Defined Benefit (Pension) · DOL Form 5500 · 2023

Board of Trustees, Northern California Electrical Pension Plan

Data updated 2026-08-11

$657M
Total assets: 1,679
Participants: 98th
Percentile by assets: $391,361
Avg per participant

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.

98th percentile by assets (of 127,072 plans)
#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.

$657M
total plan assets (2023 EOY): 1,679
covered participants: 98th
percentile by assets (of 127,072 plans): $391,361
avg assets per participant

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 →

State

California

Industry

Construction

Participants vs California filers

In California, the average filing covers about 630 participants across 15,291 plans. Northern California Electrical Workers Pension Plan reports 1,679 participants - 2.7x that state average ($657M EOY assets).

California filing particulars

Total Assets (Beginning of Year)	$613M
Net Assets (End of Year)	$655M
Net Income	$39M
Employer EIN	946062674
Plan Effective Date	1961-12-12
Filing Status	FILING RECEIVED

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

Total plan assets by year, all Board of Trustees, Northern California Electrical plans on file

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

Kaiser Permanente Retirement Plan $33.5B · 127,356
Pacific Gas and Electric Company Retirement Plan $21.4B · 22,914
Pacific Gas and Electric Company Retirement Plan $18.0B · 25,647
Retirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc. $10.8B · 19,545
Disney Salaried Pension Plan D $10.1B · 10,813

Compare Northern California Electrical Workers P… side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Northern California Electrical Workers Pension Plan by total assets, not by location.

Totalenergies Finance USA, Inc. Pension Plan (TX) $656M · 471
Penske Cash Balance Benefit Plan (PA) $656M · 15,110
Kirkland & Ellis LLP 2011 Retirement Plan (IL) $655M · 727
Fca US LLC Consolidated Plan (MI) $660M · 1,760

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).

Next read for Northern California Electrical Workers P…

Filing takeaways

Ways to act on Northern California Electrical Workers Pension Plan's numbers.

By total assets, Northern California Electrical Workers Pension Plan ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in California. Compare plans
Board of Trustees, Northern California Electrical's sponsor-wide assets have grown 22.4% since 2022 across 3 plan years on file. More Construction plans

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.