Defined Benefit (Pension) · DOL Form 5500 · 2023

Board of Trustees, Northern California Electrical Pension Plan

Data updated 2026-08-25

$657M
Total assets Above avg plan size
1,679
Participants Near avg headcount
98th
Percentile by assets National rank
$391,361
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Northern California Electrical Workers Pension Plan · Sponsored by Board of Trustees, Northern California Electrical · California · Construction

$657M in assets, 1,679 participants

Board of Trustees, Northern California Electrical's Northern California Electrical Workers Pension Plan reported $657M in total assets and 1,679 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.

  • #8,844 in Construction (9,030 peers)

Coverage in California

Northern California Electrical Workers Pension Plan covers 1,679 participants in California, 2.7x the typical California plan (state average ~630 per filing). Assets: $657M.

#8,844
in Construction (9,030 peers)
+7.3%
assets growth YoY
6.6×
vs typical plan assets (national mean)

Northern California Electrical Workers Pension Plan's outsized position by total assets

Northern California Electrical Workers Pension Plan vs every filed plan by assets

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

$657,094,601 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

Northern California Electrical Workers Pension 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. Northern California Electrical Workers Pension Plan lands in the large band (1,679 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Northern California Electrical Workers Pension Plan reported net income rose from -$113M in the plan year 2022 filing to $39M in the plan year 2023 filing.
  • Northern California Electrical Workers Pension Plan reported participants fell from 1,840 in the plan year 2022 filing to 1,679 in the plan year 2023 filing.
  • Northern California Electrical Workers Pension Plan end-of-year assets rose from $613M in the plan year 2022 filing to $657M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 946062674 · Board of Trustees, Northern California Electrical PY 2023 · Defined Benefit (Pension)

Northern California Electrical Workers Pension Plan · $657M · 1,679 · 98th

  • RANK $657M
  • PHOTO 1,679
  • IND 98th
  • EOY Defined Benefit (Pension)
  • 5500 near Totalenergies Finance USA, Inc. Pension Plan
  • ASSETS ind #8844

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 California →

Northern California Electrical Workers Pension Plan in the asset neighbourhood

Fca US LLC Consolidated Plan$660MNorthern California Electrical Workers Pension PlanNorthern California Electric…$657MTotalenergies Finance USA, Inc. Pension PlanTotalenergies Finance USA, I…$656MPenske Cash Balance Benefit PlanPenske Cash Balance Benefit …$656MKirkland & Ellis LLP 2011 Retirement PlanKirkland & Ellis LLP 2011 Re…$655M
End-of-year total assets ($M) among Northern California Electrical Workers Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

California filing particulars

Total Assets (Beginning of Year)$613M
Net Assets (End of Year)$655M
Net Income$39M
Employer EIN946062674
Plan Effective Date1961-12-12
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees, Northern California Electrical)

Sponsor-wide plan assets over time

All Board of Trustees, Northern California Electrical plans reported in each filing year

Latest sponsor-wide plan assets
$1.4B 22.379106436280416% vs 2022
2024 filing year
$1B$1.1B$1.2B$1.3B$1.4B 202220232024 $1.12B $1.37B ▲ +22.3%
Year Plans Participants Total Assets
2022 2 4,409 $1.1B
2023 2 4,116 $1.3B
2024 2 3,693 $1.4B

Nearby Defined Benefit (Pension) Plans in California

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Northern California Electrical Workers Pension Plan vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants Northern California Electrical Workers Pension Plan, Total assets ($B): 0.657094601 · Participants: 1679Northern California Electrical Workers Pension PlanKaiser Permanente Retirement Plan, Total assets ($B): 33.538817099 · Participants: 127356Kaiser Permanente Retirement PlanPacific Gas and Electric Company Retirement Plan, Total assets ($B): 21.40954351 · Participants: 22914Pacific Gas and Electric Company Retirement PlanPacific Gas and Electric Company Retirement Plan, Total assets ($B): 17.980531142 · Participants: 25647Pacific Gas and Electric Company Retirement PlanRetirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc., Total assets ($B): 10.814691143 · Participants: 19545Retirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc.Disney Salaried Pension Plan D, Total assets ($B): 10.057095066 · Participants: 10813Disney Salaried Pension Plan D
Northern California Electrical Workers Pension Plan vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants
Compare Northern California Electrical Workers Pension Plan side-by-side with 3 peers →

Northern California Electrical Workers Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside California, the nearest Defined Benefit (Pension) by assets is Totalenergies Finance USA, Inc. Pension Plan in TX ($656M); by covered participants it is Thermo Fisher Scientific Inc. Retirement Plan in PA (1,679 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($657M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,679 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 Northern California Electrical Workers Pension Plan assets move in 2023? ▼
Northern California Electrical Workers Pension Plan grew at a solid clip - up 7.3% during 2023, from $613M to $657M. Reported net income was $39M.
How have Board of Trustees, Northern California Electrical plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees, Northern California Electrical's sponsor-wide assets grew 22.4%, from $1.1B to $1.4B.
Where does Northern California Electrical Workers Pension Plan rank by assets among Form 5500 filers? ▼
Northern California Electrical Workers Pension Plan 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 Defined Benefit (Pension) plans are similar in size to Northern California Electrical Workers Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Totalenergies Finance USA, Inc. Pension Plan in TX ($656M, 471 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Northern California Electrical Workers Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Thermo Fisher Scientific Inc. Retirement Plan in PA (1,679 participants, $947M 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 946062674.

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.