fermi Research Alliance, LLC in IL ($751M); by covered participants it is Electrical Workers Deferred Income Plan Local 103, I.B.E.W. in MA (8,337 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (8,403 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did New England Electrical Workers Money Purchase Plan and Trust assets move in 2023? ▼
New England Electrical Workers Money Purchase Plan and Trust grew sharply - up 22.8% during 2023, from $608M to $746M. Reported net income was $137M.
How have New England Electrical Workers Money Purchase Plan and Trust plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), New England Electrical Workers Money Purchase Plan and Trust's sponsor-wide assets grew 43.3%, from $608M to $870M.
Where does New England Electrical Workers Money Purchase Plan and Trust rank by assets among Form 5500 filers? ▼
New England Electrical Workers Money Purchase Plan and Trust ranks in the 98th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which Money Purchase plans are similar in size to New England Electrical Workers Money Purchase Plan and Trust? ▼
Among Money Purchase plans in other states, the closest by assets is Retirement Plan for Employees of Fermi Research Alliance, LLC in IL ($751M, 1,685 participants).
Which Money Purchase plans cover a similar participant headcount to New England Electrical Workers Money Purchase Plan and Trust? ▼
Among Money Purchase plans in other states, the closest by covered participants is Electrical Workers Deferred Income Plan Local 103, I.B.E.W. in MA (8,337 participants, $1.6B in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 060962207.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.