Money Purchase · DOL Form 5500 · 2023
Local Union 306 IBEW Pension Annuity Fund Trustees Money Purchase Plan
Data updated 2026-08-25
- $263M
- Total assets Near avg plan size
- 1,121
- Participants Near avg headcount
- 96th
- Percentile by assets National rank
- $234,847
- Avg per participant Above avg balance/head
Official DOL plan name: Local Union No 306 IBEW Pension Annuity Plan · Sponsored by Local Union 306 IBEW Pension Annuity Fund Trustees · Ohio · Construction
$263M in assets, 1,121 participants
Local Union 306 IBEW Pension Annuity Fund Trustees's Local Union No 306 IBEW Pension Annuity Plan reported $263M in total assets and 1,121 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.
- #8,571 in Construction (9,030 peers)
Where Local Union No 306 IBEW Pension Annuity Plan sits by assets
Local Union No 306 IBEW Pension Annuity Plan sits in the top 5% of all filed plans by assets, $263M for 1,121 participants (~$234,847/participant), up 13.6% in 2023.
- #8,571
- in Construction (9,030 peers)
- +13.6%
- assets growth YoY
- 2.6×
- vs typical plan assets (national mean)
Local Union No 306 IBEW Pension Annuity Plan's outsized position by total assets
Local Union No 306 IBEW Pension Annuity Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$263,263,297 Top 4% higher than 96% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Local Union No 306 IBEW Pension Annuity Plan'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. Local Union No 306 IBEW Pension Annuity Plan lands in the large band (1,121 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Local Union No 306 IBEW Pension Annuity Plan reported net income rose from -$36M in the plan year 2022 filing to $31M in the plan year 2023 filing.
- Local Union No 306 IBEW Pension Annuity Plan end-of-year assets rose from $232M in the plan year 2022 filing to $263M in the plan year 2023 filing.
- Local Union No 306 IBEW Pension Annuity Plan reported participants fell from 1,135 in the plan year 2022 filing to 1,121 in the plan year 2023 filing.
Form 5500 schedule snapshot
Filing strip 346689590 · Local Union 306 IBEW Pension Annuity Fund Trustees PY 2023 · Money Purchase
Local Union No 306 IBEW Pension Annuity Plan · $263M · 1,121 · 96th
- IND $263M
- IND 1,121
- IND 96th
- IND Money Purchase
- IND near Massachusetts Bricklayers & Masons Annuity Fund
- IND ind #8571
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 Ohio →
Local Union No 306 IBEW Pension Annuity Plan in the asset neighbourhood
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $232M |
|---|---|
| Net Assets (End of Year) | $263M |
| Net Income | $31M |
| Employer EIN | 346689590 |
| Plan Effective Date | 1971-11-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Local Union 306 IBEW Pension Annuity Fund Trustees)
Sponsor-wide plan assets over time
All Local Union 306 IBEW Pension Annuity Fund Trustees plans reported in each filing year
- Latest sponsor-wide plan assets
- $302M 30.385437008092435% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 1,135 | $232M |
| 2023 | 1 | 1,121 | $263M |
| 2024 | 1 | 1,151 | $302M |
Nearby Money Purchase Plans in Ohio
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
- The Sherwin-Williams Company Salaried Employees' Revised Pension Investment Plan $1.6B · 47,282
- The Cleveland Clinic Foundation Cash Balance Plan $1.4B · 4,739
- Iron Workers District Council of So Oh & Vicinity Annuity Trust $476M · 6,936
- Baker & Hostetler LLP Basic/Step-Rate Retirement Plan $473M · 1,004
- University of Dayton Defined Contribution Retirement Plan $348M · 3,080
Local Union No 306 IBEW Pension Annuity Plan's out-of-state Money Purchase peers by assets and headcount
Outside Ohio, the nearest Money Purchase by assets is Massachusetts Bricklayers & Masons Annuity Fund in MA ($263M); by covered participants it is Komatsu America Corp. Target Benefit/Defined Contribution Plan in IL (1,121 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($263M here).
- Massachusetts Bricklayers & Masons Annuity Fund (MA) $263M · 2,120
- Sharp Rees-Stealy Medical Group, Inc. Money Purchase Pension Plan (CA) $265M · 353
- The Legal Aid Society Staff Attorneys Pension Plan (NY) $265M · 1,086
- Arkansas Chapter NECA-IBEW Retirement Plan (AR) $265M · 1,178
Similar participant headcount
Nearest other-state filings by covered participants (1,121 participants); asset peers above are excluded.
- Komatsu America Corp. Target Benefit/Defined Contribution Plan (IL) 1,121 · 0 off
- Research Foundation for Mental Hygiene, Inc. DC Retirement Plan (NY) 1,122 · 1 off
- Sacramento Area Electrical Workers Pension and Profit Sharing Plan (CA) 1,118 · 3 off
- Grand Lake Mental Health Center Money Purchase Plan (OK) 1,116 · 5 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.