Money Purchase · DOL Form 5500 · 2023

Trustees of Electrical Workers Local No. 294 Supp Unemploy Ben Fund Money Purchase Plan

Data updated 2026-08-25

$330K
Total assets Small plan by assets
263
Participants Below avg headcount
14th
Percentile by assets National rank
$1,254
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Electrical Workers Local No. 294 Supplemental Unemployment Benefit Fund · Sponsored by Trustees of Electrical Workers Local No. 294 Supp Unemploy Ben Fund · Minnesota · Construction

$330K in assets, 263 participants

Trustees of Electrical Workers Local No. 294 Supp Unemploy Ben Fund's Electrical Workers Local No. 294 Supplemental Unemployment Benefit Fund reported $330K in total assets and 263 participants in its 2023 DOL Form 5500 filing, ranking in the 14th 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.

  • #1,201 in Construction (9,030 peers)

Coverage in Minnesota

Electrical Workers Local No. 294 Supplemental Unemployment Benefit Fund covers 263 participants in Minnesota, about 23% of the average Minnesota filer (state average ~1,126 per filing). Assets: $330K.

#1,201
in Construction (9,030 peers)
+5.3%
assets growth YoY

Electrical Workers Local No. 294 Supplemental Unemployment Benefit Fund among the smaller filed plans by assets

Electrical Workers Local No. 294 Supplemental Unemployment Benefit Fund vs every filed plan by assets

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

$329,907 14th percentile higher than 14% 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

Electrical Workers Local No. 294 Supplemental Unemployment Benefit Fund 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. Electrical Workers Local No. 294 Supplemental Unemployment Benefit Fund sits mid-pack in the medium band (263 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Electrical Workers Local No. 294 Supplemental Unemployment Benefit Fund reported net income rose from $12K in the plan year 2022 filing to $17K in the plan year 2023 filing.
  • Electrical Workers Local No. 294 Supplemental Unemployment Benefit Fund end-of-year assets rose from $313K in the plan year 2022 filing to $330K in the plan year 2023 filing.
  • Electrical Workers Local No. 294 Supplemental Unemployment Benefit Fund reported participants rose from 257 in the plan year 2022 filing to 263 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 743081515 · Trustees of Electrical Workers Local No. 294 Supp Unemploy Ben Fund PY 2023 · Money Purchase

Electrical Workers Local No. 294 Supplemental Unemployment Benefit Fund · $330K · 263 · 14th

  • VS-ST $330K
  • VS-ST 263
  • VS-ST 14th
  • VS-ST Money Purchase
  • VS-ST near J Keith Mitchell Md Money Purchase Plan & Trust
  • VS-ST ind #1201

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 Minnesota →

Electrical Workers Local No. 294 Supplemental Unemployment Benefit Fund in the asset neighbourhood

Electrical Workers Local No. 294 Supplemental Unemployment Benefit FundElectrical Workers Local No.…$330KJ Keith Mitchell Md Money Purchase Plan & TrustJ Keith Mitchell Md Money Pu…$327KBadger Trading Co. Inc. Profit Sharing TrustBadger Trading Co. Inc. Prof…$326KHector D. Pagan Marrero Retirement PlanHector D. Pagan Marrero Reti…$325KPersonnel Administration Services Inc Employees Pension TrustPersonnel Administration Ser…$325K
End-of-year total assets ($M) among Electrical Workers Local No. 294 Supplemental Unemployment Benefit Fund and nearest nationwide Money Purchase peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$313K
Net Assets (End of Year)$330K
Net Income$17K
Employer EIN743081515
Plan Effective Date2004-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Trustees of Electrical Workers Local No. 294 Supp Unemploy Ben Fund)

Sponsor-wide plan assets over time

All Trustees of Electrical Workers Local No. 294 Supp Unemploy Ben Fund plans reported in each filing year

Latest sponsor-wide plan assets
$346K 10.46003466779885% vs 2022
2024 filing year
$0.3M$0.32M$0.34M$0.36M 202220232024 $0.31M $0.35M ▲ +12.9%
Year Plans Participants Total Assets
2022 1 257 $313K
2023 1 263 $330K
2024 1 284 $346K

Nearby Money Purchase Plans in Minnesota

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

Electrical Workers Local No. 294 Supplemental Unemployment Benefit Fund vs. nearby Money Purchase plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -200002000400060008000 -1000100200300400500 Total assets ($M) Participants Electrical Workers Local No. 294 Supplemental Unemployment Benefit Fund, Total assets ($M): 0.329907 · Participants: 263Electrical Workers Local No. 294 Supplemental Unemployment Benefit FundThrivent Capital Accumulation Plan, Total assets ($M): 418.908952 · Participants: 1896Thrivent Capital Accumulation PlanSt. Paul Electrical Construction Workers Supplemental Pension Plan, Total assets ($M): 292.436249 · Participants: 3139St. Paul Electrical Construction Workers Supplemental Pension PlanBoilermakers Lodge 154 Retirement Plan, Total assets ($M): 157.391252 · Participants: 7060Boilermakers Lodge 154 Retirement PlanCentral Iowa Carpenters Money Purchase Plan, Total assets ($M): 124.918315 · Participants: 1134Central Iowa Carpenters Money Purchase PlanBe the Match/Nmdp Employer Contribution Plan, Total assets ($M): 102.109567 · Participants: 1587Be the Match/Nmdp Employer Contribution Plan
Electrical Workers Local No. 294 Supplemental Unemployment Benefit Fund vs. nearby Money Purchase plans in Minnesota, assets vs. participants

Electrical Workers Local No. 294 Supplemental Unemployment Benefit Fund's out-of-state Money Purchase peers by assets and headcount

Outside Minnesota, the nearest Money Purchase by assets is J Keith Mitchell Md Money Purchase Plan & Trust in AR ($327K); by covered participants it is National Democratic Institute for International Affairs Money Purchase Pension Plan in DC (263 participants). Same-state nearby plans are listed separately above.

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 Electrical Workers Local No. 294 Supplemental Unemployment Benefit Fund assets move in 2023?
Electrical Workers Local No. 294 Supplemental Unemployment Benefit Fund grew at a solid clip - up 5.3% during 2023, from $313K to $330K. Reported net income was $17K.
How have Trustees of Electrical Workers Local No. 294 Supp Unemploy Ben Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Trustees of Electrical Workers Local No. 294 Supp Unemploy Ben Fund's sponsor-wide assets grew 10.5%, from $313K to $346K.
Where does Electrical Workers Local No. 294 Supplemental Unemployment Benefit Fund rank by assets among Form 5500 filers?
Electrical Workers Local No. 294 Supplemental Unemployment Benefit Fund ranks in the 14th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the smaller plans by assets on file).
Which Money Purchase plans are similar in size to Electrical Workers Local No. 294 Supplemental Unemployment Benefit Fund?
Among Money Purchase plans in other states, the closest by assets is J Keith Mitchell Md Money Purchase Plan & Trust in AR ($327K, 5 participants).
Which Money Purchase plans cover a similar participant headcount to Electrical Workers Local No. 294 Supplemental Unemployment Benefit Fund?
Among Money Purchase plans in other states, the closest by covered participants is National Democratic Institute for International Affairs Money Purchase Pension Plan in DC (263 participants, $56M in assets).