Money Purchase · DOL Form 5500 · 2023

IBEW 375 Electricians' Retirement Plan Money Purchase Plan

Data updated 2026-08-25

$170M
Total assets Near avg plan size
658
Participants Below avg headcount
94th
Percentile by assets National rank
$258,379
Avg per participant Above avg balance/head
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Official DOL plan name: IBEW Local Union 375 Electricians' Retirement Plan · Sponsored by IBEW 375 Electricians' Retirement Plan · Pennsylvania · Construction

$170M in assets, 658 participants

IBEW 375 Electricians' Retirement Plan's IBEW Local Union 375 Electricians' Retirement Plan reported $170M in total assets and 658 participants in its 2023 DOL Form 5500 filing, ranking in the 94th 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.

  • #8,382 in Construction (9,030 peers)

Where IBEW Local Union 375 Electricians' Retirement Plan sits by assets

IBEW Local Union 375 Electricians' Retirement Plan sits in the top 10% of all filed plans by assets, $170M for 658 participants (~$258,379/participant), up 16.8% in 2023.

#8,382
in Construction (9,030 peers)
+16.8%
assets growth YoY
1.7×
vs typical plan assets (national mean)

IBEW Local Union 375 Electricians' Retirement Plan's outsized position by total assets

IBEW Local Union 375 Electricians' Retirement Plan vs every filed plan by assets

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

$170,013,061 Top 6% higher than 94% 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

IBEW Local Union 375 Electricians' Retirement Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. IBEW Local Union 375 Electricians' Retirement Plan sits mid-pack in the medium band (658 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • IBEW Local Union 375 Electricians' Retirement Plan reported net income rose from -$27M in the plan year 2022 filing to $25M in the plan year 2023 filing.
  • IBEW Local Union 375 Electricians' Retirement Plan end-of-year assets rose from $146M in the plan year 2022 filing to $170M in the plan year 2023 filing.
  • IBEW Local Union 375 Electricians' Retirement Plan reported participants rose from 645 in the plan year 2022 filing to 658 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 232055388 · IBEW 375 Electricians' Retirement Plan PY 2023 · Money Purchase

IBEW Local Union 375 Electricians' Retirement Plan · $170M · 658 · 94th

  • PART $170M
  • TYPE 658
  • NET 94th
  • BOOK Money Purchase
  • VS-ST near Research Foundation for Mental Hygiene, Inc. DC Retirement Plan
  • BOY ind #8382

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 Pennsylvania →

IBEW Local Union 375 Electricians' Retirement Plan in the asset neighbourhood

Plumbers and Steamfitters Local 440 Defined Contribution PlanPlumbers and Steamfitters Lo…$173MChoate, Hall & Stewart LLP Profit-Sharing Retirement PlanChoate, Hall & Stewart LLP P…$172MResearch Foundation for Mental Hygiene, Inc. DC Retirement PlanResearch Foundation for Ment…$171MIBEW Local Union 375 Electricians' Retirement PlanIBEW Local Union 375 Electri…$170MPlumbers & Pipefitters Lu 286 Money Purchase PlanPlumbers & Pipefitters Lu 28…$169M
End-of-year total assets ($M) among IBEW Local Union 375 Electricians' Retirement Plan and nearest nationwide Money Purchase peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$146M
Net Assets (End of Year)$170M
Net Income$25M
Employer EIN232055388
Plan Effective Date1976-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (IBEW 375 Electricians' Retirement Plan)

Sponsor-wide plan assets over time

All IBEW 375 Electricians' Retirement Plan plans reported in each filing year

Latest sponsor-wide plan assets
$193M 32.853136482297224% vs 2022
2024 filing year
$140M$160M$180M$200M 202220232024 $146M $193M ▲ +32.9%
Year Plans Participants Total Assets
2022 1 645 $146M
2023 1 658 $170M
2024 1 657 $193M

Nearby Money Purchase Plans in Pennsylvania

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

IBEW Local Union 375 Electricians' Retirement Plan vs. nearby Money Purchase plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. 01000200030004000 02004006008001000 Total assets ($M) Participants IBEW Local Union 375 Electricians' Retirement Plan, Total assets ($M): 170.013061 · Participants: 658IBEW Local Union 375 Electricians' Retirement PlanCentral Pennsylvania Teamsters Retirement Income Plan 1987, Total assets ($M): 877.450231 · Participants: 3684Central Pennsylvania Teamsters Retirement Income Plan 1987Duane Morris Retirement Plan, Total assets ($M): 321.029187 · Participants: 478Duane Morris Retirement PlanMilton Hershey School Money Purchase Pension Plan, Total assets ($M): 161.591269 · Participants: 1331Milton Hershey School Money Purchase Pension PlanRetirement Plan for Faculty, Administrative and Professional Employees of University of Scranton, Total assets ($M): 145.172051 · Participants: 632Retirement Plan for Faculty, Administrative and Professional Employees of University of ScrantonDentons Cohen & Grigsby P.C. Pension Plan, Total assets ($M): 142.684707 · Participants: 182Dentons Cohen & Grigsby P.C. Pension Plan
IBEW Local Union 375 Electricians' Retirement Plan vs. nearby Money Purchase plans in Pennsylvania, assets vs. participants

IBEW Local Union 375 Electricians' Retirement Plan's out-of-state Money Purchase peers by assets and headcount

Outside Pennsylvania, the nearest Money Purchase by assets is Research Foundation for Mental Hygiene, Inc. DC Retirement Plan in NY ($171M); by covered participants it is I.a.T.S.E. Atlanta Annuity Trust in TN (661 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (658 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 IBEW Local Union 375 Electricians' Retirement Plan assets move in 2023?
IBEW Local Union 375 Electricians' Retirement Plan grew sharply - up 16.8% during 2023, from $146M to $170M. Reported net income was $25M.
How have IBEW 375 Electricians' Retirement Plan plan assets changed over time?
Across 3 plan years on file (2022-2024), IBEW 375 Electricians' Retirement Plan's sponsor-wide assets grew 32.9%, from $146M to $193M.
Where does IBEW Local Union 375 Electricians' Retirement Plan rank by assets among Form 5500 filers?
IBEW Local Union 375 Electricians' Retirement Plan ranks in the 94th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which Money Purchase plans are similar in size to IBEW Local Union 375 Electricians' Retirement Plan?
Among Money Purchase plans in other states, the closest by assets is Research Foundation for Mental Hygiene, Inc. DC Retirement Plan in NY ($171M, 1,122 participants).
Which Money Purchase plans cover a similar participant headcount to IBEW Local Union 375 Electricians' Retirement Plan?
Among Money Purchase plans in other states, the closest by covered participants is I.a.T.S.E. Atlanta Annuity Trust in TN (661 participants, $4M in assets).