Money Purchase · DOL Form 5500 · 2023

Board of Trustees of IBEW 1245 Money Purchase Plan Money Purchase Plan

Data updated 2026-08-25

$40M
Total assets Below avg plan size
54
Participants Small participant base
83rd
Percentile by assets National rank
$747,925
Avg per participant High balance/head
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Official DOL plan name: IBEW Local 1245 Money Purchase Pension Plan · Sponsored by Board of Trustees of IBEW 1245 Money Purchase Plan · California · Utilities

$40M in assets, 54 participants

Board of Trustees of IBEW 1245 Money Purchase Plan's IBEW Local 1245 Money Purchase Pension Plan reported $40M in total assets and 54 participants in its 2023 DOL Form 5500 filing, ranking in the 83rd 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.

  • #351 in Utilities (721 peers)

Utilities sector rank

Within Utilities, IBEW Local 1245 Money Purchase Pension Plan ranks #351 of 721 2023 filers by assets (1329% of the sector average)-$40M for 54 participants.

#351
in Utilities (721 peers)
+3.3%
assets growth YoY
0.4×
vs typical plan assets (national mean)

IBEW Local 1245 Money Purchase Pension Plan's outsized position by total assets

IBEW Local 1245 Money Purchase Pension Plan vs every filed plan by assets

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

$40,387,947 Top 17% higher than 83% 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 1245 Money Purchase Pension Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. IBEW Local 1245 Money Purchase Pension Plan is a small filing (54 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • IBEW Local 1245 Money Purchase Pension Plan reported net income rose from -$10M in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • IBEW Local 1245 Money Purchase Pension Plan reported participants rose from 51 in the plan year 2022 filing to 54 in the plan year 2023 filing.
  • IBEW Local 1245 Money Purchase Pension Plan end-of-year assets rose from $39M in the plan year 2022 filing to $40M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 946583240 · Board of Trustees of IBEW 1245 Money Purchase Plan PY 2023 · Money Purchase

IBEW Local 1245 Money Purchase Pension Plan · $40M · 54 · 83rd

  • PCT $40M
  • EIN 54
  • RANK 83rd
  • PHOTO Money Purchase
  • IND near National Electrical Benefit Fund Defined Contribution Plan
  • EOY ind #351

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 Utilities retirement plans → · Plans in California →

IBEW Local 1245 Money Purchase Pension Plan in the asset neighbourhood

Millwright L.U. No. 1554 Supplemental Pension PlanMillwright L.U. No. 1554 Sup…$41MPlumbers & Steamfitters Local #83 Retirement FundPlumbers & Steamfitters Loca…$41MIBEW Local 1245 Money Purchase Pension PlanIBEW Local 1245 Money Purcha…$40MNational Electrical Benefit Fund Defined Contribution PlanNational Electrical Benefit …$40MMdrc Pension Plan$40M
End-of-year total assets ($M) among IBEW Local 1245 Money Purchase Pension Plan and nearest nationwide Money Purchase peers. Source: DOL Form 5500 plan year 2023.

Utilities filing particulars

Total Assets (Beginning of Year)$39M
Net Assets (End of Year)$40M
Net Income$1M
Employer EIN946583240
Plan Effective Date1984-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees of IBEW 1245 Money Purchase Plan)

Sponsor-wide plan assets over time

All Board of Trustees of IBEW 1245 Money Purchase Plan plans reported in each filing year

Latest sponsor-wide plan assets
$41M 4.428912124685959% vs 2022
2024 filing year
$38M$39M$40M$41M$42M 202220232024 $39.1M $40.8M ▲ +4.5%
Year Plans Participants Total Assets
2022 1 51 $39M
2023 1 54 $40M
2024 1 53 $41M

Nearby Money Purchase Plans in California

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

IBEW Local 1245 Money Purchase Pension Plan vs. nearby Money Purchase plans in California, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -202468 Total assets ($B) Participants IBEW Local 1245 Money Purchase Pension Plan, Total assets ($B): 0.040387947 · Participants: 54IBEW Local 1245 Money Purchase Pension PlanThe Permanente Contribution Plan of the Permanente Medical Group, Inc., Total assets ($B): 6.965801295 · Participants: 18060The Permanente Contribution Plan of the Permanente Medical Group, Inc.Kaiser Permanente Supplemental Savings and Retirement Plan, Total assets ($B): 5.097985049 · Participants: 36330Kaiser Permanente Supplemental Savings and Retirement PlanUniversity of Southern California Defined Contribution Retirement Plan, Total assets ($B): 4.426886727 · Participants: 20136University of Southern California Defined Contribution Retirement PlanCarpenters Annuity Trust Fund for Northern California, Total assets ($B): 3.257361302 · Participants: 25961Carpenters Annuity Trust Fund for Northern CaliforniaDirectors Guild of America-Producer Pension Plan Supplemental Benefit Plan, Total assets ($B): 2.151319709 · Participants: 23168Directors Guild of America-Producer Pension Plan Supplemental Benefit Plan
IBEW Local 1245 Money Purchase Pension Plan vs. nearby Money Purchase plans in California, assets vs. participants
Compare IBEW Local 1245 Money Purchase Pension Plan side-by-side with 3 peers →

IBEW Local 1245 Money Purchase Pension Plan's out-of-state Money Purchase peers by assets and headcount

Outside California, the nearest Money Purchase by assets is National Electrical Benefit Fund Defined Contribution Plan in MD ($40M); by covered participants it is Laner Muchin Ltd Money Purchase Pension Plan in IL (53 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (54 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 1245 Money Purchase Pension Plan assets move in 2023? ▼
IBEW Local 1245 Money Purchase Pension Plan edged up modestly - up 3.3% during 2023, from $39M to $40M. Reported net income was $1M.
How have Board of Trustees of IBEW 1245 Money Purchase Plan plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees of IBEW 1245 Money Purchase Plan's sponsor-wide assets grew 4.4%, from $39M to $41M.
Where does IBEW Local 1245 Money Purchase Pension Plan rank by assets among Form 5500 filers? ▼
IBEW Local 1245 Money Purchase Pension Plan ranks in the 83rd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which Money Purchase plans are similar in size to IBEW Local 1245 Money Purchase Pension Plan? ▼
Among Money Purchase plans in other states, the closest by assets is National Electrical Benefit Fund Defined Contribution Plan in MD ($40M, 153 participants).
Which Money Purchase plans cover a similar participant headcount to IBEW Local 1245 Money Purchase Pension Plan? ▼
Among Money Purchase plans in other states, the closest by covered participants is Laner Muchin Ltd Money Purchase Pension Plan in IL (53 participants, $14M 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 946583240.

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.